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Why Mission-Critical Industries Need Custom Industrial Data Platforms

Acuvate

For example, predictive maintenance, an activity enabled by these technologies, has helped organizations increase asset lifespan by up to 40% and reduce downtime up to 50%. billion USD by 2025 , and IoT is expected to unlock the most economic potential in factories by 2030.

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Does AI Replace Human Work?

The BMI Lab Blog

The world is becoming more and more interconnected and narrow due to technology and is closely connected like a village. The internet of things (IoT) is moving towards an economy of things in which products, processes, machines and algorithms act autonomously to satisfy customers, produce goods and services and create business value.

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Data-Driven Approaches Helping Public Sector with Sustainable Water Management

Acuvate

Some 700 million people could be displaced by intense water scarcity by 2030. Smart Water Management (SWM) integrates complex systems and advanced technologies to monitor and control the usage and quality of water and maintain associated water assets (like pumps, pipes, etc.) What is Smart Water Management? Storage reservoir quantity.

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Continuing the Energy Transition Journey

Paul Hobcraft

Technology innovation, suggested new business models, outline proposals for changing policies, processes, and market design all are being “sketched out.” It is evident innovation must be way broader than just technological RD&D. Firstly , I have been looking a little more at the emerging focal point of Grid Edge.

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IoT-based Predictive Maintenance in Industry 4.0: The Way Forward

Acuvate

The preventive maintenance process requires organizations to invest in the right technologies and platforms to help relevant staff gain 360-degree visibility into asset performance and potential issues. billion by 2030? And machine learning algorithms are used to train the platform to identify errors of all types.