With the long-anticipated roll-out of 5G, there are high expectations for the potential impact of new technologies and business models enabled by these networks. The advent of 5G brings multiple advantages, including greater speed to move more data, lower latency to reduce delays, and the ability to connect more devices. In particular, the industrial IoT […]
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Organizations often perceive cybersecurity as a necessary evil. They know that it’s critical to protect business assets but it’s seldom seen as a driver that helps move the business forward. It’s a checkbox, a requirement that is begrudgingly addressed to reduce risk and remain in compliance. There are massive amounts of dollars and people-hours that go […]
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Throughout our ten years of working with equipment manufacturers to connect, collect, and integrate operational data with enterprise systems, we’ve seen many trends impacting industrial IoT project success. The world has finally moved beyond most of the technological limitations for building innovative solutions for IIoT. All the necessary tools exist to create connected product systems […]
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Contradictory to the common belief that technology necessary for Industry 4.0 is expensive, the Combine and Conquer report by Accenture found that combining technologies such as AR/VR, big data and machine learning can save large businesses an average of $ 78 000 per employee. Despite Industry 4.0 being far from a new concept, first being […]
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At the time this article was written, the cryptocurrency market showed major losses and is in a bear market now since 2018. The downfall affected all currencies more or less equally. Apart from this commonality, the currencies have very different potentials and use cases. Bitcoin, for example, has already been touted as a candidate for a […]
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IDC estimates that spending on digital transformation will reach $1.7 trillion worldwide by the end of 2019, as businesses deploy new technologies and become more data-driven. However, one of the biggest challenges to organisations reaping the full benefits of digital transformation is that the technologies that underpin many of their data processes have not been […]
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With the expansion of the Internet of Things come increased cybersecurity concerns. The technology is finding its way into every industry, elevating connectivity and making our lives easier. However, there are downsides to this, and ever-growing connectivity is becoming more of a problem as cybercriminals seek to exploit it. Perhaps this is most visible in […]
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The potential of IoT lies in the right approach, not just the right data For many plant managers, the internet of things (IoT) can at times seem like an industrial get-rich-quick scheme. Sales people will tout an endless stream of benefits of an IoT-enabled device, from high return on investment (ROI) to enhanced operational insight, […]
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Common misconceptions about smart manufacturing Machine automation could be compared to the human body. Our eyes are the sensors that monitor operations. Our hands are the actuation to manoeuvre things around us. Finally, our brains are the process control, providing intelligence and managing processes. Traditionally, machines in industrial environments could only provide actuation, but not […]
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Smart factories are manifestations of how the industrial internet of things (IIoT) is changing traditional manufacturing. Organizations in the manufacturing sector already have a basic understanding of what smart factories are as well as their capabilities and the advantages and challenges of building them. A pivotal change to adapt to technological advances like smart factories requires a huge […]
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In light of a growing number of food recalls in recent years, the food industry is in a precarious situation where consumers are trusting manufacturers less than ever before. There was widespread panic across Europe in mid-2017 when millions of eggs were recalled due to being contaminated with Fipronil — a highly toxic insecticide that […]
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In 2018, KFC ran out of chicken, we sent a car into space and we all had to decide if we heard Yanny or Laurel in an audio clip. As we start a new year, we have a lot to look forward to, particularly in manufacturing. Each new year brings new technologies and processes to […]
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