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World’s largest manufacturers lose $1.5 trillion a year to production outages

manufacturers

The cost of downtime to large manufacturers and industrial organizations has rocketed since 2020, according to a new report from Senseye, the AI-powered machine health management company. Senseye’s True Cost Of Downtime 2022 Report reveals that unplanned downtime costs manufacturers at least 50 per cent more today than it did in the period 2019-20, due to spiralling inflation […]

Without people technology cannot deliver on its potential

At Perspectives, that opened Automation Fair in Chicago, Blake Moret, chairman and CEO of Rockwell Automation spoke with Jimmy Etheredge, CEO of Accenture for North America about the crucial role people play in the digital transformation. Blake Moret (BM): Let us start talking about the landscape from a workforce standpoint in terms of coping with […]

Biometric technologies and the danger of using emotion analysis

Biometric

The UK Information Commissioner’s Office is warning organisations to assess the public risks of using emotion analysis technologies before implementing biometric systems. The ICO has identified the following sectors where it anticipates that biometric technology will have a major impact in the near horizon (two to five years): The finance and banking sector – is […]