Highlights with EIIR (Pareekh) Point of View (POV)
NTT DATA Launched Japan's First Greenhouse Gas Emissions Visualization Service Incorporating Data from the International NGO, CDP into it platform C Turtle. By using this service, companies will be able to use the Company-wide Emission Allocation Method, a way to calculate their emissions while reflecting the impact of reductions of their suppliers, thereby promoting reduction throughout the entire supply chain.
EIIR POV: Measurement and visualization are important part of sustainability. Enterpise can improve what they can measure. Company- wise emission allocation method is a better way. Good to see service providers making investment in this area.
Kubota and Accenture have formed a new joint venture company, Kubota Data Ground to accelerate the digital transformation of the Kubota group?s business model and operating infrastructure using digital technologies including IoT. New company will work to address global issues related to food, water, and the environment by utilizing data and cutting-edge digital technology.
EIIR POV: Cracking Japanese engineering market have been an Achilles heel for many enginering service providers. JVs are one of the route in Japan. This is a good example.
Micron Technology announced plans to invest $15 billion to construct a new fab for leading-edge memory manufacturing in Boise, Idaho. This will be the first new memory manufacturing fab built in the U.S. in 20 years, ensuring domestic supply of leading-edge memory required for market segments like automotive and data center.
EIIR POV: One more announcement of new semiconductor fab investment in US. Drivers are: CHIPS Act, geopolitics and localization initiatives in semiconductor manufacturing.
Renesas to acquire Steradian Semiconductors, a fabless semiconductor company based in Bengaluru, India, that provides 4D imaging radar solutions, in an all-cash transaction.
EIIR POV: Indian semiconductor startups are getting ontothe radar of big semiconductor firms. Encouraging news for Indian semicoductor startup ecosystem.
Hitachi Acquires Key Industry 4.0 Systems Integrator - Flexware Innovation. With this acquisition, Hitachi will accelerate its offerings between shop floor operations and enterprise systems including MES, Industrial Automation particularly in North America.
EIIR POV: Service providers are developing full stack of manufacturing engineering including industrial automation, MES and Industry 4.0 from shop floor to top floor with acquisitions.
Infosys and Spirit AeroSystems enter into a five-year collaboration for aerostructure and system engineering services.
EIIR POV: Aerospace engineering has turned around this year after two years decline. Good to see large deals back in aerospace.