Every year, Gartner, one of the biggest and most well-known analyst firms, releases Hype Cycle reports of how a technology or application will evolve over time. Some technologies start as innovation triggers, while others are classified in the peak of inflated expectations or the trough of disillusionment. Some technologies are marked as obsolete before they even reach the … [Read more...] about The industrial metaverse: How you can build a metaverse for manufacturing
Thought Leadership
3 key ways machine learning can help (or harm) your business
This is the year an overwhelming majority of enterprises are seeing value from their investments in artificial intelligence (AI) and machine learning (ML). According to a 2022 survey by NewVantage Partners, 92 percent are now achieving returns on their investment, up a stunning 44 percent from 2017. More than 26 percent of those surveyed have these systems in widespread … [Read more...] about 3 key ways machine learning can help (or harm) your business
3 ways your bad data can generate inaccurate digital twins
All kinds of industries are adopting and benefitting from digital twins. In manufacturing, digital twins are a simple monitoring solution to track production and can replicate the entire physical shop floor. In the transportation industry, digital twins can replicate trains, process real-time GPS positions of their current position, and detect anomalies by measuring several … [Read more...] about 3 ways your bad data can generate inaccurate digital twins
3 ways to make long-lasting ESG goals with data and analytics
Environmental, social, and corporate governance (ESG) seems to pop up everywhere lately, with many large companies announcing sustainable and social initiatives. But how does a business decide what kind of initiative to focus on? The short answer is data. ESG data provides enterprises with the information they need to decide where to focus their efforts to improve … [Read more...] about 3 ways to make long-lasting ESG goals with data and analytics
The coming EU AI regulation: 6 “must know and do” imperatives
Data and analytics leaders know artificial intelligence (AI) is key to getting and acting on the insights needed to thrive in our “new normal.” Despite the benefits AI can provide for predictive and prescriptive analytics and automation, AI has also become a topic of concern around the potential for biased, harmful outcomes. To address these concerns, the European Union has … [Read more...] about The coming EU AI regulation: 6 “must know and do” imperatives