article thumbnail

Energy management in manufacturing: Tends, innovations and modern solutions

Dataconomy

and the Industrial Internet of Things (IIoT) for more than 10 years, what is the biggest challenge for manufacturing companies? The European strategy in this area is ambitious, with a target to reduce CO2 emissions by 55% by 2030 and net-zero by 2050. trillion by 2030. You have been involved in Industry 4.0,

article thumbnail

Energy management in manufacturing: Trends, innovations and modern solutions

Dataconomy

and the Industrial Internet of Things (IIoT) for more than 10 years, what is the biggest challenge for manufacturing companies? The European strategy in this area is ambitious, with a target to reduce CO2 emissions by 55% by 2030 and net-zero by 2050. trillion by 2030. You have been involved in Industry 4.0,

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

From Bolts to Bots: How AI Is Fortifying the Automotive Industry

Smart Data Collective

billion on AI by 2030. So many smart devices have started to connect and communicate over the internet, that the term Internet of Things (IoT) has been coined to describe these “network-aware” devices. AI technology is becoming an integral part of many industries. The automotive sector is a prime example.

AI 131
article thumbnail

Differentiating Between Data Lakes and Data Warehouses

Smart Data Collective

billion by 2030. On the other hand, data lakes store from an extensive array of sources like real-time social media streams, Internet of Things devices, web app transactions, and user data. The market for data warehouses is booming. One study forecasts that the market will be worth $23.8

article thumbnail

Sustainability trends: 5 issues to watch in 2024

IBM Journey to AI blog

Instead of seeing things as disposable, it encourages the reuse and recycling of products. trillion in economic benefits by 2030. The goal is for there to be more nature by 2030 than there is today—which means taking actionable steps in 2024. Research expects that transitioning to a circular economy could generate USD 4.5

article thumbnail

Best AI crypto tokens for investment in 2024

Dataconomy

From a generous estimate, VanEck, an investment manager, predicts that AI crypto could generate as much as $51 billion by 2030. AIs are creating the next-generation ideas of an ‘internet of things’ where all things will talk to each other. Space is boundless. ai (FET) Fetch.

AI 103
article thumbnail

How the Technology Industry Can Speed up Environmental Protection Efforts

Dataversity

Even with full implementation of emissions targets set for 2030, the planet is expected to heat up by 2.4°C The recent UN Climate Change Conference (COP26) revealed a massive credibility gap between government current policies and their net-zero goals. C by the end of the century.