Hitachi

Index Engines Reports Substantial Revenue Growth in 5 Key Industries Targeted by Ransomware in 2023

Retrieved on: 
Monday, February 5, 2024

HOLMDEL, N.J., Feb. 5, 2024 /PRNewswire/ -- Cybersecurity company Index Engines reports a sharp increase in adoption of its leading CyberSense® software during 2023 in several sectors highly targeted by ransomware.

Key Points: 
  • Telecom has been hit especially hard by ransomware in recent years , driving rapid adoption of cybersecurity solutions by the industry, resulting in 70% gains for Index Engines.
  • Growth in the Insurance and Finance sectors for CyberSense was a 56% increase in revenues from 2022 to 2023.
  • Index Engines also had its own growth in 2023, including:
    Appointments: 2023 was also a year of key appointments for Index Engines with the company naming Geoff Barrall Chief Product Officer, Tony Craythorne as Chief Revenue Officer (CRO) and Brian Householder to the company's advisory board.
  • "We set out to scale up all aspects of Index Engines in 2023," said Tim Williams, CEO, Index Engines.

Hitachi Digital Services and OneThird Fight Supermarket Food Waste With First-of-its-Kind Digital Solution

Retrieved on: 
Wednesday, January 24, 2024

LONDON and SANTA CLARA, Calif, Jan 24, 2024 - (JCN Newswire) - Hitachi Digital Services, the digital consultancy and technology services subsidiary of Hitachi Ltd. (TSE: 6501), issupporting food waste prevention specialists OneThird in the development of a breakthrough solution tackling the global food waste crisis.

Key Points: 
  • LONDON and SANTA CLARA, Calif, Jan 24, 2024 - (JCN Newswire) - Hitachi Digital Services, the digital consultancy and technology services subsidiary of Hitachi Ltd. (TSE: 6501), issupporting food waste prevention specialists OneThird in the development of a breakthrough solution tackling the global food waste crisis.
  • OneThird selected Digital Services from Hitachi Vantara, now a new entity known as Hitachi Digital Services, to combine its Azure cloud and application expertise with their in-depth understanding of sensing and AI technology and together they created a real-time data insights platform to enable a smarter and more flexible food supply chain.
  • It is imperative that solutions are created to ensure there is enough food for everyone, which also includes reducing thecurrent food waste crisis.
  • "As the food wastecrisis continues, retailers must be equipped with the insights needed to reduce food waste in a truly impactful way.

MERMEC and Hitachi Rail sign put option agreement for sale of signaling systems in France, Germany, and the UK

Retrieved on: 
Tuesday, January 30, 2024

ROME, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Hitachi Rail and MERMEC SpA have signed a put option agreement for the sale of mainline signaling activities in France and signaling companies in Germany and the United Kingdom. Last October, the European Commission and the UK’s Competition and Markets Authority (CMA) approved Hitachi Rail's acquisition of Thales GTS, with the condition that Hitachi Rail divests its mainline signaling activities in France, Germany, and the UK. The put option agreement with MERMEC marks a significant advancement in meeting the compliance requirements set by antitrust authorities to conclude the acquisition of Thales GTS by Hitachi Rail.

Key Points: 
  • ROME, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Hitachi Rail and MERMEC SpA have signed a put option agreement for the sale of mainline signaling activities in France and signaling companies in Germany and the United Kingdom.
  • Last October, the European Commission and the UK’s Competition and Markets Authority (CMA) approved Hitachi Rail's acquisition of Thales GTS, with the condition that Hitachi Rail divests its mainline signaling activities in France, Germany, and the UK.
  • The put option agreement with MERMEC marks a significant advancement in meeting the compliance requirements set by antitrust authorities to conclude the acquisition of Thales GTS by Hitachi Rail.
  • "Today, we have reached a crucial milestone towards the final acquisition of Thales GTS, a cornerstone of our growth strategy," stated Giuseppe Marino, Group CEO of Hitachi Rail.

Strong Demand for Ransomware Protection Drives a Record 2023 for CTERA

Retrieved on: 
Tuesday, January 30, 2024

New York, NY, Jan. 30, 2024 (GLOBE NEWSWIRE) -- CTERA , the leader in edge-to-cloud file services today announced record results for 2023, driven by strong demand for its new AI-based ransomware protection.

Key Points: 
  • New York, NY, Jan. 30, 2024 (GLOBE NEWSWIRE) -- CTERA , the leader in edge-to-cloud file services today announced record results for 2023, driven by strong demand for its new AI-based ransomware protection.
  • CTERA Ransom Protect, which was awarded a leadership position by GigaOm, provides zero-day protection against the wide-spreading attacks that were estimated to have inflicted $30 billion in total damage to organizations in 2023.
  • CTERA realized over 30 percent growth in annual recurring revenue for its edge-to-cloud solutions.
  • CTERA Fusion: Unified File and Object – An S3 interface that allows object-native applications to connect directly with CTERA file repositories.

Worksport Subsidiary Terravis Energy Starts To Build Heat Pump Supply Chain

Retrieved on: 
Tuesday, January 30, 2024

West Seneca, New York, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Worksport Ltd. (Nasdaq:WKSP; WKSPW) (“Worksport”) and its subsidiary, Terravis Energy, Inc. (“Terravis” or the “Company”) are pleased to announce that Terravis has begun to consider partners in a supply chain for the Cold Climate, Air Source Residential Heat Pump (CCHP).

Key Points: 
  • West Seneca, New York, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Worksport Ltd. (Nasdaq:WKSP; WKSPW) (“Worksport”) and its subsidiary, Terravis Energy, Inc. (“Terravis” or the “Company”) are pleased to announce that Terravis has begun to consider partners in a supply chain for the Cold Climate, Air Source Residential Heat Pump (CCHP).
  • Lorenzo Rossi attended the AHR Expo with a strategic objective – meeting suppliers and instituting a commercial supply chain for the revolutionary CCHP.
  • “We have reached a tipping point in the development of the Terravis Heat Pump , as it has gone through some ultra-demanding tests in our Toronto R&D facility’s cutting-edge ‘Arctic Chamber’ and is now undergoing extra tests.
  • As always, Worksport will continue to update investors and shareholders on our progress with all products as soon as information is available.

Electric Vehicle Motor Market to Record Growth of USD 14.49 billion from 2022 to 2027, ABB Ltd. and Allied Motion Technologies Inc. to emerge as Some of the key companies - Technavio

Retrieved on: 
Wednesday, January 31, 2024

NEW YORK, Jan. 30, 2024 /PRNewswire/ -- The electric vehicle motor market is estimated to grow by USD 14.49 billion from 2023 to 2027, according to Technavio.

Key Points: 
  • NEW YORK, Jan. 30, 2024 /PRNewswire/ -- The electric vehicle motor market is estimated to grow by USD 14.49 billion from 2023 to 2027, according to Technavio.
  • Mid-power rating (MPR) motors, like the 80kW MPR motor in the Nissan Leaf, are favored in hybrid and low-range pure electric vehicles.
  • By geography, the global electric vehicle motor market is segmented into APAC, Europe, North America, South America, and the Middle East and Africa.
  • What are the key data covered in this Electric Vehicle Motor Market report?

Railway Telematics Global Market Report 2024: GPS Technology Adoption, IoT-Based Railway Systems Gaining Traction, Big Data Analytics Revolutionizing the Industry - Long-term Forecast to 2033 - ResearchAndMarkets.com

Retrieved on: 
Thursday, January 18, 2024

The railway telematics market size is expected to see strong growth in the next few years.

Key Points: 
  • The railway telematics market size is expected to see strong growth in the next few years.
  • The railway telematics market is experiencing significant growth due to increased government initiatives for smart railways, with various countries globally investing in improved transportation infrastructure.
  • Major players in the railway telematics market are launching new products to maintain their market position.
  • Global Railway Telematics Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

Japan Rail Freight Transport Market Size to Surpass Around US$ 10.6 Billion 2030, Recording a CAGR of 4.1% | Report by CoherentMI

Retrieved on: 
Thursday, January 25, 2024

In terms of region, North America is expected to hold a dominant position in the Japan Rail Freight Transport Market.

Key Points: 
  • In terms of region, North America is expected to hold a dominant position in the Japan Rail Freight Transport Market.
  • Key players operating in the Japan Rail Freight Transport Market include Meitetsu Transportation, Kintetsu Railway, Freight Transport of JR Hokkaido, Freight Transport of JR Shikoku, Freight Transport of JR Central, Japan Freight Railway Company, West Japan Railway Company, Freight Transport of JR East, Freight Transport of JR West, Freight Transport of JR Kyushu, Japan Freight Railway Company, Nagoya Railroad, Seino Transportation, Keihan Electric Railway, Keisei Electric Railway, Odakyu Electric Railway, Tobu Railway, Seibu Railway, East Japan Railway Company, and Kyushu Railway Company.
  • Read complete market research report, " Japan Rail Freight Transport Market Size And Share Analysis - Growth Trends And Forecasts (2023 - 2030) ", Published by CoherentMI.
  • In conclusion, the Japan Rail Freight Transport Market is expected to grow at a steady pace during the forecast period.

Japan Rail Freight Transport Market Size to Surpass Around US$ 10.6 Billion 2030, Recording a CAGR of 4.1% | Report by CoherentMI

Retrieved on: 
Thursday, January 25, 2024

In terms of region, North America is expected to hold a dominant position in the Japan Rail Freight Transport Market.

Key Points: 
  • In terms of region, North America is expected to hold a dominant position in the Japan Rail Freight Transport Market.
  • Key players operating in the Japan Rail Freight Transport Market include Meitetsu Transportation, Kintetsu Railway, Freight Transport of JR Hokkaido, Freight Transport of JR Shikoku, Freight Transport of JR Central, Japan Freight Railway Company, West Japan Railway Company, Freight Transport of JR East, Freight Transport of JR West, Freight Transport of JR Kyushu, Japan Freight Railway Company, Nagoya Railroad, Seino Transportation, Keihan Electric Railway, Keisei Electric Railway, Odakyu Electric Railway, Tobu Railway, Seibu Railway, East Japan Railway Company, and Kyushu Railway Company.
  • Read complete market research report, " Japan Rail Freight Transport Market Size And Share Analysis - Growth Trends And Forecasts (2023 - 2030) ", Published by CoherentMI.
  • In conclusion, the Japan Rail Freight Transport Market is expected to grow at a steady pace during the forecast period.

Blues Hires New Executive to Support Customer and Partner Growth

Retrieved on: 
Tuesday, January 23, 2024

MANCHESTER, Mass., Jan. 23, 2024 /PRNewswire/ -- Blues, a leader in IIoT technology enabling global connectivity solutions, today announced Alistair Fulton as its new Chief Operating Officer (COO) and Vice President (VP) of Ecosystem. In his role, Fulton will oversee the continued evolution of Blues' go-to-market strategy in the global IIoT market, as well as facilitate the ongoing growth of the company's customer and partnership ecosystem. 

Key Points: 
  • In his role, Fulton will oversee the continued evolution of Blues' go-to-market strategy in the global IIoT market, as well as facilitate the ongoing growth of the company's customer and partnership ecosystem.
  • "Alistair's appointment is a natural next step for Blues.
  • The IIoT market is fragmented by nature, comprised of use cases and customer challenges that span every industry and part of the supply chain," said Jim Hassman, President and Chief Revenue Officer at Blues.
  • For more information about how Blues helps companies transform stagnant, physical products into intelligent, data-driven devices, please visit https://blues.io/ .