Schneider Electric buys PTC for $22.6bn, tripling its software market
Schneider Electric is buying the US industrial software giant PTC in a deal that values PTC at around $22.6bn (€20.1bn). Schneider says that the… Read More
Schneider Electric is buying the US industrial software giant PTC in a deal that values PTC at around $22.6bn (€20.1bn). Schneider says that the… Read More
AI software is already influencing how industrial assets are maintained, processes are optimised, and workforce planning is transformed. Charlotte Smith, technical manager at SolutionsPT,… Read More
Schneider Electric is buying the industrial data and AI software supplier, Cognite for $3.1bn in cash. It says the acquisition will strengthen its… Read More
Fanuc, the Japanese supplier of industrial robots and factory automation systems, is collaborating with Nvidia to advance physical AI, which merges AI with… Read More
Omron Robotics and Safety Technologies has expanded its TM S series of collaborative robots with three new models. It has also issued a… Read More
Schneider Electric has released a report suggesting that closed industrial systems are eroding the competitiveness of mid-sized industrial companies, costing them an average of… Read More
Factories can’t compete on hardware alone anymore, argues Dr Hans Krattenmacher, chief innovation officer at SEW-Eurodrive. He explains why the next wave of manufacturing… Read More
Siemens has announced an electrical design package that it claims is the first in the IEC market to incorporate electrical knowledge and standards expertise,… Read More
Siemens and Accenture are forming a jointly-run business group that will employ 7,000 people helping industrial customers to develop software-defined products and factories,… Read More
Siemens has opened new US manufacturing facilities for electrical products in Fort Worth, Texas, and Pomona, California. The $285m investment is expected to create more… Read More