AVEVA has signed a memorandum of understanding (MoU) with Petrofac to accelerate digital initiatives for the energy industry.

ENEOS Materials Corporation and Yokogawa Electric Corporation announced they have reached an agreement that Factorial Kernel Dynamic Policy Programming (FKDPP), a reinforcement learning Autonomous Control AI algorithm, will be officially adopted for use at an ENEOS Materials chemical plant.

NVIDIA announced a collaboration with Microsoft to Host Industrial Metaverse on Azure Cloud Platform

Yinson Production (YP), an FPSO contractor, has entered into a Memorandum of Understanding (MOU) with AVEVA. The agreement builds upon the companies’ existing relationship and aims to help enable YP to develop fully autonomous and sustainable Floating Production Storage and Offloading (FPSO) solutions.

Cyient, a consulting-led, industry-centric, global technology solutions company, announced the opening of a Center of Excellence (CoE) to strengthen its partnership with iBASEt to drive digital transformation in the aerospace and heavy equipment industries.

Worldsensing acquires sensemetrics’ Thread Connectivity Device Business, While Bentley Becomes Lead Investor in Worldsensing’s Series D Capital Raise, and Both Parties Align on a Unique Joint Go-to-Market Offering

Autodesk has signed a definitive agreement to acquire UNIFI. When the acquisition is completed, existing UNIFI customers will retain full product access and support as we work on integration. 

Baker Hughes, an energy technology company, and HIF Global, an eFuels company, announced an agreement to cooperate on the development of direct air capture technology to capture carbon dioxide

The Linux Foundation and the Open Grid Alliance (OGA) announced the signing of a Memorandum of Understanding (MoU) for formal collaboration to Accelerate Edge Innovation

Otsuka Chemical Co., Ltd. and Yokogawa Electric Corporation announced the establishment of SynCrest Inc., a joint venture that will engage in research, development, and manufacturing in the field of middle-molecular pharmaceuticals