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MELBOURNE, Australia -Thursday 22 October 2020 [ AETOS Wire ]

    Hockley Pattern to assist commercialisation of Titomic Kinetic Fusion® Tooling in UK and Europe.
    Hockley Pattern to demonstrate additively manufactured parts & tooling for aerospace, nuclear, and defence.
    $200.8B global tooling market projected to reach $368.5B by 2026 (CAGR of 8%)1

(BUSINESS WIRE)-- Industrial scale additive manufacturing company Titomic (ASX: TTT) has agreed to supply Titomic Kinetic Fusion® (TKF) additively manufactured tooling to Hockley Pattern & Tool, a UK-based tooling company. The commercial unison will form a foundation for future opportunities, as the companies work collaboratively to deliver TKF’s advantages to Hockley Pattern customers.

Manufacturers experience extreme demand for tooling required to create carbon fibre parts, with orderbooks filled years in advance with current su ... Read more »

SOUTHFIELD, Mich.-Thursday 22 October 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Power management company Eaton today announced its Vehicle Group is implementing a new 3D metal printing program as a part of its Industry 4.0 strategy to reduce development time and improve efficiency. The first metal printer system was installed at the Kings Mountain, N.C., facility, and a global deployment of 3D polymer printing technology is slated to be completed by first-quarter 2021.

The 3D printers are being utilized to create high-quality fixtures, safety devices, automation grippers for assembly and handling, and maintenance components requiring replacement. Prototype development is following the same strategy to support faster product development trials and improve efficiency.

Improving output and efficiency

To speed up the design process, scanners are used to create 3D models of existing components. This process allows components to be reverse-engineered to better ... Read more »

 Procurement and IT executives for Brazil’s largest pharmaceutical company drive switch to third-party support to reduce SAP’s high maintenance costs and redirect savings to innovation

LAS VEGAS & SÃO PAULO-Thursday 22 October 2020 [ AETOS Wire ]

(BUSINESS WIRE) -- Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced that Hypera Pharma, Brazil’s largest pharmaceutical company, has switched from SAP to Rimini Street Support for its highly customized SAP ECC 6.0 applications, Microsoft SQL Server Database and SAP BusinessObjects software. The company also switched from SAP’s Solution Manager to Rimini Street Watch for SAP, ensuring seamless monitoring for its SAP systems. By switching to Rimini Street Support, Hypera Pharma was able to leverage its significant support savi ... Read more »

 Former HSBC Vice President joins Taulia

SAN FRANCISCO-Thursday 22 October 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Taulia, the leader in working capital technology solutions, has today announced the appointment of Andy Lee as Director, Supply Chain Finance. Based in New York, Lee will be responsible for expanding Taulia's funding partners, building strategic relationships and supporting product development in North America.

“The natural next step for our growing team was to bring someone onboard with deep experience within the banking sector and superior knowledge of the fintech space. Andy will enable us to develop the right financial partnerships so that we can continue to offer a disruptive and valuable service to our customers,” says Alexander Mutter, Managing Director of Capital Markets, Taulia.

“In these unprecedented times, supply chain finance has been a key source of working capital for businesses large ... Read more »

NEW YORK-Thursday 22 October 2020 [ AETOS Wire ]

(BUSINESS WIRE) -- The Goldman Sachs Merchant Banking Division (“GS MBD”) today announced that it has partnered with a seasoned management team, led by long-time data center industry executive Scott Peterson, to form Global Compute Infrastructure LP (“Global Compute” or the “Company”), a newly established global data center infrastructure platform.

GS MBD has initially committed to fund up to $500 million of equity capital, primarily from its infrastructure fund, West Street Infrastructure Partners III, LP (“WSIP III”), to enable approximately $1.5 billion in near-term investments deployed across North America, Europe, Asia Pacific and Latin America. Global Compute intends to grow through a combination of acquisitions and organic development to serve customers in geographies with strong secular tailwinds and potential for significant data infrastructure growth. Leveraging ... Read more »

EXTON, Pa.-Thursday 22 October 2020 [ AETOS Wire ]

(BUSINESS WIRE) -- Bentley Systems, Incorporated, (Nasdaq: BSY), the infrastructure engineering software company, has announced the winners of the Year in Infrastructure 2020 Awards. The annual awards program honors the extraordinary work of Bentley users advancing design, construction, and operations of infrastructure throughout the world.

Sixteen independent jury panels selected the 57 finalists from over 400 nominations submitted by more than 330 organizations from more than 60 countries.

Bentley Systems acknowledged 19 Year in Infrastructure 2020 Awards winners and 14 Special Recognition awardees on October 21 during the Year in Infrastructure 2020 Conference, held virtually for the first time. To see the Year in Infrastructure 2020 Awards finalists present their projects, click here.

The Year in Infrastructure 2020 Special Recognition awardees are:

Advancing Project and Asset Longevity
... Read more »