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Archivo del Autor: Belen De Leon

Microsoft Surface Pro 6 review: Racing ahead of last year's model – CNET

Microsoft’s Surface Pro 6 gets even faster, but be ready to pay for must-have extras.
Source: CNET

Syncron, a SaaS to help manufacturers move to a service model, raises $67M

Syncron, a Stockholm-headquartered company that offers a SaaS to help equipment and other product manufacturers move to a service model, has raised $67 million, its first ever funding round despite being over 15 years old. Leading the round is growth equity firm Summit Partners, while a source close to Syncron pegs the post-money valuation at $175 million.

Tapping into the growing “servitization” trend — that is, offering a product as a service or a subscription — Syncron’s SaaS grew out of the company’s original consultancy offering and is designed to solve issues around post-sales support offered by equipment manufacturers targeting various heavy industry.

For example, when heavy equipment breaks down –- think tractors, bulldozers and dump trucks -– it can stall a multimillion-dollar project. To help mitigate this, Syncron uses AI to enable equipment manufacturers to predict when machine parts will fail and need to be replaced — a shift from the traditional “when it breaks, then I’ll fix it” model.

“There is currently a gap between customers’ increasing demand for maximized product uptime and manufacturers’ ability to deliver it,” explains Syncron CEO Anders Gruden in an email. “For decades, manufacturers have been focused on repair execution (repairing a product after it has already broken down), but today’s customers want products that work all the time.

“As consumers, we are all familiar with subscription-based businesses like Netflix, Spotify and more. This shift -– where customers pay for access and output as opposed for a product itself -– is known as servitization. This mindset has carried over into manufacturing and means products need to be up and running and accessible at all times”.

Specifically, Syncron’s tech reads IoT sensor data on equipment and parts to analyse their lifetime and suggest replacement, inventory restocking, and price for replacement parts. In other words, Syncron makes IoT data actionable.

“Manufacturers are turning to Syncron to help in the shift to servitization, which requires maximized product uptime,” explains Gruden. “As more products are equipped with smart sensors, it is more important than ever to shift from a reactive, break-fix service model to one focused on maximizing product uptime, or preemptively repairing equipment before it ever fails. The best way to achieve this is to leverage sensor-based IoT data to ensure parts are pre-emptively replaced before they fail – and this is where Syncron and our solutions come in”.

The strategy appears to be working, too, given today’s growth funding and the list of companies as customers Syncron boasts, which span various manufacturers that make heavy machines and equipment, everything from industrial and agricultural equipment to mining and construction, automotive, aerospace, energy and utilities, and more. They include ABB, Atlas Copco, BAE, Brother, CLAAS, Electrolux, Hitachi, JCB, Manitowoc, Mazda, Motor Coach Industries, Perkins, Renault, Siemens, and Terex.


Source: TechCrunch

Google's CEO says it may never launch that censored search engine it made for China – CNET

Sundar Pichai, in his first public acknowledgement of Project Dragonfly, says the effort was an internal project to find out what was possible for Google in China.
Source: CNET

HBO's Watchmen first look teases mysterious man in yellow – CNET

Who is he?
Source: CNET

Google says it won't work with Defense Department on developing AI weapons video – CNET

Sundar Pichai says the project may conflict with Google’s principles for ethical use of AI.
Source: CNET

Google’s CEO Says Tests of Censored Chinese Search Engine Turned Out Great

At WIRED’s 25th anniversary festival, Google CEO Sundar Pichai said the company would be able to serve more than 99 percent of queries.
Source: Wired

Twitter CEO Jack Dorsey wants to fix 'filter bubbles' on the social network – CNET

It’s not the algorithmic timeline that Dorsey thinks is to blame.
Source: CNET

Google says China is important to explore — even if it means censorship video – CNET

Sundar Pichai acknowledges Project Dragonfly, but it may never launch.
Source: CNET

Jack Dorsey Has Problems With Twitter, Too

If you have issues with Twitter, you are in good company. Jack Dorsey does too.
Source: Wired

Life-Saving Deliveries Will Get Drones Flying the Skies

It’s a lot easier for regulators to understand the need for new frameworks that allow innovations like drones, when every flight could potentially save a life.
Source: Wired

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