The market for Collaborative Production Management solutions for process manufacturing (CPM-P) is expected to grow at a compound annual growth rate of about 14 percent over the next five years, ...

HOUSTON--(BUSINESS WIRE)--ExxonMobil said today it has signed collaboration agreements with six other companies to accelerate the development of Open Process Automation (OPA) systems. The companies ...

With the increased focus on return on assets (ROA) and Operational Excellence (OpX), users must find ways to effectively migrate from one generation of control system to the next, whether it is from ...

Almost every enterprise leader I've worked with over the past years has asked a version of the same fundamental question: "How do we maintain operational excellence when our business environment ...

Processes and process automation take many forms. Here’s how to navigate the growing ecosystem of tools for automating everything from simple repetitive tasks to complex custom workflows. In 2015, ...

Digitalization, Internet of Things (IoT), big data, artificial intelligence, and virtual reality are some examples of rapidly developing areas of technology that will have a big impact on how ...

While automation is definitely part of the goals of artificial intelligence, and in particular automating things that require human cognitive capabilities, simply automating things doesn't make them ...

A detailed look at O-PAS™ Standard, Version 1.0 Process automation end users and suppliers have expressed interest in a standard that will make the industry much more open and modular. In response, ...

Robot technology is often associated with dangerous, dirty or dull work. Robotic process automation (RPA) takes that concept into the digital world. As a software tool, RPA sets out to free human ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Amilcar has 10 years of FinTech, blockchain, ...