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27 Jun 2023  |  Global  |  Technology Research

Advancements in Digital Twin Technology Transforming the Energy Sector

Precise Modeling and Process Integration from a Single Platform to Enhance Analytics in Power Generation, Transmission, and Distribution

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To meet global emission reduction targets, renewable energy must account for at least 42% of energy consumption by 2030 and 60% by 2050, compared to 17% in 2021. Although the global power generation sector is moving toward renewable power to curb greenhouse gas emissions, renewable energy is intermittent. Therefore, its increased share in the power...

This Frost Radar™ analyzes the clinical ambient AI solutions that enable clinicians to improve their efficiency at the point of care. AI scribe capability has become the baseline market requirement, eliminating it as a differentiator and pushing vendors to compete on higher-order clinical and financial workflow integration. These capabilities inclu...

Battery energy storage systems (BESS) have become the fastest-growing clean energy technology driven by the growth of intermittent renewables and the need for grid flexibility. Homeowners are turning to batteries to maximize solar energy consumption, manage energy demand more efficiently, control costs, and reduce carbon footprint. Residential batt...

This issue of High-Tech Materials Technology Opportunity Engine (TOE) profiles significant advances in high-tech materials for various industrial applications. The featured innovations include Bio-Based Superabsorbent Polymers as Sustainable Growing Media for Agriculture, Integrated Titanium-Sapphire Photonic Materials for Chip-Scale Laser Systems,...

Disruptive AI models are increasingly challenging traditional assumptions about “classic” cloud data centers. As training clusters scale up to thousands of accelerators and consume tens of megawatts of power, the conventional CPU-centric, air-cooled, monolithic server model is no longer sustainable. This research study explores the megatrend of AI ...

As artificial intelligence moves from experimentation into the operational core of the enterprise, the demands placed on implementation and managed service providers are changing fundamentally. Early AI success was defined by proof points: models deployed, pilots completed, productivity gains demonstrated. Today, success is defined by durability: t...

This study analyzes the current and future trends in the global surface mount technology (SMT) equipment software market. A decline in demand for manufacturing products from various high volume end-user industries urged manufacturers to focus on lean manufacturing, thereby eliminating non-value-adding operations, redefining processes, and optimizi...

Battery energy storage systems (BESS) have rapidly become the fastest-growing clean energy technology driven by the growth of wind and solar and the need for grid flexibility. While commercial and industrial (C&I) BESS installations have traditionally lagged behind grid-scale and residential deployments, the sector holds considerable opportunit...

The AI landscape is undergoing rapid transformation, driven by disruptive technologies, evolving enterprise needs, and the imperative to innovate at scale. This study identifies the Top 10 Growth Opportunities in AI Technologies and Platforms that will shape global markets in 2025 and beyond. These opportunities reflect the convergence of strategic...