Cybersecurity experts agree: Cyberattacks are the new reality for utility companies. On Jan. 10th, 2018, a major power outage hits the Consumer Electronics Show (CES), Las Vegas. For nearly two hours, participants were reminded that without electricity, the digital economy would not survive very well. In 2016, 3.85 trillion kilowatthours (kWh) [EIA] was consumed in the […]
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The development of Industrial Control Systems (ICS) over the past two decades has changed the face of many industries. Operational Technology (OT) – largely industrial equipment – has become increasingly connected, and the integration of Information Technology (IT) components allows such devices to leverage software that drives data collection and analysis, resulting in enhanced performance […]
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Hannover Messe has been a great success for many companies this year. One of the topics we had on our radar at this event was cybersecurity. As Oliver Tuszic, VP and General Manager of Sales at Cisco, Germany, said, it is imperative that in the process of digital transformation companies feel secure. At this point, […]
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After years of high and rising oil prices, the latest drastic drop in Oil prices put indebted Oil and Gas companies on credit rating agencies watch lists and resulted in some oil and gas companies going the traditional route of cost cutting measures such as layoffs and capital expense reductions. However, some organizations realizing that […]
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Industrie 4.0, offers great promise for manufacturers to optimize business operations. The key to any successful Industrial IoT project lies in the factory data. Industrial customers need seamless, secure access to this data to make better business decisions in their plants, which can only happen with a reliable plant to enterprise network and unique software […]
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It is real, but it’s difficult to say how long it will take. It will surely take many years to fully realize, but is already happening faster than many expected. This blog presents some of key digital transformation trends in manufacturing ARC tracks in 2018. Advanced Analytics and Machine Learning The most noticeable and probably […]
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It is still early innings for the Industrial Internet of Things (IIoT), and the fourth industrial revolution has barely begun, yet organizations without a digital strategy are already falling behind. This trend toward more connectivity, data, computing, and technology will only grow. Enterprises that begin their digital transformation journey, will, in fact, take advantage of […]
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Since publishing my book The Amazon Way in June 2014, I’ve collaborated with hundreds of teams and leaders, applying lessons from the book to their cultures and businesses. What I didn’t expect was the feedback, the energy – and quite frankly, the frustration that accompanied the process of creating change when attempting to implement digital strategies.Organizations want […]
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A survey of senior-level, experienced Industrial IoT decision-makers and influencers in the manufacturing, oil and gas (O&G), and transportation industries confirms that IIoT has progressed beyond hype to widespread use. Eighty six percent of participants in the Bsquare 2017 Annual IIoT Maturity Survey have adopted IIoT solutions and 84% believe their solutions are very or […]
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Virtual power plants/pools (VPP), are fast becoming a driving force in the power industry, due to rising demand for energy and the global turn to renewables. By 2025 there will be 1 billion more people on the planet, all requiring electricity. And by 2040, 60 percent of the power generated worldwide will come from renewable sources, […]
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Sandra DiMatteo is the Global Director of Marketing for Asset Performance at Bentley Systems. She has more than 20 years of experience in asset performance management and reliability software solutions, asset lifecycle information management, enterprise asset management operating in a connected data environment in public infrastructure, energy and process industries. She has spoken on IIoT […]
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Jagannath is responsible for the data-driven services business of the industrial Internet of Things (IIoT), which includes MindSphere, the secure, cloud-based, open IoT operating system built for industry. His portfolio of responsibilities includes the widespread application of “Big Data” technologies in the realm of manufacturing, covering topics such as plant analytics, asset analytics, artificial intelligence, […]
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