ABB has completed a second strategic investment in US-based technology company Pratexo, an edge-to-cloud software solution provider. The deepening collaboration between both organizations comes as companies continue to shift from centralized cloud to edge computing and hybrid edge-to-cloud solutions for better operational technology management. Financial details of the investment...
MicroEJ, a leader in embedded software, unveils VEE Energy —a solution that transforms standard meters into agile, AI-enabled smart devices, revolutionizing how utilities manage grid infrastructure with no costly hardware replacement. With VEE Energy, metering companies gain the flexibility to deploy intelligence at the edge, bringing complexity-free innovation to...
Here is AITech365’s Weekly Roundup of the top news from global markets. In this fast-paced world, breaking down information helps readers grasp the nuances that follow the news.
In Cybersecurity news this week…
Deep Instinct Expands Zero-Day Security to Amazon S3
Deep Instinct, the zero-day data security company built on the first and only...
Collaborative Robotics, a leader in practical collaborative robots (cobots), and founded by the team that helped scale Amazon Robotics to over 500,000 robots, announced the public launch of its robot, Proxie. The first of its kind, highly adaptable, collaborative robot takes on the demanding material handling tasks that keep...
Jabil Inc., a global leader in engineering, manufacturing, and supply chain solutions announced ID8 Global, a joint venture with Cyferd Inc., a pioneering AI company specializing in data technology. Together, they are introducing a generative AI-driven, autonomous supply chain and procurement software platform that will transform how industries manage...
Zilliant, the leader in pricing lifecycle management, announced the automation of customer-specific pricing and negotiated sales agreements in Zilliant CPQ. Agreements Management, announced at the company’s MindShare Europe event, addresses a critical need in manufacturing and distribution industries where negotiated pricing can represent up to 80% of annual revenue.
“At...
Beko announced it has been named a UiPath AI25 Award winner. recognizing its innovative use of AI and automation. The annual award program identifies the 25 most innovative UiPath customers using a combination of AI and automation as a strategic change enabler to accelerate bigger and bolder outcomes.
Beko has...
Advex AI, a bleeding-edge startup tackling the critical data problem in AI Vision for manufacturing, announced their $3.5 million seed funding round led by Construct Capital, with participation from Pear VC, Emerson Collective, and notable angel investors Arash Ferdowsi (Dropbox founding CTO) and Ankit Jain (Infinitus CEO). The company...
Siemens is revolutionizing industrial automation with Microsoft. Through their collaboration, they have taken the Siemens Industrial Copilot to the next level, enabling it to handle the most demanding environments at scale. Combining Siemens’ unique domain know-how across industries with Microsoft Azure OpenAI Service, the Copilot further improves handling of...
Avathon, formerly SparkCognition, has unveiled its pioneering AI platform to solve the most urgent industrial challenges, such as maximizing uptime of capital-intensive assets, enabling efficient ramp-up in manufacturing, and ensuring worker safety in industrial settings. By implementing a systems-level approach, Avathon's platform enables solutions that work for the world's...
