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Applications and innovations in the Internet of Things (IoT)

hackerearth

The Internet of Things (IoT) is a system of interrelated devices that have unique identifiers and can autonomously transfer data over a network. IHS Technology predicts that there will be over 30 billion IoT devices in use by 2020 and over 75 billion by 2025. Smart home technology is also known as home automation or domotics.

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Five Technology Trends Driving Manufacturing (Are you on Board?)

Daniel Burrus

New manufacturing plants will utilize the latest technologies in an effort to increase productivity and competitive advantage. Due to the fact that technology-driven exponential change affects everything, manufacturing businesses must always keep up. . Five Tech Trends Impacting the Manufacturing Industry.

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The Top 5 Technology Trends That Will Drive Innovation in 2018

hackerearth

Innovation is never easy, and in today’s world where everything is becoming digital, innovation is technology first and quite complex. Over the years, the linear model of innovation has been tweaked to include these variations—the phase gate model (e.g. photo editing software), and technology push (e.g. Machine Learning.

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In-Depth Analysis: The Power of Realtime Ops in Demand Forecasting

Acuvate

Real-time operations and Predictive Analytics Real-time operations in demand forecasting involve harnessing data, analyt ics, and technology to generate insights that can seamlessly adapt to real-time market fluctuations. This is usually done through a blend of machine learning, statistical modeling , and d ata mining.

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Smart Factory 101 A Data, AI, Cloud and Workforce Revolution in the Making

Acuvate

But before that, let’s understand where the manufacturing world is with Smart Factory today and where this technological intervention is headed. In addition, the increased efficiency of these technologies has made it possible to keep up with rising consumer demands and shorten production timelines.

Data 52
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Smart Factory 101 A Data, AI, Cloud and Workforce Revolution in the Making

Acuvate

But before that, let’s understand where the manufacturing world is with Smart Factory today and where this technological intervention is headed. In addition, the increased efficiency of these technologies has made it possible to keep up with rising consumer demands and shorten production timelines.

Data 52
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How to Address the Supply-Chain Staffing Crisis

Harvard Business Review

In addition, the costs of producing materials, manufacturing goods, and providing services is rising due to labor costs. For small to medium enterprises, this means margins may be squeezed to the point to where they can no longer compete in today’s hyper-competitive global marketplace.

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