Hitachi buys UK rail tech specialist Perpetuum to deliver smarter trains

The rail transport division of Japanese industrial conglomerate Hitachi Group has announced a deal to acquire UK-based rail technology firm Perpetuum for an undisclosed fee. Perpetuum, based in Southampton, offers train monitoring solutions that combine IoT-based wireless sensors and AI-based data analytics to enable train companies to identify and fix faults before they disrupt rail…

Divided, but diversified – European takeup of enterprise AI shows stuttering promise

European enterprises are divided about adoption of AI for digital transformation, with two-in-five embracing AI technologies and two-in-five disinclined to engage with them. But the remainder are interested, and the diversity of AI technologies being adopted suggests decent momentum. This is the conclusion of a new study carried out by market research firm Ipsos for…