Automotive stories - Page 13

NTT DATA has unveiled the Smart AI AgentTM, an autonomous tool to enhance Generative AI use, predicting revenues of up to USD $2 billion by 2027.

Monta has appointed James Eyton as Chief Financial Officer to enhance its executive team, aiming for significant growth across Europe and North America.

The LoRa Alliance's 2024 End of Year Report reveals remarkable growth, with over 350 million LoRaWAN nodes and major corporations embracing this LPWAN technology.

Smart and Intellihub have launched an innovative subscription service in Australia, easing home electrification costs with solar, batteries, and EV leasing.

Amber has acquired Charge HQ, enhancing its electric vehicle charging solutions in Australia with advanced energy management technology.

Schneider Electric has appointed Tim Pratt as Vice President Power Products for the Pacific Zone, boosting its sustainable energy initiatives.

The U.S. automotive software market is surging, expected to grow from USD $32.39 billion in 2024 to USD $70 billion by 2032, driven by advanced technologies.

A study by Tata Consultancy Services reveals that 74% of EV manufacturers see charging infrastructure as a major barrier to electric vehicle growth.

Hexagon has unveiled VTDx, a cloud-based software for testing Advanced Driver-Assistance Systems, aiming to streamline testing and reduce costs for automakers.

Westcon-Comstor has reached a landmark achievement by powering all its sites in Australia and New Zealand with 100% renewable electricity, aiming for global targets by 2030.

Virtual and Augmented Reality are revolutionising product development and innovation across industries, driving demand for these transformative technologies.

A new report by Ansys and McKinsey highlights simulation engineering's role in innovation and sustainability, showcasing a potential 10% reduction in emissions.

Security and digital ID firm artius.iD appoints Stefan Krause, ex-CFO of BMW and Deutsche Bank, to its Board of Strategic Advisors amid growing cybersecurity challenges.

The automotive repair sector is facing a skills gap as AI transforms vehicles, demanding technicians proficient in modern diagnostics and training methods.

Shipments of industrial 3D printers are set to recover by late 2025, with a predicted 15% increase driven by demand for metal-based systems.

Thoughtworks has teamed up with Amazon Web Services to boost generative AI solutions for industries across the Asia Pacific, enhancing customer engagement and productivity.

Adrian Przelozny forecasts a transformative 2025 for cryptocurrency, buoyed by pro-crypto US policies and growing institutional investment.

Splend has secured over USD $300 million to expand its zero-emissions rideshare fleet in Australia and the UK, aiming for 10,000 vehicles by 2025.

LG Electronics has attained Level 3 Cybersecurity Management Systems certification from TÜV Rheinland, highlighting its commitment to automotive cybersecurity.

NTT DATA plans to acquire Niveus Solutions, boosting its Google Cloud capabilities with an additional 1,000 experts to enhance AI and data engineering services.