In today’s competitive industrial world, predictive maintenance (PdM) is no longer a nice-to-have; it has become a necessity. Traditional PdM methods have several limitations. However advancements in wireless, cloud and AI technology are disrupting the way PdM has been done in recent decades. Companies are making use of these technologies to offer an end-to-end, easy-to-deploy […]
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The power industry has a long history of embracing the benefits of digital technology. For decades, power plants have used remote sensing, networked communication, data aggregation, monitoring and control systems to optimize their generation, transmission and distribution systems. The new level of digitalization ushered in by the 4th Industrial Revolution, is enabling power generators to […]
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Digitalization holds great promise for the power generation industry. However, a range of internal and market challenges can constrain its effective uptake and implementation for those early in the digital journey. Innovative companies that approach digitalization strategically, balancing the short and longer term objectives of the business, will gain a significant competitive advantage, improving their […]
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There is a ton of noise about AI for industry today. A quick search on Google for “Artificial Intelligence” returned 82M results and almost 4M news stories. Bloomberg reported in June that mentions of AI in earnings transcripts has risen from less than 60 in 2016 to over 250 in just Q1 of this year! […]
Read more →The terms Predictive Maintenance and IoT have been intertwined and used significantly over the last several years has caused the true meaning of prediction in this context to be difficult to ascertain. These variations or differences in what a Predictive Maintenance program is and how it is actually construed has caused Manufacturers and distributors to […]
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Before you can begin to improve your network, you need to have visibility into your network. In this post, Frank Williams, CEO of Statseeker, explains why network visibility is important, how it can help your business save money, the best practices for building a network and why industrial companies need to apply smarter and more connected […]
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Often termed the fourth industrial revolution, it’s easy to conclude that the progress being generated by the Industrial Internet of Things (IIoT) will result in job losses. When we think back on the previous industrial revolutions, we can’t help but be reminded of how they brought about newly automated tasks that replaced humans. But, in […]
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The world is currently experiencing a fourth industrial revolution due to the rapid development of technologies and digital abundance such as robotics, artificial intelligence, and 3D printing, etc. Gaining more from existing assets is incredibly vital. It awfully will be more cost-effective to add to the overall value of mature infrastructure through digital enhancements than […]
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The optimistic temperament of successful entrepreneurship is what has tremendously shaped and revolutionized our world today. Our present world as it still unfolds is the direct results of the incredible vision, the extremely indefatigable beliefs and inconceivable risks implementations of past entrepreneurs. From Thomas Edison to Andrew Carnegie to Henry Ford, to Bill Gates and […]
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We are living in the era of 4th Industrial revolution – the evolution which is based on extreme automation of machine to machine communication, not only just the communication but way beyond. Machines can understand each other, negotiate with each other, sign and execute the contracts with each other. They can predict each other’s behavior, […]
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Internet of Things is a great technological revolution to know the status of each object in a series of network-connected objects. Excluding the internet connectivity aspect and focusing on the data collection part, many examples of IoT-like were implemented in the latest decades to know the status of important objects and processes. I can recognize […]
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Have you ever wondered how the on going IIoT revolution will play out? You are not alone. I’ve also given it a fair share of thought and in this article I want to argue why I believe the cloud’s days as the focal point of this revolution are numbered and how decentralised edge computing is best […]
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