Can the digital twin be the core of Industry 4.0?

The core body of the technical transformation is through AI, cloud, blockchain technology, and the Internet of things. The heart of the transformation is believed to be through digital twins. As per IDC estimations, digital transformation will attract investment of up to $2.3 trillion by 2023. Through holistic strategy, a digital twin can transform the company plan, business synchronization, and operation goals by delivering optimal … Continue reading Can the digital twin be the core of Industry 4.0?

Will Global spending on cloud applications be $500 billion?

Over the year, cloud computing has taken a row over multi-billion companies as well as mid or small-size companies. Cloud technology is just not into one segment but got diversified applications with different segments using it as per their budget. Let’s look at the forecast by Gartner. As per Sid Nag, research vice president at Gartner, “The cloud is an integral part and driver of … Continue reading Will Global spending on cloud applications be $500 billion?

Global 3D market to be doubled by 2024?

According to StockApps, by 2024, the global 3D market is going to be $25 billion market, double the present market value. In 2021, the 3D printing market revenue was expected to be nearly 40%, $17.6 billion. According to statistics, “the strong upward trend will continue in the following years, with sales increasing by 43 percent by 2024. By 2026, the entire sector is expected to … Continue reading Global 3D market to be doubled by 2024?

What are the top 10 predictions in the IT industry?

As per Rick Villars, vice president of Worldwide Research, IDC Group, “Digitalization is now an integral but dynamic part of our world. The IT and communications industry itself will be one of the most changing industries over the next few years.” “CIOs need to build procurement, development, and service teams that align with as-a-service and results-oriented technology delivery models. The main task of ICT providers, … Continue reading What are the top 10 predictions in the IT industry?

What is Anthropomorphism in HRI?

HRI is commonly referred to as Human-Robot interaction. It is an emerging field in the robotic environment. It is focused mainly on the notion of how robots interact with a human. In the 1940s, Isaac Asimov coined the term Robotics and raised many questions regarding the human and robot relationships. Such as, Hence, HRI can be distinguished as how robots interact with people in the … Continue reading What is Anthropomorphism in HRI?

Which are the top technology trends in 2023 by Gartner?

According to the latest press release by Gartner, the technology trends in 2023 are:- Sustainability: It is going to play an important role in the technology trends in 2023. Companies need to become more efficient in the use of raw materials, resources, energy, and material including in the IT sector. The targets can be met with the use of transparency in the process, analysis, renewable … Continue reading Which are the top technology trends in 2023 by Gartner?

How to reduce greenhouse gas emissions?

As per the Net Zero economic index 2022, With the help of the Science Based Objectives (SBTi) program, more than 3,000 businesses and financial institutions are reducing their emissions following science-based targets. Due to the significant challenge (expensive investments and a lack of technical solutions, for example) and the potential, it presents for businesses to save money, become more robust, and grow their market prospects … Continue reading How to reduce greenhouse gas emissions?

What is the Net-zero economic index in 2022?

The Net Zero Economy Index (NZEI) is an indicator of the progress made by G-20 members in reducing energy-related CO2 emissions and decarbonizing their economies. It is about setting science-based emissions reduction targets that are consistent with the scenarios, criteria, and recommendations for limiting global warming to 1.5 ° C. The amount of energy consumption concerning GDP and the carbon content of energy serves as … Continue reading What is the Net-zero economic index in 2022?

Is the switch to e-mobility slow or fast?

Well, we are not unknown of the demand for Tesla and some of the other e-car models. But is it fast enough for a complete switch to e-mobility to combat the CO2 targets? Or it is too slow for the transition process and yet it is unaware of us. According to Greenpeace environmental organization study, the auto industry will manufacture 400 million petrol and diesel … Continue reading Is the switch to e-mobility slow or fast?