Israel’s venture capital firm Magenta Venture Partners has announced a new $100 million fund for early-stage Israeli startups focused variously on autonomous vehicles, Industry 4.0, smart cities, and fin-tech, and on artificial intelligence and enterprise software.
The new fund had its initial closing in October...
“The kaleidoscope has been shaken, the pieces are in flux.” It is a phrase written for a different time, and another sphere – a generation ago, which seems like a lifetime, to mark a political transformation, which now seems so slight
Because the future is...
German industrial giant Siemens has been contracted to increase productivity and reduce downtime at a coal mine in China by connecting, analysing and optimising the performance of four mine hoist systems.
Siemens has won the deal from the YanZhou Coal Mine Company. It will collect...
Siemens has bundled a number of edge devices running artificial intelligence (AI) applications into its digital enterprise portfolio, and bolstered its partner activity and support around its MindSphere platform alongside.
Siemens has booked out an entire hall at the SPS IPC Drives 2018 event in...
Industry 4.0 enablement prompts NXP investment
NXP Semiconductors has opened an Industry 4.0 development centre in Hamburg, in Germany, to support global manufacturing customers in pursuit of bespoke industrial IoT (IIoT) solutions.
The new Industrial Competency Centre (ICC) will help manufacturers with machine learning, industrial communications,...
Nokia has grouped its industrial IoT solutions into a new architectural framework and enterprise division, called ‘Future X for industries’. The strategy is designed to drive faster digital transformation of asset-intensive market sectors, and Nokia business within them.
The announcement comes as the Finnish outfit...
Greater Manchester in the UK has issued a progress report on its developing industrial strategy to harness technological innovation, in tandem with private enterprise and academic research, to deliver on stretching targets for energy, industry, and healthcare.
It said it will build on its various...
There is massive disruption in the telecoms space, driven in the main part by the shift from proprietary hardware to commoditised hardware, and by the virtualisation of network functions in software.
We are seeing this in the core network, the radio network, and at the...
“The kaleidoscope has been shaken; the pieces are in flux.” It is a phrase written for the political age, almost two decades ago. But as an analogy for ground-shaking change, it suits the mad-paced technology market’s face-off with industry particularly well.
For the technology market...
“5G will do the boring stuff first”. The low-latency pyrotechnics that will fire the industrial sector into a new gear for the first time will come much later. The version of 5G that radio engineers are preparing and network marketers are promoting is only...
The most advanced factories in the world are in Europe and Asia, according to a new review of smart manufacturing by the World Economic Forum. Just one of the top factories is in the US.
However, German and the US companies, often working outside their...
German manufacturing giant Siemens has issued a rallying cry to small-and-medium sized enterprises (SMEs) to urgently embrace cultural and technological change, and grasp the opportunity of digital transformation.
Specifically, Siemens addressed small-and-medium sized manufacturing businesses in Germany, as “the backbone of the Germany economy”, at...
The telecoms industry must get a handle on machine learning if it is to make advanced LTE and 5G communications feasible in industrial settings. This was the conclusion of a presentation by Cambridge Consultants at URLLC 2018 in London last week, an event focused...
How smart is your factory? Industry 4.0 and the digital transformation process will revolutionize the future of manufacturing. By making decisions based on the meaningful use of real-time data collection from various machines, the manufacturing process can be more efficient, suffer less downtime and...
Nokia's new €500 million loan from the European Investment Bank for 5G research and developnent will boost the region's drive for industrial and economic transformation, as US and Asian markets push ahead.
Nokia told Enterprise IoT Insights 5G will shift the European economy up a...
Momentum is building, fast, for smart manufacturing. Here, Enterprise IoT Insights presents five more use cases from leading industrial IoT (IIoT) solutions providers. Also, check out the major new report on the state of smart manufacturing from Enterprise IoT Insights.
1 | DYNAMIC SCHEDULING |...
Seoul-based electronics giants LG Electronics is to showcase a “human-centric” wearable robot next week at IFA 2018 in Berlin. The wearable robot will connect into a “smart working network”, said LG, to deliver information and tools required for manufacturing, logistics and distribution.
LG took a...
United Technologies has bought Atlanta-based predictive analytics software company Predikto for an undisclosed fee. Predikto’s software will be deployed across its business units to drive efficiencies in its manufacturing operations and dynamism in its product design.
United Technologies, based in Farmington, in Connecticut, owns jet-engine...
Artificial intelligence (AI) is a key asset in the continuing effort to derive greater value from business processes and business models in general.
While much of the attention AI has garnered has centered on digital services and applications, the technology is also driving significant enhancements...
Semiconductor makers are among the best in the business when it comes to employing automation, data analytics, and artificial intelligence (AI) to their factory processes. Intel is a leader in smart manufacturing, even among its peers.
In a detailed use case, it discusses its use...
Momentum is building, fast, for smart manufacturing. Here, Enterprise IoT Insights presents five use cases from five leading industrial IoT (IIoT) solutions providers. Also, look out for the report and webinar on smart manufacturing, published on August 22.
1 | ASSET MANAGEMENT | TELIT |...
US manufacturers have been slow to adopt digital manufacturing processes, and embrace digital transformation. This is the conclusion of a new report by the Information Technology and Innovation Foundation (ITIF), a think tank for science and technology policy.
“For all smart manufacturing’s promise, most U.S....
Research house Strategy Analytics has produced a report, in conjunction with low-power wide-area (LPWA) network provider Actility, that considers the opportunities and the challenges of internet-of-things (IoT) technologies in smart manufacturing, and the broad industrial sector.
The benefits of digital technologies, including advanced data analytics...
The Lean Six Sigma doctrine proposes a set of data-oriented management techniques to eliminate defects and raise quality in process-driven environments. It has become standard in manufacturing. In essence, it describes a process to solve a problem, comprising five basic phases of resolution: to...
