In today's rapidly evolving industrial landscape, connectivity is the key to unlocking efficiency and productivity. Industrial devices, such as those used in factories and energy management systems, generate vast amounts of data that can provide valuable insights for optimizing operations.
Raven, a leading provider of data contextualization software for frontline operations, announced the successful completion of its Series A funding round, raising $12 million USD ($16M CAD) in equity financing. The round was led by Momenta Ventures and Chartline Capital
Industry 4.0 is ushering in a sustainable era leveraging digitization, artificial intelligence (AI), the Industrial Internet of Things (IIoT), and similar technologies. Sustainability is undoubtedly the way forward for a better future and a greener planet. But, can we achieve
You’ve automated your operations. You’ve identified key data points. All the pieces and parts are in place to give you the insight you need into your building’s performance. Then along comes Industry 4.0, the Industrial Metaverse. Is this a fad or a
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
After Facebook CEO Mark Zuckerberg popularized the concept of a metaverse during a company rebrand last year, much of the discussion about this immersive world centered on the consumer’s use of virtual and augmented reality headsets with digital representations of
This report examines the data from a survey of more than 600 companies conducted by 451 Research and commissioned by Hitachi Vantara on the application of Industry 4.0 approaches in manufacturing, transportation and energy, to explore the maturity of digital