Why Manufacturers are in the Crosshairs of Threat Actors
In today’s modern digitised environment, the manufacturing industry faces multiple interwoven challenges that can have a serious impact on their overall performance and sustainability. These challenges include supply chain disruptions, with events such as natural disasters, geopolitical issues, and pandemics disrupting the global supply chain, affecting the timely delivery of raw materials and components. These […]
Why we need to rethink our concept of innovation.
The importance of R&D cannot be overstated. Not only can it help companies create new products and adapt to the changing demands of customers, it also gives organizations a competitive edge and allows them to grow their market share. However, beyond reinventing products, services and processes, enterprises that have the resources to bring in innovation, […]
Future-proofing industrial operations with an Industrial Data Fabric
Industrial businesses today grapple with the complexity of managing vast and varied data streams generated from their operations. According to Statista, the volume of data generated, consumed, copied, and stored is projected to reach more than 180 zettabytes by 2025. In 2020, the total amount of data generated and consumed was 64.2 zettabytes. The challenge, however, […]
The Digital Dispatcher has Arrived – Here’s What That Means for Logistics
In the long-haul full truckload (FTL) industry, dispatchers have traditionally relied on manual processes and years of experience to navigate a complex regulatory landscape, fluctuating fuel prices and evolving customer demands. While functional, this approach is far from optimal, putting pressure on dispatchers and leading to inefficiencies and missed cost-saving opportunities. But this is finally starting to […]
Breaking Down Barriers to Build Better Smart Cities
The idea of a smart city has been around for decades, but in practice many municipalities end up just delivering individual services, for instance shared public bike services or ‘smart’ bins. However, a truly ‘smart’ city is much more than this. The infrastructure that underpins its smart services is critical, and it must be designed […]
Humanized AI will drive operations of the future
Through combining large language models with generative AI and other types of applied AI, plants will radically transform their productivity and sustainability, writes Jim Chappell, Global Head of AI, AVEVA Artificial intelligence (AI) is often pitched as a cure-all boost for businesses. But the reality is more nuanced. AI is not just one thing, and […]
Agriculture won’t keep us fed without inclusive digital transformation
Amidst a host of socio-economic and humanitarian crises brought about by the greatest health crisis of the last century, the COVID-19 pandemic has added another dire problem to the planet’s unending human struggles: uncontrolled hunger. The UN and its agencies reported that in 2022 alone, between 691 and 783 million people faced hunger, an increase […]
How manufacturing companies can avoid AI overreach and not fall into the growing gap between hype and adoption
Manufacturers face growing pressure to quickly produce increasingly complex and higher-quality products to meet customer demand. While AI appears to be a logical solution, the reality is that up to 80% of AI projects either never reach completion or don’t meet their objectives, resulting in failure or cancellation. Gone are the days of experimenting with […]
The Role of Edge Infrastructure in Digitized Commercial Facilities of the Future
There’s a lot of discussion about commercial facilities’ “digital transformation.” But what exactly is digital transformation? Why is it critical for today’s commercial facilities? And what technology enables this transformation? According to Gartner, 91% of businesses are engaged in some form of digital initiative, and for 87% of senior business leaders, digitalization is a priority. Interestingly, […]
Multi-Enterprise Platforms Foster More Efficient, Resilient Supply Chains
Amid continued disruptions and supply shortages, businesses are continuing to invest heavily in supply chain technology and innovation. A new report from MHI and Deloitte found that 90% of companies are planning to invest more than $1 million in supply chain technology this year, an increase of 24% over last year. Impressively, 38% of businesses […]