Automated Storage & Retrieval System Revenues to Surpass US$15 Billion by 2030 as Supply Chains Aim to Resolve Exposed Weaknesses

Continued operational constraints and macroeconomic headwinds fuel wider adoption in warehouse automation, labor optimization, and software investment NEW YORK, July 18, 2023 /PRNewswire/ — Investment in warehouse automation and management systems continues to rise as supply chains look to resolve exposed weaknesses and create greater resilience to macroeconomic headwinds. According to global technology intelligence firm ABI… Continue reading Automated Storage & Retrieval System Revenues to Surpass US$15 Billion by 2030 as Supply Chains Aim to Resolve Exposed Weaknesses

VINFAST TO HOLD NORTH CAROLINA EV FACTORY GROUNDBREAKING CEREMONY JULY 28

RALEIGH, N.C., July 18, 2023 /PRNewswire/ — VinFast announced it will hold the groundbreaking ceremony of its electric vehicle factory in North Carolina on July 28. This will be the first electric vehicle manufacturing facility in North Carolina, and will help contribute to the supply of electric vehicles in North America and accelerate the global… Continue reading VINFAST TO HOLD NORTH CAROLINA EV FACTORY GROUNDBREAKING CEREMONY JULY 28

Trip.com Group unveils new initiatives to support customers planning their next trip

Empowering travellers through AI-driven strategy SHANGHAI, July 17, 2023 /PRNewswire/ — Trip.com Group, a leading travel service provider, today unveiled a series of enhanced services aimed at empowering travellers through AI-led capabilities and knowledge. Continue Reading image_5004521_42296787 image_5004521_42297694 1 Speaking at Trip.com Group’s AI-driven strategy press conference, James Liang, Co-founder and Executive Chairman of the… Continue reading Trip.com Group unveils new initiatives to support customers planning their next trip

Aisin and Vayyar Join Forces to Prevent Vehicular Heatstroke Tragedies in Japanese Kindergarten Buses

4D imaging radar sensors to be deployed as part of government initiative to stop hot vehicle incidents. KARIYA, Japan and TEL AVIV, Israel, July 17, 2023 /PRNewswire/ — Global Tier 1 automotive supplier Aisin and Vayyar, the leading Tier 2 in 4D imaging radar, are partnering to deploy advanced sensors in Japanese kindergarten buses to prevent… Continue reading Aisin and Vayyar Join Forces to Prevent Vehicular Heatstroke Tragedies in Japanese Kindergarten Buses

Malaysia’s Vynn Capital ropes in Sime Darby, AEI Capital as LPs in new VC fundThe new fund, its second VC fund, is targeted to close at $30m.

Kuala Lumpur-based venture capital (VC) firm Vynn Capital on Wednesday announced that Malaysian conglomerate Sime Darby Bhd and Hong Kong-based investment firm AEI Capital have joined as limited partners (LPs) in its new fund. The company, however, did not disclose the amount of capital the LPs have injected into the fund, which is targeted to… Continue reading Malaysia’s Vynn Capital ropes in Sime Darby, AEI Capital as LPs in new VC fundThe new fund, its second VC fund, is targeted to close at $30m.

Trip.com Group unveils new initiatives to support customers planning their next trip

Empowering travellers through AI-driven strategy SHANGHAI, July 17, 2023 /PRNewswire/ — Trip.com Group, a leading travel service provider, today unveiled a series of enhanced services aimed at empowering travellers through AI-led capabilities and knowledge. Continue Reading image_5004521_42296787 image_5004521_42297694 1 Speaking at Trip.com Group’s AI-driven strategy press conference, James Liang, Co-founder and Executive Chairman of the… Continue reading Trip.com Group unveils new initiatives to support customers planning their next trip

Aisin and Vayyar Join Forces to Prevent Vehicular Heatstroke Tragedies in Japanese Kindergarten Buses

4D imaging radar sensors to be deployed as part of government initiative to stop hot vehicle incidents. KARIYA, Japan and TEL AVIV, Israel, July 17, 2023 /PRNewswire/ — Global Tier 1 automotive supplier Aisin and Vayyar, the leading Tier 2 in 4D imaging radar, are partnering to deploy advanced sensors in Japanese kindergarten buses to prevent… Continue reading Aisin and Vayyar Join Forces to Prevent Vehicular Heatstroke Tragedies in Japanese Kindergarten Buses

Demand for raw materials and components weakens sharply in Europe and North America in June, Indicating greater risk to the economy heading into the second half of 2023: GEP Global Supply Chain Volatility Index

Worldwide supply chain spare capacity rises for the third successive month, remaining at the highest level since zenith of the pandemic in May 2020 Demand in Asia, led by India, is holding up better than in Europe and North America, highlighting divergence in growth between Western and Eastern economies Global supply shortages fell to their… Continue reading Demand for raw materials and components weakens sharply in Europe and North America in June, Indicating greater risk to the economy heading into the second half of 2023: GEP Global Supply Chain Volatility Index

Global Aerostat System Market Expected to Reach $11.32 Billion in 2023, Driven by Technological Advancements and Growing Demand for Persistent Intelligence, Surveillance, and Reconnaissance

DUBLIN, July 18, 2023 /PRNewswire/ — The “Aerostat System Global Market Report 2023” report has been added to ResearchAndMarkets.com’s offering. The global aerostat system market is projected to experience significant growth, reaching $11.32 billion in 2023 with a compound annual growth rate (CAGR) of 16.4%. The market is expected to further expand to $19.90 billion in… Continue reading Global Aerostat System Market Expected to Reach $11.32 Billion in 2023, Driven by Technological Advancements and Growing Demand for Persistent Intelligence, Surveillance, and Reconnaissance

Pactum AI Launches SAP Integration to Solve “Tail Spend”

AI Chatbot solution saves millions of dollars through autonomous negotiations for enterprise customers. MOUNTAIN VIEW, Calif., July 18, 2023 /PRNewswire/ — Pactum AI, the pioneer of autonomous negotiations, has announced that its integration with SAP is now available on the SAP® Store, the online marketplace for SAP and partner offerings. This addition brings cutting-edge AI chatbot negotiations… Continue reading Pactum AI Launches SAP Integration to Solve “Tail Spend”