TVS Motor Singapore Invests US$ 3.2 Million in Predictronics Corporation, an AI Driven Predictive Maintenance Analytics Solutions Provider

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TVS Motor Singapore Invests US$ 3.2 Million in Predictronics Corporation, an AI Driven Predictive Maintenance Analytics Solutions Provider

PR Newswire

SINGAPORE and CINCINNATI, Aug. 17, 2019 /PRNewswire/ — TVS Motor (Singapore) Pte. Limited, a wholly-owned subsidiary of TVS Motor Company Limited, India, has signed definitive agreements to invest US$ 3.2 million in Predictronics Corporation, a US corporation, headquartered in Cincinnati, Ohio, which specialises in providing end-to-end predictive maintenance analytics solutions.

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Predictronics’ solutions combine expertise in IIoT, Industrial AI, Big Data, Machine Learning, and Predictive Analytics to remove the uncertainty from industrial operations and improve process uptime, production planning, maintenance, and product quality by providing actionable information and accurate predictions that empower clients to have a transparent, worry-free business. Their claim to fame is that “We know what happens next, and so can you.”

Rajesh Narasimhan, Board Member of TVS Motor Company and CEO of TVS Motor (Singapore), stated that, “We evaluated many companies globally providing Predictive Maintenance solutions and found Predictronics’ product offerings and solutions to be a clear differentiator. Their PDX platform collects and analyses big data with a goal of reducing unplanned down time, increasing productivity and improving product quality. We are hence happy to invest in and strategically partner with Predictronics as they continue to deliver business improvements for Fortune 500 companies while leveraging them for our businesses.”

Edzel Lapira, Co-Founder & CEO of Predictronics added, “We believe TVS Motor Company is an ideal strategic investor and partner for Predictronics with the forward-looking vision, dedication, and clear business case for harnessing the power of advanced analytics technologies. Such investors are rare but also key for a company like Predictronics to guide, improve, and validate our technology, deployment strategy, business model, and go-to market. Having this relationship with a visionary company like TVS Motor Company, I believe, will truly take our company to a whole new level, while also addressing TVS Motor Company’s business goals.”

About TVS Motor Company & the TVS Group

TVS Motor Company is a public listed company, headquartered in India. It is a highly-reputed two and three-wheeler manufacturer, and the flagship company of the USD 8.5 billion TVS Group. Rooted in the 100-year legacy of Trust, Value, Passion for Customers and Exactness, it takes pride in making internationally aspirational products of the highest quality through innovative and sustainable processes. TVS Motor Company is also the only two-wheeler company to have received the prestigious Deming Prize. It is the third largest two-wheeler manufacturer in India and ranks in the top 10 globally. The company has an excellent track record with innovation and quality and is the market leader in customer service.

TVS Motor (Singapore) Pte. Limited, headquartered in Singapore, is a wholly-owned subsidiary of TVS Motor Company that is being leveraged to operationalize a digital technology startup focused on the Automotive and Fintech industries, with portfolios and offerings that will deliver high quality solutions to help address real life business challenges by harnessing the power of Analytics, Artificial Intelligence (AI), Augmented Reality (AR), Internet of Things (IoT), Machine Learning (ML) and Virtual Reality (VR). The strategy adopts both inorganic and organic means for the initial build out and subsequent expansion and growth.

About Predictronics

Predictronics is a software and professional analytics services company, with a focus in predictive maintenance, based in Cincinnati, Ohio, USA that is dedicated to bringing real impact to its customers operations by reducing costs, preventing downtime, eliminating waste, and ensuring quality. Predictronics’ solutions are delivered by a team of experts that combine industrial domain knowledge with extensive experience in designing, developing, deploying and integrating predictive analysis and monitoring software.

Predictronics has been recognized recently by the Manufacturing Leadership Council with a Technology Partner Award for its work with an automotive supplier customer in the area of artificial intelligence and analytics.

 

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SOURCE TVS Motor (Singapore) Pte. Limited

China Silicon Carbide Industry Report, 2019-2025

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China Silicon Carbide Industry Report, 2019-2025

PR Newswire

DUBLIN, Aug. 16, 2019 /PRNewswire/ — The “China Silicon Carbide Industry Report, 2019-2025” report has been added to ResearchAndMarkets.com’s offering.

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A Combination of Factors Such as Technological Advances, Favorable Policies, and Growing Demand Will Prop the Chinese SiC Industry to Soar.

Silicon carbide (SiC) is the most mature and the most widely used among third-generation wide bandgap semiconductor materials. Over the past two years, global SiC market capacity, however, hovered around 3 million tons due to producers’ unwillingness to expand production, a result of high technical barriers (unstable quality of the raw material crystal column). China’s SiC market remains in large size despite a late start, with its capacity sharing roughly 70% of the global total in 2018.

Although China boasts a large SiC capacity, most of the Chinese companies make little use of their capacity, stopping production or just producing sometimes on account of environmental campaigns. In 2018, China’s SiC output reached 910,000 tons (with capacity utilization close to 40%), an annualized slump of 15.7%. In the country, SiC products fall into black and green types, of which black SiC prevails in the market. In 2018, China produced 850,000 tons of black SiC (or 93.4% of the country’s total SiC output), 15% less than in the previous year; its green SiC output plunged by 25% to 60,000 tons. The ever-wider use of diamond in solar wafer cutting was another big reason why SiC output took a nosedive.

In China, demand from SiC power devices will be a stimulus to SiC market growth, and traditional applied industries like refractories and abrasives will need less. It can be seen from the trends of the international market that foreign automotive semiconductor vendors have set about seeking for long-term partnerships with SiC wafer suppliers; in the Chinese market, the collaborations between the Institute of Electrical Engineering (IEE) of Chinese Academy of Sciences (CAS), Tsinghua University and Belgium’s CISSOID in 2019, are a boon for massive application of SiC devices to new energy vehicles.

Additionally, SiC devices are extensively used in 5G base stations. In 2019, Xidian University succeeded in the trial production of a 5G communication chip by using new-generation gallium nitride (GaN) material based on SiC substrate, breaking the overseas monopoly and paving the way for SiC being applied to domestic 5G market.

The burgeoning sectors like new energy vehicles and 5G will push up global SiC power semiconductor market size to a staggering $1.6 billion in 2025, compared with less than $400 million in 2018. The figure is expected to surge to virtually $5.0 billion in 2030, at an AAGR of at least 20%.

China Silicon Carbide Industry Report, 2019-2025 highlights the following:

  • Global silicon carbide industry (smelting and processing, power semiconductors) (market size, key companies, etc.)
  • China silicon carbide industry (policy environment, industry status, and development trend)
  • China silicon carbide smelting and processing market (supply and demand, import and export, key companies and price trend)
  • China silicon carbide semiconductor industry (market size, industry chain (substrates, epitaxies, devices, etc.), key companies, etc.)
  • 15 Chinese silicon carbide smelting and processing companies and 12 silicon carbide semiconductor vendors (operation, revenue structure, silicon carbide business, etc.).

Key Topics Covered:

1. Overview
1.1 Definition and Classification
1.2 Properties and Applications
1.3 Industry Chain

2. Development of Global Silicon Carbide Industry
2.1 Silicon Carbide Smelting and Processing
2.1.1 Market Situation
2.1.2 Key Companies
2.2 Silicon Carbide Power Semiconductor
2.2.1 Overview
2.2.2 Market Situation
2.2.3 Silicon Carbide Substrate
2.2.4 Silicon Carbide Epitaxial Wafer
2.2.5 SiC Power Devices
2.2.6 Key Companies

3. Development of China Silicon Carbide Industry
3.1 Policies
3.2 Status Quo
3.3 Development Trend

4 China Silicon Carbide Smelting and Processing Market
4.1 Supply and Demand
4.1.1 Supply
4.1.2 Demand
4.1.3 Blade Grade Silicon Carbide
4.2 Import and Export
4.2.1 Export
4.2.2 Import
4.3 Price Trend
4.4 Corporate Competition

5 China Silicon Carbide Semiconductor Market
5.1 Market Situation
5.2 SiC Substrate
5.2.1 Status Quo
5.2.2 Key Companies
5.3 Silicon Carbide Epitaxial Wafer
5.4 Silicon Carbide Device
5.5 Application

6. Upstream and Downstream Sectors of China Silicon Carbide Industry
6.1 Upstream Sectors
6.1.1 Quartz Sand
6.1.2 Anthracite
6.1.3 Petroleum coke
6.2 Downstream Sectors
6.2.1 Abrasives
6.2.2 Refractories
6.2.3 Iron & Steel
6.2.4 Special Ceramics
6.2.5 LED
6.2.6 PV
6.2.7 New Energy Vehicles
6.2.8 Microwave Device
6.2.9 5G Communication Base Station

7 Key Chinese Silicon Carbide Smelting and Processing Companies
7.1 Henan Yicheng New Energy Co., Ltd.
7.1.1 Profile
7.1.2 Operation
7.1.3 Revenue Structure
7.1.4 Gross Margin
7.1.5 R&D and Investment
7.1.6 Clients and Suppliers
7.1.7 Silicon Carbide Business
7.1.8 Prediction and Outlook
7.2 Ningxia Orient Tantalum Industry Co., Ltd.
7.3 JiangSu HaoBo New Materials Co., Ltd.
7.4 Pingluo Binhe Sic Co., Ltd.
7.5 Lanzhou Heqiao Resource Co., Ltd.
7.6 NingXia Tianjing Long Ding Silicon Carbide Co., Ltd.
7.7 Tianzhu Zhengyu Silicon Carbide Co., Ltd.
7.8 Ningxia Jinjing Metallurgicals & Minerals Industrial Co., Ltd.
7.9 Tonghua Hongxin Abrasive Co., Ltd.
7.10 Linshu Zhengyu Silicon Carbide Factory
7.11 Jiangsu Leyuan New Materials Group Co., Ltd.
7.12 Hanjiang Hongyuan Xiangyang Silicon Carbide Special Ceramics Co., Ltd.
7.13 Yili Master Carborundum Products Co., Ltd.
7.14 Xinjiang Longhai Silicon Industry Development Co., Ltd.
7.15 Shandong Jinmeng New Material Co., Ltd.

8 Key Chinese Silicon Carbide Semiconductor Vendors
8.1 Beijing TanKeBlue Semiconductor Co., Ltd.
8.1.1 Profile
8.1.2 Operation
8.1.3 Revenue Structure
8.1.4 Gross Margin
8.1.5 Clients and Suppliers
8.1.6 R&D and Investment
8.1.7 Silicon Carbide Business
8.1.8 Development Strategy
8.2 SICC Science & Technology Co., Ltd.
8.3 Hebei Synlight Crystal Co., Ltd.
8.4 Beijing Century Goldray Semiconductor Co., Ltd.
8.5 Yangzhou Yangjie Electronic Technology Co., Ltd.
8.6 Global Power Technology (Beijing) Co., Ltd.
8.7 EpiWorld International Co., Ltd.
8.8 Semiconductor Business Unit of Zhuzhou CRRC Times Electric Co., Ltd.
8.9 Dongguan Tianyu Semiconductor Technology Co., Ltd.
8.10 Xiamen Xinguangrunze Technology Co., Ltd.
8.11 Roshow Technology CO., Ltd.
8.12 CISRI-Zhongke Energy Conservation and Technology Co., Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/b593vo

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Laura Wood, Senior Manager
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SOURCE Research and Markets

LuminAID Adds a Powerhouse to Its PackLite Solar Lantern Family

LuminAID Adds a Powerhouse to Its PackLite Solar Lantern Family

Introducing the PackLite Titan 2-in-1 Phone Charger

PR Newswire

CHICAGO, Aug. 16, 2019 /PRNewswire-PRWeb/ – Chicago-based solar startup LuminAID has announced the newest addition to its line of solar-powered, phone charging lanterns. The PackLite Titan 2-in-1 Phone Charger is the company’s most efficient lantern yet, and features a self-inflating design that allows for easy expansion with one simple twisting motion.

The PackLite Titan 2-in-1 Phone Charger is launching as an exclusive for REI customers, available chain-wide in all 152 stores. Following the success of the PackLite line at REI, which recently named the PackLite Max 2-in-1 Phone Charger as the best lantern for backpacking (https://luminaid.com/best-backpacking-lantern), LuminAID saw the retailer as an ideal launch partner for its latest innovation. REI members are some of the most avid and experienced outdoors enthusiasts, and LuminAID is thrilled to put the PackLite Titan 2-in-1 Phone Charger in their hands first.

The LuminAID team is eager to release the PackLite Titan 2-in-1 Phone Charger, the company’s most efficient charger yet. “LuminAID is always looking to do bigger, better, and brighter things with our solar-powered designs,” co-founder Anna Stork said. “Based on feedback from our customers and humanitarian partners, we’ve shortened the solar charge time without sacrificing power.” The PackLite Titan 2-in-1 Phone Charger reflects this drive for progress by enhancing the technology that makes LuminAID unique in the solar industry.

The PackLite Titan 2-in-1 Phone Charger follows both the PackLite Max 2-in-1 Phone Charger and the PackLite Hero 2-in-1 Supercharger, becoming LuminAID’s latest solar lantern with integrated phone charging capabilities. This product retains the aspects of the PackLite Hero that made it so impressive, including its brightness and unparalleled run time. However, the PackLite Titan 2-in-1 Phone Charger excels even further by charging faster than ever before, allowing users to continue their adventures with less wait time. Owners of a PackLite Titan 2-in-1 Phone Charger can:

  • Fully charge the lantern in just 16 hours via a highly efficient solar panel, which reduces charge times by ten hours due to a 70% increase in surface area
  • Inflate the lantern completely with an intuitive twisting motion
  • Plug in their cell phones or other USB-compatible devices for 2 to 3 full charges

About LuminAID
LuminAID is the world’s first creator of pack-flat solar lanterns and phone chargers. Durable, waterproof, and tested for extreme conditions, LuminAID lanterns are designed for camping, backpacking, kayaking, emergency prep, backyards, pools, and anywhere light is useful. LuminAID seeks to share safe light for those in need around the world. Through the Give Light, Get Light program, more than 50,000 solar lanterns and chargers have gone to families in need in more than 100 countries around the world.

 

SOURCE LuminAID