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Reorganizing Hitachi High-Tech Solutions to Strengthen Capabilities for Solving Social Infrastructure Issues

ruth
4 minutes

TOKYO, Feb 16, 2023 - (JCN Newswire via SEAPRWire.com) - Hitachi High-Tech Corporation today announced the reorganization of Hitachi High-Tech Solutions Corporation on April 1, 2023, as part of the company's priority initiatives to realize 2024 Mid-Term Management Plan.Hitachi High-Tech Solutions aims to become a technology and solutions company that solves social infrastructure issues in broad sense including industrial sectors, with the power of sensing and control by focusing on the OT(1) business that provides solutions through measurement, control, and digital technologies, and the IS(2) business which focuses on railway inspection equipment.Through corporate divestiture(3), Hitachi High-Tech Solutions transfers its businesses that provide hard disk-/FPD(4)-related devices and laboratory solutions in the IS business unit, and the ICT(5) business that provide digital solutions using network/cloud services, ECM(6) and IoT(7), to Hitachi High-Tech, and the Hitachi High-Tech Group will continue to strengthen businesses aimed at solving social issues with our core Observation, Measurement, and Analysis.Creating Value in Social Infrastructure FieldsThe Hitachi High-Tech Group declar...

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Three partners build a demonstration system for CO2NNEX for e-methane, a digital platform for visualizing CO2 emissions across e-methane value chain and transferring e-methane’s environmental value

ruth
5 minutes

TOKYO, Feb 15, 2023 - (JCN Newswire via SEAPRWire.com) - Osaka Gas Co., Ltd., Mitsubishi Heavy Industries, Ltd. (MHI), and IBM Japan, Ltd. today jointly announced that they have built a demonstration system (the "System," see Figure 1) for CO2NNEX for e-methane, a digital platform for visualizing the amount of CO2 emissions across the value chain of e-methane (methane synthesized with the methanation technology) and transferring e-methane's environmental value. CO2NNEX for e-methane is based on CO2NNEX, a digital platform being developed by MHI and IBM Japan for visualizing the CO2 supply chain. In conducting the PoC (Proof of Concept) of CO2NNEX for e-methane, the three partners will discuss and exchange views with the Japan Gas Association, Tokyo Gas Co., Ltd., Toho Gas Co., Ltd., and INPEX CORPORATION to identify effective ways to promote the use of e-methane and establish its environmental value.Figure 1: The System's web siteFigure 2: Visualization of CO2 emissionsFigure 3: Transfer of e-methane’s environmental valueUsing the System, this tripartite project aims to achieve the following: A system for managing the amount of CO2 emissions from its sources throughout the e-methan...

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MEV Capital Partners with Marex Solutions to Offer On-chain Structured Products in DeFi

pandora
3 minutes

London, the UK, February 13, 2023 - (SEAPRWire) - MEV Capital, a leading digital asset manager specializing in capturing value in the DeFi markets, and Marex Solutions, a renowned commodity broker and provider of OTC hedging solutions, announced their partnership to innovate and create new digital asset products.With MEV Capital's proficiency in DeFi and Marex's established reputation in the commodity markets, this collaboration is poised to pioneer novel and exciting opportunities for clients looking to diversify their portfolios and capitalize on the cryptocurrency industry.Harry Benchimol, Co-Head of Derivatives Engine at Marex Solutions, said, “We are thrilled to partner with MEV Capital and leverage their unique insight and market-neutral strategies in the DeFi space to provide a valuable offering to our clients. Manufacturing innovative derivatives with MEV Capital's expertise will allow both parties to create new products combining the best centralized and decentralized finance.”MEV Capital has been a prominent player in the DeFi space, specializing in on-chain yield strategies such as liquidity provision, statistical arbitrage, and carry trading. Their extensive experience ...

ACN Newswire

Former Singapore Parliamentarian’s Swiss Digital Assets Company Receives Regulatory Approval

indie
3 minutes

Calvin Cheng's Damoon Technologies has obtained membership status from the Swiss Financial Services Standard Association (‘VQF'), which is officially recognised by the Federal Financial Market Supervisory Authority (‘FINMA')This comes on the back of Cheng's Web3 Company obtaining the Virtual Asset License from the Dubai Virtual Asset Regulatory Authority (VARA)Damoon will offer crypto-fiat-crypto payment services, as well as a digital assets custodianZURICH, SWITZERLAND, Feb 10, 2023 - (ACN Newswire via SEAPRWire.com) - Singapore investor and former parliamentarian Calvin Cheng's Swiss company, Damoon Technologies (‘Damoon') has been granted membership in the Swiss VQF, joining the ranks of some of the world's leading digital assets businesses.The latest development officially opens the door for Damoon to establish a presence in Switzerland. Thedigital assets company is building a platform for users to engage in crypto- to-fiat payments and vice versa, as well as a digital assets custody service.VQF is the largest and oldest cross-industry Self-Regulatory Organisation (SRO) in the country and is officially recognised by FINMA, Switzerland's financial services watchdog.Damoon must n...

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Hitachi to Strengthen Business Structure to Accelerate Growth through Digital, Green, and Innovation

ruth
5 minutes

TOKYO, Feb 2, 2023 - (JCN Newswire via SEAPRWire.com) - Hitachi, Ltd. (TSE:6501) today announced that as part of efforts to achieve the goals of the Mid-term Management Plan 2024, it will strengthen the business structure, effective April 1, 2023, in order to accelerate the growth of the Social Innovation Business, with a focus on digital, green, and innovation.1. Strengthening the Digital Business StructureTo accelerate the digital transformation for both customers and the Hitachi Group, Hitachi will establish the Digital Engineering Business Unit (BU) by integrating consulting, design, and digital engineering capabilities worldwide, including GlobalLogic Inc. Jun Taniguchi, the CEO of Hitachi Digital LLC, will hold a concurrent position as CEO of the BU, and it will resolve issues for customers and society and create new value by accelerating Lumada's cycle of value co-creation along with the Hitachi Group's various business divisions, further expanding the Social Innovation Business. Shashank Samant, Chairman of GlobalLogic, and Gajen Kandiah, CEO of Hitachi Vantara LLC, will hold respective concurrent positions as Executive Chairman and President of Hitachi Digital, which leads...

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GenTwo Continues Growth Story, New Inflows of Over US$1 Billion

indie
3 minutes

ZURICH, SWITZERLAND, Feb 1, 2023 - (ACN Newswire via SEAPRWire.com) - The international securitization specialist GenTwo celebrates its 5th anniversary and looks back on a fast-paced development. In 2022 the number of new products increased by 60% and international business doubled. The business momentum of GenTwo and its subsidiary GenTwo Digital has progressively picked up since the company was founded 5 years ago in February 2018. The products issued on its platform recorded over USD 1 billion in new inflows, resulting in a surge in assets under services growth to USD 2.5 billion as of today, despite the challenging market environment in 2022. The number of new products increased by 60% to a total of 900. This impressive growth underpins the ongoing high level of interest in alternative and digital investments among institutional clients around the world and Gen Two's expertise to provide flexible portfolio structuring for investors. "We were able to broaden our customer base once again in 2022 nationally and are currently servicing clients in over 25 countries. The number of clients grew by almost 50%, even 100% on an international level," says Philippe A. Naegeli,Co-Founder, a...

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Smart Digital Retail Philippines Moving to Another Date

indie
3 minutes

MANILA, Jan 31, 2023 - (ACN Newswire via SEAPRWire.com) - Smart Digital Retail Philippines would like to extend the opportunity for sponsors, attendees and partners to join the biggest event in the Philippine retail ecosystem. Hence, we made a decision to move the event to April 13, 2023. The event will take place at the same time and venue as planned.Smart Digital Retail Philippines will be moved to April 13, 2023 and will take place at the same time and venue as planned.The retail sector in the Philippines has been facing challenging times in the study period, which worsened due to the sudden COVID-19 pandemic. The majority forms of physical retail, including supermarkets and convenience stores, hypermarkets, specialty stores, department stores, and other small and medium store owners around the country, are facing challenges owing to the lockdown and physical distancing measures. Due to the fear of contamination, the state of Philippine retail, and the global economy as a whole, is entering a time of both hope and uncertainty. As countries continue to recover from the COVID-19 pandemic, there's been a concerted push to return to "normal."To mitigate the disruption caused by this...

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It’s GoTyme: Mambu enables Tyme Group to ‘lift and shift’ South African TymeBank digital banking concept into Asia

pandora
6 minutes

SINGAPORE, January 17, 2023 – (SEAPRWire) – Newly launched Filipino digital bank GoTyme Bank has partnered with global cloud banking platform Mambu to deliver an innovative digital banking solution that is aiming to improve access to high-quality financial services for Filipinos. Singapore-based Tyme Group, which has partnered with Gokongwei Group to launch GoTyme Bank in the Philippines, has had a long-standing relationship with Mambu, with the organisations working together for many years in South Africa, where Mambu powered South Africa’s TymeBank to transition into a fully-fledged digital bank. Nate Clarke, President and CEO of GoTyme Bank, said: “With the knowledge gained from transitioning TymeBank in South Africa to a fully digital bank, we knew we needed GoTyme Bank to be ‘born in the cloud’ in order to have the capacity to scale efficiently, so Mambu’s SaaS cloud-native, API-first banking platform was the obvious choice for us. We understood what the Mambu platform was capable of and we were confident it would enable us to ‘lift and shift’ the TymeBank digital bank concept from South Africa to the Philippines, a market very similar in some ways, but very different in other...

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GlobalLogic to Open New Digital Engineering Centers in Spain

ruth
4 minutes

SAN JOSE, CA, Jan 17, 2023 - (JCN Newswire via SEAPRWire.com) - GlobalLogic Inc., a Hitachi Group company and Digital Engineering leader, today announced plans to open new engineering centers across Spain. The announcement was made by Nitesh Banga, President and CEO of GlobalLogic, during a meeting with the Spanish Prime Minister Pedro Sanchez.The Spanish Prime Minister Pedro Sanchez receives GlobalLogic CEO Nitesh Banga.GlobalLogic specializes in digital engineering: combining experience design, complex software engineering, and data engineering to address its clients' needs for transformative services. The Spain centers will represent GlobalLogic's first sites in Southwest Europe, adding to more than 20 existing EMEA locations across 9 other countries. They will be charged with providing design-led digital engineering services to global and Spanish clients in both on-site and off-site support models depending on customer location and need.To meet robust demand for digital engineering and transformation, GlobalLogic has been steadily expanding its footprint with the introduction of new centers and the acquisition of strong digital engineering firms in strategic hubs around the wor...

ACN Newswire
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1MetaWorld forms JV with FAME Universe to deliver immersive metaverse fashion experience

indie
3 minutes

SINGAPORE, Jan 17, 2023 - (ACN Newswire via SEAPRWire.com) - Platform aggregator 1MetaWorld has entered into a joint venture agreement with Seoul-based FAME Universe to support fashion designers and digital creators to create, launch, sell and produce their own digital fashion NFTs in connection with physical garments and real-world experiences.Interactive digital fashion assets by 1FAME's Meta StudioBased in Singapore, the new joint venture 1FAME seeks to support the fashion industry's fight against counterfeiting with Web3 innovation, leveraging NFTs as unique tokens of authenticity and trusted tools for Metaverse e-Commerce and authentic real world experiences."Backed by the ONERHT network of professional services, 1FAME will continuously develop its 'phygital' business model by applying innovative Web3 solutions to the world of fashion, and leverage on 1MetaWorld's trusted and secured institutional grade transaction platform with curated community lifestyle privileges. This innovation will enhance the development of the fashion industry from Web3 into the Metaverse as well as solve current problems of fraudulent trading and counterfeiting," said 1MetaWorld Chairman, Mr Tan Chon...

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Coinbase and GenTwo Digital announce partnership for custody and execution

indie
4 minutes

ZURICH, SWITZERLAND, Jan 16, 2023 - (ACN Newswire via SEAPRWire.com) - GenTwo Digital, the Zug-based subsidiary of GenTwo AG, today announces a partnership with Coinbase, the publicly-listed cryptocurrency platform. GenTwo Digital, the leading provider of innovative securitization platforms is herewith extending the investment universe on digital assets for professional investors. This allows all Coinbase crypto assets to be wrapped in bankable financial investment products and enables financial intermediaries to issue innovative certificates such AMC's (Actively Management Certificates). Any financial intermediary can create white labelled investment products in collaboration with GenTwo Digital and execute via Coinbase's platform. Lucas A. Ereth, Managing Partner, GenTwo DigitalLucas A. Ereth, Managing Partner GenTwo Digital, says: "Through this partnership, GenTwo and Coinbase are not only providing a secure institutional gateway to crypto assets, but also helping GenTwo to fulfil our mission of expanding the investment universe, while creating a more open financial system for the world."Coinbase is the leading online platform for buying, selling, transferring, and storing crypt...

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Preservica Announces Partnership with Australia’s DatacomIT to Preserve and Future-Proof Access to Critical Long-Term Digital Information

indie
3 minutes

BOSTON, MA, OXFORD, UK and MELBOURNE, AU, Jan 12, 2023 - (ACN Newswire via SEAPRWire.com) - Preservica, a global leader in Active Digital Preservation archiving, announced today their partnership with Australia's DatacomIT, a leading provider of specialised digitisation and hosted solutions for digital collections.This partnership enables a seamless approach between digitisation and long-term Digital Preservation, with DatacomIT specialising in the conversion of analog materials to digital formats. Those who are already investing in digitisation will now be able to protect that investment by ensuring it is accessible, meets compliance and legal requirements, and is readable now and in the future with Preservica's Digital Preservation solution."DatacomIT is excited about our new partnership with Preservica," shared Eamonn Donohoe, General Manager, DatacomIT. "We can now offer our clients a one stop shop, from digitisation to Digital Preservation, and assist organisations to develop curation and preservation strategies. This partnership underpins our role as Australia's industry leader in digitisation and Digital Preservation, fulfilling our mission of securing the past for the futur...

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GlobalLogic Acquires Hexacta, an Innovative Digital Engineering Firm in Latin America

ruth
5 minutes

SAN JOSE, CA, Jan 6, 2023 - (JCN Newswire via SEAPRWire.com) - GlobalLogic Inc., a Hitachi Group Company and Digital Engineering Leader, today announced the acquisition of Hexacta, a Pan-Latin-America digital and data engineering company. The acquisition is part of GlobalLogic's continued strategy to expand its offerings, and its roster of exceptional engineering talent to meet the strong market demand for digital engineering services. For more than 20 years, Hexacta has successfully delivered high-quality software development, IT consulting, UI/UX design, and data engineering and analytics services. Hexacta's customer centricity and expertise across all phases of the software engineering lifecycle have resulted in a highly satisfied client base of globally renowned brands.Organizations continue to invest in building new digital products, platforms, and experiences to better engage customers, create new revenue streams, and become more sustainable. This continued transformational wave creates a strong demand for digital engineering--as provided by GlobalLogic and Hexacta. Through the acquisition of established software engineering firms with skilled team members, GlobalLogic will c...

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Society Pass (Nasdaq: SOPA)/Thoughtful Media Group Acquires More Media, Indonesia-based Digital Design and Branding Agency

indie
7 minutes

SINGAPORE, Dec 28, 2022 - (ACN Newswire via SEAPRWire.com) - Thoughtful Media Group Inc ("Thoughtful Media" or "TMG"), the Thailand-based social commerce-focused, premium digital advertising network of Society Pass Incorporated ("SoPa") (Nasdaq: SOPA), Southeast Asia's (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem, today announces the acquisition of More Media, a leading Indonesia-based creative design and branding agency. The More Media acquisition extends TMG's social commerce and influencer advertising business reach beyond Thailand and Vietnam and into the booming Indonesia digital advertising sector.Founded in 2021 as an international caliber design and branding agency serving up-and-coming Indonesian companies in the beauty, F&B, e-commerce and logistics sectors, More Media has grown its client base through quick deployment of value-added services and understanding of the local market tastes. With its focus on storytelling and providing end-to-end branding services, More Media has onboarded a diverse roster of clients such as Langsre, Emilia, Kei Dining, and Allino. Post acquisition, More Media is re-branded as Thoughtful Media Indonesia wi...

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ALTAVA Group Announces Complete Sell-out of BAGC Collection at Their Private and Whitelist Rounds

pandora
4 minutes

What Crypto Winter? BAGC Digital Collection Just Sold Out At a Blue Chip Mint Price Worth $2.7 Million Singapore, December 22, 2022 – (SEAPRWire) – ALTAVA Group is thrilled to announce the complete sell-out of the highly sought-after BAGC collection at their Private and Whitelist rounds. The Whitelist sales round sold out in less than 24 hours, and the Private sales round sold out two days before the deadline, the total value of 5000 BAGC for two rounds equals 2,250 ETH, or $2.7 million USD (assuming 1 ETH = $1200). What Crypto Winter? BAGC Digital Collection Just Sold Out At a Blue Chip Mint Price Worth $2.7 Million Singapore, December 22, 2022 – (SEAPRWire) – ALTAVA Group is thrilled to announce the complete sell-out of the highly sought-after BAGC collection at their Private and Whitelist rounds. The Whitelist sales round sold out in less than 24 hours, and the Private sales round sold out two days before the deadline, the total value of 5000 BAGC for two rounds equals 2,250 ETH, or $2.7 million USD (assuming 1 ETH = $1200). In the first 10 minutes of the private sale, 80,000 server requests along with 40,000 concurrent users. This surpasses the CCU that DappRadar previously rep...

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Future Ready Digital Transformation for Indian MSMEs: Campaign Powered by Staqo and SMEStreet to Empower MSMEs’ Digital Transformation

indie
4 minutes

NEW DELHI, Dec 22, 2022 - (ACN Newswire via SEAPRWire.com) - SMEStreet in association with Staqo embarks into the journey showcasing the best roadmap for Digital Transformation to Indian MSMEs. The initiative will be called as 'Digital Transformation & Future Readiness Series for MSMEs'. This collaboration will showcase the power of efficient digital transformation and guide Indian MSMEs to make the best use of contemporary digital automation for bringing busines process efficiency. In this campaign, Staqo will come as the tech knowledge and tech skill partner for educating the MSME sector to become Future Ready through best possible digital technologies. This initiative will also facilitate a fare evaluation of utilizing best in class technologies that can bring positive transformation of business processes like HR, Payroll, Attendance management, Reporting etc. Commenting on this campaign of 'Digital Transformation & Future Readiness Series for MSMEs' Faiz Askari, Founder Editor of SMEStreet and Secretary General of SMEStreet Foundation commented, "We realise the impoirtance of technollogy for MSMEs. We also know that having correct knowledge towards digital technologies ...

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Fujitsu’s Digital Annealer achieves excellent results in the Kutxabank project of requesting assets from its investment portfolios

ruth
3 minutes

TOKYO, Dec 22, 2022 - (JCN Newswire via SEAPRWire.com) - Fujitsu's quantum-inspired solution, Digital Annealer, has achieved excellent results in the ambitious project that the financial institution Kutxabank is developing to improve the allocation of assets to its investment portfolios.A project in collaboration with the company Quantum Mads and the open innovation platform INNOLAB Bilbao. The first phase, carried out from February 2021 to July 2022 as a proof of concept, has concluded with excellent results and directly enables the start of the second phase that will lead to the industrialization of the algorithm.During the proof of concept, the performance of the solution that has been developed using Fujitsu's Digital Annealer has been compared to the entity's current classic solution, taking into account both the return and the associated risk or volatility, with significant improvements being observed in both cases. Fujitsu's Digital Annealer has made it possible to calculate the optimal distribution of investments to be made, through a series of extremely complex permutation operations. For its part, Quantum Mads developed an algorithm that reduced the number of variables ne...

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Fintactics announces its new ventures Holoul and Leza’am; Signs MOU with Aion Digital and Bitfy Holdings at Trescon’s World Fintech Show

indie
5 minutes

SAUDI ARABIA, Dec 6, 2022 - (ACN Newswire via SEAPRWire.com) - World Fintech Show, a global fintech series managed by Trescon offered Saudi Arabia's fintech industry a platform for significant advancement. The event witnessed the launch of Fintactics Studio and its commitment to shape the future of fintech in the Kingdom of Saudi Arabia. World Fintech Show, which was held at the InterContinental in Riyadh, aided in establishing strategic alliances aimed at transforming the financial services industry for the foreseeable future.World Fintech Show played host to the announcement and commencement of numerous partnerships. Here are some exclusive highlights of the event.Launch of Fintactics Studio and VC Fund:Fintactics Studio, the first dedicated Fintech venture builder in the region supported by a 150Mn SAR CMA authorized VC fund, will concentrate on supporting internal businesses and investing in cutting-edge, high-growth fintech ventures throughout the kingdom, MENA, and the rest of the world.Fintactics Venture Builder has emerged out of Revival Lab and is launched under Arbah Capital.Trescon hosted senior executives from the organizations:Saad AlMoammar, Chairman, Revival LabMoham...

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Domineum and Expert Vision Consulting (EVC) partner to drive Digital Transformation Globally

indie
3 minutes

MECCA, Saudi Arabia, Dec 6, 2022 - (ACN Newswire via SEAPRWire.com) - The International Strategic Collaboration between UK-based Domineum (www.domineum.io) and Saudi-based Expert Vision Consulting (www.evc.sa) outlines the long-term goals between the two companies in line with Saudi Arabia's Vision 2030. Small and Medium Enterprises (SMEs) are among the most significant drivers of economic growth and an important area of focus of the Saudi Vision 2030: creating jobs, encouraging innovation, and strengthening economies. The aim of this partnership is to combine the strengths of each to drive digital transformation by creating access to new markets, new digital products, training, and investment tools.Domineum Blockchain Solutions, which helps governments and businesses digitize their processes to increase efficiency offers a full suite of Blockchain applications including Identity verification solutions, Credential verification, Land and real estate solution, Cargo Tracking Note solutions, and other software for more efficient work, will provide digital transformation services and support small and large companies' growth across the world.Expert Vision Consulting Company (EVC) is a ...

JCN Newswire
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Hexagon, Fujitsu support Stuttgart’s urban digital twin project

ruth
4 minutes

TOKYO, Nov 29, 2022 - (JCN Newswire via SEAPRWire.com) - Hexagon's Safety, Infrastructure & Geospatial division and Fujitsu Limited have partnered to deliver a digital twin platform for Stuttgart, Germany, to support the city's urban digital twin project. The Civil Engineering Office will use the SaaS solution to visualize and analyze data from IoT sensors across the city to promote sustainability and enhance quality of life for the 600,000 residents of Stuttgart.The solution will provide a common operating picture for monitoring sensor values, such as water quality, flood levels and parking space occupancy, enabling the city to derive insights for optimizing operations and making informed decisions for the future. The digital twin platform is based on Hexagon's M.App Enterprise and Xalt | Integration, with Fujitsu providing the necessary cloud infrastructure service for the project."The needs of our residents are very important to us," said Jens Schumacher, head of IT, Stuttgart Civil Engineering Office. "Stuttgart's Urban Digital Twin project will provide our office with a vast amount of mobility and environmental data, and the IoT analysis platform from Hexagon and Fujitsu w...