Intel: Focus on diversity globally – sport watch at the end of 2016

Intel (INTC) will focus more on diversity issues globally and to use conflict-free materials in its processors. The company CEO Brian Krzanick announced the targets during his keynote presentation at CES2016 in Las Vegas today.

– When Intel started its work to address conflict minerals and gaps in diversity and inclusion, we were told by many people that our goals were unrealistic and would be impossible to achieve,” Krzanich said. – Our collective efforts show that we can influence entirely new and different ways of doing business that also improve the human experience, he stressed.

The company also announced several interesting co-operations projects with leading industry brands that will use technology and data analytics to benefit people’s overall health, fitness and athletic performance. Intel announced plans to work with ESPN* and Red Bull Media House* to design Intel-powered solutions that empower athletes and bring amazing viewing experiences to life, and joint efforts with Oakley* to personalize and advance the tools people use to be more active.

– Oakley is the first Luxottica Group brand that Intel is working with to fuse premium, luxury and sports eyewear with smart technology. Engineered with Intel Innovation and crafted with Oakley’s high-quality design and materials, the smart eyewear is designed to provide runners, cyclists and workout enthusiasts with in-the-moment feedback and analytics, helping to track progress and improve real-time performance, according to the press release.

Announcements includes also the strategic partnership with New Balance running shoes, tailored with 3D and disclosed plans to develop a smart sport watch available for the 2016 holiday season.

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The future of auto at CES2016

PrintWhen I wrote about the same topic last year, I did not quess that so much would be happening in the auto industry. During the year for example the emission scandal in Volkswagen has been in the headlines, but also the self-driving and electric vehicles have been the main topics.

Maybe one of the reasons for this is, that automobiles are becoming more like mobile devices,

as Volkswagen´s (VW) keynote speaker Dr. Herbert Diess, member of the Board of Management of Volkswagen AG,  very good put it in his presentation in Las Vegas today.

The word largest consumer electronics fairs CES will gather around 150.000- 170.000 attendees during the show in Las Vegas this week. Also this has changed to be one of the main events for automakers as digital services and internet of things will change the driving totally.  There are more than 115 automotive tech companies in the exhibition, up 25 percent from a year earlier.

According to Consumer Technology Association internet of things will drive consumer tech industry to 287 billion dollars in revenues in the US.

One of the interesting things in the Volkswagen presentation was the future of automated driving. They have reinvented the Budd-e, now electric car, with direct connections to your home, kitchen devices and for example the doorbell. The company is also embedding environmental technology inside the car. Volkswagen´s partner in the home devices is LG. This long-distance, future zero-emission car will be ready for consumers at the end of decade.

– The world premiere of the BUDD-e shows the next step towards the mobility of the future. Its newly developed electric drive enables a driving range of up to 533 kilometers (NEDC) / 233 Miles (EPA estimated real-world driving range). One of its highlights is the charging cycle. It is possible to charge the battery to 80 percent of its capacity within just around 30 minutes, the company said in the press release.

During his presentation Dr. Diess told the audience several times, that the company is truly sorry and apologize the scandal. – We are working night and day in order to fix the 11 million cars, of which 8,5 in Europe, he continued.

The company also launched a new electric Golf-car, with more intelligence and voice commands inside the car. The selling will start later this year and one feature is that there is no buttons in the panel.

The company share price has fallen by 42,11 percent from June 2015 due to the emission scandal in the US and Europe.

Business Tech

Swatch and Visa to make contacless pay

Swatch SA and Visa have signed an agreement related to contacless payments. This new pay-by-the-wrist watch, Swatch Bellamy will be launched in early 2016.

According to the companies this service can be used globally where Visa payments are accepted.

– It‘s also true that “bel ami” means “good friend” in French, and the new BELLAMY watch will doubtless become a good friend to its wearer. Contactless NFC technology uses high-frequency radio waves to enable electronic devices to communicate over short distances, usually less than 10 cm.Pay-by-the-wrist transactions require absolutely no energy at all from the watch itself, meaning customers can expect the usual battery life of a Swatch, the company stated in the press release.

kuva (22) @ComteamPUB+

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Tesla on track with Model S deliveries – new CFO from Google

The Californian electric car manufacturer Tesla (TSLA) announced yesterday evening its third quarter results. According to the press release, the deliveries of the sport utility vehicle (SUV) Tesla S-model is on track and the company said it will reach the year targets this year. Tesla said it has delivered a record of 11.603 new cars during the quarter and expect the shippings to be 17.000 – 19.000 vehicles during the last quarter.

Tesla said also that the orders related to the new luxury crossover Model X have been accelerated during the period. The shippings are expected to happen during the next year in Europe. Third quarter revenue were 936 million dollars, compared to 954 million dollars during the previous quarter. Gross margin was 25,1 percent. Loss before income tax was 228 million dollars compared to loss of 188 dollars during the previous quarter. The loss per share was 1,78 dollars.

The company also said it has updated about 40 000 cars with its new autopilot programm. It helps drivers to avoid risks related to front and side collisions and keep the car on the road. On the other hand Tesla is also thinking ways how to enhance the safety issues among drivers when using autopilot.

Company also announced a new CFO, Jason Wheeler, who will start his job during November. He is former executive in the Google´s Finance division.

During the conference call, an analyst from Morgan Stanley, asked about Tesla´s long term strategy related to ondemand autoplatform. The idea of this, if Tesla is seeking also new cash generated income models through sharing economies, like Tesla´s own on-demand autoplatform. CEO Elon Musk did not close any comment on that.

Tesla (TSLA) shares closed down 2,5 percent to 208,35 dollars, but after hour trading the share was up nearly 9 percent.

Business Tech

Nokia: Alcatel-Lucent merger is now closer – operating profit little down

Nokia (NOKIA), today published its third quarter interim report. According to the press release, the company says the merge with the French Alcatel-Lucent is now closer and they have received all the regulatory approvals to proceed with the public exchange offer. It is estimated to happen during the first quarter next year.

Nokia reported a turnover with 3036 million euros in July-September, declining 2 percent from the year earlier and increasing from the previous quarter. The operating profit was 475 million euros, up 4 percent from year earlier , but down 4 percent from the previous quarter. Earnings per share was 0,05 euros compared to 0,57 euros.

– I continue to believe that the acquisition of Alcatel-Lucent provides a very strong long-term value creation opportunity, the CEO Rajeev Suri said in the release.

The company also said it will raise the near term outlook. – The performance at Nokia Networks was the highlight of the quarter, and allowed us to raise our full-year outlook for that business, Suri said.

Nokia sold its HERE maps and location unit to German automakers Audi, BMW and Daimler in August 2015. According to Volkswagen (VOW:Xetra) press release yesterday, the company is expecting to close the deal during the next six months after the regulatory approvals. Audi´s share of the purchase price will be around 0,85 billion euros, according the release.

According to Nokia release today, HERE net sales amounted to 283 million euros in the third quarter 2015, compared to 236 million euros a year earlier. The operating profit was 20 million euros in the third quarter 2015, compared to an operating loss of 1 215 million euros in the third quarter 2014. On a non-IFRS basis and excluding the positive impact of stopping amortization and depreciation, HERE operating margin in the first nine months of 2015 was 10.1%, compared to 1.6% in the first nine months of 2014.

Nokia published also 7 billion euros program to optimize capital structure ahead of planned public exchange offer for Alcatel-Lucent securities. It also said that the 900 million euros synergies from the Alcatel-Lucent merge would be achieved in 2018, not in 2019 as earlier planned.

Business Tech

Gitex 2015 Tech fairs talk about innovation and internet of things

Technology fairs, Gitex 2015 in the Middle East is showing the best technology innovations in the areas of digital banking, 3D printing, robotics and autonumous vehicles. There are over 100 000 visitors from 150 countries. The visitors are mainly from the Middle East and Africa and they represent goverments, telecom, retailers and bankers.

The fairs are full of new technology boosters like the internet of things. Here in this video a SAP representative gives his greetings to the fairs:

Tech

Dutch Innovation in Wind Energy – new design and architecture planned in Rotterdam

The Dutch have combined sustainable innovations, energy efficiency and high-class design in a new architecture modell called ” the Dutch Windwheel”. This model consists of steel, glass and the building itself produces the energy needed. The new design has got inspirations from the London Eye.

The building hub is planned to be build in the port of Rotterdam, Holland and for example parts of the building are underwater. This new modell is designed by a consortium by BLOCK, DoepelStrijkers and Meysters. The building would include panorama restaurant, sky lobby, hotel, apartments and commercials. Some of the “rollcoaster or cabins” are embedded with smart walls that is touch-screen glass panels for different kind of data and information.

It is estimated that this building would be visited by 1,5 million people per year and the consortium believes that the building would be break-even in 10 years. The construction is about to start in 2018 and end between 2020 and 2022.

New Wind Engine Picture Holland

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