Europe has managed to extend its leadership position in implementing Internet of Things (IoT) technologies, with the help of more pilot projects and higher investments, according to a new report. A study by management consultants Bain & Company says companies in Europe are implementing IoT technologies three times faster than the average competitor in the Read More..
Hyundai’s commercial finance arm is trialling IBM blockchain to speed up and secure truck financing deals. The open source Hyperledger Fabric platform has been adapted by IBM to create a supply chain financing ecosystem. It’s claimed this will reduce lead time and transaction costs for dealers, distributors and manufacturers who will have access to the Read More..
BMW plans to open a technology scouting office in Tel Aviv, focusing on new technologies and cooperation with regional startup companies. The German premium car group will also look at opportunities to establish joint research projects with local universities. ” Tel Aviv has one of the fastest growing startup scenes in the world – especially in Read More..
Around the world, technology decision-makers at automotive OEMs and their suppliers are wrestling with some difficult decisions. How can they digitalise their supply chains in order to compete more effectively in the industry today, while at the same time preparing those supply chains for major disruption down the road? By Jessica Twentyman It’s a challenge Read More..
Ford partners with electric delivery company Gnewt to trial new micro consolidation service in London
A side-effect of online shopping is the increase in urban congestion and pollution, caused by the proliferation of delivery vans. According to Ford, journey times in London have risen by 40% in the last three years. In a bid to counter this, Ford is trialling software that will direct drivers to a micro-consolidation point. Pedestrian Read More..
Volkswagen’s first mass-market electric vehicle is set to launch later in 2019. In addition to the new car’s electric credentials, the company has focused production for the new VW ID. series on avoiding and reducing CO2 emissions. The battery cells will be produced in Europe, and the energy will come from green power sources. Meanwhile, the ID Read More..
IBM and IoT service provider Sigfox have implemented a system to digitally track containers at French carmaker PSA Group. The so-called “Track&Trace” system allows PSA to optimize container rotation between its supplier sites and its car factories. Track&Trace is based on the IBM Watson cognitive computing technology and on the 0G IoT network developed by Read More..
Nuro, a California-based self-driving vehicle startup, said it has raised $940 million in financing from the Softbank Vision Fund. Including investments from other companies, Nuro said it has now raised more than $1 billion to help further develop and commercialize its autonomous technology. Nuro last year introduced a driverless vehicle that is particularly suited to Read More..
Most US companies expect to maintain or increase headcount as more tasks are automated. According to a poll of 1,500 US employers by the Manpower Group, 91 percent don’t see any negative impact on staff levels resulting from automation. A mere 4 percent said they expected job losses. The results of the study conducted by Read More..
Despite plans to have fewer electronic control units (ECUs) in cars, there are still likely to be many ECUs in today’s and tomorrow’s connected vehicles. And every ECU requires additional lines of code. Israeli software specialist Aurora Labs says a modern premium car features around 100 million lines of code. The company has developed “self-healing” software to help protect the connected Read More..