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Hollysys Automation Technologies Reports Unaudited Financial Results for the Third Quarter and the First Nine Months Ended March 31, 2021 News provided by Share this article Financial Highlights Non-GAAP gross margin was at 36.4%, compared to 35.6% for the comparable prior year period. Non-GAAP net income attributable to Hollysys was $71.7 million, a decrease of 7.9% compared to the comparable prior year period. Non-GAAP diluted EPS was $1.18, a decrease of 7.8% compared to the comparable prior year period. Net cash provided by operating activities was $48.6 million for the current period....

ARC Advisory Group New ARC research on the DCS market for power generation reveals that global reductions in coal-fired generation capacity continue to hinder growth. The implication of the global shift to renewables means fossil-fired generating plants will obtain a reduced share of future electric generation, and will operate at lower capacity in the future."-- Harry

ARC Advisory Group New ARC research on the DCS market for power generation reveals that global reductions in coal-fired generation capacity continue to hinder growth. The implication of the global shift to renewables means fossil-fired generating plants will obtain a reduced share of future electric generation, and will operate at lower capacity in the future.” — Harry Forbes DEDHAM, MA, UNITED STATES, May 4, 2021 /EINPresswire.com/ -- New ARC Advisory Group research on the market for Distributed Control Systems (DCS) for Power Generation reveals that global reductions in coal-fired gener...

Read later Audio version Summary: Plex Systems has been a big change agent in the ERP space, being the first to pioneer multi-tenant cloud ERP software. Its recent acquisition of Kors Engineering could trigger better value for manufacturers and ignite a wave of additional M&A deal-making by competitors. Here's our assessment. (© Zapp2Photo - Shutterstock) Today, cloud ERP vendor Plex Systems is announcing its acquisition of Kors Engineering. Kors is a 40+ year old firm with a 20-year partnership with Plex. This deal provides a number of OT (operations technology) capabilities and services f...

(1) LONDON, Feb. 10, 2021 /PRNewswire/ -- For those with a significant stake or role in a Data Centre business, whether it's for their own organisation or for others, here is a burning question: 'Does the Cyber Security for your Data Centre Operational Technology get overlooked because it falls between your IT, Security and Engineering teams?' Throughout industry, Industrial Control Systems (ICS) have long been targeted with Cyber Crime. Now, however, more malicious and sophisticated strains of Malware and Ransomware are specifically targeting Operational Technology (OT) environments. As the...