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GMCC and Welling Attend AHR Expo 2023 with a Full Product Lineup Covering a Variety of Applications.

At AHR Expo 2023, GMCC & Welling, a subsidiary of Midea Industrial Technology, will showcase its ability to cover a wide range of applications with AC

At AHR Expo 2023, GMCC & Welling, a subsidiary of Midea Industrial Technology, will showcase its ability to cover a wide range of applications with AC compressors, refrigerator compressors, motors, and heat pumps. In terms of high efficiency, low noise, and high reliability, the R454B Scroll Compressor for Unitary Application, PSC Motor, and Resin Housing ECMConstant Torque set the standard for USstyle air conditioners. GMCC&Wing combines products and innovative technologies to offer system solutions for the North America market, covering residential, light commercial, water heater, and automobile applications, to address the various needs of customers for different applications. Read More..

B2B Tech News | 2 years ago          

Latin Americas Cold Emergence Acquires Qualianz.

Emergence of a Cold LatAm, Latin Americas fastestgrowing provider of temperaturecontrolled storage and logistics services, announced the acquisition o

Emergence of a Cold LatAm, Latin Americas fastestgrowing provider of temperaturecontrolled storage and logistics services, announced the acquisition of Qualianz, a premier storage and logistics platform with operations in Mexico City, Mexico State, Monterrey, Querétaro, and Tijuana. Qualianz expanded rapidly through strategic acquisitions, sophisticated integration capabilities, and organic growth to operate a nationwide network of 33 modern cold and dry facilities with even more than 194,000 pallet jobs 102,000 cold and 92,000 dry, 60 million total cubic feet of capacity, and 800 employees. The Mexico operations and investment activities will be led by the Qualianz management team, which has extensive experience in the food, logistics, and financial industries. Qualianz and Sidley Austin LLP were advised by J.P. Morgan Securities LLC and Santos Elizondo, respectively. Read More..

B2B Tech News | 2 years ago          

Schibsted and publishers look to EU tech regulations to allay Apple antitrust concerns.

As the Digital Markets Act DMA takes effect in May, Schibsted and the European Publishers Council have urged EU antitrust regulators to ensure that te

As the Digital Markets Act DMA takes effect in May, Schibsted and the European Publishers Council have urged EU antitrust regulators to ensure that tech rules limit Apples App Store powers. Apples practises have an impact on Schibsted because of its market dominance in Scandinavia, where up to 60% of consumers own an iPhone. TikTok has pledged to increase its antidisinformation efforts in the EU, while Nextracker has raised $638 million in an IPO. The EPC has expressed concern about the commission, and Apple has previously stated that 85% of App Store developers do not pay any commission, with only apps with more than $1 million in annual revenue paying 30%. It lifted the ban on providing separate links on App Store apps in 2021. Read More..

B2B Tech News | 2 years ago          

How Media and African Tech Coverage Might Be Affected by the Rising AI Wave.

The potential impact of the emerging generative AI wave on tech media and journalism as a profession was discussed in a panel discussion that took pla

The potential impact of the emerging generative AI wave on tech media and journalism as a profession was discussed in a panel discussion that took place around midday on the first day of the ongoing AfricaNXT conference formerly Social Media Week Lagos. The days discussions also focused on the relationship between Africas growing tech scene and the media, with panellists sharing their perspectives on evolving intersections and best practises. BuzzFeed, a New Yorkbased internet media company, announced in January that it will use Open AIs technology to generate content for its website. This comes just one month after BuzzFeed announced a layoff of 13% of its workforce. Read More..

B2B Tech News | 2 years ago          

The Industry 4.0 Suite of Offerings is Expanded by L&T Technology Services in North America.

L&T Technology Services Limited, a wellknown international pureplay engineering services provider, has unveiled a new set of capabilities for signific

L&T Technology Services Limited, a wellknown international pureplay engineering services provider, has unveiled a new set of capabilities for significant verticals that are based on Industry 4.0 technology. The Peoria CoE will enable customers to reinvent their product journeys by utilising nextgeneration manufacturing technology. With LTTSs digital manufacturing services, customers will have a onestop shop for everything from product design system sourcing to delivery and aftermarket. LTTS provides design, engineering, and manufacturing services for clients in a range of industries. These services include embedded software and hardware solutions, advanced process analytics, AI, ML, and predictive maintenance. It works along with 69 Fortune 500 companies to increase profitability, regulatory compliance, and productivity. Read More..

B2B Tech News | 2 years ago          

EU should take notes from the US Inflation Reduction Act, according to a sector source.

According to a senior source from the European aluminium industry who spoke to EURACTIV, the EU could learn from the US Inflation Reduction Act IRA an

According to a senior source from the European aluminium industry who spoke to EURACTIV, the EU could learn from the US Inflation Reduction Act IRA and support the decarbonization of its own industries. At a conference on Thursday in Brussels, EU leaders will discuss how to respond to Washingtons green technology investment plan, but the European aluminium sector expresses concern over the information so far offered and warns that Europe is likely to make the same mistakes against its own industry. Companies from other regions have already experienced concrete benefits from the US IRA, shifting their planned investments from Europe to the USA. Read More..

B2B Tech News | 2 years ago          

AWS and Google give Mantel Group recognition on a global scale.

The first company with an Australian headquarters to obtain the Amazon Web Services AWS Microsoft Workloads Competency is CMD Solutions, an AWS premie

The first company with an Australian headquarters to obtain the Amazon Web Services AWS Microsoft Workloads Competency is CMD Solutions, an AWS premier consulting partner of Mantel Group. The first and only Australians to be recognised by the Google Cloud Partner Allstars programme are engineers from Kasna Lizzie Reid and Stephen Bancroft. In order to provide AWS machine learning, artificial intelligence, and data science solutions or to link AWS cloud services with Databricks data platform, CMD Solutions, a member of the Mantel Group, collaborates closely with sister firms Eliiza and Cuusoo. A broad range of technology transformation services are offered by the IT consulting firm Mantel Group, which has expertise in several important industries. It is a House of Brands made up of companies that specialise in particular domains. Read More..

B2B Tech News | 2 years ago          

Investment in restaurant and retail technology in the AsiaPacific region reached a peak of $11 billion in 2021, with a decline anticipated in 2022.

In the APAC area, instore retail and restaurant technology generated $1.1 billion in revenue in 2021, a 45% increase from 2020 levels. Technologies in

In the APAC area, instore retail and restaurant technology generated $1.1 billion in revenue in 2021, a 45% increase from 2020 levels. Technologies in this category include 3D food printers, pointofsale systems, food waste monitoring tools, shelfstacking robots, and reservation management software. Due to a massive Series E deal for Singapores Trax, the shop shelf image recognition technology that raised a $640m round, the investment amount was high. According to the 2022 AgFunder AgriFoodTech Investment Report, a select few large rounds globally were responsible for the 62% YOY growth in investment dollars in 2021. However, funding fell to about $700 million in 2022—roughly the same amount that was raised in the area in 2020. Read More..

B2B Tech News | 2 years ago          



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Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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