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After the unprecedented collab was announced between AI super-power–OpenAI– and Apple, the hype is building for Apple’s smarter Siri — Apple Intelligence — release in the Q1 2025. Apple Intelligence offers a wide array of AI and ML technologies that can significantly enhance business operations across various industries. By leveraging these technologies, businesses can improve…
Honeywell recently completed the acquisition of Air Products’ natural gas technologies business, integrating it into Honeywell UOP, its Gas Processing and Hydrogen business unit. This acquisition includes advanced technologies for the recovery of natural gas liquids (NGLs) and sulfur from natural gas streams and refinery feedstocks, respectively. The specific terms of the deal were not…
The skilled labor shortage in the United States remains a significant challenge, impacting various trades and industries. This shortage is largely driven by the retirement of baby boomers, the lingering effects of the COVID-19 pandemic, and cultural stigmas surrounding vocational training. Key Trades in Need Factors Contributing to the Shortage Strategies to Address the Shortage…
The semiconductor industry is seeing several significant developments, which have important implications for global supply chains. These developments indicate a recovering yet complex landscape for the semiconductor industry, with significant growth potential tempered by ongoing challenges in production, inventory management, and geopolitical risks. The global supply chain will need to adapt to these dynamics to…
The robotics industry continues to evolve rapidly with significant investments and technological advancements. From brain-controlled prosthetics to the integration of generative AI, the focus is on enhancing efficiency, safety, and functionality. Events like Robotics Invest 2024 and new guidelines for humanoid robots demonstrate the global effort to advance robotic technologies and their applications across various…
Commercial and Defense Aviation: The aerospace and defense (A&D) industry is witnessing robust demand. On the commercial side, air travel continues to surge past pre-pandemic levels, driving increased demand for new aircraft and aftermarket services. In the defense segment, geopolitical instability is pushing up the demand for defense products and services. Companies are focusing on…
Here’s a simplified view of forecasting strategies tied to volume and demand variability from Steve Clarke’s upcoming book “Lean Forecasting Demystified”. Pre-order your copy today at Amazon.com: Lean Forecasting Demystified: Minimize Supply Chain Waste, Maximize Value eBook : Clarke, Steve: Kindle Store.
