Foundry

ROCTOOL: ENRX and ROCTOOL combine their expertise to electrify molds on a global scale

Retrieved on: 
Monday, September 25, 2023

ENRX and Roctool sign a long-term agreement to offer manufacturers of plastic and composite parts sustainable molding with the world's most advanced "mold electrification" program.

Key Points: 
  • ENRX and Roctool sign a long-term agreement to offer manufacturers of plastic and composite parts sustainable molding with the world's most advanced "mold electrification" program.
  • ENRX has been supplying key components to Roctool, for its molding technology for more than 10 years.
  • With this alliance, the two companies are now multiplying efforts on a global scale to combine ENRX unmatched expertise in sustainable solutions, with state-of-the-art induction heating solutions and Roctool, heat and cool molding technologies.
  • ENRX and Roctool now have capabilities to support global manufacturers in their quest of sustainable molding with the most advanced “mold electrification” program.

Sonic Foundry to Participate in the Virtual Tech Conference Series: Emerging Growth in A.I., Presented by Maxim Group LLC on Tuesday, September 26th and Wednesday, September 28th at 8:00am ET

Retrieved on: 
Friday, September 22, 2023

The conference will explore how the continuous evolution of A.I.

Key Points: 
  • The conference will explore how the continuous evolution of A.I.
  • Maxim Senior Analysts will facilitate engaging dialogues with CEOs and key management of emerging growth companies with a strong focus on A.I.
  • Mozden commented, “We're thrilled to be part of the upcoming Virtual Tech Conference Series: Emerging Growth in A.I., along with many of today’s leading technology companies.
  • technology to drive productivity and efficiencies for enterprise video platforms through new generative, engagement and analytics capabilities.”
    This conference will be live on M-Vest.

Global Crucibles Market Report 2024: Regional, Materials and End-use Industry Revenues 2018-2034 - ResearchAndMarkets.com

Retrieved on: 
Friday, September 22, 2023

The "The Global Crucibles Market 2024-2034" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "The Global Crucibles Market 2024-2034" report has been added to ResearchAndMarkets.com's offering.
  • The report delves into the high-temperature manufacturing processes, exploring the market drivers and challenges shaping the industry.
  • Asia-Pacific is the largest market for crucibles market, with high demand from industrial sectors in China and India driving market growth.
  • Additionally, the report offers an end-use market analysis and forecasts global market revenues from 2018 to 2034, categorizing them by region, materials, and end-use industry.

Andela Research Finds Increasing Demand for Global Remote Tech Talent

Retrieved on: 
Tuesday, September 19, 2023

NEW YORK, Sept. 19, 2023 /PRNewswire/ -- Andela, the global talent marketplace, released a survey today showing that more than 1 in 4 tech workers (27%) remain remote and 83% of enterprises say that number will increase or remain the same over the next six months. The survey, conducted in partnership with Foundry, included 211 enterprises with an average employee size of 5,500 across the U.S., UK, and Germany.

Key Points: 
  • For companies not looking to increase remote tech talent, 47% cited concerns over employee productivity and engagement, a common refrain among companies mandating a return to the office.
  • The survey also found that 88% of enterprise companies want to find tech talent in other countries even though language and cultural barriers remain a top challenge (38%).
  • "Enterprises will continue to tap into global talent as they work to bridge in-house skills gaps," says Jeremy Johnson, Andela CEO and Co-Founder.
  • "Global reach and certified talent pools are critical, so enterprises need a trusted partner to source the right talent.

Global 200mm Fabs to Reach Record High Capacity by 2026, SEMI Reports

Retrieved on: 
Tuesday, September 19, 2023

The development of powertrain inverters and charging stations for electric vehicles (EVs) in particular is expected to fuel increases in global 200mm wafer capacity as EV adoption continues to rise.

Key Points: 
  • The development of powertrain inverters and charging stations for electric vehicles (EVs) in particular is expected to fuel increases in global 200mm wafer capacity as EV adoption continues to rise.
  • "The global semiconductor industry's ramp to record 200mm fab capacity highlights the bullish expectations for growth in the automotive market in particular," said Ajit Manocha, SEMI President and CEO.
  • The biggest contributor to the 200mm capacity expansion, China is projected to reach more than 1.7 million wafers per month by 2026.
  • The SEMI 200mm Fab Outlook to 2026 report tracks 336 fabs and lines (from R&D and volume).

Global 200mm Fabs to Reach Record High Capacity by 2026, SEMI Reports

Retrieved on: 
Tuesday, September 19, 2023

The development of powertrain inverters and charging stations for electric vehicles (EVs) in particular is expected to fuel increases in global 200mm wafer capacity as EV adoption continues to rise.

Key Points: 
  • The development of powertrain inverters and charging stations for electric vehicles (EVs) in particular is expected to fuel increases in global 200mm wafer capacity as EV adoption continues to rise.
  • "The global semiconductor industry's ramp to record 200mm fab capacity highlights the bullish expectations for growth in the automotive market in particular," said Ajit Manocha, SEMI President and CEO.
  • The biggest contributor to the 200mm capacity expansion, China is projected to reach more than 1.7 million wafers per month by 2026.
  • The SEMI 200mm Fab Outlook to 2026 report tracks 336 fabs and lines (from R&D and volume).

Kearney Acquires MSE, Top Middle East Transformation Specialist

Retrieved on: 
Thursday, September 14, 2023

CHICAGO, Sept. 14, 2023 /PRNewswire/ -- Kearney, a leading global strategy consulting firm, is pleased to announce its acquisition of MSE –  Management Solutions Experts, a highly regarded Middle Eastern consulting firm, pending customary regulatory approvals and clearances. The acquisition further demonstrates Kearney's commitment to invest in the region and provide the very best in end-to-end transformation services for our clients.

Key Points: 
  • The acquisition further demonstrates Kearney's commitment to invest in the region and provide the very best in end-to-end transformation services for our clients.
  • "We're excited about this new phase in our relationship with MSE," said Bob Willen, managing director and chair of Kearney's Middle East and Africa region.
  • "MSE's local expertise and its complementary capabilities have already increased the value of what Kearney delivers for our Middle East clients.
  • "MSE's people have a great opportunity to contribute to, and benefit from, Kearney's continued growth in the Middle East."

Report: More than half of IT decision-makers report that their organization is likely to adopt AI cloud capabilities over the next 12 month

Retrieved on: 
Thursday, September 14, 2023

Currently, 31% of an organization’s overall IT budget is allocated to cloud computing, and 66% expect their cloud spending to increase over the next 12 months.

Key Points: 
  • Currently, 31% of an organization’s overall IT budget is allocated to cloud computing, and 66% expect their cloud spending to increase over the next 12 months.
  • If cloud providers want to keep their customers from switching vendors due to AI cloud capabilities, they need to ensure their plan is clear.
  • For more information and to see the full results from the Cloud Computing study, please view the executive summary .
  • To learn more about how Foundry engages with decision-makers researching and investing in cloud solutions, contact us .

Rackspace Technology Launches Intelligent Co-worker for the Enterprise to Make Generative Artificial Intelligence Accessible Worldwide

Retrieved on: 
Tuesday, September 12, 2023

SAN ANTONIO, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT) — a leading end-to-end, multicloud solutions company, today announced the launch of Rackspace Intelligent Co-worker for the Enterprise (ICE™).

Key Points: 
  • SAN ANTONIO, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT) — a leading end-to-end, multicloud solutions company, today announced the launch of Rackspace Intelligent Co-worker for the Enterprise (ICE™).
  • ICE is a revolutionary generative artificial intelligence (AI) system explicitly designed for enterprise use.
  • It makes inferences and generates text based on a proprietary corpus of curated enterprise data hosted in a secure and private enterprise tenant.
  • Built by the Foundry for AI by Rackspace (FAIR) as an enterprise-first AI product, ICE is the future of AI in the workplace – enterprise generative intelligence that delivers trusted information.

New collaboration to implement grid-friendly power supply system, the next evolution in electric steelmaking

Retrieved on: 
Tuesday, September 12, 2023

Active Power Feeder is projected to be ready for operation under industrial production conditions at EAF plants by 2025.

Key Points: 
  • Active Power Feeder is projected to be ready for operation under industrial production conditions at EAF plants by 2025.
  • Active Power Feeder is a key technology for green electric steelmaking.
  • Thanks to Active Power Feeder, the power supply system will operate maintaining high power quality – at a level that meets the requirements of power utility companies.
  • Moreover, Active Power Feeder can compensate also for the extra strain put on the power supply system if an additional ladle furnace is introduced.