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Battery energy storage system global market to be worth $ 8.54 billion by 2023
According to the new marketsandmarkets research report, the battery energy storage system market is expected to grow from $ 1.98 billion in 2018 to reach $ 8.54 billion globally by 2023, at a CAGR of 33.9% between 2018 and 2023.Read more
Xilinx showcased future of optical networking at OFC 2018
Xilinx, Inc., the leading provider of All Programmable products, showcased its technology leadership in optical networking at OFC 2018. The company gave attendees a glimpse into the future of networking with the FPGA industry’s first demonstration of breakthrough 112G PAM4 electrical signaling technology for optical networks.Read more
RUJ & SRM Mechanics in JV brings first swiss precision and assembly plant in India
India’s ‘Make in India’ initiative and mechanical engineering industry strives to apply cutting-edge technology, produce high-quality products up to international standards, and further participate in the global value chain.Read more
Global bullet train/high-speed rail market worth 5,287 units by 2025
The bullet train/high-speed rail market globally is estimated to be 3,626 units in 2018 and is projected to reach a market size of 5,287 units by 2025, growing at a CAGR of 5.54% during the forecast period.Read more
Blockchain tech can resolve inefficiencies in India's current trade finance system
Implementing digital technologies such as blockchain, artificial intelligence (AI), machine learning and robotic process automation can resolve inefficiencies in our current trade finance system, and make the process efficient at the bank’s, buyer’s, seller’s, as well as the SME’s/MSME’s end, noted a recent ASSOCHAM-Deloitte joint study.Read more
ThoughtWorks brings technical women back to work with Vapasi 2018
ThoughtWorks, a global technology company is back with its next edition of Vapasi. Vapasi is a ThoughtWorks India initiative that addresses the gender gap within the developer community. The program will enable experienced women developers who are currently on a career break, to re-enter the world of programming.Read more
Tata Power-DDL collaborate with SAP and Choice Technologies to combat power theft
In a bid to curb power theft in India and give impetus to the Union Government’s UDAY scheme, SAP SE announced an alliance with Tata Power Delhi Distribution Ltd. (Tata Power-DDL) to jointly launch ‘Choice Revenue Intelligence’ solution in the country.Read more
Sealing the engineering skill divide
Altair India and DesignTech Systems, age old partners in technology and optimisation solutions, inked an MoU with the Science and Technology Park to set up an engineering centre of excellence (CoE) in Pune for providing better skilled engineers.Read more
LONGi Solar to set up 1GW mono cell and 1GW mono module manufacturing facility in India
Chinese solar products manufacturer LONGi Green Energy Technology Co., Ltd, along with its wholly-owned subsidiary LONGi SolarRead more
IMTEX Forming 2018 paves way for technological advancements
The event, held along with Tooltech, generated business orders worth Rs 539 crore. A report…Read more