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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
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...
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26 Jun 2023  |  Global  |  Technology Research
Emerging Technology Innovations in Sodium-ion Batteries
A Lower Levelized Cost of Storage and Enhanced Safety Characteristics Drive Sodium-ion Batteries Toward Successful Commercialization
The world requires more energy storage solutions for a vast range of applications—electric mobility, on-grid and off-grid stationary energy storage, consumer electronics, and data centers, among others. Lithium-ion batteries, currently the most widespread energy storage technology, face many issues that novel energy storage technologies must over...
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22 Jun 2023  |  Global  |  Technology Research
The Future of Mental Health Management
An Innovation Culture in Mental Health Management Complements Current Therapies for Improved Efficacy and Access to Care
Mental health conditions reduce people’s life expectancy—yet mental health takes a distant second place to physical health in many instances. This is slowly changing after the COVID-19 pandemic triggered rising cases of anxiety and depression, as have other geopolitical conditions and natural calamities. With rising awareness, new tre...
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19 Jun 2023  |  Global  |  Technology Research
Thermo-Chemical Waste Treatment Technologies Facilitate Sustainable Fuel Generation
Integrating TCWT Solutions into Industrial Processes Produces Specialty Chemicals and Fuels While Significantly Reducing Carbon Emissions
Globally, exponential population growth, rampant consumerism, and economic development are the major drivers of waste generation. The World Bank estimates that waste generation is going to increase from about 2.3 billion tons per year by 2023 to 3.4 billion tons per year by 2050. Out of the 2.3 billion tons of waste produced in 2023, as much as 33 ...
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12 Jun 2023  |  Global  |  Technology Research
Industry Cloud Platforms: An End-to-end Specialized Solution
Data-driven Insights Boost the Industry Cloud Platform Growth Pipeline
An industry cloud platform is designed to meet the specific needs of respective industries. It provides sector-specific solutions and services through the cloud, such as data analytics, machine learning, and asset management, to help organizations improve efficiency, reduce costs, and drive innovation. The adoption of industry cloud platforms is...
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31 May 2023  |  Global  |  Technology Research
Impact of Additive Manufacturing Technologies in Oil and Gas
On-demand Components and Shift toward Digital Inventory Drive Adoption of 3D Printing
Recent years have seen tremendous technological growth in additive manufacturing, also referred to as 3D printing, and increased research and development (R&D) activities as companies work to scale the technology and meet increasing and evolving needs across several industries. In particular, the oil and gas sector is adopting 3D printing technolog...
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29 May 2023  |  Global  |  Technology Research
Impact Assessment of Smart Sensors in Industrial Automation
Connected Intelligent Sensors Increase Efficiency, ROI, & Margin
Smart sensors employs microelectromechanical systems (MEMS) and very-large-scale integration (VLSI) technology to function effectively. A smart sensor is a device that receives input from the physical world, and upon detection, leverages internal computing power to carry out predefined actions to provide optimized output. Key operations of smart se...
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25 May 2023  |  Global  |  Technology Research
Emerging Opportunities for Robotics in Military and Defense Applications
Surveillance, Logistic Support, Explosive Detection and Neutralization are High Impact Sectors
Various military operations increasingly choose to deploy robots due to the advantages they provide in various safety, surveillance, and rescue operations. These robots help troops improve the accuracy of a task, provide flexibility to perform multiple functions, shorten time required to complete tasks, enable traversing in hazardous environments, ...
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18 May 2023  |  Global  |  Technology Research
Growth Opportunities Defining the Future of Skincare Technologies
Demand for Ingredients with Proven Efficacy and Clinical Evidence Drives Advances in Skin Brightening and Anti-aging Product Segments
The skincare industry is evolving, with stakeholders looking for new ingredients with established biocompatibility and proven efficacy for skin lightening and anti-aging and those in the exploratory stage. Ingredients such as hyaluronic acid, phytoextracts, vitamins, antioxidants, AHAs, and probiotics are emerging as promising actives capable of he...
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17 May 2023  |  Global  |  Technology Research
Neuroimaging Technology Advances and Growth Opportunities
Innovation in MRI, CT Imaging Techniques and Integration of AI Making Neuroimaging More Patient-centric, and Personalized
The neuroimaging industry is dynamic, constantly looking for novel approaches to identify and cure complex neurological disorders. Emerging MRI and CT technologies have helped address the challenges in neuroimaging, such as limited spatiotemporal resolution, cost and accessibility, and patient safety. This study examines emerging technologies, ...
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