There are no “normal” workdays anymore thanks to COVID-19, disrupted supply chains, newly emerged customers, and vanished historical customers. Businesses, employees, customers, and suppliers are in a daily struggle to adapt, to adjust, and to continue to have their businesses exist. The one item that every business group needs more of are new, innovative ideas.
The COVID-19 crisis sent shockwaves through global supply chains. As a report from Deloitte lays out, the disruptions created by curtailed transportation, volume stalls, and delivery delays “exposed the vulnerabilities of many organizations.” Lots of businesses, it transpires, lack business resiliency. As the Deloitte report correctly concludes, into the future, businesses need technologies that “dramatically improve visibility across the end-to-end supply chain, and support companies’ ability to resist such shocks.”
Noone can accurately predict the social and economic impact of the COVID-19 pandemic, but by combining economic scenarios with datasets and prior experience, we can assess its impact on the engineering, manufacturing, and industrial (‘technical applications’) software markets in general, and IIoT (industrial Internet of Things) in particular.
Our civilization is in the midst of both housing and environmental crises—and it is going to impact how we manufacture and build cities of the future. The IoT (Internet of Things), AI (artificial intelligence) and other emerging technologies can help us be more sustainable in a number of different industries.
The coronavirus COVID-19 pandemic is bringing most key business activities to a near complete halt. If you work in a product organization, activities that a few weeks ago were routine such as a team meeting for a critical design review or traveling to audit a new supplier are no longer possible.
War and conflict have been a ceaseless part of human history. The battle against the COVID-19 virus is an enemy no nation has ever met.
The typical construction process has remained the same over several centuries.
During the past six months, we have seen an increase in RFPs from facilities interested in some degree of smart-building integration within their greenfield construction projects.
Taking the Smart Approach to a Healthy Cyber Lifestyle. The potential smart-city benefits of greater efficiency, sustainability, and responsiveness come at a price:
Autonomous vehicles will fail to reach their full potential until ubiquitous and extremely reliable high-speed communications networks with very low latency are available.
Understanding and deploying the right technologies at the right time is pivotal to being successful in business today.
Against the backdrop of Climate Emergency Declarations, net-zero targets are the talk of the town.
Construction sales and backlogs are at all-time highs. Additional opportunities are expected with the highly anticipated government infrastructure deal. These are good times.
Nearly 1.25 million people die in road crashes each year, according to the Assn. for Safe Intl. Road Travel, and 94% of these crashes are caused by human error, says the National Highway Traffic Safety Admin.
According to a Kimberlite research, just 3.65 days of unplanned downtime a year can cost an oil and gas company $5.037 million.