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The energy and resources sector is undergoing a profound transformation driven by the global push toward sustainability, energy technological advancements, geopolitical risks, and increasing regulatory pressures in some areas of the world. Every digital fabric has horizontal and vertical digital threads. Digital twins are no different.
It is for these same reasons that some RaaS (Ransomware as a Service) offerings utilize the language as well. “ The Snake ransomware targets files associated with SCADA platforms, enterprise management tools, and system utilities. One such example would be Project Root.
We rely on machines to ensure water comes out of our faucets, heat our homes and businesses, fill our cars with petrol or electricity, construct and maintain roads, transport people and goods, provide medical images, and manufacturing more machines. In this sector, the ratio of gross plant, property, and equipment (aka. trillion by 2050.
New developments in renewable energy are making headlines and inspiring hope in communities worldwide, from a remote Arctic village working to harness solar and wind power under challenging conditions to a U.S. Air Force base planning an advanced, utility-scale geothermal power system. Let’s take a look at both.
As more countries, companies and individuals seek energy sources beyond fossil fuels, interest in renewable energy continues to rise. In fact, world-wide capacity for energy from solar, wind and other renewable sources increased by 50% in 2023. What is renewable energy? trillion in 2023. trillion in 2023.
Renewable energy , also known as clean energy, is produced from natural resources that are generated and replenished faster than they are consumed—such as the sun, water and wind. Most renewable energy sources produce zero carbon emissions and minimal air pollutants.
Delivering on the benefits of data: How utilities can get the first-mover advantage. With the energy transition underway, there is a similar bold “rethink” taking place in the way energy companies view solutions, particularly around managing data. ravi.kumarv@cgi.com. Tue, 04/16/2019 - 04:29. Data is fuelling the future.
At both OpenText™ Enterprise World Europe and Enterprise World Asia, I spoke with a number of customers about using digital technologies, especially predictive analytics, to transform their maintenance activities and optimize asset performance. appeared first on OpenText Blogs.
Manufacturing has undergone a major digital transformation in the last few years, with technological advancements, evolving consumer demands and the COVID-19 pandemic serving as major catalysts for change. Here, we’ll discuss the major manufacturing trends that will change the industry in the coming year. Industry 4.0 Industry 4.0
Artificial intelligence and predictive analytics: The new competitive advantage Artificial intelligence (AI) has evolved from a buzzword to a critical strategic tool for retail and CPG companies. In 2025, AI-driven predictive analytics are no longer optional but essential for survival in a hyper-competitive marketplace.
This is especially true in manufacturing and industrial engineering. which involves the integration of advanced digital technologies and IoT into manufacturing processes and connected devices that transmit and receive instructions and data. Smart components (phones, tablets, sensors, microprocessors and analytics).
As an example of what such a monumental number means from a different perspective, chip manufacturer Ar m claimed to have shipped 7.3 Data analytics The goal of data analytics is to take raw data and refine it into an understandable narrative that addresses business goals. There are approximately 7.8 million seconds in 3 months.)
Many managers in asset-intensive industries like energy, utilities or process manufacturing, perform a delicate high-wire act when managing inventory. Consider these questions: Do you have a platform that combines statistical analyses, prescriptive analytics and optimization algorithms? What’s at stake?
As the pace of digital transformation accelerates in the manufacturing and engineering industries, two concepts have gained significant traction: digital twins and digital threads. safety protocols, reporting procedures, manufacturing processes, etc.). However, the impact of each technology will vary depending on manufacturer needs.
For the first time, the rule establishes additional recordkeeping requirements for any US-based entity that manufactures, processes, packs or holds foods on the Food Traceability List. They will be able to: Utilize reporting to identify trends and risks within the product supply chain for mitigation and improvement.
Vibration analysis—a component of condition monitoring systems—utilizes vibration sensors to measure frequencies in an asset and detect abnormalities that may indicate a problem. These thresholds can be based on industry standards, historical data or manufacturer recommendations.
One business’ assets might be thousands of miles of electrical wiring, while another’s might be manufacturing equipment or warehouses. EAM systems are a combination of advanced analytics, management tools and services that work together to maintain (or control) the performance of operational assets.
Basic NAC Tools: eyeControl enforces and automates policy-based controls to reduce the impact of threats, incidents, and compliance gaps eyeSegment enables network segmentation and logical security zones at a granular level for basic security or to enable Zero Trust Network Architecture (ZTNA) eyeSight (the fundamental NAC license) discovers, classifies, (..)
These solutions are designed to acquire, classify, validate, and convert business inputs into valuable data for use in business transactions, analytics, records management, discovery, and compliance applications. All business inputs are interpreted to understand the content, and where and why it is needed.
These solutions are designed to acquire, classify, validate, and convert business inputs into valuable data for use in business transactions, analytics, records management, discovery, and compliance applications. These solutions are increasingly utilized in end-to-end automation of business processes.
We evaluated each feed based on the trustworthiness of its information source(s), the variety of information sources it pulls from, its range and depth of coverage, its contextual analysis and dashboarding capabilities, its security and compliance policies and procedures, and the utility of expert explanations and mitigation tips.
By 2030, according to IoT Analytics , we will be relying on some 41 billion IoT devices worldwide, up from 17 billion at the close of 2023. Infineon, for instance, is known for supplying secured, energy-efficient semiconductors and microcontrollers which are critical for IoT security. This, indeed, is what’s happening.
European Utility Week 2018: Top 5 takeaways and the call to ‘journey together’. This ancient African proverb sums up, quite accurately, the sentiment at the recently concluded European Utility Week (EUW) 2018. Blockchain is enabling the “democratization” of energy. Mon, 01/28/2019 - 23:45. “If
Sector-Specific Opportunities : The report identifies significant opportunities in sectors with advanced digital transformation, such as Banking, Insurance, Healthcare, and Manufacturing. Sectors with lower digital maturity, such as Legal and Education, show varied deployment speeds.
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