Tag Archives: Operations
MUELHEIM AN DER RUHR, Germany (Reuters) – Thyssenkrupp (TKAG.DE) opened a 3D printing center in the industrial heartland of western Germany on Friday as part of its efforts to tap into an expanding market.
Thyssenkrupp has invested upwards of a million euros in the center, which operates two 3D printers, one for plastic and one for metal components, Chief Executive Heinrich Hiesinger said.
Hiesinger estimated the value of the overall market for such products was as high as around 20 billion euros ($ 23.8 billion) in annual sales, adding the German company was keen on accessing it through industries, including aviation, automotive and energy.
“If we take all our sectors we would cover about half of that, which does not mean that we can service this market right away. But its the arena where we will be able to start to deliver to customers,” Hiesinger said.
Some industrial components such as airline or wind-turbine parts can now be made by 3D printing, or additive manufacturing, in which objects are printed in layers directly from a computer design instead of being cut out of blocks of material.
($ 1 = 0.8415 euros)
Reporting by Christoph Steitz; Editing by Keith Weir
This piece explores the manner in which digitalization–the use of analytics, big data, the Internet of Things, cloud, and mobile–gives enterprises new opportunities to propel their business. At the same time, “digital” transforms operations processes, business processes, and customer experience.
Logical Operations Offers Robust Portfolio of Google Cloud Services Training Curriculum to Meet Growing Demand for Cloud Computing Skills.
The partnership comes in the face of mutual suspicion between the US and Chinese government amid claims and counter claims of state sponsored cyber security threats.
In June Cisco was forced to remove several of its senior executives in China, amid reports of falling sales slide and Chinese government fears about the foreign ownership of networking equipment.
Cisco’s China sales fell 20 per cent on the previous year in the quarter ending on April 25 at a time when its global revenue gained 5.1 per cent. As its share of the Chinese router market fell from 21.2 per cent to 9.4 per cent the lost sales went to local rival Huawei Technologies, according to Bernstein Research.
Direct selling became more challenging, The Wall Street Journal has reported, after US National Security Agency whistleblower Edward Snowden said the NSA put surveillance tools in US technology products sold overseas.
US-Chinese technology company partnerships are growing in number and Microsoft announced on Thursday an alliance with Baidu and the Chinese state-owned private investment firm Tsinghua Unigroup on cloud technology. Last week Dell unveiled plans to invest $ 125 billion over five years in China. Earlier this year, IBM pledged to help develop China’s advanced chip industry with a ‘Made with China’ strategy, while chipmakers Intel and Qualcomm are developing chips with smaller Chinese companies.
Chinese President Xi Jinping’s arrived in Seattle this morning on a state visit to the US.
Chinese officials have said the partnerships will follow the pattern of car manufacturing agreements in the past, with foreign technology firms granted market access in return for shared technology and co-operation with Chinese industry.
Cisco corporate Cisco Systems is to form a joint venture with Chinese server maker Inspur, selling networking and cloud computing products in China.