AI
Water utilities forecast to propel growth with global smart meter revenue to reach US$14bn by 2026
Water and gas meter shipments will see double-digit revenue growth over the next five years. If this market forecast comes true it will be welcome news in a market where … Continued
AI-based IoT solutions extend predictive maintenance across entire production line
Historically, the use of condition monitoring solutions for predictive maintenance has been restricted to high-value, mission-critical equipment, leaving an average of 85% of a production facility’s equipment vulnerable to costly … Continued
PTC buys Frustum for US$70mn adding AI and generative design skills to expand CAD Portfolio
PTC has acquired Frustum Inc., “an advanced generative design software company”, for approximately $70 million (€61.36 million). Frustum’s technology for generative design — an approach that leverages Artificial Intelligence (AI) to generate
