The federal government has launched its $160 million fund to support small and medium sized Australian manufacturers to invest in new technology, grow and create new jobs. The Manufacturing Modernisation Fund will include $50 million from the government and will be matched by at least $110 million from industry. The fund will have two types … Continue reading Federal government launches Manufacturing Modernisation Fund
Political and economic uncertainty are causing a slowdown in Australia’s tech market, with only two per cent growth forecast for this year, and one per cent for 2018, according to research firm Forrester.
Infor has announced that Koch Equity Development (KED) has agreed to make an investment of more than $2 billion in the company.
The global HVAC market is projected to reach US$9.34 billion by 2024, according to a new report from Transparency Market Research which details trends in the sector from 2016-2024.
The Advanced Manufacturing Growth Centre has announced funding of $250,000 toward the Swinburne Manufacturing Futures Research Institute to boost the adoption of Industry 4.0 processes that will increase Australian manufacturing competitiveness.
Siemens and Bentley Systems have announced a strategic alliance agreement to drive new business value by accelerating digitalisation to advance infrastructure project delivery and asset performance in complementary business areas.
Companies making substantial investments in the Internet of Things (IoT) will be able to protect their return on those investments through a new breed of “IoT-enabled” insurance products, according to IoT company Relayr.
40 per cent of New Zealand businesses have expressed interest in investing in robotic processes and automation within the next 12 months, according to research by Alleasing New Zealand. In Australia, this statistic is 36.7 per cent.
Russian companies will invest more than $4 billion in the Internet of Things (IoT) in 2016, according to a study by IDC.
In a new report by Cebr, the engineering industry is examined on a global scale. This article will feature future trends, research and Engineering Index rankings, with a focus on where Australia stands on a global scale.
Chinese internet search giant Baidu has launched a US$200 million venture capital unit to invest in artificial intelligence (AI) projects, in light of its declining search and advertising business.
Investment in innovative sensors has tripled over the past decade, according to a new report that has identified the technology as one of the niches set to benefit most from IoT growth.