Illustration: © IoT For AllAccording to a report by market research company Vanson Bourne, unplanned machine downtime costs manufacturers $260,000 for every hour of lost production, and 82% of manufacturers […]
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Back to news homeAnalytics as a service: Why more enterprises should consider outsourcing
Joey Lei Contributor Joey Lei is director of service management at Synoptek. With more than 14 years of experience in engineering and product management, Lei is responsible for the development […]
AI is Helping Forecast the Wind, Manage Wind Farms
Remote wind turbines, such as those located in the ocean, can be managed with the help of AI-powered condition management systems. (Credit: Getty Images) By John P. Desmond, AI Trends Editor […]
How Is Industrial IoT Revolutionizing the Manufacturing Industry?
Illustration: © IoT For AllThe Internet of Things (IoT) has been booming all around the globe for a decade. The most obvious focus of IoT is the consumer domain. However, […]