Blogs and Articles

Stay updated with all IPS’ Blogs and Articles

Blogs

Coming Soon...

Articles

Digital Transformation Chemistry and Advanced Materials Industry

The Fourth Industrial Revolution combines advanced technologies in innovative ways, dramatically reshaping the way people live, work and relate to one another.1 As in previous industrial revolutions, the Chemistry and Advanced Materials industry is playing a major enabling role. It is largely through the industry’s contributions that other industries can turn their ideas and innovations into sophisticated products: touch screens, rechargeable batteries in portable devices, organic light-emitting diodes in flexible electronics and lightweight materials used to build drones, among many other examples. At the same time, the Chemistry and Advanced Materials industry is itself being transformed through digitalization.

A Strategist’s Guide to Artificial
Intelligence

Jeff Heepke knows where to plant corn on his 4,500-acre farm in Illinois because of artificial intelligence (AI). He uses a smartphone app called Climate Basic, which divides Heepke’s farmland (and, in fact, the entire continental U.S.) into plots that are 10 meters square. The app draws on local temperature and erosion records, expected precipitation, soil quality, and other agricultural data to determine how to maximize yields for each plot. If a rainy cold front is expected to pass by, Heepke knows which areas to avoid watering or irrigating that afternoon. As the U.S. Department of Agriculture noted, this use of artificial intelligence across the industry has produced the largest crops in the country’s history.

Artificial intelligence: Construction Technology’s Next Frontier

The engineering and construction (E&C) sector is worth more than $10 trillion a year. And while its customers are increasingly sophisticated, it remains severely underdigitized. To lay out the landscape of technology, we conducted a comprehensive study of current and potential use cases in every stage of E&C, from design to preconstruction to construction to operations and asset management. Our research revealed a growing focus on technological solutions that incorporate artificial intelligence (AI)-powered algorithms. These emerging technologies focus on helping players overcome some of the E&C industry’s greatest challenges, including cost and schedule overruns and safety concerns.
White Paper

Artificial Intelligence and the Future of
Engineering

All companies today need to be innovative, customer centric, speed to deliver and cost efficient in this digital era. Businesses need to respond to rapidly changing customer needs, put their innovations into production as quickly as possible, and be able to operate and deliver products to their customers more efficiently. The life cycle of a product starts with customer driven innovation, followed by engineering and construction of the manufacturing facility, after which comes production and the eventual delivery of goods to customers. Each step in this process must be responsive to the market and its consumers. From the perspective of engineering, this begins with “faster, better, and cheaper” project delivery, and moves into digitalization.

WORK WITH US

IPS delivers AI Solution  and provides digitalization services with our global  partners.