The mining industry is at a turning point due to increasingly complex challenges that will be addressed through the adoption of connected mining strategies. These new challenges have made it imperative that the industry as…
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The mining industry wasn’t the first to embrace Industry 4.0 and digital transformation generally, but it is accelerating adoption thanks to new technologies for collecting valuable data like drone systems, observing operations with cameras, measuring…
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Today, thanks to the proliferation of new devices and applications that add ease and optimization to daily processes, digitalization is permeating throughout even the most old-fashioned of industries. The definition of digital transformation is still…
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An abundance of new devices and applications that are adding ease and efficiency to daily processes are turning factory floors into digital havens. Known as “Industry 4.0”, or the fourth industrial revolution, the growth of…
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While digital twin technology was first pioneered in 2002, the digital twin market is rapidly expanding. The global digital twin market was capped at USD 3.1 billion in 2020, while some analysts predict the market…
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Who had the edge? Who claimed the Digital Twin Smackdown title and took away the championship belt? “Digital Twin: SMACKDOWN,” was held November 11, and pit Rob Tiffany, VP and Head of IoT Strategy at…
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Today, digital transformation is typically focused on the enablement of better products, services, experiences, or business models, and at the heart of such transformation is data. Edge AI, IIoT, or on-Device AI are all forms…
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Automation is a form of technology that mechanizes a repetitive process, thereby reducing the need for human assistance. Today, thanks to innovative technology, automation can describe anything from self-checkout lanes at the grocery store to…
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With every passing day, digital transformation begins to truly seep into every industry. Innovative new devices and applications are adding ease and efficiency to a myriad of daily processes for businesses of every size, with…
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According to a recent report by ResearchAndMarkets, the size of the Digital Twin market is expected to reach $63.5 billion by 2027, rising at a growth rate of 41.7%. The “Global Digital Twin Market By…
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