Steel mills are rich in data, and learning algorithms only get better as they learn. Steel mill owners stand to improve their quality and margins dramatically from AI investment. AI can also reveal unexpected business opportunities as well as operational efficiencies.
Will Knight for MIT Technology Review: Perceiving dynamic actions could be a huge advance in how software makes sense of the world.
Modern systems are paving the way to allow our customers to make products people want in the way they want them, instead of making products and spending our time trying to make people want them.
Many businesses are already using continuous monitoring technologies - like Internet of Things (IoT) connected devices - which is a good start; but the key lies in not just simply monitoring the output of various data (which is how many companies use it today), but by taking the next step and employing advanced algorithms and machine learning to take action from real-time insights and anticipate future outcomes.
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The new IP67 Managed Ethernet Switch from Turck provides standard and Gigabit ports in the same device. Configure, manage, and monitor connected machines and devices remotely, outside of a control cabinet. Find out more about this rugged solution for decentralized control. Part number TBEN-Lx-SE-M2. • Gigabit high-speed backbone for fast link-up times • Standard and Gigabit ports on the same device • Web-based diagnostic tools for preventive maintenance • Built-in security with the use of VLAN, NAT routing and firewall