The actions of industry leaders are often excellent indicators of the direction that the industry is taking. While sometimes more risk averse, industry leaders have both the resources and competitive motivation to more effectively pursue innovation as well as spearhead industry trends.
Global municipal waste is projected to continue its alarming upwards trajectory, with over 2.2 billion tons of solid waste expected to be generated annually by 2025.
The definition of IoT has always been rooted in the technological aspect of connectivity as well as the information-driven strategy it absorbs.
Last year, we published an article addressing how underwater data centres were attracting attention and becoming a trend among leading organisations in data storage.
In November 2011, the British government introduced what is now known as RHI – the Renewable Heat Incentive. Replacing another low-carbon programme, it was designed to encourage the public to adopt renewable heat generators in exchange for cash, aimed at both commercial and non-commercial property owners.
One of the biggest problems that solar energy faces in terms of viability on a large scale is its intermittency. The production process is lacking in stability and is thus unreliable, and to function smoothly for longer periods of time solar energy requires considerable effort from energy storage innovation. Similarly, this also applies to other renewable energies that aren’t a constant – such as wind energy.
One of the main stages of boring wells for the industry is completion, where finishing touches are applied before the wells are fully adapted for the industry.
The plans for IoT have been taking shape for over a decade now, but recently two main categories of IoT applications have emerged: Industrial IoT (IIoT) and commercial IoT for non-business usage.
While the transportation industry is slowly – but relatively determinedly – moving towards a landscape of vehicles powered by electricity, there remain several applications for which traditional fuels will likely remain unthreatened for many decades to come.
If the oil and gas industry is considered slow in its adoption of digital technology, there is one section of industry that typifies this: mining.