projects news

Nokia announced today plans to collaborate with Vision+, an independently-run investment fund, focused on financing innovative products. Vision+ introduces a new funding model for venture investments where investments are made into product development projects with a clear target for market entry and commercialization. Nokia also plans to be an anchor investor in Vision+.

Airbus and VSMPO-AVISMA Corporation have signed a Memorandum of Understanding (MoU) for strategic collaboration on the manufacture and supply of value-added products, joint development projects and especially on the “Vertical Integration Project”.

Canon U.S.A., Inc., a leader in digital imaging, has collaborated with one of Hollywood’s most influential directors, Ron Howard, to select the eight winners of the "Project Imagin8ion" contest from 96,362 submissions.

Spending on business process management (BPM) projects will increase significantly in 2011, according to a global survey by Gartner, Inc. Overall, respondents were optimistic about spending plans, with 54 percent planning a spending increase of 5 percent or more and almost 20 percent planning an increase of more than 10 percent during 2011.

Siemens is to equip the Dorukhan Tunnel between Mengen and Devrek in Turkey with the latest power, lighting and ventilation equipment, along with the associated safety and communications systems. The order was placed by KGM (Karayollari Genel Müdürlügü), Turkey’s General Directorate of Highways, and has a value in a single-digit million euro figure.

ITT Corporation (NYSE: ITT), a world leader in water transportation and treatment, is heading a consortium that has been awarded a contract to provide two water pumping stations for Sardar Sarovar Narmada Nigam Limited’s (SSNNL) Kutch Branch Canal (KBC) Lift Irrigation project.

Qualcomm Incorporated (NASDAQ: QCOM), as part of its Wireless Reach™ initiative, Gyeonggi Province, Korea Centers for Disease Control and Prevention (KCDC) and Korea Telecom (KT) today announced the signing of a Memorandum of Understanding for a project that will benefit patients suffering from chronic disease.

The sale for NOK 1,370 million ($225 million) by 100%-owned subsidiary A/S Norske Shell, and its subsidiary Enterprise Oil Norge AS, contributes to Shell’s target of selling $7-8 billion-worth of assets over 2010-2011 as part of its focus on major growth projects.

Building on a company’s existing investments, IBM Project Vulcan enables breakthrough approaches to reduce personal information overload and improve business agility, empowering people to drive better business results.

Siemens has obtained official permission to keep the Siemens Superstar – Munich’s latest landmark and the world’s biggest revolving Christmas star – illuminated until January 6, 2010.

Under the framework of the U.S.-Russia Bilateral Presidential Commission, the U.S. Agency for International Development (USAID), U.S. Forest Service, and the Russian Federal Forest Agency signed a Protocol of Intent to strengthen collaboration in the sustainable management of forests through 2013.

Siemens AG anticipates massive investments will be made in infrastructure in major cities throughout the world in the coming years. The largest part of the funds will be invested in ecofriendly solutions. “Cities are the growth drivers of the future, yet also account for the biggest share of CO2 emissions.

LG Electronics (LG) is reaping the benefits of its revamped supply chain management (SCM) system, with savings amounting to USD 350 million from January to September year-to-date.

Microsoft Corp. today announced it has developed a reference architecture based on familiar, cost-effective Microsoft platforms that can serve as the basis for development of the “integrated utility of the future.”

Microscopic carbon nanotubes a 100,000 times thinner than a human hair may have the potential to transport electricity faster and over greater distances with minimal loss of energy, according to new research that will be published Friday, in the October 2nd edition of Science magazine.

BAE Systems has been awarded a contract from the U.S. Army Tank Automotive & Armaments Command for the procurement and fabrication of five prototype M109A6 Paladin Integrated Management (PIM) self-propelled howitzer vehicles and two prototype M992A2 Field Artillery Ammunition Support Vehicles (FAASV).

Two Duke Energy (NYSE: DUK) wind power projects recently under construction in Pennsylvania and Wyoming are now on line and generating clean, renewable electricity.

IBM (NYSE: IBM) and Consert today announced the completion of smart grid pilot project installations with nearly 100 commercial and residential participants partnering with the Fayetteville Public Works Commission (FPWC) in Fayetteville, North Carolina.

All businesses wanting to expand their services to other member countries within the EU will be able to perform all the necessary administrative procedures electronically in future.

Part of the next wave of Office-related products, Microsoft Project 2010 helps customers reduce costs, improve efficiency, and simplify project and portfolio management.