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AI’s role in transforming supply chains: Efficiency, forecasting, optimisation

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AI is transforming supply chains: enhancing efficiency, demand forecasting, delivery optimisation through advanced technologies.

Supply chain issues continue to challenge industries worldwide.

AI is increasingly seen as a solution to enhance efficiency and resilience within this sector.

To understand its impact, Jyot Singh, CEO of RTS Labs, joined to share his insights.

By utilising historical data, algorithms can predict future demand, facilitating better inventory management.

Additionally, advances in generative AI further enhance these forecasts by incorporating sentiment analysis and other factors.

AI also optimises delivery routes by analysing real-time data on traffic and weather conditions, thus reducing costs.

Companies, such as UPS, utilise technologies to streamline last-mile delivery, which is the most expensive portion of the supply chain.

AI’s role extends to improving vendor management and procurement efficiency through smart contracts and data-driven decision-making.

This helps businesses assess vendor reliability and make informed choices about allocating resources effectively.

Moreover, the digital twin technology allows businesses to simulate their supply chains virtually, testing various scenarios to identify potential disruptions.

American technological research and consulting firm Gartner predicts that by 2026, 60% of global supply chains will adopt digital twin applications, enhancing their ability to manage complex logistics.

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Cooling innovations crucial for efficient data centres

Data centres require advanced cooling solutions for efficient, sustainable operations amid rising demands from AI and high-performance computing

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Data centres require advanced cooling solutions for efficient, sustainable operations amid rising demands from AI and high-performance computing

In Short:
– Data centres are vital for IT infrastructure, requiring innovative cooling solutions due to rising global demand.
– High-density cooling technologies, like liquid cooling, improve efficiency and sustainability in managing heat.

Advancements in data centre cooling solutions are essential as global demand rises. Effective management of heat within these facilities plays a vital role in operational efficiency and sustainability.

Lizzi Long from Interactive discusses the significance of data centres, describing them as essential digital warehouses housing organisational IT infrastructure.As demand for data centres increases, particularly with the rise of AI, new challenges arise related to cooling technologies.

Traditionally, air cooling has dominated, but the emergence of high-performance computing necessitates more innovative methods. Water cooling systems now prove to be more efficient in managing heat due to water’s superior thermal conductivity compared to air.Banner

High-density cooling systems like direct liquid cooling and immersion cooling have emerged. Direct liquid cooling efficiently targets hotspots in servers, utilising a coolant loop to ensure energy-efficient operation.

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Smart sustainable solutions for next-gen buildings

Smart tech helps mid-sized Australian buildings cut energy costs, meet compliance, and improve operations amid rising prices and sustainability targets

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Smart tech helps mid-sized Australian buildings cut energy costs, meet compliance, and improve operations amid rising prices and sustainability targets.

In Short:
– Mid-sized buildings face pressure to innovate due to rising energy costs and lack accessibility to affordable solutions.
– Smart building technology can reduce energy waste by up to 50% and enhance user experience in various sectors.

As energy prices increase, mid-sized facilities face pressure to innovate. New tools making smart building technology accessible are now emerging.

Louise Monger from Schneider Electric discusses why mid-sized buildings have been overlooked in energy innovation. Small and mid-sized buildings, such as those in the retail, hospitality, and educational sectors, often lack access to affordable and scalable energy solutions. With increasing operational costs, these sectors are becoming more vulnerable.

Energy Efficiency

Compliance with sustainability goals is becoming increasingly important for SMEs. Climate-related financial disclosures implemented in Australia require businesses to report on climate risks and actions. Scalable technology can simplify this reporting process, facilitating adherence to governance obligations.

By providing visibility into performance across multiple sites, managers can make informed decisions, benchmark successes, and enhance overall operations, ultimately benefiting customers through improved conditions.

For more information, engage with Schneider Electric on LinkedIn or through their website.


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The new rules reshaping the gaming landscape

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Global tech regulations reshape video game creation, boosting developer opportunities and improving player experiences through alternative payments and privacy compliance.

In Short:
– Governments are enforcing stricter regulations on digital platforms, impacting video game creation and distribution.
– Developers gain more control over payment methods and must navigate privacy laws while enhancing safety in multiplayer games.
Governments worldwide are tightening regulations on digital platforms, greatly affecting video game creation and distribution.
In the US, changes come after court rulings, including a recent Supreme Court decision denying Google a request to alter specific rules. This has resulted in Apple, Google, and other digital gatekeepers having to allow developers more control, such as directing players to alternative billing methods and accessing player data.

Chris Hewish from Xsolla joins us to unpack how regulation could redefine the future of gaming, from monetisation models to the next wave of innovation.

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