This article discusses a potential change that could be occurring for taxpayers that receive the research and development tax credits. Currently, immediate expensing is allowed for taxpayers who are granted R&D credits. However, the Tax Cuts and Jobs Act is set to eliminate immediate expensing starting in 2022. This Act operates under an amortization …
This article discusses how farmers are looking at 2022 as a recovery year and are expecting new technology and taking advantage of climate conditions to be a vital piece in that process. For example, increased use in aerial imaging, efficient water management, indoor vertical farming, and data integration are all trends to be educated …
This article shows how manufacturers can implement AI and smart edge computing into their factories without having to ramp up infrastructure investment. Smart edge computing enables robots to continue to do their jobs with or without a strong internet connection. Edge computing also is cost-effective and has reliable security because edge systems are decentralized. …
This article explains why hyper-automation is the solution for companies attempting to automate simple routine procedures. Hyper-automation is defined as ” end-to-end automation that combines complementary technologies such as deep learning, advanced analytics, machine vision, natural language processing, RPA, and artificial intelligence to augment business processes.” To discover if end-to-end automation can deliver substantial …
This article discusses a variety of trends that are expected to have a significant impact in the coming year on the agricultural and food industry according to Whole Foods. For example, indoor farming and greenhouses, the use of Yuzu, and the popularity of non-alcoholic beverages among millennials and Gen Z members are not expected …
This article explains why manufacturers should steer away from old traditions and embrace digital technologies. Manufacturing companies are under pressure for finding new ways to cut costs, boost productivity, improve profitability and optimize consumer experiences. Some manufacturing companies are gaining a competitive advantage over other companies because they have implemented “Internet of Things technology …
This article acknowledges and discusses how the unprecedented times we are currently living in make it difficult to predict what lies ahead for specific industries such as manufacturing and life science. However, some key points to be aware of include COVID-19 realities becoming mainstream, mass customization, flexibility, and an increased focus on data to …
This article discusses how many signs pointed towards a full supply chain recovery following the coronavirus pandemic. The outlook was so positive that deflation was seen as a problem of the past. However, a full-blown crisis of energy shortages, labor, and transport problems are beginning to be experienced throughout the world. Further, Mohamed El-Erian, …
This article discusses how a major shift is occurring within the agricultural industry, and it is expected to change the way the industry operates on a day-to-day basis. The trends of technological advancements and ways to combat climate change are at the front of this new wave. For example, aerial imaging technology, digitalize communication, …
