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Transformation & Innovation

powered by Industry Intelligence, Inc.

August 09, 2022

Latest

Disruptive Innovation

Argentinian students develop satellite that can detect areas at risk of forest fires; Misión Espacial Satelital Sur Init (MESSI) wins scientific recognition after group addresses Cansat/Conae challenge of a launchable payload no bigger than a soda can
CE Noticias Financieras (07/29)

Smart Manufacturing/Smart Factory

Michigan Economic Development Corporation grants 23 small manufacturers around Michigan a total of nearly US$500,000 to help them adopt Industry 4.0 technologies; grants will cover additive manufacturing, AI, cybersecurity, robotics and automation, more
US Official News (08/02)

Massachusetts-based Cybernetix Ventures launches US$50.0M global fund for early-stage robotics, automation, AI companies; Fund I to focus on pre-seed, seed, Series A investments in robotics solutions for manufacturing, logistics, construction, healthcare
Robotics and Automation News (07/28)

Vetropack modernizing facilities in Croatia and Austria for base glass manufacturing; company also building a plant in Italy that will feature smart technology for production and logistics, and plant will go into operation in 2023
Contify Retail News (07/27)

Karl Mayer introduces digital textile machine HKS 3-M ON to produce knitted fabrics without needing pattern discs; high-speed machine can download 3D lapping data from KM.ON cloud, change articles in seconds without mechanical intervention
Karl Mayer Textilmaschinenfabrik GmbH (07/27)

Bioeconomy

Sichuan University researchers develop PP membrane for 'high-efficiency' oil, water emulsion separation driven by self-gravity; non-polar membrane has hydrophilic modification via tannin, titanium nanostructured coating, separation efficiency up to 99.20%
Polymer Engineering and Science (07/27)

New Market/Market Expansion

All4Labels Global Packaging Group acquires Spanish label converting company Relieves Egara, which will become subsidiary of All4Labels, retain its management team; acquisition is part of company's long-term strategy to develop Iberian market
All4Labels Global Packaging Group (08/08)

FedEx expands partnership with AI-enabled robotics company Berkshire Grey for product development across enterprise; courier also to deploy Berkshire Grey's Robotic Product Sortation and Identification systems at additional facilities over next 12 months
Global Data Point (08/08)

Direct freight company LaneAxis launches crowdfund campaign to raise US$20M to expand outbound call center as well as marketing and sales teams; company offers a broker-free experience and direct pay between shippers, carriers on a blockchain network
EIN Presswire (08/05)

Delivery, payments company Waitr to change name to ASAP, shifts to ‘deliver anything' business model; company also expands into new vertical via partnership with Rebel Convenience Stores, whose locations span from California to the East Coast, Florida
Business Wire (08/04)

All4Labels Global Packaging acquires Spanish converter Graficas Indetic, which makes decorative self-adhesive labels, shrink sleeves, to help build its business in Iberian market; Graficas' current management team will continue to run business
All4Labels Global Packaging Group (08/04)

Black-owned US kiosk company Popcom debuts PopShop Local, which uses facial recognition, blockchain technology to offer local products, boost discoverability of e-commerce brands; company says it wants kiosks to be the 'Redbox of the travel industry'
Electronic Urban Report (08/02)

Asset-based 3PL Fox Logistics deploys marketing agency Trust Relations to promote newly acquired AI-powered freight automation platform Boxton; platform adds over 150 global customers to FL's portfolio, expands offerings to small-, medium-sized businesses
PR Web (08/02)

Transformation - Market

E-Cigarette Summit 2022 in Washington, DC highlights efforts among players such as Philip Morris, to rebrand, shift away from cigarettes; company's Latin America specialists note reduced-harm products are best answer for people who would not quit smoking
CE Noticias Financieras (08/02)

Transformation - Company

Durst Group's Tau RSCi inkjet label printer has been game changer for Indiana-based Accu-Label, which added press in mid-2021 to drive its transformation from flexo to digital; press halved costs for consumables, print speed is up to five times higher
Durst Group AG (07/28)

Henkel launches redesigned global corporate brand identity; integrated brand architecture creates a clear interaction between the corporate brand and two future business units--Adhesive Technologies and Consumer Brands--product brands and all initiatives
Henkel AG & Co. KGaA (07/28)

Newly formed Waldencast Plc will be led by CEO Michel Brousset and Chief Growth Officer Hind Sebti, with Felipe Dutra as Executive Chairman; Obagi CEO Jaime Castle and Milk Makeup CEO Tim Coolican will continue to lead their respective brands
GlobeNewswire (07/28)

Obagi Skincare, Milk Makeup and Waldencast complete business combination; combined company will now operate as Waldencast Plc, will begin trading on Nasdaq under the symbol 'WALD' starting July 28
GlobeNewswire (07/28)

Waldencast shareholders vote to approve business combination with skin-care brand Obagi and makeup and skin-care brand Milk Makeup; combination is expected to close on or around July 27
GlobeNewswire (07/26)

 Digital

Artificial Intelligence/ Machine Learning/ Robotics

UK-based drinks manufacturing, warehousing and distribution facility The Park develops method that reduces stretch wrap by 50% for pallets of canned products; method involves a paper layer pad and the manipulation of friction using robots
MarketLine (08/08)

Argentinian beauty brand Advanced Cosmeceutical Formulations will integrate Perfect Corp.'s AI-powered Skin Diagnostic technology to provide ACF consumers with an instant skin evaluation on mobile devices, personalized product recommendations
Business Wire (08/08)

U.S. Patent and Trademark Office Receives Toyota Research Institute's Patent Application for Systems and Methods for Updating the Parameters of a Model Predictive Controller with Learned Operational and Vehicle Parameters Generated Using Simulations and M
Automobile Patent News (08/06)

U.S. Patent and Trademark Office Publishes Toyota Research Institute's Patent Application for Systems and Methods for Updating the Parameters of a Model Predictive Controller with Learned External Parameters Generated Using Simulations and Machine Learnin
Automobile Patent News (08/06)

Baird: Amazon's deal to buy Roomba maker iRobot for US$1.7B shows it continues to put the pieces together for fully-integrated smart home, which includes smart appliances, smart speakers, smart plugs, smart thermostats, smart lightbulbs, smart doors/locks
FinancialPress (08/05)

Augmented/Virtual Reality/Visualization

Patent Issued for Mobile augmented reality system (USPTO 11393173)
Defense & Aerospace Daily (08/04)

Colgate is most chosen personal-care brand worldwide, according to Kantar Worldpanel 2022 Brand Footprint, followed by Lifebuoy, Dove, Sunsilk, Lux and Head & Shoulders; L'Oreal had notable growth in online adoption, led by digital try-on success in China
CosmeticsDesign-Europe (08/04)

US Patent Issued to Intel on Aug. 2 for "Methods and apparatus to transition between 2D and 3D renderings of augmented reality content" (Oregon Inventors)
U.S. Fed News (08/03)

Ulta Beauty launches Prisma Ventures, a digital innovation fund set to invest US$20M in technology startups; companies will be involved in data-driven personalization, AR/VR and metaverse, social commerce, tech-powered custom beauty and in-store services
Business Wire (08/03)

TGI Fridays expands agreement with Creating Culinary Communities to include Matt Stonie’s Stonie Bowls and Krispy Rice and Kumi among its slate of virtual restaurant partnerships
Nation's Restaurant News (08/02)

Digitalization

Voith's OnView.MassBalance displays losses in stock preparation in real time to further increase sustainability, efficiency of paper production; digital tool allows operators to take earlier countermeasures, has demonstrated 2% improvement in total yield
Voith GmbH & Co. KGaA (08/03)

Blockchain/ Distributed Ledger

Patent Issued for Blockchain configuration history for aircraft maintenance, modification, and activity tracking (USPTO 11393266)
Defense & Aerospace Daily (08/03)

Global recycling consortium Corsair Group launches blockchain network CSR Plastic Credits, releasing 10 CSR credits for every 'kilo' of plastic waste removed from environment; credits are similar to carbon trading, can be traded on four digital exchanges
Accesswire (07/27)

US Endowment, Michigan State University to develop ForesTrust, a blockchain network to track wood and fiber from forest to consumer; Forest Service awards US$250,000 for project, which will incorporate MSU work to track stored carbon through value chain
U.S. Endowment for Forestry & Communities Inc. (07/26)

Cloud Computing

US National Science Foundation announces US$25.4M in awards to advance cybersecurity efforts; North Carolina State University project to focus on open-source supply chain security, Indiana University project to focus on distributed confidential computing
US Official News (08/02)

Data Management/Analytics/Privacy

AMERIPEN says most effective approach for EPA to offer in terms of recycling education is helping coordinate for MRF-sheds and across the US to help harmonize practices, reduce consumer confusion; AMERIPEN also suggests leveraging AI for data insights
Targeted News Service (08/02)

Cybersecurity & Cyberspace Operations

Microsoft announces two new security solutions--Defender Threat Intelligence, Defender External Attack Surface Management; company notes the new threat intelligence offerings help security teams accelerate the identification and prioritization of risks
Microsoft Corp. (08/02)

Tenet Healthcare reports Q2 GAAP net income down at US$38M from US$120M a year ago, with net operating income down 6.4% year-over year to US$4.6B; April cybersecurity incident impacted Q2 adjusted EBITDA by US$100.0M
Tenet Healthcare Corp (07/29)

Report shows 30% of workers don't understand importance of cybersecurity; organizations can enhance training for it by rewarding workers for their awareness rather than punishing them, tailoring training to account for user roles, incentives and behaviors
VentureBeat (07/26)

 Manufacturing

Process Improvement/Operational Design

Commentary: Officials from refill businesses Unpackaged, Good Club on Tesco ending its Loop packaging-free trial; reuse systems need to standardize packs in order to contain costs and create efficiencies, and a £1 deposit may not be the correct amount
Grocer (08/05)

Operations snapshot: IP's cost-saving program, Building a Better IP, delivers US$65M in Q2 for US$105M total through H1--set to reach high end of full-year target of US$200M-US$225M; Q2 input costs of US$100M 'higher than expectations,' will persist in Q3
Industry Intelligence Inc. (08/04)

Ahlstrom-Munksjo's Aspa Bruk specialty pulp mill in Sweden orders two SPM Intellinova Parallel EN systems to monitor mechanical and lubrication condition of pulp dryer, wood chipper; systems will help avoid unplanned stops, breakdowns, maximize production
Ahlstrom-Munksjö Oyj (08/04)

Ence's pulp business continues progress in its 'Navia Excelencia' project to promote sale of its differentiated products, such as Naturcell and Powercell pulps, diversify production toward fluff pulp for absorbent hygiene products, advance decarbonization
ENCE Energia y Celulosa SA (07/26)

Georgia-Pacific rolling out VR safety training at its manufacturing facilities, with two training experiences developed, remainder to be complete by year-end; VR experiences immerse employees in real-world scenarios with 360-degree view of their workspace
Georgia-Pacific LLC (07/26)

Efficiency

Researchers Submit Patent Application, 'Systems And Methods For Workflow To Perform Well Logging Operations Tracking And Efficiency Assessment', for Approval (USPTO 20220229200)
Energy Business Daily (08/07)

Sinopec Oilfield Service, Sinopec Shengli Petroleum Eng and Drilling Tech Res Inst Shengli Petroleum Eng Co Ltd Sinopec Submit Patent Application for Top Drive Spindle Control Method for Improving Sliding Guide Drilling Efficiency
Tools and Machinery Patent News (08/06)

Michigan-based Recycle Ann Arbor's 34,000-tons/year facility uses new SamurAI sorting robot to increase capacity by 360 tons/year, especially for PP plastic packaging waste; robot continually improves, learns from experience, picks twice as fast as humans
Click On Detroit (08/05)

Boeing Files United States Patent Application for Preconditioning Time-Series Data for Improved Efficiency
Information Technology Patent News (08/05)

UK's largest integrated forestry business BSW to close Boat of Garten, Scotland, sawmill, on Sept. 30, citing global downturn across the industry, drive to improve efficiencies; news comes less than a year after BSW was acquired by Binderholz
Strathspey & Badenoch Herald (08/04)

Energy Efficiency/Energy Management

Sasol to deploy AI-driven technology at ethylene unit in Lake Charles, Louisiana, to measure and monitor energy use and emissions; investment will help identify opportunities to reduce CO2 emissions, improve energy efficiency
Sasol Ltd. (08/03)

 Supply Chain Management

Supply Chain Management

ABB joins Berkshire Grey’s Technology Alliance Program to deliver AI-enabled robotic solutions for warehouses, supply chains; partnership to improve e-commerce fulfillment throughput, warehouse efficiency, packaging, while driving down operational costs
Globe Newswire (07/28)

Canadian beauty retailer Modern Beauty partners with Attabotics to introduce warehouse automation technology for its fulfillment center in Calgary, Albert; Attabotics' first 3D robotics supply chain system will support Modern Beauty's 34 store locations
Business Wire (07/27)

Logistics/Transportation Management

Nolan Transportation Group to integrate AI-powered shipment management service with Flexport's trucking software, Transmission, to offer shippers visibility, control across a single platform; Flexport users can access over 80,000 carriers in NTG's network
MarketLine (08/01)

St. Louis-based, woman-owned 3PL Sunset Transportation to deploy Parade's platform to source carriers more efficiently; platform's machine learning algorithms identify which loads to deliver to Sunset carriers to reduce emails, streamline load coverage
GlobeNewswire (07/26)

Logistics, Shipping & Delivery

Ryder wins spot on Inbound Logistics' G75 Green Supply Chain Partner list for the 14th consecutive year; company uses solar power, LED lighting and electric forklifts as well as pilots technology, such as autonomous mobile robots and automated storage
Ryder System Inc. (07/27)

SAMPLE REPORT