Tag Archives: AI

AVEVA expands collaboration with Microsoft with a focus on Cloud and AI to drive digital transformation in the manufacturing and energy industries

AVEVA will be extending its long-standing strategic collaboration with Microsoft to focus on accelerating digital transformation in the industrial sector. AVEVA will help maximise the value that customers can derive from the integration of AVEVA’s portfolio with Microsoft cloud services and especially Microsoft Azure (infrastructure, data and AI services), helping …

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BMW chooses Inspekto to bring AI to the factory floor

The BMW plant in Steyr, Austria, is the BMW Group’s largest engine plant worldwide. At the facility, the top priorities are quality, efficiency and the transformation to Industry 4.0 through the implementation of digital technologies at shop floor level. To improve all three, plant managers embraced Autonomous Machine Vision, a …

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Majority of UK firms now looking to AI to bolster their business

The coronavirus pandemic is set to trigger greater investment into artificial intelligence from UK businesses, new research by Fountech.ai has revealed. The AI think tank commissioned an independent survey among 430 senior decision-makers in UK businesses. It found that only 16% of business leaders are aware of AI being used within their organisation at present. The majority (53%) …

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Advantech and BrainCreators announce an edge solution for visual inspection and observation

BrainCreators and Advantech have announced an edge solution for automating visual inspection and observation. The end-to-end solution will combine the edge computing technology of Advantech with the BrainMatter platform for intelligent automation based on AI. This allows BrainMatter to perform automated tasks on-the-edge of innovative Internet of Things (IoT) devices …

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Microchip partners with machine learning software leaders to simplify AI-at-the-Edge design

Microchip Technology has partnered with Cartesiam, Edge Impulse and Motion Gestures to simplify ML implementation at the edge using the company’s ARM Cortex based 32-bit micro-controllers and microprocessors in its MPLAB X Integrated Development Environment (IDE). Bringing the interface to these partners’ software and solutions into its design environment uniquely …

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Cloud identified as the single most important solution to surviving and thriving in today’s “New Normal”

Industrial organisations are opting for Cloud, Digital Twin, Artificial Intelligence (AI) and automation technologies to address the complexities of today’s challenging macro-economic environment, according to AVEVA. At a recent virtual press panel, hosted by the company and moderated by Craig Resnick, Vice President, Consulting, ARC Advisory Group, industry leaders exchanged views on …

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Wood and Aspen Technology to deliver predictive maintenance solutions driven by AI

Aspen Technology and Wood have announced a new partnership that will offer Wood’s clients Aspen Mtell asset performance management (APM) technology for predictive and prescriptive maintenance. The partnership will enable global enterprises to improve the performance of their manufacturing and facility assets through a maintenance solution built upon industrial artificial intelligence and machine learning. Aspen Mtell …

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AVEVA secures $5bn transformative acquisition of prized US software asset

AVEVA is to acquire OSIsoft for $5.0 billion. AVEVA and OSIsoft will combine their complementary product offerings, bringing together industrial software and data management to help customers in industrial and essential organisations accelerate their digital transformational strategies as efficiency, flexibility, sustainability and resilience become increasingly urgent requirements for customers. OSIsoft’s …

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WEG acquires AI and machine vision start-up

As part of its increasing investment in digital technologies, WEG has acquired control of a new artificial intelligence (AI) business. Mvisia is a Brazil-based machine vision start-up that specialises in applying AI tools in industry. WEG’s acquisition of the start-up is part of the company’s strategy to grow its digital offering and meet Industry 4.0 demands. With the new agreement, WEG owns a 51 per cent share of the capital of Mvisia, with the potential to increase its participation …

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Registration now open for Digital AI Conference presented by Mouser

Mouser Electronics has announced its first Digital AI Conference. The free, interactive online event will offer a multitude of enlightening activities focusing on artificial intelligence (AI) and machine learning technology, specifically on how new innovations are driving intelligence and automation in robotics and smart homes. There is no charge to register for …

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