by Brian Pereira | Aug 31, 2022 | MANUFACTURING, SMART FACTORY, INDUSTRY 4.0, TOP STORIES OF THE WEEK
Digital twins were first conceived by NASA in the 1960s when the organization would create physically duplicated systems at ground level to match systems in space. “However, it wasn’t until recent advances in innovative technologies – such as internet of things (IoT)...
by Brian Pereira | Dec 7, 2018 | BIZ NEWS, ENERGY & UTILITIES, ENERGY TECH, ENGINEERING AND DESIGN TECH, INDUSTRIES, IoT, TECH NEWS, TOP STORIES OF THE WEEK
Energy cost is a major overhead for manufacturing units. There is a lot of wastage due to idle machinery that’s powered on, or faulty machines consuming energy in an erratic manner. Studies show that SMEs (Small and Medium Enterprises) contribute more than 40 – 45% of...