BP plc (London) announced that bp ventures has invested $5 million in Satelytics, a cloud-based geospatial analytics software company that uses advanced spectral imagery and machine learning to monitor environmental changes, including methane emissions. Satelytics collects high resolution spectral imagery…
Extraordinary times require extraordinary measures: For this reason, Endress+Hauser AG (Reinach, Switzerland) has released the Visual Support service application ahead of schedule during the coronavirus crisis. In the acute phase of the pandemic, customers were able to take advantage of…
CPLANE.ai (San Carlos, Calif.) announced that it has engaged with ExxonMobil Corp. (Irving, Tex.) in CPLANE.ai’s efforts to accelerate the development of digital infrastructure orchestration for industrial automation systems. Increasing global competition and cybersecurity risks are driving process industries to…
Bentley Systems, Inc. (Exton, Pa.) announced the acquisition of NoteVault, a San Diego-based provider of voice-based field automation for construction management. The acquisition expands Bentley’s SYNCHRO digital construction environment with industry-leading mobile field applications to track and manage labor, materials,…
Wearable technologies help chemical processors improve productivity and safety of workers Wearable technologies — cameras, tablets and other devices loaded with applications (apps) and software that can be attached to the body or personal protective equipment (PPE) — are catching…
Koch Engineered Solutions (KES; Wichita, Kan.), a unit of Koch Industries, Inc. (Koch), announced the launch of OnPoint, a connected solutions business whose mission is to leverage KES’ engineering capabilities and expertise – in combination with digital technology – to…
“During the COVID-19 crisis, governments and companies are having to make difficult choices, balancing people’s safety with economic livelihood. ABB is committed to supporting both: protect people, while helping businesses to stay operational during these challenging times,” says Peter Terwiesch,…
Everactive (Charlottesville, Va.; www.everactive.com) has just launched its Machine Health Monitor (MHM) product for batteryless vibration and temperature sensing of process machinery (photo). The MHM harvests waste energy from small temperature differentials (10°F or greater) and ambient light (100 lux…
Yokogawa Electric Corp. (Tokyo; www.yokogawa.com) announced that it completed the acquisition of all shares in Denmark-based Grazper Technologies ApS (Grazper), as mutually agreed. Grazper has developed advanced artificial intelligence (AI) technologies for analyzing images, and Yokogawa aims to leverage these…
Equinor ASA (Stavanger, Norway; www.equinor.com) and Royal Dutch Shell (The Hague, the Netherlands; www.shell.com) have signed a Memorandum of Understanding on digital collaboration to develop solutions and methods together through the exchange of expertise within data science, artificial intelligence and…