In these times, there is no doubt that the advancement of digitalization in industry makes possible connected products and processes that help people, materials, energy, plant and equipment to be more productive and efficient. The repercussions…
The importance of data has changed over the years. Initially, data was just the “exhaust” from an organization’s On-Line Transactional Process (OLTP) systems. However as the volume, variety and velocity of the data grew over the…
Most organizations lack a methodology for determining the economic value of their data and analytics. But Data and Analytics are unique economic assets that not only never wear out, but they actually can appreciate, not depreciate, in…
Digital transformation of the global workplace has impacted every aspect of the way companies do business. Much has been made of how smart, connected technologies are working behind the scenes to ingest, blend, and analyze data 24…
The energy industry is entering a new era, triggered by the relentless rise of renewables, electric cars and smart grids. And like previous industrial revolutions, technology – and the willingness to embrace it – will determine…
When it comes to suggesting the best storage option for IoT big data, there’s a divide in the industry. Some say the next IoT revolution won’t happen in the cloud, it’ll happen on the edge. Following…
Machine learning enables organizations to harvest a higher volume of insights from both structured and unstructured data than they could otherwise accomplish with traditional business intelligence solutions. 1. A New Dimension in Predictive Analytics In today’s…
With the arrival of the Industrial Internet of Things, manufacturers are finding themselves at the forefront of fast-moving, disruptive and revolutionary change. Among other things, this change is quickly introducing components for the creation of a…
Prior to taking important financial decisions, it is common practice to investigate current tools and make some calculations to find out alternatives with the best returns on investment. Though deep analyses are not always made, fundamental…
Equinor’s LNG facility on Norway’s Melkøya Island cools natural gas from the Barents Sea to minus 160 degrees Celsius, fills it into special tanks, and delivers it to ports around the world. To do this work,…
Make sure your Connected Machine/Equipment project delivers real value - for you and your customer. You want to connect your units in the field for an enhanced customer value proposition and an improved Services business case?…
IoT is driving the next industrial revolution. But hackers now see the supply chain as an easy target. The challenge: to mitigate the risk and drive more efficient, connected production, but without neglecting to invest in…