Search results for: 'optimization for part grid'

This study features emerging Trend Opportunity Profiles that share novel business outlooks in the form of models, which offer convenience to customers and profit to owners through advanced technology usage, increased digital presence, and strategic collaborations. With a shift to convenience and ease of access as the focal point for consumers, c...

Rife geopolitical tensions and multiple external shocks during the past few years have been rapidly transforming global supply chains and pushing firms to take strategic site-selection decisions. The need for economic resiliency is fostering a paradigm shift as companies are directing investments into the establishment of local and regional manufac...

Powder bed fusion (PBF) and DED are widely used metal AM technologies. While PBF can print complicated parts with high finish, the technology has limitations with respect to build speed and part size. Conversely, DED technologies provide lower surface quality and higher build rate; in addition, they can produce and repair large-sized parts, on dema...

The United States is undergoing a dramatic transformation across technology, finance, and industrial sectors, driven by increased innovation, investment, and consumer interest in advanced technologies. Artificial intelligence (AI), smart homes, the Internet of Things (IoT), and the metaverse are among the mainstream applications at the forefront of...

Global supply chains are undergoing a structural reset as geopolitical conflicts, trade fragmentation, and policy intervention increasingly shape how goods are produced, financed, and moved across borders. The transition away from globally optimized, cost-led supply chains to regionally embedded operating models will continue through 2027.This Fros...

This research service is chapter 2 of a 3-part series that examines the technological advancements and convergences led by major shifts in artificial intelligence, cognitive computing, 5G, blockchain and digital reality across cities, businesses, and consumers. The high rate of digital adoption, supported by strong indicators, such as over 95% smar...

Cloud has emerged as the most significant facilitating technological force behind digitalization efforts across industries and geographies. Owing to inherent benefits related to scale and flexibility, public cloud has witnessed rapid adoption and continues to enjoy increased uptake across enterprises and government entities. Increased adoption of ...

18 Mar 2021  |  Global  |  Market Research

Digital Twins in the Power and Utilities Industry

Decentralization and Decarbonization Will Drive Adoption across Power Generation, Transmission and Distribution, and Storage and Utilization Segments

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Decentralization, digitization, and decarbonization are transforming the global power and utilities industry. Of these three trends, digitization is the core enabler for decarbonization and decentralization in the industry, disrupting how electricity is produced, stored, distributed, and consumed by end users. Digitization also opens numerous new g...

Operating in isolation is a thing of the past and industrial convergence appears to be the new norm. The convergence of industries such as automotive, healthcare, information technology, chemicals, and so on, has given rise to a number of niche sectors and potential growth opportunities. The United States and Canada are witnessing revolutionary tec...