Manufacturer, university collaborating on extended reality, IIoT projects

Bosch announced a collaboration with Carnegie Mellon University (CMU) to further research in spatial computing to design and demonstrate an architecture for extended reality (XR) applications in the Industrial Internet of Things (IIoT) context.


Future computing in industrial environments is likely to include a tight coupling between the real world and digital content that enhances the real-world experience. Through a combination of technologies such as augmented reality (AR),...

Long Waves: How Innovation Cycles Influence Growth


Creative destruction plays a key role in entrepreneurship and economic development.

Coined by economist Joseph Schumpeter in 1942, the theory of “creative destruction” suggests that business cycles operate under long waves of innovation. Specifically, as markets are disrupted, key clusters of industries have outsized effects on the economy.

Take the railway industry, for example. At the turn of the...

he Moscow Metro on Friday rolled out what authorities have touted as the world’s first fare payment system based on facial recognition technology.

The cashless, cardless and phone-less system, called “Face Pay,” has been fitted at special turnstiles across the Russian capital’s more than 240 metro stations.

“To enter the metro, passengers won’t need a card or a smartphone — just look at the camera on the turnstile,” said Maxim Liksutov, deputy mayor in charge...

COP26 is the 2021 United Nations climate change conference
For nearly three decades the UN has been bringing together almost every country on earth for global climate summits – called COPs – which stands for ‘Conference of the Parties’. In that time climate change has gone from being a fringe issue to a global priority.

This year will be the 26th annual summit – giving it the name COP26. With the UK as President, COP26 takes place in Glasgow.

https://ukcop26.org/...

Aberdeen City Council (ACC) has picked oil and gas giant BP (LON: BP) as the preferred bidder to help build a green hydrogen production hub. The commercial partnership, formed following a robust tender process that kicked off in June, aims to establish the Granite City as a “world-class” base for hydrogen. A key part of the Aberdeen Hydrogen Hub programme will involve the creation of “Scotland’s first” scalable facility capable of producing green hydrogen. It’s hoped phase 1, which involves...

Sea Machines Robotics, the leading developer of autonomous command and control systems for the maritime industry, announced today that it has completed the world’s first 1,000+ nautical miles autonomous and remotely commanded journey of a commercial vessel at sea. Under the project name The Machine Odyssey, the autonomous tug Nellie Bly completed its journey in just 129 operational hours over 13 days. The program was commanded by U.S. Coast Guard-licensed mariners remotely stationed 3,000 miles...