Harnessing technology to advance environmental compliance in manufacturing

Climate change profoundly impacts daily life in every country worldwide. According to WEF’s Innovation and Adaptation in the Climate Crisis report, in 2022, natural disasters alone cost governments and businesses over $200 billion – 40% greater than the annual average for the past 20 years. So, governments and corporations must lead the way in taking necessary steps to cut global greenhouse gas (GHG) emissions so we can all move closer to Net Zero, particularly in high-emission generating sectors like manufacturing. In manufacturing, more companies have committed to improving their sustainability efforts in recent years, and several nations have committed to Net Zero by 2050. But for these initiatives to be […]

The impact of the industrial metaverse and generative AI on smart manufacturing

Artificial intelligence in computing has paved the way toward new and smarter processes, enabling more accurate predictive analytics, autonomous systems, and more. Recently, more advanced AI – generative AI – which leverages machine learning algorithms has emerged, opening new doors to even smarter capabilities than before. Generative AI, developed partly from generative adversarial networks (GANs), is a type of AI that involves training two neural networks to work together to generate new data. Over the past year, generative AI has experienced a meteoric rise in popularity with the advent of AI-powered chatbots, such as ChatGPT. In manufacturing, generative AI is also becoming increasingly important in smart manufacturing solutions alongside other […]