Industrial automation has begun a structural shift as value moves away from control and toward intelligence, according to a new report from Bain & Company, Industrial Automation: From Control to Intelligence. By 2030, nearly half of industry revenue is expected to rely on AI-enabled offerings, underscoring how value is shifting toward intelligence. Industrial automation is […] The post Nearly half of industrial automation revenue to rely on AI by 2030, Bain & Company finds appeared first on Web-Release.

    One of first grid investments under energy pillar of Egypt’s NWFE programme Financing includes European Union support Project will reduce annual carbon emissions by 22,584 tonnes of CO2 equivalent The European Bank for Reconstruction and Development (EBRD) is supporting Egypt’s transition to a green economy with a €200 million financing package for the Egyptian Electricity Transmission Company […] The post EBRD-backed grid investments pave way for greener Egypt appeared first on Web-Release.

    The European Bank for Reconstruction and Development (EBRD) is supporting the Palestinian private sector and households with an US$ 8 million (€6.9 million equivalent) loan to Cairo Amman Bank Palestine (CABP), to be provided under the EBRD’s Green Economy Financing Facility (GEFF). The financing for CABP will be on-lent to private sub-borrowers, including micro, small and […] The post EBRD and Cairo Amman Bank Palestine promote green investments in the West Bank appeared first on Web-Release.