Tag Archives: digitalization

Banco Santander Fuels Social Progress with EUR 166 Million Investment in Education and Crisis Relief

(IN BRIEF) Banco Santander has committed EUR 166 million in 2024 to a wide array of initiatives supporting education, employability, entrepreneurship, and financial literacy, impacting five million people across its operational regions. The investment, split between EUR 104 million for … Read the full press release

Infineon’s PSOC™ 4 MCU Family Unveils Multi-Sense Capabilities for Advanced Sensing and HMI Solutions

(IN BRIEF) Infineon Technologies has expanded its PSOC™ 4 microcontroller family with new Multi-Sense capabilities, incorporating inductive and liquid sensing technology. The PSOC 4000T, featuring Infineon’s fifth-generation CAPSENSE technology, offers a powerful combination of capacitive and inductive sensing for diverse … Read the full press release

AFRY Partners with Swedish Armed Forces and FMV in Major IT Consultancy Agreement to Strengthen Defense Digitalization

(IN BRIEF) AFRY has signed a new framework agreement with the Swedish Armed Forces and the Swedish Defence Materiel Administration (FMV) for IT consultancy services. This agreement, spanning three years with the potential for a four-year extension, involves providing services … Read the full press release

ABB Strengthens Leadership in Smart Building Solutions with Acquisition of Siemens’ Wiring Accessories Business in China

(IN BRIEF) ABB has successfully acquired Siemens’ Wiring Accessories business in China, enhancing its position in the smart building technologies sector. The acquisition, valued at over $150 million in revenue for 2024, adds a robust distribution network across 230 cities … Read the full press release

Ericsson and Qualcomm Achieve Key Milestone in 5G Railway Communications with Successful Interoperability Test

(IN BRIEF) Ericsson and Qualcomm Technologies have successfully completed an interoperability test for 5G railway communications using the n101 frequency band in Europe. This marks a major step in the development of the Future Railway Mobile Communication System (FRMCS), designed … Read the full press release

Nagarro Expands Partnership with Rhein-Neckar Löwen Handball Team as Official Digitalization Partner and Main Sponsor

(IN BRIEF) Nagarro is expanding its partnership with Rhein-Neckar Löwen, becoming the main sponsor and official digitalization partner for the upcoming season. The focus will be on enhancing fan engagement through the development of a club app and continuing to … Read the full press release

Amadix Secures €15 Million Loan from EIB to Expand Early Cancer Detection Solutions Across Europe and the U.S.

(IN BRIEF) Amadix, a Spanish biotech company focused on non-invasive blood tests for early cancer detection, has secured a €15 million loan from the European Investment Bank (EIB). This funding, backed by InvestEU, will support Amadix in advancing its blood … Read the full press release

Rheinmetall Secures Multi-Billion Euro Contract to Modernize Bundeswehr’s Communication Network

(IN BRIEF) Rheinmetall has secured a major contract to support the Bundeswehr’s digitalization initiatives by providing a deployable communication network, known as TaWAN LBO, under a multi-billion-euro framework agreement. The first call-off, worth €1.88 billion, will see the delivery of … Read the full press release

EBRD Appoints Fatoumata Bouaré as Vice President and Chief Risk Officer to Lead Risk Strategy and Expansion

(IN BRIEF) The EBRD has appointed Fatoumata Bouaré as Vice President and Chief Risk Officer, effective May 1, 2025. Ms. Bouaré, with extensive experience in both development and commercial banking, will oversee multiple departments and serve as a member of … Read the full press release

Infineon Technologies Predicts Gallium Nitride Will Revolutionize Energy Efficiency and Decarbonization Across Multiple Industries

(IN BRIEF) Infineon Technologies highlights the transformative potential of gallium nitride (GaN) in driving energy efficiency and decarbonization across industries such as AI, home appliances, electric vehicles, and robotics. The company anticipates rapid growth in GaN adoption, supported by its … Read the full press release

Naked Receives USD 4 Million Investment from DEG to Expand South Africa’s Digital Insurance Landscape

(IN BRIEF) Naked, South Africa’s fully digital insurance platform, has secured a USD 4 million equity investment from DEG to further its growth by enhancing automation, expanding its product offerings, and attracting more customers through targeted advertising. This is part … Read the full press release

TIMETOACT GROUP Expands Cloud Transformation Expertise with Acquisition of beBOLD Consulting

(IN BRIEF) TIMETOACT GROUP has acquired beBOLD, a consulting firm specializing in cloud transformation and digital innovation, marking another step in its strategy to expand its capabilities in cloud consulting. The acquisition strengthens TIMETOACT GROUP’s position in providing end-to-end cloud … Read the full press release

ABB India Celebrates 75 Years of Innovation and Sustainable Growth in India

(IN BRIEF) ABB India is celebrating 75 years of operations, having played a significant role in India’s industrial and technological development since its inception in 1949. The company has contributed to electrification, automation, and digitalization across sectors such as utilities, … Read the full press release

EIB Provides €70 Million Loan for Stadtwerke Reutlingen’s Infrastructure Investment

(IN BRIEF) Stadtwerke Reutlingen has received a €70 million loan from the European Investment Bank (EIB) to modernize its electricity grid and expand its district heating network as part of Germany’s energy transition. The loan will fund infrastructure upgrades, including … Read the full press release

BASF Unveils Eco-Conscious Beauty Formulations at Cosmet’Agora with Climate-Adaptative Solutions

(IN BRIEF) At Cosmet’Agora 2025 in Paris, BASF introduced new eco-conscious formulations under its Beyond Beauty initiative, focusing on hydration, cleansing, UV protection, and natural makeup. These climate-adaptive solutions use sustainable ingredients to meet the rising consumer demand for environmentally … Read the full press release

Siemens’ Fürth Plant Receives Recognition as Sustainability Lighthouse from World Economic Forum

(IN BRIEF) Siemens’ Fürth facility in Germany has been awarded the Sustainability Lighthouse designation by the World Economic Forum for its remarkable achievements in sustainable manufacturing. The plant has reduced energy consumption by 64% per throughput while increasing production by … Read the full press release

Alfa Laval Announces New Food Innovation Centre in Copenhagen to Drive Sustainable Food Production

(IN BRIEF) Alfa Laval has unveiled plans to open its Food Innovation Centre in Copenhagen, Denmark, by 2027. This new facility is part of the company’s capital investment strategy and aims to support the food industry in tackling the challenges … Read the full press release

Covestro Expands Polycarbonate Production in Ohio to Meet Growing Demand in North America

(IN BRIEF) Covestro is investing a low triple-digit million Euro sum to expand its operations in Hebron, Ohio, by adding multiple production lines for polycarbonate compounds and blends. This expansion will support the growing demand for high-quality materials in industries … Read the full press release

EIB Loan Fuels Zumtobel’s Push for Smart and Sustainable Lighting Innovation

(IN BRIEF) The European Investment Bank (EIB) has granted a €50 million loan to the Zumtobel Group to advance its research and development of innovative lighting solutions, focusing on energy-efficient and connected technologies for smart buildings and cities. With a … Read the full press release

ABB Partners with ESS to Revolutionize Automotive Paint Shop Operations

(IN BRIEF) ABB has partnered with Engineering Software Steyr GmbH (ESS) to revolutionize automotive paint shop operations through advanced simulation tools. The collaboration, which includes ABB taking a minority stake in ESS, will eliminate the need for prototyping, reduce operational … Read the full press release