Artificial Intelligence
Global Automotive Software Market By Product, By Application, By Vehicle Type, By Region, Industry Analysis and Forecast, 2020 – 2026
New York, Dec. 23, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Automotive Software Market By Product, By Application, By Vehicle Type, By Region, Industry Analysis and Forecast, 2020 – 2026” – https://www.reportlinker.com/p05999863/?utm_source=GNW
Automotive software is used for in-vehicle embedded systems. Computer-based in-vehicle applications include infotainment, body control and comfort, telematics, advanced driver assistance systems (ADAS), powertrain, communication and safety. The automotive industry is leading towards an era where cars can communicate with each other and to drivers.
There is an increasing demand for automotive software on account of increasing demand for advanced driver assistance system, rising demand for automated and electrified vehicles and increasing demand for vehicle application like automatic crash notification, remote vehicle diagnostics and emergency assistance. Although, the rising complexity in software architecture leads to high production cost for OEMs & suppliers that act as a restraint for the market growth. Additionally, the required installation of the e-call systems and the installation of rearview cameras in all the vehicles to reduce back-over accidents will boost the growth of the market in the near future.
By Product
Based on Product, the market is segmented into Application Software, Middleware and Operating System. The application software category accounted for the highest revenue in 2019, due to the huge adoption of software with different features in vehicles. Although, the operating system category is predicted to witness the highest growth rate during the forecast period, due to the increased implementation of advanced software in vehicles.
By Application
Based on Application, the market is segmented into Safety System, Infotainment & Telematics, Powertrain and Chassis. The infotainment & telematics system in vehicles is expected to record a remarkable growth rate during the forecast period due to its applications in vehicles in the nearby future.
By Vehicle Type
Based on Vehicle Type, the market is segmented into ICE Passenger Car, ICE Light Commercial Vehicle, Battery Electric Vehicle, Plug-In Hybrid Electric Vehicle, ICE Heavy Commercial Vehicle, Hybrid Electric Vehicle and Autonomous Vehicles. The ICE passenger car counted for the major market share in 2019 due to the increased engine-based software installed in it.
By Region
Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. In terms of revenue, Europe dominated the market followed by Asia-Pacific, North America, and LAMEA. Asia Pacific would showcase prominent growth during the forecast year.
The major strategies followed by the market participants are Product Launches and Partnerships. Based on the Analysis presented in the Cardinal matrix; Intel Corporation and Microsoft Corporation are the forerunners in the Automotive Software Market. Companies such as NXP Semiconductors N.V., Renesas Electronics Corporation, BlackBerry Limited, Robert Bosch GmbH, Airbiquity, Inc., NVIDIA Corporation, PTC, Inc., and Adobe, Inc. are some of the key innovators in the market.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH, NVIDIA Corporation, Renesas Electronics Corporation, Microsoft Corporation, Intel Corporation, Adobe, Inc., BlackBerry Limited, PTC, Inc. (Atego Systems, Inc.), NXP Semiconductors N.V. and Airbiquity, Inc.
Recent strategies deployed in Automotive Software Market
Partnerships, Collaborations, and Agreements:
Dec-2020: BlackBerry signed a collaboration agreement with Amazon Web Services (AWS), a cloud computing service provider. They introduced the IVY, a new intelligent vehicle data platform that compresses the time to construct, deploy, and monetize in-vehicle applications and connected services over multiple brands and models.
Nov-2020: NXP partnered with GuardKnox, the automotive industry’s first Cybertech Tier supplier of high-performance computing solutions. The partnership aimed to develop a safe automotive platform that targets next-generation zonal E/E architecture, enabling commercial deployment for software and service-oriented vehicles.
Nov-2020: NVIDIA teamed up with Hyundai Motor Group, an automotive manufacturing company. Following the collaboration, the entire lineup of Hyundai, Kia, and Genesis models come standard with NVIDIA DRIVE in-vehicle infotainment (IVI) systems begin from 2022. NVIDIA DRIVE helped Hyundai to feature AI-enhanced connected car services with audio, video, navigation, and connectivity.
Nov-2020: Airbiquity partnered with AUTOSAR, a worldwide development partnership of automotive interested parties. The partnership enhanced over-the-air (OTA) software of Airbiquity and data management to offer with AUTOSAR based devices and systems. Airbiquity is a member of the Update and Configuration Management working group and contributes to the future standard releases, including software development for the Adaptive Platform Demonstrator.
Oct-2020: Adobe collaborated with Microsoft to launch a new customer-relations management software program. The collaboration used the blend of artificial intelligence tools by Microsoft and Adobe’s marketing and customer-targeting cloud.
Sep-2020: Bosch came into partnership with SAP. The partnership was focused on simplifying digital corporate processes and developing a digital industrial standard that controls it. The partnership offers a special benefit to the global automotive industry that connects the supply chain and many production houses on a different location, which is managed individually.
Sep-2020: NVIDIA announced its collaboration with Li Auto. This collaboration aims to help Li Auto to deliver advanced driving and fully autonomous driving solutions to the market, using the technology of NVIDIA.
Sep-2020: BlackBerry came into an agreement with StradVision, an industry leader in AI-based camera perception technology. Under this agreement, BlackBerry gives a license of its BlackBerry QNX technology to StradVision that includes QNX Software Development Platform (SDP) 7.0 and an AI-based camera perception software tool.
Jul-2020: Intel collaborated with Ford, an automotive company. This collaboration was focused on developing improved camera-based collision warning, detecting vehicles and pedestrians, and lane-keeping features for its vehicles.
Jul-2020: Airbiquity came into partnership with YESWAY, a leading Chinese automotive service operator, and integrated solution provider. This partnership added the OTAmatic software and data management solutions of Airbiquity to the YESWAY Automotive Platform. The partnership represented and supported Airbiquity OTAmatic in the Chinese automotive marketplace.
Jun-2020: NVIDIA came into collaboration with Mercedes-Benz. This collaboration helped the companies to develop the most sophisticated and advanced computing design ever deployed in an automobile.
Feb-2020: Microsoft collaborated with CDK Global, a leading retail automotive technology company. The collaboration was focused on constructing capabilities dealers and developers can build different solutions and enhanced integration within existing dealership systems.
Jan-2020: BlackBerry teamed up with Renovo, a Global automotive software company. The collaboration aimed to develop and market a safety-critical data management system for the next generation of connected and autonomous vehicles.
Dec-2019: BlackBerry came into collaboration with MARELLI, a global Tier 1 automotive supplier. The collaboration aimed to integrate the QNX Platform for Digital Cockpits in MARELLI’s eCockpit and Digital Cluster solution. The integrated solution enabled automakers to offer an authentic and secured QNX-based digital instrument cluster and an infotainment system that provided access to the new Android-based applications from a single ECU.
Nov-2019: Intel came into collaboration with NIO, a pioneer in China’s premium electric vehicle market. The collaboration focused on the development of highly automated and autonomous vehicles (AV) for consumer markets in China. Intel designed the self-driving system for NIO’s manufacturing unit.
Sep-2019: Bosch partnered with Access, an automotive company. The partnership extended Access’s core platform, as it uses Bosch’s Android-based in-vehicle infotainment system. Also, it provides media sharing and multi-device synchronized content playback service.
Sep-2019: Renesas announced its collaboration with StradVision, a provider of vision processing technology. Under this collaboration, the companies were focused on developing a deep learning-based object recognition solution for smart cameras utilized in next-generation advanced driver assistance system (ADAS) applications and cameras for ADAS Level 2 and above.
Jun-2019: Airbiquity collaborated with Wind River, a leader in delivering IoT software for critical infrastructure. The collaboration aimed to develop an end-to-end software lifecycle management solution for connected and autonomous vehicles, one that reaches from vehicle to cloud.
Jun-2019: BlackBerry extended its partnership agreement with LG Electronics. They aimed to boost the deployment of connected and autonomous vehicle technology for automotive OEMs and suppliers all over the world. LG Electronics used a range of BlackBerry QNX software and services to make next-generation digital consolidated cockpits that included infotainment systems, digital instrument clusters, and telematics systems for multiple OEMs.
Apr-2019: Microsoft came into an agreement with BMW. The collaboration created the Open Manufacturing Platform that provides community members with a reference architecture with an open-source segment based on open industrial standards and an open data model. It also unlocked and standardized data models that allow analytics and machine learning scenarios.
Jan-2019: Microsoft partnered with LG Electronics. This partnership helped LG to transform its existing digital platform for the vehicle industry, by using Microsoft’s Azure cloud and artificial intelligence technologies.
Acquisition and Mergers:
May-2019: NXP acquired Marvell’s Wireless Connectivity portfolio. This acquisition allowed the firm to distribute complete, scalable process and connectivity solutions to the customers.
Mar-2019: Renesas acquired Integrated Device Technology (IDT), a leading supplier of analog mixed-signal products, including sensors, connectivity, and wireless power. This acquisition helped Renesas in delivering a wide range of leading-edge technology and embedded solutions.
Feb-2019: Bosch acquired LAWA Solutions, a start-up based in Giessen. The acquisition broadened Bosch’s product portfolio in the field of networked products and services.
Sep-2018: NXP took over OmniPHY, a provider of automotive Ethernet subsystem technology. This acquisition helped NXP to deliver the next generation of data to transform solutions to carmakers.
Aug-2017: Intel acquired Mobileye, a company that develops advanced driver assistance systems. The acquisition aimed to use Mobileye’s offerings to create a fast pace of autonomous innovation, industry-leading artificial intelligence for complicated decision-making, and persisting revenue stream opportunities.
Feb-2017: Renesas took over Intersil Corporation. This acquisition strengthened Renesas’ position as a leading global supplier to deliver advanced embedded systems to customers. It helped Renesas to transform into an industry powerhouse with the most comprehensive set of advanced embedded solutions.
Product Launches and Product Expansions:
Nov-2020: NXP introduced the S32K3 microcontroller. The product was designed for automotive body electronics, battery management, and emerging zone controllers. It simplified software development and enhanced package that improved security, functional safety, and low-level drivers.
Oct-2020: Airbiquity unveiled the OTAmatic Vehicle Configurator. It is a tool for defining and managing connected vehicle software. The tool gave automakers insight into the hardware and software configurations within a vehicle and manages the combinations of electronic control units (ECUs) and software versions of vehicles that meet the government requirements for type certified vehicle systems.
Jul-2020: Bosch introduced a new category, Cross-Domain Computing Solutions that merged all areas related to automotive electronics and software by 2021. The main task of the new category will control the complexity of electronic systems.
Apr-2020: BlackBerry introduced the QNX Black Channel communications Technology. This software is used to ensure safe data transformation within their safety-critical systems.
Jan-2020: NXP launched S32G vehicle network processors. It enables the automotive industry to change to high-performance domain-based vehicle design and reduced complexity of the software and enhanced security and safety.
Scope of the Study
Market Segmentation:
By Product
• Application Software
• Middleware
• Operating System
By Application
• Safety System
• Infotainment & Telematics
• Powertrain
• Chassis
By Vehicle Type
• ICE Passenger Car
• ICE Light Commercial Vehicle
• Battery Electric Vehicle
• Plug-In Hybrid Electric Vehicle
• ICE Heavy Commercial Vehicle
• Hybrid Electric Vehicle
• Autonomous Vehicles
By Geography
• North America
o US
o Canada
o Mexico
o Rest of North America
• Europe
o Germany
o UK
o France
o Russia
o Spain
o Italy
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Singapore
o Malaysia
o Rest of Asia Pacific
• LAMEA
o Brazil
o Argentina
o UAE
o Saudi Arabia
o South Africa
o Nigeria
o Rest of LAMEA
Companies Profiled
• Robert Bosch GmbH
• NVIDIA Corporation
• Renesas Electronics Corporation
• Microsoft Corporation
• Intel Corporation
• Adobe, Inc.
• BlackBerry Limited
• PTC, Inc. (Atego Systems, Inc.)
• NXP Semiconductors N.V.
• Airbiquity, Inc.
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Artificial Intelligence
More than $9 Million Awarded to High School Scientists and Engineers at the Regeneron International Science and Engineering Fair 2024
Grace Sun, 16, receives $75,000 Top Award for a new kind of organic electrochemical transistor at the world’s largest pre-college science, technology, engineering and math (STEM) competition.
TARRYTOWN, N.Y. and WASHINGTON, May 17, 2024 /PRNewswire/ — Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) and Society for Science (the Society) announced that Grace Sun, 16, of Lexington, Kentucky, won the $75,000 top award, the George D. Yancopoulos Innovator Award, named in honor of the pioneering drug researcher and Regeneron co-Founder, Board co-Chair, President and Chief Scientific Officer, in the 2024 Regeneron International Science and Engineering Fair (Regeneron ISEF), the world’s largest pre-college science and engineering competition. Other top prizes went to projects in second-order cone programming, microplastics filtration and multi-sensory therapy for dementia.
The top winners were honored during two award ceremonies: the Special Awards on May 16 and the Grand Awards Ceremony on the morning of May 17. In total, over $9 million USD was awarded to the finalists based on their projects’ creativity, innovation and depth of scientific inquiry. The competition featured nearly 2,000 young scientists representing 49 U.S. states and nearly 70 countries, regions and territories across the world.
Grace Sun, 16, of Lexington, Kentucky, won first place and received the $75,000 George D. Yancopoulos Innovator Award for her research on building a better organic electrochemical transistor that she hopes will be used to develop new electronic devices that could help detect and treat serious illnesses like diabetes, epilepsy and organ failure. To overcome the problems that have previously prevented such devices from working effectively inside the body, Grace developed a new way of chemically treating their organic components, which greatly improved their laboratory performance.
Michelle Wei, 17, of San Jose, California, received one of two Regeneron Young Scientist Awards of $50,000 for her research to improve the speed and efficiency of a type of software that is useful in many fields such as machine learning, transportation and financial systems. Michelle’s new approach involved determining a quick approximate solution to the second-order cone programming problem, then splitting the initial cone into smaller cones, which enabled her new algorithm to greatly outperform previous approaches.
Krish Pai, 17, of Del Mar, California, received the second Regeneron Young Scientist Award of $50,000 for his machine-learning research to identify microbial genetic sequences that can be modified to biodegrade plastic. His new software, called Microby, scans databases of microorganisms and determines which ones can be changed genetically to biodegrade plastics. In tests, he identified two microorganisms that can be genetically modified to degrade plastic at a cost he believes would be ten times less than traditional recycling.
“Congratulations to the Regeneron International Science and Engineering Fair 2024 winners,” said Maya Ajmera, President and CEO, Society for Science and Executive Publisher, Science News. “I’m truly inspired by the ingenuity and determination shown by these remarkable students. Coming from around the world with diverse backgrounds and academic disciplines, these students have shown that it is possible to come together in unity to tackle some of the toughest challenges facing our world today, and I could not be prouder.”
Regeneron ISEF provides a global stage for the world’s best and brightest young scientists and engineers. Through this competition, Regeneron and the Society are fostering the next generation of STEM leaders who are pioneering solutions to improve our world. Since 2020, Regeneron has provided STEM experiences to approximately 2.4 million students, on track to meet its goal of 2.5 million by 2025.
“The talent, intelligence and potential of this year’s Regeneron ISEF finalists is truly inspiring, and I congratulate each on their remarkable achievements,” said George D. Yancopoulos, M.D., Ph.D., co-Founder, Board co-Chair, President and Chief Scientific Officer of Regeneron. “Science competitions like ISEF were pivotal in shaping my own career and fueling my passion to fight back against disease. I look forward to seeing these students continue to push the boundaries of science and technology to create positive and sustainable change for all humanity.”
Other top honors from the competition include:
Justin Huang and Victoria Ou, both 17, of Woodlands, Texas, received the Gordon E. Moore Award for Positive Outcomes for Future Generations of $50,000 for their new prototype filtration system that uses ultrasonic waves to remove microscopic plastic particles from water. In lab tests, the acoustic force from the high-frequency sound waves removed between 84% and 94% of the suspended microplastic particles in a single pass. The students are now working to scale up and fine-tune their experimental system.
Ingrid Wai Hin Chan, 17, of Hong Kong, China received the Craig R. Barrett Award for Innovation of $10,000 for her research on using a multi-sensory therapy for dementia patients. Her mixed therapy app would allow patients to practice physical and cognitive skills through a personalized, immersive environment using virtual reality headsets. Ingrid conducted an eight-week study with six people living with dementia and found that the cognitive function of patients who used her prototype improved in several areas. She believes her app could serve as a viable option for dementia patients with limited access to in-person professional therapy.
Tanishka Balaji Aglave, 15, of Valrico, Florida, received the H. Robert Horvitz Prize for Fundamental Research of $10,000 for her investigation into a natural alternative treatment against citrus greening, a disease that threatens citrus farming in many parts of the world and is currently only treated with antibiotics. Tanishka injected the trunks of infected trees with an extract from the curry leaf tree, and found through tests that this potential method could effectively and sustainably manage citrus greening disease.
Maddux Alexander Springer, 18, of Honolulu, Hawaii, received the Peggy Scripps Award for Science Communication of $10,000 for his research into fibropapillomatosis (FP), a disease that is the primary cause of death in green sea turtles. Some turtles he studied in Kaneohe Bay, Hawaii, were stricken with a disease that causes internal and external tumors that inhibit their everyday lives. After analyzing the turtles’ diet of green algae, Maddux concluded that this disease, wastewater, invasive algae and the amino acid arginine all pose a grave risk to these endangered sea creatures.
Ria Kamat, 17, of Hackensack, New Jersey; Anna Oliva, 17, of Houston, TX; and Shuhan Luo, 18, of Worcester, MA, received the Dudley R. Herschbach SIYSS Award, which provides finalists an all-expense paid trip to attend the Stockholm International Youth Science Seminar during Nobel Week in Stockholm, Sweden.
Jack Shannon, 18, of Clane, Kildare, Ireland, and Nikhil Vemuri, 17, of Cary, North Carolina, received the EU Contest for Young Scientists Award. Their projects will represent Regeneron ISEF at the EU Contest for Young Scientists to be held this September in Katowice, Poland.
For more information about the top winners and access to visual assets visit: https://www.societyforscience.org/isef-2024-media-kit.
The full list of Special Award ISEF 2024 Finalists can be found at https://www.societyforscience.org/press-release/regeneron-isef-2024-special-awards-winners.
In addition to the Top Award winners, more than 450 finalists received awards and prizes for their innovative research, including “First Award” winners, who each received a $5,000 prize.
The following lists the First Award winners for each of the 22 categories, from which the Top Awards were chosen:
Animal Sciences, sponsored by Society for ScienceMaddux Alexander Springer, Honolulu, Hawaii
Behavioral and Social Sciences, sponsored by Society for ScienceAndrew Y. Liang, San Jose, California
Biochemistry, sponsored by RegeneronAmy Hong Xiao, Garden City, New York
Biomedical and Health Sciences, sponsored by RegeneronRia Kamat, Hackensack, New Jersey; Kevin Xuan Lei, Shanghai, China
Biomedical Engineering, sponsored by Alfred E. Mann CharitiesAyush Garg, Dublin, California; Divij Motwani, Palo Alto, California; Akash Ashish Pai, Portland, Oregon
Cellular and Molecular Biology, sponsored by RegeneronLara and Maya Sarah Hammoud, Beverly Hills, Michigan
Chemistry, sponsored by Society for ScienceAkilan Sankaran, Albuquerque, New Mexico; Arjun Suresh Malpani and Siddharth Daniel D’costa, Portland, Oregon
Computational Biology and Bioinformatics, sponsored by RegeneronKun-Hyung Roh, Bronx, New York
Earth and Environmental Sciences, sponsored by Google.orgNikhil Vemuri, Durham, North Carolina; Justin Yizhou Huang and Victoria Ou, The Woodlands, Texas
Embedded Systems, sponsored by HPChloe Rae and Sophie Rose Filion, Welland, Ontario, Canada
Energy: Sustainable Materials and Design, sponsored by Siemens EnergyAlia Wahban, Hamilton, Ontario, Canada
Engineering Technology: Statics and Dynamics, sponsored by Howmet Aerospace FoundationChiyo Nakatsuji, Bunkyoku, Tokyo, Japan; Kevin Shen, Olympia, Washington
Environmental Engineering, sponsored by JacobsKrish Pai, San Diego, California; Jack Shannon, Clane, Kildare, Ireland
Materials Science, sponsored by Howmet Aerospace FoundationGrace Sun, Lexington, Kentucky
Mathematics, sponsored by Akamai FoundationAnna Oliva, Houston, Texas
Microbiology, sponsored by Schattner FoundationMatthew Chang, Irvine, California
Physics and Astronomy, sponsored by Richard F. Caris Charitable Trust IIHarini Thiagarajan and Vishal Ranganath Yalla, Bothell, Washington; Shuhan Luo, Worcester, Massachusetts
Plant Sciences, sponsored by Society for SciencePauline Estrada, Fresno, California; Tanishka Balaji Aglave, Dover, Florida
Robotics and Intelligent Machines, sponsored by RegeneronMichal Lajciak, Dubnica nad Vahom, Trenciansky kraj, Slovakia; Anthony Efthimiadis, Oakville, Ontario, Canada
Systems Software, sponsored by MicrosoftMichelle Wei, San Jose, California
Technology Enhances the Arts, sponsored by Society for ScienceAnant Khandelwal, Sritan Motati and Siddhant Sood, Alexandria, Virginia
Translational Medical Science, sponsored by RegeneronZheng-Chi Lee, West Lafayette, Indiana; Ingrid Wai Hin Chan, Hong Kong, China
The full list of all award-winning ISEF 2024 finalists is available here: https://www.societyforscience.org/press-release/regeneron-isef-2024-full-awards.
View all the finalists’ research here: https://projectboard.world/isef.
About the Regeneron International Science and Engineering FairThe Regeneron International Science and Engineering Fair (Regeneron ISEF), a program of Society for Science for over 70 years, is the world’s largest global science competition for high school students. Through a global network of local, regional and national science fairs, millions of students are encouraged to explore their passion for scientific inquiry. Each spring, a group of these students is selected as finalists and offered the opportunity to compete for approximately U.S. $9 million in awards and scholarships.
In 2019, Regeneron became the title sponsor of ISEF to help reward and celebrate the best and brightest young minds globally and encourage them to pursue careers in STEM to positively impact the world. Regeneron ISEF is supported by a community of additional sponsors, including Akamai Foundation, Alfred E. Mann Charities, Aramco, Caltech, Google.org, Gordon and Betty Moore Foundation, Howmet Aerospace Foundation, HP, , Jacobs, King Abdulaziz & his Companions Foundation for Giftedness and Creativity, Microsoft, National Geographic Society, Richard F. Caris Charitable Trust II, Rise, an initiative of Schmidt Futures and the Rhodes Trust, Schattner Foundation, Siemens Energy, Annenburg Foundation, Ballmer Group, Broadcom Foundation, Cesco Linguistic Services, Conrad N. Hilton Foundation, Edison International, Insaco, Oracle Academy, The Eli and Edythe Broad Foundation, The Ralph M. Parsons Foundation and US Army ROTC. Many are entrepreneurs across a wide range of industries. Learn more at https://www.societyforscience.org/isef/.
About Society for ScienceSociety for Science is a champion for science, dedicated to promoting the understanding and appreciation of science and the vital role it plays in human advancement. Established in 1921, Society for Science is best known for its award-winning journalism through Science News and Science News Explores, its world-class science research competitions for students, including the Regeneron Science Talent Search, the Regeneron International Science and Engineering Fair and the Thermo Fisher Scientific Junior Innovators Challenge, and its outreach and equity programming that seeks to ensure that all students have an opportunity to pursue a career in STEM. A 501(c)(3) membership organization, Society for Science is committed to inform, educate and inspire. Learn more at www.societyforscience.org and follow us on Facebook, Twitter, Instagram and Snapchat (Society4Science).
About RegeneronRegeneron (NASDAQ: REGN) is a leading biotechnology company that invents, develops and commercializes life-transforming medicines for people with serious diseases. Founded and led by physician-scientists, our unique ability to repeatedly and consistently translate science into medicine has led to numerous approved treatments and product candidates in development, most of which were homegrown in our laboratories. Our medicines and pipeline are designed to help patients with eye diseases, allergic and inflammatory diseases, cancer, cardiovascular and metabolic diseases, neurological diseases, hematologic conditions, infectious diseases and rare diseases.
Regeneron believes that operating as a good corporate citizen is crucial to delivering on our mission. We approach corporate responsibility with three goals in mind: to improve the lives of people with serious diseases, to foster a culture of integrity and excellence and to build sustainable communities. Regeneron is proud to be included on the Dow Jones Sustainability World Index and the Civic 50 list of the most “community-minded” companies in the U.S. Throughout the year, Regeneron empowers and supports employees to give back through our volunteering, pro bono and matching gift programs. Our most significant philanthropic commitments are in the area of early science education, including the Regeneron Science Talent Search and the Regeneron International Science and Engineering Fair (ISEF).
For more information, please visit www.Regeneron.com or follow Regeneron on LinkedIn, Instagram, Facebook or X.
More information about the top winners and access to visual assets visit: https://www.societyforscience.org/isef-2024-media-kit.
Media ContactsJoseph Brown, [email protected]
Gayle Kansagor, Society for [email protected]
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Artificial Intelligence
J.P. Morgan Life Sciences Private Capital, Blue Horizon Advisors and United Al Saqer Announce Winner of Inaugural 2024 Life Sciences Innovation Summit
In conjunction with Abu Dhabi Global Healthcare Week 2024
ABU DHABI, UAE, May 17, 2024 /PRNewswire/ — J.P. Morgan Life Sciences Private Capital, Blue Horizon Advisors and United Al Saqer Group announced today Rayees Rahman of Harmonic Discovery as the winner of the inaugural J.P. Morgan Asset Management: Life Sciences Innovation Summit. Harmonic Discovery is a precision pharmacology company applying its generative chemistry platform to advance next-generation kinase inhibitors.
In partnership with the Department of Health – Abu Dhabi (DoH), the Summit took place on May 14-15, 2024 at Cleveland Clinic Abu Dhabi and showcased the 11 innovative finalists, as well as highlighted existing innovators and opportunities in the Emirate of Abu Dhabi. The event also featured keynote speeches from Dr. Laurie Glimcher of Dana-Farber Cancer Institute, Dr. Shahrukh Hashmi of the Department of Health – Abu Dhabi, and Dr. David Ho of Columbia University Medical Center and provided attendees networking opportunities to gain valuable insights into the future of life sciences innovation.
In addition, the jury designated Chun-Hao Huang of Algen Biotechnologies as honourable mention. Algen Biotechnologies is a platform therapeutics and drug discovery company using world-leading CRISPR and AI to find treatments for cancer, inflammation and metabolic diseases.
The winners were selected by an esteemed, international panel of judges, which included:Laurie Glimcher, MD, President and CEO at Dana-Farber Cancer InstituteJorge Guzman, MD, CEO at Cleveland Clinic Abu DhabiProf. Shahrukh Khurshid Hashmi, MD, Director of Research, Department of Health, Abu DhabiYasmine Hayek Kobeissi, PhD, CQF, BSc., Executive Director at Blue Horizon AdvisorsAnya Schiess, Managing Partner at J.P. Morgan Life Sciences Private CapitalWalid Zaher, PhD, Co-Founder and CEO, Carexso
Dr. Asma Al Mannaei, Executive Director of the Research and Innovation Centre at the Department of Health – Abu Dhabi said: “Under the directives of the UAE’s wise leadership, and renowned for its world-leading medical infrastructure, Abu Dhabi stands at the forefront of healthcare excellence, offering an unparalleled opportunity for advancement in healthcare for global partners. It was our utmost pleasure hosting the J.P. Morgan Asset Management Life Sciences Innovation Summit 2024 on the sidelines of Abu Dhabi Global Healthcare Week and we commend the winners for their pioneering efforts in driving impactful advancements in healthcare; their dedication to innovation not only transforms the landscape of medicine, but also holds the promise of improving lives worldwide.”
Stephen Squinto, PhD, Chief Investment Officer, J.P. Morgan Life Sciences Private Capital said: “We are thrilled with the level of biotech passion and innovation that we observed at this year’s Summit in Abu Dhabi. The energy was truly palpable we are thrilled to announce Rayees Rahman as the winner of our first Life Sciences Innovation Summit. Harmonic Discovery’s approach embodies the next generation of drug discovery and development. We appreciate the time and effort of all participants and cannot wait for our next event in the region.”
Nabil Kobeissi, Chief Executive Officer of Blue Horizon Advisors, said: “As the main sponsor, we are committed to nurturing and fostering the growth of all 11 finalists in this vibrant biotech ecosystem. This Summit marks the beginning of a transformative journey, and we are confident that it will pave the way for a flourishing hub in the region. We are also pleased to announce that we will commit to invest in and partner with the winner, Harmonic Discovery, to support its future growth in the region.”
Sponsors for the event included J.P. Morgan Life Sciences Private Capital, J.P. Morgan Commercial Bank, Blue Horizon Advisors, United Al Saqer Group, Thermo Fisher Scientific, and Salam Capital. The Summit organisation, logistics and finalist recruitment were facilitated by Lyfebulb.
Of importance, at the Summit, Mr. Mohamed Al Breiki, Executive Director of Sustainable Development at Masdar City, announced that Masdar City Free Zone would award all 11 Finalists complimentary business licenses to further support their establishment in the region. Masdar City is one of the world’s most sustainable urban developments and innovation hubs with a growing focus on life science entrepreneurship in Abu Dhabi.
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Artificial Intelligence
Congregating in the Lion City for a Win-Win Future of Intelligent Computing at the Global Data Center Facility Summit 2024
SINGAPORE, May 17, 2024 /PRNewswire/ — On May 17, 2024, the Global Data Center Facility Summit 2024 was held in Singapore with the theme of “Power the Digital Era Forward.” At the summit, over 600 data center industry leaders, technical experts, and ecosystem partners gathered to discuss new trends and opportunities of the global data center industry in the intelligent computing era. The attendees also got to experience all-scenario, all-ecosystem, and all-service end-to-end (E2E) solutions, share innovative practices of green data centers in the Asia Pacific and Europe, and experience the exhibition vehicle to unveil the mystery of Outdoor PowerPOD that features one power system per container. By fully embracing the intelligent computing era, Huawei strives to power the digital era forward.
Seizing Opportunities Brought by AI and Jointly Building Green & Reliable Computing Infrastructure
At the opening speech, Charles Yang, Senior Vice President of Huawei and President of Marketing, Sales and Services, Huawei Digital Power, noted that since ChatGPT ushered in the AI era, large models keep pushing the limits of computing power and the intelligent computing industry is witnessing an unprecedented construction boom. As predicted, 100 GW will be added to the global data center installed capacity and the market value will exceed US$600 billion in the next five years.
According to Charles, with opportunities come challenges. The primary challenge concerning the data center industry is reliability and electricity. Data centers are scaling up from the MW-level to the GW-level. E2E reliability of data centers is becoming even more important than ever. In response to the opportunities, Huawei will work with customers and partners to expand the industry space.
Steering Data Centers to the AI Era with Product + Service + Ecosystem
During the summit, Sun Xiaofeng, President of Huawei Data Center Facility & Critical Power Business, delivered a speech titled “Power the Digital Era Forward. ” He stated that as AI large models are penetrating, the surging compute demands drive the expansive growth in data center.
To address the challenges, Huawei strives to build product + service + ecosystem E2E data center solutions that feature fast deployment, flexible cooling, green energy, and ultimate reliability.
Fast deployment: Data centers are fully modularized and prefabricated to ensure high quality and efficient construction.Flexible cooling: Air-liquid fusion and integrated cooling source emerges as the optimal cooling architecture for intelligent computing.Green energy: New generation-grid-load-storage integrated solution is built to ensure the sound operations of intelligent computing centers.Ultimate reliability: Data centers are safeguarded through reliable products and preventive protection.Currently, Huawei’s global service network covers more than 170 countries with over 1800 professional engineers, providing 24/7 technical support. With N+ flagship service centers, Huawei has built a one-hour service radius for its customers.
The ecosystem is a key part for a win-win future of intelligent computing. Huawei works with partners to develop comprehensive E2E solutions and provide customers with one-stop data center services.
During the summit, Huawei and the ASEAN Centre for Energy released a white paper on “Building Next Generation Data Center Facility in ASEAN.” The document provides insights into the status quo, challenges, and trends of data centers in the ASEAN region, and emphasizes that efficient and energy-saving products and solutions should be applied. It also proposes future-oriented policy recommendations for data center markets.
In the ecosystem exhibition area, Huawei showcased scenario-based solutions for large-, medium-, and small-sized data centers, and demonstrated data center consulting, design, integrated development, and delivery capabilities with dozens of ecosystem partners including CIMC, Weichai, CSCEC, and Huashi.
On a special note, the Huawei Outdoor PowerPOD exhibition vehicle made its global debut. The Huawei Outdoor PowerPOD features one power system per container, outdoor deployment, plug-and-play, and high protection rating and reliability. It has become the preferred choice for decoupling the power supply architecture.
A single tree cannot make a forest.
AI is presenting great opportunities. By delving into the industry, aggregating partner ecosystems, and making innovations applicable to transformations, Huawei will continue to help customers build reliable computing infrastructure, accelerating the industry to embrace AI and powering the digital era forward.
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