The blockchain is one of today’s most polarizing technological innovations. Basically, it is an immutable public record designed to enable parties who don’t necessarily trust each other to safely interact and transact without having to give up control to or pay rents to a third-party such as a traditional bank, social network or online marketplace. The world was introduced to blockchain technology by the success of the Bitcoin cryptocurrency, which uses the blockchain to enable the currency to be transferred between parties without an intermediary.
Systems Engineering has been around for a while, but the practice of model-based systems engineering is gaining adoption in many business sectors. Some engineering teams are practicing MBSE, while others are moving more slowly toward adoption. With this in mind, Enrique offered his perspective on how the field has developed to the current day, and hinted at how he saw the future. Let me share some of my takeaways with you.
Industry 4.0, a.k.a. the Fourth Industrial Revolution (IR), is a hot topic because most of us are either taking our first steps in this world, or we’re preparing to.
Clearly, earlier industrial revolutions were all about making better use of resources (e.g. burning coal to make steam), people (e.g. workers in factories) and, latterly, electricity and computer-controlled automation. For each revolution, the companies that did well were early adopters of the technology and practices of the day, and they recognised waste when they saw it.
Zuken Innovation World Americas 2018 took place recently in San Diego and was record-setting! This was by far the largest ZIW event held in the Americas based on registrations, partners and international visitor attendance. Customer participation also set a record with over 25% of the sessions being delivered by customers. But, breaking records is only part of the story.
Because of its influence on weight and cost, accurately digitizing the wiring system is a priority when implementing a digital twin strategy in the automotive and transportation sectors. It’s also one of the most challenging aspects of this task.