Claudio Cataldo and Carlos Toro with NTT Data
Industrial Talk is onsite at OMG, Q1 Meeting and talking to Carlos Toro and Claudio Soarzo Cataldo with NTT Data about “Data and Analytics solutions that drive insights and operational success.”
Scott MacKenzie hosts an industrial podcast featuring Claudio and Carlos from NTT DATA, discussing their work on digital twins and micro factories. Claudio, head of digital technology in Entity Data Chile, and Carlos, head of data and analytics, explain how digital twins enhance efficiency and safety in industries like mining. They highlight the importance of data management and the development of a composable digital twin methodology. Carlos introduces the concept of micro factories as training and showcasing tools, which can be used for remote monitoring and supply chain optimization. The conversation emphasizes the role of data analytics in driving industrial innovation and efficiency.
Darin Briskman and Josh Bartliff with Imply
Industrial Talk is onsite at DistribuTECH and talking to Darin Briskman, Director of Technology and Josh Bartliff, Strategic Account Executive with Imply about “Highspeed, real time, data analytics supporting the demands of the utility market”. Here are some of the key takeaways from our conversation:
The speakers discussed the significance of real-time data analytics in the utility industry, emphasizing its role in making timely decisions, avoiding cascading failures, and optimizing operations. They highlighted the need for utilities to modernize their systems to accommodate real-time decision-making, leveraging technologies such as AI and ML to analyze vast amounts of data from sensors and make decisions in sub-second intervals. The speakers also discussed the challenges of managing and analyzing large volumes of data in real-time, including the need for a database that can handle both streaming data from latest devices and traditional data from mainframes, and mentioned Apache druid as a potential solution.
Richard Robinson with Bloomberg
Industrial Talk is onsite at OMG, Q1 Meeting and talking to Richard Robinson, Chief Strategist and Author with Bloomberg LP about “Open Data and Standards Development for All”.
Scott MacKenzie and Richard discuss the importance of standardizing financial data modeling to improve data quality, with Richard highlighting the challenges of keeping track of multiple identifiers for the same company across different countries and exchanges. They also discuss the adoption and governance of financial data standards, with Scott MacKenzie highlighting the high demand for FIGI data and the importance of open source licensing for good governance. Richard Robinson and Scott MacKenzie then engage in a conversation about the significance of standards in the digital age, with Richard emphasizing the need for standards to ensure interoperability and facilitate innovation, while Scott expresses his amazement at the complexity of standards and their impact on everyday life.