Highlights with EIIR (Pareekh) Point of View (POV)
- 1
Persistent is implementing functional data marts on a Data Lake using Snowflake on AWS platform to reduce the total cost of operations for a multinational medical equipment?s manufacturing company.
Medical Devices Persistent AI/Analytics/ Automation Manufacturing Data Service Provider Deals
EIIR POV: Manufacturing data opeartions is one of the biggest pain points for manufacturing firms.
- 2
Persistent is improving user experience, scaling automation, and strengthening nearshore presence as a unified service partner for world?s leading technology and cloud services provider.
Software Product Persistent US Nearshore Expansion Service Provider Deals
EIIR POV: India centric engineering service providers will have to increase nearshore footprint to get greater share of client wallet.
- 3
Colnaghi, the oldest art dealership in the world, founded in 1760, announces the launch of The Colnaghi Virtual Experience, its new, cutting-edge digital collaboration with Endava. It fuses audio, video, documentation, and x-ray scans with interactive user elements, demonstrating how Web 3.0 technology can add to the viewer?s experience and enhance how we see, interpret and engage with works of art.
Software Product Colnaghi Endava Animation, AR VR Gaming Virtualization Metaverse Service Provider Deals
EIIR POV: Metaverse usecases of immersive digital physical interaction are emerging with unique combination of two or more of 20 technologies.
- 4
Ginkgo Bioworks will acquire Bayer's 175,000-square-foot West Sacramento Biologics Research & Development site, team, and internal discovery and lead optimization platform for approximately $83.0 million in consideration.
Medical Devices Bayer Gingko Bioworks Pharma R&D Enterprise R&D Center Acquisition Business Model Innovation United States
EIIR POV: Enterprises are monetizing their R&D centers by selling to other enterprises. Will this trend acclerete in downturn?
- 5
Malaysia will be the first in Southeast Asia to manufacture Ericsson's 5G equipment for domestic and regional markets.
Telecom Ericsson Manufacturing Plants Localization Malaysia
EIIR POV: Enterprise will optimize their manufcaturing footprint for regionalization and localization
- 6
FEV has opened its fifth office in Turkey at. Teknopark ?zmir, The company today employs a team of 450 experts with campuses in ?stanbul, Kocaeli, Ankara, Bursa and now ?zmir.
Automotive FEV Eastern Europe R&D Service Provider Geographic Expansion Turkey
EIIR POV: European engineering service providers are accelerating their nearshor footprint.
- 7
Infosys to set up campus in Vizag.
Software Product Infosys India Investment Indian Tier 2 /3 Cities Service Provider Geographic Expansion India
EIIR POV: Engineering service providers are acclerating their footprints in tier 2/ 3 cities in India for access to talent. Many people will like to Return to Office in cities closer to their hometown.
- 8
Siemens to establish software R&D group in Shannon. The project, which is supported by the Irish Government through IDA Ireland, is the first ?Cloud EDA? R&D group to be established by Siemens Digital Industries Software globally.
Industry4.0 Siemens Digital Silicon Design & Testing Simulation Engineering Cloud Eastern Europe R&D ISV R&D Center Ireland
EIIR POV: Engineering cloud is gaining momentum with more engineering workloads are moving to clouds. This is example of research on EDA on cloud
- 9
Triton Electric Vehicle, which plans to make electric cars in India, will also roll out hydrogen-run two-wheeler and three-wheeler EVs from its plant in Gujarat. It has already established its R&D Center at Anand, Gujarat
Automotive Triton India Investment Enterprise R&D Center Hydrogen India
EIIR POV: Will hydrogen runTwo wheeler and Three wheeler take off in India?
- 10
Chunghwa Telecom has helped power supply maker Delta Electronics set up a 5G private network a Delta plant in Taiwan. It also connected Delta's edgeMES, a manufacturing execution system featuring integration of makers' on-premises IT systems with clouds.
Telecom Industry4.0 Delta Electronics Chunghwa MES Industry 4.0 ? 3D Printing Robotics Network engineering Digital Factory Example Enterprise Deals Enterprise 5G Taiwan
EIIR POV: Two points here: 1. One more example of a niche MES. 2. Use case of combining 5G and MES for reducing quality assement time in digital factory.
- 11
Shopify will lay off 10% of workers. It made the wrong bet on the pandemic-fueled boom in e-commerce growth lasting. Now consumers are returning to retail stores.
CPG Retail Shopify Job cuts Enterprise R&D Center Downsizing
EIIR POV: Many assumptions about the digital boom will face a reality test now in high inflation environment. Non-essential retail and ecommerce sector are first sectors likely to be impacted.
- 12
Vimeo slashes workforce by 6%, including in Israel R&D center.
Telecom Vimeo Job cuts Enterprise R&D Center Downsizing Israel
EIIR POV: Layoffs in Israel R&D sector shows enterprises are under stress and trying to rationalize R&D spend and headcounts. How quickly situation changes. Last year they announced they will double R&D headcount in Israel.
- 13
Safran Engineering Services is cooperating with Sonovision to form a strategic and privileged partnership with Airbus, active on various engineering activities. The framework contract, renewed this year, allows the consortium to offer Airbus complete engineering services - design, manufacturing engineering and customer services - and to ensure continuity of service throughout the entire V cycle.
Aerospace Airbus Safran Engineering Sonovision Service Provider Partnership With Other SP Service Provider Deals
EIIR POV: Service providers are partnering with other service providers for joint bids for engineering service deals.
Pareekh Jain
Pareekh Jain
Founder of Pareekh Consulting & EIIRTrend