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Industry News and Press Releases

EY Announces Launch of IBM TechHub@EY to Strengthen Capabilities in IBM Hybrid Cloud Technologies
Internet of Things Digitalization (IoT)

EY Announces Launch of IBM TechHub@EY to Strengthen Capabilities in IBM Hybrid Cloud Technologies

IBM TechHub@EY to drive innovation and solution development on IBM Cloud, powered by AI technology

LONDON, UK -- EY today announces the launch of its IBM TechHub@EY, a global, decentralized network of EY practitioners dedicated to developing EY solutions and platforms supported by IBM's open hybrid cloud platform, artificial intelligence (AI) and other transformative technologies, as well as providing technology architecture support and skills enablement across the EY organization.

Companies Achieve 238% ROI by Deploying Corrigo Intelligence-Driven Facilities Management Platform
Internet of Things Digitalization (IoT)

Companies Achieve 238% ROI by Deploying Corrigo Intelligence-Driven Facilities Management Platform

Total Economic Impact™ study finds the Corrigo platform can drive more than $1.3 million in cost savings

SAN FRANCISCO, CA -- JLL unveiled the results of a commissioned Total Economic Impact™ (TEI) study by Forrester Consulting that finds an organization can experience a return on investment (ROI) of 238 percent, among other benefits, by deploying Corrigo. Corrigo is the world's most widely adopted facilities management platform and part of JLL Technologies.

Bentley Systems Brings Infrastructure Digital Twins to NVIDIA Omniverse
Internet of Things Digitalization (IoT)

Bentley Systems Brings Infrastructure Digital Twins to NVIDIA Omniverse

Bentley iTwin First to Harness Real-time Rendering, AI, and Simulation Capabilities of NVIDIA Omniverse

EXTON, PA – Bentley Systems, Incorporated announced that it is developing applications using the NVIDIA Omniverse platform for photorealistic, real-time visualization and simulation of digital twins of massive-scale industrial and civil infrastructure projects.

Doble Brings Condition Monitoring to More Transformers with Calisto H1
Asset Condition Management

Doble Brings Condition Monitoring to More Transformers with Calisto H1

New hydrogen detector samples transformer oil in real time, equipping utilities with more health information for faster, more confident decisions

MARLBOROUGH, MA -- Doble Engineering Company, a leader in power grid diagnostic solutions and subsidiary of ESCO Technologies Inc., today announced the release of Calisto™ H1. The new hydrogen detector takes real-time measurements for quick intervention against faults and gives power and utility teams the flexibility to monitor a greater number of assets more cost-effectively.

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PTC Expands Spatial Computing Capabilities with Vuforia Engine Area Targets
Internet of Things Digitalization (IoT)

PTC Expands Spatial Computing Capabilities with Vuforia Engine Area Targets

Vuforia Engine Area Targets First to Leverage Spatial Computing Capabilities to Support Large Spaces Equivalent to Six American Football Fields

BOSTON, MA -- PTC today announced the newest addition to its Vuforia® augmented reality (AR) enterprise platform, the Vuforia Engine™ Area Targets offering – the first offering in the market to support the creations of immersive augmented reality (AR) experiences for spaces up to 300,000 square feet.

Bentley Systems Issues Call for Nominations for the 2021 Going Digital Awards in Infrastructure
Internet of Things Digitalization (IoT)

Bentley Systems Issues Call for Nominations for the 2021 Going Digital Awards in Infrastructure

Winners to be Announced at the Year in Infrastructure 2021 Conference

EXTON, PA --Bentley Systems, Incorporated, the infrastructure engineering software company, has announced its call for nominations for the 2021 Going Digital Awards in Infrastructure program.

Pinnacle Introduces Next Evolution of Reliability Modeling
Reliability Engineering for Maintenance

Pinnacle Introduces Next Evolution of Reliability Modeling

Proving out new methodology estimated to reduce facilities’ reliability spending by 10% to 30%

PASADENA, TX – Pinnacle, the world’s leading provider of data-driven reliability and integrity programs, today introduces an improved approach to reliability modeling, called Quantitative Reliability Optimization (QRO).

Bentley Systems Enters into ~ $1.05 Billion Agreement to Acquire Seequent
Internet of Things Digitalization (IoT)

Bentley Systems Enters into ~ $1.05 Billion Agreement to Acquire Seequent

To Advance Environmental Resilience by “Deepening” Infrastructure Digital Twins!

EXTON, PA – Bentley Systems, Incorporated, the infrastructure engineering software company, announced that it has entered into a definitive agreement with investors led by Accel-KKR to acquire Seequent—a leader in software for geological and geophysical modeling, geotechnical stability, and cloud services for geodata management, visibility, and collaboration—for $900 million in cash, subject to adjustment, plus 3,141,361 BSY Class B shares.

Symphony IndustrialAI Acquires Digital Manufacturing Leader Savigent
Internet of Things Digitalization (IoT)

Symphony IndustrialAI Acquires Digital Manufacturing Leader Savigent

Savigent will become a division focused on accelerating Digital Factory and Manufacturing Plant AI initiatives

WOBURN, MA -- Symphony IndustrialAI announced the acquisition of IIoT and digital workflow orchestration leader Savigent. This acquisition further advances Symphony IndustrialAI's initiatives into plant and supply chain processes.

Barton & Loguidice’s Asset Management Group Announces Three New Strategic Software Partnerships
Work Execution Management

Barton & Loguidice’s Asset Management Group Announces Three New Strategic Software Partnerships

SYRACUSE, NY – Barton & Loguidice, a multi-disciplinary consulting firm that provides technical solutions to public and private clients, announces new software alliances with IBM Maximo®, Projectech, and EAM360 that will help grow the firm’s Asset Management Practice by offering enhanced services to clients.

PCA Celebrates 45 Years Helping Industrial Facilities Achieve Maintenance, Reliability and Asset Man
Asset Management

PCA Celebrates 45 Years Helping Industrial Facilities Achieve Maintenance, Reliability and Asset Man

DULUTH, Ga., March 04, 2021 (GLOBE NEWSWIRE) --  The Georgia-based reliability boutique reaches a significant milestone while furthering the development of sustainable transformation methodologies

NovaTech Process RealWear Remote Management during Covid 19
Work Execution Management

NovaTech Process RealWear Remote Management during Covid 19

March 03, 2021 -- Advancements in Virtual Support for Startups and Commissions Deliver a Compelling Option for Facilities During and Beyond the Pandemic

Real-time remote collaborations with SMEs enable effective hardware and software installations.

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