GlobalData Says Digital Twins Are Becoming Mainstay in Oil and Gas Ops rigzone.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rigzone.com Daily Mail and Mail on Sunday newspapers.
<p><span>Amidst a growing number of companies pouring millions into digital transformation for business resilience, primarily against the backdrop of the COVID-19 crisis, low-code/no-code (LCNC) platforms are gaining momentum to cut down lengthy software development cycles to create new applications that meet immediate business needs. This has resulted in an year-on-year fivefold rise in the venture capital (VC) funding into LCNC platforms in 2021, according to GlobalData, a leading data, and analytics company.</span></p>
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Retrofitting carbon capture, utilisation and storage (CCUS) technologies to existing industrial infrastructure will become crucial to reaching net zero by 2050.
As companies target net zero emissions by 2050, industrial decarbonization gathers momentum to embrace novel technologies, smart policies, robust investments, and new business models. To drive such initiatives, talent hiring is on the rise across industries, according to GlobalData, a leading data, and analytics company. Kiran Raj, Principal Disruptive Tech Analyst at GlobalData, comments: “The .
In a world where climate change is increasingly influenced by industrial emissions, decarbonizing the industrial sector becomes the immediate priority to phase out CO2 emissions from the use of fossil fuels. Click to read more.