Posts Tagged ‘Industry’

Active and Passive Data

As reminder, a Digital Twin is a virtual model of an existing object, process or service.
To run this model efficently, the Digital Twin needs to be fed with data.
In the Large Industry, these data can be divided in two categories: Passive or Active.

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Independent Companies

Independent companies definition. Independent companies refer to Oil & Gas and Petrochemical operators that are neither international oil companies (IOCs) nor national oil companies (NOCs).

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Industrie 4.0

Industrie 4.0 is the name of the German Futur of Manufacturing Program, launched by Angela Merkel at Hannover Fair in 2014.
The objectives of this digital program are to maintain the position of the German Industry despite the competition of actors like China, and to strengthen their economy in light of the 2008 financial crisis.

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