NTT’s Edge Advantage report surveyed 600 enterprises leveraging edge to enable data-driven decision making; uncovered concerns around infrastructure capabilities.

 

• 88% cite 5G as an important enabler; those combining private 5G and edge report highest benefits.

• 93% consider edge a competitive advantage.

• Top reasons to invest in edge are to support automation and AI and real-time data access followed by operational efficiency and increase in IoT devices.

• Industries tapping edge are manufacturing, healthcare, transportation and logistics, energy and utilities, and financial services.

 

(BUSINESS WIRE)-- ... Read more »

 Food and Beverages Leader Joins Family-Owned Bacardi

(BUSINESS WIRE) -- Bacardi Limited, the world’s largest privately held international spirits company, announces the appointment of Alicia Enciso to the Company’s Board of Directors.

Alicia brings more than 30 years of experience with multi ... Read more »

HERZOGENAURACH, Germany - Thursday, 01. June 2023

(BUSINESS WIRE) -- Sports company PUMA has created a podcast series to make its 2022 Sustainability Report more accessible and to reach a wider and younger audience. The RE:GEN REPORTS podcast features next-generation thinkers from six countries and distills the content of the report into 10 podcast episodes, of which the first three are available on all major podcast platforms on June 1.

The RE:GEN REPORTS podcast, as well as the recently announced Voices of a Re:Generation project, comes as a direct result of the feedback PUMA received at last year’s Conference of the People, which the company organized to discuss solutions for some of the fashion industry’s most pressing sustainability challenges with Gen-Z representatives, industry peers and experts.

“We believe in collaboration, when it comes to sustainability, whether it is NGOs, brands or consumers, especially young people, who will ha ... Read more »

MUNICH & PFORZHEIM, Germany - Thursday, 01. June 2023 AETOSWire 

(BUSINESS WIRE)--The energy transition does not just change the energy generation technologies we use, but also requires the power grids to be updated. Today, instead of a dozen large-scale power plants, an enormous swarm of power plants all feed into our grid: Several thousand wind farms and over 2.6 million PV systems have been installed in Germany alone – and there is a steep upward trend. This makes our power generation weather dependent: On windless or cloudy days, the energy supply may not match the demand, leading to bottlenecks – or worse – blackouts. To keep the grid frequency at a stable 50.2 hertz, grid operators need yield forecasts. Artificial intelligence (AI) helps process this highly complex information and integrate it into the energy system.

With millions of solar installations, wallboxes and heat pumps, home storage systems and car batteries that will ... Read more »

The Technology Innovation Institute’s (TII) Falcon 40B, the UAE’s leading large-scale open-source AI model, is now free of royalties for commercial and research use, in response to global demand for inclusive access to AI.

Ranked #1 globally on Hugging Face’s leaderboard for large language models (LLMs), Falcon 40B outperforms competitors like Meta’s LLaMA and Stability AI’s StableLM. Under the permissive Apache 2.0 software license, Falcon 40B end-users have access to any patent covered by the software in question. Apache 2.0 ensures the security and availability of safe and powerful open-source software and establishes an effective governance model.

TII’s unrestricted access to Falcon 40B highlights its dedication to technological innovation and knowledge-sharing, fostering a collaborative ecosystem and strengthening the UAE’s position as a global AI leader. In addition, it reflects the UAE’s commitment to pushing the ... Read more »

New evaluation recognizes model-driven approach of AVEVA MES

(BUSINESS WIRE) -- AVEVA, a global leader in industrial software, driving digital transformation and sustainability, announced that it has been positioned in the Leaders Category in the IDC MarketScape: Worldwide Process Manufacturing Execution System 2023 Vendor Assessment (doc # EUR150526323, April 2023).

According to the IDC MarketScape, “AVEVA MES is a model-driven solution that supports the modelling of operational workflows, production processes, and equipment. This configurable business process management approach enables standardization of operational processes across multisite operations and provides a centralized management platform for data analysis with visualization.” In explaining the strengths of AVEVA MES, the report said, “The model-driven and process-based approach have been some of AVEVA's core strengths for a long time now. This is a differentiator for the company, ... Read more »

(BUSINESS WIRE) -- Kioxia Corporation today commenced operation of two new R&D facilities — the Flagship Building at the Yokohama Technology Campus and the Shin-Koyasu Technology Front — strengthening the company’s research and development capabilities in flash memory and solid-state drives (SSDs). Going forward, other R&D functions in Kanagawa Prefecture will be relocated to these new R&D hubs to improve research efficiency and promote further advancement in technological innovation.

With the addition of the new Flagship Building, the Yokohama Technology Campus will almost double in size, allowing Kioxia to expand its capabilities in evaluating flash memory and SSD products, thereby enhancing overall product development and product quality. Equipped with environmentally-friendly facilities, the Flagship Building has also acquired ZEB-Ready certification,1 which is given to buildings that reduce energy consumption by 50% or more through improved ... Read more »

New positioning celebrates and showcases real fans’ irrational love for the brand

(BUSINESS WIRE)--Today, HEINZ announces “It Has to be HEINZ,” a new global platform marking the first time in its 150-year history where the brand is unified under one creative strategy. The campaign pays homage to the brand by celebrating the irrational love people have for HEINZ – from real fans’ personal love affairs with the brand, to the love and care its products are made with.

Anchored by Kraft HEINZ’s largest media investment to date, the global creative platform demonstrates the unmatched love generations of people all over the world have for HEINZ – from Ketchup to Beanz and everything in-between(z). The fan stories featured in the creative – such as HEINZ tattoos, carrying condiment packets in purses, and smuggling tins of Beanz through airport security – are sourced from social media, news articles, and through word of mo ... Read more »

(BUSINESS WIRE)--Submissions for the third annual Seeding The Future Global Food System Challenge are now open. Funded by the Seeding The Future Foundation and hosted by the Institute of Food Technologists (IFT), the Challenge invites scientists, engineers, innovators, entrepreneurs, and multidisciplinary teams from non-governmental organizations (NGOs), non-profits, social enterprises, universities, research institutions as well as small and emerging for-profit enterprises to submit game-changing innovations that will help transform the food system.

The Challenge is focused on high-impact innovations that lead to significant advances in one or more of the following domains: safe and nutritious food for a healthy diet; sustainable practices including food loss/waste reduction; and access to affordable, appealing, and trusted food by consumers. Submissions close on August 1.

“Transformational change is urgently needed to create food systems that improve the heal ... Read more »

Abu Dhabi, United Arab of Emirates - Wednesday, 31. May 2023 AETOSWire

His Excellency Dr. Sultan Al Jaber, Minister of Industry and Advanced Technology, today announced $2.7 billion in offtake agreements for the UAE’s industrial sector in a move to boost local manufacturing, strengthen supply chains and attract international investors.

Addressing the second Make it in the Emirates Forum, HE Dr. Al Jaber said the new set of procurement opportunities would build on the previous forum’s offtake agreements.

“One of the key achievements of last year’s forum was several leading national companies announcing their intention to invest $29.9 billion over the next decade to purchase 300 products from local manufacturers,” HE Dr. Al Jaber said.

“I am pleased to share with you that in the first year alone, 28 percent of these offtake agreements have been implemented, representing a total value of $8.4 billion.”

HE ... Read more »

CLERMONT-FERRAND, France - Thursday, 01. June 2023 AETOSWire Print 

€11.4 million granted in funding from the French State via France 2030 for Carbios and its research partners to accelerate R&D and innovation work on its unique enzymatic technologies
Carbios selected for €30 million in funding from the French State via France 2030 and €12.5 million from the Grand-Est Region, subject to ratification by the European Commission, for the construction of Carbios' first industrial plant in Longlaville (54).
 

(BUSINESS WIRE)--Regulatory News:

Carbios (Euronext Growth Paris: ALCRB), a pioneer in the development and industrialization of biological technologies for reinventing the life cycle of plastics and textiles, announces that its project has been selected by the French State for funding of €30 million from the French State as part of the investment plan France 2030, and €12.5 million from the Grand-E ... Read more »

More than $27.23 billion has been redirected to the local economy since the UAE Ministry of Industry and Advanced Technology (MoIAT) and ADNOC launched major in-country value programs to support domestic industries.

Speaking at the Make in the Emirates Forum today, His Excellency Abdulla Al Shamsi, Assistant Undersecretary of MoIAT, said more than $14.43 billion of investment was redirected to the local economy last year alone, an increase of 25 percent year-on-year.

“The National In-Country Value Program is a nationwide program that speaks one language across many different sectors,” HE said. “It’s one methodology and this is something we’re very proud of because it benefits the private sector and when the private sector sees this it helps them prepare, invest, and spend.”

The forum heard how the National ICV Program is “functionating well and accelerating”.

The forum also heard how industrial zones are ... Read more »

 

Lenovo delivers stable profitability in year of accelerating transformation

(BUSINESS WIRE) -- Lenovo Group (HKSE: 992) (ADR: LNVGY) today announced full-year results, reporting Group revenue of US$62 billion and net income of US$1.6 billion, or US$1.9 billion on a non-Hong Kong Financial Reporting Standards (HKFRS) ^[1] basis. Profitability was stable with gross margin and operating margin both delivering 18-year highs and non-HKFRS net margin flat year-to-year. While Group revenue was impacted due to the softness in the device market, revenue from non-PC businesses reached a fiscal year high of nearly 40%, fueled by Lenovo’s diversified growth engines of Solutions and Services Group (SSG) and Infrastructure Solutions Group (ISG) growing revenue to record highs of US$6.7 billion and US$9.8 billion respectively, up 22% and 37% year-on-year.

After a year of in ... Read more »