The majority have companies have experienced at least one unplanned downtime outage over the past three years, lasting an average of four hours, according to new research.
Smart factories are set to become a revolutionary force of the manufacturing industry and provide a massive boost to the global economy, according to a new report by multinational information technology consulting company, Capgemini.
The UK still lags behind comparable countries in terms of intellectual property income per research resource and the number of successful spin-off companies.
The amount of companies with more than 50,000 connected devices active has doubled in the past 12 months, according to a new worldwide survey by Vodafone.
Global power and autorotation company, ABB, has announced the acquisition of GE’s global electrification solutions business in a deal designed to expand its access to the North America market.
This evening (Wednesday 20 September), a first-of-its-kind UK-US Science and Technology agreement has been agreed, outlining a commitment to collaborate on world-class research and innovation.
Increased digital investments by power plant owners are expected to create significant generation efficiency gains, driving down both operating costs and CO2 emissions.
