AVEVA (Cambridge, U.K.; www.aveva.com) announced that KBR (Houston; www.kbr.com) has signed a multi-phase agreement wherein AVEVA will contribute to KBR’s digital transformation, which will help to deliver significant cost savings and to provide service excellence to their clients. This agreement…
Pöyry (Helsinki, Finland; www.poyry.com) and Infosys Ltd. (Bengaluru, Karnataka, India; www.infosys.com) today announced the release of Krti 4.0 Artificial Intelligence (AI) Framework for Operational Excellence. The framework overcomes some complex and expensive lifecycle management challenges faced by industry, utilities and…
Siemens AG (Munich, Germany: www.siemens.com) and Bentley Systems (Exton, Pa.: www.bentley.com) announced today the introduction of PlantSight, resulting from development together based on their highly complementary software portfolios. PlantSight is a digital solution to benefit users through more efficient plant…
Emerson (St. Louis, Mo.; www.emerson.com) announced it has agreed to acquire Intelligent Platforms, a division of General Electric. Intelligent Platforms’ programmable logic controller (PLC) technologies will enable Emerson, a leader in automation for process and industrial applications, to provide its…
A new materials-discovery platform that relies on machine-learning enables scientists and engineers to conduct large-scale searches and predict material properties from atomic structure data. Known as Xaedra, the artificial intelligence platform allows users to define desired properties and quickly identify…
Fluor Corp. (Irving, Tex.; www.fluor.com) and IBM (Armonk, N.Y.; www.ibm.com) announced today the use of artificial intelligence-based systems to predict, monitor and measure the status of engineering, procurement, fabrication and construction (EPC) megaprojects from inception to completion. Fluor’s extensive engineering,…
Mitsubishi Heavy Industries, Ltd. (MHI; Tokyo, Japan; www.mhi.com) has launched Energy Cloud Factory, a new service package that utilizes artificial intelligence (AI) and the internet of things (IoT) technologies. The cutting-edge energy solution was unveiled today at Mitsubishi Hitachi Power…
In the companies’ latest Alliance Board meeting, Bentley Systems, Inc. (Exton, Pa.; www.bentley.com) and Siemens AG (Munich, Germany; www.siemens.com) decided to further strengthen their strategic alliance. The two companies have decided to extend their existing agreement, to further develop their…
If you haven't already started, don't be left behind. Follow these three steps to begin the process “Digital” is a pretty popular term today, used to describe nearly anything online, on a computer or related to any disruption facing an…
Data analytics, connectivity and machine learning are helping processors maintain facilities in a more cost-efficient way Modern technologies, such as smart sensors, data analytics, the industrial internet of things (IIoT) and machine learning, are changing the face of maintenance to…