ARCwire Industry News

The Digital Manufacturing and Design Innovation Institute (DMDII) announced that the U.S. Department of Defense (DoD) has awarded $10 million in funding this year and is pledging at least $20 million more over the next five years to drive the digital future of manufacturing. 

ExxonMobil said a new partnership with Microsoft will help make its Permian Basin operations the largest-ever oil and gas acreage to use cloud technology and is expected to generate billions in net cash flow over the next decade through improvements in analyses and enhancements to operational efficiencies.

Balena, fka resin.io, officially released the balenaFin, a carrier board designed for the Raspberry Pi Compute Module 3 & 3+. The announcement coincides with the launch of the v1.1 revision, featuring many improvements to their original v1.0 board.

ARC Advisory Group had the opportunity to attend the 5th Annual Well Site Automation Conference held in Houston, Texas back in January. About 250 people attended the conference and there were about 15 exhibitors.

The 49th World Economic Forum Annual Meeting in Davos, Switzerland, January 22–25, 2019, drew more than 3,000 participants from 115 countries.  This year’s theme was "Globalization 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution.”

A project funded by the European Union (EU) aims to improve the ability of robots to set their own goals and develop autonomous skills. According to the European Commission, this would increase EU’s competitiveness in the field of artificial intelligence and advanced learning. Can robots learn?

Telit, a global enabler of Internet of Things (IoT) solutions, announced Telit OneEdge, a new initiative developed to help speed IoT deployments and reduce the time required to monetize the digitalization of businesses.

Rockwell Automation and Schlumberger announced that they have entered into an agreement to create a new joint venture, Sensia, an integrated digital oilfield automation solutions provider.

Hewlett Packard Enterprise (HPE) announced the HPE Edgeline EL8000 Converged Edge System to help communication service providers (CSP) capitalize on data-intensive, low-latency services for media delivery, connected mobility, and smart cities.

Mitsubishi Electric Corporation announced that it will extend its MELIPC series of industrial PCs for edge computing and control applications in the field of factory automation (FA) by introducing two new MI3000 units on February 28.