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Schneider Electric partners with AVEVA to deliver Industry 4.0 transformation solutions

Key Insights and Signals in Industrial

Center setup and Expansion  
Toshiba opens a high-voltage laboratory in Germany 
The lab will support European customers, particularly for silicon carbide and gallium nitride technologies used in, for example, power factor correction, inverters, and electric vehicle charging. Read More>>
Deal
ThyssenKrupp Marine Systems to build three new submarines for Israel 
ThyssenKrupp Marine Systems have cooperated with the Israeli Ministry of Defence and the Israeli Navy for years. The new submarine class will provide Israel with the most advanced capabilities based on innovative and cutting-edge technology. Read More>>
Schneider Electric eyes Industry 4.0 transformation with Aveva deal 
The new distribution deal between the two companies covers Australia and New Zealand, giving Schneider access to the complete portfolio of Aveva’s industrial software solutions. UK-based industrial software vendor Aveva has chosen energy and automation solutions provider Schneider Electric as its first ‘Aveva Select’ distributor in the Pacific region. Read More>>
Landis+Gyr and the city of Longmont agree to advance metering contract 
Landis+Gyr agreed with Longmont, Colorado, to support the city’s grid modernization and energy efficiency initiatives with leading-edge advanced metering technology that delivers enhanced efficiency, reliability, and customer engagement. Read More>>
Sulzer’s bioplastics production technology selected by NatureWorks 
The fully integrated plant will utilize Sulzer Chemtech’s advanced lactide purification and polymer production technology to produce 75 000 tpy of Ingeo PLA, which is used in applications such as compostable food packaging. Read More>>
Partnerships 
Ford and ADT create a joint venture to combine vehicle security with artificial intelligence 
Ford Motor’s announced a joint venture with the security services provider ADT called Canopy that combines ADT’s professional security monitoring and Ford’s AI-driven video camera technology to help customers strengthen the security of new and existing vehicles across automotive brands. Read More>>
ReNew to set up JV with Fluence for energy storage solutions in India 
ReNew has a head-start in India’s stationary energy storage space through its intelligent energy solution portfolio consisting of the 300 MW peak power project and a 400 MW round-the-clock power project. Read More>>
ADLINK and AU Optronics partner up using edge visualization to perfect smart application services 
A wave of smart digitization has taken global industries by storm, as companies in the vehicle, retail, manufacturing, and medical sectors have implemented all types of equipment to meet demands in their respective fields. However, specifications of displays used in existing terminal sectors may not match backend computing equipment. Read More>>
Acuity Brands (AYI) partners with Microsoft to boost technology 
With the collaboration of Microsoft’s Cloud for Sustainability and Microsoft Azure IoT with Acuity Brands’ customer solutions, AYI will allow end customers to reduce carbon emissions while saving money. Also, this will help to forecast and calculate the environmental and financial impacts that these new lighting and building management technologies deliver. Read More>>
Geek+ and Körber digitalize the Ariat supply chain with smart robotics 
With the integration of Geek+ picking and moving robots into Ariat’s supply chain, the solutions improve operational flexibility and order picking efficiency while reducing labor intensity in its distribution center. Read More>>
Mergers and Acquisition
Eaton’s USD 600 Mn acquisition of royal power solutions 
The company acquired the US-based manufacturer of high-precision electrical connectivity components from Industrial Growth Partners. Industrial Growth Partners V, L.P. acquired RPS in 2017. Read More>>
Executive Movement
DXP Enterprises appoints new COO, marketing & tech leaders 
Nick Little and Paz Maestas were appointed the new chief operating officer and chief marketing & technology officer of DXP. Nick Little is responsible for providing company-wide leadership, team management, and strategic vision to employees. Read More>>
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Latest Industry Insights from Draup Braindesk

Vanderlande Account:

  • Vanderlande provides solutions to aviation, manufacturing, and supply chain across the globe. It focuses on automation and connectivity in airports, warehouses, and retail operations to offer users a new digital experience. 
  • With the focus on advanced airport solutions, Vanderlande invested in the PAX Compact, PAX Divest Assistant, PAX MX2, UV-C Tray Disinfection solution, and individual carrier system for airport security checkpoints. Those capability increases airports’ flexibility while providing staff with a safer and more pleasant working environment. 
  • By leveraging its innovative warehousing technologies, Vanderlande helps users in a real-life environment, anytime and anywhere. It introduced HOME PICK and an augmented reality app for fast and efficient online grocery fulfillment.


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Key Funding Alert

Allegion Ventures launches USD 100 Mn fund II 
Allegion Ventures, a corporate venture arm of Allegion plc, launched a second fund to accelerate technology and software investments in IoT and data security, building analytics, construction lifecycle management, and property management. Read more>>

Startup Spotlight

Company – Third Wave Automation
Total Funding  USD 55 Mn
About: Third Wave Automation provides cloud robotics and machine learning technology to material handling automation. It develops an autonomous forklift technology intended for supply chain and logistics industries. Read more>>

Latest Reports Published in Draup

ABB Account Intelligence Report: ABB focuses on providing power technology, additive manufacturing, mobile robots, and 5G enhancements to enhance CX. It also enhances electric and car chargers, smart factory solutions, and a cobot portfolio. Read More>>
Zebra Account Intelligence Report: Zebra focuses on improving its enterprise asset management and intelligent portfolio by adopting robotics, automation solutions, tracking devices, and mobile computers that work with specialized software and connectivity features.  
Read More>>
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