Rockwell selects ZEDEDA to accelerate Edge Computing capabilities for manufacturers of all sizes

Key Insights and Signals in Industrial

Center setup and Expansion
Grundfos opened global headquarters for Grundfos’ Americas Corporation 
The new building is a one-of-a-kind, sustainable building that serves as a central meeting place for the global Grundfos team, customers, partners, and business leaders from around the world who are exploring ways to improve their sustainability efforts. Read More>>
ASMPT CEO Robin Ng opens the industry’s first joint customer advocacy center for Semiconductor and Electronics Manufacturing in Vietnam 
The company has opened its new Hanoi office. This is the industry’s first customer advocacy center in Vietnam that provides complete customer support for both SEMI and SMT sales, service, applications, and training facilities. Read More>>
Siemens sets up a state-of-the-art production facility for bogies in Aurangabad 
Siemens set up a state-of-the-art factory in Aurangabad to address the increasing demand in India and worldwide. The Aurangabad factory will address the increasing demand for bogies in India and globally. The factory has a highly flexible production line that meets domestic and global rolling stock requirements. Read More>>
Rockwell Automation selected ZEDEDA as a key technology supplier 
Rockwell Automation will incorporate technology from ZEDEDA as part of its upcoming edge management offering, which allows users to manage edge devices, orchestrate applications, and improve access to manufacturing data. Read More>>
Zim selects ORBCOMM’s industry-leading platform to manage its fleet of refrigerated containers 
Zim selected ORBCOMM’s industry-leading fleet management platform, ReeferConnect, to remotely monitor their refrigerated containers. ZIM can leverage the unique interoperability of ReeferConnect to access data from multiple types of OEM and third-party telematics devices through a comprehensive, integrated platform. Read More>>
Doosan Vina to supply substructures for wind turbines to Denmark’s Osted 
Doosan Vina and Osted signed an MoU during the Denmark-Vietnam Sustainable Energy Summit held in Hanoi, Vietnam. Doosan Vina will supply monopile foundations and steel tubes driven into the seabed to hold up offshore wind turbines for Osteds projects in Southeast Asia, Asia Pacific, and Europe. Read More>>
Trimble to collaborate on autonomous surveying solution 
Trimble will collaborate with Exyn Technologies – a company specializing in multi-platform robotic autonomy for GPS-denied environments – to explore autonomous surveying technology. The solution will integrate the Boston Dynamics Spot robot, the ExynPak powered by ExynA, and the Trimble X7 total station. Read More>>
Executive movements
TK Elevator appoints CEO of Americas  
Jeremy L. Rainwater has been appointed CEO of Americas for TK Elevator. In his new role, rainwater will be responsible for North and South America business operations. Rainwater began his elevator career at Schindler Elevator Corporation, working in various roles, including account, branch and district manager, vice-president, area general manager, etc. Read More>>
Aristocrat Leisure appoints Sally Denby as Chief Financial Officer 
Aristocrat announced that Ms. Sally Denby had been appointed Chief Financial Officer of the company, effective immediately and subject to the receipt of necessary regulatory pre-approvals. Ms. Denby was promoted to Aristocrat Deputy Chief Financial Officer in February 2022 after serving seven years in senior finance leadership roles in the company. Read More>>
Uponor Corporation appoints Torsten Meier as Chief Innovation Officer 
Torsten will be based in Germany and report to Thomas Fuhr, Chief Technology Officer, Uponor Corporation. Torsten joins Uponor from Lixil Group, where he has held various leadership roles also at its Grohe AG subsidiary since 2013. With a commitment to sustainability and a passion for innovation, Uponor is developing new technologies and systems that enrich people’s lives. Read More>>
Financial and market activity
Blue Star Foods reports growth of 28% to USD 10.7 Mn in revenue for the Nine Months Ended September 30, 2022 
Revenue for the three months ended September 30, 2022, decreased by USD 1.3 Mn, or 35%, to USD 2.4 Mn compared to USD 3.7 Mn for the three months ended September 30, 2021. Gross loss for the three months ended September 30, 2022, was USD 1.5 Mn compared to gross profit of USD 0.7 Mn in the three months ended September 30, 2021. Read More>>
Godrej Industries announces Q2 results, posts profit rise of 9% YoY to INR 156 Cr (USD 19.12 Mn), revenue jumps 23% 
Godrej reported that its consolidated net profit grew 9% in the September quarter of FY23 against INR 144 Cr (USD 17.6 Mn) in the same quarter of FY22. Its revenue from operations increased 22.59% to INR 4,021 Cr (USD 493 Mn) in Q2FY23 from INR 3,280 Cr (USD 402 Mn) in Q2FY22. Read More>>
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Latest Industry Insights from Draup Braindesk

  1. Hilti focuses on providing innovative equipment and products that transform construction industries digitally. 
  2. By leveraging Jaibot robots, Hilti ensures the operator’s safety and provides overhead drilling solutions with improved operational efficiency. 
  3. Hilti leverages cloud-based software solutions to drive contractors’ productivity and improve onsite capability. 
  4. Hilti integrates software suites that simplify design flow provides users to import and export anchor designs to ensure accuracy and maximize productivity. 
  5. Schaan, Liechtenstein, serves as the critical location for Hilti, focusing on Legacy Modernization and Application Development & Maintenance related engagements. 
  6. Global Logic is Hilti’s major outsourcing partner and mainly works on Product Engineering Services, and Consulting & System Integration related engagements. 

Funding Alert

Cemex TCL expands in Jamaica
Cemex TCL will spend USD 40 Mn to increase its cement capacity by up to 30%. They will procure equipment needed for this initial phase of the project that will expand their capacity and optimize their heat consumption in the manufacturing process. Read more>>

Startup Spotlight

Company – Blickfeld
Total Funding  USD 55.99 Mn
About: Blickfeld produces LiDAR sensors and detection software for autonomous mobility and IoT applications designed to measure direct distance information in 3D. It is based on patented silicon MEMS mirrors and commercial off-the-shelf components. Read more>>

Latest Reports Published in Draup

Lincoln Electric – Account Intelligence Report 
Lincoln Electric partnered with Stress Engineering Services to strengthen the world of metal additive manufacturing. Automation Solutions are one of the recommended areas. Its commitment to providing the most innovative welding and cutting solutions has guided the company. Read More>>
Illinois Tool Works Account Intelligence Report 
Illinois Tool Works focuses on a next-gen wear assistance compound and protect equipment in elevated temperature wet and dry environments. AI, Beacons, and the IoT enable the digitization of supply chains and manufacturing. Read More>>
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