Digital twin

L&T Technology Services supports Marelli in Revolutionizing Automotive Infotainment with Digital Twin Technology

Retrieved on: 
Thursday, February 1, 2024
Software, Automotive, Engineering, Technology, Automotive Manufacturing, Vehicle Technology, Manufacturing, Mobile, Wireless, Partnership, Computing platform, Multimedia, CES, Qualcomm, Antirrhinum, Digital, Digital twin, Investment, DevOps, L&T Technology Services, Amazon Web Services, Glass, SDV, Magneti Marelli, Consumer Electronics Show, AWS

L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a leading global digital engineering and R&D services company, supports Marelli, a leading mobility technology supplier to the automotive sector in redefining the landscape of automotive infotainment and information cluster design through the introduction of Marelli’s groundbreaking Digital Twin solutions.

Key Points: 
  • L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a leading global digital engineering and R&D services company, supports Marelli, a leading mobility technology supplier to the automotive sector in redefining the landscape of automotive infotainment and information cluster design through the introduction of Marelli’s groundbreaking Digital Twin solutions.
  • View the full release here: https://www.businesswire.com/news/home/20240130254637/en/
    Marelli's Digital Twin with the support of LTTS, offers a virtual replica of the entire car electric-electronic architecture - from information cluster to infotainment.
  • (Graphic: Business Wire)
    Built on Amazon Web Services (AWS), with the support of LTTS, Marelli's Digital Twin provides a virtual replica of the entire car electric-electronic architecture - from information clusters to infotainment, and from Zone Control Units to body.
  • "This partnership is not only catalyzing unparalleled efficiencies in automotive software development but also spearheading the future of automotive infotainment through our groundbreaking digital twin offerings.

ClearBlade Unleashes Scalability in IoT and AI with Google Cloud

Retrieved on: 
Tuesday, January 30, 2024
Cloud, Synthetic media, Windows IoT, AI, Gen, Digital twin, Language, Environment, Generative, Safety, Google Cloud, Internet of things, Customer service

AUSTIN, Jan. 30, 2024 /PRNewswire-PRWeb/ -- ClearBlade, the industry-leading IoT Platform and Edge AI company, today announced that more than 250 Google Cloud customers have successfully migrated to ClearBlade IoT Core, with key customers ramping into advanced use cases in Digital Twins and Edge AI.

Key Points: 
  • In 2022, Google Cloud announced that it supported a partner-led model for IoT solutions, providing companies with many Google Cloud-approved IoT solution options.
  • "Our number-one goal was to make Google Cloud customers' use of ClearBlade as easy and painless as possible while allowing them to remain on the Google Cloud, the cloud they trusted for their critical IoT infrastructure," said Eric Simone, CEO and Founder of ClearBlade.
  • ClearBlade provided a free, automated migration from Google Cloud IoT Core to ClearBlade's IoT Core service within the Google Cloud infrastructure.
  • Existing Google Cloud IoT Core features were matched 1-for-1, including authentication, certificates, device flows, Google Cloud integrations, and more.

Object Management Group Announces Integration of Industry IoT Consortium with Digital Twin Consortium

Retrieved on: 
Thursday, January 18, 2024
Digital twin, OMG, Government, DTC, IIC, Internet of things, Security (finance)

BOSTON, MA, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Today, Object Management Group® (OMG®) announced the integration of two of its consortia: the Industry IoT Consortium® (IIC®) and the Digital Twin Consortium® (DTC™) .

Key Points: 
  • BOSTON, MA, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Today, Object Management Group® (OMG®) announced the integration of two of its consortia: the Industry IoT Consortium® (IIC®) and the Digital Twin Consortium® (DTC™) .
  • This integration will further expand OMG’s collaboration with industry, academia, and government, leading to increased adoption of digital twins and digital transformation.
  • “During the past several years, we have seen opportunities for increased collaboration and alignment between the IIC and DTC,” said Bill Hoffman, CEO and Chairman of OMG.
  • Combined IIC/DTC thought leadership will reside on the DTC website.

Matera's "Pix by the Numbers" Report Reveals Surge in 2023 as Businesses Shift Away from Credit Cards

Retrieved on: 
Tuesday, January 23, 2024
Software, Payments, Finance, Professional Services, Technology, Fintech, Digital Cash Management, Digital Assets, Mobile, Wireless, The Clearing House, Central bank, Core, Coinbase, Digital twin, PayPal, FIS, FedNow, ACH, Friends, Clearing house, RTP, Cash, TCH, QR, Number, Consumer-to-business, Venmo, Online shopping

The latest Pix by the Numbers report covers data through Q4 2023 and shows that the number of Pix transactions is 13% more than credit and debit combined.

Key Points: 
  • The latest Pix by the Numbers report covers data through Q4 2023 and shows that the number of Pix transactions is 13% more than credit and debit combined.
  • These include:
    Pix Continues to Accelerate Past Debit and Credit: Pix transactions for Q2 2023 totaled 9.4 billion vs. 4.4 billion credit card and 3.9 billion debit card transactions.
  • Credit and Debit Share of Transactions has been Declining Since Pix Launched: Pix accounted for 36% of all transactions in Q2 2023, up from 25% a year ago.
  • Fastest Growing Pix Use Case is Consumers Paying Businesses: 36% of Pix transactions in December 2023 were made by consumers paying merchants and billers instantly.

Hamsa and Matera Join Forces to Revolutionize the Banking Market With an Integrated Solution to Enable DREX Transactions

Retrieved on: 
Thursday, January 18, 2024
Technology, Payments, Finance, Fintech, Banking, Professional Services, Digital Cash Management, Digital Assets, Blockchain, Software, Entrepreneurship, Netto, Cryptocurrency, Director general, Partnership, CBDC, Digital twin

This groundbreaking technology will integrate with Core banking solutions to power instant transactions in compliance with local regulations.

Key Points: 
  • This groundbreaking technology will integrate with Core banking solutions to power instant transactions in compliance with local regulations.
  • With Pix already established as the standard for financial transactions in Brazil, the partnership between Hamsa and Matera furthers this digital finance revolution by enabling DREX transactions.
  • And, this new modern tech will be the first ready-to-use product fully integrated with the banking core.
  • With the success of Pix and the introduction of DREX, this partnership aligns with the forward-thinking expectations of the market.

Sentar Awarded DLA SBIR Contract to Enhance Operational Resiliency with Digital Twin Technology

Retrieved on: 
Thursday, January 11, 2024
Data Management, Public Policy, Government, Defense, Technology, Consumer, Logistics, Supply Chain Management, Security, Small Business, Other Professional Services, Military, Government Technology, Professional Services, White House, Federal Government, Transport, Women, Other Technology, Telecommunications, Software, Networks, Homeland Security, Other Defense, Contracts, Digital twin, OT, SBIR, Intelligence, Map, DLA, Organization, Arms industry

Sentar, Inc. (Sentar), a women-owned small business specializing in advanced cyber intelligence solutions and technology, is pleased to announce that it has been awarded a Small Business Innovation Research (SBIR) contract by the Defense Logistics Agency (DLA).

Key Points: 
  • Sentar, Inc. (Sentar), a women-owned small business specializing in advanced cyber intelligence solutions and technology, is pleased to announce that it has been awarded a Small Business Innovation Research (SBIR) contract by the Defense Logistics Agency (DLA).
  • This contract will enable Sentar to integrate cyber attack protection technology into Digital Twin architectures to enhance operational resiliency and protect against emerging cyber threats in operational technology (OT) systems.
  • Under the SBIR Phase I Proof of Concept, Sentar will leverage its expertise in cybersecurity and innovative technologies to analyze, map, and predict cyber attacks against the Digital Twin of a small manufacturing system.
  • "Integrating our cyber attack analysis and prediction technology into Digital Twin architectures will provide a new level of awareness and protection for operational technology systems, safeguarding them from malicious cyber actors and potential damage."

IEEE Computer Society (CS) Leaders Reveal Predictions on the Technologies to Watch in 2024

Retrieved on: 
Thursday, January 11, 2024
Cloud, Lithium, Metaverse, Constellation, Digital, Research, Artificial intelligence, Chemistry, Medicine, Government, Letter, Diagnosis, IEEE, Growth, Invention, Hewlett Packard Labs, DevOps, Mining, Environment, Recycling, Transport, Organization, Engineering, Education, Physician, System, Thought, Agriculture, Quantum computing, Digital twin, Agricultural technology, LLM, Synthetic media, LOS, Patient, Traction, CS, Intelligence, Computer, Marina Ruggieri, ICT, EV, IEEE CS, Medical device

LOS ALAMITOS, Calif., Jan. 11, 2024 /PRNewswire/ -- Leaders of the IEEE Computer Society (CS), the foremost computer science and engineering member community, today announced their 2024 technology predictions, with generative AI applications topping the list as the technology predicted to experience the most advancement, largest market adoption; managing misinformation is predicted to experience the greatest market maturity, while remote healthcare is expected to have the most impact on humanity.

Key Points: 
  • With computer science and engineering fueling some of today's most advanced technological discoveries, the IEEE CS Technology Predictions Committee focused on 21 emerging technologies on which to base their predictions.
  • The committee judged each of these technologies on anticipated 2024 metrics, including potential technology development success; impact to humanity; technological maturity, and market adoption.
  • For over a decade, IEEE CS has been recognized as both a pioneer and leader in providing annual technology predictions.
  • Check back in December 2024 to access the official scorecard of this year's forecast and watch for the IEEE Future Directions Committee's megatrends report in the coming weeks.

Lumen is first in the industry to achieve a Wi-Fi CERTIFIED 7™ device

Retrieved on: 
Monday, January 8, 2024
Cloud, OpenWrt, Wi-Fi, Quantum, Advanced technology, Small business, Multimedia, Lumen Technologies, Consumer Electronics Show, GPS, IEEE 802.11be, Home automation, Wi-Fi Alliance, Wireless, MediaTek, Digital twin, Data-rate units, Growth, Virtual reality, CES, FCC, Internet service provider

DENVER, Jan. 8, 2024 /PRNewswire/ -- At the start of the Consumer Electronics Show (CES) 2024, the Wi-Fi Alliance® announced Lumen Technologies (NYSE: LUMN) has received Wi-Fi 7 certifications for two wireless devices. Lumen is the first company in the industry to achieve a Wi-Fi CERTIFIED 7™ device with its custom-developed solution. Lumen designed its devices for its Quantum Fiber residential and small business customers to deliver faster speeds and better coverage than Wi-Fi 6/6E.

Key Points: 
  • Lumen is the first company in the industry to achieve a Wi-Fi CERTIFIED 7™ device with its custom-developed solution.
  • "We are proud that our Wi-Fi 7 devices are the first certified by Wi-Fi Alliance," said Maxine Moreau, Lumen president of Mass Markets.
  • "This demonstrates our commitment to deliver the best Wi-Fi solutions to our customers as we continue to innovate for growth.
  • Wi-Fi Alliance certified two Lumen Wi-Fi 7 devices:
    The W1700K is a desk or wall mount device that covers 90% of homes with higher data capacity than Wi-Fi 6/6E.

FICO Supercharges Business Outcomes with Innovations in Simulation Technology on FICO Platform

Retrieved on: 
Monday, January 8, 2024
Technology, Insurance, Finance, Consulting, Banking, Professional Services, Software, Small Business, Data Management, Artificial Intelligence, Risk, Ingestion, Motion, Simulation, Fraud, Digital twin, Library, Organization, Intelligence, FICO

FICO will be showcasing the innovations and use cases for FICO® Platform at FICO® World, FICO’s premiere client event, on April 15-18, 2024, in San Diego.

Key Points: 
  • FICO will be showcasing the innovations and use cases for FICO® Platform at FICO® World, FICO’s premiere client event, on April 15-18, 2024, in San Diego.
  • “With the new advances from FICO Platform, our customers are able to deliver compelling new consumer value and achieve their strategic business outcomes.”
    As a leader in analytics and applied intelligence platform technology, FICO helps clients deliver exceptional hyper-personalized customer experiences.
  • FICO® Platform powers enterprises to drive the most critical and strategic business outcomes across the customer lifecycle.
  • FICO® Platform emphasizes a level of collaboration and business composability that empowers the internal teams that are driving the digital innovation agenda of FICO Platform clients.

Machine Condition Monitoring Market worth $4.7 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, January 5, 2024
NVH, Honeywell, LCD, PAM, General Electric, Machine vision, HMI, Current source, Rockwell Automation, Condition monitoring, NDT, Amphenol, Structure, Hardware, Workplace, Digital twin, RBI, Organization, Intelligence, Nondestructive testing, MES, Algorithm, Construction

Machine condition monitoring solutions and systems are deployed at the user's premises to ensure complete control over the data flow, enabling data security.

Key Points: 
  • Machine condition monitoring solutions and systems are deployed at the user's premises to ensure complete control over the data flow, enabling data security.
  • On-premises machine condition monitoring solutions and systems collect real-time data with high accuracy, reducing the response time to resolve issues.
  • However, high installation, setup, and maintenance costs restrict the adoption of on-premises deployment of machine condition monitoring solutions and systems.
  • North America is expected to hold a significant market share of the machine condition monitoring market during the forecast period.