ABB shines with strong earnings growth in the first quarter of 2025 and exceeds analysts' expectations. The Swiss technology group plans to spin off its Robotics division and float it on the stock market in 2026 - a significant step in its global automation strategy.
Category: Mechanical Engineering
Between innovation and regulation: how companies can shape the AI transformation
Artificial intelligence (AI) is regarded as the key technology of the future. Nevertheless, it is clear that many companies still have a long way to go before it is used in a well thought-out and broad-based manner. Florian Hirner, Head of the Austrian Standards Academy, talks about new EU regulations, opportunities and risks of artificial intelligence in day-to-day business.
IMHX Visitor Registration Now Open
Visitor registration is now open for the International Materials Handling Exhibition (IMHX) 2025, the UK’s leading trade event for warehouse and intralogistics professionals. After a three-year hiatus, the exhibition returns to the NEC Birmingham from 9-11th September 2025. IMHX 2025 is expected to welcome approximately 10,000 attendees and over 300 exhibitors showcasing the latest innovations […]
Year 2025: The Rise of Smart Warehousing
Smart warehousing leverages automation and real-time data to optimize warehouse operations. According to Inbound Logistics, implementing smart warehouse technologies offers myriad benefits, including real-time inventory tracking, reduced labor costs, and improved customer service. The global smart warehouse market is experiencing significant growth. Precedence Research reports that the market size is worth around USD 26.10 billion […]
Artificial intelligence in industry: possible applications, EU AI Act and future opportunities
Artificial intelligence (AI) is revolutionizing industry: from efficient production and predictive maintenance to smart logistics, AI is changing all areas of the value chain. But with innovation also comes challenges such as regulation, ethical issues and security. Find out how the EU AI Act is influencing the industry, what opportunities and risks AI entails and how companies can use this technology to remain fit for the future.
Montana Aerospace with a strong start to the year – profit and revenue significantly increased in the first quarter
The Austrian aerospace and energy supplier Montana Aerospace is defying the weak market conditions among major customers such as Airbus and Boeing and reports a strong increase in revenue, profit, and EBITDA for the first quarter of 2025. The energy segment in particular is benefiting from the high demand for high-voltage infrastructure. The internationally active […]