News

AI for industry: Schaeffler and Siemens bring Industrial Copilot to shopfloor

16-Nov-2023

Siemens and Schaeffler integrate generative AI-powered assistant in a production machine – world premiere at SPS trade show. Industrial Copilot will optimize engineering and support operations – and it’s easy, fast and efficient. Industrial Copilot is key to addressing the qualified workforce shortage.

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Samsung C&T and ABB enter agreement to expand smart building capabilities

16-Nov-2023

Samsung C&T’s property management system to integrate with ABB home automation, to extend smart connectivity from whole properties down to individual units. New collaboration will empower multi-dwelling residents to benefit from a single user interface across all Samsung C&T and ABB smart home technologies. Partnership will explore joint innovation opportunities for commercial and residential property managers, particularly in automation, energy management and service systems.

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Siemens and ServiceNow enable cloud-based management of OT assets

14-Nov-2023

Technology company Siemens and ServiceNow, a leading company specializing in digital workflows, are showcasing their partnership at SPS 2023 in Nuremberg, Germany. The partnership enables transparency in industrial asset management. A Software-as-a-Service (SaaS) solution for easy recognition, identification, and management of OT devices.

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ABB publishes new report examining primary steel decarbonization pathways and spotlights global innovation

14-Nov-2023

Carbon capture, hydrogen and electrochemistry evaluated as routes to a fossil-free steel future. ABB fossil-free steel report spotlights new approaches and technologies in Brazil, China, India, Sweden and the US. ABB report explores the question: What does the journey to fossil-free steel look like?

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Siemens to Invest More Than US$500 Million in U.S. Manufacturing for Critical Infrastructure in 2023

07-Nov-2023

Siemens announced an investment of US$150 million in a new high-tech manufacturing plant in Dallas-Fort Worth to help power American data centers and critical infrastructure. This plant will produce state-of-the-art reliable and efficient electrical equipment. It will enable accelerated growth of U.S. data centers, which is being driven by the exponential adoption of generative AI. It will also ensure secure operation of critical infrastructure. This investment specifically supports long-term customers in the data center space, where demand is expected to grow by around ten percent annually through 2030. 

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Asia making “significant strides” in automation – but the rise of the robots is not welcomed by everyone

06-Nov-2023

Many organisations in Asia are looking at digital strategies that incorporate automation into their daily operations. And many of their employees already experience some level of automation in their work. While some jobs will disappear, entirely new roles that don’t exist yet could be created.

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SEMI Launches Industry 4.0 Readiness Assessment Model

03-Nov-2023

SEMI today announced availability of the new Industry 4.0 Readiness Assessment Model (IRAM) to help organizations across the semiconductor supply chain assess and track their smart manufacturing technology deployment progress and develop a roadmap for their digital transformations. Created through a collaboration of the SEMI Smart Manufacturing Initiative and industry experts, IRAM aids companies in identifying technology enhancements critical to scaling and sustaining their Industry 4.0 transformation to improve chipmaking efficiency, productivity, and quality.

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TECO 2030 and Yokogawa Sealed Deal for Hydrogen Fuel Cell Industrial Use

03-Nov-2023

TECO 2030 ASA and Yokogawa Electric Corporation announced that they have signed a strategic partnership and investment agreement regarding the development of technology for utilizing hydrogen fuel cells in industrial applications. Under this agreement, Yokogawa Electric has invested in TECO 2030 by way of acquiring treasury shares, and the two companies will collaborate on optimizing hydrogen fuel cell technology and exploring business opportunities for distributed power sources in the maritime transportation and other industrial sectors.

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Smart Building Awareness and Sustainability Drive Building Automation System Market to Grow 7.4% CAGR by 2033

02-Nov-2023

Building automation systems (BAS) are gaining popularity due to their ability to save energy, improve comfort and convenience, and enhance security. Technological advancements such as AI, cloud services, and machine learning make BAS more efficient and cost-effective, driving growth in the BAS market.

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Ricoh and Siemens collaborate to realize the industrial aluminum Binder Jetting process for mass production

01-Nov-2023

Ricoh and Siemens start collaboration to develop the solution for aluminum Binder Jetting Technology for mass production. As the first step of the collaboration, Ricoh has implemented Siemens’ Additive Manufacturing Network to build a full digital process to optimize its internal process and machine management for aluminum binder jetting technology – from print job preparation, through manufacture, to delivery of components. Ricoh also aims to leverage the Additive Manufacturing Network capabilities to digitally transform its process service provision to a wide spectrum of industrial additive manufacturing focused customers.

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