It probably would have been a good merger or takeover, but it didn’t happen.
Emerson Electric’s initial $27 billion bid to buy Rockwell Automation was rejected by the latter company’s board, as was the former’s subsequent, raised bid of $29 billion.
Some business analysts said combining strengths would be a good move for both companies, but Rockwell seems to have plans of its own which do not include a takeover or merger. Continue reading Emerson withdraws bid to buy Rockwell
General Electric’s recent decision to reduce its employee numbers by 12,000 globally indicate how important it thinks the trend of electric power will become, or perhaps has already become.
The significant job losses will come from the GE Power division. GE says the decision is part of its overall restructuring.
The company acknowledges that the growth in renewables is part of the reason for the cost-cutting measures. Continue reading General Electric to shed 12,000 jobs as electric future opens up
Nidec Industrial Solutions claims it is on course to become number one in its market segment of industrial motors and drive systems, ahead of companies such as Siemens and General Electric.
In a statement, Nidec says: “As competitors like GE and Siemens announce major cuts and reorganizations of their industrial assets Nidec continues to invest in growth.”
The company further underlines its confidence with the comment: “The road to the top is never easy and if you are a relative newcomer to the industrial sector you have to contend with the force and reputation of some very strong, well-consolidated brands. Continue reading Nidec says it’s on target to become ‘number one’ in industrial motors and drive systems
Emerson, a global technology and engineering company, has launched automation technology for utilities and independent power producers that rely more and more on diverse renewable energy sources and that serve the fast-growing microgrid market.
Its new, modular Ovation OCC100 controller extends Emerson’s Ovation control technology by managing the flow of energy from various sources to ensure continuous, reliable generation for these emerging industries.
This small footprint, scalable technology is also well-suited to critical water and wastewater applications. Continue reading Emerson launches ‘scalable automation technology’ for renewable power and microgrid markets
Companies say the new partnership will provide “actionable insights across industrial plants, cloud and on-premises data centers for higher productivity and innovation”
ABB and Hewlett Packard Enterprise have agreed a strategic global partnership that combines ABB’s digital offerings, through ABB Ability, with HPE’s hybrid information technology solutions.
The companies say the partnership will provide customers with solutions that “generate actionable insights from vast amounts of industrial data” to increase the efficiency and flexibility of their operations and create competitive advantage.
The companies say they will combined ABB’s “deep domain expertise” in operations technologies and HPE’s expertise in information technology to provide an integrated OT-IT solution to customers. Continue reading ABB partners with Hewlett Packard Enterprise to bring IoT intelligence to industrial plants
According to its owners, “experience, tradition and passion” are the values which ensure the five-star quality at the five-brother company Bühler Bedachungen und Bauspenglerei from Romanshorn in Switzerland, a business specializing in roofing and architectural sheet metal.
Quality is the top priority for the family business – particularly when it comes to selecting its partners and suppliers.
Among these is the Swiss company Jorns, which supplied the new double bending machine, model TP-150G-RH-UV-SL-1250-CP200-6.4-mp, including safety concept for the architectural sheet metal area as well as the manufacturer for optical sensors, which ensures the corresponding safety at work for man and machine, Leuze electronic. Continue reading ‘Experience, tradition and passion’ forges business partnerships for Buhler
Baumüller has developed a compact drive system with a very high level of energy efficiency for a fully electric municipal vehicle.
The vehicle is designed in series production for a speed of up to 80 km/h and has a range of 100 kilometers.
An emission-free, environmentally-friendly and low-noise multifunctional municipal vehicle has been created in conjunction with other companies. Continue reading Baumüller demonstrates compact drive system for an ‘electric, multifunctional municipal vehicle’
In a study of 45 cities, firms in Bangalore, San Francisco and Mumbai display the greatest degree of confidence in their city’s digital transformation environment
Business leaders in 45 cities around the world are “relatively confident” that they can find the support they need for their digital transformation efforts in the surrounding environment, according to a new study by the Economist Intelligence Unit.
Many city environments come up short, however, particularly in the supply of digital talent for firms and city governments’ sharing of public data.
In Connecting Commerce: Business Confidence in the Digital Environment, commissioned by Telstra, a telecommunications and technology company, business confidence in the local environment is particularly high in emerging market cities, which account for seven of the 10 highest readings in the Digital Cities Barometer (see graphs below), which forms part of the report. Continue reading Bangalore businesses are ‘the most bullish in the world’ about their local digital ecosystem, says Economist Intelligence Unit
The “massive potential” of the internet of things will help Vietnam in its goal of becoming an industrial country by 2020, say industry organisations and leaders in the country.
Many of the industrial companies and leaders will be showcasing their solutions and discussing the future at an event and forum called the Asia IoT Business Platform.
The Asia IoT Business Platform will be returning to Vietnam for the 19th edition of its industrial internet of things conference in Ho Chi Minh City. Continue reading Vietnam looks to achieve progress through the ‘massive potential’ of the industrial internet
Beckhoff Automation has partnered with IAConnects and Arkessa to integrate internet of things technologies to facilities management.
Global mass urbanisation seems to be an unstoppable trend which brings with it significant challenges for municipal authorities, insurance companies and facilities management.
Beckhoff says its partnership with Arkessa and IAConnects will help address these challenges. Continue reading Beckhoff, IAConnects and Arkessa taking IoT to facilities management
The Clean Energy Smart Manufacturing Innovation Institute has announced that Savigent Software has joined the Manufacturing USA initiative as its first national member.
In partnership with the US Department of Energy’s Advanced Manufacturing Office, CESMII brings over $140 million in public-private investment to enable smart manufacturing technologies and systems to become the driving, sustainable engine that delivers real-time business and energy improvements in US manufacturing.
Jim Wetzel, CEO of CESMII, says: “Savigent is not only our first national member, but will be an important technical partner moving forward. Continue reading Savigent Software becomes first national member of Clean Energy Smart Manufacturing Innovation Institute
Intelligent sensor gives utilities more choices as part of a connected data acquisition platform
Landis+Gyr is expanding its distribution sensor product portfolio by adding a cellular communication option to its S610 Line Sensor.
The S610 is used for detecting and locating faults quickly, monitoring power flows, and improving grid reliability.
The new cellular model provides the same line monitoring functions as the RF Mesh S610 Line Sensor, but uses a cellular radio to communicate directly with utility Scada or other types of grid management systems. Continue reading Landis+Gyr adds cellular option to line sensor products
The solar energy sector is seeing many advances both in the products it makes and in the way they are made.
JinkoSolar, which claims to be the world’s largest solar photovoltaics manufacturer, says it has set a new record for solar cell efficiency.
And it has achieved this through “new applications of cutting-edge technology such as IoT devices, intelligent mobile devices, and mobile robots to its manufacturing process”. Continue reading Solar power industry using robotics and automation to achieve productivity gains
About a week ago, a Chinese company called Citic formally announced that it had completed its acquisition of a European company called Linx Telecommunications.
While the story may be interesting in and of itself, it’s just one piece of a much larger jigsaw puzzle China’s Premier Xi Jinping wants to piece together.
A couple of years ago, Jinping sketched out a roadmap of what has come to be known as the “One Belt, One Road” project, often shortened to Obor. Continue reading The Digital Silk Road: Exclusive interview with Citic Telecom boss
Seven out of 10 Fortune 100 companies now offer industrial internet products, services, or initiatives, according to new research published by InField Clipboard.
Although the Internet of Things is popular in consumer applications, most IoT developments are being made for major companies like General Electric, Rolls Royce, AT&T and Google.
The world of IoT is constantly growing. In 2006, there were only 2 billion objects connected to the Internet of Things. Continue reading 70 per cent of Fortune 100 companies use the industrial internet, says report