In a recent interview with Jim Chappell, the Vice President and Global Head of AI at Aveva, he shared valuable insights into the world of industrial AI and its growing impact on sectors such as manufacturing, energy, and infrastructure. Jim highlighted the evolution of AI over the last couple of decades, emphasizing its expansion beyond […]
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In the industrial landscape, one of the most pressing challenges faced by organisations is the unpredictability of equipment failures. Such unplanned downtimes not only result in significant financial losses but also disrupt the entire production chain, leading to missed deadlines, compromised product quality, and strained customer relationships. The traditional reactive approach to maintenance, where equipment […]
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Artificial intelligence (AI) is a hot topic that is transforming industries across the globe. Many believe that by 2030, there will be two types of companies: those that embrace AI and those that don’t. Our co-founder, Lucian Fogoros, recently had the opportunity to speak with Jürgen Weichenberger, the Head of AI at Schneider Electric, to […]
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A reflection on the complex standardization process from a fresh perspective Open standards bring many benefits to the industrial community, mainly reducing friction in multiple areas and increasing the overall safety. Moreover, standards are expected to bring broader efficiency and lower ownership costs, while providing a better ROI for many of the actors. Then, pursuing […]
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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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Industrial espionage is nothing new. Theft of trade secrets and corporate intellectual property (IP) such as proprietary manufacturing processes, formulas, recipes, and product designs has been happening for decades. And you probably already know this if you work in industries such as manufacturing, pharmaceuticals, and chemicals. What is industrial espionage? Industrial espionage is sometimes credited […]
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