Market trends and business perspectives
Applied Intuition, a provider of a simulation platform for autonomous vehicle development, has raised $40 million in Series B financing.
The funding round was led by General Catalyst with participation from Kleiner Perkins, M12 (Microsoft), Sozo Ventures, and La Famiglia.
Previous investors, Andreessen Horowitz, Lux Capital, and Floodgate, also participated in this round. [Read more…] about Autonomous vehicles simulator Applied Intuition raises $40 million in funding
Hannover Messe 2020 will coincide with a period of rapid technological change and political and economic uncertainty, according to its organisers.
Sporting its 2020-season lead theme of “Industrial Transformation” and featuring some 6,000 exhibitors, the world’s top trade show for industrial technology will shine a light on the opportunities arising from new technologies, changing buyer behavior and a growing awareness of climate protection.
Experts at Deutsche Messe, one of the world’s largest industrial trade show companies and the owner of Hannover Messe, the global industrial sector is “in the midst of a period of major change”, driven primarily by the “megatrends” of digitization, individualization and climate protection.
At the same time, it is grappling with some very challenging economic and political fundamentals.
Dr Jochen Köckler, chairman of Deutsche Messe, says: “The world is embarking on a period of change, the likes of which we haven’t seen for a long time. [Read more…] about Global industry ‘in midst of major change’ because of ‘megatrends’
SICK is unveiling indoor localization technology which lets users know where all their machines are at all times.
The sensor supplier is planning to showcase the system at the Pack Expo Las Vegas later this month.
SICK says it has taken another step toward Industry 4.0 by offering a new, comprehensive indoor localization portfolio. [Read more…] about SICK to showcase indoor localization technology that lets you know where all your machines are at all times
Sensors supplier Sick showcased a new “smart logistics” system at the recent ProMAT Show, one of the world’s largest material handling exhibitions.
Sick says its system demonstrates how to obtain greater efficiency throughout supply chain operations.
Sick presented its new innovations under the banner of “Logistics Gets Smart”, and says they are designed to provide “highly efficient solutions for intralogistics applications”. [Read more…] about Sick demonstrates ‘smart logistics’ system for warehouse automation
Foxconn boss Terry Gou has confirmed that he is considering running for president in Taiwan’s general election next year, according to the South China Morning Post.
“I will decide in the next two days whether to run for president,” Gou told reporters at a seminar in Taipei earlier today. “I hardly slept last night thinking of the future of Taiwan and its security issues.”
He added that the 2020 presidential election will be “extremely critical in determining Taiwan’s future in the next 20 years in the political, defense and economic sectors”. [Read more…] about Foxconn boss Terry Gou considers automating the entire population of Taiwan
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