Industrial

LoRa Alliance® to Showcase Volume and Diversity of LoRaWAN® Solutions for Industrial IoT at Hannover Messe 2024

Retrieved on: 
Tuesday, March 19, 2024
Temperature, VIP, DLMS, Invention, FUOTA, LPWAN, Internet of things, NEON, LoRa, ISM, Safety, Workforce, Deutsche Messe, ROI, Communication, Hannover Messe, Industrial internet of things, ESG, Internet, Revolution, Vibration, Conference, Pressure, IA Financial Group, Industrial, Atmosphere, Ecosystem, Code point

At the show, the LoRa Alliance and member companies co-exhibiting on the stand will illustrate the role of connectivity in industrial digital transformation.

Key Points: 
  • At the show, the LoRa Alliance and member companies co-exhibiting on the stand will illustrate the role of connectivity in industrial digital transformation.
  • Onsite, LoRa Alliance members will show how LoRaWAN optimizes industrial operations, integrates with existing infrastructure and creates synergies with complementary technologies to maximize the value of IIoT solutions.
  • “The overall theme for this year’s Hannover Messe is ‘Energizing a Sustainable Industry,’ which embodies how LoRaWAN supports industrial IoT and Industry 5.0,” said Donna Moore, CEO and chairwoman of the LoRa Alliance.
  • Speakers will also showcase how data-driven insights lead to operational efficiencies and quantifiable ROI, using compelling case studies as examples.

Skkynet Reaches Record Sales Growth in First Quarter

Retrieved on: 
Monday, March 18, 2024
Cloud, Microsoft, ETK, Microsoft Azure, Industrial, VPN, Cogent

MISSISSAUGA, ON, March 18, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Skkynet Cloud Systems, Inc. (“Skkynet” or “the Company”) (OTCQB: SKKY) is pleased to announce its quarter-end operating and financial results for the period ended January 31, 2023.  The Company reported a record first quarter revenue of $630,536 compared to $492,119 for the same period in 2023, a 28% year over year revenue growth. Comprehensive income from operations for the 3-month period was $23,951 compared to a loss of $144,627 for the same period in 2023 due to increased sales.

Key Points: 
  • The Company reported a record first quarter revenue of $630,536 compared to $492,119 for the same period in 2023, a 28% year over year revenue growth.
  • Comprehensive income from operations for the 3-month period was $23,951 compared to a loss of $144,627 for the same period in 2023 due to increased sales.
  • “Skkynet’s growing sales and expanding channels have maintained the Company’s upward growth trend.
  • We had a very successful quarter in elevating our marketing presence, attracting new partners, and maintaining our strong cash position,” stated Andrew Thomas, CEO.

At its Capital Markets Day, Iveco Group updated its guidance for 2024 and presented the financial targets for the duration of the Plan

Retrieved on: 
Friday, March 15, 2024
Indian stock exchange, EXM, ASTRA, Agriculture, EPS, CNH, Financial services, IDV, Sale, Public expenditure, FPT Industrial, Nature, Adjustment, Industrial, IVG, Investment, IVECO, Fire, Collection, CNH Industrial, Person

Iveco Group monitors its operations through the use of several non-EU-IFRS financial measures.

Key Points: 
  • Iveco Group monitors its operations through the use of several non-EU-IFRS financial measures.
  • Iveco Group’s management believes that these non-EU-IFRS financial measures provide useful and relevant information regarding its operating results and targets and enhance the readers’ ability to assess Iveco Group’s financial performance and financial position.
  • Iveco Group’s non-EU-IFRS financial measures are defined as follows:
    Adjusted EBIT: is defined as EBIT before restructuring costs and non-recurring items.
  • Iveco Group employs more than 36,000 people around the world and has 20 industrial sites and 29 R&D centres.

LTE & 5G NR-Based CBRS Networks and Private LTE & 5G Network Ecosystem Research Package 2024: Market Opportunities, Challenges, Strategies Verticals & Forecasts 2023-2030 - ResearchAndMarkets.com

Retrieved on: 
Friday, April 5, 2024
Technology, Networks, 5G, Verizon Communications, 3GPP, Radio access network, Mobile, Wind, Investment, BBC, Allocation, Automation, Communication, Private, LTE, Augment, NAS, Bundeswehr, Charter, Public security, Raketenjagdpanzer 1, Farm, GAA, CBRS, Comcast, Hospital, Citizens Broadband Radio Service, High-pass filter, Mobile virtual network operator, Microsoft Excel, Economics, FWA, Growth, Forecasting, MVNO, Wireless, Industrial, BMW, Hertz, Ecosystem, Power, Airport, PAL, Mobile phone

The "CBRS & Private LTE/5G Networks: 2023-2030: Opportunities, Challenges, Strategies & Forecasts - 2 Report Package" report from SNS Telecom & IT has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "CBRS & Private LTE/5G Networks: 2023-2030: Opportunities, Challenges, Strategies & Forecasts - 2 Report Package" report from SNS Telecom & IT has been added to ResearchAndMarkets.com's offering.
  • The report package also provides forecasts for network infrastructure and terminal equipment from 2023 to 2030.
  • The publisher estimates that annual investments in LTE and 5G NR-based CBRS RAN, mobile core, and transport network infrastructure reached $900 Million in 2023.
  • Report 1: The Private LTE & 5G Network Ecosystem: 2023 - 2030 - Opportunities, Challenges, Strategies, Industry Verticals & Forecasts
    Report 2: The Public Safety LTE & 5G Market: 2023 - 2030 - Opportunities, Challenges, Strategies & Forecasts
    Chapter 7: Public Safety LTE/5G Spectrum Availability, Allocation & Usage

Mitsubishi Electric to Transfer Distribution Transformer Business to Hitachi Industrial Equipment Systems

Retrieved on: 
Friday, April 5, 2024
Technology, Utilities, Manufacturing, Energy, Other Manufacturing, Hardware, Transfer, Electricity, Growth, Mitsubishi Group, Head, Mitsubishi Electric, Industrial, Investment, OT, Power, FA, Hitachi, Electric power

Hitachi Industrial Equipment Systems Co., Ltd. (Head Office: Chiyoda-ku, Tokyo; President and CEO: Yasuhiro Takeuchi; hereinafter “Hitachi Industrial Equipment Systems”) and Mitsubishi Electric Corporation (Head Office: Chiyoda-ku, Tokyo; President & CEO: Kei Uruma; hereinafter “Mitsubishi Electric”) today announced that they have agreed to transfer the distribution transformer business of Mitsubishi Electric’s Nagoya Works, which develops and manufactures factory automation (FA) equipment, to Hitachi Industrial Equipment Systems and integrate their businesses (hereinafter “Business Transfer”).

Key Points: 
  • Hitachi Industrial Equipment Systems Co., Ltd. (Head Office: Chiyoda-ku, Tokyo; President and CEO: Yasuhiro Takeuchi; hereinafter “Hitachi Industrial Equipment Systems”) and Mitsubishi Electric Corporation (Head Office: Chiyoda-ku, Tokyo; President & CEO: Kei Uruma; hereinafter “Mitsubishi Electric”) today announced that they have agreed to transfer the distribution transformer business of Mitsubishi Electric’s Nagoya Works, which develops and manufactures factory automation (FA) equipment, to Hitachi Industrial Equipment Systems and integrate their businesses (hereinafter “Business Transfer”).
  • After obtaining approval from the relevant authorities, assets and other items related to the distribution transformer business (development, design, manufacturing, sales, and maintenance) at Mitsubishi Electric’s Nagoya Works will be transferred to Hitachi Industrial Equipment Systems in stages beginning in October 2024, with completion scheduled for April 1, 2026.
  • The Business Transfer does not include the transformers manufactured at Mitsubishi Electric’s Transmission & Distribution Systems Center, Ako Factory.
  • Through this Business Transfer, Hitachi Industrial Equipment Systems will expand its product lineup of highly energy-efficient and eco-friendly transformers and accelerate the growth of grid edge solutions centered on power distribution systems, mainly in the domestic market.

BARK Strengthens Leadership Team With Appointment of Two Pet Industry Leaders

Retrieved on: 
Wednesday, April 3, 2024
Online Retail, Toys, Retail, Consumer, Specialty, Pets, Food, Beverage, Paragon, Growth, Consumables, Brigham Young University, Digital, Pratt Institute, Social media, University, CPG, Walmart, Industrial, Dog, CO

“We are thrilled to elevate our leadership team with the addition of two proven leaders who bring a wealth of experience across the pet, e-commerce, and retail sectors,” said Matt Meeker.

Key Points: 
  • “We are thrilled to elevate our leadership team with the addition of two proven leaders who bring a wealth of experience across the pet, e-commerce, and retail sectors,” said Matt Meeker.
  • “Michael Black, who served as the Chief Executive Officer of premium pet brand Outward Hound brings an impressive track record of delivering omnichannel growth across the pet sector.
  • He will oversee our growth in the play category and ensure our brand reaches as many dog households as possible.
  • “Over the years, BARK has built one of the most impressive brands in the pet space.

Versus Capital Welcomes Robert Becker as Chief Investment Strategist

Retrieved on: 
Thursday, April 4, 2024
Asset Management, Professional Services, Finance, Franklin Templeton Investments, Growth, Cohen & Steers, Research, Transport, University, Prospectus, Industrial, Eversource Energy, Salomon Brothers, Cohen, Financial services

Versus Capital Advisors (NASDAQ: VCRRX), a leading manager of investment strategies focused on real assets, today announced that Robert Becker has joined the firm as Chief Investment Strategist.

Key Points: 
  • Versus Capital Advisors (NASDAQ: VCRRX), a leading manager of investment strategies focused on real assets, today announced that Robert Becker has joined the firm as Chief Investment Strategist.
  • Versus Capital continues to invest heavily in its investment team, almost doubling its number of investment professionals in the past year.
  • “We are excited to welcome Bob to the team,” said Mark Quam, Chief Executive Officer of Versus Capital.
  • “I am thrilled to be joining the talented and innovative team at Versus Capital,” said Robert Becker.

Improving Contract Literacy: Praktio Launches On-demand Course for Marmon's Business Professionals

Retrieved on: 
Tuesday, April 2, 2024
Legal, Technology, Human Resources, Professional Services, Business, Software, Internet, Other Education, Training, Education, HR, Confusion, Exercise, GSK plc, Walking, Partnership, General counsel, Knowledge, Human, Industrial, Multimedia, Family, Berkshire Hathaway, Feedback, Marmon Group

In a fast-paced business environment, understanding and managing contracts is a critical skill for business professionals across all roles and industries.

Key Points: 
  • In a fast-paced business environment, understanding and managing contracts is a critical skill for business professionals across all roles and industries.
  • Praktio's latest on-demand course, Commercial Contracts Essentials , empowers professionals with the acumen to confidently navigate commercial contracts.
  • Our business units see the value in the training, and they like the option to take it at their own pace.
  • "We are excited to release this new course aimed specifically at business professionals who work with contracts."

Stratasys Establishes New Customer Advisory Board to Drive Collaboration and Innovation in Additive Manufacturing

Retrieved on: 
Wednesday, March 27, 2024
Electronic Design Automation, Engineering, Chemicals, Plastics, Technology, Manufacturing, Software, TE Connectivity, Manufacturing engineering, Learning, LTD, School, Toyota Motor North America, Research, 3D, University, Human, CAB, Senior, Industrial, 3D printing, Stratasys, Customer advisory council, Advanced technology, NIAR

Stratasys Ltd ., a leader in polymer 3D printing solutions, is excited to announce the launch of a new Industrial Customer Advisory Board (CAB).

Key Points: 
  • Stratasys Ltd ., a leader in polymer 3D printing solutions, is excited to announce the launch of a new Industrial Customer Advisory Board (CAB).
  • The CAB will provide the customer with added voice and insight as Stratasys continues to drive innovation in the additive manufacturing industry.
  • The 12-member Industrial Customer Advisory Board includes leaders from market leading manufacturers across Aerospace, Automotive, and Industrial Manufacturing, as well as institutions of research and higher learning.
  • Aligned with senior Stratasys leadership, the Customer Advisory Board provides input on requirements for scalable manufacturing applications and specific initiatives that focus on quality and reliability; characterization data; and alignment on an impactful sustainability strategy.

BearingPoint Elects Stefan Penthin to Be the Next Managing Partner of the Global Firm

Retrieved on: 
Wednesday, March 27, 2024
Retail, Automotive Manufacturing, Manufacturing, Technology, Finance, Fintech, Consulting, Business, Professional Services, Supply Chain Management, Transport, Other Manufacturing, Other Technology, Software, Logistics, Data Analytics, EUR, BearingPoint, Partner (business rank), Partnership, Entrepreneurship, Industrial, Retirement, Partner, Multimedia, Automotive industry

With, as planned, the final term of its current Managing Partner coming to an end, the partnership of the independent management and technology consultancy, BearingPoint, has elected Stefan Penthin to be its next Managing Partner, effective September 1, 2024.

Key Points: 
  • With, as planned, the final term of its current Managing Partner coming to an end, the partnership of the independent management and technology consultancy, BearingPoint, has elected Stefan Penthin to be its next Managing Partner, effective September 1, 2024.
  • The new Managing Partner was elected by the BearingPoint Partners in a collaborative process based on the principle of One Partner - One Vote.
  • View the full release here: https://www.businesswire.com/news/home/20240327335930/en/
    Stefan Penthin will be the next worldwide Managing Partner of BearingPoint.
  • Once the handover to Stefan Penthin is complete, Kiumars Hamidian will start his official early retirement phase in early 2025.