Schneider Electric to acquire SolveIT Software
Schneider Electric has announced it has entered into an agreement to acquire SolveIT Software, a scientific software provider that specialises in supply and demand chain optimisation and predictive modelling.
Schneider says the acquisition complements its solutions offering in the operations management space by providing the forecasting, optimisation and modelling capability on top of its production analytics tools in the mining, minerals, metals and general manufacturing sectors. The combined platform will enable customers to deliver more from their existing assets and maximise profitability per unit output, Schneider says.
Industrial electricity costs could halve by sharing infrastructure
Heavy industry could reduce electricity costs by up to 50% by sharing renewable infrastructure...
ARC awards $82.5m for new research hubs and training centres
$82.5 million has been awarded in Australian Government funding to 17 new research hubs and...
ARENA opens Round 3 of Solar Sunshot with $250m available
ARENA is seeking local and global solar innovators for the latest $250 million solar...
