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Two Hitachi Group Companies to Merge to Expand Robotic SI Business in Japan and ASEAN Countries

TOKYO, Jan 30, 2023 - (JCN Newswire via SEAPRWire.com) - Hitachi, Ltd. (TSE: 6501, "Hitachi") today announced that it has been accelerating the global development of its line building business leveraging industrial robots ("the robotic SI(1) business") and will merge Hitachi Automation, Ltd. ("Hitachi Automation") and Kyoto Robotics Corporation ("Kyoto Robotics"), Hitachi Group companies in Hitachi's Industrial Digital Business Unit, on April 1, 2023 to strengthen the robotic SI business in Japan and ASEAN countries.Hitachi Automation began operating within the Industrial Digital Business Unit in April 2022(2). Since then, it has been accelerating the fusion between digital solutions analyzing and optimizing data leveraging Lumada(3) handled by Hitachi and robotic SI which involves a massive amount of data from shop floor. Kyoto Robotics was founded in 2000 and acquired by Hitachi in April 2021.(4) Since its foundation, it has been developing and providing intelligent robotic vision systems that do not require teaching(5) and master data(6) that recognize objects with an accuracy of 99.99%(7) using three-dimensional vision like humans and that think and carry objects using AI contr...

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Padini Enters Partnership with XTS and Huawei Malaysia for RM1 Million Investment in Warehouse Automation Solution

KUALA LUMPUR, Mar 17, 2022 - (ACN Newswire via SEAPRWire.com) - XTS Technologies Sdn. Bhd. (XTS), a leading specialist in the design and build of factory automation solutions, and Huawei Technologies (M) Sdn. Bhd. (Huawei), a leading global provider of information and communications technology (ICT) infrastructure and smart devices, has signed a Memorandum of Understanding (MoU) with Padini Dot Com Sdn. Bhd., a subsidiary of Padini Holdings Berhad (Padini, Bursa: Main, 7052) for a warehouse automation solution using automated guided vehicles (AGVs) valued at RM1 million to be delivered within one year of a confirmed order.Top 1st row, R: Mr. Lim Chee Siong, Huawei Malaysia's VP of the Cloud and AI Business; 2nd row, L: Mr. Xteven Teoh, Managing Director of XTS and 3rd row, R: Mr. Andrew Yong, General Manager (Operations) of Padini, at the digital MoU signing ceremony.Padini is a fashion retailer offering two multi-brand labels - Padini Concept Store with eight brands including Padini, Seed, Padini Authentics, PDI, P&Co, Miki, Vincci and Vincci Accessories, and Brands Outlet. Padini is a fashion retailer operating outlets stores in malls across Malaysia as well as Cambodia, Indo...

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NEC Gears Up 5G xHaul Transformation Services with Automation Ecosystem

TOKYO, Feb 24, 2022 - (JCN Newswire via SEAPRWire.com) - NEC Corporation (TSE: 6701) announced today that it has launched an Automation Ecosystem to bolster its 5G xHaul Transformation Services, bringing communication service providers (CSPs) simplified operations, cost effectiveness and faster time-to-value for their multi-vendor based networks. The 5G xHaul Transformation Solutions and Services are part of NEC Open Networks, a suite of solutions for realizing the real-world benefits of truly open 5G networks.For CSPs aspiring to build momentum in the 5G era, there is an imminent demand to gain network flexibility and agility to accommodate diversified user requirements. Automation technologies will play a pivotal role in enabling efficient and reliable operations over increasingly complex transport networks. However, incorporating automation for a multi-vendor network environment will require new capabilities, such as holistically redesigning the network architecture and its processes by breaking the silos of traditional network domains and operationalizing them with software engineering skillsets. To address these challenges, NEC offers turn-key automation services as a part of ...

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NEC and Netcracker Launch 5G xHaul Transport Network Automation Solution Working with ADVA and Juniper Networks

TOKYO and HAMBURG, Sep 30, 2021 - (JCN Newswire via SEAPRWire.com) - NEC Corporation (TSE: 6701) and its subsidiary Netcracker have today announced an integrated multi-vendor solution that includes ADVA and Juniper Networks for packet optical automation, combining their respective best-in-class technologies in support of streamlined 5G transport. With this solution, ADVA delivers secure optical connectivity and Juniper provides automated IP WAN transport solutions, while Netcracker brings unified end-to-end multi-domain service orchestration and automation expertise. This solution is designed and developed as part of NEC's xHaul Transformation Services as the foundation of an open ecosystem architecture that enables customers to have choice and flexibility, including delivery of service integration and professional services.Driven by digital transformation, device and application proliferation and key industry trends such as 5G and cloud, new traffic patterns are shaping the need for radically different network architectures to handle the capacity and demand for excellent user experiences. Converged IP and optical solutions such as this, underpinned by automation, give service prov...

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Woven Capital Invests in Ridecell to Accelerate Global Growth in IoT-driven Automation for Mobility and Fleet Businesses

San Francisco and Tokyo, Jun 17, 2021 - (ACN Newswire via SEAPRWire.com) - Woven Capital, L.P. today announced that it has made an investment in Ridecell Inc., a leading platform powering digital transformations and IoT automation for fleet-driven businesses. Woven Capital is an $800 million global investment fund that supports innovative, growth-stage companies in mobility, automation, artificial intelligence, data and analytics, connectivity, and smart cities. It is the investment arm of the Woven Planet Group, a Toyota subsidiary which is dedicated to building the safest mobility in the world. Along with the investment, Ridecell and the Woven Planet Group will explore collaborative opportunities in mobility service operations."Ridecell is accelerating the digital transformation of a key part of the mobility industry--creating a comprehensive platform that connects fleets and automates workflow at scale," said Michiko Kato, Principal, Woven Capital. "We are excited to invest in Ridecell and explore collaborative opportunities together, as we continue to focus on innovative technology that delivers safe, secure, efficient, and seamless mobility for all.""This investment with Woven...

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Trintech Continues to Innovate Its Leading Financial Solutions to Meet the Needs of Large Enterprises Across the Globe

Dallas, TX, Mar 19, 2021 - (ACN Newswire via SEAPRWire.com) - Trintech, a leading global provider of integrated Record to Report software solutions for the office of finance, today announced several key product enhancements to help large enterprises reduce the time spent on tasks and drive greater efficiencies in their month-end workflows."As our customers continue to focus on agility and sustainability during this time, the enhancements we have made in our solutions deliver greater control, enhanced visibility, increased efficiencies and certainty of accurate financial reporting that our large enterprise customers demand," said Michael Ross, Chief Product Officer at Trintech.With the latest release of Trintech's Cadency Platform, finance and accounting professionals can elevate their financial automation with highly configurable and transparent workflows, integrated connector enhancements, and extended scalability and automation with new Smart Bots and ERP Bot enhancements. Leading Enterprises will benefit from the following:- Greater efficiencies gained in the reconciliation process- Additional automation capabilities to reduce the time to close- Enhanced integration between Reco...

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Verofax Secures $1.2M Seed Round for Automation and Traceability Platform

ABU DHABI, UAE, Mar 9, 2021 - (ACN Newswire) - Verofax Limited, an automation and traceability platform, has secured $1.2M in a Seed funding round, led by Trove Capital Limited UK. Other investors included MFD Holding, Kepler Fund Managers, and Casablanca Holding. This funding marks Verofax porting its platform on Microsoft Cloud and its recent Q4 expansion into Asia and Africa. Mssrs Wassim Merheby and Jamil Zablah of Verofax Limited.Established in 2018, Verofax has developed an automation and traceability platform that allows enterprises to prevent counterfeit, improve manufacturers' engagement with consumers, and increase staff productivity with data insights. Verofax offers services such as Item ID serialization, traceability, and transaction certification on private Blockchain with cost and time to market advantage.Wassim Merheby, CEO and Co-Founder of Verofax, commented on the round, "Counterfeit is exceeding 20% of global trade in some industries and accounts for $1.8T losses to businesses. With retailers and manufacturers adopting traceability and item serialization in their operations, Verofax enables supplier screening, consumer engagement, and inventory optimization."US,...

Showa Denko Invests in AMI Automation

TOKYO, Feb 8, 2021 - (ACN Newswire) - Showa Denko (SDK; TOKYO:4004) has acquired 50% ownership in AMI Automation, headquartered in Monterrey, Mexico, effective on 5th February 2021. AMI Automation provides fully integrated automation and control solutions to a wide range of industries. Showa Denko has an option to acquire the remaining 50% of AMI within 5 years.AMI, through its Meltshop Solutions division, provides electrode regulation systems and EAF optimization services to improve operating efficiencies, while its Industrial Systems division is an automation and control solution provider for a wide range of industries around the world. AMI's electrode regulation systems are utilized to produce almost 90% of EAF steel in North America.SDK has contributed to improve EAF steelmaking quality and efficiency by providing customized high quality graphite electrodes to customers around the world. In collaboration with the Meltshop Solutions division's EAF optimization services, we will improve graphite electrode performance and provide more solution-based services that improve EAF steelmaking efficiency, energy conservation, and greenhouse gas reduction. In addition, by utilizing AMI's ...