digitalization Tag

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The CEO of Process Automation, Siemens AG, Axel Lorenz, discussed his top priorities for the upcoming year in a recent interview. His first priority was reconnecting with the people and understanding the current state of the business. He also emphasized

In the past few years, there have been some major enterprise-focused digital transformation initiatives across industries, along with a lot of innovation around big data and analytics. It’s fair to say that technology is at the core of business success, and

The industrial internet of things (IIoT) has completely changed the competitive landscape for manufacturers. It is ushering in entirely new ways of thinking about every business process from product design, engineering and manufacturing to maintenance and asset management—not to mention new business models.

We are all experiencing the impact of the digitalization. Name any tech buzzword – be it artificial intelligence, Fourth Industrial Revolution (4.0), big data, Internet of Things (IoT) – and you will see a ripple effect on different industries, opening

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, it particularly also uses

The heating and cooling infrastructure in Västerås is a complex operation managed by utility company Mälarenergi that lacked the visibility required for effective control. A collaboration between Mälarenergi and ABB allowed the collection of data that could be integrated into

What are the nine biggest challenges facing the global water industry and what can ABB do to to help resolve them? The world’s population is growing, and so too is the need for water, food and energy. By 2030, there

In most of the world today, power producers are operating in uncertain times. As traditional operating models are upended by new sources of energy, particularly wind and solar, steam power plant operators find themselves running plant and equipment in ways

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. Digitalization can play an important role in solving a