Software Defined Automation raises $10M in seed round Constanze Schmitz Thu, 12/01/2022 - 06:05

 

Black Swans Everywhere

One of the things economists and industrial end users have in common is: Both hate black swans.  But what is a Black Swan? Nassim Nicholas Taleb's Black Swan Theory explains it this way: “What we call here a Black Swan (and capitalize it) is an event with the following three attributes. […] rarity, extreme 'impact', and retrospective (though not prospective) predictability.” Black Swan events are outliers, cannot be anticipated and thus lead to unpredictable indirect effects. 

How to Improve Safety, Resilience, and Sustainability with Reduced Effort and Cost Steve Clouther Tue, 11/22/2022 - 14:09
The process industry is very concerned about how to improve safety and has increased spending to levels that have become a concern in itself.  The industry is also committed to sustainability.
Rising Government Sector Demand Drives GIS Market Growth Steve Clouther Tue, 11/22/2022 - 11:37
A geographic information system (GIS) is a class of databases that includes tools for managing, analyzing, and visualizing geographic data.

Siemens cooperates with Hilscher in the IPC market

The communication landscape of today’s industrial automation is very heterogeneous, as a result machines and production systems connect via a variety of network standards. Siemens and Hilscher, a German supplier of industrial communication solutions, are now cooperating to provide users of SIMATIC IPCs with flexible access to all common fieldbus and real-time ethernet systems.

IPCs and delivery problems of electronic components

These last weeks, I had the opportunity to talk to many stakeholders of industrial automation. Not only several Industrial PC and controller manufacturers, such as Beckhoff, Pepperl+Fuchs, Siemens, WAGO, but I also talked to their customers, like machine builders and system integrators. A recurring theme was the unprecedented long delivery time and the steep price increase for electronic components and automation controllers. Particularly the buyers of IPCs suffer strongly from it.

ACP Offshore Wind Conference Shows the US Gaining Momentum Steve Clouther Thu, 10/27/2022 - 14:42
At the American Clean Power (ACP) offshore wind conference Oct 18 and 19, 2022 in Providence, RI, it was clear the offshore wind industry has gained momentum.
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