Author: David Smedley
Digitalization, Transparency, and Beyond Digitalization continues to dominate conversations across the EPC (engineering, procurement, and construction) industry. And for good reason. Projects are becoming more complex. Resources are stretched. Expectations keep rising. The conversation is no longer about why digitalization matters. It’s about how effectively EPCs can implement and scale digital initiatives to improve visibility, collaboration, and project performance. Companies that embrace connected workflows and realtime data will be better positioned to remain competitive in an increasingly demanding market. To learn more about how leading organizations are approaching this challenge, explore this Digitalizing Industrial Projects page. More information 1. The…
#Factoftheweek Are tech budgets up or down? Gartner suggests technology budgets are set to rise for 75% of CFOs. Nearly half are planning increases of 10% or more. Perhaps one of the more interesting points in the recent study is that the numbers point to an interesting trend to watch: AI (artificial intelligence) adoption is moving from pilot to scale. Let’s consider some of the numbers that contribute to this trend. · 60% of CFOs plan to increase finance function AI investments by 10% or more in 2026. · 24% expect gains of between 4% and 9%. · 47% are…
Where are tiny, nearly invisible particles called neutrinos coming from? Answering this question is easier said than done, but a new algorithm aims to answer this question. A University of Hawaiʻi at Mānoa student-led team has developed a new algorithm to help scientists determine direction in complex 2D data. The team found a formula that lets them match patterns in data and accurately pinpoint the direction of the source. The algorithm uses a mathematical tool called the Frobenius norm to measure differences between grids of numbers, effectively acting as a “distance formula” for large data tables. By rotating a reference…