Space Tech Industry Experts Applaud India’s Space Sector Reforms
A distinguished panel hosted at the Defence and Space Tech pavilion during the first day of Startup Mahakumbh 2025 brought together leaders from India’s burgeoning private space sector, highlighting that regulatory reforms have catalyzed growth, innovation, and global competitiveness. The Defence & Space Tech Pavilion is co-anchored by Dr Vinod Kumar, Director, Promotion Directorate, IN-SPACe, and Sanjay...
Siemens to establish global AI Manufacturing Technologies R&D Center for Battery Production in Canada
Highlights:
Investment of CAD$150 million (ca. €97 million) over five years
Center supports Canada’s strategy to advance national battery and EV ecosystem
Siemens will invest CAD$150 million (ca. €97 million) over five years to establish a Global AI Manufacturing Technologies Research and Development (R&D)...
The Future of Electric Vehicle PCBs: Materials, Manufacturing, and Market Growth
The electric vehicle (EV) industry is on a rapid rise, changing how we think about transportation and energy consumption. At the heart of this transformation lies an essential component: printed circuit boards (PCBs). These small yet crucial electronic circuits are key for the functionality and efficiency of electric vehicles. As we look ahead to 2025, understanding the...
Floating Wind Turbines Market Outlook 2034: Riding the Winds of Renewable Innovation
The global floating wind turbines market is set for explosive growth as the world transitions away from fossil fuels towards renewable energy. Valued at US$ 4.9 billion in 2023, the market is projected to skyrocket to US$ 83.4 billion by 2034, expanding at an impressive CAGR of 29.4% during the forecast period. This blog delves into the drivers behind...
Empowering Europe’s Workforce: Bridging the Talent Gap for Sustainable Growth
The semiconductor industry lies at the heart of Europe’s technological ambitions, powering breakthroughs in artificial intelligence, quantum computing, and advanced manufacturing. However, as the industry expands rapidly to meet surging global demand, the need for highly skilled workers is outpacing supply. According to the recently published ECSA Skills Strategy, Europe must train and hire tens of thousands of...
Southeast Asia Manufacturing Industry Growth to Drive Regional Software Solutions and Professional Services Spend to US$29.5 Billion by 2031
The Southeast Asia (SEA) region boasts a burgeoning manufacturing market, with countries witnessing robust growth in Manufacturing Value Add (MVA). For instance, Indonesia's MVA surged from over US$206 billion in 2020 to exceeding US$230 billion by 2023. According to ABI Research, a global technology intelligence firm, spending on manufacturing software solutions and services is projected to soar from...
IoT: a key ally for a more sustainable logistics industry
Connected devices are transforming logistics. Real-time tracking of goods, flow optimization, and warehouse automation have led to significant efficiency gains thanks to the Internet of Things (IoT). But at a time when corporate social responsibility is not only a customer demand but also a regulatory requirement, the IoT is proving to be – under certain conditions –...
Emerson and Tata Elxsi Lead Industry Dialogue on AI’s Transformative Role in Test and Measurement at Leadership Forum 2025
Emerson and Tata Elxsi co-hosted the Leadership Forum 2025, bringing together key decision-makers to explore how AI is transforming the future of test and measurement. Hosted at The Leela Palace, Bengaluru, the forum enabled discussions on next-gen validation systems, predictive diagnostics, and autonomous testing capabilities. With the theme 'Adding Intelligence to Test,' the event focused on how...
LANXESS completes sale of its Urethane Systems business to UBE Corporation
Specialty chemicals company LANXESS has completed the sale of its Urethane Systems business to Japanese UBE Corporation on April 1, 2025. UBE is a global manufacturer of chemical products and listed at the Tokyo Stock Exchange.
All relevant antitrust authorities had granted the necessary approvals for the transaction, which was announced in October 2024. With completion...
Milestone Systems Expands XPROTECT with Enhanced Cloud Integration, Advanced Vehicle Analytics
Milestone Systems, a leading provider of open platform video management software (VMS), announced the release of XProtect 2025 R1, featuring expanded cloud integration capabilities and advanced vehicle identification video analytics. This release demonstrates Milestone's commitment to platform accessibility and enhanced security features across its XProtect product line.
Extended Arcules Plugin Support Broadens Cloud Integration...