The predictive analytics market is on the cusp of a dramatic expansion, potentially reaching a monumental size of USD 55.5 billion by 2032 from USD 12.8 billion in 2022. This growth, anticipated to occur at a compounded annual growth rate (CAGR) of 15.8%, underscores the escalating significance of
The world of manufacturing is undergoing a transformative shift, significantly driven by the rise of the Internet of Things (IoT). This surge in interconnected devices is revolutionizing industry operations. However, with advanced IoT ecosystems come numerous security challenges. Markus Nispel, CTO
Artificial Intelligence (AI) is revolutionizing the metal cutting industry, transforming how modern manufacturing operates. By integrating advanced algorithms and machine learning techniques, AI-driven metal cutting enhances precision, efficiency, and productivity. This transformative technology
Midway through 2024, the food manufacturing industry faces a multitude of evolving trends and ongoing challenges, necessitating increased collaboration between manufacturers and processing partners. This collaboration is increasingly vital as companies navigate the complexities of fluctuating raw
The quest for enhanced energy efficiency is driving a wave of technological advancements in the power electronics sector. These innovations are not only transforming the way energy is managed but also significantly contributing to the global push towards sustainability. From the latest in
The manufacturing sector has emerged as a prime target for cybercriminals, leading to a surge in cyber attacks over the past three years. According to the IBM X-Force Threat Intelligence Reports of 2024, more than 25% of security incidents last year were aimed at this industry, highlighting the
