Industrial inspections, regardless of the reason for inspection, can be a very dirty and dangerous job. While not necessarily dull, industrial inspections definitely cover 2 of the 3 D’s of robotics deployment (dull, dirty, and dangerous). Industrial inspections can range from inspecting operational assets and operational facilities to inspecting defunct facilities during the de-commissioning process or evaluating the health and risk of non-operational holding tanks. There is no shortage of reasons to conduct industrial inspections, and there is a big business emerging for robotics to be leveraged in the inspection process.
Commercial service robots are robots that perform some useful task, with the exception of those robots operating within the realm of industrial automation or those considered consumer robots. This basically means that any robot that is not involved in industrial automation or for strictly consumer purposes are commercial service robots. This category includes robots that operate within logistics operations, hospitals, in the retail store, providing security services, and even delivering your takeout orders. There is a massive opportunity for commercial service robots to take on tasks that enable people to spend time doing other things that humans excel at, while stepping away from the dull, dirty, or dangerous tasks.
Combatting a competitive market is no easy task. A growing concern of many manufacturers is the potential that they no longer have a tight bond with their customers which can withstand upstart competitors or third-party service providers who can eat away at profits. Recent IDC Manufacturing Insights data highlighted that the top business concern for service leaders was declining sales closely followed by a desire to expand into new markets. These two concerns combined demand that manufacturers innovate with new service products, differentiate through enhanced value, and wow current customers and prospects via value-add experiences.
Blockchain interoperability needs time and momentum to mature toward a wider scale of adoption and to truly impact healthcare. However, the future is now and the market clearly reflects much buzz around the technology and its potential for hard-coding change. Blockchain interoperability could pave the way toward forming a next-generation vehicle for data exchange that contributes to digital transformation in provider organizations through its network effect.
Unlike a few years ago, U.S. federal civilian agencies are not seeing double-digit annual growth in information technology spending. But moderate growth is still underway. Some of these spending increases are happening because agencies face significant ongoing expenses related to maintaining legacy systems.
Data governance is no longer optional: regulations such as GDPR will start to be enforced; and organizations are finally realizing the value of data as an asset that needs to be protected, managed and maintained to increase asset value. Because data is a digital asset, and has mostly been managed within the realm of IT, organizations are quick to look at technology, expecting to find data governance software and solutions; but technology is only part of the solution.
The day-to-day management of fee-for-value (FFV) transactions is virtually 100% manual, with critical calculation of value-based payments performed by spreadsheet or custom programming in SAS or SQL. As the number and breadth of value-based relationships grow, the industry’s administrative burden worsens. Important FFV calculations and financial settlements are months delayed, lacking transparency and accuracy. The ability of payers to launch new value-centric benefit products is hobbled by inflexible contract and payment platforms.
At a closed-door industry event I attended recently, even as an analyst working in the mining sector, I was taken aback by the pace of change the industry is experiencing right now. One of the striking things about the conversations that took place was how digital – particularly enabling platforms, digital twins, and integration – has become embedded in the transformation companies are on, and the role that digital led innovation is playing. The sector has a long way to go, but acceleration is really happening. The mining industry is on the move.