Daily Archives: 12, June 2024

Bonprix Achieves Milestone in Digital Transformation with SAP BW/4HANA Integration

(IN BRIEF) Bonprix, a leading international fashion company, has successfully implemented SAP BW/4HANA and SAP Datasphere solutions, marking a significant step in its digital transformation journey. With a dynamic multi-cloud data landscape now in place, Bonprix aims to streamline operations, … Read the full press release

Countdown to Demerger: Cargotec Eyes June Registration, July Trading for Kalmar Shares

(IN BRIEF) Cargotec Corporation’s demerger plan, approved on February 1, 2024, is set to split its Kalmar business area into a new entity, Kalmar Corporation. Shareholders will receive demerger consideration in the form of new shares in Kalmar. Cargotec has … Read the full press release

Bolstering Cloud Security: Swisscom Launches Two Cutting-Edge Services for Businesses

(IN BRIEF) Swisscom introduces two new cloud security services, Cloud Security Governance and Cloud Security Protection, to address mounting concerns over data protection and compliance in the public cloud. These services aim to provide transparency, continuous monitoring, and real-time vulnerability … Read the full press release

SAS and Maxwell Centre at University of Cambridge Forge Groundbreaking Collaboration in Healthcare Innovation

(IN BRIEF) SAS and the Maxwell Centre at the University of Cambridge are teaming up to propel healthcare innovation with advanced analytics. This partnership aims to integrate SAS expertise and its SAS® Viya® data and AI platform into the University’s … Read the full press release

SAS Survey Reveals Barriers to GenAI Implementation in UK & Ireland

(IN BRIEF) The survey conducted by Coleman Parkes Research Ltd. for SAS in the UK & Ireland reveals a strong enthusiasm for generative AI (GenAI) among decision-makers, with 62% of organizations initiating its implementation. However, this enthusiasm is tempered by … Read the full press release

TotalEnergies Partners with Wood on $46M Contract to Enhance Energy Sustainability in Iraq

(IN BRIEF) Wood secures a $46 million contract over three years from TotalEnergies to provide engineering and consulting services for the Associated Gas Upstream Project in Iraq. The project aims to recover flared gas in the Basra region and includes … Read the full press release

Brazilian Pulp Giant Suzano Enters Partnership with Lenzing Group in Share Acquisition

(IN BRIEF) The Lenzing Group announces a significant partnership as its main shareholder, B&C Group, and Brazilian pulp producer Suzano S/A sign a long-term agreement regarding Lenzing’s majority stake. Suzano will acquire a 15 percent stake from B&C Group, marking … Read the full press release

University of Helsinki Study Uncovers Alarming Link Between Periodontitis and Stroke in Younger Individuals

(IN BRIEF) A recent study led by the University of Helsinki reveals a concerning link between periodontitis and stroke risk in individuals under 50 years old without known predisposing factors. The severity of periodontitis correlates with the severity of stroke, … Read the full press release

University of Warwick’s Torch Relay Sparks Excitement as Grand Finale Draws Near

(IN BRIEF) The Flame of Friendship Torch Relay, a collaborative effort between the University of Warwick and 63 Coventry schools, is approaching its culmination on 8th July, with less than 20 stops remaining. Since its inception, the relay has visited … Read the full press release

Henkel Expands IIoT Offerings with Cutting-Edge Equipment Monitoring and Leak Detection Solutions

(IN BRIEF) Henkel expands its IIoT Loctite Pulse portfolio with two innovative solutions, Smart Rotating Equipment Monitoring and Smart Pipes and Tanks Leak Detection, aimed at enhancing industrial operations’ reliability, efficiency, and sustainability. Leveraging advanced sensor technology and over 70 … Read the full press release

EIF and MDB Collaboration to Foster Economic Development and Job Creation in Malta

(IN BRIEF) The European Investment Fund (EIF), in collaboration with the Malta Development Bank (MDB), is set to provide guarantees totaling €20 million to support small and medium-sized enterprises (SMEs) and small mid-caps in Malta. These guarantees, backed by InvestEU, … Read the full press release

Alstom to Revolutionize Bengaluru Metro with Advanced CBTC Signalling System

(IN BRIEF) Alstom, a global leader in smart mobility solutions, has secured a significant contract with Bengaluru Metro Rail Corporation (BMRCL) for Phase 2 expansion. Valued at 96.2 million euros, the contract includes implementing a fully automated CBTC signalling system … Read the full press release

Atos Subsidiary Eviden Collaborates with Microsoft to Expedite SAP S/4HANA Migration

(IN BRIEF) Atos Group’s subsidiary, Eviden, announces a strategic collaboration with Microsoft to accelerate the adoption of “RISE with SAP” on Microsoft Azure. This partnership aims to establish a Dedicated Service Unit within Eviden, leveraging their combined expertise to facilitate … Read the full press release

“Other Side of Hope/9 days” Exhibition and Performance Opening in Paris

(IN BRIEF) A groundbreaking group exhibition curated by Dr. Wumen Ghua is set to open on Thursday, June 20, 2024, coinciding with the summer solstice in the northern hemisphere. Titled “Other Side of Hope/9 days,” the exhibition will take place … Read the full press release

University of Bristol Earns Top 100 Spot in Times Higher Education Impact Rankings

(IN BRIEF) In a significant achievement for the University of Bristol, the institution has secured a place in the top 100 in its debut entry into the Times Higher Education (THE) Impact Rankings. These rankings, which assess over 2,000 leading … Read the full press release

Dispatch, Eneco Collaborate on Groundbreaking Battery Energy Storage System for Renewable Energy in Dordrecht, Netherlands

(IN BRIEF) Dutch battery developer Dispatch is embarking on a groundbreaking project to construct the Netherlands’ largest stand-alone Battery Energy Storage System (BESS) in Dordrecht. This 45MW/90MWh utility-scale BESS aims to store surplus energy from renewable sources for grid stabilization, … Read the full press release

Skanska Sells Hørkær Have Project in Denmark to NREP for DKK 737M

(IN BRIEF) Skanska has sold the Hørkær Have multi-family rental project in Herlev, Denmark, to NREP for DKK 737 million. The project, spanning 22,720 square meters, will feature 264 rental apartments with associated parking spaces, all equipped for electric car … Read the full press release

Merck’s Darmstadt Expansion: New €62 Million Facility to Elevate Quality Standards in Life Science

(IN BRIEF) Merck is investing €62 million in a new quality control facility at its Darmstadt headquarters as part of a larger €1.5 billion investment program. Scheduled for completion by mid-2025, the state-of-the-art facility will consolidate 135 employees into a … Read the full press release

Caldic’s Nordic Expansion: Partners with AFRY for New Facility in Jägersro to Boost Sustainable Ingredient Production

(IN BRIEF) Caldic, a global ingredient provider, is consolidating its Nordic factories and headquarters into a new facility in Jägersro, Sweden, with a focus on sustainability. AFRY, having delivered initial designs, is tasked with implementing production processes for the new … Read the full press release

Dr. Rebecca Koch to Spearhead Cultural Transformation at Nemetschek Group as Chief People Officer

(IN BRIEF) Dr. Rebecca Koch’s appointment as Chief People Officer (CPO) at Nemetschek Group marks a strategic move towards enhancing the organization’s global people organization strategy. With her extensive experience in international business and HR leadership roles, Dr. Koch is … Read the full press release

Banking on Climate Resilience: BIS and MAS Launch Project Viridis to Navigate Financial Risks

(IN BRIEF) Project Viridis, a collaborative effort between the Bank for International Settlements (BIS) and the Monetary Authority of Singapore (MAS), introduces a groundbreaking blueprint for integrating regulatory frameworks with climate data to address climate-related financial risks. The initiative, outlined … Read the full press release

SWIFTT: A Copernicus-based forest management tool to map, mitigate, and prevent the main threats to EU forests

The solution will increase forest management productivity and cost-effectiveness, and enable forest managers, authorities, and policymakers to deal with forest threats proactively (IN BRIEF) Insect outbreaks, wildfires, and windthrow pose significant threats to European forests, exacerbated by climate change-induced extreme … Read the full press release

WickedBet Unveils Exciting Euro 2024 Promotion with Boosted Odds

(IN BRIEF) WickedBet introduces a special promotion for Euro 2024, offering enhanced odds on selected matches throughout the tournament from June 14th to July 14th. Each day, WickedBet will spotlight a match, boosting the odds on either game outcomes or … Read the full press release