innovation

The Industrial Internet Consortium (IIC) has published the IIC Industrial IoT Analytics Framework Technical Report (IIAF). It is the first IoT-industry technical document to include a complete set of instructions that IIoT system architects and business leaders can use to deploy industrial analytics systems in their organisations. IDC has predicted that by 2020 one tenth … Continue reading IIC publishes IIoT analytics framework tech report →

Science and Technology Australia (STA) has labelled a Senate Committee’s recommendation to wind up the Education Investment Fund (EIF) as “shortsighted and potentially damaging to research at Australian universities” and will have tangible negative effects on Australia’s capacity for research. Kylie Walker, CEO of STA, said current funding for research infrastructure under the National Collaborative Research … Continue reading EIF wind up to have negative effect on Australia’s research: STA →

The Ai Group Defence Council Australian says that the local industry has the capability, capacity and determination to meet the Naval Shipbuilding Plan challenge. The Council called for greater recognition of these local capabilities, as well as a more considered debate focussing on a national approach to further building that capability and delivering outcomes. “Australia’s … Continue reading Australia highly capable of meeting Naval Shipbuilding Plan challenge: Ai Group →

Sunshine Coast specialised food producer Epicurean Products is set to become an advanced manufacturer and improve efficiency thanks to a half-million-dollar Queensland government grant. State Development Minister Anthony Lynham said the Yandina-based company would use the $514,955 grant to install new processing systems to reduce production time and improve food safety. The $20 million Made in … Continue reading Epicurean Products uses QLD gov grant for advanced manufacturing processes →

Schneider Electric has announced EcoStruxure industrial software platform, an integrated, modular software suite that delivers rich functionality to address operational and business imperatives across the value chain in the industrial and infrastructure markets. EcoStruxure industrial software platform offers a highly proven solution capability for engineering, planning and operations, asset performance, and control and information management. With … Continue reading Schneider launches EcoStruxure industrial software platform →

Saab Australia will develop a single combat management system (CMS) as part of federal government investment of more than $1 billion towards Australia’s Naval Shipbuilding Plan that aims to create hundreds of jobs across the defence industry. The South Australia defence technology company will partner with CEA Technologies and Lockheed Martin Australia to support the … Continue reading $1b Saab Australia missile system to create hundreds of jobs →

 SAP has announced the initial companies participating in its blockchain co-innovation initiative and plans to make the digital ledger system an integrated part of Internet of Things (IoT), manufacturing and digital supply chain solutions using the SAP Cloud Platform Blockchain service. Companies including Capgemini, Deloitte, GrainCorp, HCL Technologies, HERE Technologies, Moog Inc., Natura Cosméticos S.A., NetApp and PeerNova are collaborating with SAP to validate use cases and … Continue reading SAP announces first co-innovation customers, partners in blockchain initiative for IoT →

In a press release by the SA government, Adelaide has been announced as now being a hub for SA’s electric vehicle charging network with eight fast charging stations opening today within a new dedicated electric vehicle (EV) parking area, adjacent to the Central Market precinct. A further 11 charging stations will be installed in the Adelaide Central … Continue reading Adelaide an electric vehicle hub →

Up to 200 jobs will be created as work is carried out to upgrade the Woodman Point Wastewater Treatment Plant in Munster. The $158.5 million project will increase the capacity of the wastewater treatment plant by 40 million litres a day, to safely treat 180 million litres of wastewater from homes and businesses located south … Continue reading $158m wastewater treatment plant expansion to create jobs →

Bain Capital Private Equity has signed a definitive agreement with Toshiba Corporation (Toshiba) for the purchase of Toshiba Memory Corporation (TMC). A special purpose acquisition company formed by the Bain Capital-led consortium, K.K. Pangea (Pangea) has entered into a Share Purchase Agreement (SPA) with Toshiba for the purchase of all shares of TMC, a wholly … Continue reading Toshiba to sell chip unit to Bain Capital for $22b →

Former automotive industry workers have found jobs working to remove dangerous level crossings after taking part in an Victorian Government’s South East Automotive Transition program to reskill and retrain them for new careers. Minister for Training and Skills Gayle Tierney visited the Rosanna Level Crossing site to meet six former apprentices and two former trainees … Continue reading Vic government program helps former automotive workers transition to new roles →

The Industrial Internet Consortium (IIC), the global organisation transforming business and society by accelerating the adoption of the Industrial Internet of Things (IIoT), and oneM2M, the global IoT standards initiative, have announced they have agreed to work together to contribute to the creation and development of the industrial internet. Under this agreement, the organisations will promote the … Continue reading Industrial Internet Consortium and oneM2M partner on IIoT →

The Queensland Government has opened the third round of its popular Small Business Digital Grants, providing up to $10,000 in matched funding to operators keen to embrace new technology. Small Business Minister Leeanne Enoch said 403 Queensland small businesses have already shared in more than $2 million in funding under the first two rounds of the program – generating growth … Continue reading New round of QLD government small business grants →

Schneider Electric has introduced their new EcoStruxure software solutions, bringing what they say is measurably profitable asset and operation reliability to the industrial market for the first time. EcoStruxure is Schneider Electric’s IoT-enabled, open and interoperable system architecture and platform. Delivering Innovation at every level across connected products; edge control; and apps, analytics and services, the … Continue reading Schneider delivers new EcoStruxure solutions →

ABB has announced the acquisition of GE Industrial Solutions, GE’s global electrification solutions business for $2.6 billion (A$3.28 billion).  In 2016, GE Industrial Solutions had revenues of approximately $2.7 billion, with an operational earnings before interest, tax, depreciation and amortisation (EBITDA) margin of approximately eight per cent and an operational EBITA margin of approximately six per … Continue reading ABB acquires GE’s Industrial Solutions business →

The Minister for Finance, Services and Property Victor Dominello joined The Duke of York, Prince Andrew, at the official opening of a new state-of-the-art business innovation centre funded by the NSW Government at Macquarie University. The Deputy Premier and Minister for Small Business John Barilaro said the Macquarie University Incubator will bring university researchers together … Continue reading Macquarie University incubator launched →

The Australian government has announced the commissioning of the first Australian-built Air Warfare Destroyer, HMAS Hobart. According to the Department of Defence, the warship brings together the best of Australian and global technology to be one of the world’s most potent and lethal warships.  She will provide air defence for accompanying ships, in addition to land … Continue reading Australia commissions its first air warfare destroyer →

Google and HTC Corporation have announced a definitive agreement under which certain HTC employees – many of whom are already working with Google to develop Pixel smartphones – will join Google. The agreement will see HTC receive US$1.1 billion (A$1.39 billion) in cash from Google as part of the transaction. Separately, Google will receive a … Continue reading Google acquires $1.39 bn in HTC assets →

Queensland company Clenergy TeamArrow is claiming line honours in the developmental race for the world’s first commercially available solar-powered car. According to the state government’s media release, Minister for Innovation, Science and the Digital Economy Leeanne Enoch officially launched the Arrow STF (Sports Touring Framework), a two-seater “Cruiser Class” solar sports coupe that has a … Continue reading QLD company produces world-first solar-powered car →

The Industrial Internet Consortium (IIC), a global organisation transforming business and society by accelerating the adoption of the Industrial Internet of Things (IIoT), has announced the Smart Factory Machine Learning for Predictive Maintenance Testbed. The testbed is led by two companies, Plethora IIoT, a company, designing and developing solutions for Industry 4.0, and Xilinx, provider of all programmable … Continue reading IIC launches smart factory machine learning testbed →