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Aimo Park leaps to the cloud with TietoEVRY

TietoEVRY and Aimo Park, the leading parking company in the Nordics, have entered into a strategic partnership to accelerate Aimo Park’s digital transformation and embrace of cloud technologies. The new collaboration will fuel development of innovative parking and mobility solutions by increasing automation and utilizing a variety of cloud services where TietoEVRY is leading the integration process.

In March 2019, Japan-based Sumitomo Corporation acquired Q-Park in Sweden, Norway and Finland. As a result, Q-Park has become Aimo Park and the company is now embarking on a digital transformation. Now, Aimo Park has chosen TietoEVRY as a strategic IT partner to support in its cloud journey and to create a whole new and scalable IT landscape.

2020 06 05 111601The new landscape consists of several cloud solutions from a variety of providers that cover systems such as Enterprise Resource Planning (ERP), Customer Relation Management (CRM) and Content Management (CMS). These solutions will enable faster time to market, more agile development of services and an improved end-user experience. Aimo Park will also be able to achieve better cost predictability and management with one single service provider to orchestrate its IT landscape.

“We sought a stable and reliable IT partner with broad expertise, adaptability and strong Nordic presence. We are glad to partner with TietoEVRY in this important phase to build a best in class cloud-based IT architecture. They will help us to get at the forefront of digitalization quickly and to utilize the best cloud services for our organization’s needs. Innovative and digital capabilities are imperative for us to “Rethink parking” and deliver the best possible services to our customers. We strive to offer a new type of space and experience – not just a place for parking a car,” says Peder Ståhlberg, CEO Aimo Park, Nordics.

“We are delighted to partner with Aimo Park and guide them in their digital transformation. TietoEVRY will not only implement external cloud services but also implement our own cloud services to connect all systems and enable a full overview of their IT infrastructure. Our delivery to Aimo Park will provide the increased stability and agility the company seeks as it develops the mobility and smart city services of the future,” says Claes Karlsson, Head of Retail and Consumer Services, TietoEVRY.

For more information, please contact:

Peder Ståhlberg, CEO Aimo Park, peder.stahlberg@aimopark.se, +46 (0)8 7221589

Claes Karlsson, Head of Retail and Consumer services, TietoEVRY, claes.karlsson@tietoevry.com

Aimo Park is today Nordic’s largest parking operator with around 370,000 parking spaces distributed across 6,000+ parking facilities around the countries Sweden, Norway and Finland. In 2019, the company had >650 employees and had a turnover of almost 228 million EUR.

Sumitomo Corporation has a century-long history of long-term, successful investments and partnerships. In 2018, for example, behind the introduction of Aimo in Stockholm - Sweden's first free-flowing electric car sharing service. And from August 2019 also scooters are being tested. The acquisition of Aimo Park further reinforces the strategy to invest in companies and initiatives in mobility with the aim of facilitating everyday life.

TietoEVRY creates digital advantage for businesses and society. We are a leading digital services and software company with local presence and global capabilities. Our Nordic values and heritage steer our success.

Headquartered in Finland, TietoEVRY employs around 24 000 experts globally. The company serves thousands of enterprise and public sector customers in more than 90 countries. TietoEVRY’s annual turnover is approximately EUR 3 billion and its shares are listed on the NASDAQ in Helsinki and Stockholm as well as on the Oslo Børs. www.tietoevry.com

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US technology industry sees a drop of 29.7% in deal activity in April 2020

The US technology industry saw a drop of 29.7% in overall deal activity during April 2020, when compared with the last 12-month average, according to GlobalData’s deals database.

A total of 436 deals worth $4.52bn were announced in April 2020, compared to the 12-month average of 620 deals.

2017 04 20 114457Venture financing was the leading category in the month in terms of volume with 296 deals which accounted for 67.9% of all deals.

In second place was M&A with 116 deals, followed by private equity with 24 transactions, respectively accounting for 26.6% and 5.5% of overall deal activity in the country’s technology industry during the month.

In terms of value of deals, private equity was the leading deal category in the US technology industry with total deals worth $3.77bn, while M&A and venture financing deals totalled $608.37m and $150.22m, respectively.

US technology industry deals in April 2020: Top deals

The top five technology industry deals accounted for 22.3% of the overall value during April 2020.

The combined value of the top five technology deals stood at $1.01bn, against the overall value of $4.52bn recorded for the month.

The top five technology industry deals of April 2020 tracked by GlobalData were:

  • Altimeter Capital Management, Coatue Management, Franklin Resources, Index Ventures and Sequoia Capital Operations’ $250m venture financing of Confluent
  • The $250m venture financing of Cohesity by Baillie Gifford &, Cisco Investments, DFJ Growth Management, Foundation Capital, Greenspring Associates, Hewlett Packard Enterprise, Sequoia Capital Operations, SoftBank Vision Fund 1, Sozo Ventures and Wing Venture Capital
  • M12 Ventures’ $215m venture financing of PsiQuantum
  • The $150m asset transaction with Intel by MaxLinear
  • Rapid7’s acquisition of DivvyCloud for $145m.

This analysis considers only announced and completed deals from the GlobalData financial deals database and exclude all terminated and rumored deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage. 

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources. 

About GlobalData 

4,000 of the world’s largest companies, including over 70% of FTSE 100 and 60% of Fortune 100 companies, make more timely and better business decisions thanks to GlobalData’s unique data, expert analysis, and innovative solutions, all in one platform. GlobalData’s mission is to help our clients decode the future to be more successful and innovative across a range of industries, including the healthcare, consumer, retail, technology, energy, financial and professional services sectors.

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The NovusBloc welded plate heat exchanger – Introducing an innovative design for welded plate heat exchangers.

Available for global energy intensive markets the NovusBloc™ welded plate heat exchanger encompasses a Tranter premium design concept offering a boost in heat exchange performance and durability for these processes in comparison to substitutable products.

With a patented novel plate design the NovusBloc provides state of the art weld quality and enhanced resistance against cyclic pressure and temperature process conditions while also minimizing unnecessary additional pressure loss. Moreover, the design has an innovative design of the wetted linings that protect non-wetted components from the process fluid which enhances the mechanical durability as the design enables mechanical stress reduction and uniform stress contours in the weld seams.

The product belongs to the category of all-welded plate heat exchanger and thus has no gaskets for fluid separation which eliminates fluid compatibility issues for aggressive fluids. The NovusBloc is able to withstand tough operating conditions in both single-phase and two-phase flow applications with performance verified by R&D through heat transfer, plus both pressure- and temperature fatigue qualification testing.

The NovusBloc welded plate heat exchanger – Introducing an innovative design for welded plate heat exchangers.The NovusBloc welded plate heat exchanger – Introducing an innovative design for welded plate heat exchangers.

Furthermore, the NovusBloc offers outstanding potential for reduced unit size, weight and footprint and comes in four different model sizes depending on the users’ heat transfer duty requirements. Each model can be pressed in many different materials to cope with corrosion aggressive environments.

In terms of maintenance, The NovusBloc is fully accessible for mechanical cleaning and visual inspection thus making it fulfill buyer choice-criteria for applications with high fouling tendency where clean-ability is a must. 

”It’s truly exciting to get this product into the Tranter product range as it gives us a real differential advantage towards some key buyer choice-criteria” says Stefan Gavelin, Director of Global Sales Enablement.

Tranter is a global manufacturer of gasketed and welded plate heat exchangers and an aftermarket service provider for the plate heat exchanger industry. Significant manufacturing, research, design engineering and product development activities are based in the USA, Brazil, Sweden, China and India and enable responsiveness to local demands. Tranter is represented globally by a network of our own sales companies, licensees and agents. www.tranter.com

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Endress+Hauser launches Asset Health Monitoring Solution

SRP700, system ready package, is a solution offering based on the FieldCare device configuration application and combined with new Health Monitoring Application software.

Endress+Hauser launches its Asset Health Monitoring Solution, a pre-engineered software-based solution for Rockwell Automation systems and tailored for various industries. The solution accesses field instrumentation diagnostics and presents it in easily readable format to plant personnel, improving transparency, reducing maintenance costs and increasing plant availability.

The SRP700 runs on traditional hardware or in a virtual machine environment and is comprised of a central monitor and gateway, a standard client for device configuration management as well as a mobile client, and the field-proven Field Xpert SMT70 IP65/Class 1 Div 2 industrial tablet. It is used to access and acquire data from a variety of field devices, primarily analyzers and instruments. A KPI Dashboard (optional) presents diagnostics, history, statistics, and other information. in an easily readable format.

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Plant personnel can use the SRP700 to:

  • • Take actions on diagnostic data provided by devices
  • • Connect to devices for troubleshooting and configuration
  • • See actual and past diagnostic data with corrective measures related with time stamps
  • • Analyze historical device diagnostic data

The Rockwell Edition of Endress+Hauser’s Asset Health Monitoring solution leverages Rockwell Automation PAC and HART I/O infrastructure to directly monitor diagnostics from Endress+Hauser and 3rd party field process instruments for process technician users.

For more information visit https://eh.digital/3dNcIfL.

About Endress+Hauser in the U.S.

Endress+Hauser is a global leader in measurement instrumentation, services and solutions for industrial process engineering. Endress+Hauser provides sensors, instruments, systems and services for level, flow, pressure and temperature measurement as well as analytics and data acquisition. We work closely with the chemical, petrochemical, food & beverage, oil & gas, water & wastewater, power & energy, life science, primaries & metal, renewable energies, pulp & paper and shipbuilding industries. Endress+Hauser supports its customers in optimizing their processes in terms of reliability, safety, economic efficiency and environmental impact. The Group employs nearly 14,000 personnel worldwide and generated [net sales of] more than 2.6 billion euros (2.89 billion U.S. dollars) in 2019.

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Dinkle Releases Plug-In Easy-Test Terminal Blocks

New disconnect terminal blocks implement plug-in technology, safe design, and space savings with testing capabilities for use in CT and VT secondary circuits.

Dinkle International announces the availability of its DPT DIN rail disconnect terminal blocks to provide efficient, safe disconnect and testing of current transformer (CT) and voltage transformer (VT) circuits.

CTs and VTs isolate a primary power feed from a secondary circuit, permit grounding of the secondary circuit, and step-down the current or voltage to an appropriate level for measurement. Terminal blocks are then used as the termination points for instrument loops on the secondary circuit.

Panel builders have traditionally incorporated barrier-type terminal blocks in CT circuits—but these are challenging to access, require proper tools, and take time for backplane mounting and screw-down wire terminations. Additionally, there is always the danger of under-torqueing and loose wiring connections, or over-torqueing and stripped screw threads.

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Dinkle’s DPT DIN rail series terminal blocks address these issues by providing easier access, DIN rail mounting with no tools required, and push-in design to ensure secure wiring connection while reducing time and tools required for termination.

The DPTD6 model block also provides direct-testing technology, enabling a user to test the circuit current without undoing any wired connections. To perform direct-test for a single or three-phase circuit, the user switches a lever on the terminal block to disconnect a de-energized circuit. The user then places a current-measuring device across the block at its test points using either 4mm test probes or securely fastened 2.3mm test plugs. The DPTL6 model version is similar to the DPTD6 but without a disconnect lever for testing.

Both blocks are UL rated up to 30 amps at 600 VAC. The blocks are DIN rail mountable and measure 8mm in width by 103.2mm in height by 50-57.5mm in depth (depending on DIN rail depth), allowing for easier installation and space saving compared with traditional barrier-type terminal blocks.

These push-in style blocks accommodate wire sizes from AWG20 to AWG8, and also feature plug-in slots for bridges (jumpers), providing reliable continuity between any combination of blocks on the same DIN rail.  They are completely touch-safe—back of hand and finger protection—and operate at temperatures from -40°C (-40°F) to 120°C (248°F).

Users can employ these DPT series blocks to safely disconnect secondary circuits between measuring instruments and safety equipment in CT shorting and other applications. A safe disconnect can be achieved by placing the block in front of the measurement instrument.

Dinkle provides a complete product line of DIN rail terminal blocks to complement the DPT series, including but not limited to power distribution, sensor/actuator, diode embedded, and pluggable fuse blocks. Their products carry safety approvals including UL, CUL, CSA, VDE, and GB. The material used for manufacturing is compliant with RoHS and REACH environment standards set by EU. For more information, please visit Dinkle online at www.dinkle.com.

About Dinkle International

Founded in 1983, Dinkle is the largest terminal block manufacturer in Asia, with headquarters in Taipei and offices in over 40 countries. Since 1995, Dinkle products have been made at their Electrical R&D center and CNAS-certified laboratory in Kunshan, China. Dinkle’s products are used in industrial automation applications across many sectors including discrete part manufacturing, machinery, process plants and transportation. All Dinkle factories have received ISO 9001 and ISO 14001 certification.