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“Digital Future. We Together”, H3C Digital Tour 2021 In Malaysia

“Digital Future. We Together”, H3C Digital Tour 2021 In Malaysia

The annual virtual event introduced the company’s latest Software-Defined Networking (SDN) solution, H3C Application-Driven Network 6.0 (AD-NET 6.0) Solution, which includes AD-Campus 6.0 for campus scenario applications, AD-DC 6.0 for data center scenario applications and AD-WAN 6.0 Solution for Wide Area Network (WAN) scenario applications. Furthermore, the event aims to assist global partners in achieving higher levels of digital transformation in line with the evolving needs of the modern digital economy.

Themed “Digital Future · We Together”, the H3C Digital Tour 2021 aims to build an open and collaborative platform for industry leaders and experts to take part in cutting-edge technology discussions, while bringing H3C’s latest ICT solutions in a variety of areas. With the goal of enabling digital Malaysia with intelligent connectivity, H3C has officially launched the key solution, AD-DC 6.0 Solution at the virtual event. The all-new industry-leading solution addresses the networking challenges of Malaysian enterprises using data centers, while bringing a lower total cost of ownership, stronger security, higher performance and better experience compared to the previous version.

Speaking during the H3C Digital Tour 2021 in Malaysia, Gary Huang, H3C’s President of International Business and Senior Vice President, said, “Malaysia is the strategic market for H3C. The country is consistently prioritising digital initiatives in their economy. The efforts undertaken have become a new driver of development in Malaysia. Having cooperated with global customers and partners, H3C continues to have keen insights into vertical industries and improving the digitalization and intelligence of our solutions. By accelerating the construction of digital infrastructure, boosting the digital transformation of traditional enterprises and enabling the industrial intelligent application, we will be together to share the benefits of the digital economy and create a better digital future.”

The AD-DC 6.0 Solution gives simplicity, with end-to-end automation from computing resources, network to service, making it a “One Architecture for Multiple Scenarios” device. Besides that, it also brings intelligence, supporting Interspan telemetry while leveraging AI to complete the closed-loop of information processing. According to H3C, it has also improved in terms of convergence, making it a unified platform for management, control and analysis for enterprises. Micro-segmentation and service chain ensures the data center security with controller HA design makes the business much more stable and trustworthy while delivering higher performance.

The future of data centers will rely on the cloud, hyper-converged infrastructure and more powerful devices. It needs to have strong reliability, higher efficiency, safer security and constant evolution of data centers are typically a top priority. Many enterprises are pushing their capacity out in digitalising in order to provide a better service. H3C plays an important role in assisting these enterprises to complete their quest by providing a series of products and solutions to upgrade their infrastructure, making data center operations more efficient.

Additionally, H3C has also launched the AD-WAN 6.0 Solution, claiming it as the industry-leading SDN solution for WAN networking. The traditional WAN faces challenges including a surge in bandwidth demand, assurance for core businesses, a potential risk for network security and low efficiency for O&M. The new generation of AD-WAN 6.0 Solution is designed to solve the issues of the traditional version. It not only improves link utilization up to more than 80%, it also efficiently compresses the traffic and improves transmission bandwidth four times using the hybrid link.

With its Resilient Intelligent Routing (RIR), it can distribute traffic steering for faster response and higher reliability, at the same time reducing cost and complexity using a single product for networking and security. The Solution’s higher efficiency for O&M provides data centers real-time monitoring of devices’ performance and link status with their customized dashboard to display preference information. The AD-WAN 6.0 Solution can also detect system failures with its real-time alarm and provide users quick access to abnormal information, displaying application traffic and health score to optimize network resource allocation.

Rockies Ma, Country General Manager of H3C Malaysia commented on the flagship products and solutions launch, “Data centers are already evolving from a centralized, locally-operated infrastructure out to the cloud—using public and private cloud providers, colocation and more. As 5G enables hyperconnectivity, organizations will rely even more on edge devices in their data centers. Following the Malaysian government’s plans of Industrial Revolution 4.0, we strive to expand our partner ecosystem by deploying our latest technologies such as the AD-DC 6.0 in supporting our Malaysian enterprises to speed up their digital transformation.”

Since the first version of AD-DC 1.0 was released in 2014, H3C has successively launched 2.0, 3.0, 5.0 and the latest AD-DC 6.0 Solution. With mature, stable and various features, it has helped more than 1,400 customers across industries accelerate their digital transformation. Malaysia is the first station of H3C Digital Tour 2021. Following this virtual event, the H3C Digital Tour 2021 will be hosted in other key markets including Russia. H3C is committed to supporting more clients to accelerate digital transformation and boost business agility amid the rapidly changing market conditions.

PressRelease_H3C

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DED And Large-Format Additive Manufacturing Market Projection: 2021-2030

DED and Large-Format Additive Manufacturing Market Projection: 2021-2030

DED and Large-Format Additive Manufacturing Markets: 2021-2030” from SmarTech Analysis, identifies and quantifies the opportunities presented by Directed Energy Deposition (DED), Wire Arc Additive Manufacturing (WAAM) and other large-format metal additive technologies. It pegs revenues from these and related areas as reaching US $537 million in 2026.

About the report:

Coverage includes large-format PFB and semi-proprietary large-format machines such as EBAM and Titomic Kinetic Fusion systems.  The markets for large-format machines in each of the major end user industries is also analyzed including aerospace, automotive, medical, oil & gas, energy, general industry and tooling, and service bureaus.  

A major part of the report consists of a ten-year forecast of large-format machines and related materials with breakouts by types of process, materials used, service bureau vs. in-house, wire vs. powder, hybrid vs. pure AM and customer geography. The report includes profiles of the market strategies of more than 30 companies active in the DED/large-format space.

Companies profiled include: AML3D, ADDere, Additec, BeAM/AddUp, DM3D, DMG MORI, ELB-Schliff, Evobeam, Farsoon, Formalloy, Gefertec, Hybrid Manufacturing Technologies, InnsTek, DMT Machines, Laser Cladding Venture, Lincoln Electric, Mazak, Mitsubishi, MX3D, Norsk Titanium, Okuma, Optomec, Prima Additive, Prodways, Ramlab, Relativity Space, Sciaky, Titomic, Trumpf, WAAM3D, and XBeam3D.

From the Report:

  • In addition to the fabrication of large parts, large-format printing is used for (1) the repair of worn or deteriorated parts, (2) adding new features to an existing part, (3) metal coating and (4) the creation of new materials from multiple metals. Repair is already important. DED is used to repair military equipment. It is also used extensively to repair turbine blades, satellites and other high-end equipment. DED repair eliminated the need for emergency repairs and nonscheduled downtime at Toyota.
  • Aerospace is one of the main applications for the machines covered in this report. Large-format additive can reduce long lead times. Producing large structural parts for aerospace applications with traditional methods can take up to a year. Potentially, large-format technology can print multi-part components as a single part. With this approach, assembly times can be significantly reduced and reliability can be enhanced. In the future, large sized parts – such as wings – can be produced by large-format machines in the form of meshes, which leads to lower weights. However, the current generation of large-format machines are not well adapted to creating meshes. In 2026, SmarTech expects purchases of large-format additive machines by the aerospace industry to reach almost $130 million.
  • Metal service bureaus meet the AM needs of industry where end user firms do not have the experience or hardware to do their own metal printing. Some bureaus have DED and WAAM machines and it is likely that a few have other large-format machines. Indeed, because large-format machines are rather expensive specialist systems, they are perhaps more likely to be found in bureaus than on end user premises, at least that is out speculation. In 2026, SmarTech expects purchases of large-format additive machines to reach over $100 million.

For more information about this report, please visit https://www.smartechanalysis.com/reports/ded-and-large-format-additive-manufacturing-markets-2021-2030/

NewsRelease_GlobalData

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Kearney Launches Digital Model Factory

Kearney Launches Digital Model Factory

Global consulting firm Kearney and strategic partner LIFT Manufacturing Institute today officially launched the Digital Model Factory, a hands-on facility where industrial companies can explore how to best apply Industry 4.0 technologies in their operations.


The new Digital Model Factory (DMF) is located in LIFT’s 100,000 square foot facility in Corktown, Michigan ― a technology hub for the automotive, aerospace, and industrial sectors. The DMF features a manufacturing and assembly line equipped with advanced manufacturing analytics and augmented reality solutions that let visitors experience the power of digitally augmented operations.

“Together, Kearney and LIFT will help companies across the United States take the critical next step toward making digital manufacturing a reality on their factory floors,” said Doug Mehl, Kearney Partner and the firm’s Global Lead for Industry 4.0 Strategy. “Our shared mission is to drive a step change business performance.”

“We’re excited to bring Kearney’s deep Industry 4.0 expertise to our ecosystem of innovative OEMs, industrial suppliers, research institutes, workforce development organizations, educational institutions, and professional societies,” said Nigel Francis, CEO and Executive Director of LIFT, a public–private partnership between the U.S. Department of Defense, industry and academia.

Four key questions the Digital Model Factory answers:
Every manufacturer should address these questions as they consider their i4.0 strategy

What are my operational challenges?

A discovery process is needed to align business objectives, scope, and deliverables. Manufacturers will need to collect and analyze data to determine the problems and possible solutions.

What are the solutions?

Manufacturers should take a hard look at the baseline results while understanding and defining their current capabilities and gaps.

What will be the impact of the solutions?

Organizations need to create a prioritized list of initiatives with a strong business case for each as they define potential ecosystem partners.

How should the solutions be implemented?

It’s not just about creating an implementation road map. You must also factor in a continuous improvement plan.

What makes the Digital Model Factory unique?

The Digital Model Factory and Kearney’s strategic ops teams have built a comprehensive i4.0 transformation toolkit for our clients. The DMF offers immersive i4.0 demos and hands-on learning. Clients who use the DMF have an opportunity to:

  • Experience i4.0 solutions, firsthand, on a demo production line of an electric scooter
  • Workshop challenges, brainstorm solutions with Kearney i4.0 experts, and develop an implementation road map
  • Collaborate with Kearney’s ecosystem partners to find customized solutions for specific challenges

What capabilities does the Digital Model Factory showcase?

The DMF demonstrates how i4.0 technologies can produce:

  • Modular production lines
  • Advanced quality control
  • Material tracking and automated fulfillment
  • Dynamic process updates and training
  • Safety and ergonomics

The Digital Model Factory line gives organizations a chance to better imagine how they can incorporate i4.0 tech into their operations.

PressRelease_Kearney

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The Global Reactor Thermoplastic Polyolefin Elastomer Market Highlights Rising Demand

The Global Reactor Thermoplastic Polyolefin Elastomer Market Highlights Rising Demand

Rising by 1.7x, Reactor Thermoplastic Polyolefin Elastomers Consumption in Medical Applications to Pick Up Pace by 2031


The latest market survey conducted by Fact.MR on the global reactor thermoplastic polyolefin elastomer (TPO) market highlights hidden opportunities and challenges across various segments including resin type and applications. The report also projects consumption of reactor TPOs for medical procedures to continue increase over the forecast period from 2021 to 2031.

In a recent market analysis, Fact.MR projects the demand for reactor thermoplastic polyolefin elastomer (TPO) to increase by 4% between 2021 and 2031, with the overall consumption reaching 700 KT by 2031.

Increasing automotive production and sales are resulting in high demand for reactor TPOs. Besides this, stringent regulations implemented to curb carbon emissions from vehicles are tipping scales in favor of lightweight vehicles production.

Read More: Global Transition Towards Electric Vehicles Poses Major Challenges.

Driven by this, automotive manufacturers are adopting materials such as aluminum, carbon fibers, and plastic. Some are using performance polymers in side beams and bumper fascia to manufacture lightweight vehicles. Consequently, some of the leading automakers are collaborating with plastic/polymer producers to gain access to materials that significantly reduce the weight of vehicles.

Request a report sample to gain comprehensive insights at
https://www.factmr.com/connectus/sample?flag=S&rep_id=4250

As per the report, the U.S. is expected to dominate the North America reactor thermoplastics polyolefin elastomer (TPO) market. The presence of key manufacturers including Formosa Plastics, Borealis, and LyondellBasell, along with stringent vehicle emission standards adopted in the country will fuel the demand for lightweight materials used in vehicle production, including reactor TPOs.

“The market is expected to gain considerably from the rising production of electric vehicles (EV). Strong EV market growth is indicative of higher demand for lightweight materials to offer greater fuel efficiency in cars. Besides EV, sales of hydrogen-powered cars is surging in the U.S., Korea, and Japan, creating conducive environment for the expansion of the reactor TPO market across these countries,” says the Fact.MR analyst.

Key Takeaways from Reactor Thermoplastic Polyolefin Elastomer (TPO) Market Survey

  • Applications of reactor TPO in the automotive sector are projected to account for 87% of the total market share through 2031.
  • The demand in the medical segment is anticipated to grow at a 5.3% CAGR through 2031.
  • The U.S. will continue dominating the North America reactor thermoplastic polyolefin elastomer (TPO) market, expanding at a 5.3% CAGR through the assessment period.
  • Consumption of reactor TPO in China automotive market is anticipated to reach 71 KT by 2031.
  • South Korea will emerge as a lucrative reactor TPO market, with sales expected to increase by 1.4x over the forecast period.
  • Sales of reactor TPO in Japan are projected to gain 30 BPS during the assessment period.

Growth Drivers:

  • Collaborations between key market players to develop lightweight vehicles that offer greater fuel-efficiency will continue boosting sales of reactor thermoplastic polyolefin elastomers.
  • Reactor TPO application will increase in the packaging industry as demand for lightweight and sturdy materials to keep shipments intact grows consistently.

To learn more about Reactor Thermoplastic Polyolefin Elastomer (TPO) Market,
https://www.factmr.com/connectus/sample?flag=AE&rep_id=4250

NewsRelease_GlobalData

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Growing Robotics Adoption Driving Growth Of The Teleoperations Market

Growing Robotics Adoption Driving Growth Of The Teleoperations Market

Companies such as Ottopia, Voysys, Phantom Auto, and Quantum Signal LLC, among others, are focused on offering advanced teleoperation solutions and services. These companies are offering innovative solutions to various major automotive players such as Denso Corporation in order to enhance their offerings. Teleoperation happens to be a necessity to assist autonomous vehicles through complex situations. Hence, it is gaining immense popularity in the autonomous vehicles segment.

Furthermore, the adoption of industry 4.0 technologies in teleoperation is expected to further drive market growth. Increasing government investments in industry 4.0 in recent years are further boosting market expansion. Moreover, to boost automation within industries, governments are providing subsidies as well as allowances in order to push the adoption of industry 4.0.

The growing popularity of robotic applications is primarily driving the growth of the teleoperations market. With the advent of IoT and growing admiration of IoT applications across smart and connected devices, there has been a rise in demand for teleoperation solutions and services. Increasing demand for smart factory applications is a major factor driving market growth.

  • For instance, in May 2021, Phantom Auto entered into a partnership agreement with Mitsubishi Logisnext Americas Group in order to scale up remote operations for unmanned forklifts. Solutions provided by Phantom Auto will enable clients of the latter company remotely operate unmanned tuggers, pallet jacks, and counterbalances, among others.
  • In May 2021, Ottopia announced the availability of its teleoperation software on the NVIDIA DRIVE AGX platform, an end-to-end platform used by the transportation industry in order to develop safe and autonomous vehicles. Ottopia happens to be the only teleoperation provider to offer innovative solutions with automotive grade technology.

Key Takeaways from Market Study

  • North America was the leading market in 2020 in terms of value for teleoperations. Over the coming years, South Asia and Pacific is expected to be a key market for sustainable revenue generation.
  • Large enterprises are expected to offer higher incremental opportunity during the forecast period.
  • There has been a rise in demand for teleoperation platforms/software owing to increasing popularity of remote-working due to COVID-19.
  • With growing popularity of teleoperation services, countries in Asia Pacific such as India, China, and Japan are expected to witness potential growth opportunities.
  • The market in the U.S. is projected to surge at a CAGR of 20.9% through 2031, and is expected to continue its dominance over the coming years.
  • The market in China and India is expected to progress at impressive CAGRs of 22.3% and 29.8%, respectively, through 2031.

“Growing popularity of smart factory coupled with increasing demand for robotic process automation is driving demand for teleoperations in mature markets,” says a Persistence Market Research analyst.

View Report Table of Contents, Figures, and Tables

Get full access of report: https://www.persistencemarketresearch.com/checkout/32622

NewsRelease_Globaldata

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The Longest Subsea Cable System In The World

The Longest Subsea Cable System in the World

The 2Africa consortium, comprised of China Mobile International, Facebook, MTN GlobalConnect, Orange, stc, Telecom Egypt, Vodafone, and WIOCC, announced the addition of a new segment – the 2Africa PEARLS branch – extending to the Arabian Gulf, India, and Pakistan. This extension will bring the total length of the 2Africa cable system to over 45,000 kilometers, making it the longest subsea cable system ever deployed. 

Now connecting three continents, Africa, Europe and Asia terrestrially through Egypt, 2Africa creates unique connectivity by adding vital landing locations in Oman (Barka), UAE (Abu Dhabi and Kalba), Qatar (Doha), Bahrain (Manama), Kuwait (Kuwait), Iraq (Al Faw), Pakistan (Karachi), India (Mumbai), and a fourth landing in Saudi Arabia (Al Khobar).

The new 2Africa branch joins recently announced extensions to the Canary Islands, the Seychelles, Comoros Islands, Angola, and a new landing to south-east Nigeria. As with other 2Africa cable landings, capacity will be available in PEARLS landings at carrier-neutral facilities or open-access cable landing stations on a fair and equitable basis, encouraging and supporting the development of a healthy internet ecosystem. To further support a burgeoning global digital economy, the expanded system will serve an even wider range of communities that rely on the internet for services from education to healthcare, and businesses, providing economic and social benefits that come from increased connectivity.

As announced in May 2020, 2Africa was planned to directly bring seamless international connectivity to 1.2 billion people. Today, with 2Africa PEARLS, 2Africa will be providing international connectivity to an additional 1.8 billion people–that’s 3 billion people, representing 36% of the global population. Alcatel Submarine Networks (ASN) will deploy the new system utilizing new technologies such as SDM that allow the deployment of up to 16 fiber pairs, double that of older technologies and bringing greater and more cost-effective capacity.

SOURCE 2Africa

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Witness The Future-General Motors Investor Event 2021

Witness The Future-General Motors Investor Event 2021

General Motors to Outline Plans for Decade of Growth, Doubling of Annual Revenues by 2030 with Increased Margins


General Motors Co. (NYSE: GM) meets with investors today and tomorrow to detail its plans to double annual revenues by the end of the decade while growing EBIT-adjusted margins as it transitions to an all-electric future. GM has already announced plans to invest $35 billion through 2025 in all-electric and autonomous vehicles and launch more than 30 new EVs globally.

“GM’s vision of a world with zero crashes, zero emissions and zero congestion has placed us ahead of much of the competition in electrification, software-enabled services and autonomy,” said GM Chair and CEO Mary Barra. “Our early investments in these growth trends have transformed GM from automaker to platform innovator, with customers at the center. GM will use its hardware and software platforms to innovate and improve their daily experience, leading everybody on the journey to an all-electric future.”

Here’s Everything You Have Missed:

EV 2025

Our Path to an All-Electric Future- Zero Crashes, Zero Emissions, Zero Congestion

  • GM’s plan to reach leadership in EV market share in the U.S. while growing its profits from internal combustion engine (ICE) vehicles. GM’s growth will be driven by the Ultium modular EV platform the company developed to launch a broad portfolio of highly desirable EVs using common, scalable components. The array of Ultium-powered EVs will include high-volume entries, including a Chevrolet crossover priced around $30,000, Buick crossovers, trucks from Chevrolet, GMC and HUMMER EV, as well as exquisitely crafted Cadillac EVs such as the upcoming LYRIQ and CELESTIQ.

Dual Platform Approach

  • GM’s dual platform Ultium plus Ultifi strategy to aggressively expand digital services and increase the lifetime value of its vehicles. Ultifi is an end-to-end software platform designed to unlock new vehicle experiences and connect customers’ digital lives. It will help enable the frequent and seamless delivery of software-defined features, apps and services to customers over the air.

“Our role is not just to direct our own company toward a vision of zero crashes, zero emissions and zero congestion. It is to lead and influence others. To set the standards that others will follow. To take everybody on the journey, to a more equitable, safer, all-electric future.” says GM Chair and CEO Mary Barra.

A look inside GM’s global Innovation and Growth team and its mission to disrupt any market where it sees opportunity, and open new markets. GM is managing about 20 startups of various sizes and maturity levels, some in early phases, and others such as BrightDrop and OnStar Insurance that are launching now.

Plans for more than 50 percent of the company’s North America and China manufacturing footprint to be capable of EV production by 2030. The five-year pull ahead to 2025 of GM’s commitment to source 100 percent renewable energy for the company’s U.S. facilities.

In addition, GM is sharing the first details of Ultra Cruise, a significant next step in hands-free advanced driving-assistance technology that will be offered starting in 2023. Designed to handle 95 percent of all driving scenarios on every paved road in the U.S. and Canada over time, it will create a virtually door-to-door hands-free driving experience. Ultra Cruise is being developed to be the premier advanced driver-assistance system on the market in terms of both capability and safe operation.

SOURCE General Motors Co.

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World’s Most Sustainable Companies 2021

World’s Most Sustainable Companies 2021

Schneider Electric accelerates its sustainability strategy, comes top in Corporate Knights ranking of world’s most sustainable companies.


Corporate Knights, a Canadian media and research company producing rankings and financial product ratings based on corporate sustainability performance, has for the first time recognized Schneider Electric number one of its annual index of “the Global 100 most sustainable corporations in the world”.

A jump from 29th position the previous year, the top ranking for 2021 represents an important external recognition of Schneider Electric’s early and sustained commitment to ESG issues. It also highlights the company’s transformation into a leading provider of digital solutions that facilitate energy efficiency and sustainability.

“The core of our strategy is to build a sustainable business and company. Customers, employees, partners and investors have never been more focused on ESG considerations than they are now. Schneider has long embraced those issues, and we keep raising the bar for ourselves, and for our customers and partners,” says Jean-Pascal Tricoire, Schneider Electric’s Chairman and Chief Executive Officer.

The new Schneider Sustainability Impact (SSI) program will span 2021-2025 and amounts to a significant acceleration of previous targets. It is built on six long-term commitments, which are set to deliver on each of the United Nations’ Sustainable Development Goals. These commitments are to act for a climate-positive world; to be efficient with resources; to live up to its principles of trust; to create equal opportunities; to harness the power of all generations; and to empower local communities.

The ability and willingness to make the world greener and more equitable is not just a moral responsibility – it makes good business sense too,” said Olivier Blum, Schneider Electric’s Chief Strategy and Sustainability Officer. “The year 2020, marked by COVID-19, a string of climate-linked disasters, and the fifth anniversary of the Paris Agreement on climate change, reinforced the urgency for action. It has also intensified the appetite from our customers to accelerate their own transitions towards a lower-carbon world. Our solutions can help them achieve their goals, too.”

Eleven concrete targets, deliverable by 2025, underpin these commitments. And, for the first time, leaders of the more than 100 markets in which Schneider operates will set local targets to address grassroots-level needs in their communities.

Repeatedly recognized in key rankings for its sustainability achievements, Schneider will continue to report on its extra-financial performance on a quarterly basis, as it has done since launching the world’s first corporate sustainability barometer in 2005. In just the past year, Schneider already stepped up on its own decarbonization roadmap and became a signatory of the Climate Pledge; was the first company to issue an ESG-linked convertible bond; was also ranked Corporate Disclosure Project (CDP) A-List for environmental transparency and action for the 10th year in a row, and was included in the Financial Times’ Top 50 Diversity Leaders ranking.

Click through for more on Schneider’s sustainability strategy and its number 1 ranking in Corporate Knights’ Global 100 most sustainable corporations in the world index.

Press Release_SchneiderElectric

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Malwarebytes Cybercrime Report Reveals Cybercrime Does Not Impact Individuals Equally

Malwarebytes Cybercrime Report Reveals Cybercrime Does Not Impact Individuals Equally

Malwarebytes, a global leader in real-time cyber protection, released the findings of “The Demographics of Cybercrime” report, with non-profit partners, Digitunity and Cybercrime Support Network.


Digitunity is a nationally recognized non-profit dedicated to eliminating the technology gap and Cybercrime Support Network(CSN) is a 501(c)(3) whose mission is to serve individuals and small businesses nationwide that have been impacted by cybercrime.

New research uncovers that trends in cybercrime mirror the widening digital divide accelerated by the pandemic leaving lower income and vulnerable audiences disproportionally impacted. The report, which polled more than 5,000 people across the United StatesUnited Kingdom, and Germany, details how people experience cybercrime worldwide, demonstrating cybercrime does not impact everyone equally. In fact, the report illustrates that demographics impact how often individuals are targeted, as well as their emotional response to becoming a victim.

Overall analysis of data suggests disadvantaged groups facing barriers in society, such as those with lower incomes and lower education levels, feel less safe about their online experiences, are more likely to fall victim to an attack, and at times report experiencing a heavier emotional burden when responding to cyberattacks.

Depending on the type of cybercrime, certain groups report a higher likelihood of encountering threats online. For example, more women receive text messages from unknown numbers that include potentially malicious links than men (79 percent compared to 73 percent) and more Black people, Indigenous people, and People of Color (BIPOC) experience hacked social media accounts (45 percent compared to 40 percent) and instances of identity theft than White people (21 percent compared to 15 percent). Additionally, individuals aged 65 years or older have had their credit card information stolen more than anyone from a younger age group (36 percent).

After a year that has featured some of the largest cyberattacks in history, the report also examines the disparities between different audiences and how various types of online attacks affected their lives. The report also found respondents who identified as White are significantly more likely to feel safe online (44 percent vs. 38 percent for BIPOC respondents), while women feel the least safe online (35 percent reported they do not feel safe, compared to 27 percent of men).

“Understanding the impact that cybercrime has on vulnerable people (or populations), particularly women and minorities, across the world is critical as online access becomes essential to modern life. The disparity between populations feeling safe online and the emotional impact of threats on already vulnerable communities is unacceptable,” said Marcin Kleczynski, CEO of Malwarebytes. “The work Digitunity and Cybercrime Support Network are doing to educate and empower communities cannot be understated. As an industry, we need to work together to make safe internet access available to everyone, regardless of income or their ability to pay.”

“New adopters of technology, particularly those who may have been on the wrong side of the digital divide, are disproportionately more vulnerable to online threats and bad actors,” says Scot Henley, Executive Director of Digitunity. “Through our partnership with Malwarebytes, tens of thousands of devices made available to low-income families will be loaded with robust antivirus and antimalware protection. Having this critical layer of security will go a long way to ensure adoption and success.”

“As technology and internet accessibility become more entwined in our day-to-day routines, our financial and emotional lives are more significantly impacted by cybercrime,” says Robert Burda, Interim Chief Executive Officer at Cybercrime Support Network. “With a greater understanding of how the digital world impacts disadvantaged communities, we can provide better programs and resources that meet people where they are.”

As the world becomes more digitally connected, cyberthreats will continue to advance and become even more dangerous for underserved and under-resourced communities. Cybersecurity education and awareness around free tools, such as antivirus solutions, has the power to prevent online attacks and their emotional and financial consequences. In fact, the report exposed that of those who were attacked by ransomware, almost half were able to fix the issue with their antivirus or cybersecurity program.

To learn more about the findings from this report,visit:  https://www.malwarebytes.com/resources/2021-demographics-of-cybercrime  

Research findings are based on a survey conducted by Savanta Inc. Across the US, UK, and Germany between July 27 and August 9, 2021. For this study, 5,000 respondents were asked general questions around suspicious online activities. Respondents are recruited through a number of different mechanisms, via different sources to join the panels and participate in market research surveys. Results of any sample are subject to sampling variation.

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How Oil & Gas Companies Are Leveraging Emerging Technologies

How Oil & Gas Companies Are Leveraging Emerging Technologies

Tech-enabled asset management holds key for oil & gas upstream industry, says GlobalData

While the oil & gas sector began looking out for new technologies, adoption has historically been sluggish to go beyond operations. It is now attempting to make up for lost time and businesses are buckling up in terms of investigating and implementing new technologies. The timing seems ideal for digitally-enabled efforts to generate growth in this environment where the world is uncertain. As the sector tries to address its bottlenecks, companies expedite their adoption of technologies like AI, IoT, and analytics to make maximum gain with scanty losses.

GlobalData’s latest report, ‘Data is the new oil: how tech transformation can fuel efficiencies in oil & gas’  focuses on how the oil & gas sector is incorporating the use of emerging technologies to drive innovation and march towards a massive transformation.

 

Overview of Report: 

  • Theme Exposure: Presents the top themes impacting the sector over the last three years compared to other sectors.
  • Innovation Map: key real-world innovation use cases of emerging technologies implemented by enterprises and startups in the sector.
  • Innovation Insights: innovation examples by each value chain segment of the sector to present key trends.
  • Vendor Map: represents a sample list of vendors in each use case highlighted in the report.

Regardless of the asset type, the need of the hour is to implement emerging technologies to optimize oil recovery and maximize output, says GlobalData, a leading data and analytics company.

Abhishek Paul Choudhury, Disruptive Tech Analyst at GlobalData, comments: “Oil & gas companies are increasingly adopting intelligent automation and other digital enablers to synthesize large amounts of data and derive useful insights to ease complex field activities that have defined the upstream value chain. IoT technologies coupled with AI algorithms are in action to screen and discover optimal acreage options, improve subsurface modeling, and enhance drilling performance.”

Convergence of emerging technologies for predictive asset maintenance

US-based energy company KBC co-launched an AI-powered predictive maintenance system with domestic software company OLI that integrates KBC’s Petro-SIM simulation abilities with OLI Alliance Engine. The combined software solution creates a digital twin, which integrates the IoT and AI of entire assets across the system to help with real-time predictions on corrosion, scaling, and fouling for upstream oil & gas players.

IoT-enabled remote oilfield monitoring

American oilfield equipment supplier ‘Sensorfield’ developed IoT-based remote monitoring solutions to provide real-time, round-the-clock operational data of the oil wells. The solutions were developed to withstand the harsh weather conditions and leverage tech advancements to provide real-time data and alarms for tank levels, pressure and flow rates, compressor health, and location security.

AI-augmented production optimization

Equinor developed a machine learning model to analyze mud-gas data to predict the gas to oil ratio of wells as they are drilled. It is written in python and can be embedded into existing commercial petrophysics software. As it happens in real-time, it can act as an alert system when drillers are tapping into uneconomic pay zones.

Mr Paul concludes: “As global oil & gas operators look to 2022 budgets, they must balance investor expectations to grow volumes and revenues. This can only be mapped with judicious upstream technological adoption that can not only keep downtime at bay but also help explore the function’s true potential to improve yield sustainably while avoiding hazards.”

This press release was written using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis conducted by GlobalData’s team of industry experts.

 

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