PLC Market - from boom to bust?

ARC has recently published the latest version of its PLC study and it shows a positive picture for 2017 and 2018. 2017 was a year many have not seen coming to this extent. Though, we had predicted the industry dynamics right, we were partly surprised by the prolonged and excessive spending in many industries, in China as well as in parts of Europe. 2017 was the best year in terms of growth since 2011, which was characterized by the recovery from the financial crisis.

Amazon Web Services Take on Industry

For industry users, Amazon Web Services (AWS) may still seem like the new kid on the block, but the company has been doing business since 2006. For most of its early years, AWS provided cloud-based computing and storage services to start-up companies that gladly embraced its cashflow-friendly pay-as-you-go model rather than investing a big chunk of their start-up capital in IT equipment.

 

Hitachi Launches AI-Assisted Predictive Maintenance Service for Petrochemical Plants

Hitachi, Ltd. announced that it has now started offering the predictive maintenance service for petrochemical plants. It makes use of artificial intelligence (AI) to automatically classify and analyze the petrochemical plant's operation status in preparation for the real-time detection of changes in conditions and abnormalities that may be signs of failure.
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