Industry 4.0. The Industrial Internet of Things. Digitalisation. Smart manufacturing. The fourth industrial revolution (4IR). There are dozens of different names for the uptake in connected technologies and the convergence of IT and OT systems taking place in industry at the moment. One thing most people do agree on, however, is that it’s tech-driven. But should this really be the case?
Verizon has been chosen to update Washington State’s Peninsula Light Company (PenLight) power distribution system with Verizon’s Grid Wide Utility Services Intelligent Energy platform. Electric meters equipped with Verizon cellular connectivity will replace end-of-life meters in the homes and businesses of over 33,000 PenLight members.
Global research and development budgets for drones is expected to hit 4 billion dollars by 2020 according to Statista. This, says freelance writer Jocelyn Brown, signals the increased application of drones, across various industrial sectors.
SIMO Corporation, the parent company behind Skyroam, a portable Wi-Fi device brand, announces the establishment of a new IoT & B2B business unit, with Ludovic Lassauce, former head of mobile and Internet of Things in the Asia-Pacific region for Tata Communications, appointed as CEO.
Insight Enterprises, a Fortune 500 global solution integrator for organisations of all sizes, announced the launch of Insight Connected Suite, a fully managed Internet of Things (IoT) solution that is industry-agnostic and helps clients accelerate the use of smart solutions.
How can wind turbines on wind farms be fixed remotely? Will there be variable insurance policies that adapt to our driving behaviour? How can cyberattacks affecting the safety of autonomous cars be tackled? How can the water pollution of a river be monitored? How can energy losses in gas distribution networks be detected?
Global Smart Factory Market is set to grow from its current market value of more than $75 billion (€66 billion) to over $155 billion (€138 billion) by 2025; according to a new research report by Global Market Insights, Inc.
Digital Twin Market size is set to exceed US $20 billion (€17 billion) by 2025; according to a new research report by Global Market Insights, Inc.
According to new a research report from the IoT analyst firm Berg Insight, the installed base of smart electricity meters in North America will grow at a compound annual growth rate of 8.0% between 2018 and 2024 to reach 142.8 million at the end of the period.
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