Enterprise IoT is forecasted to account for 72% of market revenue by 2028, up from 70% in 2023. This shift highlights how industries are rapidly investing in smarter, connected technologies to drive the next phase of automation.Automation has long been a part of industry. What’s changing now is the intelligence behind it. Traditional systems followed […]
Read more →
Logistics is difficult because it is hard to keep track of everything. Although most logistics and transportation service providers use mobile technology, changes in regulatory environments, rising labor costs, increased traffic, and volatile fuel prices can impact operations. Companies are also faced with an increasing demand for transparency from the market. With machine learning (ML), […]
Read more →
The Buzzword of 2021 is “AIoT”, which stands for a blend of Artificial Intelligence with the Internet of Things. IoT is capable of capturing tremendous amounts of data from multiple sources. However, it is a significant yet highly complicated task to process and analyze this data. Artificial Intelligence enabled IoT can empower machines to utilize […]
Read more →
McKinsey’s Global Institute predicts that IoT will have an economic impact of around $11 trillion by the end of 2025. The growing demand for automation, centralized monitoring, and predictive maintenance are leading the IoT technology most prominently in the manufacturing industry. With issues like abrupt outbreaks, disasters, and conflicts, manufacturers are increasing their search towards […]
Read more →
The Internet of Things (IoT) is introducing automation to boost the productivity of every industry. The technology plays an important role by connecting the fleet assets with suitable applications to make the operations safer, greener, and cost-effective especially in the transportation sector. The Global IoT fleet management market is expected to grow with a CAGR […]
Read more →
The transportation sector is one of the finest profit-making sectors in today’s world. Mainly, the import and export businesses are dependent on the transportation industry for the safe movement of the goods. All the 4 modes of transportation are inclining towards using the IoT applications to render better services. Since technology is expanding, IoT has […]
Read more →
What are smart water meters? Smart water meters are pieces of advanced infrastructures that create a two-way interaction with the information management system of utilities. Hence, these meters enable customers and water suppliers to share information with each other that empower both parties to take useful and practical actions. These advanced metering infrastructures are now […]
Read more →
The transportation sector is like the nervous system for any economy. It is the medium that connects industries and facilitates the movement of people, goods, and products from one location to another. In fact, around 95% of all the manufactured products at one point in the supply chain are transported in a container. Even though […]
Read more →
A technological enabler that can digitize industrial operations is the immediate need for the oil and gas sector. Internet of Things is one such technology that acts as a solution for the majority of the problems that the oil and gas sector faces today. The adoption of IoT technology in the oil and gas industry […]
Read more →