Virtual power plants: distributed generation is not a threat, it’s an opportunity
· Connected Industry

Virtual power plants: distributed generation is not a threat, it’s an opportunity

Almost 60 percent of utility executives in 20 countries rank distributed generation as the biggest disrupter to their operations, according to a 2017 survey by Accenture, the global services company. Distributed generation, the executives predict, will reduce their revenues, increase grid faults and erode their business models. But is distributed generation a threat or an opportunity? […]

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TPM – a Powerful, Inexpensive Security Building Block
· Cybersecurity

TPM – a Powerful, Inexpensive Security Building Block

There are two worlds of computer security – high-end systems and then everything else.   Both high- and low-end systems typically employ “top-down” defenses to harden their attack surfaces.  These are “software-only” security techniques. High-end and specialized systems have the additional protection of “bottom-up” defenses in the form of Hardware Security Modules (HSMs).  HSMs sequester secrets […]

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Collaborative Operations Center – what it means for utilities in the digital transformation process
· Connected Industry

Collaborative Operations Center – what it means for utilities in the digital transformation process

Last month, together with my business partner in IIoT World, Carolina Rudinschi, PhD,  I attended the opening of ABB’s latest Global Collaborative Operations Center in Genoa, Italy, an event that brought together 30+ analysts and  50+ customers from all over the world. The program included a live demo of the inaugural center’s capabilities, presentations by […]

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How machine builders can use IIoT platforms to unleash new business models
· Connected Industry

How machine builders can use IIoT platforms to unleash new business models

By 2025, experts expect that the Industrial Internet of Things (IIoT) will provide a $4.6 trillion opportunity for the world’s industrial operations to upgrade and add value to the global economy. This reflects the trend toward digitization just about everywhere, thanks to technology advancements. For OEMs & machine builders, the digitization trend coincides with industry’s […]

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Susan Peterson: “Concepts like Future of Work are at the center of the Digital Revolution”
· Digital Disruption

Susan Peterson: “Concepts like Future of Work are at the center of the Digital Revolution”

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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Smart Buildings and IoT – Create your digital Fortress using IoT Technology
· Smart Buildings

Smart Buildings and IoT – Create your digital Fortress using IoT Technology

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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5 Steps to begin or advance a Digital Transformation Strategy
· Connected Industry

5 Steps to begin or advance a Digital Transformation Strategy

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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Power Generation Companies Need a Framework for Digital Transformation
· Connected Industry

Power Generation Companies Need a Framework for Digital Transformation

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 of power generation in times of transition
· Connected Industry

Digitalization of power generation in times of transition

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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Decoding Digital Transformation with IoT
· Digital Disruption

Decoding Digital Transformation with IoT

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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Digital Transformation in Manufacturing from a Network Visualization Viewpoint
· Connected Industry

Digital Transformation in Manufacturing from a Network Visualization Viewpoint

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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