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Nokia, Mobile Industrial Robots to showcase real-time robot fleet management using private 5G wireless at LogiMat show; MiR will leverage Nokia Digital Automation Cloud solution, and its robots will be connected via Nokia Industrial dongles with SIM cards

Hyundai to increase investment in US to more than US$10B by 2025 to develop mobility solutions including robotics, autonomous driving, AI, advanced air mobility; company investing US$5.54B in new EV and battery facilities in Georgia

SCG Chemicals expects chemical business to benefit from trends worldwide and in Asia, such as urbanization, transition to electric automobiles, clean energy; company to focus on high value-added products and services, green innovation including polymers

Ocado to acquire robotics start-up Myrmex for about €10.2M, expected to complete June 6th; deal would enable faster rollout of automated order loading solution AFL to company's fulfillment centers, as well as help it develop bespoke automation solutions

Hyundai invests US$5.5B in new EV and battery intelligent manufacturing facility in Bryan County, Georgia, with annual capacity of 300,000 units; commercial production to start in 2025 and create about 8,100 new jobs

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An example of a few headlines sent to our customers on Mar, 08 2022
Transformation & Innovation

powered by Industry Intelligence, Inc.

March 08, 2022

Latest

Disruptive Innovation

PepsiCo selects 10 startups for first MENA edition of its Greenhouse Accelerator program; startups focus on disruptive technologies for sustainable packaging alternatives, packaging reduction, recycling processes, recycling behavior modification
Mid-East.Info (02/24)

Smart Manufacturing/Smart Factory

MADDOX by Germany-based Peerox is an assistance system that uses machine learning methods to analyze machine and process data; system helps to increase efficiency in manufacturing, reduces waste and contributes to more economical, ecological production
Fraunhofer Society (03/07)

Hyundai partners with Uniphy to develop in-car smart human-machine interfaces at Hyundai Motor European Technical Center; Uniphy’s solution develops freeform 3D smart interfaces using standard materials, mainstream manufacturing processes
Automotive Interiors World (03/04)

Lightning eMotors invests US$5M to double production capacity in Loveland, Colorado, manufacturing plant; 226,000 square-foot plant includes robots for fabrication, welding, with goal to build 1,500 zero-emission commercial vehicles, powertrains this year
Business Wire (03/01)

Commentary: IoT could be ‘silver bullet’ for packaging firms to address environmental sustainability; examples include Ball partnering with C3 AI, Tetra Pak investing in Microsoft Azure IoT solutions, Ardagh implementing Water Flow Intelligence
Packaging Gateway (02/23)

Bioeconomy

European Circular Bioeconomy Fund raises €300M to finance growth companies in bioeconomy, exceeding target; VP at anchor investor EIB says fund's first investments show potential of bioeconomy sector to contribute to EU's circular economy transition
European Circular Bioeconomy Fund (ECBF) (03/07)

New Market/Market Expansion

US ethnic e-grocer Weee! raises US$425M in Series E round led by Softbank's Vision Fund 2; funds will be used to strengthen company's offerings across new and existing ethnicities, expand to new geographies, advance warehouse automation and AI innovations
SeeNews Deals (03/02)

7-Eleven launches first unmanned convenience store inside Lotte Information and Communication building in Seoul, South Korea; store features artificial intelligence clerk from DeepBrain AI, which can perform real-time conversation
Kiosk Marketplace (02/25)

Transformation - Market

The Australian Editorial: Investment in Australia’s costly net-zero emissions transition forecast to peak at 28% of GDP around 2030; private sector is best suited to find solutions society needs, 'going green' should not be led by policy, public subsidy
The Australian (03/02)

US hair styling gel/mousse sales for 52-week period ended Nov. 28, 2021, rose 3.9% year-over-year to US$1.05B, while hair spray/spritz sales grew 4.5% to US$576.6M; consumers show renewed interest in hair care, styles post-pandemic: IRI
Happi (02/28)

Transformation - Company

Executive Perspective: Chairman of Steak ‘n Shake's parent company says full service model 'did not work in the modern era'; eliminating table service and installing self-order kiosks has boosted annual sales per employee to US$118,000 from US$64,000
QSR Magazine (02/28)

 Digital

Artificial Intelligence/ Machine Learning/ Robotics

LyondellBasell signs five-year expanded contract with C3 AI to accelerate development of data-driven AI and machine learning applications across LyondellBasell
Business Wire (03/07)

Freight procurement platform Emerge names Cameron Ramsdell as COO; Ramsdell was responsible for building a trucking fleet leveraging AI to lower operating costs during his over 11 years with Coyote Logistics as CTO and SVP of strategic projects
GlobeNewswire (03/07)

Shiseido to make minority investment in AI, AR beauty tech firm Perfect Corp. which plans to be publicly listed on Nasdaq in connection with its merger with Provident Acquisition; transaction set to close by Q3 2022
Shiseido Co. (03/03)

AI, AR beauty tech firm Perfect Corp. to list on Nasdaq by merging with Provident Acquisition, a publicly traded special purpose company, that sets enterprise value of Perfect Corp. at US$1.02B; deal to provide Perfect Corp. with US$335M in gross proceeds
Business Wire (03/03)

Revieve launches AI Haircare Advisor, developed in collaboration with Unilever hair-care brand Living Proof; online hair-care experience uses consumer input, mobile selfie diagnostics technology for hair to deliver AI-powered personalized recommendations
Business Wire (03/02)

Augmented/Virtual Reality/Visualization

US Patent Issued to Google for high-quality AR cosmetics simulation via image filtering techniques: USPTO 11,250,632
Internet Daily News (03/07)

Germany's Groz-Beckert will be exhibiting its felting and carding product areas at IDEA in Miami for the production of nonwovens; highlights will include patented GEBECON felting needle, virtual tour of Groz-Beckert Technology and Development Center
Textile Value Chain (03/04)

ProAmpac to highlight its numerous ProActive Recyclable paper, plastic solutions at upcoming Natural Products Expo West; company will also demonstrate its recently expanded capabilities, online virtual packaging prototyping software branded MAKR
ProAmpac LLC (03/01)

WhatTheyThink: Consumer packaged goods brands are bridging physical and digital world of their packaging, such as General Mills' AR mini-game on cereal boxes, Hershey's QR codes on packaging; other efforts include interactive labels to detect spoiled food
WhatTheyThink (03/01)

America By Design TV show, which highlighted a new bottle design by PepsiCo and Kinetic Vision's work on building a digital and physical twin to test the product, now available for viewing on YouTube; bottle design was for a 2-liter Mountain Dew bottle
PR Web (03/01)

Cryptocurrency

Shake Shack introduces a Bitcoin cash-back option for its customers, offering them a 15% reward in the largest cryptocurrency for every purchase made with a special debit card
U.Today (03/04)

Commentary: US regulators will rule on cryptocurrencies in next two to three years, says investor Kevin O'Leary; lack of clarity on rules has held back many investors from taking bigger stakes in crypto, and bitcoin's price will soar once there is clarity
Business Insider (02/23)

Data Management/Analytics/Privacy

Industry scientists publish study demonstrating use of kernel tree methods in data analytics to reduce time from R&D innovation to new product development; using proposed method, four possible designs for MDF, OSB with interaction effects were developed
Applied Sciences (03/05)

Study of IT decision makers shows 74% say new extortion tactics make ransomware a national security threat; 38% of attacks threaten to extort customers, 35% threaten to expose stolen data and 32% threaten to inform customers that data has been stolen
Business Wire (02/24)

Cybersecurity

Goldman Sachs: Growing US-Russia tensions raise risk of malicious cyber activity between the two nations; 'extremely destructive' cyberattacks aimed at critical US infrastructure is improbable but possible, could cause US billions in economic damage
Forbes (03/07)

Bridgestone temporarily disconnects Latin America, North America plants from internet due to ‘information security incident’; incident forces switch from automated to manual production, will require additional shifts to meet full production levels
CE Noticias Financieras (03/07)

Guggenheim warns Russia may strike back at Western sanctions with cyberattacks to crash markets; outdated technologies indicate high chance of attack on world payments system, which could result in temporary disruption, with Ukraine likely the main target
Business Insider (03/02)

To reduce cyber risk, CISA and FBI recommend companies enable MFA, set antivirus and antimalware programs to conduct regular scans, enable strong spam filters, update software and patch vulnerabilities, disable nonessential ports, filter network traffic
Mondaq Business Briefing (03/02)

In global survey of 1,038 technology decision makers across Europe, US and APAC, 96% say having security in their products positively impacts the bottom line; cost and expertise remain key barriers to scaling IoT security
Business Wire (02/25)

Digital/Telecommunications Infrastructure

US National Cyber Director outlines a 'Cyber Social Contract' to help stop hackers capable of holding critical infrastructure hostage; vision involves new government standards, collaboration with private sector and new government bureaucracies
The Washington Times (02/24)

 Manufacturing

Process Improvement/Operational Design

Smurfit Kappa helps online UK retailer Oh Polly overhaul its e-commerce packaging operation by resolving print quality issues, reducing waste, improving packing efficiencies via machinery, using pallets for an improved delivery and unloading process
Packaging News (03/01)

Efficiency

Commentary: Amazon, Maersk both have the chance to offer model of logistics that allow e-commerce to outsource transport, delivery operations to a single provider; one-stop shops may boost efficiency, but give businesses less flexibility in supply chains
Quartz (03/04)

Manufacturing/Production

North America expands machine learning roles in beverage manufacturing; number of positions advertised in Q4 in drinks manufacturing, supply sector accounted for 51.8% of all region's machine-learning vacancies--up from 49.5% in year-ago period
just-drinks.com (02/28)

IBM Security's 2022 X-Force Threat Intelligence Index shows manufacturing attracted 23% of ransomware attacks, making it 2021's most attacked industry; 47% of these attacks were caused by vulnerability exploitation of unpatched software
International Business Machines Corp. (IBM) (02/24)

 Supply Chain Management

Supply Chain/Logistics Disruption

Maersk, FedEx and UPS have suspended service in and out of Ukraine; threats of material shortages and cost increases, demand volatility and cyberattacks loom following US sanctions after Russia's attack on Ukraine, according to Gartner analysts
Supply Chain Dive (02/25)

US Cybersecurity and Infrastructure Security Agency warns US businesses to brace for collateral effects of cyberattacks as Russia targets Ukraine; previous wave of attacks in 2017 paralyzed Maersk and FedEx's European subsidiary TNT Express
Quartz (02/23)

Supply Chain Management

DHL Supply Chain implements Europe's first fully automated Autostore storage and retrieval system for 1-2-3.tv, an omnichannel auction platform in Braunschweig, Germany; the system, supplied by Element Logic, will feature 26 robots for picking, ordering
DHL (02/24)

 Sustainability/Social Responsibility

Sustainability Goals & Targets

DSM publishes 2021 Integrated Annual Report, highlighting strategy to become a focused Health, Nutrition & Bioscience company; report also includes DSM's People, Planet and Profit ambitions and outcomes from 2021
Koninklijke DSM NV (Royal DSM) (03/02)

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