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IBM


Data Breaches Cost More Than $4 Million Per Incident, Power Industry at High Risk

IBM Security reported on July 28 that the average cost of recent data breaches was $4.24 million per incident, the highest cost ever recorded by the company in 17 years…


POWER Digest [March 2020]

Siemens Buys Out Iberdrola, Readying to Spin Off Gas and Power and SGRE Businesses. Siemens AG will acquire Spanish renewables giant Iberdrola SA’s full 8.1% stake in Siemens Gamesa Renewable…


Report: Blockchain Not Well-Suited to Transactive Energy

Blockchain—a distributed database technology that allows a network of parties to securely transact with each other—has been hailed as a game-changing innovation in the power sector for its potential to…


The POWER Notebook: Power Sector Digitalization Accelerates
Power-plant-Digital

The pace at which new digitalization technologies are being adopted in the power sector is dizzying, but news from major players in the sector—among them, AES, Invenergy, Google, and IBM—this…


Fluor Uses IBM Watson to Deliver Predictive Analytics Capability for Megaprojects 

 Fluor drives digital transformation with artificial intelligence solution to monitor status of global projects and drive significant project cost savings IRVING, Texas (September 13, 2018) and ARMONK, New York–Fluor Corporation(NYSE:…