Smart Business

IIoT: Interview with Professor Dieter Kempf – Germany is Well-positioned

IIoT: Interview with Professor Dieter Kempf – Germany is Well-positioned

SI talked with Professor Dieter Kempf, the president of the German Industrial Association (BDI), about small to medium-sized businesses (Mittelstand) and the race to lead in IIoT.

Blockchain Smart Contracts: Mutually Reinforcing Power

Blockchain Smart Contracts: Mutually Reinforcing Power

Two young technologies are poised to remake business processes around the globe. Ubiquitous data access and control technologies (IoT) are now being combined with the “guarantee” of distributed ledger (aka blockchain) to produce startling new business opportunities.

IoT in Mining: Deep Connectivity

IoT in Mining: Deep Connectivity

lmost a mile below ground in an iron mine in northern Sweden, human operators control what is going on and plan their attack on valuable seams of iron ore. But unlike the hands-on extraction of decades past, these mining professionals are sitting in an office a thousand kilometers away, relying on IoT sensors, cameras, underground Long-Term Evolution (LTE) networks, and a powerful private cloud to guide their blasting and tunneling in real time with IoT in Mining.

Risk Thinking in Business Forecasting: Rethinking Risk

Risk Thinking in Business Forecasting: Rethinking Risk

Business Forecasting, as every manager knows, is essentially a guessing game but, now, in the age of IoT and AI, the ancient art of predicting the future based on past experience is being replaced by forward-looking strategies and scenarios. The magic phrase is “risk thinking”.

In AI We Trust: When And How Should AI Explain its Decisions?

In AI We Trust: When And How Should AI Explain its Decisions?

As artificial intelligence (AI) increasingly makes decisions, there are growing concerns around AI decisions making, and how it reaches its answers.

Biased Algorithms: Can AI be Evil?

Biased Algorithms: Can AI be Evil?

While killer robots may exist only in science fiction, a growing number of people inside and outside the world of technology are concerned that AI can do harm through embedded and latent prejudices.

Top Down: Why AI Initiatives need CIO support

Top Down: Why AI Initiatives need CIO support

According to a recent pre sentation at a Gartner event in Cape Town, South Africa, vital new digital initiatives – such as AI initiatives will ultimately depend on the CIO, in partnership with the chief of human resources, to help lead the cultural change that must accompany technology evolutions.

Intelligent Leak Detection: Plugging the Holes

Intelligent Leak Detection: Plugging the Holes

Water leaks, even small ones, can add up to large volumes of wasted clean water and – increased costs for property owners.

AI means Business

AI means Business

Around the world, artificial intelligence (AI) is almost everywhere. In just a few years, it has spread beyond something only technology nerds get excited about, to permeate every realm of business, from supply chains to hiring, manufacturing to marketing, and customer services to medicine.

Anti-collision technology: Automated Safety

Anti-collision technology: Automated Safety

While improved safety is the main benefit of anti-collision systems in mining, construction, and ports, many operations also see productivity and efficiency gains as a result of the technology investments. At the same time, anti-collision technology can be a stepping stone to remote control and even full automation of machines, vehicles, and equipment.