Resources Industry Development Board

SLB Collaborates with Northern Lights JV and Microsoft to Digitalize Carbon Capture and Storage Value Chain

Retrieved on:

Monday, December 11, 2023

SLB (NYSE: SLB) and Northern Lights Joint Venture (NL) announced today they have signed a memorandum of understanding (MoU) with Microsoft to optimize integrated cloud-based workflows for the operation of Northern Lights, one of the first CO2 transport and storage providers for cross-border carbon capture and storage (CCS).

Key Points:

SLB (NYSE: SLB) and Northern Lights Joint Venture (NL) announced today they have signed a memorandum of understanding (MoU) with Microsoft to optimize integrated cloud-based workflows for the operation of Northern Lights, one of the first CO2 transport and storage providers for cross-border carbon capture and storage (CCS).
“Digital workflows are a key component to successfully managing CO2 through the end-to-end value chain, from capture point to permanent storage.
Northern Lights is very pleased to partner with industry leading tech companies, SLB and Microsoft, on the development of digital CCS solutions”, said Børre Jacobsen, Managing Director of Northern Lights.
“Microsoft is thrilled to partner closely with SLB and Northern Lights to drive tangible CO2 reductions at scale in 2024 and beyond.

DENSO Digs Deep to Win Supplier Excellence Award from Caterpillar Inc.

Retrieved on:

Thursday, November 16, 2023

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SOUTHFIELD, Mich., Nov. 16, 2023 /PRNewswire/ -- DENSO, a leading mobility supplier, has won a Supplier Excellence Award 2023 from Caterpillar Inc. (NYSE: CAT), establishing it among an exceptional supplier group that met or exceeded rigorous requirements and achieved world-class certification levels. Of Caterpillar's more than 6,600 direct suppliers worldwide, only 20 earned excellence status this year.

Key Points:

Of Caterpillar's more than 6,600 direct suppliers worldwide, only 20 earned excellence status this year.
Caterpillar procurement leadership presented the award at their Supplier Excellence Recognition event in Grapevine, Texas, on September 26.
With Caterpillar's global presence across multiple industries, this coveted award demonstrates DENSO's excellence in meeting customer commitments.
During the awards ceremony, Caterpillar also praised DENSO for the exceptional performance of and service provided for its engine control unit.

Context Labs Deploys its Platform on Microsoft Azure to Accelerate Road to Net-Zero Emissions

Retrieved on:

Thursday, October 26, 2023

CAMBRIDGE, Mass. and AMSTERDAM, Oct. 26, 2023 /PRNewswire-PRWeb/ -- Context Labs, a leading enterprise data fabric-based climate analytics company, in Cambridge, MA, and Amsterdam, today announced it is working with Microsoft to establish its Immutably™ (Enterprise Data Fabric), Decarbonization-as-a-Service™ (DaaS) and CLEAR Path™ platform solutions on Microsoft Azure. The Context Labs on Azure solutions will be marketed and sold globally in close collaboration between the companies, and their respective partner networks.

Key Points:

The Context Labs on Azure solutions will be marketed and sold globally in close collaboration between the companies, and their respective partner networks.
The Context Labs platform is now deployed on Azure, with its enhanced security and Azure OpenAI Service tooling, delivering customer value in the Energy Transition.
Context Labs' DaaS solution is now available in the Azure Marketplace, an online store providing applications and services for use on Azure.
Context Labs has enabled energy companies to accelerate their transition to Net Zero emissions through context-driven, quantifiable insights and analytics.

Caterpillar Appoints Chief Operating Officer

Retrieved on:

Monday, October 16, 2023

IRVING, Texas, Oct. 16, 2023 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) announced today that Joseph E. Creed, group president of Energy & Transportation, has been appointed to the newly created position of chief operating officer, effective Nov. 1, 2023.

Key Points:

IRVING, Texas, Oct. 16, 2023 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) announced today that Joseph E. Creed, group president of Energy & Transportation, has been appointed to the newly created position of chief operating officer, effective Nov. 1, 2023.
Creed's replacement as group president of Energy & Transportation will be named at a later date and will also report to the chief operating officer.
Andrew Bonfield, chief financial officer, Suzette Long, chief legal officer and, upon her retirement, her successor, Derek Owens and Cheryl Johnson, chief human resources officer will continue reporting to Umpleby.
Creed also served as interim chief financial officer for Caterpillar in 2018.

Worldwide Spending on the Internet of Things is Forecast to Surpass $1 Trillion in 2026, According to a New IDC Spending Guide

Retrieved on:

Tuesday, June 20, 2023

Worldwide spending on the Internet of Things (IoT) is forecast to be $805.7 billion in 2023, an increase of 10.6% over 2022, according to a new International Data Corporation ( IDC ) Worldwide Internet of Things Spending Guide .

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Worldwide spending on the Internet of Things (IoT) is forecast to be $805.7 billion in 2023, an increase of 10.6% over 2022, according to a new International Data Corporation ( IDC ) Worldwide Internet of Things Spending Guide .
State/Local Government and Telecommunications will deliver the fastest spending growth over the five-year forecast with CAGRs of 12.0% and 11.7% respectively.
China's IoT spending is forecast to surpass the United States by the end of the forecast due to its 13.2% CAGR.
The spending guide also includes an IoT connectivity forecast for cellular, Low-Power Wide Area Networks, and other connectivity (e.g.

EQS-News: EcoGraf Limited: EcoGraf Appoints Independent Non-Executive Director

Retrieved on:

Saturday, May 27, 2023

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Diversified battery anode materials company EcoGraf Limited (EcoGraf or the Company) (ASX: EGR; FSE:FMK; OTCQX: ECGFF) is pleased to announce that Keith F Jones has been appointed to the Board as an independent, non-executive director, effective from today.

Key Points:

Diversified battery anode materials company EcoGraf Limited (EcoGraf or the Company) (ASX: EGR; FSE:FMK; OTCQX: ECGFF) is pleased to announce that Keith F Jones has been appointed to the Board as an independent, non-executive director, effective from today.
Mr Jones is a former Chairman of Deloitte Australia and served on that board for 12 years.
He is founding Chairman of Coda Minerals which is currently developing the Elizabeth Creek Copper Cobalt Project in South Australia.
This announcement is authorised for release by Andrew Spinks, Managing Director.

Patrick Industries, Inc. Announces Departure of Chief Financial Officer; Appoints Interim CFO

Retrieved on:

Monday, April 17, 2023

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Mr. Petkovich, who has served as CFO of Patrick since November 2020, will remain in his current position until that time and provide support to ensure an orderly transition.

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Mr. Petkovich, who has served as CFO of Patrick since November 2020, will remain in his current position until that time and provide support to ensure an orderly transition.
"The Board of Directors and I want to thank Jake for his tremendous contributions to the Patrick family," said Andy Nemeth, Chief Executive Officer.
In alignment with the Company's executive succession plan, the Board of Directors has approved the appointment of Matthew Filer as Interim Chief Financial Officer, effective upon Mr. Petkovich's departure in May 2023.
The Company is initiating a formal search process, which includes the assessment of internal and external candidates, for the selection of its permanent Chief Financial Officer.

Caliber Appoints Seshasai Kandrakota as President, Business & Customer Success

Retrieved on:

Monday, April 3, 2023

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Seshasai Kandrakota joins Caliber as President, Global Business and Customer Success at Caliber starting April 2023.

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Seshasai Kandrakota joins Caliber as President, Global Business and Customer Success at Caliber starting April 2023.
With nearly three decades of industry experience, Seshasai brings a wealth of knowledge and expertise to Caliber.
"Seshasai's business acumen and contribution in IT-led business transformations will serve Caliber well as we harness the potential of seasoned leaders for a bigger impact," says Sekhar Surabhi, CEO Caliber.
Seshasai says, "I am stepping in with the motto of enhancing business value to the clientele we serve, elevate the customer experience, and expand the global footprint of Caliber.

D-Fend Solutions and Resource Industries Announce Partnership to Deliver C-UAS Security Solutions in the UAE

Retrieved on:

Tuesday, February 21, 2023

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RA'ANANA, Israel and ABU DHABI, UAE, Feb. 21, 2023 /PRNewswire/ -- D-Fend Solutions, the leader in radio frequency (RF), cyber-based, counter-drone takeover technology and Resource Industries, a company engaged in production, development, research and logistics of military vehicles and equipment, have announced that they will cooperate to provide United Arab Emirates' security agencies with advanced C-UAS technology.

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This partnership will fulfill the urgent need for tiered methods of safe drone mitigation in the UAE, as well as give more versatile options to security services aimed at protecting the area's sensitive environments from rogue drones, while avoiding operational disruption and collateral damage.
Both organizations will work in tandem to analyze end-user needs and deliver C-UAS solutions for all possible scenarios and sectors.
"We are honored to partner with Resource Industries in this mission-critical task," said Zohar Halachmi, Chairman and CEO of D-Fend Solutions.
"D-Fend Solutions Counter-UAS technology is a best in class, proven, tested and trusted product.

Caterpillar Names New Chief Sustainability Officer

Retrieved on:

Tuesday, December 20, 2022

Balmer-Millar succeeds Julie Lagacy, who was Caterpillar's first Chief Sustainability & Strategy officer and is retiring February 1, 2023, after nearly 35 years of dedicated service.

Key Points:

Balmer-Millar succeeds Julie Lagacy, who was Caterpillar's first Chief Sustainability & Strategy officer and is retiring February 1, 2023, after nearly 35 years of dedicated service.
In her capacity as Chief Sustainability Officer, Balmer-Millar will report directly to Chairman and CEO Jim Umpleby.
"Sustainability is an important focus area of our long-term strategy for profitable growth," said Caterpillar Chairman and CEO Jim Umpleby.
Balmer-Millar has held several technical and business leadership positions of increased scope and responsibility over her 20-year career with Caterpillar.