More than half (54%) of the world’s current population resides in urban areas compared with just 30% in the 1950s. In 2009, the global population was estimated at 6.8 billion —around 3.7 billion lived in urban areas. By 2050, 66% of all people will be urban dwellers. Urbanization does not always occur organically. To accelerate […]
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On an almost weekly basis, another organization or government agency owns up to having been “hacked” – admitting that its systems have been breached. For every company that discloses an issue, there are likely 20 – 30 more that keep it under wraps. We know this because more than half of all U.S. businesses have been hacked. […]
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The Roadmap To Digital Manufacturing Transformation Industry 4.0: Hype or Hope? Amid the hype surrounding Industry 4.0, IIOT, and digital transformation, the introduction of Industry 4.0 has caused a bit of a culture shock for manufacturers. The benefits of data-driven manufacturing are far too significant to ignore and will enable many to deliver competitive advantages in an […]
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What do the likes of Mercedes-Benz, GE, Ford, Humana, Philips, LockheedMartin and Indian Railways have in common? Irrespective of the diverse domains they are posited, each of them is in a phase of transformation…Digital Transformation. As the convergence of algorithms, cloud, things, and data drives tectonic shifts across industries, bellwether companies are forced to break […]
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Business opportunities created by the Internet of Things (IoT) and the Industrial IoT (IIoT) are among the most debated topics, as these are considered important for a broad range of consumer and industrial applications. Leading market research firms already estimate that by 2020 there will be over 20 billion installed end-point devices worldwide, defined as […]
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Investment in water infrastructure With the United Nations reporting that 60% of the global population will call an urban area home by 2030, what are the most pressing infrastructural systems that cities will need to evaluate to meet the growing demand of this population? The key challenge for cities will be to manage the growth […]
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In 500BC the Chinese general and military strategist Sun Tzu taught his commanders that quickness is the essence of war, and agility the hinge of battle. Sun Tzu’s wisdom 0f 2500 years ago is uniquely appropriate to us today as the fourth Industrial Revolution continues to unfold. Above all, digital transformation is a culture change. […]
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Throughout history, regional and municipal governments have used new technologies to improve the lives of their citizens. The aqueducts of Rome brought outside sources of water into the city, enhancing both public and private facilities. The London Underground, the first underground railway, made it easier and safer for people to move around the burgeoning city. […]
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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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You’re an industrial equipment manufacturer. You design, produce and sell equipment used in manufacturing, agriculture, life sciences, food & beverage production, transportation, oil & gas, and other industrial scenarios. Your digital transformation journey may just be starting, and you seek to collect data from your machines and PLCs for the first time. Maybe you have […]
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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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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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