One in five power plants will become digital plants by 2025, a Capgemini’s report predicts. Back in 2016, the maturity of digital initiatives in the industry varied: from projects that were leveraging advanced analytics to optimize assets; and the widespread implementation of smart meters; to early moves by some utilities to manage and integrate distributed […]
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A growing number of commercial and private buildings are incorporating smart technology in their design and daily operations. Smart buildings bring a wide-range of conveniences to property managers, but the Internet of Things (IoT) technology that allows buildings and devices to communicate also presents a variety of security issues. Smart buildings rely on a central […]
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A lot of big companies are creating “Innovation Labs” to generate IIoT platforms. We talk to them every day. Yet we see precious few successful IIoT systems ever delivered by these centralized teams. It’s not a problem of smarts or hard work. These are strong, motivated developers. But the Internet of Things is different, even […]
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A smart, connected enterprise can embrace the digital transformation in the coming Industrial Internet of Things (IIoT) world by collecting data that could result in new levels of collaboration, operational excellence, agility and profitability. But the reality is that total adoption of IIoT is a ways off and users today need to start the digital […]
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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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Technology and business professionals are assaulted with new buzzwords daily. Figuring out what they mean in day-to-day work is more challenging. Nowhere is this more confusing as in the Internet of Things (IoT) space, where the term “digital transformation” is often linked to IoT initiatives. What’s real and what’s not? How far away is digital […]
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A smart, connected enterprise can embrace the digital transformation in the coming Internet of Things (IoT) world. Manufacturers must adopt technologies that transform operating models and allow for digital connections of processes, events, actions, internal workers and external partners. This transformation will allow manufacturers greater agility and flexibility for regional or global production. It appears manufacturing executives […]
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