Here is Read Magazine’s Weekly Roundup of the top news from global markets. In this fast-paced world, breaking down information helps readers grasp the nuances that follow the news.
In Aerospace news this week…
Velo3D, Inc., a leading metal additive manufacturing technology company for mission-critical parts, announced that Valiant Products, Inc., a contract manufacturer serving major industries from medical to outer space, has acquired a fully integrated metal 3D printing solution to expand its additive manufacturing capabilities for its aerospace customers.
In Automotive news this week…
Siemens Digital Industries Software, announced that its PAVE360-based solution for automotive digital twin is now available on AWS. Expanding on the strong partnership between Siemens and AWS, PAVE360 helps foster innovation in the automotive industry through hardware and software parallel development, “shifting-left” the design phase of SDV.
In BFSI news this week…
Spryker Partners with Vertex to Integrate Tax and Compliance Solutions for Global Customers
Spryker, the leading composable commerce platform for sophisticated use cases in B2B Commerce, Enterprise Marketplaces, and Thing Commerce, announced a new partnership with Vertex Inc., a leading global provider of indirect tax technology solutions.
In Biotechnology news this week…
Cytovale, a commercial-stage medical diagnostics company focused on advancing early detection technologies to diagnose fast-moving and immune-mediated diseases, announced it has raised $84 million in Series C funding led by Norwest Venture Partners with participation by additional new investors Sands Capital and Global Health Investment Corporation (GHIC).
In Defence Technology news this week…
Draganfly Inc., an award-winning, industry-leading drone solutions and systems developer, is pleased to announce that the Company will be showcasing its latest UAV technology at Modern Warfare Week at booth #316 November 13-16, 2023, in Fayetteville, NC.
In Energy, Power and Sustainability news this week…
GAF Energy Completes Construction of Timberline Solar™ Manufacturing Facility in Georgetown, Texas
GAF Energy, a Standard Industries company and the leading provider of solar roofing in North America, has completed the construction of the company’s manufacturing facility in Georgetown, Texas. Full operation is planned for the end of the year, when the facility will produce the Timberline Solar Energy Shingle (ES), a transformative solar product which integrates with traditional shingles to create a sleek and attractive look for the customer.
In Healthcare this week…
Tufts Medicine Selects Premier, Inc. as Strategic Partner to Achieve Supply Chain Excellence
Premier, Inc., a leading technology-enabled performance improvement company, announced a renewed partnership with Tufts Medicine, a leading integrated health system bringing together the best of academic and community medicine to deliver exceptional, connected and accessible care experiences to consumers across Massachusetts and beyond.
In Information Technology this week…
Juniper Square Selects BillingPlatform to Power Revenue Lifecycle Management Processes
BillingPlatform, the enterprise revenue lifecycle management platform for innovative business models, announced that Juniper Square selected BillingPlatform to automate their revenue lifecycle management processes in a five-year deal. Juniper Square chose BillingPlatform’s Billing and Revenue recognition solutions, as well as its Customer Portal and enhanced support services.
In Internet Of Things (IOT) this week…
KYOCERA AVX Introduces a New Series of Miniature High-Pass Thin-Film Filters
KYOCERA AVX, a leading global manufacturer of advanced electronic components engineered to accelerate technological innovation and build a better future, has released a new series of miniature high-pass thin-film filters engineered to provide excellent high-frequency performance in a variety of space constrained microwave and RF applications in the telecommunications, automotive, consumer electronics, and military markets.
In Logistics and Supply Chain this week…
Blue Ridge and Pepper Announce Exciting Partnership: Revolutionizing Ecommerce for Distributors
Blue Ridge, a leading provider of supply chain planning solutions, and Pepper, an innovative Ecommerce platform designed to streamline the ordering process for distributors and their clients, are thrilled to announce their strategic partnership. This partnership promises to bring unprecedented convenience, efficiency, and insights to the world of food distribution.
In Retail this week…
Brett Friedman Joins Logile as Chief Revenue Officer
Logile, Inc., the leading retail labor planning, workforce management, inventory management and store execution provider, announced that Brett Friedman has joined the company as Chief Revenue Officer. Brett will be responsible for leading all of Logile’s revenue generation and marketing operations, utilizing his extensive experience to position Logile as the leading provider for store-level planning, scheduling and task execution.
In Semiconductor & Electronics this week…
Synopsys Announces Synopsys.ai Copilot, Breakthrough GenAI Capability to Accelerate Chip Design
Synopsys, Inc., announced a breakthrough generative artificial intelligence (GenAI) capability for accelerating chip design, Synopsys.ai Copilot. The new capability is the result of a strategic collaboration with Microsoft to integrate Azure OpenAI Service that brings the power of GenAI into one of the most complex engineering challenges – the design process for semiconductors.
In FOOD & BEVERAGE this week…
Meat Processors Have a New Inspection Innovation to Improve Food Quality and Safety
Meat and poultry processors are applying lessons from the pandemic by adopting vision inspection technology to augment quality assurance processes and save on labor. One new option is a vision inspection system that, unlike others, is specifically designed for the meat processing industry and helps processors redeploy workers while improving quality, food safety, and processes.
In Smart Lighting this week…
Sense and Helio Home Empower Consumers to Electrify Homes
Sense, an embedded electric meter intelligence company that’s redefining how utilities and consumers interact with homes and the grid, and Helio Home, a climate technology company with a mission to eliminate fossil fuels from every home in America, are launching a new referral partnership that will transform how consumers electrify their homes.
In MEDICAL DEVICES this week…
Inflammatix Completes Technical Development for TriVerity™ Acute Infection and Sepsis Test System
Inflammatix, Inc., a pioneering molecular diagnostics company, announced that the company has completed technical development for its TriVerity™ Acute Infection and Sepsis Test System, which includes the Myrna™ Instrument, and for the TriVerity™ Cartridge. TriVerity is intended to be used in emergency department settings in patients with suspected acute infection and sepsis to assess the likelihood of a bacterial infection, a viral infection, and risk of acute decompensation (the need for ICU-level care).
In MATERIALS this week…
Siemens acquires Insight EDA to expand Calibre integrated circuit reliability verification offering
Siemens Digital Industries Software, announced that it has completed the acquisition of Insight EDA Inc., an EDA software company delivering groundbreaking circuit reliability solutions to many of the world’s leading integrated circuit (IC) design teams.
Article of the Week
6 Must-Have Features of Medical Device Software in 2023
Medical device software is essentially any software application or program that was created for use in the medical field. It’s a specific kind of software devised to aid or improve medical devices, diagnoses, treatments, or healthcare routines. The features of this type of software are vast and can include anything from data analysis and patient monitoring to diagnostic interpretations and treatment preparations. The medical devices market is expected to reach a significant market size of $471.80 billion by the end of 2023.