National Engineering Day celebrates £645bn economic powerhouse
Engineering is an economic powerhouse that employs eight million workers and generates 32 per cent of UK’s economic output. Engineering contributes £645 billion to the UK’s annual economy and drives manufacturing and innovation across the country. New research has been unveiled to celebrate UK’s National Engineering Day which aims to recognise the achievements of the […]
Industrial data hub aims to accelerate manufacturing digitalisation
A new industrial data hub aims to unlock the value of manufacturing data and accelerate technological change. Rockwell Automation has partnered with Cognite to create an industrial data hub ready for enterprise-wide scaling. The partnership combines Rockwell’s FactoryTalk software offering of next-generation edge connectivity to plant assets, operations management applications, and industry-tailored analytics with Cognite’s […]
Sustainability and ESG now at the centre of new Nokia technology
Sustainability issues have fuelled an upgrade of Nokia’s Environmental, Social and Governance (ESG) strategy. Sustainability will play a central role in the company’s operations and new technology products with a new Environmental, Social and Governance (ESG) strategy integrated into its business and technology strategies and focused on areas where it can make the greatest impact. Nokia has spent the past […]
STEM industries hampered by lack of workforce diversity
STEM (science, technology, engineering and maths) industries are suffering from a lack of workforce diversity in terms of education, says Dr Samantha Clark, academic liaison and outreach manager at Heriot-Watt University. STEM is vital to innovation and the world cannot continue to thrive without the work produced under STEM and the geniuses behind it. So […]
Data governance strategy is key to effective business management
An effective data governance strategy is critical for unlocking the full benefits of data-driven decision-making, enhanced business innovation, and improved collaboration. Data governance requires a system. It’s important to have a solid framework of the people, processes, and technologies involved. This uncovers actionable intelligence, maintains compliance with regulations, and mitigates risks. Here are the key steps […]
Robot AI and VR-constructed underground structure is a world first
Robot AI and VR technologies have been used to build the world’s first entirely robot-constructed underground structure. Robot AI digital twin and VR development by hyperTunnel’s new automated construction method can build tunnels more than 10 times faster and at half the cost of conventional methods. The approach is significantly friendlier to the environment and […]
Artificial intelligence trust gap leaves money on the table
Artificial intelligence is vital to business but organisations that use it don’t trust AI and still rely on manual data processes. Artificial intelligence capabilities lag far behind business ambitions, a failure of management that leaves money on the table according to a survey which shows that companies don’t trust AI enough to forego human decision-making. […]
Career opportunities with a degree in data science
Data science is one of the most in-demand skills and now is a perfect time to enter the industry. Data science is the process of using scientific methods and systems to extract key information from various forms of data and is vital to the successful operation of industry and commerce. Globally we’re projected to create, […]
Technology is failing to align with business objectives say CTOs
Technology is not aligned with business objectives, according to two-thirds of UK CTOs polled in a new survey. Sixty per cent of UK Chief Technology Officers (CTOs) believe that technology is not aligned with the business objectives in their organisation, according to new research from Deazy. The State of European Dev Ecosystem 2022 report revealed that […]
Lack of data proficiency threatens £190bn global tech market
Data proficiency is vital to the growth and success of the tech market but a lack of training and qualification is holding companies back. Data proficiency in areas such as AI is the catalyst for high-tech adoption and digital transformation but a lack of data literacy must be urgently addressed, according to new research by […]
Leasing is the fiscally prudent future of industrial procurement
Mike Fergusson, industrial sector at CHG-Meridian, explains why leasing is the present and future of prudent procurement. Nobody needs to tell any manufacturing or industrial business that times are tough. The supply chain remains compromised following Covid-related disruption; materials and energy costs are mushrooming, and inflation is affecting the price of everything: inputs, outputs and […]
The era of intelligent automation has finally arrived!
Alistair Sergeant, ceo of digital consultancy Equantiis, highlights intelligent automation and its implications for businesses, customers, and employees. Intelligent automation (IA) combines different technologies such as Robotic Process Automation [RPA], artificial intelligence [AI], machine learning and Optimal Character Recognition [OCR]. In an increasingly competitive business environment, companies will become increasingly reliant on IA for boosting […]
Artificial intelligence ‘existential threat to humanity’ say IT professionals
Artificial intelligence is an existential threat to humanity according to 49 per cent of IT professionals polled in a new survey. Artificial intelligence technology divides opinion with around half of IT professionals believing AI to be a threat and half considering AI as a positive enabler. According to the survey by the Atlas VPN team, nearly three […]
Industrial robot for production of wearable smart devices
Industrial robot technology has taken a leap forward with ABB’s new IRB 1010, its smallest ever industrial robot. Industrial robot IRB 1010 is designed to meet growing consumer demand for wearable smart devices. With its compact size, class-leading payload and unrivalled accuracy, the new IRB 1010 offers electronics manufacturers the opportunity to increase their production […]
IT architecture evolution to drive growth of hybrid working
IT architecture is evolving to combine devices, edge computing, cloud computing, network and artificial intelligence, according to a new study by Lenovo. IT architecture evolution will drive integration of existing hardware and data elements and fuel accelerated digitalisation across all industries. That’s according to the findings of a new Lenovo global research study of 500 […]
Metaverse adoption hampered by concern over network reliability
Metaverse adoption by business and industry is being held back by concerns over network reliability and infrastructure issues. Metaverse technologies and applications will become an increasing reality but current enthusiasm is tempered by concerns over core infrastructure issues. “The metaverse has been a hot topic this year and while many businesses are still navigating how it will […]
ESG data driving business cost savings and standards compliance
ESG data is vital for addressing climate change but it can also help businesses improve operations and save money, Nick Gibson writes. ESG data and its role in the net zero journey is part of a total market valued at $12 trillion according to a recent World Economic Forum report detailing sustainability technologies that address […]
Virtual reality and its marketing potential to feed consumer desire
Virtual reality has marketing potential to materialise consumers’ desires but also has a dark side, according to an academic study. Virtual reality and its potential and negative potential was analysed over a two year period by Dr. Chloe Preece, associate professor of marketing at ESCP Business School and the Royal Holloway and King’s College London, […]
Funding Xchange founder wins Innovator of the Year award
Funding Xchange founder Katrin Herrling has won a top award for innovation through FXE Technologies platforms. The Funding Xchange founder has been recognised as a winner in at the Women in Credit Awards for her contribution as a world leading innovator in the development of Portfolio Management platforms. The FXE Portfolio Monitoring solution was developed […]
API security vulnerabilities are growing in UK and USA
API security incidents are increasing with dormant/zombie APIs, authorization vulnerabilities, and web application firewalls the key issues. API security issues have been experienced by 76 per cent of USA and UK organisations according to a new report, ‘The API Security Disconnect: API Security Trends in 2022’ commissioned by Noname Security. The report reveals a rapidly growing […]
IoT solutions helping organisations tackle economic slowdown
IoT use is increasing as organisations seek to improve operational efficiencies and reduce costs. IoT solutions are being used by organisations in a bid to mitigate the effects of economic slowdown, according to a new State of IoT Adoption Survey by Eseye that suggests IoT growth will surge over the next two years. Over three […]
