Seeq Corp expands Saudi-led Series B funding with US$24mn to fuel advanced analytics

Seattle, USA-based Seeq Corporation, a specialist in manufacturing and Industrial Internet of Things (IIoT) advanced analytics software, has secured a US$24 million (€21.5) expansion of its Series B funding.

Read more

Smart factory market to cross US$155 bn by 2025

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.

Read more

After growth, bringing outlier calibration systems into the multinational fold

When a multinational firm grows into new national markets, IT changes follow. A case in point is St. Louis, MO-based Emerson Automation Solutions and its Micro Motion division in Boulder, CO, which specialises in flow automation and measurement.

Read more

Smart pumps and predictive analytics gain traction as upstream oil & gas companies embrace digitisation

Frost & Sullivan’s recent analysis, Global Pumps Market in the Oil and Gas Industry, Forecast to 2024, finds that there has been a concentrated focus on operational expenditure (OPEX) in the oil & gas industry following the oil price plunge in 2016.

Read more

Emerson controller aims to simplify capital projects and to ready organisations for operational benefits of IIoT

Emerson has launched the DeltaV™ PK Controller, making the advanced automation of its DeltaV distributed control system (DCS) available to fast-growth industries traditionally less reliant on large-scale automation.

Read more

Industrial IoT programmes are being tested and explored by only 60% of manufacturers, survey reveals

Manufacturers are convinced the Industrial Internet of Things (IoT) will help them improve operations and profitability by 10% or more, but most are struggling to develop the right plans to take advantage of the technology, according to a new IndustryWeek survey sponsored by Emerson.

Read more

Smart thermostats gain traction in Europe and North America

Berg Insight, the M2M/IoT market research provider, released new findings about the smart thermostat market. The number of North American and European homes with a smart thermostat grew by 67% to 10.1 million in 2016.

Read more

The installed base of wireless M2M devices in the oil & gas industry to reach 1.25 million by 2019

According to a new research report from the analyst firm Berg Insight, the number of devices featuring cellular or satellite connectivity deployed in oil & gas applications worldwide was 0.5 million at the end of 2014. Growing at a compound annual growth rate (CAGR) of 20.1 percent, this number is expected to reach 1.25 million

Read more