69% of telco leaders say 5G and IoT will lead digital transformation drive Only 44% see network performance as a critical use case for AI and automation 67% believe talent is the biggest obstacle to analytics and AI deployment Telco leaders are optimistic about the promise of digital transformation, but there is a lack of […]
Small manufacturers looking to be acquired must have IIoT
Small manufacturers, many of whom have been in business for decades and consistently generate $2 million (€1.8 million) to $20 million (€18.1 million) in annual revenue, are seeking an exit strategy. The founders of these companies are often critical suppliers in the industry sector supply chain including aerospace, aviation, automation, machining, and food production. The […]
Georgia Tech Internet of Things Research Center Releases White Paper on Digital Transformation
The Georgia Institute of Technology’s Center for the Development and Application of Internet of Things Technologies (CDAIT) announces the release of a white paper that offers some pathways for business leaders as they explore digital transformation and the Internet of Things (IoT). The study gives context for IoT and Digital Business Transformation (DBT) relative to […]
5 Real and Tangible Impacts of the IoT on the Business World
An article by Marc Kavinsky, Editor at IoT Business News. For many organisations, the Internet of Things remains a very abstract concept, and they might not see the real implications it could have on their line of business. But people who understand these repercussions, and how the IoT could end up completely transforming things like […]
5G Subscriptions to Top 2.6 Billion by End of 2025
According to the November 2019 edition of the Ericsson Mobility Report: 5G to cover up to 65 percent of the world’s population by the end of 2025 and handle 45 percent of global mobile data traffic Smartphone users to consume a global average of 24 GB per month in 2025 from 7.2 GB currently, as […]
These are the Top 5 IoT Applications for Retailers
From smart shelves to smart coffee machines, the internet of things (IoT) has become a game changer across every industry. In fact, according to Statista, the number of connected devices worldwide will hit 30.73 billion by 2020. And with 88% of adopters saying that IoT is critical to the success of their companyio, IoT devices […]
The 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. This might be a successful step forward for industry, but George Walker, managing director of industrial automation provider Novotek UK and Ireland, believes it doesn’t reflect the state of smart manufacturing for […]
The installed base of connected tanks to reach 11.9 million in 2023
The global installed base of active remote tank monitoring (RTM) solutions reached 2.5 million units at the end of 2018, according to a new research report from the IoT analyst firm Berg Insight. Growing at a compound annual growth rate (CAGR) of 36.3 percent, the active installed base is estimated to reach 11.9 million units […]
Smart security: How to protect your smart home devices from hackers
The Global Smart Home Devices Market was valued at US$14.55 billion (€13.2 billion) in 2018 and is expected to reach $40.23 billion (€36.5 billion) by 2023, according to the 2019 Smart Home Device Market Report. It’s no secret that smart home technology is advancing at breathtaking speeds, with all sorts of devices now available from internet-connected […]
The installed base of fleet management systems in Europe will reach 17.6 million by 2023
The number of active fleet management systems deployed in commercial vehicle fleets in Europe was 9.1 million in Q4-2018, according to a new research report from the IoT analyst firm Berg Insight. Growing at a compound annual growth rate (CAGR) of 14.1 percent, this number is expected to reach 17.6 million by 2023. The top-22 […]