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Digital Twins in the Oil & Gas Industry

Acuvate

This is made possible with smart sensors and data transmitters that are connected to an Internet of Things (IoT) platform. Consequently, equipment reliability can be a significant issue demanding fact and data-based decision support for assets. Building a digital twin is an algorithmic process.

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How to create business models for 5G - and other disruptive technologies

The BMI Lab Blog

5G has been recently quite prominent in the news, especially pushed by smartphone manufacturers and mobile network operators praising the high data rates and bandwidth enabling new applications for private consumers. It is considered to be part of the internet of things (IoT). billion in 2027. What is 5G?