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ADI welcomes Rich Puccio as chief financial officer

Analog Devices, Inc. has announced that Richard C. Puccio, Jr. will join the company on February 5, 2024 as executive vice president and chief financial officer. In this role, Mr. Puccio will set ADI’s financial strategy and lead the company’s global finance operations. Mr. Puccio will report to CEO and chair Vincent Roche.

​“Rich brings tremendous experience and capability from his more than three decades of leading financial advisory and high-growth business operations activities in complex technology sectors, and this makes him a great addition to ADI’s leadership team. We welcome Rich’s sharp business acumen to enable ADI to accelerate the effectiveness of our operations in a world of increasing opportunity and complexity,” said Vincent Roche, ADI’s CEO and chair. “I would also like to thank Jim Mollica for his partnership and contribution as interim CFO, and I look forward to Jim’s continued leadership in ADI’s finance organization.”

Mr. Puccio joins ADI from Amazon Web Services (AWS) where he served as CFO. In his role at AWS, Mr. Puccio partnered closely with the business to manage more than 200 fully featured services, including compute, storage, databases, robotics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile and security, among many other technologies. Prior to his role at AWS, Mr. Puccio was at PricewaterhouseCoopers (PwC) for nearly 29 years, where he served as a partner for over two decades. During his tenure at PwC, Mr. Puccio primarily served clients in the global technology, semiconductor and semiconductor capital equipment industries.

“With its innovative spirit, amazing talent and dedication to enriching lives and the world around us, ADI has exceptionally strong growth potential. I’m delighted to be joining ADI as the company’s new CFO and look forward to bringing my digital, software, and platform experience to the company as we play an increasingly important role in creating the Intelligent Edge and driving new levels of shareholder value,” said Richard C. Puccio.

Richard Puccio earned his AB in Economics from Harvard University and his MBA from Boston University.

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January 26, 2024

Posted by: Magda Dabrowska

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Flowfinity boosts integration capabilities for operational intelligence

Flowfinity has announced enhanced capabilities of its platform to integrate systems so clients can better manage data accessibility for operational intelligence and situational awareness. (more…)

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January 25, 2024

Posted by: Magda Dabrowska

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ABB acquires majority of Meshmind to boost R&D capabilities in AI and IoT

ABB announced that it has agreed to acquire a majority of software service provider Meshmind to expand its research and development (R&D) capabilities in AI, Industrial IoT and machine vision. Through this acquisition, ABB will integrate engineering talent, AI and software knowledge to form a new global R&D hub to further accelerate the development of automation solutions within its Machine Automation division (B&R). The deal will focus on industries such as logistics and manufacturing. (more…)

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January 19, 2024

Posted by: Magda Dabrowska

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Hyundai and Kia partner with Samsung for car-to-home service

Hyundai Motor Company and Kia entered into a partnership with Samsung Electronics on January 3 to establish a car-to-home and home-to-car service. The objective of this collaboration is to improve the connectivity between residential and mobility environments, fostering seamless integration and convenience for users. (more…)

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January 9, 2024

Posted by: Magda Dabrowska

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Fibocom launches PCBA formula for industry applications

Fibocom has announced the fulfilment of its PCBA capability for industry customers in the field of smart payment, industrial handheld, connected AI camera, commercial display, intelligent service robotics, AI edge server, etc. Encompassing hardware design, MD & ID evaluation, algorithm migration & integration, certification and software application support, the comprehensive printed circuit board assembly (PCBA) solution expedites the commercialisation of customers’ smart devices. (more…)

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December 22, 2023

Posted by: Magda Dabrowska

Podcast: Harnessing the power of IoT and AI – The age of Connectivity Twins

In this insightful episode of our technology-focused podcast, host Antony Savvas, International Technology Editor, delves into the evolving landscape of the Internet of Things (IoT) and Artificial Intelligence (AI) with industry expert Gabriel Salvate from BICS. They explore the concept of ‘connectivity twins’ and its pivotal role in efficient operations within various sectors. Gabriel sheds light on the integration of AI and data analytics in IoT, transforming mundane objects into smart, interconnected systems. Plus, get a glimpse into the future with a discussion on Amazon’s innovative drone delivery system.

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December 18, 2023

Posted by: Barto Szkaradek

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Movella’s sensor modules enhance Advantech’s AMR and AGV applications

Movella and Advantech have partnered to develop advanced formulas that enhance the reliability and safety of autonomous mobile robots (AMR) and automated guided vehicles (AGV) applications. The collaboration combines Movella’s technique in industrial-grade Inertial Sensor Modules with Advantech’s proficiency in providing embedded guides and design-in service. (more…)

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November 8, 2023

Posted by: Magda Dabrowska

Podcast: The Future of IoT: Unpacking eSIM SGP.32 with Industry Experts

Join Antony Savvas and industry leaders Niall Strachan, Chief Commercial Officer from Pelion, and Steffen Sorrell, Chief of Research from Kaleido Intelligence, as they delve into the transformative impact of IoT eSIM SGP.32. Learn about this groundbreaking GSMA specification that is setting new standards for profile availability, interoperability, and security in eSIM devices. 

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October 12, 2023

Posted by: IoT global network

Molex releases report, revealing future of technology advancements, product developments

Molex has released a report that highlights opportunities and obstacles facing product design engineers as the future of connectivity continues to unfold. The report, “Predicting the Connectivity of Tomorrow: Innovations Driving the Connected World,” offers insights into changing future connectivity, which is poised to unlock product creations. (more…)

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September 15, 2023

Posted by: Janmesh Chintankar

EZVIZ unveils IoT connectivity technology at IFA 2023

EZVIZ is participating in showcase of advanced technology at IFA 2023. EZVIZ came up with a new launches, including 4G security cameras, smart video doorbells, robot vacuum cleaners, outdoor power solutions, and more. (more…)

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September 12, 2023

Posted by: Shriya Raban