In today’s industrial world, the Industrial Internet of Things (IIoT) is being increasingly leveraged to improve factory operations security and scalability. IIoT is a system of interconnected devices, sensors, and software that can be used to automate and optimize industrial processes. By using IIoT, factories can benefit from improved resource management, greater operational efficiency, and enhanced security. This technology can also help to reduce energy consumption, improve scalability, and enable factories to meet customer demands faster.
Data is at the center of digital transformation. The more data you can acquire, the more possibilities open up to your company. However, there are a variety of ways to collect data. Data acquisition systems (DAQ) collect data and, together with data analytics software, turn them into useful insights that your company can use to improve its processes and gain an advantage over the competition.
Consider some of the different types of DAQ systems, how to implement them, and the benefits they can bring to your business.
The energy grid is a modern marvel. Nevertheless, its analog nature has proven to be inadequate for today’s energy demand. In order for energy companies to stay competitive, grid infrastructure needs a digital transformation. Smart grid technology can help us cut down on energy consumption, minimize waste, and even integrate new technologies more efficiently. Even more importantly, a smarter grid can help us navigate complex problems, like today’s energy crisis.
A digital transformation is a must for companies to stay competitive in today’s complex and turbulent market. Going digital can make companies much more profitable and enable technologies that increase resilience and adaptability. Nevertheless, going digital is a challenge. In order for the transition to go smoothly, it must be planned out very well. To help you plan your transformation, consider a few important questions before embarking on this important project. Digital transformation companies can facilitate the process.
Data is the fuel for the right business decisions. If you want your team to make informed decisions, you need to collect, store, and analyze data. In production test, the key to achieving success is using standardized processes, systems, and data to improve development productivity, test station design quality, and operational efficiency.
From virtual assistants that can answer questions, to autonomous drones that can fly and unpack boxes, AI is transforming the way we work and the tools we use in our everyday jobs. The Tech giants are driving the adoption of advanced technologies in industry verticals thanks to continuous research and innovation.
The supply chain continues to dominate corporate discussion. Disruptions to the supply chain in the wake of the COVID-19 pandemic have had ripple effects far beyond what anyone could have imagined in the early days of 2020. Today, these effects are well understood. Experts are now looking for ways to make supply chains more resilient and agile. Artificial intelligence is often hailed as the solution to all of the supply chain’s woes. Is it really the panacea we need?
With 91.5% of leading businesses investing in AI on an ongoing basis, companies that refuse to embrace the future may find themselves being outpaced by competitors. As artificial intelligence offerings continue to expand, companies will need to increase their use of technology in the workplace to maintain relevancy in the competitive industrial sector.
By 2030, it’s thought that AI will make up $15.7 trillion of the global economy, and it is expected to have a particularly profound impact on manufacturing in the coming years. Here is how AI is shaping the manufacturing sector in 2022 and beyond.
Augmented reality, or AR for short, is quickly becoming a vital tool in industrial organizations. This futuristic technology has become much more accessible in recent years, to the point where even small and medium-sized businesses are looking to implement it in their operations. Is augmented reality really necessary for industrial companies, or is it a short-term fad that will fade out? We’re going to examine how industrial businesses are using augmentation today.
The more an industrial operation can leverage automation, the more profitable it will be. Industrial enterprises worldwide have recognized the value of industrial automation, and many are racing to automate as many tasks as possible. Likewise, companies have seen a need to add renewable energy to their infrastructure. This raises an interesting question: how can automation and renewable power work together? These two technologies have a synergy that few others can rival.
Energy production companies have operated under similar conditions for nearly a century. Oil and gas extraction, refinement, and subsequent energy generation have not changed dramatically since their inception. Granted, new technology has made these processes more efficient, but they are still overwhelmingly analog businesses. It’s time for this sector to make the leap and complete a digital transformation. The most successful players in the industry have already done so. How can your company make the transition to a digital environment?