As the occurrence of natural disasters increases, grid hardening and resiliency technologies are critical to outage prevention and recovery
A new report from Guidehouse Insights discusses key grid hardening and resiliency technologies for deployment on transmission and distribution (T&D) networks.
The global electric grid is transforming from a unidimensional system of power producers and consumers into a multidimensional, cloud-enabled network. As such, it is more critical than ever for utilities and solutions providers to prioritize grid hardening and resiliency technologies. Click to tweet: According to a new report from @WeAreGHInsights, utilities must strategically invest in automation, control, visibility, and resiliency technologies.
“The frequency and scale of natural disasters increase year over year, and outages are simultaneously becoming less tolerable and more expensive to utility customers,” says Michael Hartnack, senior research analyst with Guidehouse Insights. “Increasing outages linked to natural disasters, wildfires, and other events is adding to the threat
With the rise in remote work, the cloud industry has experienced extraordinary growth, largely due to enterprise businesses transitioning their physical IT infrastructure to the cloud. Along with this rapid expansion into cloud technology comes the need for a workforce with cloud expertise.
At the moment, the IT needs are changing faster than the employees in charge of these programs can handle. In fact, only 56% of cloud leaders report having an actionable plan to upskill their workforce in cloud environments.
The lack of planning surrounding employee training is only one of the pain points that comes with navigating the complexity of the cloud. Other barriers to success include a lack of internal skills and knowledge, balancing competing priorities with day-to-day work, and providing enough time for employees to study the ins and outs of the major cloud providers, while also doing their existing full-time jobs.
There could be investment gold in a surprising place — air conditioning.
This roughly $48 billion industry is expected to grow at a 1% annual rate in the next five years propelled by powerful trends — most notably climate change.
Carrier CARR , Trane Technologies, and Johnson Controls are likely beneficiaries of the future of air conditioning.
Heating, Ventilation, Air Conditioning and Refrigeration (HVACR) is a large industry that has been hurt by the pandemic but is likely to enjoy modest future growth. According to IBISWorld, in the five years to 2020, residential construction activity has expanded due
Morgan Stanley says new technologies are feeding into a surge in productivity that will help the economy for years.
Strategist Adam Virgadamo says the pandemic will speed up that change, and investors don’t have to buy tech stocks to reap the rewards.
He’s compiled a list of innovators that have been outperforming and look like they will continue to do based on their strategies and investments in their businesses.
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New technology has permeated so many industries and transformed business. But when investors want long-term growth, they’re mostly buying the same mega-cap tech stocks.
That’s stayed true even as some experts have warned about the sky-high prices of those same stocks, raising the spectre of the dot-com bubble 20 years ago and the dominance of a handful of giant stocks that hit record levels.
Whether there’s a bubble or not, Adam Virgadamo, a
Thanks to their flagship kitchen robot Flippy, Miso Robotics is revolutionizing the restaurant industry by introducing technology that increases efficiency through Artificial Intelligence while cutting costs across the board.
Having already raised over $7,000,000 in funding from over 3,200 individual investors, Miso Robotics is currently offering shares that cost just over $17, and the minimum investment amount is under $1,500—making it easy for first-time investors to get in on the ground floor regardless of their budget or previous investment experience.
White Castle, America’s first fast food hamburger chain, has also partnered with Miso Robotics to develop, pilot, and undertake a beta rollout of Miso Robotics’ Flippy for White Castle’s North American restaurants.
You don’t need to have millions of dollars in order to invest in the future of restaurant technology. Through SeedInvest, you’ll be able to invest in Miso Robotics’ increasingly popular and cost-cutting AI technology, and it’s easy to
Investors just got four new ways to buy into China’s stock market “stars.”
Four exchange-traded funds launched in China this week tracking the Shanghai stock market’s Star 50 Index, a collection of the 50 largest stocks on the tech-heavy Star Market. The Star 50 Index is up nearly 50% this year.
While U.S. investors don’t yet have access to the funds — issued by China Asset Management, Huatai-PineBridge Fund Management, ICBC Credit Suisse Asset Management and E Fund Management — there are many reasons for them to be watching this move, one top money manager told CNBC this week.
These ETFs could be some of the first to access the highly anticipated Ant Group IPO, Tim Seymour, the founder and chief investment officer of Seymour Asset Management, told CNBC’s “ETF Edge” on
Software and cloud computing services have been all the rage this year as organizations have shifted to remote digital-based operations because of COVID-19. Tech hardware has been much more of a mixed bag. Some companies reliant on smartphone and auto sales haven’t fared so well, while others that supply parts for networking and data centers have been off to the races.
Headed into the final quarter of 2020, some of this year’s biggest winners are showing signs of continuing their run, while other not-so-fortunate companies are predicting a rebound in 2021. Three Fool.com contributors think Micron Technology (NASDAQ:MU), Nokia (NYSE:NOK), and Lam Research (NASDAQ:LRCX) are timely tech hardware buys for October.
Image source: Getty Images.
This memory chip business just passed a critical test
Nicholas Rossolillo (Micron Technology): For semiconductor investor veterans, it’s well-known that chip manufacturing is a highly cyclical industry. Memory chips in particular are prone
(Reuters) – Indian oil-to-telecoms conglomerate Reliance Industries Ltd said on Saturday Singapore sovereign wealth fund GIC and global private equity firm TPG Capital invested a combined 73.50 billion rupees (about $1 billion) in its retail unit.
Reliance, controlled by Asia’s richest man Mukesh Ambani, has secured more than $2 billion in investments from global investors, including KKR & Co, Abu Dhabi state fund Mubadala and Silver Lake Partners, in Reliance Retail Ventures Ltd over the past few months.
GIC will invest 55.12 billion rupees for a 1.22% stake, while TPG Capital Management will invest 18.38 billion rupees to own a 0.41% equity stake in the retail arm, the company said.
The investments in Reliance Retail values the company at a pre-money equity value of 4.285 trillion rupees ($58.47 billion), Reliance said.
This is TPG Capital’s second investment in Reliance. In June, the firm invested $598 million in Reliance’s digital unit
Google plans to invest $1 billion in partnerships with news publishers worldwide to develop a “Showcase” app to highlight their reporting packages, chief executive Sundar Pichai said Thursday.
“This financial commitment — our biggest to date — will pay publishers to create and curate high-quality content for a different kind of online news experience,” Pichai said in a statement.
Google has locked horns with publishers repeatedly in recent years over its reluctance to pay for displaying articles, videos and other content in its search results, which has become a vital path for reaching viewers as print subscriptions fade.
It is currently in a standoff with several European media groups, including Agence France-Presse, over its refusal to comply with a new EU law governing digital copyrights.
The US giant says it should not have to pay to display pictures, videos or text snippets alongside search results, arguing it drives hundreds of
Apple (AAPL +1.1%) contract manufacturers Hon Hai/Foxconn (OTCPK:HNHAF,OTCPK:HNHPD), Wistron (OTC:WICOF), and Pegatron (OTC:PGTRF) will invest nearly $900M in India over the next five years, according to Reuters sources.
The companies are taking advantage of India’s new $6.7B production-linked initiative, which gives cash for any sales increase of locally-made smartphones over that five-year period, compared to 2019-20 sales.
Foxconn will contribute about $542M and the others will roughly split the remainder.
Reuters sources say most of the funding will go toward expanding iPhone manufacturing in the region. Wistron’s local facilities only assemble iPhones.
Wistron assembles about 200K of the new low-cost iPhone SE models in India each month. Sources say the monthly total could double by year’s end.
Foxconn assembles for Apple and Xiaomi (XI) in the region, but reportedly already has enough capacity for Xiaomi.
Apple brought SE assembly to India in 2017 in a bid to diversify