IIOT

Parsec Recognized for Data Technology Innovation in Fifth Annual Data Breakthrough Awards Program

Retrieved on: 
Thursday, April 11, 2024

Parsec Automation Corp today announced that its manufacturing execution system (MES), TrakSYS™, has been named “Overall Data Technology Innovation of the Year” in the fifth annual Data Breakthrough Awards program conducted by Data Breakthrough , an independent market intelligence organization that recognizes the top companies, technologies, and products in the global data technology market today.

Key Points: 
  • Parsec Automation Corp today announced that its manufacturing execution system (MES), TrakSYS™, has been named “Overall Data Technology Innovation of the Year” in the fifth annual Data Breakthrough Awards program conducted by Data Breakthrough , an independent market intelligence organization that recognizes the top companies, technologies, and products in the global data technology market today.
  • TrakSYS was recognized, in part, for its ability to make the management of manufacturing operations as simple as possible.
  • “Parsec is honored by the recognition, which is emblematic of our commitment to customer success,” said Eddy Azad, founder and CEO of Parsec.
  • Manufacturers need insights and tools to help run their business - they don’t need an endless technology project or inflexible out-of-the-box functionality,” said Steve Johansson, Managing Director, Data Breakthrough.

VoltServer Achieves Cisco Select Developer Status

Retrieved on: 
Monday, April 15, 2024

EAST GREENWICH, R.I., April 15, 2024 /PRNewswire/ -- VoltServer, a leading provider of Digital Electricity™ (DE), Fault Managed Power solutions, has attained Cisco Select Developer status. This accomplishment demonstrates VoltServer's expertise and solidifies its position as a trusted and valued collaborator within the industry.

Key Points: 
  • EAST GREENWICH, R.I., April 15, 2024 /PRNewswire/ -- VoltServer, a leading provider of Digital Electricity™ (DE), Fault Managed Power solutions, has attained Cisco Select Developer status.
  • The collaboration between VoltServer and Cisco opens new opportunities for both companies to drive innovation in efficient and sustainable power delivery solutions.
  • The attainment of Cisco Select Developer status marks a significant milestone for VoltServer as they continue their 10-year deployment history as the industry's pioneering leader in Fault Managed Power, via their Digital Electricity platform.
  • For more information about VoltServer and its innovative power delivery solutions, please visit voltserver.com.

The Industrial Dust Collector Market to Surpass Revenue of Over $10.43 Billion by 2029, Application of Metalworking Fueling Market Expansion - Arizton

Retrieved on: 
Tuesday, March 5, 2024

The global metalworking industrial dust collector market is witnessing steady growth, with a projected value of $1.97 billion by 2029, growing at a CAGR of 5.04%.

Key Points: 
  • The global metalworking industrial dust collector market is witnessing steady growth, with a projected value of $1.97 billion by 2029, growing at a CAGR of 5.04%.
  • Different industrial dust collectors are available for various metalworking applications, including cartridge collectors for fine dust, cyclones for heavy dust loads, and wet scrubbers for flammable or explosive dust.
  • The industrial dust collector market in APAC is expected to witness a CAGR of 4.70% during the forecast period.
  • Precise estimation of market size: Accurate assessments of the industrial dust collector market size and its contribution and focusing on key market segments.

The Industrial Dust Collector Market to Surpass Revenue of Over $10.43 Billion by 2029, Application of Metalworking Fueling Market Expansion - Arizton

Retrieved on: 
Tuesday, March 5, 2024

The global metalworking industrial dust collector market is witnessing steady growth, with a projected value of $1.97 billion by 2029, growing at a CAGR of 5.04%.

Key Points: 
  • The global metalworking industrial dust collector market is witnessing steady growth, with a projected value of $1.97 billion by 2029, growing at a CAGR of 5.04%.
  • Different industrial dust collectors are available for various metalworking applications, including cartridge collectors for fine dust, cyclones for heavy dust loads, and wet scrubbers for flammable or explosive dust.
  • The industrial dust collector market in APAC is expected to witness a CAGR of 4.70% during the forecast period.
  • Precise estimation of market size: Accurate assessments of the industrial dust collector market size and its contribution and focusing on key market segments.

Global Smart Manufacturing Trends Report 2023: ESG, Software System Consolidation, Platform Strategy, Cloud-based Approach, Modularization, Smart Manufacturing Offerings, Growth Opportunities

Retrieved on: 
Friday, January 5, 2024

DUBLIN, Jan. 5, 2024 /PRNewswire/ -- The "The Extent of Smart Manufacturing - Global Trends" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 5, 2024 /PRNewswire/ -- The "The Extent of Smart Manufacturing - Global Trends" report has been added to ResearchAndMarkets.com's offering.
  • To thrive, they need to be agile in an increasingly disruptive world while meeting their business and operational objectives.
  • The use of AI, ML, cloud, AR, VR, IIOT, digital twins, robotics, and advanced analytics helps manufacturers address specific challenges.
  • Companies are moving their industrial applications to the cloud - a cloud-based smart manufacturing platform strategy helps consolidate software systems and enables effective digital transformation.

The Extent of Smart Manufacturing: Global Trends Report 2023 - A Disruptive Business Environment and an Increasingly Digital Economy Necessitate Smart Manufacturing - ResearchAndMarkets.com

Retrieved on: 
Thursday, January 4, 2024

The "The Extent of Smart Manufacturing - Global Trends" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "The Extent of Smart Manufacturing - Global Trends" report has been added to ResearchAndMarkets.com's offering.
  • To thrive, they need to be agile in an increasingly disruptive world while meeting their business and operational objectives.
  • The use of AI, ML, cloud, AR, VR, IIOT, digital twins, robotics, and advanced analytics helps manufacturers address specific challenges.
  • Companies are moving their industrial applications to the cloud - a cloud-based smart manufacturing platform strategy helps consolidate software systems and enables effective digital transformation.

India Smart Manufacturing (Industry 4.0) Market Report 2023: India Embraces Industry 4.0 with 'Smarth Udyog Bharat 4.0' Initiative

Retrieved on: 
Tuesday, January 2, 2024

DUBLIN , Jan. 2, 2024 /PRNewswire/ -- The "Smart Manufacturing (Industry 4.0) Market in India 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN , Jan. 2, 2024 /PRNewswire/ -- The "Smart Manufacturing (Industry 4.0) Market in India 2023" report has been added to ResearchAndMarkets.com's offering.
  • The IoT in the manufacturing market in India was valued at INR 422.57 Bn in FY 2022.
  • A strong IoT in the manufacturing market will contribute to the adoption of smart manufacturing in India.
  • With the change in the Industry 4.0, automation of conventional manufacturing, and industrial practices, COVID-19 boosted digital manufacturing in India.

Inpixon Announces Record Date and Details for Subsidiary Spin-off and its Planned Business Combination with Damon Motors

Retrieved on: 
Thursday, December 14, 2023

PALO ALTO, Calif., Dec. 14, 2023 /PRNewswire/ -- Inpixon® (Nasdaq: INPX) today announced that its board of directors has set December 27th, 2023 as the record date ("Record Date") for determining the holders of Inpixon's outstanding capital stock and certain other securities (the "Record Date Securityholders") entitled to the distribution of all the outstanding shares of Grafiti Holding Inc. ("Grafiti") owned by Inpixon (the "Spin-off Shares") in connection with its previously announced spinoff ("Spin-off").  

Key Points: 
  • The Spin-off is required to be completed prior to the planned business combination between Grafiti and Damon Motors, Inc. ("Damon"), the maker of the acclaimed HyperSport electric motorcycle ("Business Combination").
  • Nadir Ali, CEO of Inpixon said, "I'm pleased to report we are making progress with the planned Spin-off and the anticipated business combination of Grafiti with Damon.
  • Inpixon expects that there will be no public trading market for the shares of Grafiti until or unless the Business Combination is consummated.
  • Inpixon may elect to change the Record Date for the Spin-off to a later date or to not proceed with the distribution.

Inpixon Announces Planned Spin-off and Merger of SAVES UK Business with Damon Motors Inc., Makers of the Award Winning HyperSport Electric Motorcycle, and Plans for Nasdaq Listing of Combined Company

Retrieved on: 
Monday, October 23, 2023

PALO ALTO, Calif., Oct. 23, 2023 /PRNewswire/ -- Inpixon® (NASDAQ: INPX) today announced that it has signed a definitive agreement under which its wholly owned subsidiary, Inpixon Ltd., a division of Inpixon's statistical analytics and visualization for engineering and sciences (SAVES) business based in the United Kingdom ("Inpixon UK"), will be acquired by private Canadian company, Damon Motors Inc. ("Damon"), a British Columbia company, and the maker of the acclaimed HyperSport electric motorcycle (the "Business Combination"). The Damon HyperSport is expected to be one of the safest, smartest, and most powerful motorcycles available in the market. Damon concurrently announced that it has obtained approximately $85 million in pre-production consumer reservations for its motorcycles. The enterprise value of Damon was ascertained by Inpixon's independent financial advisory firm to be within the range of $224 million and $284 million.

Key Points: 
  • The Damon HyperSport is expected to be one of the safest, smartest, and most powerful motorcycles available in the market.
  • Damon concurrently announced that it has obtained approximately $85 million in pre-production consumer reservations for its motorcycles.
  • The enterprise value of Damon was ascertained by Inpixon's independent financial advisory firm to be within the range of $224 million and $284 million.
  • Inpixon believes that pursuing these opportunities will offer multiple opportunities for its shareholders to maximize the value of their investment in Inpixon.

Global Robotic Welding Market 2023 Dominated by Key Players ABB, Kawasaki Heavy Industries, Yaskawa Electric and Fanuc

Retrieved on: 
Friday, August 4, 2023

The global robotic welding market was valued at US$6.01 billion in 2022.

Key Points: 
  • The global robotic welding market was valued at US$6.01 billion in 2022.
  • Robotic welding is the process of using robotic arms to automate the welding process.
  • Therefore, increasing penetration of hybrid welding processes is expected to boost the growth of global robotic welding market in the upcoming years.
  • Global robotic welding market is midly consolidated with major players acquiring majority of the market share and increasing number of regional and local players worldwide catering to the local demand and engaging in various research & development activities and initiatives to develop and deploy new and more efficient products in the robotic welding market.