The restructuring of China's economy, the world's second-largest, is among five trends that will likely affect the world of maritime shipping, says Richard Clayton, chief maritime analyst at IHS Maritime & Trade.
Anyone managing a supply chain has to have a good head for logistics, coordinating a number of sources in manufacturing or procurement, negotiating for the best supplies at the best prices, and navigating a maze of partners on all levels. This means an extensive amount of time taken for inventory and cataloguing.
The ever-widening industrial digital ecosystem has manufacturers juggling rising investments in technologies with expectations these investments will lower costs and generate new revenue.
The fashion industry is undergoing the biggest change since the industrial revolution: Today's consumers prize instant convenience and authenticity. They want innovative new products, instantaneous information, to comparison shop, to easily return items that don't fit, and always get the best deal.
Digi International, a provider of products and services for machine-to-machine (M2M) and Internet of Things (IoT) connectivity, has introduced Digi Honeycomb.
Usage-based auto insurance (UBI) is a growing segment of the automotive insurance market, the result of a technological revolution as the Internet of Things continues to further influence various industries.
In a new survey, executives say senior-leader involvement and the right organizational structure are critical factors in how successful a company's analytics efforts are, even more important than its technical capabilities or tools.
Cloud technologies have already improved insights into business, according to 66 percent of respondents in a recent survey of manufacturers by Plex. In addition, 31 percent are either evaluating their Big Data needs and opportunities or plan to do so in the coming year - and 35 percent believe data analysis is the most important skill set for the next generation of employees.
It won't be long before smart devices are as ubiquitous as smartphones are today. Wearables and home appliances like Nest's smart thermostat have already taken off with consumers.
