Build automation

Global LiDAR Solution Industry Research 2024-2030: Integration of Cloud Based LiDAR Service and Focus on Proliferation of Miniaturized LiDAR Technology - ResearchAndMarkets.com

Retrieved on: 
Thursday, April 11, 2024
Software, Technology, Hardware, Other Technology, USD, Climate change, MEMS, Porter's five forces analysis, Miniaturization, AVS, AV, SWOT, Health, City, Research, Transport, 3D, Wind, Environment, Application, Algorithm, Farm, Topography, Private sector, Natural Resources, Build automation, Ageing, Surveying

The Global LiDAR Solution market showcased growth at a CAGR of 62.48% during 2020-2023.

Key Points: 
  • The Global LiDAR Solution market showcased growth at a CAGR of 62.48% during 2020-2023.
  • Innovations in laser technology, sensor miniaturization, and data processing algorithms have propelled LiDAR systems to new heights, making them more accessible and applicable across various sectors.
  • The global demand for infrastructure development, particularly in rapidly urbanizing regions, has fueled the need for LiDAR solutions.
  • As the AV industry expands, so does the demand for LiDAR sensors, driving growth in the LiDAR solutions market.

IDTechEx Discusses Why the SDV Market Will Be Worth US$700 Billion by 2034

Retrieved on: 
Monday, April 15, 2024
2600-series (CTA), Mastercard, Safety, IAA, JPMorgan Chase, Radio, SDV, Autopilot, Build automation, IPad, Radar, Software, Hardware, Partnership, Communication, OTA, Wi-Fi, ADAS, Research, Rat, Cloud computing, Karaoke, Ford Mustang Mach-E, DSRC, Collision avoidance system, Volkswagen, BMW, Ford, Infrastructure, Apple, Lidar, AEB, Online shopping

BOSTON, April 15, 2024 /PRNewswire/ -- The SDV and AI Cars market is set to be worth over US$700 billion by 2034, representing around 20% of the global car market, according to IDTechEx's "Software-Defined Vehicles, Connected Cars, and AI in Cars 2024-2034" report. That sum can be sourced from several areas, such as monthly connectivity subscriptions, commission from in-vehicle payments, and one-time software upgrades. Thanks to improvements in-car connectivity, onboard hardware capabilities, and a global shift in consumer preferences toward subscription models, the software-defined vehicle market is set to grow at 34% CAGR between 2023 and 2034.

Key Points: 
  • BOSTON, April 15, 2024 /PRNewswire/ -- The SDV and AI Cars market is set to be worth over US$700 billion by 2034, representing around 20% of the global car market, according to IDTechEx's " Software-Defined Vehicles, Connected Cars, and AI in Cars 2024-2034 " report.
  • In Europe, Ford charges only roughly €25 a month, depending on the country, demonstrating the variance and flexibility in SDV pricing.
  • Key aspects of the IDTechEx report:
    - An extensive discussion on how software is becoming a key differentiator for automakers and consumers.
  • For the full portfolio of autonomy market research available from IDTechEx, please see www.IDTechEx.com/Research/Autonomy .

IDTechEx Discusses Why the SDV Market Will Be Worth US$700 Billion by 2034

Retrieved on: 
Monday, April 15, 2024
2600-series (CTA), Mastercard, Safety, IAA, JPMorgan Chase, Radio, SDV, Autopilot, Build automation, IPad, Radar, Software, Hardware, Partnership, Communication, OTA, Wi-Fi, ADAS, Research, Rat, Cloud computing, Karaoke, Ford Mustang Mach-E, DSRC, Collision avoidance system, Volkswagen, BMW, Ford, Infrastructure, Apple, Lidar, AEB, Online shopping

BOSTON, April 15, 2024 /PRNewswire/ -- The SDV and AI Cars market is set to be worth over US$700 billion by 2034, representing around 20% of the global car market, according to IDTechEx's "Software-Defined Vehicles, Connected Cars, and AI in Cars 2024-2034" report. That sum can be sourced from several areas, such as monthly connectivity subscriptions, commission from in-vehicle payments, and one-time software upgrades. Thanks to improvements in-car connectivity, onboard hardware capabilities, and a global shift in consumer preferences toward subscription models, the software-defined vehicle market is set to grow at 34% CAGR between 2023 and 2034.

Key Points: 
  • BOSTON, April 15, 2024 /PRNewswire/ -- The SDV and AI Cars market is set to be worth over US$700 billion by 2034, representing around 20% of the global car market, according to IDTechEx's " Software-Defined Vehicles, Connected Cars, and AI in Cars 2024-2034 " report.
  • In Europe, Ford charges only roughly €25 a month, depending on the country, demonstrating the variance and flexibility in SDV pricing.
  • Key aspects of the IDTechEx report:
    - An extensive discussion on how software is becoming a key differentiator for automakers and consumers.
  • For the full portfolio of autonomy market research available from IDTechEx, please see www.IDTechEx.com/Research/Autonomy .

A Visionary Alliance: Star Robotics and Guident Redefine Possibilities with Strategic Partnership

Retrieved on: 
Tuesday, April 9, 2024
RMCC, Intelligence, Partnership, Mechanics, Electronics, Strategic partnership, Artificial intelligence, Robotics, Build automation, Safety, Control center

Star Robotics Autonomous Security robot with the Remote Monitor and Control Center in the background.

Key Points: 
  • Star Robotics Autonomous Security robot with the Remote Monitor and Control Center in the background.
  • Driven by a commitment to innovation, Star Robotics harnesses in-house developed modular technologies across mechanics, electronics, autonomous navigation, cloud, and artificial intelligence.
  • The Strategic Partnership aims to integrate Guident’s industry-leading AV remote monitoring, control, assistance, and support services with Star Robotics autonomous navigation, cloud, and artificial intelligence solutions.
  • Harald Braun, Executive Chairman and CEO at Guident, stated, "Since establishing our strategic partnership, we have been delighted to collaborate with the Star Robotics team on several projects.

Auve Tech Extends Reach to U.S. Market & Enhances Strategic Partnership with Guident Ltd

Retrieved on: 
Friday, April 5, 2024
RMCC, Partnership, Transport, BOCA, Build automation, Safety, Control center

In an innovative collaboration, Auve Tech has partnered with Guident to integrate its teleoperation solution into the MiCa autonomous shuttle, amplifying its safety features and augmenting Auve Tech's advanced autonomous technology.

Key Points: 
  • In an innovative collaboration, Auve Tech has partnered with Guident to integrate its teleoperation solution into the MiCa autonomous shuttle, amplifying its safety features and augmenting Auve Tech's advanced autonomous technology.
  • Johannes Mossov, Board Member at AuVe Tech OÜ, said:
    "With MiCa now officially 'landed' in the US for market entry, we are glad to join forces with Guident.
  • Harald Braun, Executive Chairman and CEO at Guident Ltd, stated:
    "Since establishing our strategic partnership, we have been thrilled to collaborate with the Auve Tech team on several projects.
  • We are particularly excited to achieve a significant milestone with Auve Tech's entry into the US market coupled with the integration of our advanced teleoperation technology.”

Guidehouse Insights Explores How Mapping and Routing Advances Support the Transition to EVs and Automated Vehicles

Retrieved on: 
Tuesday, April 9, 2024
EV, Smartphone, Original equipment manufacturer, EVS, AVS, Transition, Pedestrian, Research, Transport, Anxiety, Radar, AV, Build automation, HD, LDV, Satellite navigation device

BOULDER, Colo., April 9, 2024 /PRNewswire/ -- A new report from Guidehouse Insights explores how mapping and routing technologies support EV and automated vehicle (AV) development.

Key Points: 
  • BOULDER, Colo., April 9, 2024 /PRNewswire/ -- A new report from Guidehouse Insights explores how mapping and routing technologies support EV and automated vehicle (AV) development.
  • Originally seen as a luxury option for certain vehicles, mapping and routing software is now built into nearly every smartphone by default.
  • "EVs and AVs will be the standard sooner than most might expect," says Jake Foose, research analyst with Guidehouse Insights.
  • The report, Mapping and Routing Advances Support the Transition to EVs and Automated Vehicles , analyzes the market trends for EVs, AVs, and mapping and routing services.

Ocean Power Technologies, Inc. Announces Third Quarter Fiscal 2024 Results

Retrieved on: 
Wednesday, March 13, 2024
Transfer, Government, Conference, Letter, Net, Growth, OPT, CFO, Intelligence, Shareholder, Telephone, MDAS, Research, NOL, Controller, Carbon, Build automation, Ocean Power Technologies, Investment, AT&T, Primary energy, Court, Engineering

MONROE TOWNSHIP, N.J., March 13, 2024 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), today announced financial results for its fiscal third quarter ended January 31, 2024 (“Q324”), including year over year revenue, gross profit, and pipeline growth.

Key Points: 
  • MONROE TOWNSHIP, N.J., March 13, 2024 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), today announced financial results for its fiscal third quarter ended January 31, 2024 (“Q324”), including year over year revenue, gross profit, and pipeline growth.
  • The gross margin rate was 49.7% and 21.1%, for the nine months ended January 31, 2024, and 2023, respectively.
  • In February 2024, the Company received multiple orders for fully integrated WAM-V Unmanned Surface Vehicles (USVs) totaling over $1.25 million.
  • Operating expenses were $8.6 million in Q324, materially in-line with the second quarter of fiscal 2024 from and up from $6.8 million in Q323.

MercuryGate Named as a Challenger in the 2024 Gartner® Magic Quadrant™ for Transportation Management Systems

Retrieved on: 
Thursday, April 4, 2024
Professional Services, Logistics, Supply Chain Management, Sustainability, Convenience Store, Fleet Management, Packaging, Chemicals, Plastics, Automotive, Manufacturing, Home Goods, Trucking, Rail, Maritime, Air, Transport, Data Analytics, Supermarket, Online Retail, Software, Discount, Variety, Department Stores, Environment, Electronic Design Automation, Food, Beverage, Data Management, Cosmetics, Technology, Retail, Artificial Intelligence, Completeness, Magic, Intelligence, Last, Transportation management system, TMS, Research, First, Build automation, Carbon, Workflow, Publication, Transport law, Atmosphere, Machine learning, ETAS, MAGIC, Magic Quadrant, System integration

MercuryGate® International, Inc. , (MercuryGate) the largest dedicated transportation and logistics management solutions provider, has been recognized in the Challengers Quadrant for its Ability to Execute and Completeness of Vision in the recently released Gartner® Magic Quadrant™ for Transportation Management Systems report.

Key Points: 
  • MercuryGate® International, Inc. , (MercuryGate) the largest dedicated transportation and logistics management solutions provider, has been recognized in the Challengers Quadrant for its Ability to Execute and Completeness of Vision in the recently released Gartner® Magic Quadrant™ for Transportation Management Systems report.
  • The reviews are provided by current customers on their usage and implementation experiences with MercuryGate’s Transportation Management System (TMS) platform.
  • Gartner, Magic Quadrant for Transportation Management Systems, Brock Johns, 27 March 2024.
  • Gartner, Gartner Peer Insights ‘Voice of the Customer’: Transportation Management Systems, Peer Contributors, February 2023.

EVgo Welcomes Scott Griffith to Board of Directors

Retrieved on: 
Thursday, April 4, 2024
Environment, EV, Electric Vehicles, Alternative Vehicles, Fuels, Automotive, Technology, Green Technology, Vehicle Technology, Other Technology, Hughes Electronics, Innovation, Growth, EVS, Business, Advisory Council, EVgo, Entrepreneurship, Boeing, Electronics, Ford Motor Company, Sale, Artificial intelligence, AI, On2 Technologies, EY-Parthenon, Audit committee, MBA, University of Chicago, University, Build automation, Investment, Engineering, Carnegie Mellon University, Machine learning, Multimedia, Level 4, Compensated emancipation

EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced Scott Griffith has joined the EVgo Board of Directors (the “Board”), serving on the Nominating and Governance Committee, as well as the Audit Committee and Compensation Committee.

Key Points: 
  • EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced Scott Griffith has joined the EVgo Board of Directors (the “Board”), serving on the Nominating and Governance Committee, as well as the Audit Committee and Compensation Committee.
  • View the full release here: https://www.businesswire.com/news/home/20240403143172/en/
    Mr. Griffith joins EVgo’s Board with extensive experience in the mobility and automotive industry.
  • Mr. Griffith also has prior experience as an Executive in Residence at General Catalyst Partners, a venture and growth capital firm.
  • Mr. Griffith holds a BS in engineering from Carnegie Mellon University and an MBA from The University of Chicago Booth School of Business.

BrightDrive and SiMa.ai Announce Collaboration to Revolutionize Autonomous Driving Technology

Retrieved on: 
Tuesday, April 2, 2024
Software, Mobile, Wireless, Professional Services, Hardware, Start-Up, Technology, Automotive, Autonomous Driving, Vehicles, Artificial Intelligence, Semiconductor, Other Transport, Photography, Transport, Conference, Algorithm, Platform, Partnership, Embedded, Perception, Build automation, ASIL D, Booth, Safety, HW, Machine learning, ISO

BrightDrive, a leader in autonomous driving technology, today announced a strategic partnership with SiMa.ai, the software centric, embedded edge machine learning system-on-chip company, aimed at accelerating innovation in autonomous driving.

Key Points: 
  • BrightDrive, a leader in autonomous driving technology, today announced a strategic partnership with SiMa.ai, the software centric, embedded edge machine learning system-on-chip company, aimed at accelerating innovation in autonomous driving.
  • "This partnership marks the launch of the A-Sample of our advanced BrightDrive autonomous driving Platform, showcasing significant performance capabilities.
  • "Our collaboration with BrightDrive demonstrates our commitment to driving innovation in advanced driver assistance, from level 1 to level 5.
  • Together, BrightDrive and SiMa.ai are poised to redefine the future of autonomous driving technology, delivering solutions that are safer, more efficient, and scalable, transforming transportation as we know it.