Analysis
How can tech rejuvenate consumer confidence?
Consumer confidence remains flat in Q2 amid continued economic uncertainty, according to the Deloitte Consumer Tracker Survey. It has been revealed that the UK consumer confidence index is at minus eight percent; down four percentage from this time last year.
Large yearly pledge for sustainable energy technology testing
The German Federal Ministry for Economic Affairs and Energy has chosen twenty energy research consortiums to be eligible for €100 million a year in state funds. Their selection came after a nationwide competition as part of Germany’s ‘Energiewende’, its transition to renewable and sustainable energies.
Call for offshore verification to move with the times
Offshore verification needs to move with the times and improve its contribution to safety according to global risk management company, DNV GL. In a paper to be presented at SPE Offshore Europe 2019 this September, DNV GL will reveal, for the first-time, details of its project to develop the next generation of verification to manage risks relating to major accident hazards.
Kontron acquires industrial mainboard business from Fujitsu
Kontron S&T has signed an asset deal with Fujitsu Technology Solutions, headquartered in Munich, Germany to acquire the Augsburg-based Fujitsu industrial mainboard business. In October last year, the Fujitsu Group had announced the closure of its Augsburg site by the end of September 2020. The transaction is subject to antitrust approvals.
A milestone for industrial customers
SOS electronic, a strong partner for Conrad’s industrial customer base and its years of sector knowledge and experience, has reinforced Conrad's established digital platform and product offering of currently more than three million articles.
Acquisition to strengthen role in digital transformation
ABBYY has announced it has completed the acquisition of TimelinePI, a Philadelphia, Pennsylvania-based developer of a comprehensive process intelligence platform designed to empower users to understand, monitor and optimise any business process. The acquisition of TimelinePI represents a significant milestone in establishing ABBYY’s leadership role in the digital transformation market, as well as a global player in the e...
Milestone reached for cumulative shipments of display driver ICs
MagnaChip has surpassed the 500 million milestone in cumulative shipments of OLED DDICs (Display Driver ICs). OLED display drivers are low-power devices that offer excellent screen resolution with deep and bright colours that do not require a backlight and enable full-screen and thinner smartphones.
Latest generation of transmissions for Formula E season 2020
Ricardo is to begin manufacture of the latest range of transmission designs for the ABB FIA Formula E Championship 2020. This marks the start of the company’s fourth year of supporting customers in the all-electric street race competition. The FIA Formula E Championship started in 2011; nine manufacturers take part, including Jaguar, BMW, Audi, Nissan, DS and Mahindra.
Automation design contest’s grand prize is won
The 6h Delta Advanced Automation Design Contest (Delta Cup) has been held at Delta’s Wujiang Plant in Jiangsu, China. This year, the contest adopted the concept of advanced industrial automation development from Industry 4.0 and Smart Manufacturing. Under the theme of ‘Seeking Smart IIoT Talents’, the competition included three major categories: Innovative Machines, Smart Factory, and Better Future Living.
Adoption of machine learning will ignite fresh growth prospects
Research and development (R&D) in the defence industry is undergoing a paradigm shift. Previously, R&D was driven by military investment, but it is now driven by civilian investment. This affects how technologies are developed, with dual-use technologies becoming more prevalent on the battlefield and existing technologies combined in novel ways to achieve the desired capabilities.