Tag Archives: partnership

Deutsche Telekom’s Subsidiary Joins Aleph Zero’s Privacy-Enhancing Blockchain Network

(IN BRIEF) Deutsche Telekom’s wholly-owned subsidiary, Deutsche Telekom MMS, has announced its participation in the Aleph Zero network as a validator. The subsidiary has established validator nodes on both the mainnet and testnet of Aleph Zero’s privacy-enhancing layer 1 blockchain. … Read the full press release

Deutsche Telekom and T-Mobile US Launch T Challenge for AI-Driven Network and Customer Experience Solutions

(IN BRIEF) Deutsche Telekom and T-Mobile US have announced the launch of the fourth edition of the T Challenge, an international competition focused on harnessing artificial intelligence (AI) to enhance network management and customer experiences. Participants are invited to submit … Read the full press release

Lombard, Rigby Capital, and SCC Collaborate to Tackle Electronic Waste and Promote Sustainable Tech Solutions

NatWest Survey: UK Regional Business Activity Slows in July 2023, Employment Holds Steady while Inflation Trends Vary

(IN BRIEF) Lombard, the asset finance arm of NatWest Group, has joined forces with Rigby Capital and SCC to address the growing problem of electronic waste (e-waste). The collaboration aims to provide businesses with an end-to-end technology solution that improves … Read the full press release

Zurich Insurance Forms Strategic Alliance with Kotak Mahindra Bank in Indian Insurance Market

(IN BRIEF) Zurich Insurance Group has announced a significant strategic alliance with Kotak Mahindra Bank in India, with plans to acquire a 51% stake in Kotak Mahindra General Insurance Company for $488 million. This investment marks one of the largest … Read the full press release

Maersk Supply Service Implements Fleet Data IoT Platform for Battery Optimization and Emissions Reduction

(IN BRIEF) Maersk Supply Service, the offshore service provider, has adopted Inmarsat Maritime’s Fleet Data IoT platform to optimize the performance of its initial vessel battery installation on the Maersk Minder Offshore Supply Ship. This solution not only enables real-time … Read the full press release

Alfa Laval Establishes New Business Unit for Hydrogen Technologies and Invests in Innovation Center

(IN BRIEF) Alfa Laval, a global leader in heat transfer, centrifugal separation, and fluid handling, is launching a new business unit called “Business Unit Electrolyzer and Fuel Cell Technologies” to capitalize on opportunities in the hydrogen sector. Over the past … Read the full press release

Schneider Electric Completes Acquisition of Climate Consulting Leader EcoAct to Boost Net Zero Solutions

(IN BRIEF) Schneider Electric, a global leader in energy management and automation, has successfully finalized its acquisition of EcoAct SAS, an international leader in climate consulting and net-zero solutions based in Paris, France. This strategic move brings together two top-tier … Read the full press release

Swiss Financial Institutions Launch Groundbreaking Pilot for Tokenized Central Bank Money

(IN BRIEF) SIX, the Swiss National Bank (SNB), and six commercial banks are embarking on a pioneering pilot project called Helvetia Phase III, aimed at exploring the use of tokenized central bank money (wCBDC) for financial institutions. This initiative marks … Read the full press release

Accenture Expands Cybersecurity Reach in Spain with Acquisition of Innotec Security

(IN BRIEF) Accenture, a global technology and consulting firm, has acquired Innotec Security, a prominent cybersecurity-as-a-service company headquartered in Madrid, Spain. This acquisition enhances Accenture’s cybersecurity capabilities and presence in Spain. Innotec Security, previously owned by Entelgy Group, brings 500 … Read the full press release

Advansia, Part of AFRY, Secures Framework Agreements to Support Norway’s Power Grid Development

(IN BRIEF) Advansia, a subsidiary of AFRY, has been awarded two significant framework agreements aimed at facilitating the development and expansion of Norway’s power transmission network. Statnett, the state-owned enterprise responsible for the country’s power transmission system, is in the … Read the full press release

Origin by Ocean and AFRY Collaborate on Innovative Seaweed Biorefinery in Finland

(IN BRIEF) Finnish biotechnology start-up Origin by Ocean has teamed up with AFRY, a global engineering and advisory firm, to work on an ambitious project aimed at establishing an industrial-scale biorefinery in Finland. The collaborative effort focuses on refining seaweed … Read the full press release

ANDRITZ Reports Strong Q3 2023 Performance, Expands Green Hydrogen Presence

(IN BRIEF) In the third quarter of 2023, ANDRITZ, an international technology group, achieved substantial growth in revenue, earnings, and net income compared to the previous year. While the total order intake declined due to the absence of a large … Read the full press release

SAP Joins Stanford University’s HAI Corporate Affiliate Program to Advance Ethical and Trustworthy AI

(IN BRIEF) SAP SE has become a member of the Stanford University Human-Centered Intelligence (HAI) Corporate Affiliate Program. This collaboration will support Stanford HAI’s research, policy, and education initiatives focused on the responsible development and implementation of artificial intelligence (AI). … Read the full press release

Continental Expands Industrial Solutions with Acquisition of Conveyor and Maintenance Firm Vertech AB

(IN BRIEF) Continental has acquired Vertech AB, a conveyor and maintenance company located in Kiruna, Northern Sweden. Vertech AB specializes in servicing the conveyor industry in mining areas of Sweden and Norway. This acquisition is part of Continental’s strategy to … Read the full press release

Hexagon’s Geospatial Solutions Selected by Saudi Arabia for Vegetation Monitoring and Desertification Combat

(IN BRIEF) Hexagon’s Safety, Infrastructure & Geospatial division has been chosen by Saudi Arabia’s National Center for Vegetation Development and Combating Desertification (NCVC) to provide remote sensing solutions for monitoring and evaluating the country’s vegetation coverage. Saudi Arabia, with its … Read the full press release

Warwick University-Led Study Reveals Disparities in Emergency Care Wait Times for Frail and Elderly Patients in NHS Hospitals

(IN BRIEF) A recent study conducted by the University of Warwick in collaboration with the Society for Acute Medicine has exposed disparities in emergency care wait times between younger, healthier patients with straightforward medical issues and older, frailer patients with … Read the full press release

Accenture Completes Acquisition of ConcentricLife to Enhance Healthcare Marketing Capabilities

(IN BRIEF) Accenture has successfully finalized its acquisition of ConcentricLife, a prominent healthcare marketing agency known for its expertise in assisting Life Sciences brands in creating optimal brand experiences throughout various stages of the health journey. This strategic acquisition underscores … Read the full press release

Port of Tyne Launches 4G and 5G Private Network for Smart Port Innovations

(IN BRIEF) The Port of Tyne, one of the UK’s major ports, has introduced a 4G and 5G private network in collaboration with partners BT and Ericsson, marking the UK’s first site-wide deployment of 4G and standalone 5G connectivity for … Read the full press release

Metso Secures EUR 13 Million Orders for Anode Casting Shops from Copper Producers in Japan and China

(IN BRIEF) Metso has announced that it has received orders for three Outotec Anode Casting Shops from significant copper producers in Japan and China, with a total order value of EUR 13 million. These orders further strengthen Metso’s position as … Read the full press release

Ørsted Ceases Development of Ocean Wind 1 and 2 Projects, Proceeds with Revolution Wind Amid Impairments

(IN BRIEF) Danish renewable energy company Ørsted has made significant decisions regarding its US offshore wind portfolio. The company has chosen to discontinue the development of the Ocean Wind 1 and 2 projects due to supplier delays, changing assumptions, and … Read the full press release