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Industry News and Press Releases

Augmented Reality for Enterprise Alliance publishes key research

Today, the Augmented Reality for Enterprise Alliance (AREA) published a new research report entitled 3D Mapping Solutions for Enterprise AR.

Kongsberg Digital signs multi-year agreement with Chevron to digitalize global assets

Kongsberg Digital (KONGSBERG) has entered into a strategic agreement with the integrated energy company Chevron Technical Center, a division of Chevron U.S.A., Inc. (hereinafter referred to as “Chevron”) to digitize their global assets using Kongsberg Digital's digital twin technology.

Cognite Advances Industrial Data Modeling Practices for Digital Twins to Deliver 10 - 25x Faster Scalability of Industrial Solutions

Cognite, a global leader in industrial software, today announced data product-based, advanced data modeling capabilities coming to its Industrial DataOps platform, Cognite Data Fusion.

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Viking Analytics raises Series A of more than € 3mn for global expansion

Viking Analytics AB, the Swedish company developing AI-based machine health monitoring technology, today announced the closing of its Series A round.

Andritz to leverage KCF technologies machine health monitoring solutions to improve customer plant safety

International technology group ANDRITZ and KCF Technologies, a leading provider of machine health solutions, announced their global collaboration today.

KBR Asset Ikigai Next-Gen Asset Management Framework Now Available to Government, Commercial Customers

KBR announced today the release of Asset Ikigai®, an ISO 55001-certified, next generation asset management framework to help customers maximize the value they can realize from their physical asset portfolios.

SKF streamlines bearing analysis for Ansys users

Machine designers increasingly rely on earlier and more predictively accurate simulations to accelerate product development, help eliminate errors and reduce the need for physical prototypes.

The Boundary acquires digital twin pioneer, Buildmedia

Pioneering visualization studio The Boundary has acquired Buildmedia, the Auckland-based creative studio widely considered to be the world leader in city-scale digital twins, off-plan interactive real estate sales and marketing solutions in addition to memorable immersive eCommerce virtual reality experiences.

Bentley Systems’ Executives and Users Will Discuss Digital Twins for Plants at the ARC Industry Forum Americas 2023, February 6-9

Bentley Systems will host a booth at the ARC Industry Forum Americas 2023 featuring PlantSight, our digital twin solution for the energy, process, mining, and water industries, and its new features that can help energy users digitally advance during the challenging transition to renewable resources.

Worlds Announces $21 Million Series A1 Funding Round to Scale Industrial Metaverse Platform

The Industrial Metaverse

Worlds Enterprises, Inc., creators of a new 4D infrastructure for building the Industrial Metaverse, announces the successful completion of its $21.2 million Series A1 funding round.