Auschwitz concentration camp

Global Utility Asset Management Market Analysis 2020-2025 - Includes Profiles of ABB, Siemens, and General Electric Company Among Other Major Players - ResearchAndMarkets.com

Friday, August 14, 2020 - 4:03pm

The global utility asset management market is expected to grow at a CAGR of around 7.5% during the forecast period.

Key Points: 
  • The global utility asset management market is expected to grow at a CAGR of around 7.5% during the forecast period.
  • However, the high cost associated with the implementation of monitoring and tracking systems is likely to hinder the utility asset management market during the forecast period.
  • Some of the key players in the market include ABB Ltd, Siemens AG, General Electric Company, Emerson Electric Co., S&C Electric Company, Sentient Energy Inc., Aclara Technologies LLC, Enetics, Inc., Lindsey Manufacturing Co., and Netcontrol Oy.
  • Regions such as Africa, with a negligible utility asset management system, is expected to provide an ample opportunity to the companies involved in the utility asset management market in the near future.

Prumo, bp and Siemens Enter Into Partnership With SPIC on Energy Projects in Brazil

Monday, August 10, 2020 - 2:00pm

The agreement improves the potential for expansion projects GNA III and GNA IV, the domestic gas hub strategy and renewables projects.

Key Points: 
  • The agreement improves the potential for expansion projects GNA III and GNA IV, the domestic gas hub strategy and renewables projects.
  • SPIC Brasil's contribution to this partnership is centered on its expertise in operation and project management strategy in Brazil.
  • Siemens via its financing arm, Siemens Financial Services, and in close cooperation with Siemens Energy will contribute capital, innovative technology and its expertise managing similar projects.
  • SPIC Brasil, owned subsidiary of State Power Investment Corporation (SPIC), a global energy generator and related projects company.

Engineering for Change and Siemens Announce Finalists in Innovate for Impact: Siemens Design Challenge

Wednesday, August 5, 2020 - 2:00pm

It is this spirit of open innovation that is at the heart of the Innovate for Impact: Siemens Design Challenge , an initiative created by global industrial company Siemens , in collaboration with The American Society of Mechanical Engineers (ASME) and Engineering for Change (E4C).

Key Points: 
  • It is this spirit of open innovation that is at the heart of the Innovate for Impact: Siemens Design Challenge , an initiative created by global industrial company Siemens , in collaboration with The American Society of Mechanical Engineers (ASME) and Engineering for Change (E4C).
  • The co-creation platform for the challenge opened on March 4 coinciding with World Engineering Day for Sustainable Development .
  • For more information about Innovate for Impact: Siemens Design Challenge, please visit https://bit.ly/2UTJKmS .
  • In fiscal 2019, Siemens USA reported revenue of $26.5 billion and employs approximately 50,000 people throughout all 50 states and Puerto Rico.

COVID-19 Impacts: Global Industrial Automation Control Market will Accelerate at a CAGR of almost 5% through 2020-2024 | Need For Simplification of Complex Manufacturing Activities to Boost Growth | Technavio

Tuesday, August 4, 2020 - 11:45pm

Our industrial automation control market report covers the following areas:

Key Points: 
  • Our industrial automation control market report covers the following areas:
    This study identifies the virtualization of automation control systems as one of the prime reasons driving the industrial automation control market growth during the next few years.
  • We provide a detailed analysis of around 25 vendors operating in the industrial automation control market, including some of the vendors such as ABB Ltd., Eaton Corporation Plc, Emerson Electric Co., General Electric Co., Honeywell International Inc., OMRON Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and Yokogawa Electric Corp.
  • Backed with competitive intelligence and benchmarking, our research reports on the industrial automation control market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Register for a free trial today and gain instant access to 17,000+ market research reports.

VARIAN ALERT: Bragar Eagel & Squire, P.C. Investigates Sale of VAR and Encourages Investors to Contact the Firm

Monday, August 3, 2020 - 5:36pm

On August 2, 2020, Varian announced that it had signed an agreement to be acquired by Siemens Healthineers for approximately $16.4 billion.

Key Points: 
  • On August 2, 2020, Varian announced that it had signed an agreement to be acquired by Siemens Healthineers for approximately $16.4 billion.
  • Pursuant to the merger agreement, Varians stockholders will receive $177.50 in cash for each share of Varian common stock owned.
  • Bragar Eagel & Squire is concerned that Varians board of directors oversaw an unfair process and ultimately agreed to an inadequate deal price.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Varian Reports Results for Third Quarter of Fiscal Year 2020

Sunday, August 2, 2020 - 8:55am

The company ended the quarter with $769 million in cash and cash equivalents and $580 million in debt.

Key Points: 
  • The company ended the quarter with $769 million in cash and cash equivalents and $580 million in debt.
  • Gross orders in the Americas were down 8%, including North America, which was down 6%.
  • In light of the announced transaction with Siemens Healthineers, Varian has cancelled its third quarter fiscal year 2020 earnings conference call previously scheduled for 4:30 PM ET on August 5, 2020.
  • Varian has not filed its Form 10-Q for the period ended July3, 2020.

COVID-19 Impact & Recovery Analysis- Data Center Power Market (2020-2024) | Increasing Adoption of Intelligent PDUs to Boost Growth | Technavio

Friday, July 17, 2020 - 12:30pm

Our data center power market report covers the following areas:

Key Points: 
  • Our data center power market report covers the following areas:
    This study identifies increasing investments in HPC systems as one of the prime reasons driving the data center power market growth during the next few years.
  • We provide a detailed analysis of around 25 vendors operating in the data center power market, including some of the vendors such as ABB Ltd., AEG Power Solutions BV, Cummins Inc., Eaton Corp Plc, Exide Technologies, Legrand SA, Schneider Electric, Siemens AG, TOSHIBA Corp., and Vertiv Group Corp.
  • Backed with competitive intelligence and benchmarking, our research reports on the Data Center Power Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Register for a free trial today and gain instant access to 17,000+ market research reports.

COVID-19 Impact & Recovery Analysis - Smart Railway Systems Market 2020-2024 | The Rising Adoption Of Advanced Technologies to Boost Growth | Technavio

Thursday, July 16, 2020 - 2:15pm

Our smart railway systems market report covers the following areas:

Key Points: 
  • Our smart railway systems market report covers the following areas:
    This study identifies the growing need for sustainable, clean, and high-speed transport as one of the prime reasons driving the smart railway systems market growth during the next few years.
  • We provide a detailed analysis of around 25 vendors operating in the smart railway systems market, including some of the vendors such as ABB Ltd., Alstom Holdings, Bombardier Inc., Cisco Systems Inc., General Electric Co., Hitachi Ltd., International Business Machines Corp., Nokia Corp., Robert Bosch GmbH, and Siemens AG.
  • Backed with competitive intelligence and benchmarking, our research reports on the smart railway systems market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Register for a free trial today and gain instant access to 17,000+ market research reports.

Programmable Logic Controller (PLC) Market 2020-2025 - Leading Players are Schneider Electric, Rockwell Automation, Siemens, Mitsubishi Electric and Omron - ResearchAndMarkets.com

Thursday, July 16, 2020 - 1:48pm

The study considers the present scenario of the PLC market and its market dynamics for the period 2019-2025.

Key Points: 
  • The study considers the present scenario of the PLC market and its market dynamics for the period 2019-2025.
  • It profiles and examines leading companies and other prominent ones operating in the market.
  • The global market is dominated by key players, including Siemens, Mitsubishi, Rockwell Automation, Schneider Electric, and Omron.
  • This develops a major challenge for smaller players as they have limited resources to invest in research and development.

J2 Innovations, a Siemens Company, forms a strategic partnership with Clivet SpA

Friday, July 3, 2020 - 5:00pm

The first FIN-based solution from this collaboration will be a highly-specialized Clivet Plant Room Controller.

Key Points: 
  • The first FIN-based solution from this collaboration will be a highly-specialized Clivet Plant Room Controller.
  • An open integration framework enables compatibility with both new and legacy Clivet systems as well as 3rd party plant room components such as boilers and energy meters.
  • Looking ahead, Domenico Canei, Control Systems and IoT R&D Manager Clivet SpA commented: "We're very much looking forward to the journey we're about to take alongside J2 Innovations.
  • J2 Innovations is a wholly-owned subsidiary of Siemens AG, operating as an independent legal entity.