Latest news with #Radix
Forbes
09-05-2025
- Business
- Forbes
How Digital Twins Unlock Supply Chain Resilience
Alexander Clausbruch, CEO North America, Radix, offering operational excellence for asset-intensive industries. getty Amid growing geopolitical tensions and unpredictable politics, the global economy is steeling itself for constant, sudden change. As the new U.S. administration rolls out unprecedented international tariffs, industrial supply chains and materials deliveries must brace for significant disruption risk. For many organizations, the period during the pandemic brought logistics into sharp focus as demand-supply shocks and international bottlenecks reshaped global production cycles. That same need for organizational agility and resilience is being brought to the fore in today's turbulent economic and political climate. This extended period of instability and volatility has been termed a "permacrisis" by former dean of Stanford Business School Michael Spence in a book of the same name, co-authored by Gordon Brown, Mohamed El-Erian and Reid Lidow. According to research from the Business Continuity Institute, 80% of global organizations' supply chains were disrupted over the past 12 months, with most experiencing between one and 10 disruptions. Modern technologies have advanced to such a level that they can now fortify supply chains with the necessary agility and intelligence to navigate operational fluctuations. By adopting the right technology infrastructure and supporting strategies, forward-thinking industrial firms can not only withstand volatility but thrive in it. Innovative solutions help provide businesses with an end-to-end, clear view of the supply chain. The digital twin—a virtual replica of a company's systems and processes that can use real-time data to test and optimize scenarios—helps to form the core of optimized modern supply chain management. A digital twin integrates live data from sensors, Internet of Things (IoT) devices and enterprise systems to create a digital representation of a supply chain. This setup allows businesses to monitor operational performance in real time while optimizing production planning, inventory management and logistics. It's no wonder the market for digital twins is set to grow 40% annually, reaching $259 billion by 2032, according to Fortune Business Insights. Companies that can swiftly adjust their supply chains by sourcing from different suppliers, changing production methods or rerouting logistics can gain a competitive edge. A study by the Digital Supply Chain initiative, which polled 24 top executives running some of the world's largest supply chains, found that supply chain digitization can lead to a 20% reduction in procurement costs, a 50% reduction in supply chain costs and 10% revenue increases. Digitized supply chains also help to optimize resources, reduce waste and support sustainability efforts by adapting production and distribution based on real-time demand. A broad suite of technologies supports the modern digital twin in making supply chains more agile and resilient. AI-infused analytics can be fed into the system to help businesses forecast demand, optimize routing and automate decision-making. Machine learning algorithms can then identify patterns in supply chain data, making predictive insights more accurate and actionable. IoT enables real-time tracking of shipments, inventory levels and equipment performance. Smart sensors provide critical insights, like temperature monitoring for perishable goods or vibration tracking for machinery maintenance. All the while, cloud-based supply chain platforms support global accessibility, ensuring that all stakeholders—from manufacturers to drivers and retailers—can access real-time data. As a real-world, firsthand example, a pulp and paper mill (a customer of my company) implemented a digital twin that allowed the company to calculate and display mill-wide status, using mass and energy balance to monitor and predict operational conditions. It can also simulate future scenarios, allowing for proactive responses to unexpected disruptions as well as more precise planning and inventory management. In this way, digital twins can help enable enhanced supply chain coordination, optimized resources and lower costs, making operations more agile and resilient. Digital twins are also making strides in the civic arena, as evidenced by the city of Las Vegas. By leveraging a real-time virtual model of its infrastructure, the city is able to precisely monitor traffic, energy usage and water systems, using digital twin technology to significantly improve its sustainability efforts. The city's digital twin allows officials to simulate scenarios—like power outages or extreme weather—and optimize responses before issues arise. This approach is helping Las Vegas reduce emissions, improve services and enhance the quality of life for residents and visitors alike. Organizations don't need to start with large-scale investments to benefit from digital twins. A key first step is to map out existing data sources, like ERP systems, IoT devices or even spreadsheets, to assess what's already being captured. Cross-functional collaboration is essential throughout the process. Companies should involve operations, IT and supply chain teams early to identify gaps, set goals and define success metrics. By aligning digital twin efforts with existing KPIs and business priorities, companies can scale as value is proven. Another important internal step is to standardize data governance and ensure data quality. Digital twins thrive on accurate, timely information, so businesses should evaluate how well their data is organized and integrated. Ultimately, the best digital twin strategies grow from what companies already have, turning everyday data into a powerful operational asset. Supply chain resilience has evolved beyond contingency planning; it is about leveraging technology to anticipate and respond in an unpredictable world. Supply chains of the future will no longer be siloed, rigid or static—they will be self-correcting and proactive, withstanding whatever comes their way. I believe digitization is the path forward for businesses that want to build agility and flexibility at their core. It is these businesses that will succeed and thrive in the face of uncertainty. Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?
Yahoo
29-04-2025
- Business
- Yahoo
Radix to showcase AI driven Digital transformation for the Pulp and Paper Industry at TAPPICON 2025
The company will demonstrate strategies of GenAI application and accelerated adoption of new digital tools for Operational excellence and cost savings Radix to showcase AI driven Digital transformation for the Pulp and Paper Industry at TAPPICON 2025 HOUSTON, April 29, 2025 (GLOBE NEWSWIRE) -- Radix, a technology services company delivering innovative industrial solutions to asset-intensive industries, will attend the TAPPICON 2025 Conference at the Minneapolis Convention Center, from May 4 to May 7, 2025. For the past three years, Radix has actively participated at TAPPICON, supporting the growth and development of the Pulp and Paper industry. This year, the Radix team will step up to share insights that enable collaboration, education and elevate innovation and action. André Furtado, Digital Transformation Expert at Radix who will present a couple of success stories commented: 'We're excited to connect and collaborate with the industry leaders and experts sharing our insights into process improvement and optimization that boost productivity and reduce cost. In essence, insights that Radix can help elevate operational excellence at scale through data-driven, measurable solutions that have the buy-in of both the stakeholders and day to day users." 'The Radix team will share how digital transformation and data analytics are driving measurable improvements in ways that were previously unattainable. Unlocking these insights could elevate operational excellence and enhance workplace safety for asset-intensive industries like pulp, paper and tissue,' Robert Bustin, Pulp & Paper Industry Specialist at Radix added. Andre and Robert will share insightful presentations that can inspire and elevate the dialogue: 'Change Management in Digital Transformation: Key Strategies for Successful Implementation' – André Furtado 'Leveraging GenAI for Enhanced Plant Performance: An OEE Case Study' – André Furtado 'The Path to Optimized Asset Performance Management: A Comprehensive Framework" – André Furtado 'Enhancing Workplace Safety with Computer Vision: Real-Time Monitoring and PPE Compliance" – Robert Bustin 'How Can the Management of Critical Assets in the Pulp and Paper Industry Be Transformed Through Predictive Maintenance and Proactive Anomaly Detection Using PIMS to Enhance Planning and Ensure OEE? ' – André Furtado The Radix's team including Simon Sierra, Business Development Manager for Manufacturing looks forward to engaging and build strong relationships by welcoming you to the presentations or the Radix Booth #324. For more information, visit RADIX | TAPPICON 2025. About Radix Founded in 2010, Radix is a privately held technology solutions company providing consulting, engineering, operations technology, and data and software technology solutions globally. Radix combines key capabilities and practices to empower customers to thrive along their digital transformation journey. Radix provides technology-based, data-driven solutions to industrial and non-industrial companies worldwide. Radix has experience leading projects in more than 30 countries. It has more than 1,800+ employees around the globe, with North American headquarters in Houston, Texas, main headquarters in Rio de Janeiro, additional offices in Sao Paulo and Belo Horizonte, and a presence in Singapore and Amsterdam. To learn more, visit For more information:Citalouise Geiggar, A photo accompanying this announcement is available at in to access your portfolio
Yahoo
24-03-2025
- Business
- Yahoo
Radix Recognized in the 2025 Verdantix APM Buyers Guide for Shaping Asset-Intensive Industries with Operational Value
Report underscores Radix's legacy of helping customers navigate challenges by reducing costs, streamlining operations, improving safety, and extending the life of critical assets Radix Recognized in the 2025 Verdantix APM Buyers Guide for Shaping Asset-Intensive Industries with Operational Value HOUSTON, March 24, 2025 (GLOBE NEWSWIRE) -- Radix, a global leader in Asset Performance Management (APM), has been recognized in the 2025 Verdantix APM Buyers Guide, highlighting its robust expertise in enhancing operational value for Asset-Intensive Industries. This recognition underscores Radix's longstanding commitment to assisting clients in overcoming operational challenges through strategic cost reductions, streamlined operations, improved safety, and extending asset longevity. Kiran Darmasseelane, Senior Analyst at Verdantix, said: 'Industrial organizations are increasing spend on consulting services for industrial maintenance and operations over the next 12 months, with the Verdantix report expecting the IAM digital services market to reach $2.5 billion by 2025. Radix is seizing on this growing trend by leveraging strong partnerships with AVEVA and Cognite to deliver comprehensive APM and industrial data management services. With a proven track record in bespoke integrations, predictive models, digital twins, multi-site deployments, and navigating complex change management challenges, Radix helps firms in high-risk environments, such as pipelines, FPSOs, and power plants, reduce costs, improve asset integrity, enhance reliability, and achieve regulatory and decarbonization goals.' The Verdantix report emphasizes Radix's extensive experience in delivering digital asset management solutions to high-risk industries, including pipelines, floating production storage and offloading (FPSOs) units, and power plants. Radix's capabilities have consistently enabled customers to enhance reliability, reduce operational costs, strengthen asset integrity, and meet stringent regulatory and sustainability objectives. Alex Clausbruch, CEO of Radix North America, said: 'APM for many of our customers is vital to their goals of achieving operational excellence. Here at Radix, we enjoy the unique challenges that we can solve for our customers. As a result, they continue to trust our work and come back for more services as we continue to help customers not just in North America, but globally. It is an honor to be mentioned with a stamp of approval by Verdantix. We look forward to helping other asset intensive companies scale.' The Verdantix 2024 survey indicates that 84% of industrial firms intend to boost maintenance budgets, and 46% plan digital transformations for plant operations within the next year. This growing trend has led businesses to increasingly partner with industrial asset management (IAM) technology providers to modernize maintenance strategies effectively. Verdantix's annual asset management report highlights 12 leading IAM implementation providers, offering valuable insights for executives addressing asset maintenance challenges and guiding them in forming successful asset management partnerships and strategies. Flavio Guimaraes, Chief Practices & Alliances Officer, Radix, said: 'As we continue to grow our portfolio at Radix, I am proud of our entire company and everything we have been building in the past 15 years, and we are also honored for being recognized by Verdantix. This auspicious acknowledgement shows the value of our expertise and the trust our customers have in Radix; highlighting our work in the market in Asset Performance Management.' The full report is available online for Radix clients and corporate customers at About Radix Founded in 2010, Radix is a privately held global technology solutions company providing consulting, engineering, operations technology, and data and software technology solutions. Radix combines key capabilities and practices to empower customers to thrive along their digital transformation journey. Radix provides technology-based, data-driven solutions to industrial and non-industrial companies worldwide. Radix has experience leading projects in more than 30 countries and has more than 1,700+ employees around the globe, with North American headquarters in Houston, Texas, main headquarters in Rio de Janeiro, additional offices in Sao Paulo and Belo Horizonte, and a presence in Singapore and Amsterdam. To learn more, visit For more information:Citalouise Geiggar, Radix A photo accompanying this announcement is available at
Yahoo
05-02-2025
- Business
- Yahoo
Radix, Gold Sponsor at ARC Industry Leadership Forum 2025, Revolutionizes Asset Performance & Operations
Radix showcases Next-Gen AI Solutions that deliver competitive advantages for Asset Intensive companies Radix showcases Next-Gen AI Solutions HOUSTON, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Radix, a global technology solutions company at the forefront of industrial digital transformation is proud to showcase a groundbreaking AI-powered solution designed to revolutionize operations in asset-intensive industries. As a Gold Sponsor at the ARC Leadership Forum 2025, taking place in Orlando, Florida, from February 10-13, 2025, Radix takes center stage for adding tangible, adoptable and scalable AI capabilities that deliver best-in-class asset performance and sustainability. What makes Radix AI solutions unique is the tailored effectiveness of their custom-built applications paired with the in-house, industry expertise and personalized customer focus and attention, resulting in immediate, beneficial impacts to both production and profits for any industrial company. At ARC, these capabilities will reflect the Radix theme of 'On the Ground: Accelerate. Optimize. Scale.' Alex Clausbruch, CEO of North America at Radix, expressed his enthusiasm for the company's continued participation with a large executive team attending alongside partners, such as Cognite and clients, like Devon Energy. 'We pride ourselves on being "on the ground," working side by side with our customers and partners. We are happy to share the innovative approaches to Asset performance management, energy transition, digitalization and sustainability to empower our customers to achieve transformational business performance and excellence," Clausbruch commented Heavy hitters from Radix's executive team and industry experts, along with its long-standing partners and customers, will be showcasing solutions during the ARC event and plan to focus on industries like Oil and Gas, Chemical, Manufacturing, and Power in both workshops and in scheduled sessions. 'We are quickly growing and expanding our footprint in North America, and ARC is a fantastic platform to showcase what are doing to create a sustainable impact with our clients,' said, Natalia Klafke, Executive Vice President of Energy and Sustainability at Radix. 'From energy management to more ways on how digital next-gen solutions are empowering customers to reach decarbonization targets, Radix is proud to showcase these and other capabilities at ARC 2025.' Radix's delegation will participate in various sessions, including an interactive lunch workshop on asset-intensive solutions, a risk-reduction via smart infrastructure sustainability session, and an AI Industrial Co-pilot session focusing on cutting edge technology and successful transformation initiatives. For more information visit RADIX | ARC Industry Leadership Forum 2025. About Radix Founded in 2010, Radix is a privately held global technology solutions company providing consulting, engineering, operations technology, and data and software technology solutions. Radix combines key capabilities and practices to empower customers to thrive along their digital transformation journey. Radix provides technology-based, data-driven solutions to industrial and non-industrial companies worldwide. Radix has experience leading projects in more than 30 countries and has more than 1,700+ employees around the globe, with North American headquarters in Houston, Texas, main headquarters in Rio de Janeiro, additional offices in Sao Paulo and Belo Horizonte, and a presence in Singapore and Amsterdam. To learn more, visit For more information:Citalouise Geiggar, Radix A photo accompanying this announcement is available at in to access your portfolio
Associated Press
26-01-2025
- Business
- Associated Press
Radix Adds World-Class Supply Chain Resilience to Best-In-Class Asset Performance Management
Radix, a global technology solutions company at the forefront of industrial digital transformation, unlocks data with actionable insights at scale with speed, and sustainability to drive optimal asset performance in industries such as Energy, Chemical, Manufacturing, Oil & Gas, Power Generation and Distribution, Pulp & Paper, and Metals, Mining & Minerals. Radix supply chain and asset performance competencies drives resilience, visibility, and performance, across all industry verticals. With its 'on the ground,' world-class industry experts and data-driven transformation capabilities, Radix bolsters the total product lifecycle and boosts the decision-making capability within the entire Supply Chain spectrum. Grant Belden, Vice President of Supply Chain and recent addition at Radix, spearheads the Radix supply chain division. Belden joins Radix bringing 25 years of 'end to end' supply chain experience in industry experience with commercial, planning, sales and operational planning, procurement, logistics and warehousing – all on a global scale. 'Radix is and has always been about being on the ground with our customers to help them achieve new levels of operational success. Grant's robust Supply Chain leadership experience deepens the team's expertise and impact with a wealth of Sales and Operational Planning leadership experience and capabilities,' says Keith Stentiford, SVP of Infrastructure North America. 'Radix is uniquely built with data intelligence and people in mind, supported by a large team of in-house engineers and data scientists experts,' says Alexander Clausbruch, Founder & Chief Executive Officer, of Radix North America. 'Our deep industry knowledge, and 'skin in the game' capabilities empower our customers' digital transformation journey to accelerate, scale, and better navigate the various phases of the supply chain from end to end. I am proud of our team and our growth as we continue to be on the ground with our customers expanding our footprint in North America and around the world.' 'Radix provides executives, managers, and field operators across supply chain ecosystems with clear roadmaps and implementation services to optimize and navigate the most critical aspects of their Supply Chain and Asset Management operations,' said Tim Brown, Academic Program Director for AI at the Georgia Institute of Technology and previous Managing Director of the Georgia Tech Supply Chain and Logistics Institute. According to Belden, Radix's value within the supply chain spectrum is unique. 'Where most Supply Chain point providers stop and hand off services within the larger supply chain process, Radix continues by empowering operations with industry-leading Asset Performance Management. As a result, we provide the value and industrial intelligence that companies need to seamlessly manage the entire product lifecycle.' The Radix Supply Chain team will attend the Manifest Supply Chain event in Las Vegas from February 10 to 12 - showcasing the tangible impact of Radix Supply Chain visibility, and the resilience that comes from Radix's best-in-class Asset Performance Management services and solutions. About Radix Founded in 2010, Radix is a privately held global technology solutions company providing consulting, engineering, operations technology, and data and software technology solutions. Radix combines key capabilities and practices to empower customers to thrive along their digital transformation journey. Radix provides technology-based, data-driven solutions to industrial and non-industrial companies worldwide. Radix has experience leading projects in more than 30 countries and has more than 1,700+ employees around the globe, with North American headquarters in Houston, Texas, main headquarters in Rio de Janeiro, additional offices in Sao Paulo and Belo Horizonte, and a presence in Singapore and Amsterdam. To learn more, visit
