This week on Industrial: Manufacturers invest big on affordable and flexible technology as factory automation gains precedence

Latest Industry Insights from Draup Braindesk

Predictive Analytics is utilized for accurate & consistent data, defined data strategy, and predictive maintenance. 

  • TRUMPF launched Monitoring TruPrint using TRUMPF’s intelligent monitoring solutions to monitor and analyze the LMF process of the TruPrintmachines with ease. 

  • Honeywell developed Honeywell Forge asset tracking and predictive analytics system to drive improved asset and machinery management in industrial operations. 

  • Benteler Big Data-enabled predictive maintenance will enable machines to detect impending malfunctions early and initiate measures to prevent breakdowns. 

Industrial companies are leveraging AR/VR, cloud, IoT, and robotics-based solutions to automate manufacturing processes, train employees virtually, and reduce unplanned downtime. 

  • Accenture acquired Electro 80 to strengthen its local digital OT capabilities, helping asset-intensive companies improve the safety and productivity of manufacturing and production operations. 

  • HCL teamed up with PTC and HPE to develop its Real-Time Manufacturing Insights (RMI) solution. HCL can now deliver a streamlined, pre-bundled, ready-to-deploy configuration for the most demanding manufacturing environments through this partnership. 

  • Infosys implemented a global warranty solution on SAP S/4 HANA across all Johnson Controls ducted products, enabling Johnson Controls to simplify factory warranty processes, enhance visibility into assets, and become more responsive to customers. 

Japan became a manufacturing hub for factory automation products, making factory automation more affordable in the Asia-Pacific region. 

  • The Hitachi India Pvt Ltd’s Research & Development (HIL R&D) center developed an automated construction surveillance system that tracks construction workers’ safety enforcement in real-time to minimize disruption in the execution of contracts. 

  • ABB and Dassault Systems invested USD 150 Mn to develop collaborative robots at ABB’s manufacturing plant in Shanghai. 

  • Mitsubishi is developing control technology for in-building mobility and facilities, visualization technology to determine the source of a problem in manufacturing equipment, and Path planning and vehicle control technologies for self-driving vehicles. 

Latest Reports Published in Draup

Assa Abloy Account Intelligence Report: Assa Abloy is increasing efforts to reduce emissions and address this by developing locks, doors, and door opening solutions that improve factory efficiency. Their RFID readers and other tech, mobile device peripherals identify and track products and assets. Read More>>
Alstom Account Intelligence Report: Alstom leverages cloud technology to develop a new cloud platform for product lifecycle management, optimizing the company’s engineering, manufacturing, and maintenance process. It acquired Flertex to design and manufacture brake linings for braking systems. Read More>>

Key Funding Alert

AI startup Blaize raises USD 71 Mn in

Blaize is looking to accelerate the product roadmap and scale the business with this funding. It has demonstrated the capability to enable value creation for organizations, tapping the power of AI for edge computing, creating a new wave of industrial systems. Read More>>

Startup Spotlight

Company – FORT Robotics
HQ Location – Greater Philadelphia Area, USA
Total Funding – USD 13 Mn
About: FORT Robotics makes wireless safety systems for dangerous machines. It is building a first-of-its-kind safety and security platform for smart machines. It is accelerating development, reducing risk, and building trust in autonomous systems to unlock the full potential of automation. 
Read more>>

Key Insights and Signals in Industrial

Mergers and Acquisitions
Carrier Global to sell Chubb Fire And Security Business to APi Group 
The deal is worth USD 3.1 Bn. The sale will enable Carrier Global to focus on its core businesses and re-allocate net proceeds consistent with its stated capital allocation priorities, including funding organic and inorganic growth, dividends, and share repurchases. Read More>>
ABB to buy Spanish autonomous robotics group 
ASTI Mobile Robotics Group (ASTI)is a global leader in autonomous mobile robot (AMR) technology. The Burgos site will become the center for ABB AMR development, combining the technologies with ABBs portfolio of robots, machine automation, modular solutions and software suite including RobotStudio, ABB Robotics simulation and programming tool. Read More>>
Novanta acquires ATI Industrial Automation and its surgical robotics tech 
Novanta plans to acquire the OEM surgical robotics supplier for USD 172 Mn upfront in cash and additional contingent cash payments associated with company financial performance in 2021. 
Read More>>
Hexagon expands AR capabilities with Immersal acquisition 
Hexagon AB has acquired Immersal Oy, an innovator of spatial mapping and visual positioning solutions for producing augmented reality (AR) applications. An immersive experience can help boost task efficiency, improve safety protocols, optimize workflows and increase collaboration. Read More>>
KT-Hanwha Machinery strengthens digital transformation cooperation in smart factory 
Through cooperation with Hanwha, KT plans to secure leadership in a 5G-based Smart Factory and continue to strengthen the competitiveness of the DX business in the manufacturing field. In addition, they will promote cooperation in DX business in the field of large-scale projects. Read More>>
ASM Global allies with Honeywell to create smarter and safer venues 
ASM Global will work with Honeywell to establish new standards related to indoor air quality, safety, and regulatory compliance for its VenueShield LIVE proprietary program for venue reopenings and operations. Read More>>
Intrado and ADT partner to enhance emergency response  
ADT leverages the Intrado platform to deliver human-verified data to 911 centers quickly. ADT can send important event information with additional data for delivery to the appropriate 911 center for homes and businesses monitored by ADT when an alarm is triggered. Read More>>
Endress+Hauser, Hahn-Schickard form JV 
It aims to enable rapid, on-site molecular analyses to detect bacterial or viral contamination in water and beverages, genetic modifications in food, or contaminated milk. The start-up will expand Endress+Hausers activities in Freiburg, where developers are already working on new sensor technologies, biosensors, and Industry 4.0 solutions. Read More>>
Rockwell and Kezzler join forces to enhance supply chain visibility 
Rockwell and Kezzler’s asset-monitoring platform will help manufacturers track the course of their products from conception to sale and beyond. Rockwell will link its supply chain infrastructure with Kezzler’s tracking technology. Additionally, Kezzlers cloud-based solutions will offer seamless integration and access to legacy record-keeping systems, including immutable ledgers and traditional databases. Read More>>
Executive Movement 
Masonite International Corporation appoints Barry A. Ruffalo to the board of directors 
Mr. Ruffalo has served as President and CEO of Astec Industries, Inc., a manufacturer of specialized equipment for asphalt road building, aggregate processing, and concrete production. Read More>>
Alstom appoints head of its Americas region 
Alstom appointed Michael Keroulle as the President of its Americas region, including North America and Latin America. Keroulle will execute the Alstom in Motion strategy and the region’s commercial and operational performance, and the continued regional integration of Bombardier Transportation. Read More>>
Ann Fandozzi joins Trimble’s board 
Trimble appointed Ann Fandozzi to its board. Fandozzi is CEO of Ritchie Bros. Auctioneers Incorporated, a leader in the online sale of industrial equipment. Before joining Ritchie, Fandozzi was CEO at vRide and ABRA Auto Body & Glass. Read More>>
Deals and Deal renewals 
Doosan Heavy ties up with public power supplier to develop hydrogen gas turbine and burner 
The partnership underlines South Korea’s efforts to achieve the early development and commercialization of a commercially viable gas turbine powered by hydrogen. South Korea has presented a goal to commercialize a 300MW homemade hydrogen gas turbine by 2040. Doosan Heavy will secure technologies to mass-produce parts for hydrogen gas turbines. Read More>>
Center setup and Expansion
Brooks Instrument opens new manufacturing, service, and applications support center in Korea 
The new location expands Brooks Instrument’s production, service, and applications engineering capabilities, providing enhanced support to key customers in the region. Read More>>
Geek+ opens a global research and development center at Hong Kong Science Park 
The center represents the company’s dedication to developing artificial intelligence and robotics (AIR) technologies for the international logistics market and Hong Kong’s vibrant industry. Read More>>
ThyssenKrupp creates a global engineering center for mining in Brazil 
Around 80% of iron ore production in Brazil is covered by the German company’s equipment and technologies. So, the company decided to establish a center with a team of 100 highly technically qualified professionals. Read More>>
Rack Centre expands its West Africa’s carrier-neutral tier-III data center, doubling the capacity at the Lagos campus 
Rack Centre, the leading carrier-neutral data center colocation provider in West Africa, completed doubling its IT load capacity to 1.5 MW at its Lagos campus. It further serves cloud providers, content providers, and enterprise customers with additional 600 square meters of data center white space. Read More>>
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