Technology

• [New] Capital expenditures are expected to be $ 335-$ 345 million for the year, accounting for investments made in supply chain, digital capabilities, new store openings and renovations, and other technology and general corporate infrastructure projects.
• [New] Worldwide, regulators have taken action to make resilience against cybersecurity threats a baseline requirement for connected medical devices, systems and networks.
• [New] Based on projected power and energy capacity capital costs for 2050, hydrogen storage with up to 2 weeks of discharge duration is expected to be cost-effective in future power systems.
• [New] A Type-1 Civilization could harness all the energy that falls on a planet from its parent star, a Type-2 civilization can harness all the energy produced by its parent star (through systems like a Dyson sphere), and a Type-3 civilization can harness the total energy in a galaxy.
• [New] 75% of emissions from the oil and gas sector - some 16.5% of total human emissions - could be avoided with technologies available today, and that 40% (9% of total human emissions) could be eliminated at no net cost.
• [New] China's controlled environment system will have a lot of automation and lower construction costs because of the massive scale and lower costs in China.
• [New] The technology, developed by Oxford University, will save thousands of lives a year by spotting people whose invisible heart problems are not being detected with routine CT scans.
• [New] While using more automation can enhance the productivity of human labor, MRF operators do not see technology as a threat to the workforce.
• [New] The European market for subsea power grid systems is projected to grow due to increased investment in potential offshore sites such as Norway, as well as escalating government initiatives for power generation from wind energy.
• [New] The subsea power grid industry is predicted to show significant expansion over the next seven years due to the acceleration of oil exploration activities in Latin America and Africa.
• [New] The increasing depletion of fossil fuel reserves and onshore oil reserves has led to an increase in offshore oil and gas exploration processes, which subsequently increased the call for subsea power grid systems, and it is predicted to drive expansion in the worldwide market in the coming years.
• [New] The worldwide market for subsea power grid systems is predicted to register significant expansion, driven by increased oil and gas exploration activities around the world.
• [New] At a global scale, accelerating technology transfers to expand the use of low-carbon technologies in developing countries will be essential to limiting global warming to 1.5 degrees Celsius.
• [New] Google is warning Google Wifi users that it will be axing the app they use to control and monitor the mesh networking system, part of a push to condense smart home and IoT control into a single place.
• [New] Boosting investment in digital technologies and climate resilient infrastructure will be key to create jobs for Africa's young and growing workforce.
• [New] Leading UK businesses and research institutions will join forces to develop new technologies, from 3D imaging accelerating medicine discovery, to transforming waste into eco-friendly household products.
• [New] Banks in 2021, for example, are already telegraphing that in a post-COVID world, they will require 40% less office space as more and more systems have since been put in place to manage operations outside of traditional office settings.
• [New] Using the estimate for the size of the global electricity market in 2030, savings translate into a TAM of $220 billion per year.
• [New] Businesses will rely more heavily on technology and remote working, adding further threat of cyber risks and GDPR and data breaches, companies will rethink or simplify global supply chains.

Last updated: 05 April 2021