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boost in March as uptake rose to 357,103 units, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). as manufacturers incentivised uptake with significant discounting. This underscores the challenge facing manufacturers whose 2025 EV sales must accelerate to 28% share over the course of the year.
With reported traction in the space industry for their manufacturing digitalization and automation solution, Connektica now aims to accelerate its commercial expansion and extend its services to other industries, starting with aerospace and defense. “Our solution is based on a fully integrated manufacturing management system.
By enabling precise separation and analysis of complex mixtures, chromatography plays a crucial role in ensuring pharmaceutical purity, food safety, and environmental compliance. Manufacturers are increasingly focusing on providing reliable and efficient service, enhancing customer experience, and driving sales in a competitive market.
billion by 2028. Traditional methods of securing privileged access are no longer sufficient to manage the complexity of cloud and hybrid infrastructures, as well as the demands of zero-trust architecture and regulatory compliance. The PAM space is expected to see exponential growth, with revenues projected to rise from $1.83
The complex discrete manufacturing industry, with its intricate processes and systems, is no stranger to these challenges. This is where the concept of a model-based enterprise (MBE) comes into play as a practical approach to dealing with the demands of the competitive manufacturing landscape.
million in 2028. EV manufacturers are already providing hardware-agnostic embedded telematics solutions as a standard fitment on vehicles. These cover the gamut from maintenance and compliance to driver management and EV services (e.g., million in 2022 to $594.6 How is this competition playing out across various sectors?
In fact, the American Welding Society projects that 330,000 new welding professionals will be needed by 2028. While we strive to put as many talented workers as possible in jobs within manufacturing, we also enable customers to do more with less, at higher quality and shorter lead times,” Williams noted.
San Antonio, Texas–June 21, 2022– The demand for energy-efficient lighting, alongside regulatory compliance and building codes are key drivers propelling the lighting controls market, finds Frost & Sullivan’s recent analysis, Growth Opportunities in Global Lighting Controls Industry. billion by 2028 from $7.13
They handle inspections of railway tank and freight cars, mechanical repairs, cleaning, blast lining, painting, regulatory compliance, and various administrative duties at GATX’s Red Deer facility. . “The wage increases, enhanced benefits, and improved pensions are a testament to the strength and solidarity of our union.”
Regulatory compliance will mean that safety features previously restricted to premium passenger vehicles will soon be available in mass market models as well. An ESP mandate is expected in 2028. Regulatory compliance will also underpin the need for OEMs to install seat belts in all their vehicles.
million by the end of 2028. Strategic partnerships between telematics service providers (TSPs), original equipment manufacturers (OEMs), and other technology facilitators are delivering new value propositions for users. TSPs are expected to introduce subscription plans with gradual price adjustments, avoiding abrupt increases.
million by the end of 2028. Strategic partnerships between telematics service providers (TSPs), original equipment manufacturers (OEMs), and other technology facilitators are delivering new value propositions for users. TSPs are expected to introduce subscription plans with gradual price adjustments, avoiding abrupt increases.
million by the end of 2028. Strategic partnerships between telematics service providers (TSPs), original equipment manufacturers (OEMs), and other technology facilitators are delivering new value propositions for users. TSPs are expected to introduce subscription plans with gradual price adjustments, avoiding abrupt increases.
billion by 2028 with a robust 18.3% billion by 2028, growing at 18.3% Evolving Regulations for Accessible Data : Introducing new mandates to ensure data is readily transferable between different stakeholders through common structure or application programming interfaces (APIs) and strict implementation to ensure nation-wide compliance.
a manufacturer of pharmaceutical films, announced that it has entered into a Feasibility Study & Development Agreement with an undisclosed animal health company focused on advancing a VetaFilm -based oral film formulation containing CBD for use in companion animals. billion by 2028.”. SAINT LAURENT — IntelGenx Corp., to reach $4.79
The global CSPM market is projected to grow over three-fold by 2028, with revenues expected to reach $5.58 Additionally, 24% are investing in cloud security to prepare for unknown threats, and 12% are using cloud security technologies for regulatory compliance. billion at a projected CAGR of 29.0% over the forecast period.
The global CSPM market is projected to grow over three-fold by 2028, with revenues expected to reach $5.58 Additionally, 24% are investing in cloud security to prepare for unknown threats, and 12% are using cloud security technologies for regulatory compliance. billion at a projected CAGR of 29.0% over the forecast period.
a company that develops, manufactures, and distributes proprietary microbial solutions and products, announces the closing of a non-brokered private placement. per share until May 5, 2028. MONTREAL — Earth Alive Clean Technologies Inc., Under the terms of the Offering, a total of 175,000,000 Units were issued at a price of $0.02
.” The 2022 Loblaw ESG Report outlines the company’s progress against its priorities, including the following: Achieving net-zero by 2040 Reduced its greenhouse gas emissions 8 per cent relative to 2020 baseline Completed 250 carbon reduction projects Published its inaugural TCFD-aligned report as a result of completing a climate risk assessment, (..)
billion in 2028, a steep 5.1% While condition-based monitoring has seen wide adoption to support digital transformation initiatives in cement manufacturing, predictive maintenance is shaping to be the next big thing. First-generation machinery that is decades old is still being used in cement manufacturing. – click here.
aircraft manufacturer. The airline has a firm order for 58 new Boeing airplanes to be delivered between now and 2028, but a door plug blowout on a Boeing Max 737 plane flown by Alaska Airlines in January prompted U.S. regulators to halt a production expansion at the U.S. aircraft maker until an investigation can be completed.
The options expire on February 6, 2028, and vest immediately (except with respect to certain officers and a consultant, whose options vest with time and performance milestones over the next twelve months).
” Between 2024 and 2028, the AIH is expected to support incubator programming for up to 180 companies and create 150 net new skilled, indirect jobs. . “Innovators will be able to create, test, and scale their ideas more effectively while existing industry players gain visibility and input into up-and-coming technologies.
Societal awareness and governmental legislation are fundamental drivers for said growth, since they compel companies to operate within sustainable standards, ensuring their compliance with both legal and market requirements. The following graphic shows the coverage evolution of GHGs emissions under ETSs or compliance markets.
Quebec Premier François Legault is under pressure over his government’s investment in a planned battery factory near Montreal, as Swedish manufacturer Northvolt cuts costs following a slowdown in demand for electric vehicles.
GM, as well as rivals Ford and Jeep maker Stellantis, agreed to new contracts with the UAW that raise top assembly plant worker pay by about 33% by the time the deals expire in April of 2028.
billion by 2028 from US$18.4 Business at Bombardier’s service centres across six continents also ramped up, jumping 15 per cent year over year to US$433 million and comprising 30 per cent of its US$1.45-billion billion revenue. The global business jet market is expected to grow to US$23.7
. “For the first time, there is a clear date attached to the operability of at least the first of those (over-the-radar upgrades) being 2028, and that is the year that Norad was looking for.” ” The two countries also outlined on Mar.
trillion by 2028, emphasizing tailored treatment plans that enhance the effectiveness of compression therapy. Regulatory Changes and Compliance: Compliance costs in medical device industries are projected to rise by 20% by 2024, necessitating investments in quality assurance and regulatory adherence.
SSBs emerge as a compelling alternative to traditional lithium-ion batteries as the race between automakers and battery manufacturers to achieve mass commercialization intensifies. More than eight major OEMs, alongside 15 battery manufacturers and numerous start-ups, are dedicated to refining future battery chemistries.
Lastly, evolving regulations could increase compliance costs and slow innovation, thereby delaying 5G adoption. APAC Providers Localizing 5G Components Huawei is strengthening its presence in APAC by forging local partnerships and expanding manufacturing capabilities to secure a stable 5G component supply amid ongoing trade disputes.
Further, increasing regulatory scrutiny is driving higher compliance and processing costs, thereby eroding expected profit margins. The key to success lies in balancing innovation, compliance, and seamless user experiences.
billion by 2028. To capitalize on this momentum, managed service providers (MSPs) must address key barriers like compatibility with existing WAN setups, resistance to change, and regional compliance. As a result, providers feel the pressure to refine data center strategies and edge locations for regional compliance.
As enterprises embrace agentic AI to drive automation and decision-making, the rapid proliferation of AI agents presents new challenges for security, compliance, and interoperability. Boomi makes no guarantees regarding performance, regulatory compliance, or continued availability of specific features. Discover more at boomi.com.
As a result, the ability to transmit and process data in real time is reshaping verticals like smart cities, healthcare, automotive mobility, manufacturing, and agriculture with applications like smart grids, telehealth, autonomous driving, predictive maintenance, and smart farming.
Regulatory Compliance Pressure: Adapting to stricter sustainability standards. How can agrochemical firms leverage tech partnerships to enhance efficiency and compliance? Innovation and R&D Investment: Companies allocating 10-15% of revenue to R&D outperform competitors.
The realm of cloud contact centers and customer contact is projected to grow at a CAGR of 13.2% (from $6.711 billion in 2023 to $12.481 billion in 2028). User skepticism and changing compliance mandates are adding to this challenge.
As nations face mounting pressure to secure their borders against increasingly complex threats, the global border security market is projected to exceed $340 billion by 2028. Is your organization aligning its data security posture with emerging GenAI risks and evolving global compliance requirements?
with thoughts of running for the presidency in 2028. He appeared to find a new ally in Shapiro, elected governor for the first time just two years ago but who is considered a rising Democratic party star in the U.S. Shapiro told Trudeau that he hoped to lead Pennsylvania to become the top renewable energy state in the U.S.,
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