New industry partnerships: Intel, Honeywell, Rivian, and more
Collaboration is an integral part of any industry, and this principle is especially true for the manufacturing sector. Companies, organizations, and institutions frequently team up to develop new products, introduce innovative services, and disrupt the manufacturing status quo. In this roundup, we highlight the recently announced partnerships that promise to change the industrial landscape in unique and groundbreaking ways.
Partnership: Intel Corp. and Amazon Web Services Inc. (AWS)
Goal: Intel will produce an AI fabric chip for AWS on Intel 18A, as well as produce a custom Xeon 6 chip on Intel 3, building on the existing partnership under which Intel produces Xeon Scalable processors for AWS.
Quote: “This expansion of our longtime relationship with AWS reflects the strength of our process technology and delivers differentiated solutions for customer workloads. Intel’s chip design and manufacturing capabilities, combined with the comprehensive and broadly adopted cloud, AI and machine learning services of AWS, will unleash innovation across our shared ecosystem and support the growth of both businesses, as well as a sustainable domestic AI supply chain.” - Pat Gelsinger, Intel CEO
Learn more
Partnership: Honeywell and Google Cloud
Goal: By combining Google’s Gemini on Vertex AI, an AI platform, with Honeywell Forge, an IoT platform, customers will be able to access enterprise-wide insights across a multitude of use cases.
Quote: "The path to autonomy requires assets working harder, people working smarter and processes working more efficiently. By combining Google Cloud's AI technology with our deep domain expertise--including valuable data on our Honeywell Forge platform--customers will receive unparalleled, actionable insights bridging the physical and digital worlds to accelerate autonomous operations, a key driver of Honeywell's growth." - Vimal Kapur, Chairman and CEO of Honeywell
Quote: "Our partnership with Honeywell represents a significant step forward in bringing the transformative power of AI to industrial operations. With Gemini on Vertex AI, combined with Honeywell's industrial data and expertise, we're creating new opportunities to optimize processes, empower workforces and drive meaningful business outcomes for industrial organizations worldwide." - Thomas Kurian, CEO of Google Cloud
Learn more
Partnership: Nauto and Beans.ai
Goal: The partnership will combine Nauto's AI-powered VEDR solution with Beans.ai's pick-up and drop-off location data and micro-routing expertise. The companies hope this combination will enhance the safety, efficiency, and accuracy of last mile delivery operations and make VEDR compliance easy for package delivery contractors.
Quote: "At Nauto, we are committed to making roads safer for all drivers and enhancing the overall efficiency of commercial fleet delivery. Through our strategic partnership with Beans.ai, we are able to bring together the best of both worlds – supporting VEDR compliance, advanced AI-powered safety technology, data analytics and fleet management competencies – to deliver solutions that address the evolving needs of the last mile delivery ecosystem." - Yoav Banin, President of Nauto
Quote: "Beans.ai is thrilled to partner with Nauto to drive innovation and efficiency in last mile delivery. By integrating our advanced data solutions with Nauto's industry-leading fleet safety and management technology, we are empowering commercial fleets to optimize their operations, enhance driver safety, and deliver exceptional customer experiences." - Akash Agarwal, Co-founder & Chief Business Officer at Beans.ai
Learn more
Partnership: Rivian Automotive and Volkswagen Group form Rivian and VW Group Technology, LLC
Goal: Through this new joint venture, the companies hope to bring next-generation electrical architecture and software technology for both companies’ future electric vehicles.
Quote: “The partnership with Rivian is the next logical step in our software strategy. With its implementation, we will strengthen our global competitive and technological position. Today’s launch of the joint venture demonstrates the potential we want to leverage together in the coming years. We have a clear plan to offer our customers the best products and digital experiences at attractive prices through state-of-the-art development processes, innovative technological approaches, and a competitive cost base driven by synergies.” - Oliver Blume, CEO of Volkswagen Group
Learn more
Partnership: Cognizant and Amazon Web Services (AWS)
Goal: Under the strategic collaboration agreement (SCA), the companies plan to deliver advanced technology solutions and cloud computing services focused on enhancing smart manufacturing capabilities for global enterprises across industries.
Quote: "The businesses that will succeed in an era of AI-driven disruption, supply chain challenges, and evolving compliance requirements will be those that embrace smart manufacturing methods at the core of their production operations. The ability to leverage our deep IoT, AI and industrial automation expertise into solutions on AWS, will allow us to deliver innovative solutions for clients that aim to drive quality, efficiency, productivity, reduced unit cost, and improved plant flexibility." - Anna Elango, EVP and head of Cognizant's Core Technologies and Insights
Learn more
Partnership: Exxon Mobil Corporation and LG Chem
Goal: The companies signed a non-binding memorandum of understanding (MOU) for a multiyear offtake agreement for up to 100,000 metric tons of lithium carbonate.
Quote: “Building a lithium supply chain with ExxonMobil, one of the world’s largest energy companies, holds great significance. We will continue to strengthen LG Chem’s competitiveness in the global supply chain for critical minerals.” - Shin Hak-cheol, CEO of LG Chem
Learn more