Fed Expands Main Street Lending Program

Joseph B. Hash

The. U.S. Federal Reserve reported it is growing the scope of its Main Street lending system to permit much more purposes and increase the kinds of financial loans out there.

Less than the new procedures, organizations with as quite a few as fifteen,000 employees and revenue of up to $five billion will be capable to apply. The preceding restrict, when the system was declared April nine, constrained purposes to small business with 10,000 employees and $two.five billion in revenue.

The Fed also suggested it would offer support for nonprofits.

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Open Manufacturing Platform Expands, Launches New Groups

Joseph B. Hash

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“Mastering the complicated endeavor of developing individualized premium products involves ground breaking IT and computer software answers.”

A cross-sector collaborative work to improve smart production knuckled down to function correctly this 7 days, with the Open up Manufacturing Platform (OPM) launching functioning teams and new steering group associates.

The OPM, launched in 2019 by BMW and Microsoft, operates below a Linux Basis umbrella and hopes to assist make offer chains and sector function in nearer harmony, together with by means of knowledge sharing across offer chains.

This 7 days it included the Bosch Team, automobile parts manufacturer 

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Atos expands strategic partnership with Groupe PSA to build new integrated SAP S/4HANA platform

Joseph B. Hash

Paris, France, February 12, 2020

Atos, a world chief in electronic transformation, has extended its strategic partnership by signing a new agreement with French multinational automotive producer Groupe PSA. This program is to construct an SAP S/4HANA company platform which integrates the two Opel-Vauxhall and Peugeot-Citroen-DS entities on a joint accounting program, in purchase to speed up electronic transformation across the Groupe.

This program is the to start with period of a Groupe PSA core program, developed to be operate on SAP S/4HANA. It will foster advancements in enterprise processes for much better conclude-to-conclude performance improved indirect inventory transparency, plant

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