Industry 4.0 is the realization of digital transformation in the field, delivering real-time decision making, enhanced productivity, flexibility and agility.
A cyclical industry is sensitive to the business cycle, meaning revenues are higher in periods of economic prosperity, and lower in periods of downturn.
May 2016 | Vol. 5 / No. 8 ; High-tech industries are an important part of the U.S. economy, employing nearly 17 million workers in 2014. While this accounted for about 12 percent of total employment, the high-tech sector contributed almost 23 percent of output. According to a study funded by the Workforce Information Council, the high-tech sector can be defined as industries having high concentrations of workers in STEM (Science, Technology, Engineering, and Mathematics) occupations.1 Although the term high-tech has been notoriously difficult t ...
Industry 4.0 refers to the fourth industrial revolution related to industry. Although it is concerned with areas that are not usually classified as industry applications in their own right, such as...
Industry cloud platforms are a notable emerging trend, because they create value for companies by offering adaptable and relevant industry solutions. They significantly accelerate cloud adoption by pointedly appealing to business consumers beyond the early users of cloud infrastructure and platform technologies. ICPs combine underlying software as a service (SaaS), platform as a service (PaaS) and infrastructure as a service (IaaS) with a set of innovative technologies and approaches. Industry cloud platforms also enable enterprises to rapidly ...
Gross domestic product is one of the primary indicators used to gauge the health of a country's economy. But what does it actually measure?
What Is Market Share? Market share is the percentage of total... It is calculated by dividing total company sales by total industry sales. Market share provides a general idea of the size...
Polyester needs a lot of energy to produce and sheds microplastics when it's washed. TAL CEO Roger Lee is working with the industry to find solutions.
In general, the farther a part of the process is from the end-user consumer, the more upstream it is. What Are the Three Sectors of the Oil and Gas Industry? In addition to upstream and...
producing it. The price is determined by what customers are willing to pay based on their... Value-Added in the Economy The contribution of private industry or a government sector to...