Executive Overview
There's a lot of mystery over big data. In a recent ARC survey, 38 per-cent of respondents did not understand what it was, or why they should care. For many industrial companies though, big data will manifest itself as data from the Industrial Internet of Things (IIoT). In classic big data style, IIoT data will arrive faster, from more data sources, and accumulate in greater volume than most industry observers have anticipated.
Executive Overview
ACHEMA, held every three years in Germany, is the world's largest and most important event for the process industries. Topics covered include process engineering, laboratory technology, plant engineering and construction, instrumentation, control, and automation, and I -- in recent years -- the cross-topical themes of biotechnology and environmental protection.
Process safety and cybersecurity are distinctly different disciplines, but there is growing realization that they are related.
Specifically, today's industrial organizations face the common imperative of determining the appropriate response for each combination of desired security and safety for various parts of their industrial control systems.
The Offshore Technology Conference's (OTC) new event, d5: The Next Big Thing, debuted at the University of Houston after OTC 2015. d5 was unlike any other energy industry event that ARC Advisory Group has attended.
The worldwide enterprise software market declined by 3.7 percent year-over-year in the first quarter of 2015. The euro depreciated relative to the dollar by over 17.6 percent from 1Q2014 to 1Q2015. This exchange rate fluctuation had a substantial negative impact on the US dollar value of euro-denominated sales and the overall reported growth rate of the market.
The notion of teaching machines to think, or at least act like humans, has been around since machines become capable of replacing human work. When Alan Turing developed the theory of computing and conceived the notion of powerful computing machines in the middle of the 20th century, he helped usher in the age of computing. He also posed the famous question, "Can machines think?" and created the equally famous Turing Test of a machine's ability to mimic human behavior.
In June, ARC Advisory Group attended the first Industrial Internet Energy Summit hosted by HP at its Houston campus. This one-day gathering of the Industrial Internet Consortium brought together thought leaders to explore how Industrial Internet is transforming various segments of the energy industries.
India's information technology (IT) services continues its upward momentum as most of the IT services companies covered in the report exhibited above-average growth. In this report, we analyze the fourth quarter of financial year 2014-15 of India's IT sector and compare it with same period the previous year.
This year's edition of the triennial ACHEMA trade show in Frankfurt, Germany, attracted more than 166,000 visitors and 3813 exhibitors from 56 countries. For the first time, more than half of the exhibitors came from outside Germany.