GE
ML & deep learning technology to flourish at a 5.7% CAGR in the global AI in IoT market
The global market for AI in IoT is estimated at US$ 6.2 Billion (€5.69 billion) in 2022 and is projected to reach US$ 142.4 Billion (€130.59 billion) by 2032. The market is expected to reach a CAGR of 6.2% during the forecast period from 2022 to 2032. This market is projected to grow steadily over
Read moreOil & Gas IoT core analytics service revenues to grow to US$712mn in 2026
The Oil & Gas (O&G) IoT Analytics market garners heavy investment, yet it is deeply challenged by complex system integrations, siloed data, and Supervisory Control and Data Acquisition (SCADA) management systems.
Read moreDevice-to-cloud IoT platform services will reach US$18bn by 2026, says ABI
From the early days of Thingworx (PTC) and ILS (Telit) to the market today, the device-to-cloud IoT platform service market has changed dramatically. Early platform services included device connectivity and cloud integration, device management services, and simple alerting services.
Read moreSeeq 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 morePower generation in Russia: IoT predictive analytics saves lives not just profits
In western Europe you may think of security of power supply in terms of keeping the regulator happy and avoiding fines. In the extreme cold of Russia and Kazakhstan says Jeremy Cowan, the focus is on saving lives by avoiding unexpected shutdowns in power generation.
Read moreThe smart factory pipe dream
In early 2019, the UK’s first smart factory was created, using the newly launched 5G communications network to facilitate quick data transfer speeds.
Read moreIMS Evolve and Current partner to deliver IoT-enabled energy and financial savings
Industrial Internet of Things (IIoT) company, IMS Evolve, has announced a strategic partnership with Current, powered by GE, the digital engine for intelligent environments, to deliver IoT solutions to the food retail sector.
Read moreSeeq secures $23mn series B to fuel IIoT advanced analytics growth strategy
Seeq Corporation, a specialist in manufacturing and Industrial Internet of Things (IIoT)advanced analytics software, announced it has secured $23 million (€19.71 million) in Series B funding led by the Altira Group with participation by
Read moreThe IoT platform market has entered a consolidation phase, reports Berg Insight
According to a new research report from the IoT analyst firm Berg Insight, the global market for IoT device management and application enablement platforms reached US$1.1 billion (€0.95 billion) in 2017. Growing at a compound annual growth rate (CAGR) of 36.2%, the total market value is expected to reach US$4.9 billion (€4.23 billion) in 2022.
Read moreDigitalising ahead of 2030
Plans to integrate digitalisation across the globe have led many governments to set-out initiatives to accelerate the rate of adoption over the next 10 to 20 years. Here, George Walker, managing director of industrial IT and automation provider Novotek explains why businesses should be looking to digitalise their systems sooner rather than later.
Read moreOn the road with IoT
As more companies move to a predictive model of equipment maintenance, they are looking for ways to use connected devices to improve field service.
Read moreAutomation expert launches UK brand
European industrial IT and automation expert Novotek has launched its UK and Ireland brand following the acquisition of Glasgow-based Kerrco Automation. The rebranded Novotek UK and Ireland will help businesses across the manufacturing,
Read moreGE and Noble claim moving towards digitising marine ops and predictive analytics
Following the partnership formed by GE and Noble Corporation plc, the two companies have launched what they say is the world’s first digital drilling vessel.
Read moreUbicquia joins AT&T’s Smart Cities Strategic Alliance
AT&T says it is helping cities become safer and more efficient. Through collaborations with other industry leaders and its Internet of Things (IoT) expertise, the operator is working to deliver solutions that address some key community challenges.
Read moreA Week in IoT: Can an industrial IoT story help GE put the 2017 Horror Show to bed?
GE‘s public profile this year has been little short of a horror show, says Jeremy Cowan. Forget Hallowe’en, Wall Street and the blue chip’s partners have been spooked by a nightmare of Kruegeresque proportions – one from which it seems hard to wake.
Read moreGE Transportation unveils EdgeLINC™ Software, advances Industrial IoT management solutions
GE Transportation introduced EdgeLINC™ Software, a comprehensive solution for IIoT edge-to-cloud connectivity with efficient device management, configuration and streaming analytics capabilities. Industrial assets generate valuable information at the edge – or on a machine or device – where embedded sensors collect vast amounts of data.
Read more