Latest news with #Airflow
The Irish Sun
20-05-2025
- Automotive
- The Irish Sun
Car giant boss behind two ‘struggling' brands denies talks over ‘massive merger' with rival firm
THE boss of a huge carmaker behind two struggling brands has denied talks of a reported mega-merger with a rival firm. Advertisement 5 The head of Stellantis has denied merger rumours Credit: Reuters 5 Renault enjoyed a boost in sales across its brands last year Credit: Alamy 5 Both firms are moving towards making electric cars, like this Renault 5 E-Tech Credit: Getty Stellantis is the company behind brands such as Fiat and Peugot. The news comes as some of the firm's badges, including But Mr Elkann has dismissed increasing rumours of the company merging with fellow European brand Renault. Instead, he said: "We are not discussing any merger." Advertisement Read more Motors Mr Elkann was sat in a panel adjacent to It is the second time in a few months that the company has denied rumours of a merger with Renault. In October last year, then CEO of Stellantis, He did so while visiting a Renault hub in eastern France. Advertisement Most read in Motors Renault boss de Meo declined to comment on what he described as "rumours" at the same event. Mr Tavares has since resigned as Stellantis CEO in December last year. He is yet to be replaced. The Sun's Motors Editor Rob Gill takes the new electric Renault 5 for a spin The merger has been denied amid starkly contrasting economic backgrounds for the Advertisement Renault Group enjoyed boosts in sales for all three of its Renault rose 1.8 percent to 1,577,351 vehicles, Stellantis, by contrast, has encountered increasingly stuttering financial success. The company itself is the product of a merger between Advertisement In February, the company announced that its results for 2024 saw a 70% drop in net profit performance, and a 17% reduction in revenues year-on--year. This was in part due to 'temporary gaps in product offerings." Earlier this year, Chrysler announced that progress making the company's new flagship electric model, the Airflow, was This followed located in the middle of the desert, in Arizona, in a desperate bid to cut costs, last year. Advertisement Fiat and Abarth were also forced to This followed a 14% sales drop for Fiat last year compared to 2024. Then in the wake of US President Donald Trump's tariffs, Stellantis considered selling iconic brands Maserati sold just 11,300 cars worldwide in 2024, and saw its new electric sports model MC20 Folgore get cancelled following low demand. Advertisement Consequently, Stellantis then hired management consulting firm Stellanis told : "McKinsey has been asked to provide its considerations regarding the recently announced U.S. tariffs for Alfa Romeo is currently working on next-generation versions of However, Maserati cancelling its plans for electric cars perhaps points towards a more precarious position for the brand. Advertisement 5 The former Stellantis CEO Carlos Tavares also denied merger rumours while visiting a Renault plant last year Credit: Alamy 5 Stellantis is the firm behind Fiat cars Credit: stellantis /Fiat
Scottish Sun
20-05-2025
- Automotive
- Scottish Sun
Car giant boss behind two ‘struggling' brands denies talks over ‘massive merger' with rival firm
The firms own some of Europe's biggest car brands NO MERGE Car giant boss behind two 'struggling' brands denies talks over 'massive merger' with rival firm THE boss of a huge carmaker behind two struggling brands has denied talks of a reported mega-merger with a rival firm. John Elkann, the Chairman of car conglomerate Stellantis, has ruled out talks of a potential union with European competitor Renault Group. Advertisement 5 The head of Stellantis has denied merger rumours Credit: Reuters 5 Renault enjoyed a boost in sales across its brands last year Credit: Alamy 5 Both firms are moving towards making electric cars, like this Renault 5 E-Tech Credit: Getty Stellantis is the company behind brands such as Fiat and Peugot. The news comes as some of the firm's badges, including Chrysler, DS Automobiles and Abarth, are under-performing. But Mr Elkann has dismissed increasing rumours of the company merging with fellow European brand Renault. Instead, he said: "We are not discussing any merger." Advertisement Mr Elkann was sat in a panel adjacent to Luca De Meo, the chief executive officer (CEO) of Renault, at the FT Future of the Car Summit in London. It is the second time in a few months that the company has denied rumours of a merger with Renault. In October last year, then CEO of Stellantis, Carlos Tavares, dismissed suggestions the two firms would join forces as "pure speculation." He did so while visiting a Renault hub in eastern France. Advertisement Renault boss de Meo declined to comment on what he described as "rumours" at the same event. Mr Tavares has since resigned as Stellantis CEO in December last year. He is yet to be replaced. The Sun's Motors Editor Rob Gill takes the new electric Renault 5 for a spin The merger has been denied amid starkly contrasting economic backgrounds for the European car firms. Advertisement Renault Group enjoyed boosts in sales for all three of its brands last year. Renault rose 1.8 percent to 1,577,351 vehicles, Dacia increased 2.7 percent to 676,340 units, and Alpine climbed 5.9 percent to 4,585 units. Stellantis, by contrast, has encountered increasingly stuttering financial success. The company itself is the product of a merger between Fiat-Chrysler and France's PSA, the maker of Peugeot and Citroen, in 2021. Advertisement In February, the company announced that its results for 2024 saw a 70% drop in net profit performance, and a 17% reduction in revenues year-on--year. This was in part due to 'temporary gaps in product offerings." Earlier this year, Chrysler announced that progress making the company's new flagship electric model, the Airflow, was 'on hold until further notice.' This followed Sun Motors reporting that the brand was forced to sell off its massive test track located in the middle of the desert, in Arizona, in a desperate bid to cut costs, last year. Advertisement Fiat and Abarth were also forced to drop the prices of two key models, the Fiat 600e and Abarth 500e by £4,020 and £4,220 at the start of 2025. This followed a 14% sales drop for Fiat last year compared to 2024. Then in the wake of US President Donald Trump's tariffs, Stellantis considered selling iconic brands Maserati and Alpha Romeo. Maserati sold just 11,300 cars worldwide in 2024, and saw its new electric sports model MC20 Folgore get cancelled following low demand. Advertisement Consequently, Stellantis then hired management consulting firm McKinsey and Company to review the situation of the brands. Stellanis told Motor1: "McKinsey has been asked to provide its considerations regarding the recently announced U.S. tariffs for Alfa Romeo and Maserati." Alfa Romeo is currently working on next-generation versions of Stelvio and Giulia. However, Maserati cancelling its plans for electric cars perhaps points towards a more precarious position for the brand. Advertisement 5 The former Stellantis CEO Carlos Tavares also denied merger rumours while visiting a Renault plant last year Credit: Alamy
India.com
02-05-2025
- Business
- India.com
Sachin Dixit: A Visionary Engineering Leader Driving Innovation in AI, Fintech, Data Engineering and Enterprise Applications
A well-known leader in technology innovation, Sachin Dixit puts him in a place to use his skill in AI and Machine Learning for the transformation of the Fintech sector. He has close to two decades of work experience and majorly worked on AI, fintech, data engineering and enterprise application. Sachin combines high technical prowess with strategy accrued from the heart of innovation, San Francisco Bay Area. He is postgraduate from IIT-Kharagpur, Masters in Computer science, NPU and specialisation in Machine Learning from UC Santa Cruz which more significantly add both technically and with respect to precedent. During this time in his career, he has had integral responsibilities in implementing high-value solutions across leading organizations, such as Stripe Inc., Yahoo Inc., Oracle Corporation, and Fidelity Investments. Some of his award-winning achievements include best team player at Stripe, star employee at Yahoo, and spot awards across the other organizations. His professional ties with the Institution of Engineers (India) serve to signify his commitment towards technology and engineering. He is a member of the Emerging Leaders committee, involved in Oracle Applications and Technology User Group (OATUG). A Senior Member of the IEEE, he is on a number of committees, including Technical Community on Data Engineering, Technical Community on Cloud Computing, and Technical Community on Security and Privacy, and others. Sachin is a member of SigmaXI, an organization with a mission to promote excellence and meaningful advancements in the technology area. It, in effect, qualitatively confers free patent rights onto him in this domain. The patent specifies that the technique involves usage of AI technology in hoisting process performance from an AI and Enterprise perspective. Sachin records for Solutions Architecture at Stripe and specifically Venue Engineering for almost all projects that remain so contemporary with respect to financial systems. He has another major role in the redesigning of a financial data warehouse by bringing fragmented systems together, along the title – Lead Project Champion. He had driven the innovation project in the year 2023 using the latest technology stack with the awesome features offered by AWS, Airflow for workflow management, Spark, Scala, Python, and Golang with back S3 storage and querying all done by integrated custom batch-processing models for data engineering, as well as Kafka for real-time data solutions and personalized adapters for third-party applications and legacy systems. Security governance should be emphasized more with restricting access controls per limited access among several teams. An initiative was undertaken to create a common data warehousing system with the intention of achieving operational cost savings, process optimization, and capabilities for real-time reporting. It laid the foundation for collaborating on data while independently drawing insights of importance to all actors in the financial realm. It will serve to add further insight into business planning by CEOs, and its flexibility will never deter Stripe from growing with respect to stability or security. Sachin's quite the unsung value in the company, where every task he undertakes anchors the system, which then carries out in an utmost efficient way, saving millions while keeping that efficiency running with such high traffic. The program really is built on solid ground, and from here, everything else falls into place along trustworthy AI applications, predictive analytics, large-scale data processing, and auditing processes. So, Sachin keeps making Stripe leading in a fast-changing AI-Driven Fintech ecosystem. Well, Sachin keeps leading Stripe in a fast-evolving AI-driven fintech ecosystem. Among all the accolades and ranks he has earned during his corporate career, he has also managed to publish a few research articles in even more highly-sought-after academic arenas as evidenced from TechRxiv (IEEE), JISEM, and IJSRSET. The publication of the article 'AI Powered Risk Modeling in Quantum Finance: A New Paradigm for Enterprise Decisions Systems' in July 2022 has managed to raise eyebrows only with the title. The paper abstracts how very likely are the unimaginable fusion between artificial intelligence and quantum computing to modify the manner of financial risk modeling and enterprise decision-making occur. These ranges can vary from hybrid algorithms outperforming purely classical algorithms in precision, performance, and scalability to the applications such as financial model optimization or fraud detection. In every possible way, Sachin's leadership is beyond the technical achievements of his race. He creates an environment that holds bold ideas, mentoring engineers to link their work with business objectives, thereby incorporating security design ideals. His reach is global: judging tech competitions at Conrad and Globee Awards; speaking at ISMG events and IEEE conferences; sharing expertise through white papers on AI and security at such platforms as TechRxiv; member of Funds Grant committee at Sigma XI GIAR program, 'The more I learn, the more I share' adds an ever-expanding, crescent cycle of growth and innovation to a sustainable influence. With regard to his future, Sachin is considering agentive tools for AI, cloud-centered architecture, and process automation to augment engineering capabilities. He visualizes proactive real-time systems that would anticipate problems with AI to reduce cost-acquired overhead while enhancing performance. An innovator in his own domain, Sachin Dixit is a true man of past, present, and future with a tech lens so powerful that its view will change the future for AI and Fintech. In this way, his work will give visibility to a different kind of progress, while mentorship to today will provide a foundation for tomorrow's innovators. Disclaimer – consumer connect initiative
India.com
27-04-2025
- Business
- India.com
Innovation in Big Data Engineering: A Conversation with Bharath Thandalam Rajasekaran
Bharath Thandalam Rajasekaran (File) Bharath Thandalam Rajasekaran, a distinguished software engineer specializing in big data applications and cloud architecture, has established himself as a leader in the tech industry. With a Master's in Information Management from the University of Maryland and a unique combination of degrees in Information Technology and Psychology, Bharath brings a multifaceted perspective to solving complex data challenges. His expertise spans Hadoop ecosystems, cloud platforms, and data analytics, backed by prestigious certifications, including AWS Security Specialty and Solutions Architect. Q1: What made you enter and pursue a specialization in big data and cloud technologies? A: The sheer possibility of solving complex data challenges at an enormous scale drew me into big data and cloud technologies. I had worked with various data systems throughout my career and had the opportunity to witness some organizations struggling with managing and deriving value from massive datasets. The sheer thrill offered by being able to turn raw data into actionable insights and build scalable solutions capable of processing petabytes of information really lured me. Q2: Can you describe a special project that posed challenges to your approach to the problem? A: One of the tough ones was migrating a legacy data pipeline to a cloud environment. The challenge was scaling from a single-country operation to 15 countries in three months. The focus was not only on technical realization but also on ensuring that the architecture could stand up to a ten-fold increase in data volume and yet sustain performance. The project made me appreciate how important it is to design for scale from day 1. Q3: What are your processes in designing efficient data processing systems? A: I am methodical in my approach and start with thoroughly understanding the data flow and business requirements. For example, when building a scalable streaming application capable of ingesting large datasets, I focused on optimizing the complex processing logic as well as the supporting infrastructure components. A combination of EMR, Athena, and Airflow were used to help build systems capable of dealing with multi-petabyte data volumes efficiently while ensuring low-maintenance and cost. Q4: How does automation fit into your development process? A: Automation is really the most important quality and productivity factor in a big data system. I have also developed several CI/CD processes using Jenkins, Git, and Maven, which decreased build turnaround time by 25 percent. I also believe that besides deployment, to automate monitoring and alerting systems for example implementing Datadog alerting which reduced our mean time to resolution by 30 percent. Q5: How do you manage to be up to date with rapidly changing technologies? A: Learning never stops; it is in this field that I regularly do certifications-I have AWS and MAPR certifications-and actually engaging with emerging technologies. But more importantly, I'm a strong believer in applied learning. Each project turns out to be an opportunity to evaluate and experiment with new tools and methodologies that would improve our solutions. Q6: What advice would you give to budding data engineers? A: Build your basic foundation well to someday be able to learn and adapt to new technologies. Middleware by core distributed systems principles of data processing should not be forgotten. In addition, soft skills play an important role. Because of this, translate a technical concept to a non-technical audience. Q7: How do you think data systems can be made secure and trusted? A: Security and reliability should not be an add-on. Rather, they should percolate from the bottom. My AWS Security Specialty certification has helped a lot in putting stringent security measures across all levels of the architecture. Regular monitoring, automated testing, and data governance best practices are key characteristics of any system I build. Q8: What do you think the future will be for big data engineering? A: The future appears to be more connected, automated, and intelligent. We're also seeing a lot more development around cloud-native and serverless solutions. I think machine learning and AI will become crucial because they will have an increasing portion of the job when it comes to processing and analyzing data, making it important for data engineers to be aware of those technologies. Q9: What are you methods for forming and leading high-performance technical teams in your opinion? A: Building teams focuses on matching technical skills with a collaborative spirit. I cultivate an environment that encourages knowledge sharing and liberates people to innovate. While I have led many technical teams, from my experience, when expectations are clear and communicated, and regular feedback is given with enough context about the product or service under change, outcomes are smoother. I further emphasize documentation and knowledge transfer for sustainable team practices. Q10: What do you consider your most important professional achievement, and what did you learn from this? A: The other major achievement would be designing and implementing a scalable infrastructure platform to manage multi-petabyte data volumes for ingestion, aggregation, and analytics on Hadoop. What made this achievement so meaningful was not just the technical complexity of the challenge we solved, but also how it changed the organization's life in being able to glean insight out of its data. That project taught me many valuable lessons, such as, the importance of early-stage architectural decisions; the necessity of comprehensive error handling across distributed systems and a balancing act between performance and maintainability. Furthermore, it cemented my view that the best technical solutions are those that truly facilitate business success. About Bharath Thandalam Rajasekaran A seasoned software engineer with over a decade of experience, Bharath has effectively delivered innovative solutions in the world of big data and cloud computing. With multi-industry and technology exposure, his experience proves him as an expert in building scalable, efficient systems that solve complex data problems. Bharath's unique combination of education in technology and psychology enables him to look from a distinctive point of view while creating user-oriented technical solutions.
Yahoo
16-02-2025
- Automotive
- Yahoo
Leaked emails reveal disappointing setback for Chrysler — here's what they said, and what it means for the brand
When it rains, it pours. So it goes for struggling auto brand Chrysler, as its closely watched crossover electric vehicle suffered another setback, prompting concerns it will never hit the roads at all. Electrek detailed the disappointing development, which MoparInsiders first reported. In a leaked email, Chrysler told suppliers the "program has been put on hold until further notice." This isn't the first time the forthcoming EV has suddenly changed course, as Electrek documented. It was initially supposed to come out in 2025, though that launch date is now shifting. Chrysler's CEO said in 2023 that the vision for the EV was as a two-row crossover inspired by its Airflow concept, per Reuters. That shifted significantly when the brand unveiled its more ambitious Halcyon vision with scarce details, as Car and Driver reported. The International Energy Agency describes EVs as "the key technology to decarbonise road transport," also noting that road transport is responsible for over 15% of energy emissions worldwide. Added competition in the EV sector from brands such as Chrysler would benefit consumers too, as prices would become more competitive and encourage more people to replace vehicles that rely on dirty fuels. The latest setback for this Chrysler EV casts doubt on whether it will ever see the light of day. It's more bad news for parent brand Stellantis, which saw a 15% decline in U.S. sales year over year in 2024. Chrysler currently sells only two vehicles, both of which are minivans: the Pacifica and the Pacifica Hybrid, the latter of which averages a solid 82 miles per gallon equivalent in electric/hybrid mode and 30 mpg in gas/hybrid mode. The company also sells the Chrysler Voyager van as a fleet vehicle. It's concerning that its promises of being an all-EV portfolio by 2028 don't seem to be anywhere near fruition. Still, Chrysler CEO Christine Feuell told CNBC, "The brand is not on the table for elimination, and it has a very bright future." The future appears murky for the brand in the U.S. Stellantis isn't standing pat in the EV space, though. It's exploring a patent that could radically speed up EV charge times, and Chrysler made its own investment in new-age lithium-sulfur batteries. Finally, the much-hyped Dodge and Jeep EVs are also hitting U.S. dealerships, as Electrek pointed out. While drivers patiently wait for Chrysler's next move, there are many exciting developments in the fully electric space. The Honda Prologue has been a surprise hit with drivers and trails just two Tesla models in the U.S. market. If you were going to purchase an EV, which of these factors would be most important to you? Cost Battery range Power and speed The way it looks Click your choice to see results and speak your mind. Along those lines, Tesla's refreshed Model Y Juniper is coming to the U.S. soon with new features. The Hyundai Ioniq 5 is another popular vehicle to watch, with a new version coming out soon. All of these EVs can help drivers save on fuel and maintenance while reducing their individual tailpipe pollution. Chrysler, meanwhile, confirmed in a follow-up to Car and Driver that a "production version of the Chrysler Halcyon concept" is in the works. With the only timing disclosed as "some point in the future," it sure seems potential drivers should explore an alternative for now. Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.
