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Software project success rates are alarmingly low in today’s rapidly changing business landscape. According to Zipdo’s report from 2023, 31% of software projects are cancelled before completion, while over half of them almost double their initial budget. Perhaps the most concerning fact is that only 16% of IT projects are completed on time and within […]
Imagine a factory where machines predict their failures, production lines run autonomously, and errors are almost non-existent. This vision is the promise of Industrial IoT. And it’s becoming real, as Statista predicts that the number of IoT-connected devices will exceed 20 billion by the end of 2025 and double by 2033. This growth isn’t surprising, […]
The cloud has become an indispensable tool for modern businesses, enabling efficiency, scalability, and innovation. The cloud market’s growth clearly confirms this statement: Gartner estimates the global spending on public cloud services to reach $723.4 billion in 2025. However, although almost all companies now report using some form of cloud computing, its actual adoption and […]
Manufacturing downtime is costly, both in terms of finances and productivity. According to research from Siemens, only an hour’s downtime in the automotive sector costs more than $2 million. For an average manufacturing facility, downtime is an all-too-frequent occurrence. On average, 20 unplanned monthly interruptions translate to a loss of about 25 production hours. You […]