Internet Of Things has always played a significant role in the retail industry, stocking and warehousing. And its value is projected to rise from USD 14.5 billion in 2020 to USD 35.5 billion by 2025, at a CAGR of 19.6% The term Internet of Things was coined by Kevin Ashton when he was faced with …
The Impact of Internet of Things (IoT) in the Retail Industry Read More »
In our rapidly changing world, product manufacturing organizations are increasingly searching for ways to improve their efficiency in delivering outstanding throughputs. Digital Twins is becoming an ideal technology solution for manufacturers and process engineers that helps companies to monitor operations in real-time, control and even enable machines to learn, improve and heal themselves. A study …
How to Drive Innovation and Agility Using Digital Twins Technology? Read More »
Globally the impact of AI is increasingly growing year on year in every industry sector. Opening new scopes in construction & architecture sector, the global AImarket is estimated to grow at a CAGR of 29.4% (around) from 2019 to 2026 and is expected to reach around US$ 2.1 Billion by 2026. The potential use of …
AI in Construction and Architecture Industry: [With Real World Use Cases] Read More »
A digital twin is a virtual or digital replica of a physical entity. In the Industrial Internet of Things (IoT) realm, a digital twin is the dynamic virtual copy of a physical framework, a vehicle, a machine, or any device. Most often, a digital twin is developed to carry out simulations before the actual device …
Digital Twins and IoT: Unlock Deeper Process Intelligence Read More »