Aspen Technology, Inc., a global provider of asset optimisation software, has signed an agreement to acquire Mnubo Inc., a Montreal-based provider of purpose-built artificial intelligence (AI) and analytics infrastructure for the Internet of Things (IoT). Mnubo enables industrial companies to assemble and deploy AI-driven IoT applications quickly, at enterprise scale.
How can wind turbines on wind farms be fixed remotely? Will there be variable insurance policies that adapt to our driving behaviour? How can cyberattacks affecting the safety of autonomous cars be tackled? How can the water pollution of a river be monitored? How can energy losses in gas distribution networks be detected?
Tachyum Inc. announced it has appointed Kiran Malwankar to the position of vice president of System Engineering. Malwankar, a 30-year veteran of both pre-IPO companies and industry leaders, holds 21 U.S. patents in technologies such as I/O virtualisation, PCIe, storage virtualisation, and flash/solid-state media.
The field service industry continues to evolve from a traditional, tactical business function of installation, maintenance and repair into a strategic revenue generator and competitive differentiator.
Global Smart Factory Market is set to grow from its current market value of more than $75 billion (€66 billion) to over $155 billion (€138 billion) by 2025; according to a new research report by Global Market Insights, Inc.
Digital Twin Market size is set to exceed US $20 billion (€17 billion) by 2025; according to a new research report by Global Market Insights, Inc.
After 15 seconds the brain forgets information completely. When the brain is pushed to work faster, information is forgotten at a faster rate along with mental fatigue.
There are sales data metrics which are finally driving behaviour among manufacturers and distributors far beyond the plant floor and warehouse fulfillment operations. Knowing that it costs five times more to acquire a new customer than sell to an existing customer, the need for AI and IIoT driven data about these current customers is greater than ever before.
CEVA, Inc., the licensor of signal processing platforms and artificial intelligence processors for smarter, connected devices, and Nurlink Technology, Inc., a fabless IC design company specialising in cellular IoT wireless communications, announced the successful completion of the first over-the-air (OTA) call on China Telecom‘s NB-IoT network using the Nurlink NK6010 NB-IoT [...]
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