Market News
Recent Developments
New product launches
- On October 18, 2023, Huawei Technologies Co., Ltd., a China based multinational technology corporation, headquartered in Shenzhen, Guangdong, China, designs, develops, manufactures and sells telecommunications equipment, consumer electronics, smart devices and various rooftop solar products launched the industry's pioneering next-generation OTN Kepler platform, that is designed specifically for data center scenarios.
- On October 19, 2023, Hitachi Energy, Hitachi, Ltd., a Japan based multinational electronics company, headquartered in Chiyoda, Tokyo, is a global technology leader committed in advancing sustainable energy solutions, introduced the latest version of its asset performance management (APM) software, Lumada APM.
- On October 19, 2023, Microsoft – a Technology corporation revealed the commencement of pre-orders for the latest Laptop Go 3 in India, which is available through various retailers such as Reliance Digital, Croma, Amazon, Vijay Sales, and select multi-brand stores.
- On June 20,, 2023, Black & Veatch holding company witnessed a range of subsidiaries. These subsidiaries collectively offer a spectrum of services, including engineering, construction, asset management, procurement, data analytics, sustainability solutions, and cybersecurity services. With a global presence, Black & Veatch Holding serves clients worldwide initiated a front-end engineering study for DG Fuels.
Acquisition and partnerships
- On October 31, 2023, ABB stands as a technology frontrunner in electrification and automation, by working towards fostering a more sustainable and resource-efficient future and Carnival Corporation & plc. is a British-American cruise operator with a combined fleet of over ninety vessels across nine cruise line brands, entered into a strategic partnership to collaborate on Azipod propulsion
- On October 31, 2023, Siemens is a Germany based multinational technology conglomerate. Its operations encompass automation and digitalization in the process and manufacturing industries, intelligent infrastructure for buildings and Microsoft, and Microsoft Corporation, a U.S based multinational technology corporation headquartered in Redmond, Washington, U.S. Microsoft's best-known software products are the Windows line of operating systems, joined forces in a strategic partnership which aimed at accelerating the widespread adoption of artificial intelligence (AI) across various industries.
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