New EU data privacy rules could affect business working with AI
Europe’s data privacy rules could drastically affect businesses working with artificial intelligence. The new European Union’s rules related to General Data Protection Regulation (GDPR) will come into effect in May 2018.
The new rules could pose problems for companies who are working with AI and expanding their operations in Europe. The gathering and use of data is fundamental in training artificial intelligence and using the technology to answer questions.
Thanks to the rise of IoT, companies from sports brands to pharmaceutical corporations are gathering more data than ever. The upcoming regulations crack down on data ‘profiling’, the ability of companies to use automation to determine characteristics of individual users. Continue reading “New EU data privacy rules could affect business working with AI”
Digitalization allows machine manufacturers to develop new business models
At the EMO 2017, Siemens is demonstrating the various connection and installation options of its high-performance and open cloud-based IoT operating system MindSphere for applications in the machine tool sector. The company is connecting over 240 different machine tools from over 140 manufacturers across the whole exhibition site using its “Manage MyMachines” app on MindSphere. In addition to this, machine manufacturers such as Heller are presenting new services and business models based on MindSphere to, for example, increase efficiency and productivity.
“The overwhelming willingness of machine tool manufacturers at the EMO to connect their machines to MindSphere shows the potential the sector sees in cloud-based digitalization solutions. Our cloud-based IoT operating system offers machine manufacturers many different ways to gain a competitive advantage by using their extensive domain expertise and developing high-performance applications for machine operators. Continue reading “Digitalization allows machine manufacturers to develop new business models”
It goes by many names – Industry 4.0, smart manufacturing, the Industrial Internet of Things (IIoT) – but whatever you call it, the idea of connected manufacturing is becoming increasingly pervasive. Indeed, it’s risen to such prominence that 2016’s Hannover Messe, where Industry 4.0 was the central theme, was opened by two of the world’s most powerful leaders – Barack Obama and Angela Merkel. Continue reading “Industry 4.0 has evolved from a disparate set of high-flown ideas around connectivity into a real practice”
How Manufacturers Handle Big Data Is Key to Boosting Productivity
Manufacturers have always had to sift through large quantities of data from their production lines in order to understand how their businesses are performing.
But with the increasing use of sensors and instrumentation to monitor, measure and automate the production process, the sheer quantity of information that manufacturers are now faced with has risen dramatically in recent years. Continue reading “How Manufacturers Handle Big Data Is Key to Boosting Productivity”
The objective of making an Intelligent Factory is based on the principle of industry 4.0, a hi-tech strategy of the German Government and industry associations. The purely technical pre-requisites for it must be delivered by cyber-physical systems and the Internet of Things. From now on even tool and mould making will travel on this path to the future of production technology. Continue reading “Industry 4.0 takes over tool and mould manufacturing”
Manufacturing organizations are faced with many challenges to bring new innovative products and services to market in short time and also to improve overall efficiencies. Industrial IOT or Industry 4.0 brings together many technology solutions for manufacturing organization to meet these challenges. Continue reading “How Manufacturing is Changed by Big Data”
The Internet of Things
When we talk about the Internet of Things (IoT), we tend to think of connected homes and smart devices making our lives easier and more efficient through technology. However when the IoT is applied to manufacturing, the potential for improvements are immense. By connecting multiple machines, a manufacturer can create an intelligent network reducing the need for intervention by operators. This transformation in manufacturing, through the application of IoT sensors, system logic and big data, is known as Industry 4.0 and has even been dubbed ‘the fourth industrial revolution’, says Klaus Dieter Rennert of Hitachi. Continue reading “Smart going-on: When Social Innovation meets the IoT”
“Disrupt or be disrupted within manufacturing”, Presented by Peter Dijkstra, Cisco at the Intelligent Sensor Networks Conference
The internet of everything changes the way we live, work and play. Business transitions in combination with technology transitions are driving the Internet of everything within the manufacturing space. Break digital silos to go ahead. Continue reading ““Disrupt or be disrupted within manufacturing”, Presented by Peter Dijkstra, Cisco”
Medical, automation, automotive, food and beverage, material handling—so many industries plan to take advantage of IIoT. Experts explain why.
Connecting various devices, systems and equipment together through an Ethernet platform has been going on for years in various manufacturing industries. Data about manufacturing machine performance and operation used to be loaded up to “dashboards” monitored by upper management. An overwhelming amount of data, though, shifted this effort from recording every single device operation to “management by exception,” where only certain bits of data were analyzed for importance. Continue reading “Which Manufacturing Industries Invest in IIoT and Why?”
Ready or not, the Internet of Things (IoT) is here to stay and the data it generates will be the driving force for future innovation and efficiency. According to Frost & Sullivan, 40 percent of all IoT data generated by 2020 will come from connected sensors. This data has already begun to affect many industries, and as IoT gains popularity, the uses for this data will grow.
Three industries that already are seeing the importance of gathering sensor data include manufacturing, marketing, and smart cities. Continue reading “Smart Cities, Manufacturing, Marketing Are Top 3 Industries that Benefit from IoT Sensor Data”