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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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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As a concept, ‘ smart city ’ has been on the agenda for the last decade to make the cities more productive, more sustainable and ‘smarter.’ According to a survey, annual technology investments in cities will be USD 34.4 billion on average until 2020. The future is coming. Rapidly! I don’t know if the flying […]
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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 […]
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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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Daniel Elizalde released today the episode number nine of the IoT Product Leadership podcast focused on how Industrial IoT is reshaping the energy sector. His special guest for this episode is Susan Peterson-Sturm, Digital Lead of Power Generation and Water in the Industrial Automation Division of ABB. Listen to this episode to find out more about the role Industrial […]
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What is a smart city? In a previous article, we described it as a city that uses technology extensively to achieve key outcomes for its various stakeholders, including residents, businesses, municipal organizations and visitors. We also described the Smart City Ecosystem Framework, a model for building and planning smart cities. In this article, we will […]
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In the Industrial IoT world, we often hear comments like “Let’s make our existing machine or tool connected, and later we will find the way to create value or monetise it!” or “We need more and more data so we can solve business problems.” Is this approach enough? Is it a good idea to start […]
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