UmbraGroup

Balfour Beatty | March 11, 2020

Five years into its business transformation programme, Balfour Beatty’s numbers are looking solid and its UK Construction business is finally achieving industry standard margins. However, a planned share buyback has been delayed until the stock market calms down from its current coronavirus-induced unrest. Balfour Beatty financial results for the year to 31st December 2019 show that group pre-tax profit was up 12% to £138m on revenue up nearly 8% to £8,411m. Year-end net cash t...

Automotive News | April 01, 2020

It is extraordinary for a technology to have the opportunities and disruption potential that autonomous vehicles will have over the next decades. Market opportunities worth trillions of dollars are forecast to emerge across transportation segments and different AV use cases. Tens of billions of dollars have been invested by high-tech companies, startups, auto manufacturers, their supply chains and many other companies-with more to come. To give perspective, the table below summarizes the potenti...

Code Climate | May 12, 2020

Code Climate has raised $8.5M to expand their Engineering Intelligence platform to deliver a single source of truth for data-driven engineering departments. Code Climate launched Velocity, an Engineering Intelligence solution that delivers deep insights for...

IMechE | April 01, 2020

Alongside Industry 4.0, smart factory and industrial digitalisation, the term Industrial Internet of Things IIoT has also grown in prominence over recent years. Broadly, IIoT refers to devices and equipment in industrial settings that have been fitted with sensors and other instrumentation, and then networked together to gather and share data, and to carry out connected operations. These networks are both wired and wireless and often consist of multiple types of communication technologies &ndash...