IDA 2020 Predictions: The Growing Data Center Sector Will Ramp Up Its Shift to Renewables

The number of data centers is expected to soar in the next several years. The global data center market is estimated to reach revenues of around $174 billion by 2023. Yet, data centers are in the spotlight over their carbon footprint. The growing number of these facilities and their increasing electricity demands strains power generation resources and grid infrastructure.

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Predicting Machine Failure with Big Data

The fourth industrial revolution is on the rise. This time, instead of replacing human hands with machinery, companies are replacing scheduled surveys with timely repairs. Industry 4.0 includes machine learning on a variety of levels, but one of the most intriguing (and financially applicable) is predictive maintenance; the practice of predicting machine failure before it happens. Face detection, talking refrigerators, and mood-setting light bulbs are fun, but when big money talks, everybody listens.

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