In order to stay relevant organizations need to constantly reinvent themselves and develop offers and solutions that cater to the needs of the consumers. They are realizing that shipping out a product and getting immediate consumer feedback is much better than waiting to first build that perfect product. This coined the term “Fail fast”. While […]
At the time of prototyping, ventilator splitters had not been FDA-approved under emergency use authorization as they currently are for hospital use. Splitter designs must overcome the challenge of providing consistent pressure and airflow to two or more patients with different lung capacities and respiratory needs. So as they continued prototyping, the design continued to […]
Amazon has acquired nine new utility-scale wind and solar energy projects in the U.S., Canada, Spain, Sweden and the U.K. The company now has 206 renewable energy projects globally – including 71 utility-scale wind and solar projects and 135 solar rooftops on facilities and stores – which will generate 8.5 GW of electricity production capacity. […]
Supermarket giant Woolworths has announced it spent AU$223 million to increase its shareholding in data science and analytics firm Quantium. Under the deal, Woolworths has increased its stake from 47% to 75%, while Quantium founders and team members retain 25%. Woolworths initially purchased a 50% share of Quantium in 2013 for approximately AU$20 million. Woolworths […]
Why food packagers need to trust AI – It is time for food packagers to embrace smart technologies A survey by McKinsey states that the adoption of automated technologies in the food and beverage industry is relatively slow compared to other sectors, with only 48 per cent of manufacturers considering themselves ready for Industry 4.0. […]
D. E. Shaw Renewable Investments (DESRI) announced the financial closing of Assembly Solar III, a 79-MW solar project in Lennon, Michigan. DESRI is moving forward with construction after securing both construction debt and tax equity financing for the project. The Assembly Solar III project is the third phase of the Assembly Solar project in Michigan to begin construction. […]
IBM reported better-than-expected first quarter earnings and showed revenue growth after posting declines throughout 2020. The company reported first quarter sales of $17.7 billion, up 1% from a year ago. Earnings were $1.06 a share and non-GAAP earnings per share were $1.77. Wall Street was expecting IBM to deliver first quarter revenue of $17.34 billion […]
The right finance to fit the situation: How manufacturing companies can adapt faster to change By continuing to use the site, you agree to the use of cookies. more information Accept The cookie settings on this website are set to “allow cookies” to give you the best browsing experience possible. If you continue […]
Kankakee River Solar Farm Clearway Energy Group announced the completion of its first Illinois community solar farm, expanding access to local and affordable renewable energy in the state. Clearway will energize the 3-MWDC Southland Solar Farm, just outside of Kankakee, and will complete eight more community solar farms in the coming months. Each of Clearway’s […]
J2 Global, a conglomerate of media and information services, Monday said it will split into two businesses, spinning off its Internet fax business to investors in a tax-free transaction as a new company, Consensus, while the bulk of the company, in media and e-commerce, will remain J2. The spin is expected to take affect by […]