Latest news with #Manufacturing
Forbes
19 hours ago
- Automotive
- Forbes
How AI Is Driving Innovation In The Automotive Industry
Rajnish Nath, President of Manufacturing, Automotive, Aerospace & Defense and Life Sciences at Capgemini Americas. For years, pop culture and various media have envisioned our cars of the future. From the DeLorean of the "Back to the Future" franchise to The Jetsons' aerocar, these portrayals have offered a window into how revolutionary automotive technology could reshape the way we travel, live and interact with vehicles in the future. Today, flying cars are being designed by a variety of start-ups, helping to push the boundaries of mobility. Each day, we move closer to fully autonomous, incredibly intelligent and connected vehicles. AI is fundamentally changing the automotive sector, from product design, supply chain and manufacturing, safety and logistics, all the way down to the in-cabin experience. It seems like there is virtually no limit to AI and other transformative technologies' ability to drive innovation. AI's Role In The Supply Chain Although the current geopolitical uncertainties, supply chain disruptions and economic pressures have the automotive industry scrambling to adapt quickly and efficiently, I believe there is an exciting opportunity for organizations to rethink their factories and supply chains of the future. In today's political headwinds, every organization must ensure the longevity and resilience of its business in the market, with 62% of organizations acknowledging the importance of establishing domestic manufacturing and supply chain infrastructure to strengthen local capacity. Arguably, one of AI's most important roles is its potential to revolutionize supply chain operations. AI-powered technologies can provide companies with the power to better map their supply chains, detect changes in supply and demand, and recommend proactive measures to mitigate disruptions earlier. For example, AI technology is already helping automotive OEMs adjust their strategies to improve part supply by understanding multiple market signals to continuously monitor the risk of parts shortages to keep plant lines running. Early guidance can enable alternate sourcing and reduce or eliminate reactive approaches. Hand in hand with other advanced technologies such as agentic AI, machine learning (ML) and large language models (LLMs), AI-powered technologies are helping companies mitigate supply chain risk to continue manufacturing despite market shifts. Additionally, the rise of hybrids and electric vehicles (EVs) has added complexity to the automotive supply chain, accounting for a record 20% of US vehicle sales in 2024. Beyond working together to improve planning, forecasting and decision making, these tools will be crucial in supporting the manufacturing of complex vehicles and their software-rich components to keep up with the ever-changing customer demand. While AI will be key in building proactive resilience and risk management in the automotive supply chain and manufacturing, we're also seeing how AI-powered innovations are powering the vehicles of our future. AI-Powered Innovations In Modern Vehicles Nearly every major automaker around the world utilizes advanced driver assistance systems (ADAS) in some form. With the global ADAS market projected to grow from $72.7 billion in 2025 to $260.5 billion by 2035, it's clear that industry leaders see this technology as essential for enhancing vehicle safety, boosting sales and driving new revenue streams through connected services. AI plays a central role in the evolution of ADAS. Its ability to process vast amounts of data, interpret complex environments and support real-time decision-making brings us closer to fully autonomous vehicles. Currently, 26% of automotive organizations are using generative AI to accelerate autonomous vehicle development. Looking ahead, we can expect to see even greater use of neural networks, proprietary algorithms and agent-based AI in engineering software-defined vehicles. These technologies aim to achieve faster time to market, greater reliability and safety, and improved customer satisfaction—all while keeping human engineers at the wheel. AI is also transforming the in-cabin experience by making it safer and more personalized. Features like voice-activated controls as well as tailored recommendations for food, fuel and eco-friendly routes are already enhancing daily driving. Now, we're seeing next-level personalization with innovations such as interior lighting designed to reduce motion sickness and holographic dashboards, turning cars into immersive, personalized living spaces. Beyond the driving experience, AI is also streamlining post-sale operations. It's helping manufacturers and suppliers close the warranty feedback loop more quickly by identifying product issues through both customer reports and vehicle telematics. This accelerates root cause analysis and improves product design. In service environments, AI tools are helping technicians improve repair accuracy by analyzing shared images, videos and sounds of vehicle issues. Soon, AI agents will be capable of providing real-time guidance on warranty coverage simply by reviewing a media file and responding to technician queries, driving faster, more accurate and more transparent vehicle servicing. The Road Ahead Over the next decade, AI is poised to play a transformative role in the automotive industry, reshaping vehicle development, enhancing driving experiences and influencing urban mobility. As software becomes increasingly central to vehicle functionality, the shift toward software-defined vehicles will accelerate, gradually moving away from traditional engineering paradigms. While fully autonomous vehicles may not yet dominate the roads, we can expect more widespread integration of ADAS, contributing to incremental safety and performance improvements. In-car experiences are also likely to become more adaptive, with AI personalizing settings and preferences to individual drivers. This period of technological transition brings both uncertainty and opportunity. AI holds promise for strengthening supply chain resilience, offering predictive capabilities that could help automakers navigate disruptions with greater agility. At the same time, its role in connecting vehicles to smart city infrastructure opens new possibilities for traffic optimization and urban mobility services, such as autonomous ride-hailing and shared transport. In today's automotive landscape, AI is not just a tool; it's becoming a foundational enabler of innovation. From engineering and manufacturing to the user experience, AI is helping to redefine what vehicles can be, setting new benchmarks for safety, customization and customer expectations. Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?
Malaysian Reserve
6 days ago
- Business
- Malaysian Reserve
ZEISS Group Appoints Martin Fischer as President and CEO of ZEISS Greater China
SHANGHAI, July 17, 2025 /PRNewswire/ — ZEISS Group recently announced that Martin Fischer will officially take on the role of President and CEO of ZEISS Greater China, effective from October 1, 2025, reporting directly to Andreas Pecher, President and CEO of the ZEISS Group. Martin Fischer succeeds Maximilian Foerst, who joined the Executive Board of the ZEISS Group as the President and CEO of Carl Zeiss Meditec AG on June 1, 2025. ZEISS Greater China manages all business activities in China's mainland, Hong Kong SAR, and Taiwan Region. 'ZEISS's commitment to Greater China remains strong. China is ZEISS's largest market and is an important cornerstone in its global footprint. I am very pleased that Martin Fischer has agreed to take on this important position,' says Andreas Pecher. 'Martin is a very experienced leader, who is already quite familiar with ZEISS and our customers. This will ensure a smooth transition as we continue our Greater China strategy that started under Maximilian Foerst's leadership.' Martin Fischer joined ZEISS in 2006 and has held positions at various business segments including Semiconductor Manufacturing Technology (SMT), Industrial Quality Solutions (IQS), and Research Microscopy Solutions (RMS). Since 2022, he has been Global Head of Sales, Service & Marketing for RMS. In this position, he has expanded the commercial organization to include marketing and customer experience. He also set up and led various strategically important programs. These have enabled the RMS team to successfully sell agnostic software and enter the future growth markets of biotech & pharma as well as electronics/semiconductors. In addition, he has made important contributions to regional growth projects in the US and APAC, and to the strategic programs for the ZEISS Group. 'I am very honored to be appointed as President and CEO of ZEISS Greater China. Maximilian successfully led all the business segments in the region for the past 16 years, laying a solid foundation for future development,' said Martin Fischer. 'I am excited to lead the Greater China team, which consists of a strong and efficient management team, along with thousands of dedicated and passionate employees. The strategic development of ZEISS Greater China is at the forefront of the Group, and I look forward to achieving more progress in innovation, localization, and all business segments in the future.' About ZEISS Group ZEISS is an internationally leading technology enterprise operating in the fields of optics and optoelectronics. In the fiscal year 2023/24, the ZEISS Group generated annual revenue totaling nearly 11 billion euros in its four segments: Semiconductor Manufacturing Technology, Industrial Quality & Research, Medical Technology and Consumer Markets (as of 30 September 2024). Currently, 15 percent of revenue is invested in science and R&D. For its customers, ZEISS develops, produces and distributes highly innovative solutions for industrial metrology and quality assurance, microscopy solutions for life sciences and materials research, and medical technology solutions for diagnostics and treatment in ophthalmology and microsurgery. The name ZEISS is also synonymous with the world's leading lithography optics, which are used by the chip industry to manufacture semiconductor components. There is global demand for trendsetting ZEISS brand products such as eyeglass lenses, camera lenses and binoculars. With a portfolio aligned with future growth areas like digitalization, healthcare and smart production and a strong brand, ZEISS is shaping the future of technology and constantly advancing the world of optics and related fields with its solutions. The company's significant, sustainable investments in research and development lay the foundation for the success and continued expansion of ZEISS's technology and market leadership. Today, around 46,500 employees work at the ZEISS Group globally in around 50 countries. The company is headquartered in Oberkochen (Germany). The Carl Zeiss Foundation, one of the largest foundations in Germany committed to the promotion of science, is the sole owner of the holding company, Carl Zeiss AG. Further information available at About ZEISS in Greater China ZEISS' history in Greater China dates to 1957. ZEISS is now represented in the Greater China market with all segments including Semiconductor Manufacturing Technology, Industry Quality & Research, Medical Technology, and Consumer Markets. Since 2021, China has become ZEISS's largest single market in the world, and one of the most innovative and fastest-growing markets. In the fiscal year 2023/24, ZEISS in Greater China generated annual revenue totaling 15.1 billion RMB, with a 12% increase compared to the prior year. Over 7,000 employees throughout the country with more than 60 sites of manufacturing factories, sales & service offices and R&D centers strongly support our customers in the region, and guarantee every related business internationally. The headquarters of ZEISS Greater China is located in Shanghai Pilot Free Trade Zone. It is home to a wide range of activities: China Sales & Service headquarters, competence and training centers, manufacturing facility for the ZEISS Industrial Metrology business group and Shanghai Innovation and R&D Center, ZEISS Group's first corporate innovation and R&D center outside of Germany. ZEISS regional headquarters and the Innovation and R&D Center in Shanghai, together with the Suzhou R&D and Manufacturing Site and Guangzhou Knowledge Manufacturing Base are creating a closed-loop industrial chain that includes medical devices, high-end manufacturing and R&D equipment, and optical lenses. ZEISS is committed to supporting domestic R&D and works closely with Chinese partners to ensure the high-quality and sustainable development of China's cutting-edge industries. Further information available at
Bloomberg
7 days ago
- Business
- Bloomberg
Apple, MP Materials to Build Texas Factory
Gracelin Baskarian, director of the Critical Minerals Security Program at the Center for Strategic and International Studies, breaks down the deal between tech giant Apple and rare earths supplier MP Materials. The two companies announced they would build a factory in Texas to manufacture materials needed for Apple products. (Source: Bloomberg)
Entrepreneur
7 days ago
- Business
- Entrepreneur
GCC Hiring Grew 8-10% QoQ in Q1FY26 Driven by Skill-First Approach: Quess
You're reading Entrepreneur India, an international franchise of Entrepreneur Media. India's global capability centre (GCC) sector marked a steady return to growth in Q1FY26 with hiring volumes increasing by 8-10 per cent quarter-on-quarter after a muted Q4 driven by a skill-first approach, according to Quess Corp's latest report titled 'India's GCC Tech Talent Landscape'. This improvement is not just a rebound, it reflects a more focused and priority-led approach to talent investments. Rather than scaling teams broadly, organizations are now hiring selectively for skills that drive innovation and long-term value. The report offers an in-depth look at how GCCs in India are recalibrating talent strategies to stay ahead in a tech-driven, innovation-led global market. As global enterprises double down on automation, AI, and next-gen infrastructure, India's GCCs are seeing a clear pivot from headcount expansion to capability-centric hiring. In Q1FY26, India's GCC sector saw a strategic hiring shift, with high-growth verticals like BFSI, Manufacturing, Automotive & Energy, and Technology & Hardware driving demand. BFSI and Manufacturing sectors each saw a 2 per cent share increase, reaching 20 per cent and 16 per cent respectively, while Technology & Hardware grew by 1 per cent to touch 13 per cent, fuelled by investments in AI, automation, and digital modernisation. In contrast, traditional sectors like Hospitality, Travel & Logistics, Construction & Engineering, and Healthcare & Pharma witnessed a dip in hiring share. Demand in BFSI was led by functions such as AI-led credit risk, embedded finance, cybersecurity, and digital lending. In Manufacturing and Automotive, hiring was fuelled by initiatives around smart factories, industrial IoT, EV platforms, and predictive maintenance. Similarly, Technology & Hardware showed robust demand for cloud engineering, chip design, and IoT hardware development. In Q1FY26, India's GCCs continued to face significant talent shortages in high-impact digital roles, particularly in AI, data, and platform engineering. AI, Data & Analytics recorded the steepest supply gap at 42 per cent, with critical demand for skills in Generative AI, large language models (LLMs), and machine learning operations (MLOps). Platform Engineering followed closely with a 38 per cent gap, as organizations sought DevOps, Kubernetes, and multi-cloud integration expertise to modernize infrastructure. Cloud and Infrastructure Engineering showed a moderate gap of 25-27 per cent. Cybersecurity and software engineering also faced noticeable pressures, with 15-22 per cent gaps due to increasing needs for Zero Trust architecture, mobile development, and DevOps pipelines. In contrast, traditional domains like ERP, ITSM, and digital operations witnessed stable supply, reflecting a market shift away from legacy IT functions toward next-gen digital capabilities. Tier-II Cities Clock Faster Growth In Q1FY26, tier-I cities like Bengaluru, Hyderabad, and Pune continued to anchor GCC hiring, led by specialization in AI, cloud, and automotive tech respectively. Bengaluru retained the top spot with a 29 per cent share of demand, while Pune (10.6 per cent QoQ) and Chennai (9.4 per cent QoQ) showed faster growth driven by ERP and R&D roles. Meanwhile, tier-II cities such as Coimbatore (58 per cent), Kochi (47 per cent), and Ahmedabad (42 per cent) posted significantly higher growth rates. However, due to limited mid-senior talent availability, nearly 50 per cent of complex roles in these cities are being redirected back to tier-I hubs, indicating a readiness gap despite promising momentum. The recalibrated hiring pattern suggests that tier-1 cities will continue to house high-priority, innovation-led mandates, while tier-II hubs will scale rapidly for cost-sensitive, modular, or support-driven roles Compensation trends across India's GCC ecosystem showed signs of stabilization, with salary growth in premium tech roles moderating to 3-5 per cent quarter-on-quarter. High-scarcity positions such as Zero Trust Security Engineers, AI Observability experts, and FinOps Specialists continued to command top-tier packages, especially in tier-I cities like Bengaluru. Tier-II cities, however, continue to face a talent maturity gap, with limited availability in advanced AI and cybersecurity roles, keeping salaries comparatively lower. Mid-premium roles such as senior SDETs, cloud-native developers, and data engineers also saw steady 3-4 per cent increases, consolidating in the ₹30-38 lakh range. The compensation plateau signals a maturing market that increasingly values functional complexity and digital depth over volume. Kapil Joshi, CEO – IT Staffing, Quess Corp said, "India's GCC landscape is undergoing a structural shift, one that prioritizes capability over sheer scale. Q1FY26 marked a steady return to growth, with hiring volumes rising by 8-10 per cent QoQ after a muted Q4FY25. This growth was driven by hiring in tier-II cities and high-impact sectors like BFSI, Manufacturing, and Tech Hardware. Deep-tech roles like AI, data science, and platform engineering face over 40 per cent talent shortfalls, slowing hiring cycles and limiting team scalability. The sustained demand for niche skills in AI, cloud, cybersecurity, and data engineering reflects a market shift, from just hiring talent to enabling transformation. It's no longer about filling positions, but about building the workforce that powers enterprise innovation and growth."
Reuters
11-07-2025
- Business
- Reuters
RealSense spins out from Intel, secures $50 million to drive AI vision in robotics
July 11 (Reuters) - Computer vision technology firm RealSense said on Friday it has completed its spinout from Intel Corp (INTC.O), opens new tab and secured $50 million in early-stage funding to accelerate expansion into the rapidly growing robotics sector. The company develops cameras that enable machines and devices to perceive the world in three dimensions, allowing them to "see" depth, interpret their surroundings, and interact with their environment. RealSense , which is backed by Intel Capital, the MediaTek Innovation Fund, and other strategic investors, is looking to capitalize on surging demand for computer vision sensors that help robots navigate and understand complex environments. The new funding will be used to scale up manufacturing and expand global go-to-market operations. CEO Nadav Orbach said the funding will also support research and development of AI software and next-generation depth cameras, but the company declined to disclose the valuation at which it raised funds. "It's true there are a lot of companies that like to be vertically integrated, and several of those are customers of ours, and we work very closely with them. But on the other hand, I have over 3,000 active customers today with a pretty wide ecosystem play and pretty high growth year over year," CEO Nadav Orbach told Reuters. Its newest camera, the D555, can transmit power and data via a single cable and features built-in AI capabilities, enabling robots and security systems to quickly understand their surroundings. The company says its depth cameras are embedded in 60% of the world's autonomous mobile robots and humanoids, with clients including China's Unitree Robotics and Switzerland's ANYbotics. In addition to robotics, RealSense is expanding into security systems that use facial recognition, leveraging its own software tools for mapping environments and identifying faces. While RealSense manufactures primarily in Thailand and Asia, its headquarters and business operations remain in the U.S. Orbach said the company is open to future IPO or acquisition opportunities but is focused on long-term growth.
