Every day, millions of hours are wasted on the road worldwide. Last year, the average San Francisco resident spent 230 hours commuting between work and home1—that’s half a million hours of productivity lost every single day. In Los Angeles and Sydney, residents spend seven1 whole working weeks each year commuting, two of which are wasted unproductively stuck in gridlock2. In many global megacities, the problem is more severe: the average commute in Mumbai3 exceeds a staggering 90 minutes. For all of us, that’s less time with family, less time at work growing our economies, more money spent on fuel—and a marked increase in our stress levels: a study in the American Journal of Preventative Medicine , for example, found that those who commute more than 10 miles were at increased odds of elevated blood pressure4.
Philips Lighting, global leader in Lighting, and Atletico Madrid announced today an agreement to supply the lighting of the club’s new stadium. Philips Lighting becomes Atletico Madrid’s official lighting partner for the next four seasons where the new stadium will be the first in the world to benefit from Philips ArenaExperience.
The future belongs to self-learning robots that interact with human beings, explains Yoshiharu Inaba, Chairman and CEO of Fanuc, the Japanese robot and controller manufacturer. With robots, the entrepreneur seeks to handle future growth. And locally networked managers are intended to help them do so.
After a six-year project period, including three years of construction work, the new Siemens headquarters building in Munich opened its doors on June 24, 2016. With about 45,000 square meters of aboveground floor space, the company has created a modern, inspiring work environment for about 1,200 employees.