Industrial Equipment EIIR (Engineering, IoT, Industry 4.0 and R&D) Trends Q3 2019

How are industrial equipment enterprises leveraging EIIR providers? (Deals/Contracts/ Partnerships)

  • 1

    For an industrial automation company, LTTS won a deal to develop IoT firmware for next generation motor drives and controllers.

  • 2

    TCS is chosen by a leading Industrial Air Filtration (IAF) company, as its strategic partner of choice to design, build and deploy their IoT Platform-based Connected Solutions program for Condition Monitoring, Predictive Maintenance and Automated Service Ordering & Predictive Analytics to facilitate better services to their end customers based on real-time data & business insights, and improve their product capabilities and designs.

  • 3

    Combitech entered into a collaboration with Stena Recycling and ABB to increase the amount of recycled material in the manufacturing industry. In a first project, AI, machine vision and robotization were used to streamline the recycling of vacuum cleaners

  • 4

    Krone, a leading agricultural machinery company based in Germany, has selected the Siemens Digital Innovation Platform to help establish its digitalization strategy. Using solutions including the Teamcenter portfolio and NX software, Krone will launch a new digitalization program.

How are industrial equipment enterprises organizing their EIIR activities? (GICs/ R&D Best Practices/Solutions)

  • 1

    Savio Macchine Tessili textile machine manufacturer as part of its Industry 4.0 solution, sends alarm signals to smart watch on operators wrist. Will smart watch find use on shop floor in Industry 4.0?

  • 2

    Hitachi Elevator demonstrated vertical service robots use cases by combining robots and elevators though its integrated building management system. Currently, Hitachi Elevator has completed the implementation of scenarios for service robots in seven locations including Alibaba Future Hotel.

  • 3

    Kyocera opens R&D centre in Yokohama to encourage new business creation and R&D related to IoT, artificial intelligence (AI), robotics, and autonomous driving.

  • 4

    Sidel, a dairy equipment manufacturer, opens its R&D center in Pune, India.

  • 5

    Sandvik has acquired a 30% stake in privately owned Italian company Beam IT, a leading provider of metal Additive Manufacturing (AM) services and advanced end-use components.

  • 6

    ABB to open its most advanced robotics factory in China. To inspect robots as they are being assembled, and to make sure the highest quality standards, ABB will leverage an ML-based system. Additionally, for the production facilities, an R&D center will be co-located on the site, to further research into AI and foster collaboration between ABB and its partners.

  • 7

    Columbus McKinnon will spend $3.1 million to add a global R&D center at Charlotte.

How are industrial equipment EIIR providers developing their solutions and capabilities?

  • 1

    Etteplan acquires MikoPLAN. Another tuck-in engineering service acquisition/ acqui-hiring. Its a four person company but augments Etteplan’s mining and machining capabilities and delivery presence in Kajaani.

Industrial equipment resources: consultant/ analyst updates

  • 1

    Thyssenkrupp weighs elevator stake sale to Kone or PE players. It is also interested in listing elevator unit separately in the market.

  • 2

    Aalberts N.V. acquires Applied Process which is a leading technology company involved in the austempering process – a heat treatment technique to solve complex engineering issues. The austempering process has been widely used to enhance the performance and facilitate light weighting of components across various end markets such as construction equipment, agriculture, heavy truck, mining, gears, powertrain, machinery and railroad.

  • 3

    Emerson acquires the Spence and Nicholson product lines from Circor International. The acquisition complements Emerson’s broad portfolio of steam system solutions.

Industrial equipment resources: consultant/ analyst updates

  • 1

    Roland Berger: German mechanical engineering sector: Between economic crisis and disruption. (Link)

Read Previous Articles of Industrial Equipments EIIR Trends Q2 2019

Pareekh Jain

Most popular

Most discussed

error: Content is protected !!