AI-driven inventory management systems process hundreds of demand-influencing factors and draw conclusions that increase forecast accuracy. This is according to Mikko Kärkkäinen, CEO and co-founder of RELEX Solutions. “In a world where uncertainty is the only certainty, grocery retailers are…
Why Industrial IoT can fail to improve operational performance
Business owners are bombarded every single day by companies trying to sell the magic bullet that is IIoT technology but beware the hype. In fact, your industrial IoT solution has a good chance it will just waste your time. It’s…
COPA-DATA, SIGMATEK and B&R invest in new centre for Intelligent and Secure Industrial Automation
Automation software developer, COPA-DATA is one of three companies investing in the new Josef Ressel Centre for Intelligent and Secure Industrial Automation (ISIA) at the Salzburg University of Applied Sciences. Collaborating with B&R Industrial Automation and SIGMATEK, COPA-DATA will lead…
Addressing manufacturing’s sustainability shortfalls
While COP27 reaffirmed the urgency of the climate crisis, concerns are rising around whether meeting global targets is feasible. But as world leaders debate whether enough is being done, many sustainability actions can be taken at a manufacturing level. Here,…
Revelation on birds flight poised to propel flapping drone development
It’s a bird…it’s a drone…it’s…a bit of both. It looks like the UAV (uncrewed aerial vehicles) industry could get an uplift, as a recent study by Lund University in Sweden assert to have broadened its understanding of bird flight through…
The Edge Hub appoints board leaders in technology and investment
The Edge Hub, an innovation and digital upskilling and business growth collaboration, has announced the expansion of its team and a unique global partnership along with several new roles to support the acceleration of skills delivery to businesses across the…
Edge computing will be key to combat zero-day attacks and IoT dangers in 2023
Balancing cybersecurity and user experience needs is no mean feat. As threats increase rapidly and customer demands spiral, it can be tricky for businesses to know where to focus their efforts to reap the most reward. In 2023, leaders will…
Siemens & Deloitte demonstrate industry 4.0 innovation at The Smart Factory @ Wichita
Siemens Digital Industries Software have announced the opening of eXplore Live at The Smart Factory @ Wichita, an experience centre convened by Deloitte that marries an ecosystem of organisations with business strategy and technology to demonstrate Industry 4.0. Located on…
Using digitalisation to create agile pharmaceutical production
Future-oriented manufacturing is all about flexible and responsive operations that can promptly address market demands based on data and new insights. With highly regulated manufacturing processes, can pharmaceutical production manufacturers embrace agile strategies to improve their competitiveness? The short answer…
The offshore drone inspection market is estimated to be valued at $1,456.8m by 2033
The market for offshore drone inspection is anticipated to reach $421.6m in 2023 and grow at a healthy 13% CAGR between 2023 and 2033. The various advantages offered by advanced drones, such as stability, low deployment costs, improved data quality,…
