Bosch?and?SAP?aim to simplify corporate processes with standardization and automation along entire value chains. Bosch contributes industrial expertise and experience with pioneering technologies for refining SAP solutions. Thanks to networks across companies and industries, external stakeholders will also benefit from increased efficiency and flexibility.
This is an interesting partnership.?SAP?will offer?Siemens?Teamcenter PLM and Siemens will offer SAP Intelligent Asset Management solutions and SAP Project and Portfolio Management applications. Can SAP acquire Siemens Software portfolio in future?
The Brazilian motors and controls manufacturer?WEG, a $3 billion firm, is acquiring a controlling stake (51%) in?Mvisia, a Brazilian start-up that specializes in applying AI and computer vision systems for Industry 4.0
US Government wants to push firms to move to US, LatAm or Caribbean from China in $30 -$50 billion nearshoring drive. Initial focus is on infrastructure, energy and transportation.
As the first in Denmark, the three Nordic engineering service providers?Prevas, TPU?and?Dawn Health?are collaborating to offer combined solution from 1500 professionals to Danish medical device industry. They are experts in their respective fields in medical devices product development, TPU ? electromechanical, Prevas ? embedded, and Dawn Health ? software and can offer one stop solution from start to finish.
Schneider Electric?is partnering with investors to launch a new company focused on microgrids for small and medium-sized U.S. businesses. This venture will enable SMBs to install ?energy-as-a-service? pre-engineered clean microgrids without paying for all the costs associated with installing and maintaining the systems up front.
Rolls-Royce?with its Power Systems business has set up a new organizational unit ?Power Lab? to focus on innovative and net zero carbon drive and energy solutions. The Power Lab will concentrate on the development of cutting-edge technologies for the marine and infrastructure sectors, with a span emphasis on fuel cell systems and the production and deployment of synthetic fuels.
W?rtsil??announces the divestment of 100% of the shares in W?rtsil? JOVYATLAS GmbH to Jacob Waitz Industrie GmbH, a German based industry holding. JOVYATLAS has been manufacturing UPS systems, rectifiers, power inverters, frequency transformers and resistors with related services for many industries already for seven decades. The company became part of W?rtsil? as a result of the acquisition of L-3 Communications MSI in 2015. The company is located in Jemgum in Germany, and currently has some 125 employees. The annual revenues were EUR 20 million in 2019.
Otis Elevator?has acquired Bay State Elevator, including its service portfolio and operations in Northeast US. Trend: Elevator OEMs increasing their service portfolio thru acquisition.
22 companies, including?Samsung Electronics, Apple?s three contract manufacturers?Foxconn, Pegatron?and?Wistron, Lava?and?Micromax, have filed applications under the Production-Linked Incentive (PLI) scheme that aims to boost local manufacturing of mobile phones and components in India.
A new engineering service provider, BIRD, is formed in Japan with collaboration of a?NEC, a construction firm, a couple of private equity firms, a mid-tier IT firm and a leading university. Interesting model from initial investment to all activities till new product launch.
Flipkart?invests $35 million in?Arvind Fashion. Backward integration?
How Industry 4.0 technology firms?are preparing for manufacturing localization? World?s biggest industrial PC manufacturer?Advantech?has formed a JV in Mexico expecting more manufacturing and Industry 4.0 investment.
Schneider?Electric extends strategic partnerships with AVEVA, Lenovo and Stratus to enable IT/OT Convergence. One the pillar is reference design with partners. the advantage of reference design is ability to pre-configure technology platforms and devices before shipment increases deployment speed and can reduce field engineering costs by 25-40%, increase order processing speed by 20%, and reduce maintenance costs by 7%.
MachiningCloud?has launched a marketplace of machining tools where manufacturer can buy tools based on 3D models from different tooling manufacturers and integrate it with CAM systems quickly.
Manufacturing relocation from?China?begins at scale.?Japan?reveals 87 projects eligible for ?China exit? subsidies. 30 projects are heading to South East Asia: Vietnam, Laos, Malaysia, etc. (Hoya, Sumitomo, Shin Etsu). 57 projects are heading back to Japan (Iris, Sharaya, Sharp).
Absolut?to trial 2000 paper based drink bottles.
Amazon?launches online pharmacy in India starting from Bengaluru.
Hitachi?ABB Power Grids to acquire US-based Pioneer Solutions LLC, a provider of industry-leading front-to-back-office Commodities/Energy Trading and Risk Management (C/ETRM) solutions. Energy hardware company acquiring energy trading ISV.
Cyient?acquires?IG Partners?to strengthen its mining consulting and Industry 4.0 capabilities. IGP is HQ in Australia and has presence in South Africa, Singapore and Chile. It employs 40 people and Revenue for 2020 is ~AUD 14.8 Million.
Coca Cola?says it will kill more ?zombie? brands, weeks after dropping Odwalla. CPG firms will trim their product and brand portfolio to reduce cost in the crisis. Likely to cut their Zombie brands (which are not growing).
Violet Power?intends to disrupt the PV industry a solar panel warranty of 50 years, more than three times the average in the industry, today.
Thyssenkrupp?is investing in the construction of a new walking beam furnace in Hot Strip Mill 2 at the Duisburg location. The new unit is intended to ensure a significantly improved surface quality of premium sheets, which are used, for instance, for exterior car body shells. This is part of its strategy to focus on profitable steel grades including multiphase steels, lightweight construction steels and grades with a high surface quality.
Total?acquires London?s largest EV charging network Source London. Its goal for 2025 is to operate more than 150,000 charging points in Europe.
DoorDash?launches convenience store in US. Will?Swiggy, Zomato?launch stores in India in future?
Aramco?in partnership with SABIC have successfully demonstrated the production and shipment of blue ammonia from Saudi Arabia to Japan with support from the Japanese Ministry of Economy, Trade and Industry. Forty tons of high-grade blue ammonia have already been dispatched to Japan for use in zero-carbon power generation.
AT&T?considers cellphone plans subsidized by ads. Interesting model if it works.
A two year ?200m Irish Sea contract to implement Brexit checks on goods has been won by consortium of?Fujitsu, McKinsey, HGS among others.
KKR?creates a JV with European IT firm?Devoteam?(?759 Million Revenue) And Targets Acquisitions. Expect More PE Driven Consolidation In IT And Engineering Services.
Some Indian service providers are getting in products based solutions while some Global service providers are getting out.?Capgemini?sells Odigo to Apax Partners.
TCS?has helped?Extreme Networks, a leader in cloud-driven networking, to , successfully complete the post-merger integration of Aerohive Networks into its ecosystem, in record time. TCS consultants completed the complex data mapping, transformation and integration within an aggressive timeline of six months.
Microsoft?is developing a new consulting unit under Omar. It is already a $6 billion business with 16000 people according to this news. This would be among top 20 IT service providers by revenue. Looks Microsoft wants to grow this further. Is it directionally similar to IBM Software and IBM Service model?
Atos?to acquire?EcoAct, leader in decarbonization strategy consulting.
Combitech?is developing the digitalized, autonomous and carbon-dioxide-free mine of the future, in collaboration with other globally leading Swedish companies.
Tech Mahindra?sells Altiostar Networks stake to?Rakuten Mobile?for $45 Million (which it acquired in 2018 for $15 million) and signs global partnership for RCP platform.
Sierra Wireless?is divesting its China-based automotive embedded module product line for US$165 million. This cash will allow it to expand its R&D centre in Richmond and invest in 5G, IoT. Trend: Generate cash by divesting legacy technology and invest in emerging technology R&D.
Groupe Renault?announces a plan to develop its organization around its brands, grouping them mainly into four business units (BU): Renault, Dacia, Alpine and New Mobility. The objective would be to give each BU an autonomous organization and move from a search for volume to a search for value and profitability.
Honda?and?General Motors?sign MoU toward establishing a strategic alliance in North America. The alliance will generate substantial cost efficiencies from shared vehicle platforms and propulsion systems both electrified and IC, joint purchasing, potential manufacturing efficiencies and other collaboration efforts. This would enable both GM and Honda to make greater investments in advanced and next-generation technologies. The alliance would explore combining the R&D efforts between the two companies related to advanced technology areas, including electrical architecture, advanced driver assist systems, infotainment, connectivity and vehicle-to-everything communication.
German auto supplier?Hella?is reportedly planning a sale of its driver-assistance software unit.
GM?shifts Corvette engineering team to its electric and autonomous vehicle programs. Shifting resources from legacy technology to new technology is key to auto enterprise survival.
Harley-Davidson?plans to wind up assembly operations in India.
HELLA?founded new Global Software House with 2000 software professionals across Germany, Romania, India. Trend is creation of separate software unit/ software factory by auto firms.
Mazda?Toyota Manufacturing, the new joint-venture between the two auto companies, on Thursday announced an additional $830 million investment in its new Alabama plant.
LG Chem?Splits Battery Business
Magna?has signed an agreement to acquire majority ownership of Honglizhixin (HLZX), a leading seat supplier to Chinese automakers. It will strengthen Magna?s competitiveness through increased vertical integration, additional 10 manufacturing sites, and full engineering and testing. The majority of HLZX?s plants are also vertically integrated with just-in-time seat assembly and delivery, structures, foam, and trim capabilities that enable an optimal sourcing solution for automakers versus sourcing from multiple suppliers.
MARELLI?and?Highly?announce the creation of new joint venture ?Highly Marelli.? Through synergies and targeted investment in electrification for HVAC and EDC systems, the new JV will create a new leading player that is well placed to access the growing Chinese market. The sales revenue of the business unit in 2019 was US$ 857 million.
Veoneer?sells U.S. brake business to?ZF Group?for $1.
Vinfast?buys GM Holden?s Lang Lang Testing Centre in Melbourne.
Toyota?announced the launch of its Toyota Used Vehicle Online Store, a service for customers to order used vehicles online in Japan. The service provides everything customers need to complete the purchase of a used vehicle online, from quotation through to contracting, for select used vehicles via Toyota dealers.
Volkswagen?and?Brose Group?create JV for global automotive seating.
Volkswagen?and?Uber?launch pilot project with electric vehicles in Berlin.
thyssenkrupp commences operational realignment of automotive system engineering and this will be split into two independent companies for body and powertrain.
Toyota Research Institute ? Advanced Development announces expansion and launches a new holding company which will consolidate?Toyota?s software technology development and will also offer services to other customers. It will focus on a more agile ?software-first? development process and Software Defined Architecture. Auto OEMs are making their software units as separate business unit.
OnStar, a?GM?subsidiary is expanding its offerings to meet the needs of fleet managers and small business owners in a new, more seamless way. Available now, OnStar Business Solutions brings four distinct product offerings together ? OnStar Safety Services, OnStar Vehicle Insights, API & Data Services and Wi-Fi.
Royal Enfield?to set up an assembly unit in Argentina, its first outside India. Trend: Local manufacturing investment will increase in different countries/ regions.
SEAT?increases its commitment to component companies located in Spain to reinforce the supply chain and promote sustainability.
The telematics-based ?InScore? insurance solution from?Mercedes-Benz?Bank can save up to 30%.
Tesla plans India entry in 2021.
Camera maker?Kodak?dives into drug manufacturing (API) with $765M federal loan. Kodak will repurpose existing facilities in New York and Minnesota to incorporate continuous manufacturing and advanced technology capabilities.
Saab?has divested the Dutch-based company QPS (Quality Positioning Services), a provider of hydrographic software solutions within the global maritime industry. The decision is in line with Saab?s strategy to optimize its product portfolio and to increase focus on five core areas: Aeronautics, Sensors, Command & Control, Advanced Weapon Systems and Underwater Systems.
Volkswagen?opens vehicle assembly facility in Ghana with installed capacity to assembly 5, 000 units per annum Ghana becomes the fifth Volkswagen vehicle assembly location in Sub-Saharan Africa; the other locations are in South Africa, Kenya, Nigeria and Rwanda. Volkswagen is strengthening the regions and focusing on new up-and-coming markets as part of its TRANSFORM 2025+ brand strategy.
Yandex?and?Uber?will spin off the self-driving car unit of their joint venture into a separate company. Yandex will invest $150 million in the new division getting control and 73% ownership of the company.
How will small aerospace suppliers survive? They work on razor thin margin in expectation of assured business for 10-20 years. Now assured business has declined sharply. Will we see larger suppliers pick up smaller suppliers and consolidate aerospace supply chain? Company which has cash or can raise cash will survive.
Interesting deal between?Bayer?and?One Data?(Informed Data Systems) to jointly develop digital health products across therapeutic areas. Bayer to provide series C funding to One Data. One Data will receive platform development fees. Bayer will receive royalties on sale of One Data Platform. Later Bayer may also commercialize jointly developed platform.
Esaote?delivered and installed over 50 WDM M40-1A portable digital radiological devices when awarded contracts under public competitions held by Italy?s national healthcare system.?WDM, is China?s biggest listed manufacturer of medical devices who purchased Esaote in 2018. International expansion strategy of Chinese Medical devices leader. Acquire company in Europe and through it get government tenders.
Car.Software Org of?Volkswagen?acquires camera software business area from?HELLA. Through the acquisition, the software company of the Volkswagen Group will expand its competence in the field of image processing. Car.Software Org develops assistance systems and automated driving functions for all brands of the Volkswagen Group.
Daimler Trucks?presents technology strategy for electrification. Four main developments. GenH2 Truck, a fuel-cell truck with a range of up to 1,000 kilometers. eActros LongHaul, a battery-electric truck with a range of about 500 kilometers. eActros, a battery-electric truck with a range of well over 200 kilometers. ePowertrain global platform architecture offers synergies and economies of scale.
Daimler?to sell its factory in?France?which produces small cars as it optimizes its manufacturing footprint. These cars will now be produced in China by Geely.
GAUSSIN?to set-up first factory in Qatar to assemble electric vehicles dedicated to serve sea ports, airports logistics. It will also establish an R&D center.
General Motors?announced its technology rollout plan for electrification, intelligent driving and connectivity in China. In electrification, more than 40% of GM?s new launches in China in the next five years will be electrified models. They will all be manufactured in China, with almost all parts coming from local suppliers. It will also accelerate the development of China-specific solutions for intelligent connected vehicle.
General Motors?Ultium Battery Factory ( JV with?LG Chem?) is coming up in Ohio. It will reduce cost of EV battery from $145/kWh to $100/kWh.
Benefit of?Tesla?s vertical integration made possible by incredible engineering. 1. Range Increase. 2. $/ KWH Reduction. 3. Investment Per GWH Reduction
Bentley Motors?today announces a three-year research study that promises to transform electric vehicle powertrains, utilizing a fully integrated, free from rare-earth magnet e-axle that supports electric vehicle architectures.
Audi?and?ABB?are nearing completion of their joint partnership to bring charging points in-to Audi Authorised Dealerships nationwide in new zealand, offering AC and DC charging solutions,
Bosch?pools its software and electronics expertise in one division with 17,000 associates. In addition to a single source for software-intensive systems for future vehicle architectures, the new division is also responsible for the Cross-Domain Computing Solutions including vehicle computers, control units, and sensors. When software eats the car, automotive firms need to both double down on software and and integrate it cross functionally with their hardware at strategic level.
BMW Group?launched?feature subscription service.
Johnsons Control?sells Hart & Cooley to PE firm H.I.G. Capital. Hart & Cooley has 1800 employees and specializes in residential and commercial venting, chimney, air duct systems and other HVAC products.
Kadant, component manufacturer for process industry acquires industrial automation system integrator,?Cogent.
A $2 billion deal between?General Motors?and?Nikola. GM will take an 11% ownership stake in the Phoenix company and will engineer and build Nikola?s Badger hydrogen fuel cell and electric pickup truck.
Kiwa?has launched a quality mark for the review of COVID-19 Preventive measures for organizations in the hospitality sector that wish to have their preventive measures tested against the applicable (inter)national requirements and any additional guidelines.
Boeing?plans to end production of 787 Dreamliner in Washington state, consolidating assembly in South Carolina.
Bombardier?has entered into share purchase agreements with each of Lufthansa Technik AG and ExecuJet Aviation Group AG to acquire outstanding shares of Lufthansa Bombardier Aviation Services (LBAS) that it does not own. This transaction enables Bombardier to further expand its worldwide customer support footprint by establishing a wholly-owned service centre in Berlin.
Walmart?will convert 160 store parking lots into drive-in theatres.
Rakuten?is shutting down its US marketplace?Buy.Com. Trend: Enterprises will rebook at their nonperforming digital initiatives. Earlier Walmart closed Jet.com
Reliance Retail?acquires majority stake in leading digital pharma market place ?Netmeds?
World?s most sustainable furniture factory in Norway by?Vestre. Combining front end of selling and back end of manufacturing in a fully inspectable factory in middle of forest where customers and employees go on hiking. Add Industry 4.0 for efficiency, productivity, flexibility and renewable energy for sustainability. Is this future of manufacturing?
Whisky in paper bottle??Diageo?to launch?Johnnie Walker?whisky in paper bottles in 2021. Diageo and Pilot Lite to develop the paper bottle and collaborate on R&D.