AWS re:Invent 2024, held in Las Vegas, was a whirlwind of announcements about the speeds and feeds of silicon, clustering, networking, storage, and application development, which showcased AWS's commitment to advancing AI technologies and making them more accessible to enterprise developers.
Yokogawa Electric Corporation announced the release of OpreX™ Subsea Power Cable Monitoring, a system for monitoring cables used in the transmission of electricity generated at offshore wind power facilities. By constantly monitoring temperature increases in the subsea power cables caused by damage, this product enables condition-based maintenance, and the reduction of operational costs required for inspection and maintenance.
Schneider Electric has announced two new solutions designed to help meet the demands of AI-ready infrastructure.
On November 25, 2024, FLUX announced that it has completed a financing round of more than RMB 300 million, which was led by Matrix Partners China and followed by Gao Cheng Capital and GL Ventures.
Honeywell announced that it has agreed to sell its Personal Protective Equipment (PPE) business to Protective Industrial Products, Inc. (PIP), a portfolio company of Odyssey Investment Partners, for USD 1.325 billion in an all-cash transaction. The transaction is intended to further simplify the company’s portfolio and accelerate value creation in alignment with three defined megatrends: automation, the future of aviation, and energy transition.
AWS IoT SiteWise is a managed service that simplifies the collection, organization, and monitoring of industrial equipment data at scale. The company is expanding the service with the announcement of general availability of AWS IoT SiteWise Assistant, a generative AI-powered assistant that allows industrial users to gain insights, solve problems, and take actions from their operational data and other data sources intuitively using natural language queries.
Hitachi Energy has unveiled Nostradamus AI, an artificial intelligence (AI)-powered energy forecasting solution designed to help energy sector stakeholders improve forecasting and decision-making. With its tailored analytics and precision, Nostradamus AI helps to empower utilities, power system operators, energy producers, and traders to further optimize their operations in an increasingly complex energy landscape.
Microsoft recently announced a suite of adapted AI models designed to address specific industry needs.
Stratus, a Penguin Solutions brand and provider of autonomous zero-touch computing platforms, announced Stratus ztC Endurance