Shifting Ground: AI Analyzes Volcanoes for Signs of Eruption

Seattle, Naples and Tokyo are separated by thousands of miles, but they share a common neighbor: potentially devastating volcanoes. Around the world, about 800 million people live within 100 kilometers of a volcano, posing a threat to lives and livelihoods. Even eruptions that occur in remote areas can spread ash and disrupt public health, agriculture… Continue reading Shifting Ground: AI Analyzes Volcanoes for Signs of Eruption

Grammer completes acquisition of US components supplier TMD

02. Oktober 2018
Grammer schließt Übernahme des amerikanischen Zulieferers TMD ab-Alle Vollzugsbedingungen erfüllt und alle behördlichen Genehmigungen und Freigaben erteilt

-Deutlicher Ausbau der Marktposition und Wertschöpfung in den USA und Nordamerika
-Globale Aufstellung von Grammer bietet zusätzliches Wachstumspotential für TMD Produkte

-Zusätzliches Prozess- und Fertigungs-Know-how unterstützt strategischen Kurs des Grammer Konzerns
Amberg, 02. Oktober 2018 – Die Grammer AG hat die Übernahme des US-amerikanischen Automobilzulieferers TMD Toledo Molding & Die Inc. abgeschlossen. Die Transaktion wurde von den Kartellbehörden und allen Aufsichtsgremien genehmigt und alle Vollzugsbedingungen sind erfüllt. Mit der Übernahme von TMD setzt Grammer die Strategie zum Ausbau der Marktposition in Nordamerika erfolgreich fort. Grammer erwirbt mit der Übernahme zusätzliches Prozess- und Fertigungs-Know-how von Innenraumkomponenten. Durch die globale Aufstellung von Grammer können die TMD Produkte zukünftig auch außerhalb der USA vermarket werden und damit zusätzliches Wachstum in Europa und auch in China realisiert werden.

„Mit der Übernahme von TMD setzen wir einen wichtigen Baustein unserer langfristigen Strategie um. Wir haben einen idealen Partner gefunden, mit dem wir Know-how und eine Erweiterung unserer Produktpalette sowie den Ausbau unserer Präsenz im zweitgrößten Automobilmarkt der Welt erreichen“, sagt Hartmut Müller, Vorstandsvorsitzender der Grammer AG. „TMD ist für Grammer die größte Übernahme in der Unternehmensgeschichte und ein wichtiger Meilenstein. Mit dieser Übernahme und der gleichzeitigen Vertiefung der Zusammenarbeit mit unserem strategischen Partner Ningbo Jifeng wird Grammer in zwei wichtigen Wachstumsregionen deutlich gestärkt.“

TMD hat rund 1.600 Mitarbeiter an 11 Standorten in den USA und Mexiko. Der Zulieferer ist einer der führenden Entwicklungs- und Prozess-Spezialisten für thermoplastische Lösungen im nordamerikanischen Automobilmarkt. Darüber hinaus verfügt das Unternehmen über einen eigenen Werkzeugbau. So werden vorwiegend Innenraumkomponenten für sichtbare und nichtsichtbare Applikationen in der Automobilindustrie entwickelt und produziert.
Unternehmensprofil
Die Grammer AG mit Sitz in Amberg ist spezialisiert auf die Entwicklung und Herstellung von Komponenten und Systemen für die Pkw-Innenausstattung sowie von gefederten Fahrer- und Passagiersitzen für On- und Offroad-Fahrzeuge. Im Segment Automotive liefern wir Kopfstützen, Armlehnen, Mittelkonsolen sowie hochwertige Interieurkomponenten und Bediensysteme für die Automobilindustrie an namhafte Pkw-Hersteller im Premiumbereich und an Systemlieferanten der Fahrzeugindustrie. Das Segment Commercial Vehicles umfasst die Geschäftsfelder Lkw- und Offroad-Sitze (Traktoren, Baumaschinen, Stapler) sowie Bahn- und Bussitze.
Mit über 13.000 Mitarbeitern ist Grammer in 19 Ländern weltweit tätig.
Die Grammer Aktie ist im Prime Standard notiert und wird an den Börsen München und Frankfurt sowie über das elektronische Handelssystem Xetra gehandelt.

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Intrapreneurship at the very heart of the 13th edition of the DELFINGEN Leadership Meeting

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18
January 2019

Intrapreneurship at the very heart of the 13th edition of the DELFINGEN Leadership Meeting

The 13th edition of the DELFINGEN Leadership Meeting was held on December 4 – 7, and brought together over 80 Group executives from Europe / Africa, Asia and the Americas.

Why a Leadership Meeting?

DELFINGEN organizes its Leadership Meeting every year. It is an event that brings together the main Group executives for several days of conferences, workshops and team building. Various topics were discussed, and activities were organized, so that everyone could grow individually and collectively. Attendees could therefore get out of their day-to-day business and take a step back to imagine the future of DELFINGEN from a different and innovative angle.

Intrapreneurship at DELFINGEN

This year the intrapreneurship theme had been chosen, as part of the framework of actions that had already been undertaken by the Group. DELFINGEN had indeed started its intrapreneurship program, called “The Annex,” in June 2018. This is a real project accelerator for colleagues, as it means launching ideation challenges to create emulation around this approach, an Open Lab to model and test new products or concepts, as well as an intrapreneur support program to ensure the successful outcome of projects.

The Annex is a place and a digital platform to think “outside the box” about specific themes sponsored by the Group’s Management team. This program is currently underway in France and will be deployed on other sites abroad this year.

A round table was organized on the first day to raise awareness amongst the attendees about the notion of intrapreneurship with internal and external speakers, such as

Vinesh Punjabi (Business Development Manager for DELFINGEN in India), about his experience with intrapreneurship within the company;
Céline de Greef (Founder of MyCrowdCompany), the platform we use as part of The Annex (THE space dedicated to intrapreneurship at DELFINGEN);
Dominique Ebel, Delegate Regional Director at ENEDIS, about his experience with intrapreneurship within this major French company;
Olivier Lamotte, Research engineer, in charge of ’Innovation Crunch Time© / Crunch Lab at UTBM, Engineering College in the French top 10, leader in innovation.

All these people have tested intrapreneurship out in their own organizations, and this round table was organized, so we could listen to their impressions and they could share their motivations, successes and precious advice about this with us.

The DELFINGEN Hackathon

After a first day based on presentations and experience-sharing, DELFINGEN wanted to organize its own hackathon in partnership with the UTBM, in the form of a Crunch Time©. The organization team, in collaboration with members from the Executive Committee thus determined 5 strategic subjects for the future of DELFINGEN, so 10 teams could work on them for 2 and a half days.

The Hackathon was held in the UTBM’s premises, so that staff would be removed from the company context and thereby be as creative as possible. Mini-conferences were organized to provide teams with assistance at various stages of their projects:

– Setting an objective / how a team works

– Stress management

– Agile methods

– Design thinking

– Lean start-ups

– Knowing how to pitch

The conferences were conducted by internal speakers, considered as experts in the domain and also by Jean-François Thiriet, coach for managers and team facilitator.

Creativity, energization and modelling activities, such as Lego Serious Play© based on the attendees’ projects were also organized by Diverty Events.

The UTBM not only hosted the event, but also provided access to all of its infrastructures so teams could prototype, such as interactive digital screens, 3D printing and laser cutting. The engineering students were also present to provide technical support to the groups.

After 2 and a half days of work, the challenge did not stop there, as teams only had 5 minutes to present their projects!

The attendees each grew in their own way at every stage of this hackathon, depending on the aspects that left a lasting impression on them. The organization was sponsored by the DELFINGEN Academy, an internal training school within the Group, the main objective of which is to pass on know-how and acquire knowledge and skills. A Crunch Time© was therefore the ideal opportunity to do this!

The teams’ multidisciplinarity and cultural diversity were key criteria for the success of this exercise and founded the richness of the projects that were presented.

This first hackathon in the form of a Crunch Time© was therefore a resounding success and DELFINGEN will no doubt repeat the experience.

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DELFINGEN to attend the “International Suppliers Fair” (IZB) in Germany

AEye Advisory Board Profile: Scott Pfotenhauer

We sat down with each of our Advisory Board Members to ask them about their vision for the future of self-driving cars…
Mr. Pfotenhauer began his career at Intel in the mid 1970’s and has since been involved with numerous technology companies. Since joining Morgan Stanley in 1996, he developed and leveraged an expansive network of investment banking and wealth management resources to help clients formulate exit strategies for their businesses. He is a Senior Investment Management Consultant with Morgan Stanley, advising private client and corporate executives. Pfotenhauer obtained both a BA and MBA in Business from California Coast University.

Q: Where do you see ADAS solutions, autonomous vehicles, and/or artificial perception, heading within the next few years? The next decade? Beyond?
I was fortunate enough to work for Intel from the mid 70’s to the mid 90’s — and participated in the advent of desktop and mobile computing, which had their foundation on Intel products.

In the last 25 years, I’ve continued to look around the corner to try and spot the next “big thing”. We now have the advanced computing tools that allow companies to apply Artificial Intelligence (AI) within their decision making and take advantage of big data. These trends converge around the auto industry and its next inflection points — EVs and autonomy.

Q: What do you see as the next logical step for the auto industry?
When I think about the auto industry, it’s remarkable how many inflection points it has gone through. The internal combustion engine of 1876 made cars feasible, while mass production which began in the early 1900’s made them affordable. The starter engine of 1912 rendered hand cranks obsolete, and then the first transcontinental highway in 1913 opened up the nation. The pickup truck of the early 1930’s made the vehicle more functional, while the automatic transmission, power steering, and braking of the 40’s and 50’s made it easier and safer for just about anyone to drive.

Seat belts, anti-lock brakes, and airbags increased the safety, while GPS and maps made us all more efficient. Now we have begun the climb up the 5 levels of automation — we won’t get anywhere without a complete set of artificial eyes — that are always on, don’t blink, don’t get distracted, or won’t tire.

AEye Advisory Board Profile: Scott Pfotenhauer — AEye Advisory Board Profile: Elliot GarbusAEye Advisory Board Profile: Tim ShipleThe Future of Autonomous Vehicles: Part I – Think Like a Robot, Perceive Like a HumanThe Future of Autonomous Vehicles: Part II – Blind Technology without Compassion Is RuthlessDeconstructing Two Conventional LiDAR MetricsAEye’s iDAR Shatters Both Range and Scan Rate Performance Records for Automotive Grade LiDARElon Musk Is Right: LiDAR Is a Crutch (Sort of.)AEye’s iDAR Leverages Biomimicry to Enable First Solid State Lidar with 100Hz Scan RateBlair LaCorte Named President of AEyeFutureCar Provides an In-Depth Look into How AEye’s AI-Based Perception System Can Become the ‘Eyes’ of Self-Driving Cars

Cummins to Provide the United States Postal Service with Eight Fully-Electric Vehicles in California

COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) has begun delivering eight Cummins-powered all-electric vehicles to the United States Postal Service (USPS). The fully-electric Cummins PowerDrive equipped vans are expected to eliminate vehicle emissions and reduce fuel and maintenance costs. The pilot program, made possible by a grant from the California Air Resources Board to the San… Continue reading Cummins to Provide the United States Postal Service with Eight Fully-Electric Vehicles in California

Robots on the Move, Powered by Lidar

March 4, 2019 Photo via Knightscope The role of robots in the workplace is evolving through the power of lidar technology. Robots are moving beyond being stationary workhorses in industries, such as manufacturing, to becoming mobile machines that operate autonomously and traverse changing and unstructured environments. FedEx is the latest company to introduce mobile robot… Continue reading Robots on the Move, Powered by Lidar

Quantum Computing

Quantum computing is an exciting new computing paradigm with unique problems to be solved and new physics to be discovered. Quantum computing, in essence, is the ultimate in parallel computing, with the potential to tackle problems conventional computers can’t handle. For example, quantum computers may simulate nature to advance research in chemistry, materials science and… Continue reading Quantum Computing

GRAMMER AG – Lower revenues due to weaker OEM sales and transaction costs impact result in the 3rd quarter of 2018 – adjustment of full-year outlook necessary

15. Oktober 2018
GRAMMER AG – Umsatzrückgang aufgrund Absatzschwäche der Pkw-Hersteller und Transaktionskosten belasten Ergebnis im dritten Quartal – Anpassung der Gesamtjahresprognose erforderlich Veröffentlichung einer Insiderinformation gemäß Art. 17 MAR
GRAMMER AG (WKN 589540, ISIN DE0005895403)

GRAMMER AG – Umsatzrückgang aufgrund Absatzschwäche der Pkw-Hersteller und Transaktionskosten belasten Ergebnis im dritten Quartal – Anpassung der Gesamtjahresprognose erforderlich

Amberg, 15. Oktober 2018 – Auf Grund des gegen Ende des dritten Quartals anhaltenden Umsatzrückgangs im Automotive-Bereich, ausgelöst durch die verstärkte und sich weiter fortsetzende Absatzschwäche vor allem im europäischen Pkw-Markt, wird das Konzernumsatzziel für das Gesamtjahr 2018 (1,85 Milliarden Euro) voraussichtlich um mindestens 50 Millionen Euro verfehlt werden.
Nach ersten, vorläufigen Ergebnissen für das dritte Quartal ist die erwartete saisonale Belebung nach dem Ende der Sommerferien im September im Automotive-Bereich nicht erfolgt, so dass die Umsatz- und operative Ergebnisentwicklung in diesem Bereich das Konzernergebnis von Grammer negativ beeinträchtigt hat. Damit wird das operative Konzernergebnis vor Zinsen und Steuern (operatives EBIT) im Zeitraum Januar bis September 2018 mit rund 57 Millionen Euro den Vorjahreswert von 58,6 Millionen Euro knapp unterschreiten.
Zudem fielen im GRAMMER Konzern typische einmalige Transaktionskosten im Zusammenhang mit der Übernahme der Gesellschaft durch ein verbundenes Unternehmen des strategischen Partners Ningbo Jifeng im dritten Quartal an.
Insgesamt wird daher das kumulierte Konzernergebnis vor Zinsen und Steuern (EBIT) im Zeitraum Januar bis September 2018 mit rund 27 Millionen Euro den entsprechenden Vorjahreswert von 45,8 Millionen Euro erheblich unterschreiten. Ausgelöst durch das negative Konzernergebnis im dritten Quartal erwartet das Unternehmen daher, dass das Konzern-EBIT im Gesamtjahr 2018 deutlich unterhalb des Gesamtjahres-EBIT des Vorjahres von 66,5 Millionen Euro und damit auch unterhalb der aktuellen Gesamtjahresprognose liegen wird.
Eine neue Umsatz- und Ergebnisprognose wird das Unternehmen im Rahmen der Q3-Berichterstattung am 13. November 2018 veröffentlichen.

Grammer AG
Der Vorstand

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4 Mar 2019 GKN trials world-first battery electric vehicle with two-speed …

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