The presence of IoT technology in the petroleum industry is not a new concept. However, the value derived from this information is what differentiates an organisation from another.
Recent IDTechEx research in their report, Electronic Skin Patches 2019-2029, has revealed significant opportunities in the development and use of electronic skin patches, with more than US$7.5 billion (€6.8 billion) in revenue made from the technology in 2018 and a growth forecast of over $20 billion (€18.2 billion) per year over the next decade.
According to Frost and Sullivan’s smart cities report, the global market is forecast to be worth a staggering $1.56 trillion (€1.43 trillion) by 2025. This perhaps comes as no surprise given the continuous rise in the number of smart cities being ‘created’ world-wide, from Amsterdam, Dublin and Peterborough, to Dubai, Taipei and New York City.
From Lahore, Shanghai and New York City, to Barcelona, Manchester and Milton Keynes, we’re seeing an exponential rise in the number of smart cities being ‘created’ globally, with the intention of making citizens’ lives more convenient, secure and sustainable.
WeKnow Media Ltd, the award organisers, are pleased to announce the shortlisted nominees of the 2019 IoT Global Awards!
“Yes,” says Kari Terho, director and head of Smart Factory of Elisa Smart Factory. Here he explains how his team has boosted the battery cell production yield by 16% with Predictive Quality Analytics at eLab, the electromobility research centere in the University of Aachen in Germany.
According to a new market report the global location-based ambient intelligence market is projected to reach a value of approximately US$497 billion by 2027. According to Transparency Market Research, the market is projected to expand at a compound annual growth rate (CAGR) of about 21% from 2019 to 2027.
Information technology (IT) and operational technology (OT) have been coming together in IoT for several years now. Robin Duke-Woolley, the chief executive of Beecham Research interviewed Roberto Siagri, the chief executive of Eurotech, to explore the advantages of this and assess what progress has been made in integrating the two technologies.
The emergence of IoT has been great news for people with disabilities, making many lives so much easier due to the many tools, devices and add-ons that are now available which have improved user access.
WEEK IN IoT – OK, I admit it. I have a real problem with the notion that there’s a killer app for each new bearer technology that comes along, says Jeremy Cowan. Perhaps this is because ‘What’s the Next Big Thing?’ is the first question I’m asked every year when I meet people at Mobile World Congress.The Next Big Thing
“So, Jeremy,” they say, “what’s the Next Big Thing here [...]
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