Monthly Archives: July 2020

Vita Inclinata's Caleb Carr

Vita Inclinata cofounders Caleb Carr and Derek Sikora came up with a way to stabilize helicopter lift systems, used in everything from emergency rescues to supply deliveries. In this years National Defense Authorization Act, they got the nod for millions of dollars of orders to outfit UH-60 Black Hawk helicopters.

Exactly how much remains to be seen during the reconciliation process. An amendment in the Senate version, proposed by Sen. Cory Gardner (Colorado-Republican) sets aside $11.09 million to outfit 39 Black Hawk helicopters in fiscal 2021. The funds will go to procurement of additional litter-attached load stability systems to be deployed on the bottom of the helicopter hoist, on 39 aircraft, the amendment states. The House version, proposed by Rep. Kendra Horn (Oklahoma-Democrat), calls for half that amount.

Carr, 25 and an alumnus of last years Forbes Under list who we profiled then, says that while the amount remains uncertain he fully expects to win the deal when the Senate and House versions are reconciled. At the very least, he says, were walking away with $5.5 million.

The win comes at an important time for Vita Inclinata. The company, founded by Carr while he was still a college student at the University of Colorado, was in the process of finalizing $150 million in contracts with a few global military suppliers at the end of last year. But with the upheavals of the coronavirus pandemic, those contracts disappeared. When the Singapore Air Show got canceled and Japan started to shut down, that was the first hit, he says. It was just, What the hell do we do?

With nothing to lose, Carr, an outgoing man and convincing salesman, decided to relocate from Colorado to Washington, D.C., on April 1, and try to finagle his way into the defense budget. Everybody said, Theres no way in Gods green earth that youll get anything in the 2021 NDAA. Its usually worked on in December, and I didnt even know about you till May 16 or 17, he says. But he kept calling, appealing to Sen. Gardner with his companys Colorado headquarters and to Rep. Horn and Sen. Jim Inhofe (Oklahoma-Republican) with the fact that military helicopters used by the Oklahoma National Guard could be made safer with his technology.

The technology that Vita has designed and developed is an elegant solution to this important challenge that is faced by a lot of rescue operations, says Horn, who notes that she originally advocated for an $11 million authorization and expects the final authorization will likely be between the House and Senate amounts. I think it is an important reminder that we as members of Congress need to take time to listen to small companies and people coming up with innovative ideas, and figure out ways to ensure that we are not brushing them off.

Vita had gone through theAir Force Accelerator Powered by Techstarsand received some $50,000 from theAir Forces innovation arm AFWERX, giving it a military seal of approval. Still, Carr says, this is the first time that a project by an AFWERX startup had gotten into the National Defense Authorization Act.

In the scheme of the entire defense budget, $11 million, the highest amount the contract could be worth, is a pittance. But for a small startup, its a huge deal both for the actual revenue and for the imprimatur of the Defense Department. For me, its mission accomplished, Carr says. Everyone is shocked that this came through. No one thought that this was even possible.

Now, Carr says, his hope is that his win can help pave the way for other startups that have gone through the AFWERX program, but are having difficulty getting noticed. Part of the idea of AFWERX, after all, was to incubate military innovations that could give the Department of Defense an edge. Yet making the connection between AFWERX and federal budgeting hasnt been so easy. Companies like Vita Inclinata and others that are innovative are really critical to our nations security, Horn says. We need to make sure we can cut the red tape on innovation.

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How An Under 30 Alum Got His Startups Technology For Stabilizing Helicopter Baskets Into This Years National Defense Authorization Act - Forbes

The uptake of new technology in the construction industry can be boosted easily and cheaply through the creation of a new government task force, according to a technology and acquisitions advisor.

Speaking at a press briefing last week (16 July), Paul Cuatrecasas, CEO of strategic advisory firm Aquaa Partners, said that a lot of established companies in the industry are on their knees and require government input to help drive the adoption of new technologies like robotics, virtual reality, smart materials and artificial intelligence.

The government can help but not in the way that its helped in the past with just granting funds for projects, Cuatrecasas said. What I think should happen and this can be done quickly, easily and cheaply is the government should bring together a task force or team of five to 10 people that are focused on one thing: identifying every interesting technology company in the world.

The list of international technology companies should then be narrowed down to a list of 30 to 50 firms that the government wants to support through joint ventures with established UK businesses, Cuatrecasas added.

Its not difficultI think the UK could become a leader without actually having to spend a lot of money, he said.

But while government input is important, getting buy-in from the industry is also crucial. Cuatrecasas admitted his frustration that many firms have their heads in the sand and a general inertia when it comes to adopting innovation and new technologies.

Cuatrecasas warned companies that fail to embrace new technologies risk following the fate of travel firm Thomas Cook Group, which collapsed in September 2019.

Thomas Cook was more focused on refinancing its main loan than it was realising that 500 stores were redundant because we all have the ability to book a trip on our smartphone, Cuatrecasas said.

It was mindset that took Thomas Cook down. I think were seeing the exact same thing with these companies. Its a shame, but it doesnt have to be that way. And its not too late.

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Call for UK task force to drive adoption of new technology - New Civil Engineer

The UK's mobile providers are being banned from buying new Huawei 5G equipment after 31 December, and they must also remove all the Chinese firm's 5G kit from their networks by 2027.

Digital Secretary Oliver Dowden told the House of Commons of the decision.

It follows sanctions imposed by Washington, which claims the firm poses a national security threat - something Huawei denies.

Mr Dowden said the supply ban would delay the UK's 5G rollout by a year.

The technology promises faster internet speeds and the capacity to support more wireless devices, which should be a boon to everything from mobile gaming to higher-quality video streams, and even in time driverless cars that talk to each other. 5G connections are already available in dozens of UK cities and towns, but coverage can be sparse.

Mr Dowden added that the cumulative cost of the moves when coupled with earlier restrictions announced against Huawei would be up to 2bn, and a total delay to 5G rollout of "two to three years".

"This has not been an easy decision, but it is the right one for the UK telecoms networks, for our national security and our economy, both now and indeed in the long run," he said.

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Because the US sanctions only affect future equipment, the government has been advised there is no security justification for removing 2G, 3G and 4G equipment supplied by Huawei.

However, when swapping out the company's masts, networks are likely to switch to a different vendor to provide the earlier-generation services.

Huawei said the move was "bad news for anyone in the UK with a mobile phone" and threatened to "move Britain into the digital slow lane, push up bills and deepen the digital divide."

The action, however, does not affect Huawei's ability to sell its smartphones to consumers or how they will run.

China's ambassador to the UK said the decision was "disappointing and wrong".

"It has become questionable whether the UK can provide an open, fair and non-discriminatory business environment for companies from other countries," tweeted Liu Xiaoming.

But US Secretary of State Mike Pompeo welcomed the news, saying: "The UK joins a growing list of countries from around the world that are standing up for their national security by prohibiting the use of untrusted, high-risk vendors."

New restrictions will also apply to use of the company's broadband kit.

Operators are being told they should "transition away" from purchasing new Huawei equipment for use in full-fibre networks, ideally within the next two years.

Mr Dowden said the government would "embark on a short technical consultation" with industry leaders about this.

He explained that the UK needed to avoid becoming dependent on Nokia - which is currently the only other supplier used for some equipment - and he wanted to avoid "unnecessary delays" to the government's gigabit-for-all by 2025 pledge.

BT's Openreach division told the BBC it had in fact recently struck a deal to buy full-fibre network kit from a new supplier - the US firm Adtran - but first deliveries would only start in 2021.

The UK last reviewed Huawei's role in its telecoms infrastructure in January, when it was decided to let the firm remain a supplier but introduced a cap on its market share.

But in May the US introduced new sanctions designed to disrupt Huawei's ability to get its own chips manufactured. The Trump administration claims that Huawei provides a gateway for China to spy on and potentially attack countries that use its equipment, suggestions the company strongly rejects.

The sanctions led security officials to conclude they could no longer assure the security of its products if the company had to start sourcing chips from third-parties for use in its equipment.

The minister cited a review carried out by GCHQ's National Cyber Security Centre as being the motivation for the changes.

NCSC has said Huawei products adapted to use third-party chips would be "likely to suffer more security and reliability problems".

But other political considerations are also likely to have also come into play, including the UK's desire to strike a trade deal with the US, and growing tensions with China over its handling of the coronavirus outbreak and its treatment of Hong Kong.

Some backbench Tory MPs had pressed for a shorter time-span for its removal, in particular there had been calls for the 5G ban to come into effect before the next election in May 2024.

However, Mr Dowden said that "the shorter we make the timetable for removal, the greater the risk of actual disruption to mobile phone networks".

BT and Vodafone had warned that customers could face mobile blackouts if they were forced to remove all of Huawei's 5G kit in less time.

Labour's shadow technology minister Chi Onwurah said the government was incapable of sorting "this mess out on their own".

It had "refused to face reality" and been "incomprehensively negligent" in allowing matters to get to this point, she added, and a taskforce of experts now needed to be created.

Hopes on the part of government that this decision may put the Huawei issue to bed may be optimistic.

The reason that we are here again despite a decision in January is because one of the key players - the US - played a new card in the form of sanctions.

And there is still time between now and legislation coming to parliament in Autumn for others to do the same - whether Conservative backbenchers or Beijing.

In the long run, many countries will be watching carefully how China reacts.

Will it feel it needs to punish the UK in order to discourage others from following its lead on 5G? Or will it want to avoid being seen as a bully and prefer to try and influence the decision more subtly? Whatever the case, the Huawei story in the UK is not over yet.

Huawei says it employs about 1,600 people in the UK and claims to be one of Britain's largest sources of investment from China.

The firm - whose shares are not publicly traded - does not provide a regional breakdown of its earnings. But on Monday, it announced a 13% rise in sales for the first half of 2020 compared to the same period in 2019, totalling 454bn yuan ($64.8bn; 51.3bn).

The UK will have accounted for a fraction of that. The firm's UK chief recently noted that Huawei had only deployed a total of 20,000 5G base stations - the radio receiver/transmitter equipment fitted to a mast - in the UK so far. By contrast it expects to deliver a total of 500,000 globally this year.

Even so, what the firm fears and Washington hopes is that other countries will now follow Westminster's lead with bans of their own.

Despite there seeming little chance of a U-turn, Huawei said it was still urging UK ministers to reconsider.

"We will conduct a detailed review of what today's announcement means for our business here and will work with the UK government to explain how we can continue to contribute to a better connected Britain," spokesman Ed Brewster said.

Shortly before the announcement Sky News revealed that Lord Browne, Huawei's UK chairman and the ex-chief executive of BP, would be leaving the Chinese company before his term had expired. It said he had given his notice a few days ago and would formally step down in September.

Lord Browne had led efforts to improve the company's image in the UK and had tried to prevent a ban.

"He has been central to our commitment here dating back 20 years, and we thank him for his valuable contribution," said Huawei, confirming the report.

BT is set to be the telecoms operator most affected by the decision given it runs both the EE mobile network and Openreach, which provides fixed-line infrastructure to individual internet providers.

"We need to further analyse the details and implications of this decision before taking a view of potential costs and impacts," it said.

The move should, however, benefit Nokia and Ericsson, which are the two other main 5G kit vendors.

"We have the capacity and expertise to replace all of the Huawei equipment in the UK's networks at scale and speed... with minimal impact on the people using our customers' networks," said Nokia.

Ericsson added: "Today's decision removes the uncertainty that was slowing down investment decisions around the deployment of 5G in the UK... and we stand ready to work with the UK operators to meet their timetable."

However, both firms manufacture some of their 5G equipment in China, which has also caused concern in Washington.

In June, the US Department of Defense published a list of 20 companies it claimed had close ties to the Chinese military.

It included Panda Electronics - the firm with which Ericsson jointly runs a manufacturing facility in the Chinese city of Nanjing.

"A lot of companies assemble equipment or have some type of manufacturing in China," Ericsson's head of corporate communications Peter Olofsson told the BBC, when asked about this.

"Our trade compliance people have looked at this [list] and they concluded that it's not something that has an impact on Ericsson or our operations."

Ultimately Huawei believes that this was a political decision and not a business one.

And if the political winds change, then Huawei's fortunes may too.

My understanding is that a longer time frame for the removal of its 5G kit from UK networks was a relatively desirable outcome for Huawei.

So even though no new Huawei UK equipment can be bought by UK mobile carriers after the end of this year, the fact that the UK has until 2027 to remove Huawei's 5G kit from all of its network could be seen as a potential positive.

A new US administration in November could markedly change Washington's position on Huawei.

So for Huawei, playing the long game makes sense.

And one thing that was crystal clear to me from meeting Ren Zhengfei, the company's founder is that he's a fighter.

Nothing he has said indicates he is willing to give up.

For now though, the immediate impact of the UK decision will be seen as a signal that Washington's campaign on Huawei has worked.

And the Chinese firm will not want that replicated in other countries around the world.

Read more:

Huawei 5G kit must be removed from UK by 2027 - BBC News

By Emma Okonji

The Managing Director of SystemSpecs, Mr. John Obaro, has enjoined the federal and state governments, regulators as well as other players in the private and public sectors of the Nigerian economy to leverage technology to tackle the menace of corruption and illicit flow of funds.

Obaro, made the call recently, when he shared his thoughts during a panel discussion at a 2-day Africa Regional Webinar on Combating Corruption and Illicit Financial Flows in celebration of the 20th anniversary of the Independent Corrupt Practices and other related offences Commission (ICPC).

At the event where Vice President, Prof. Yemi Osinbajo, delivered the keynote address, Obaro noted the damage corruption was inflicting on Nigeria and the need to put in place a system driven by technology to minimise human intervention, reduce the use of discretion in financial matters, encourage the adoption of an end-to-end digital system, fully embrace a cashless economy and minimise the time to justice.

According to Obaro, It is indisputable that as a nation we must now, more than ever, know everyone and update their data as they progress through life. It is, therefore, time we took a critical look at our identity management system and converge all data that exist in various silos, for national good.

He also emphasised the need to deploy and enforce clear budgeting processes and ensure procurement systems are automated.

Obaro, noted that the execution of smart contracts and clear tax laws can go a long way in minimising the use of discretion, especially in the management of public funds.

Obaro, on his part, encouraged the Nigerian government to work towards a system that digitises processes across various facets of life including our electoral system.

At the earlier stage of Treasury Single Account (TSA) implementation in Nigeria, people presented receipts they had used before a practice from the pre-TSA era. However, as a result of the checks put in place through technology, that old practice that let people defraud the system was put to an end, Obaro said, adding that the country can take advantage of this current period to encourage individual and corporate citizens to minimise the use of cash and instead adopt the digital channels.

It is time to truly go digital, he said, while identifying the need to adopt a workable system whereby e-payment would be the major avenue for transactions, promote financial inclusion and encourage a credit culture in which people would not need to amass resources before they can acquire the essential needs of life like housing and shelter, he added.

In address, vice president Osinbajo said: Our experience in Nigeria as in other developing countries is that anonymous corporate ownership covers a multitude of sins including conflict of interests, corruption, tax evasion, money laundering, and even terrorism financing.

He added the need to protect those that fight corruption, saying, we must protect, even more, whistle-blowers persons who come forward with information against corruption.

The rest is here:

FG Urged to Adopt Technology in Tackling Corruption - THISDAY Newspapers

Evaluation of the Global Semantic Knowledge Graphing Market

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Advancements in Technology to Aid the Growth of the Semantic Knowledge Graphing Market Over the Forecast Period 2017 2025 - 3rd Watch News

Irreversible Electroporation Ablators Market

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Global Irreversible Electroporation Ablators Market by Trends, Dynamic Innovation in Technology and Key Players| AngioDynamics, Pulse Biosciences, and...

Staff at BAE Systems Warton and Samlesbury sites have worked with Williams Advanced Engineering to explore how battery management and cooling technologies from the motorsport industry could offer efficiency and performance gains in the air.

Next generation combat air technologies, such as the Tempest being designed at Warton, will need high-power at low weight in order to provide long range endurance and mission success.

Future systems will also need to generate enough energy to power a small town, which can be managed safely and efficiently throughout the aircraft and its subsystems, with pilots depending on high-performance power when you need it combat air capability.

WAE is a world leader in the design and delivery of advanced battery technologies that provide durable, fast charging power capability and was recently appointed as the Gen3 exclusive battery system supplier of the ABB FIA Formula E World Championship.

Julia Sutcliffe, chief technology officer for BAE Systems Air sector, said: Working in partnership with companies like WAE is vital to drive rapid innovation at the pace the Tempest programme demands.

"Changing how we engage with wider industry and leveraging the best technologies and processes from across the global supply chain is essential in order to deliver value to the UK, our international partners and our allies.

Paul McNamara, Technical Director, Williams Advanced Engineering, said: We feel privileged to be involved in this ground breaking project and are confident that our experience in advanced battery development and cooling technologies will allow us to deliver innovative new solutions that can be applied in the defence sector.

"We have already seen a number of tangible benefits.

Rolls Royce has also worked in the project, on development of power and thermal management systems.

Continued here:

Lancashire aircraft makers team up with motor racing specialists on battery technology - Blackpool Gazette

Murphys law states: Anything that can go wrong will go wrong. It always happens with centralized services. A year ago, we saw how half a million Facebook accounts were leaked online, exposing personal data. We will see it many times more with other services. The recent Twitter hack underscores this once again. The accounts of Elon Musk, Bill Gates, Jeff Bezos, Kanye West, Kim Kardashian, Mike Bloomberg, Joe Biden, Barack Obama, among others, were hacked to push a fraudulent offer with Bitcoin (BTC).

Writing for the BBC, cybersecurity commentator Joe Tidy opined: The fact that so many different users have been compromised at the same time implies that this is a problem with Twitters platform itself. All accounts were vulnerable; it was just a matter of choice for the hackers: Using celebrities is better to endorse scams.

The problem is that even if Twitter or any other service with similar architecture continues building the cybersecurity walls around its system, it will become more complicated and expensive, but not safer. The current paradigm of centralized services cannot offer a safer solution for users authentication.

I have recently written about new technologies that could protect data and digital identity, using the example of Australia and the European experience and how public key certificates could be protected with blockchain technology against distributed denial-of-service and man-in-the-middle attacks. Although my analysis was quite technical and thorough, perhaps it would be better to take a step back and comb through some general yet pertinent details that may enhance data protection.

Here is some terminology for you to use when asking your service provider, your online store or your government about whether they are protecting your personal data:

To put things into perspective, lets go through a hypothetical situation.

Alice generates her cryptographic pair: a private and public key. The private key encrypts transactions, using a digital signature; the public key decrypts them. The public key is used to verify whether Alice signed in, signed the contract, signed the blockchain transaction, etc.

To protect the private key, she will store it on a secure hardware device with PIN protection, for instance, on a smart card, a USB authentication token or a hardware cryptocurrency wallet. Nevertheless, a cryptocurrency address is a representation of a public key, meaning Alice can use it as her coin and token wallet.

Although the public key is anonymous, she can also create a verified digital identity. She can ask Bob to certify her identity. Bob is a certificate authority. Alice will visit Bob and show her ID. Bob will create a certificate and publish it on a blockchain. Certificate is a file that announces to the general public: Alices public key is valid. Bob will not publish it on his server the same way other traditional certificate authorities do now. If a centralized server were ever disabled in a DDoS attack, no one would be able to confirm whether Alices digital identity is valid or not, which could lead to someone stealing her certificate and faking her identity. This would be impossible if the certificate or at least its hash sum were published on-chain.

With a verified ID, she can perform official transactions, for example, registering a company. If Alice is an entrepreneur, she may want to publish her contacts, such as a telephone number. Using a blockchain is a safer choice because when data is published on social media, a hacker can break into an account and replace it to redirect calls to another number. None of this would be possible on a blockchain.

If Alice goes to a liquor store, she can use her verified DID. The seller, Dave, will use his app to verify and confirm Alices DID instead of her paper ID. Alice does not need to disclose her name and date of birth. She will share with Daves app her identifier, which Bob certified, her picture and an Above 21 y.o. statement. Dave trusts this record because Bob is a certificate authority.

Alice can create various pseudonyms for online shopping, social media and crypto exchanges. If she loses her private key, she will ask Bob to update his record on the blockchain to announce that Alices public key is invalid. Therefore, if someone stole it, everyone who interacts with her public key will know that they should not believe transactions signed with this key.

Of course, this is a simplified scenario, but it is not unrealistic. Moreover, some of these processes already exist. For example, the Estonian e-Residency card is nothing more than a smart card with the users private key. With this card, you can remotely register a company in Estonia or even sign contracts. Being integrated into a larger market, Estonian digital signatures are recognized across the European Union. Unfortunately, its governments still do not protect certificates on blockchains.

Knowledge is power. Users should know that their cybersecurity is not only in their hands, as one might say. Software and social media giants ought to make the shift to improve security standards, and users ought to demand it.

The views, thoughts and opinions expressed here are the authors alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

Oleksii Konashevych is the author of the Cross-Blockchain Protocol for Government Databases: The Technology for Public Registries and Smart Laws. Oleksii is a Ph.D. fellow in the Joint International Doctoral Degree in Law, Science and Technology program funded by the EU government. Oleksii has been collaborating with the RMIT University Blockchain Innovation Hub, researching the use of blockchain technology for e-governance and e-democracy. He also works on the tokenization of real estate titles, digital IDs, public registries and e-voting. Oleksii co-authored a law on e-petitions in Ukraine, collaborating with the countrys presidential administration and serving as the manager of the nongovernmental e-Democracy Group from 2014 to 2016. In 2019, Oleksii participated in drafting a bill on Anti-Money Laundering and taxation issues for crypto assets in Ukraine.

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Twitter Wouldnt Be Hacked If It Were Backed by Blockchain Technology - Cointelegraph

Social Networking Services Market is systematic exploration that delivers key statistics on the market status of the development trends, competitive landscape analysis, and key regions development status. The report has included strong players and analyses their limitations and strong points of the well-known players through SWOT analysis. This Report covers growing trends that are linked with major opportunities for the expansion of the Social Networking Services industry.

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PinterestTaringaTwitterWhatsAppBaidu TiebaGoogleVKontakteVKFacebookSina WeiboSnapchatWeChatTumblrLINELinkedInPinterestSkypeInstagramViberTencent QQ

The Geographical Analysis Covers the Following Regions

The recent outbreak of the COVID-19 (Corona Virus Disease) Provide extra commentary on the newest scenario, an economic slowdown on the overall industry. In addition to this, the report also includes the development of the Social Networking Services market in the major regions across the world.

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Global Social Networking Services Market Segmentation: By Types

Desktop computersMobile devices

Global Social Networking Services Market Segmentation: By Applications

General Social Networking ServiceParticular Social Networking Service

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This research report represents a 360-degree overview of the competitive landscape of the Social Networking Services Market. Furthermore, it offers enormous statistics relating to current trends, technological advancements, tools, and methodologies.

Global Social Networking Services Market Research Report 2020

Chapter 1 About the Social Networking Services Industry

Chapter 2 World Market Competition Landscape

Chapter 3 World Social Networking Services Market share

Chapter 4 Supply Chain Analysis

Chapter 5 Company Profiles

Chapter 6 Globalization & Trade

Chapter 7 Distributors and Customers

Chapter 8 Import, Export, Consumption and Consumption Value by Major Countries

Chapter 9 World Social Networking Services Market Forecast through 2027

Chapter 10 Key success factors and Market Overview

It concludes by throwing light on the recent developments that took place in the Social Networking Services market and their influence on the future growth of this market.

Table of Content & Report Detail @ https://www.globalmarketers.biz/report/technology-and-media/global-social-networking-services-market-report-2020-by-key-players,-types,-applications,-countries,-market-size,-forecast-to-2026-(based-on-2020-covid-19-worldwide-spread)/155678#table_of_contents

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Global Social Networking Services Market Global Business Growing Strategies, Technological Innovation And Emerging Trends Outlook To 2026 - Cole of...

Hyper automation, digital supply chain twins, and continuous intelligence are among the top supply chain trends identified by Gartner for 2020.

The analysts have selected strategic supply chain technology trends that have a high potential for positive impact on people, performance, and industries. Some are now reaching critical tipping points in capability and maturity.

The vast majority of organizations have a cautious approach to adopting supply chain applications and technologies, said Christian Titze, vice president analyst with the Gartner Supply Chain Practice. Only 21% are willing to consider, and often adopt, early-stage technologies. However, even cautious supply chain leaders must keep an open mind and embrace long-term perpetual change.

The top supply chain technology trends in 2020 are:

Hyperautomation

Hyperautomation is a framework to mix and match a vast array of technologies in the best possible way such as historic legacy platforms with recently deployed tools and planned investments. The term means different things for different organizations, so supply chain leaders must first find their individual definition. If deployed correctly, hyperautomation can encourage broader collaboration across domains and act as an integrator for disparate and siloed functions.

Digital Supply Chain Twin (DSCT)

A DSCT is a digital representation of the physical supply chain. It is derived from all relevant data across the supply chain and its operating environment. That makes the DSCT the basis for all local and end-to-end decision making.

DSCTs are part of the digital theme that describes an ever-increasing merger of the digital and physical world, Mr. Titze added. Linking both worlds enhances situational awareness and supports decision-making.

Continuous Intelligence

Continuous intelligence (CI) is one of the biggest opportunities for supply chain leaders to accelerate their organizations digital transformation. It leverages a computers ability to process data at a much faster pace than people can. Supply chain leaders or other systems can look at the processed data in near real-time, understand what is happening and take action immediately.

There are already several use cases for CI in decision support and decision automation. For example, retailers utilize CI to automatically react to customer behaviors when they shop online. This enables better customer service, more customer satisfaction and tailored offers that lead to higher sales revenue, Mr. Titze explained.

Supply Chain Governance and Security

This is an increasingly important macro trend, as global risk events are on the rise and security breaches impact companies on both the digital and physical level.

Gartner anticipates a wave of new solutions to emerge for supply chain security and governance, especially in the fields of privacy as well as cyber and data security, Mr. Titze said. Think advanced track-and-trace solutions, smart packaging and next-gen RFID and NFC capabilities.

Edge Computing and Analytics

The rise of edge computing where data is processed and analyzed close to its collection point coincides with the proliferation of Internet of Things (IoT) devices. Its the technology you need when there is a demand for low-latency processing and real-time, automated decision making.

Edge computing is right now making its way into the manufacturing industry. For example, some organizations have adopted driverless forklifts for their warehouses. Heavy equipment sellers can use edge computing to analyze when a part needs maintenance or replacement.

Artificial Intelligence (AI)

AI in the supply chain consists of a toolbox of technology options that help companies understand complex content, engage in a natural dialogue with people, enhance human performance, and take over routine tasks.

AI technology is present in a lot of already existing solutions, but its capabilities evolve on a constant basis, Mr. Titze added. Currently, the technology primarily helps supply chain leaders solve long-standing challenges around data silos and governance. Its capabilities allow for more visibility and integration across networks of stakeholders that were previously remote or disparate.

5G Networks

Compared to its predecessors, 5G is a massive step forward with regard to data speed and processing capabilities. The ubiquitous nature of 5G boosts its potential for supply chains. For example, running a 5G network in a factory can minimize latency and enhance real-time visibility and IoT capabilities.

Immersive Experience

Immersive experience technology, such as virtual, augmented, and mixed reality has the potential to radically influence the trajectory of supply chain management. Those new interaction models amplify human capabilities. Companies already see the benefits of immersive experiences in use cases like onboarding new factory workers through immersive on-the-job training in a safe, realistic virtual environment, Mr. Titze concluded.

Gartner clients can learn more in the report The 2020 Strategic Supply Chain Technology Trends.

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Gartner reveals Top Supply Chain Technology Trends in 2020 - Which-50