Why 85% of Machine Learning Projects Fail – How to Avoid This
According to Gartner, 85% of Machine Learning (ML) projects fail. Worse yet, the research company predicts that this trend will continue through 2022. Does this point to some weakness in…
A Plant Asset Management Strategy Must Reflect the Next Normal Situation
The COVID-19 outbreak has accelerated a digital transformation (DX) in the manufacturing industry, notably in the area of enterprise asset management. With the emergence of Industry 4.0, maintenance has stepped…
[Report] Uniper Power Generation Report: Focus on India
This report from Uniper take a comprehensive look at India’s new energy future, including the Indian “trilemma”, which includes 1) The impact of Covid-19 on energy demand, 2) Reimagining coal…
Adopting IoT for Manufacturing Sector: Its Impact and Applications
McKinsey’s Global Institute predicts that IoT will have an economic impact of around $11 trillion by the end of 2025. The growing demand for automation, centralized monitoring, and predictive maintenance…
Smart Buildings: Using IoT to Safeguard the Workplace
The COVID-19 pandemic has forced a complete re-evaluation of our physical spaces, including the workplace with smart buildings and smart factories. Employees and consumers won’t set foot in facilities they don’t believe to…
A Road Map for IT/OT Convergence and Data-Driven Decision Making
Today, survival of the fittest is linked not to size or strength but to the ability to change — to move quickly, adapt, seize opportunities, and be agile. In addition,…
The Beginner’s Guide to AI in Manufacturing
Manufacturers today face a highly competitive environment with rising costs of materials and resources. The nominal price of steel, for example, has increased by 167% since the turn of the century while energy…
Expert Services – Crucial To Maximizing Business and Operational Resilience
From C-Suite decision makers, to shop floor staff, stakeholders at every level are confronted by near daily volatility – almost no one in today’s businesses are immune. The relentless pace…
What makes a building smart?
“A new breed of living buildings is appearing in today’s “All Digital” and “All Electric” world. These buildings, which can think, sense, and adapt, will be the cornerstone of modern,…
Supply Chains Requirements in a Post-COVID-19 World
Nearly 70% of retail and manufacturing had already begun digital transformation projects before the COVID-19 pandemic, turning the supply chain ecosystem on its head. In a post-COVID-19 world, those digital…
Demystifying IIoT Implementation
Many industrial businesses today see IIoT as a solution to the 21st century business issues they face. There’s ever-increasing pressure from shareholders for better financial results, to generate greater returns…