Data science continues to be a pivotal force driving innovation across industries. From enhancing customer experiences to optimizing operational efficiencies, the role of data science is expanding, bringing with it new challenges and opportunities. This article explores the emerging trends and technologies that are shaping the future of data science
GenAI's creative and analytical capabilities, integrated with IoT devices' connectivity and data insights, could lead to remarkable advancements. The market could become a mega-value creator, potentially exceeding $4.5 trillion by 2030. Discussions around this convergence were the focal point of a panel during the 2024 IoT Slam held at SAS
Urbanization is rapidly accelerating, allowing communities to grow with more access to services and technological advancements. However, this quick change in growth can present challenges as well, such as pollution and lack of infrastructure. Smart cities can support urbanization by offering innovative solutions with artificial intelligence (AI), the Internet of
Thanks to the ubiquity of smartphones and laptops, people are used to getting what they need at the press of a button – whether they’re looking for information, seeking action or trying to solve a problem. Citizens want that same ease of access from their city’s government. As more citizens
As the old saying goes, “You wait ages for a bus and then two [or possibly three]come along at once.” This saying can be updated to reflect life in our increasingly digital world: "You wait ages for a genuine disruptive technology and then two [or possibly three]arrive simultaneously." This phrase
Organizations continuously search for innovative ways to optimize their operations and elevate efficiency. One promising frontier is the integration of digital twins for predictive maintenance. However, the true potential of this technology often remains untapped, with many organizations settling for what can be described as “digital shadows.” In this exploration,
In a global economy marked by fragile supply chains, scarce resources and rising energy costs, the spotlight is on forecasting to address these issues. In 2022, McKinsey & Company uncovered a staggering $600 billion annual food waste, equating to 33% – 40% of global food production, spotlighting the devastating consequences
Manufacturing remains a transformative process at its core, converting raw materials into valuable products. While the fundamental essence of manufacturing has endured for centuries, the methods and technologies employed have undergone significant evolution, driven by innovation and the ever-shifting demands of consumers. As we enter 2024, the manufacturing industry is
AES Corporation is one of the world’s largest independent producers of renewable energy, green hydrogen, and battery storage. This Fortune 500 company is the only US-based power company that operates on four continents. Additionally, AES owns utilities in the US and Latin America and has a technology innovation company that
In an increasingly interconnected world, geopolitical events in one region can cause a ripple effect across global supply chains. Due to technical complexity and the concentration of large manufacturers in the Asia Pacific region, the semiconductor supply chain is especially vulnerable to disruptions. In fact, more than 65% of the
