Advertorial feature
[ BAILLIE GIFFORD ]
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The next generation of
computing is driving a
new paradigm shift today,
helping to completely
reinvent traditional
industrial processes that
have been commonplace
since the 1800s
over for traditional manufacturing-
based businesses. While the insatiable
demand for physical goods continues,
traditional industry will remain a
mainstay of the global economy,
albeit a smaller part than previously.
In the past, economies of scale were
the friend of the manufacturer.
However, these economies of scale
would eventually hit a limit, requiring
a fundamental paradigm shift in
the system’s design in order to grow
beyond that inflection point. The
next generation of computing is
driving a new paradigm shift today,
helping to completely reinvent
traditional industrial processes that
have been commonplace since the
1800s. Several of the companies in the
Scottish Mortgage portfolio are at the
forefront of this evolution.
One example is Uptake Technologies,
which sells predictive analytics
software to customers in major
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industries across the globe. Founded
in 2014 by entrepreneur Brad Keywell,
the US-based company uses data
and applies machine learning to help
customers improve the productivity,
reliability and safety of large
machinery, such as trains, trucks, and
wind turbines. Data collected from
sensors are fed into Uptake’s algorithms
and analysed to predict faults and
suggest improvements. Uptake has a
huge opportunity to add value for large
physical asset owners, many of whom
operate in industries which haven’t
seen significant innovation since the
industrial revolution. Large companies
have been quick to understand the
possibilities, with Caterpillar and
Berkshire Hathaway Energy already
valued customers.
The 3D printing industry has got
off to a less auspicious start, with the
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