Top 4 AI Trends of 2024
Intro As we step into the year 2024, Artificial Intelligence continues to transform industries and our daily lives. From chatbots to AI-automated processes, this technology is rapidly increasing the speed of operations while delivering more specified and data-driven decisions. In this volatile reality, trends and technological innovations emerge faster, reaching a point in which it is hard to keep track of new AI solutions. In this blogpost, we will explore some of the top AI trends to watch for in 2024, discussing how these trends are shaping the future of industries. 1. Increased Processing Capacity Over the [...]
Why AI is becoming a consolidated reality
Intro Artificial intelligence (AI) is a rapidly evolving field with the potential to transform many aspects of our lives. It is already having a significant impact on the job market, creating new jobs and transforming existing ones. Besides that, AI is democratizing innovation, helping people to be more productive and creative. This is leading to a wave of innovation from startups and individuals. However, in order to comprehend AI’s scope, it’s important to consider the fundamental aspects that led to AI’s meteoric rise. AI’s boom Throughout history, society always had the need for technological innovations. Although the [...]
Unlocking AI’s accuracy and reliability
AI's growth scenario From its early days as a theoretical concept to today's omnipresent reality, AI's journey has been characterized by exponential growth. According to a 2022 IBM research, more than a third of companies (35%) report the use of AI in their business, a four-point increase from 2021. This illustrates a key change in the way we face reality, but different from other technological revolutions: today’s tool learns from its own experience at increasingly higher speed and scale. These tools are programmed to have a human-like thought process. Moreover, they are now a reality in the [...]
Vidya will be in the next IMSS
The Integrity Management Systems Symposium (IMSS) is taking place between August 2nd and 4th in Rio de Janeiro, Brazil, and Vidya will be there! The main objective of IMSS is to foster discussions in the oil and gas industry regarding the "New SGSO", which stands for Operational Safety Management in Portuguese, it is Brazil's first operational safety regulation, which is composed of 17 different performance-oriented and risk management practices for improving facilities and operations in the oil and gas industry. The discussions will contemplate the Management Systems belonging to this new regulatory framework (a package of laws that aims to [...]
The Importance of Asset Performance Management in Today’s Business Environment
Introduction In today's fast-paced business environment, maximizing the performance of industrial assets is critical. Asset Performance Management (APM) is the process of optimizing the performance, reliability, and safety of physical assets, such as machinery, equipment, and infrastructure. Effective APM can help businesses reduce downtime, improve efficiency, and increase profitability. In this article, we'll explore the importance of APM in today's business environment and how it can help you stay ahead of the competition. From identifying potential issues before they become major problems to implementing proactive maintenance strategies, we'll cover everything you need to know to get the most [...]
The active role of AI in industries’ future
Artificial intelligence has transformed the world through its application for different purposes around the globe. The recurrent use and interest in this technique have led to several developments that rapidly transformed the industrial operating environment through advances in computational techniques. Since 2020 we can notice an accelerated movement of digitalization driven by digital transformation and concepts previously presented in industry 4.0. The technologies developed in these periods and their fast emergence have provided enough visibility for broad application in complex tasks among production processes and industrial operations. The trend is that, in the coming years, the application [...]
Data Contextualization – Make data do more!
Introduction Since Industry 4.0, companies have been implementing digital technologies to digitize their operations based on cyber-physical models. Ten years after the beginning of the transformation generated by Industry 4.0, these companies are often struggling with the difficulty of generating value through the use of the data generated in their operations. We can say that we are no longer in an age of data, but in an age in which it is necessary to understand, organize, and qualify this data in order to effectively generate value. In this article, we will address some of the main [...]
What is a Data Lake?
Since the digital transformation, many data have begun to be gathered in the midst of industrial processes and operations. Technologies such as machine learning, big data, and cloud computing are some of the tools developed in this period in order to handle this data so that it can become useful. Within this scenario, a new concept of storage starts to be discussed. In this text we will address what are the main characteristics, definitions, and benefits of a Data Lake, and what opportunities this concept creates for data scientists who want to extract maximum value from data. What [...]
How you are going to become a reference through Digital Twin
Industries are currently experiencing a strong moment of disruption and digitalization in their operations as a result of digital transformation. The technologies emerging after Industry 4.0 have not only revolutionized the industry, but also brought to the fore a question frequently asked among managers: Which technologies do I really need? And the answer to that question can be quite surprising! Industries & Digital Transformation Hundreds of technologies that promised to revolutionize industrial operations have become popular and have made their way into the sector generating an ever-growing amount of data. However, having digital technologies in the midst [...]
The path to an ESG operation
ESG (Enviromental - Social - Governance) is the acronym that has attracted the eyes of industries to an imminent and extremely urgent need. Since the first industrial revolutions, industries have introduced automation into their operations. In the first, coal moved the heavy machines through steam and replaced the brute human force of the time. In the second, electricity not only revolutionized industry, but the whole world. We can still mention the third revolution, in which information systems, just-in-time model, and adherence to computing, introducing new concepts capable of revolutionizing the industry once again through digitization. As we can see, change [...]
