There are a huge number of contradictory predictions out there right now concerning the stock market, the price of oil, the world economy, the internet of things, and just about everything else you can imagine. If you look hard enough, you could probably find conflicting predictions on whether Little Johnny will jump over the fence to chase the cow. Since the control automation … [Read more...] about Who Should We Believe?
There has been a 7% increase in the Health Watch Index for the industrial automation and process control industry over the past month, but what is leading to that increase? After much investigation it appears that the increase is directly related to the increase (15%) in crude oil prices that occurred between Feb 25 and March 7. It is our belief that the increase crude oil … [Read more...] about The Current Industry Situation-What's causing the increase in stock prices?
Sustainability in Instrumentation and Process Control: The Role of Process Engineers Posted on March 9th, 2016 by David W. Spitzer, P.E. in Chemical Manufacturing Excellence https://chemical-materials.elsevier.com/author/david/ … [Read more...] about Check out David's Latest Post in Elsevier!
On A Personal Level The IoT (Internet of Things) and the use of Cloud storage is all the rage. Products which utilize the IoT, like Google’s Nest devices, learn from your actions and make changes accordingly. With the Nest thermostat, you simply adjust it a few times for the temperature you prefer, and the device “learns”and takes over from there. Nest cameras allow you to view … [Read more...] about Shouldn’t We Be A Bit More Concerned? How Do You Feel About The Internet Of Things?
We predicted almost a year ago that if the slump in the oil and gas industry continued, restructuring, changing focus, and diversification would be necessary to regain/maintain the fiscal health of our industry. Oil and gas shows no indication of a rebound any time soon, and Siemens is adapting and reorganizing; pulling resources away from the oil and gas and metals and mining … [Read more...] about The Bitter and the Sweet – Siemens: 2,500 Jobs Lost, 25,000 Additional Jobs Pledged