Browsing: Industrial

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.

The European Bank for Reconstruction and Development (EBRD) is strengthening Egypt’s industrial sector by lending US$ 20 million (€17.5 million) to Futurefert to support its capital expenditure programme. The EBRD financing will support the construction and operation of three interconnected plants – a sulphuric acid plant, a potassium sulphate plant and a single superphosphate plant – […] The post EBRD lends US$ 20 million to Futurefert in Egypt appeared first on Web-Release.

IFS, the leading provider of Industrial AI software, today announced the launch of IFS.ai Logistics, an AI-powered logistics intelligence platform purpose-built for enterprises operating complex, multi-carrier, multi-region transport networks. The new solution extends Industrial AI into the physical movement of materials and goods – the operational heartbeat of industrial enterprises worldwide. IFS already manages $2.4 […] The post IFS launches IFS.ai Logistics, transforming enterprise transport management with Industrial AI appeared first on Web-Release.

IFS, the leading provider of Industrial AI software, today announced the completion of its acquisition of Softeon, providing enterprises across manufacturing, logistics and retail access to a new category of supply chain technology. Operating as IFS Softeon, the move brings together IFS’s powerful Industrial AI capabilities with Softeon’s 20+ years of tier-1 warehouse management software […] The post IFS Completes Acquisition of Softeon, Creating a Powerhouse in End-to-End Supply Chain Intelligence appeared first on Web-Release.

The European Bank for Reconstruction and Development (EBRD) is supporting aluminium production in Egypt by providing a loan of up to €13.7 million to Alumil Misr for Trade & Industry SAE, the Egyptian subsidiary of ALUMIL SA. The EBRD’s financing will fund the construction and installation of a new aluminium extrusion line at the subsidiary’s […] The post Loan of up to €13.7 million for Alumil Misr will expand manufacturing capacity and boost industrial competitiveness appeared first on Web-Release.

His Majesty King Mohammed VI, may God assist Him, accompanied by HRH Crown Prince Moulay El Hassan, chaired on Friday at the Royal Palace in Casablanca the presentation and launch ceremony of the project to build a landing gear production factory for Safran in Nouaceur, a project that reinforces Morocco as a destination of choice […] The post HM King Mohammed VI Presides Over the Launch Ceremony of the Aircraft Landing Gear Production Plant Project, Representing an Investment of €280 million by the Safran Group in Morocco appeared first on Web-Release.

Gaw Capital Partners, a multi-asset investment management firm, and GFH Partners, a leading Dubai-based real estate investment firm specializing in thematic property solutions, announce to establish a UAE-focused industrial and logistics platform (the “Platform”) through a joint venture partnership. Gaw Capital will hold a majority stake in the joint-venture company, which will serve as a […] The post Gaw Capital Partners and GFH Partners Form JV to Develop UAE Industrial and Logistics Development Platform appeared first on Web-Release.

AVEVA, a global leader in industrial software, has initiated a dedicated three-year project with IMD Business School to conduct an in-depth programme of research focused on how organisations can tap into industrial intelligence to build, orchestrate and scale business ecosystems. Industrial Intelligence – the dynamic integration of data-driven insight, enhanced with industrial AI and human […] The post AVEVA announces new research collaboration with IMD exploring the role of industrial intelligence in capturing value from connected business ecosystems appeared first on Web-Release.

Lenovo, in partnership with Alat, the Human Resources Development Fund, and the Ministry of Industry and Mineral Resources, has launched a new talent development program in Saudi Arabia. The initiative will see 100 Saudi graduates seconded to Lenovo’s Riyadh manufacturing facility as well as other global facilities for advanced on-the-job experience, combining theoretical and practical […] The post Lenovo Launches Talent Program to Train Saudi Graduates in Smart Manufacturing, in Partnership with the Human Resources Development Fund, the Ministry of Industry and Mineral Resources, and Alat  appeared first on Web-Release.

IFS, the leading provider of Industrial AI software, today announced the release of IFS Cloud 25R2, applying the very latest in AI innovation to the realities of hardcore, industrial work. The release introduces powerful new agentic AI capabilities, including IFS Loops Digital Workers that think, decide, and act across systems, operating as integral members of […] The post IFS Cloud 25R2: Unlocking 10X Industrial Workforce Capacity with Digital Workers and Applied Industrial AI appeared first on Web-Release.