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Looking ahead to 2025, what do you see as the key technology trends that will shape the Middle Easts digital landscape? By 2025, several key technology trends will shape the Middle Easts digital landscape. Investments in healthcare technologies will grow, driven by national health strategies and pandemic-driven innovation.
Commitments to carbon neutrality keep coming from all corners of the business world — over the past few weeks, companies ranging from the fast-casual restaurant chain Sweetgreen to the security-focused networking IT company Palo Alto Networks to the online craft retailer Etsy committed to net-zero carbon emission plans.
Decarbonising transportation through electrification is critical to helping companies and economies meet net-zero emissions targets. Fortunately, three forces are combining to make this vision for sustainable transportation a reality: connectivity, digitalisation, and cross-sector collaboration.
Electrification technologies have yet to account for ways to propel aircraft or move massive seafaring vessels, and a consensus is emerging among technologists that hydrogen will be the best solution to ensure zero-emissions flight can become a reality. We are not building new technology in the hydrogen manufacturing space. .
The B2B e-commerce industry has broad reach, encompassing everything from commerce infrastructure and payments technology to procurement and supply-chain solutions. Compliance: In some verticals, particularly those related to healthcare and chemicals, there is a heavy compliance burden to ensure goods are properly sourced and transported.
Urtasun described Waabi , which currently employs 40 people and operates in Toronto and California, as the culmination of her life’s work to bring commercially viable self-driving technology to society. Deep nets have their own set of problems. Finally, deep nets require an immense amount of data to learn.
At the recent UN Climate Change Conference (COP28), Huawei and e& announced the inauguration of the region’s ground-breaking net-zero 5G massive MIMO site, setting new benchmarks in sustainability and technological innovation. Massive MIMO technology, the cornerstone of 5G, improves capacity, coverage and user experience.
It was a technology that he soon recognized would need what every other mission-critical system requires: humans. . “The motivation is really simple — it’s simple but it’s hard to do — and that’s to make affordable autonomous transportation closer to reality,” Rosenzweig said.
A quick peek at comments and posts on LinkedIn reveals squabbles among industry insiders and analysts about when this emerging technology will truly take off and which companies will come out ahead. Meanwhile, Joby’s net loss last year was $114.2 Other disagreements have higher stakes. million and Archer’s was $24.8
The company says it plans to use the proceeds to carry out the large-scale commercialization of its autonomous driving technology, including both robotaxi and robotruck services. The company posted a net loss of $52 million for the first half of 2024, down from $70 million in the year-ago period.
However, net new unicorn companies from China dropped year over year to 17 in 2024, down from 29 in 2023, amid a broader decline in funding to Chinese-based startups. The most valuable new 2024 unicorn company from China is Huawei Technologies smart car subsidiary Yinwang Smart Technology , valued at $16 billion.
Northern Lights was incorporated in March as a joint venture between Equinor, Shell and Total to provide processing, transportation and underground sequestration services for captured carbon dioxide emissions. There is growing awareness of the need to build capacity to remove CO 2 from the atmosphere to achieve net zero by 2050.
Ugandan technology-enabled asset finance company Tugende today announced that it has closed $3.6 The company uses asset finance, technology and a customer support model to help micro, small and medium-sized enterprises own income-generating assets. million in a Series A extension round. Michael Wilkerson founded Tugende in 2012.
The Station is a weekly newsletter dedicated to all things transportation. Against that backdrop of unsafe practices, I wanted to note an important departure over at the Department of Transportation. The UK’s Department of Transport reports weekday cycling rates have jumped 47% in the first half of 2022.
Jaeuk Park, CEO of Socar, told TechCrunch earlier that the company was pushing ahead with its listing plans because it was confident in its performance and expected to generate both operating profits and net profits by the end of this year. It will launch its transportation super-app later this year, providing all-in-one mobility services.
Its high time we accepted the reality that climate diplomacy wont succeed in getting us to net-zero. Its time to bring pragmatism to the table by unleashing technology where it matters, to enable a cleaner, more resilient and more productive economy. Rethinking real estate No area needs attention more urgently than our built world.
In addition, the Sion is built with bidirectional charging technology, which allows commuters to use energy stored in the battery (~11 kW) to power homes or other electronic devices. That could mean a net sales volume of €415 million if all reservations result in sales. gallery ids="2360114,2360119,2360115"].
Raquel Urtasun, scientist, founder and CEO of autonomous vehicle technology company Waabi, launched her company in June 2021 , a time when it seemed like the AV industry was consolidating. The following interview, part of an ongoing series with founders who are building transportation companies, has been edited for length and clarity.
The decision to analyze data in a location that’s far removed from where it’s generated must take into account the cost of transporting data to the remote location, as well as capacity considerations for both the transport network and the data center or cloud that will process the data. Interested in learning more?
On any given day, you can find news on the funding of sustainable technology at the small end of towns (every large venture capital firm has at least one alternative meat company in their portfolio) or the ESG responsibility of large corporations. Climate change is the biggest investor tailwind of the century.
Jona Christians and Laurin Hahn, Sono Motors’ co-founders, weren’t that into cars, but they recognized how much transportation contributes to the burning of fossil fuels and thought that would be a good place to start. Sono is also working with companies to integrate its solar technologies into other vehicles.
LanzaJet claims that it can help the aviation industry reach net-zero emissions, something that would go a long way toward helping the world meet the emissions reductions targets set in the Paris Agreement. LanzaJet inks deal with British Airways for 7,500 tons of low-emission fuel additive per year.
I see it as a net positive that I don’t think there’s enough capital that we could put towards this to really find the underlying true issues here. Which technologies are you paying attention to right now? Electrification is a global trend in transportation, power generation, and elsewhere. Some solutions (e.g.,
Iris Automation is developing computer vision products that can help simplify the regulatory challenges involved in setting standards for pilotless flight, thanks to its detect-and-avoid technology that can run using a wide range of camera hardware.
Imagine transporting a large quantity of goods. Using trucks to transport the same amount of goods would require multiple vehicles and trips, which increases fuel consumption significantly. Using trucks to transport the same amount of goods would require multiple vehicles and trips, which increases fuel consumption significantly.
Since then, Cartken has started pilots with Reef Technology to bring food from Reef’s network of delivery-only kitchens to customers in Miami, with Erasmus University in Rotterdam to delivery convenience store items to students, and with Mitsubishi to provide indoor and curb-side delivery for Starbucks customers at a popular mall in Japan.
Digitalization will allow warehousing and transportation operations to elevate customer experience, deliver more value to partners, and consequently – create an effective ecosystem of supply chain providers: manufacturers, carriers, freight forwarders, and more. Strategic transport planning. Transport management.
The good news for SAP is that many of the customers adopting its cloud-based S/4HANA offering are net-new, meaning more market share. That technology is the focus of another big change for Rise with SAP: the arrival of a new price tier, Premium Plus. Generative AI can help a lot there,” he said. ERP Systems, Private Cloud
With its first electric vehicle now outselling the quintessential 911 sports car, the German automaker is responding by upping its bet on EVs, in part via a hefty investment in lithium-silicon battery developer Group14 Technologies. Group14’s key technology is a silicon-carbon powder that can either replace or augment graphite anodes.
The Station is a weekly newsletter dedicated to all things transportation. And yes, it absolutely has affected the the transportation sector, specifically the hundreds of startups within the sector. The first panel, entitled “Can Collaborations Unlock the Future of Transportation?” Subscribe for free.
As a global technology company with decades of sustainability leadership , Dell Technologies has a strong point of view informed by data and science, and we’re working with others to chart the path forward. energy), transportation, and end of life over a period of four years.
AEye, a lidar startup that developed its technology for use in autonomous vehicles as well as to support advanced driver assistance systems in passenger cars, is going public through a merger with CF Finance Acquisition Corp. The company said it expects to generate $4 million in revenue in 2021 and a net loss (EBITDA) of $59 million.
Due to the complexity and scale of the challenge, not all businesses have the resources to move toward net-zero at the necessary pace, and many are lagging. The technology stack is complemented by professional services from strategy through to execution to ensure that the data is actionable and that there is a clear ROI.
We are far from clear in knowing which technology will be the best,” she said. “So If Jeff Bezos walks into a bar with 100 people, suddenly, on average, the net worth of each individual in that bar is over a billion dollars. So it is good there are so many players and a space for them.”. Thanks very much for reading, Walter Thompson.
2] But by 2050, as we collectively seek to meet net-zero targets, 90% of the world’s electricity is predicted to come from renewable sources. [3] Likewise, greater interest in vehicle-to-grid (V2G) technologies and smart appliances is adding complexity in terms of power flows that necessitate more intelligent metering at the edge.
It reported a net loss of $27 million, or $0.12 The balance of general expenses versus R&D suggests that while work continues on its lithium-metal technology, an increasing amount of the company’s cash hoard is being spent on building larger scale facilities in the ramp up to commercial production.
business leaders found that 71% of respondents were committed to a net-zero target and a further 26% reported targets to be under development. Learn more about IDC’s research for technology leaders. She focuses on bridging the gap between the technology sector and the leaders who provide the governance and investment needed to succeed.
At yet when it is home to many of your company’s assets, as is the case for ConocoPhillips, sometimes the best IT strategy is to bring technologies closer to the edge. They involve a manual up-front design phase followed by handoffs across the supply chain and miles of transportation, a sequence of events that can take 30 weeks if not longer.
In the transport business, it is all about planning, monitoring and execution. This is the key to running a successful transport business, and achieving it sounds a lot easier than it is. Transport businesses face loads of challenging factors such as planning, communication, maintenance, speed and reliability.
For example, a real estate project of 100,000 square feet could net $1 million in add-on revenues over five years from digital twin-related services, and nearly 80% of an asset’s lifetime value is realized in operations. Over time, these subscription-based services could add a significant amount to the original sale price.
Backbone today announced that it raised $14 million in seed funding from Nautilus Ventures, 12/12 Ventures, and individual investors to prove out its technology. While they might not boast about “mesh chain” technology, a number of companies compete with Backbone in the growing supply chain management software space.
“As a reminder, the driver-out pilot will consist of multiple runs performed over multiple weeks and is a major part of ongoing technology development across many dimensions, including software, hardware and go-to-market. TuSimple’s net loss per share, at $0.54, was greater than the expected $0.49.
But in most cases, even the most valuable one-time venture-backed technology companies went public before turning profitable. That’s the question we set out to explore, with an eye to gauging investors’ tolerance threshold when waiting for a public company to produce net income. While they eventually made money, it often took a while.
COVID-19 has spotlighted many of the weakest points in our transportation system, but some of the rapid shifts in consumer behavior are creating opportunities for tech once considered fanciful, like sidewalk delivery robots and eVTOLs (electric vertical and takeoff vehicles). Image Credits: John Lund (opens in a new window) / Getty Images.
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