Jürgen Wittmann, head of innovation, virtual factory, and virtual commissioning in BMW’s production department, is currently planning the New Class setup in Munich with the digital twin. The advantages, he says, are obvious. “I can meet with the necessary colleagues at any time in collaboration sessions and discuss topics,” he says. “These can also be … Read more
By Lewis Nibbelin, Contributing Writer, Triple-I U.S. property claims volume rose 36 percent in 2024, propelled by a 113 percent increase in catastrophe claims, according to a recent Verisk Analytics report. While evolving climate risks fueled claim frequency, uncertain inflation trends and unchecked legal system abuse will likely further strain insurer costs and time to … Read more
Use AI to Solve Business Challenges & Drive Growth: AI is transforming the way businesses operate, yet for many UK companies, it remains a vague concept—something they know they should be using but struggle to implement effectively. The reality is that AI inn business isn’t about replacing people; it’s about amplifying human capability, automating inefficiencies, … Read more
Companies in Hong Kong will show growing interest in reindustrialisation in 2022, driving the adoption of industry 4.0 and IoT technologies in the city. Joseph Chan, Veeam Software “As these technologies are being explored, there is a need to address the data challenge with more data residing in these new end points and devices at … Read more
By Lewis Nibbelin, Contributing Writer, Triple-I Maintaining human centricity in an increasingly digitized world was a focus of discussion for many participants at Triple-I’s 2024 Joint Industry Forum (JIF) – particularly during the “Fireside Chat,” featuring Katherine Horowitz, executive vice president and head of business units for The Institutes, and Casey Kempton, president of personal lines at … Read more