The Trend of ‘Retrofitting’ in Smart Manufacturing and Buildings Efficiency

2020-03-13 by Terenty Marinich

Retrofitting is developing at a full speed in the manufacturing industry. As the competition in the sector is razor-thin, every way to save operational spendings is pretty valuable, so turning to implement it in a clever fashion. The representatives of manufacturing companies should put a tremendous effort into improving their...

The Domains within the Manufacturing Industry: Facts, Figures, and Predictions

2019-06-21 by Dmitri Koteshov

Is there a way to stop progress? If you are a die-hard fan of modern innovations and keep up with recent technological trends, this question is rhetorical. According to Gartner, last year, the volume of the IT industry as a whole has amounted to approximately $3.65 trillion - an annualized...

IoT for Modern Logistics: Everyone Is a Winner

2019-02-12 by Dmitri Koteshov

Nowadays, global spendings on IoT across various business domains don’t cease growing. The International Data Corporation (or simply IDC) predicts that by 2020 this number will grow to $1.2 trillion. The compound annual growth rate (CAGR) will reach 15.6%. Many professionals in the logistics sphere use new resources to improve...

Inside a Smart Factory: New Paradigms, Difficulties and Profits

2018-10-31 by Dmitri Koteshov

Like anything that’s new, the terms “digital manufacturing”, “Industry 4.0”, “smart factory” are often confused, but in fact, all of these concepts represent the currents of a single trend. I mean the automation of individual machines and separate processes has evolved into full integration of all elements into a single...

AI in Manufaturing is Your Investment in Future

2018-10-23 by Dmitri Koteshov

If you browse through IT-related news or visit technology blogs all over the Internet, you might have come to realize that Artificial Intelligence (or simply AI) is omnipresent. It is used in numerous fields and industries, including finance, healthcare, education, transportation, and more. AI may even shed some light on...