KONE’s AWS-powered IoT platform boosts predictive maintenance with real-time insights and scalability. Generative AI tools like Technician Assistant cut downtime and improve field service efficiency.

Abstract: Advanced industries such as wind turbines aim for condition-based maintenance (CBM) to enhance system availability and reach higher revenue. Hence, decision making plays an essential role in ...

Abstract: Accurate prediction of the remaining useful life (RUL) of hydraulic turbines is crucial for optimizing maintenance, reducing downtime, and enhancing operational efficiency. This study ...

Key inflation metrics tracked by the Federal Reserve accelerated at the end of last year, underscoring why many Fed officials have turned cautious about supporting further interest-rate cuts. The ...

A new modeling framework can now predict how and when concrete heals itself, bringing measurable precision to microbial self-healing materials and advancing durability forecasting for next-generation ...

Predictive maintenance reduces airline costs and delays, improving aircraft availability and operational efficiency. Digital twins provide a virtual view of aircraft health, enabling remote monitoring ...

Energy companies are looking for smarter ways to streamline reporting, improve forecasting and manage fragmented data systems. Generative AI is moving beyond experimentation into structured enterprise ...

Equities slid last week, with all three major indexes declining at least 1.2%. This despite a better-than-expected jobs report from the Bureau of Labor Statistics on Wednesday and a relatively benign ...

Terry Lane is a writer for Investopedia with 25 years of experience in journalism and communications. He covers personal finance, Congress, government regulations, and economics. Brandon Bell/Getty ...

AI-powered predictive maintenance helps prevent costly downtime and extends asset life for industrial operations. Fiberon’s pilot saved $274K and avoided 178 hours of downtime, proving the ROI of AI ...