Artificial Intelligence
CIO Leadership: World-Class Technology Leaders to Discuss the Opportunities to Work with the CEO and the C-Suite to Reimagine the Business and Create Radical New Business Models at HMG Strategy’s 2020 HMG Live! Seattle CIO Executive Leadership Summit
WESTPORT, Conn., Nov. 19, 2020 (GLOBE NEWSWIRE) — HMG Strategy, the world’s #1 digital platform for connecting technology executives to reimagine the enterprise and reshape the business world, will draw on its peer-driven content at its 2020 HMG Live! Seattle CIO Executive Leadership Summit on November 23. HMG Strategy has produced more than 80 digital events since March, bringing together distinguished technology leaders to discuss the most pressing leadership, strategic, cultural, technological and career challenges technology executives face today.
Engaging topics that technology leaders will be discussing at the event include reimagining the business with the CEO and the executive team to help the company drive new revenue streams; how to position your career to take advantage of the oncoming wave of possibilities in leadership; delivering world-class customer service that meets customer expectations; and hearing from entrepreneurs about exciting new technology companies aimed at providing innovative solutions for modern enterprises.
“There is an unmistakable opportunity for CIO and CISOs to seize upon what comes next,” said Hunter Muller, President and CEO of HMG Strategy. “CEOs and Boards are looking to technology leaders for guidance as they navigate the swiftly changing future of the business.”
Notable technology leaders speaking at the 2020 HMG Live! Seattle CIO Executive Leadership Summit will include:
- Snehal Antani, Co-Founder & CEO, Horizon3.ai
- David Bernert, Vice President Digital Enterprise and Chief Architect, The Boeing Company
- Eric Christopher, Co-Founder and CEO, Zylo
- Mark Cusack, CTO, Yellowbrick
- Nick Durkin, Field CTO, Harness.io
- Wolfgang Goerlich, Advisory CISO, Duo Security
- Gary Gooden, CISO, Seattle Children’s
- Nikhil Gupta, Co-Founder & CEO, ArmorCode Inc.
- Beverly Lieberman, President, Halbrecht Lieberman Associates
- Ralph Loura, SVP IT & CIO, Lumentum
- Craig Mackereth, GVP, Global Service Delivery, Support, Rimini Street
- David Morris, Founder, Chairman & CEO, HiPER Solutions
- Phil Richards, CSO, Ivanti
- Trevor Schulze, SVP & CIO, RingCentral
- Kathryn Ullrich, Technology Partner & Head of U.S. Diversity Practice, Odgers Berndtson
- Jennifer Wesson Greenman, Chief Information Officer, Cancer Treatment Centers of America Global
Strategic Partners for the 2020 HMG Live! Seattle CIO Executive Leadership Summit on November 23 include ArmorCode Inc., Duo Security, Ivanti, Harness.io, Horizon3.ai, Rimini Street, RingCentral, SIM Seattle, Unravel, Yellowbrick, and Zylo.
To learn more about the 2020 HMG Live! Seattle CIO Executive Leadership Summit and to register for the event, click here.
UPCOMING EVENTS
HMG Strategy will be hosting its 2020 HMG Live! U.K. CIO Executive Leadership Summit (16:00 – 18:30 GMT) on November 24. Prominent technology executives speaking at this event include:
- Charlotte Baldwin, Chief Digital and Technology Officer, Freshfields Bruckhaus Deringer
- Nick Burton, Chief Information & Digital Officer, Vice President, Avon International
- Allan Cockriel, CIO, Global Functions/IRM & Global CISO, Shell
- Joanna Drake, CIO, The Hut Group
- Emma Dutton, MBE, Co-Founder and CEO, Applied Influence Group
- Richard M. Entrup, Managing Director, Enterprise Innovation and 5G Solutions, Verizon
- Ursuline Foley, Board Member & Strategic Advisor, Provident Bank
- Kevin Haskew, SVP & CIO, ON Semiconductor
- James Herbert, CEO and Founder, Foundry4
- Ed Hutt, Group Chief Technology Officer, Impellam Group
- Daphne Jones, Board of Directors AMN Healthcare, Barnes Group, Inc. and Masonite International; Founder, Destiny Transformations Group
- Bill Limond, Former CIO, National Health Insurance Co., Qatar Supreme Council of Health
- Louise McCarthy, Senior Advisor Digital Practice, Bain & Company
- Gavin Munroe, Global CIO for Wealth and Personal Banking, HSBC
- Michelle Parczuk, VP People, Culture & Organisation, Avon International
- Freddie Quek, Chief Technology Officer, Times Higher Education
- Dave Roberts, Global IT Director, Stantec
- Graham Spivey, Chief Communications Officer, UK IT Leaders
- David Wilde, Owner and Managing Director and NED of DWilde Consulting
Strategic Partners for the 2020 HMG Live! U.K. CIO Executive Leadership Summit on November 24 include Appian, Aryaka, Darktrace, Forescout Technologies, Globant, Ivanti, Obsidian Security, PagerDuty, Slack, Sonatype, Tanium, Tessian and UK IT Leaders.
To learn more about the 2020 HMG Live! U.K. CIO Executive Leadership Summit and to register for the event, click here.
HMG Strategy will also be hosting its 2020 HMG Live! Florida CIO Executive Leadership Summit on December 1. Prominent technology executives speaking at this event include:
- Lee Bailey, Director, Information Security and Compliance, Tupperware Brands
- David Bray, Inaugural Director, Global GeoTech Center & Commission
- Arun DeSouza, Chief Information Security & Privacy Officer, Nexteer Automotive Corporation
- Ann Dozier, SVP, CIO, Southern Glazer’s Wine & Spirits
- John Iannarelli, Former FBI Special Agent and Senior Executive Advisor, FBI
- Ann Joyce, Former CIO, Chico’s
- Monti Knode, Director of Customer Success, Horizon3.ai
- Dean Lane, SVP, Cyber Intelligence Initiative, Institute of World Politics
- Patrick Manuel, AVP, IT, Royal Caribbean Cruises Ltd.
- Quintin McGrath, Senior Managing Director, Technology Management & Enablement, Global Technology Services, Deloitte
- Luis Ossorio, Director of IT, Frosch International Travel
- Matthew Peters, CTO, CAI
- JC Ramey, President, Tech-Enabled Services, ResultsCX
- Trevor Schulze, SVP & CIO, RingCentral
- Marcus Session, President, SIM Tampa Bay; VP of IT Services, Tampa International Airport
- Dave Summit, CISO, Moffitt Cancer Center
- Jennifer Wesson Greenman, CIO, Cancer Treatment Centers of America Global
- Paul Wilner, VP IT, CIO, Pall Corporation
- Jeff Wysocki, CIO, The Mosaic Company
Strategic partners for 2020 HMG Live! Florida CIO Executive Leadership Summit on December 1 include RingCentral, Appian, Aryaka, Darktrace, Forescout, Obsidian, PagerDuty, Tessian, Tanium, Globant, Sonatype, SIM Central Florida, SIM South Florida, and SIM Tampa Bay.
To learn more about the 2020 HMG Live! Florida CIO Executive Leadership Summit and to register for the event, click here.
UPCOMING WEBINARS & DIGITAL ROUNDTABLES
HMG Strategy has also received exceptional interest in its webinars through the strength of the 400,000+ technology executives in its community and the quality of the content it delivers. HMG Strategy has scheduled multiple 30-to-60-minute webinars over the next few months with an arsenal of innovative technology companies such as Citrix, Darktrace, HCL Technologies, Ivanti, Moveworks, Nutanix, Okta, OutSystems, PagerDuty, RangeForce, RingCentral, UiPath, Zoom, Zscaler, and Zylo.
HMG Strategy will be hosting its next webinar on December 8 – The HMG Security Innovation Accelerator Panel. HMG Strategy hosted its first Security Innovation Accelerator Panel on Nov. 11 with enormous success, drawing CISOs and security leaders from around the world to hear from the CEOs and founders of emerging enterprise cybersecurity technology companies on how their companies are differentiated in the market and the cybersecurity challenges they solve for their customers.
In the December webinar, featured speakers will include George Avetisov, Co-Founder and CEO, HYPR; Glenn Chisholm, Co-Founder and CEO, Obsidian Security; Nikhil Gupta, Co-Founder and CEO, ArmorCode Inc.; and Ali Golshan, Co-Founder and CTO, StackRox.
To learn more about this webinar and to register for the event, click here.
On December 9th, HMG Strategy will host a digital roundtable powered by Moveworks entitled ‘Supporting the Work-From-Home Enterprise: 3 Secrets of the Successful Service Desk.’ In this interactive digital roundtable where participants can ask questions and share insights, Bhavin Shah, CEO of Moveworks, will share examples of enterprise companies are using artificial intelligence to provide real-time tech support to remote employees, autonomously resolve IT tickets via deep integrations and dramatically reduce the mean time to resolution of IT issues.
To learn more about this digital roundtable and to register for the event, click here.
Click here to view HMG Strategy’s complete calendar of upcoming and on-demand webinars.
Connecting Enterprise Technology Buyers with the Right Vendors
In the absence of large, national conferences or trade shows, CIOs and technology executives are seeking new ways to connect with their peers and find new business partners to help them drive innovation that can enable their companies to survive and grow.
Meanwhile, sales and marketing professionals at enterprise technology companies are looking for successful ways to engage with senior technology leaders and target accounts. HMG Strategy has harmonized these interests by creating the HMG Marketplace.
HMG Strategy’s high-powered Marketplace transforms the time-consuming request-for-information (RFI) process for CIOs and other technology buyers. Now, technology buyers can indicate the types of technologies and services they’re currently interested in and be matched with a prospective provider to make the connection.
“The HMG Marketplace essentially serves as a reference center to connect the right technology buyers with the right technology providers at the right time,” said Hunter Muller, President and CEO of HMG Strategy. “By filling out a short needs assessment survey, CIO, CTOs and other technology executives are connected with executive leaders and subject matter experts from technology companies to have focused, relevant discussions.”
Charter members that are actively participating in the HMG Marketplace include Appian, Aryaka, Darktrace, Forescout Technologies, Globant, Ivanti, Obsidian Security, PagerDuty, Slack, Sonatype, Tanium and Tessian.
“It’s challenging for all of us that we can’t all be together at these events,” says Nicole Eagan, Chief Strategy & AI Officer at Darktrace. “But the next best thing is being able to connect through the Marketplace. We’re committed that you won’t be meeting with a salesperson – you’ll be meeting with myself and the Darktrace executive team. You’ve got CIOs and CISOs who will attend these meetings and we would love the opportunity to catch up and strategize together.”
How it Works
After attending an HMG Strategy Executive Leadership Summit, an attendee is redirected to the HMG Marketplace, where they are prompted to fill out a short needs analysis survey to indicate their current technology needs. From there, an HMG Strategy customer relationship specialist evaluates the survey information and schedules a meeting between the technology buyer and the most suitable technology partner in the Marketplace based on the buyer’s interests.
While in the Marketplace, the technology buyer is presented with a menu of options to choose from, including an option to view customer testimonials for that vendor and the business problem that was addressed. Sponsor partners receive highly qualified leads because of the strength of relationships inherent in the HMG network combined with the specific technology or service interest indicated by the buyer.
The HMG Marketplace offers multiple benefits to both technology buyers and vendors:
- Precision matching of buyer needs with vendor capabilities — Enterprise buyers can fill out a short needs analysis survey that is used by HMG Strategy’s Customer Relationship Management team to identify the vendor that’s best suited to address their requirements.
- Accelerates the sales process for both buyers and sellers – Buyers and sellers quickly identify one another through the needs analysis process and associated reference materials
- Ensures Quality Discussions – CIOs, CTOs, CISOs and other technology buyers are qualified based on their true interest and by a set of characteristics (size, industry, types of technology/service interests, spend parameters, etc.). Buyers are paired with technology suppliers based on their domains and areas of expertise to avoid wasting time
- Drives Higher Conversion and Close Rates for Providers –The HMG Marketplace accelerates high-quality deal flow in challenging times and enables technology providers to lower their customer acquisition costs
To learn more about the HMG Marketplace and explore the digital assets that are available there, click here.
About HMG Strategy
HMG Strategy is the world’s #1 digital platform for connecting technology executives to reimagine the enterprise and reshape the business world. Our regional and virtual CIO and CISO Executive Leadership Series, authored books and Digital Resource Center deliver unique, peer-driven research from CIOs, CISOs, CDOs, CTOs and technology executives on leadership, innovation, transformation and career ascent. HMG Strategy also produces the HMG Security Innovation Accelerator, a new webinar series that’s designed to connect enterprise CISOs and security leaders with the most innovative cybersecurity companies from across the world.
The HMG Strategy global network consists of over 400,000 senior IT executives, industry experts and world-class thought leaders.
To learn more about the 7 Pillars of Trust for HMG Strategy’s unique business model, click here.
HMG Strategy: Your #1 Trusted Digital Platform Connecting Technology Executives to Reimagine the Enterprise and Reshape the Business World.
Tom Hoffman
203-221-2702
[email protected]
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Artificial Intelligence
Cognitive Security Market Projected to Reach $134.26 billion by 2030 – Exclusive Report by 360iResearch
PUNE, India, April 26, 2024 /PRNewswire/ — The report titled “Cognitive Security Market by Component (Services, Solutions), Security Type (Application, Cloud, Cybersecurity), Application, Deployment Mode, Enterprise Type, Vertical – Global Forecast 2024-2030” is now available on 360iResearch.com’s offering, presents an analysis indicating that the market projected to grow from a size of $19.50 billion in 2023 to reach $134.26 billion by 2030, at a CAGR of 31.73% over the forecast period.
“The Global Rise of Cognitive Solutions Against Cyber Threats”
The field of cognitive security, leveraging the latest in artificial intelligence (AI), machine learning (ML), and data analytics, is reshaping the way physical and digital assets are protected from cyber threats. This innovative approach learns from user interactions with systems and data, enabling real-time threat detection and a more dynamic defense strategy. Across industries, including finance, healthcare, retail, and government, cognitive security applications, such as fraud detection and cyber defense, are becoming vital in navigating the complex threat landscape. Challenges in integrating with older systems and opportunities include advancements in AI and technology. Globally, the cognitive security market is witnessing rapid growth, driven by high American demand and significant investments in the Asia-Pacific region. In Europe, stringent regulations such as GDPR drive the demand for compliant solutions, while in the Middle East and Africa, the expanding telecom sector highlights the need for robust cybersecurity measures. This global momentum highlights the critical role of cognitive security in an interconnected world, ensuring businesses and governments can overcome cyber threats.
Download Sample Report @ https://www.360iresearch.com/library/intelligence/cognitive-security
“The Essential Role of Cognitive Security in Today’s Digital Age”
As digital transformation reshapes industries, the surge in data generation and intricate data management challenges have outpaced traditional cyber defense mechanisms. Cognitive security adept at processing and analyzing vast arrays of data in real-time, uncovering patterns and anomalies indicative of cybersecurity threats. This advanced approach enables proactive threat detection and swift response measures, significantly mitigating the risks of data breaches and cyber incidents. Cognitive security solutions adeptly handle diverse data types at unparalleled speeds, offering insights typically elusive to manual analysis by harnessing the power of automation. These systems excel at unveiling sophisticated attacks, skillfully hidden within normal network activities, and continuously evolve through machine learning. This perceptual adaptation is vital in a landscape where cyber threats rapidly transform, and digitalization ushers in new vulnerabilities. Cognitive security is a staunch supporter for organizations, ensuring their security policies remain in lockstep with the ever-evolving cyber threat environment and regulatory demands, thus fortifying digital defenses in an increasingly connected world.
“Enhancing Digital Security through Advanced Cognitive Technologies”
In an era where cyber threats are constantly evolving, the importance of robust digital security mechanisms cannot be overstated. The approach encompasses a suite of essential services that ensure the effective operation and continuous improvement of cognitive security systems. These include the meticulous deployment and integration of these systems into existing organizational structures, ensuring they work seamlessly with current technologies and protocols. Ongoing support and maintenance to keep these systems at the forefront of cyber defense, alongside training and consulting to empower staff with the knowledge and skills needed to optimize these advanced security solutions. Cutting-edge technologies include biometric recognition, digital signature authentication, real-time security analytics, and a unified platform managing security logs and data. Each component is vital role in creating a secure digital environment that identifies threats and enables swift, informed responses to protect organizational assets and data.
Request Analyst Support @ https://www.360iresearch.com/library/intelligence/cognitive-security
“International Business Machines Corporation at the Forefront of Cognitive Security Market with a Strong 8.44% Market Share”
The key players in the Cognitive Security Market include Google LLC by Alphabet Inc., Microsoft Corporation, Fortinet, Inc., International Business Machines Corporation, Cisco Systems, Inc., and others. These prominent players focus on strategies such as expansions, acquisitions, joint ventures, and developing new products to strengthen their market positions.
“Introducing ThinkMi: Revolutionizing Market Intelligence with AI-Powered Insights for the Cognitive Security Market”
We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the Cognitive Security Market. ThinkMi stands out as your premier market intelligence partner, delivering unparalleled insights with the power of artificial intelligence. Whether deciphering market trends or offering actionable intelligence, ThinkMi is engineered to provide precise, relevant answers to your most critical business questions. This revolutionary tool is more than just an information source; it’s a strategic asset that empowers your decision-making with up-to-the-minute data, ensuring you stay ahead in the fiercely competitive Cognitive Security Market. Embrace the future of market analysis with ThinkMi, where informed decisions lead to remarkable growth.
Ask Question to ThinkMi @ https://app.360iresearch.com/library/intelligence/cognitive-security
“Dive into the Cognitive Security Market Landscape: Explore 192 Pages of Insights, 760 Tables, and 28 Figures”
PrefaceResearch MethodologyExecutive SummaryMarket OverviewMarket InsightsCognitive Security Market, by ComponentCognitive Security Market, by Security TypeCognitive Security Market, by ApplicationCognitive Security Market, by Deployment ModeCognitive Security Market, by Enterprise TypeCognitive Security Market, by VerticalAmericas Cognitive Security MarketAsia-Pacific Cognitive Security MarketEurope, Middle East & Africa Cognitive Security MarketCompetitive LandscapeCompetitive PortfolioInquire Before Buying @ https://www.360iresearch.com/library/intelligence/cognitive-security
Related Reports:
Cognitive Radio Market – Global Forecast 2024-2030Cognitive Electronic Warfare System Market – Global Forecast 2024-2030Cognitive Data Management Market – Global Forecast 2024-2030About 360iResearch
Founded in 2017, 360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset — our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
Contact 360iResearchMr. Ketan Rohom360iResearch Private Limited,Office No. 519, Nyati Empress,Opposite Phoenix Market City,Vimannagar, Pune, Maharashtra,India – 411014.Email: [email protected]: +1-530-264-8485India: +91-922-607-7550
To learn more, visit 360iresearch.com or follow us on LinkedIn, Twitter, and Facebook.
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Artificial Intelligence
IBM, Government of Canada, Government of Quebec Sign Agreements to Strengthen Canada’s Semiconductor Industry
Up to $187M CAD to be invested to progress expansion of chip packaging capacity and capabilities and to strengthen R&D at IBM Canada’s Bromont plant
BROMONT, QC, April 26, 2024 /PRNewswire/ — IBM (NYSE: IBM), the Government of Canada, and the Government of Quebec today announced agreements that will strengthen Canada’s semiconductor industry, and further develop the assembly, testing and packaging (ATP) capabilities for semiconductor modules to be used across a wide range of applications including telecommunications, high performance computing, automotive, aerospace & defence, computer networks, and generative AI, at IBM Canada’s plant in Bromont, Quebec. The agreements reflect a combined investment valued at approximately $187M CAD.
“Today’s announcement is a massive win for Canada and our dynamic tech sector. It will create high-paying jobs, invest in innovation, strengthen supply chains, and help make sure the most advanced technologies are Canadian-made. Semiconductors power the world, and we’re putting Canada at the forefront of that opportunity,” said the Right Honourable Justin Trudeau, Prime Minister of Canada
In addition to the advancement of packaging capabilities, IBM will be conducting R&D to develop methods for scalable manufacturing and other advanced assembly processes to support the packaging of different chip technologies, to further Canada’s role in the North American semiconductor supply chain and expand and anchor Canada’s capabilities in advanced packaging.
The agreements also allow for collaborations with small and medium-sized Canadian-based enterprises with the intent of fostering the development of a semiconductor ecosystem, now and into the future.
“IBM has long been a leader in semiconductor research and development, pioneering breakthroughs to meet tomorrow’s challenges. With the demand for compute surging in the age of AI, advanced packaging and chiplet technology is becoming critical for the acceleration of AI workloads,” said Darío Gil, IBM Senior Vice President and Director of Research. “As one of the largest chip assembly and testing facilities in North America, IBM’s Bromont facility will play a central role in this future. We are proud to be working with the governments of Canada and Quebec toward those goals and to build a stronger and more balanced semiconductor ecosystem in North America and beyond.”
IBM Canada’s Bromont plant is one of North America’s largest chip assembly and testing facilities, having operated in the region for 52 years. Today, the facility transforms advanced semiconductor components into state-of-the-art microelectronic solutions, playing a key role in IBM’s semiconductor R&D leadership alongside IBM’s facilities at the Albany NanoTech Complex and throughout New York’s Hudson Valley. These agreements will help to further establish a corridor of semiconductor innovation from New York to Bromont.
“Advanced packaging is a crucial component of the semiconductor industry, and IBM Canada’s Bromont plant has led the world in this process for decades,” said Deb Pimentel, president of IBM Canada. “Building upon IBM’s 107-year legacy of technology innovation and R&D in Canada, the Canadian semiconductor industry will now become even stronger, allowing for robust supply chains and giving Canadians steady access to even more innovative technologies and products. This announcement represents just one more example of IBM’s leadership and commitment to the country’s technology and business landscape.”
Chip packaging, the process of connecting integrated circuits on a chip or circuit board, has become more complex as electronic devices have shrunk and the components of chips themselves get smaller and smaller. IBM announced the world’s first 2 nanometer chip technology in 2021 and, as the semiconductor industry moves towards new methods of chip construction, advances in packaging will grow in importance.
“Semiconductors are part of our everyday life. They are in our phones, our cars, and our appliances. Through this investment, we are supporting Canadian innovators, creating good jobs, and solidifying Canada’s semiconductor industry to build a stronger economy. Canada is set to play a larger role in the global semiconductor industry thanks to projects like the one we are announcing today. Because, when we invest in semiconductor and quantum technologies, we invest in economic security.” — The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry
“This investment by IBM in Bromont will ensure that Quebec continues to stand out in the field of microelectronics. An increase in production capacity will solidify Quebec’s position in the strategic microelectronics sector in North America.” — The Honourable Pierre Fitzgibbon, Minister of Economy, Innovation and Energy, Minister responsible for Regional Economic Development and Minister responsible for the Metropolis and the Montreal region
About IBMIBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. More than 4,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in semiconductors, AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.
Media ContactLorraine BaldwinIBM [email protected]
Willa HahnIBM [email protected]
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Artificial Intelligence
HITACHI ACQUIRES MA MICRO AUTOMATION OF GERMANY IN EFFORT TO ACCELERATE GLOBAL EXPANSION OF ROBOTIC SI BUSINESS IN THE MEDICAL AND OTHER FIELDS
HOLLAND, Mich., April 26, 2024 /PRNewswire/ — Hitachi Ltd. (TSE: 6501, “Hitachi”) has signed a stock purchase agreement on April 26 to acquire all shares of MA micro automation GmbH (“MA micro automation”, headquartered in St. Leon-Rot, Germany) from MAX Management GmbH (a subsidiary of MAX Automation SE). MA micro automation is a leading provider of robotic and automation technology (robotic SI) including high-speed linear handling systems, high-precision assembly lines, and high-speed vision inspection technology for Europe, North America, and Southeast Asia, for EUR 71.5M million. The transaction is expected to close in the second half of 2024, pending completion of the customary regulatory filings. After the acquisition is completed, MA micro automation will join JR Automation Technologies, LLC (“JR Automation”), a market leader in providing advanced automation solutions and digital technologies in the robotic system integration business for North America, Europe, and Southeast Asia as a continued effort to expand the company’s global presence.
MA micro automation is a technology leader for automation solutions within micro-assembly. Through its state-of-the-art proprietary high-speed and high-precision automation know-how, combined with unique optical image inspection capabilities, MA micro automation serves high-growth med-tech automation end-markets, covering the production, assembly, and testing medical and optical components including contact lenses, IVD and diabetes diagnostics consumables, and injection molding for medical use. The company was established in 2003 through a carve-out from Siemens*1 and since 2013 has been part of the MAX Automation group.
JR Automation is a leading provider of intelligent automated manufacturing technology solutions, serving customers across the globe in a variety of industries including automotive, life sciences, e-mobility, consumer and industrial products. With over 20 locations between North America, Europe, and Southeast Asia, the leading integrator offers nearly 2 million square feet (185,806 sq. m) of available build and engineering floorspace. This acquisition allows JR Automation to further grow and strengthen both the company’s geographical footprint and their continued commitment on expanding support capabilities within the European region and medical market vertical.
“MA micro automation provides engineering, build and support expertise with established capabilities in complex vision applications, high-speed and high-precision automation technologies. When integrated with JR Automation’s uniform global process and digital technologies, this partnership will further enhance our ability to deliver added value and support to all of our customers worldwide and continue to grow our capabilities in the medical market,” says Dave DeGraaf, CEO of JR Automation. “As we integrate this new dimension, impressive talents and abilities of the MA micro automation team we further enhance our ability to serve our customers, creating a more robust and globally balanced offering.”
With this acquisition, Hitachi aims to further enhance its ability to provide a “Total Seamless Solution*2” to connect manufacturer’s factory floors seamlessly and digitally with their front office data, allowing them to achieve total optimization and bringing Industry 4.0 to life. This “Total Seamless Solution” strategy links organizations’ operational activities such as engineering, supply chain, and purchasing to the plant floor and allows for real time, data-driven decision-making that improves the overall business value for customers.
Kazunobu Morita, Vice President and Executive Officer, CEO of Industrial Digital Business Unit, Hitachi, Ltd. says, “We are very pleased to welcome MA micro automation to the Hitachi Group. The team is based in Europe, providing robotic SI to global medical device manufacturing customers with its high technological capabilities and will join forces with JR Automation and Hitachi Automation to strengthen our global competitiveness. Hitachi aims to enhance its ability to provide value to customers and grow alongside them by leveraging its strengths in both OT, IT, including robotic SI, and “Total Seamless Solution” through Lumada*3’s customer co-creation framework.”
Joachim Hardt, CEO MA micro automation GmbH says, “Following the successful establishment and growth of MA micro automation within the attractive automation market for medical technology products, we are now opening a new chapter. Our partnership with Hitachi will not only strengthen our global competitive position, but we will also benefit from joint technological synergies and a global market presence. We look forward to a synergistic partnership with Hitachi and JR Automation.”
Outline of MA micro automation
Name
MA micro automation GmbH
Head Office
St. Leon-Rot, Germany
Representative
Joachim Hardt (CEO)
Outline of Business
Automation solutions within micro-assembly
Total no. of Employees:
Approx. 200 (As of April 2024)
Founded
2003
Revenues (2023)
€ 46.5 million
Website
*1
“Siemens” is a registered trademark or trademark of Siemens Trademark GmbH & Co. KG in the U.S. and other countries.
*2
“Total Seamless Solution” is a registered trademark of Hitachi, Ltd. in the U.S. and Japan.
*3
Lumada: A collective term for solutions, services and technologies based on Hitachi’s advanced digital technologies for creating value from customers’ data accelerating digital innovation. https://www.hitachi.com/products/it/lumada/global/en/index.html
About JR AutomationEstablished in 1980, JR Automation is a leading provider of intelligent automated manufacturing technology solutions that solve customers’ key operational and productivity challenges. JR Automation serves customers across the globe in a variety of industries, including automotive, life sciences, aerospace, and more.
In 2019, JR Automation was acquired by Hitachi, Ltd. In a strategic effort towards offering a seamless connection between the physical and cyber space for industrial manufacturers and distributers worldwide. With this partnership, JR Automation provides customers a unique, single-source solution for complete integration of their physical assets and data information, offering greater speed, flexibility, and efficiencies towards achieving their Industry 4.0 visions. JR Automation employs over 2,000 people at 21 manufacturing facilities in North America, Europe, and Asia. For more information, please visit www.jrautomation.com.
About Hitachi, Ltd.Hitachi drives Social Innovation Business, creating a sustainable society through the use of data and technology. We solve customers’ and society’s challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products. Hitachi operates under the 3 business sectors of “Digital Systems & Services” – supporting our customers’ digital transformation; “Green Energy & Mobility” – contributing to a decarbonized society through energy and railway systems, and “Connective Industries” – connecting products through digital technology to provide solutions in various industries. Driven by Digital, Green, and Innovation, we aim for growth through co-creation with our customers. The company’s revenues as 3 sectors for fiscal year 2023 (ended March 31, 2024) totaled 8,564.3 billion yen, with 573 consolidated subsidiaries and approximately 270,000 employees worldwide. For more information on Hitachi, please visit the company’s website at https://www.hitachi.com.
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