How automobile telematics is enabling new app development

The global automotive industry continues to explore ways to integrate the Internet of Things (IoT) technology into vehicles during the manufacturing process. Connected car capabilities provide the foundation for third parties to offer innovative new telematics-related applications.

According to the latest worldwide market study by Berg Insight, the number of active aftermarket car telematics units will grow at a compound annual growth rate (CAGR) of 20.6 percent from 58.7 million at the end of 2018 to 150...

By David H. Deans, 13 September 2019, 0 comments. Categories: Apps, Connectivity, Content, IoT.

How to resist cybercrime and an ‘Internet of Threats’ in enterprise finance

The presence of cybercriminal activity online is an everyday challenge within the enterprise finance sector. Cybercrime is now an established threat to corporations and their customers. It's largely due to IT security policies that are difficult to enforce and the under-utilisation of effective encryption.

Coupled with the challenges of cybercrime, financial service institutions now experience business model disruption from innovative Fintech startups and increasing regulatory oversight from legislation...

By David H. Deans, 05 September 2019, 0 comments. Categories: 5G, Disruption, IoT, Regulation, Research, Security.

How smart meters continue to drive IoT applications in North America

The Internet of Things (IoT) has numerous applications within the energy and utility sector. As an example, smart meter penetration in North America is forecast to reach 81 percent by 2024.

According to the latest worldwide market study by Berg Insight, the installed base of smart electricity meters in North America will grow at a compound annual growth rate of 8 percent between 2018 and 2024 to reach 142.8 million units at the end of the forecast period.

Smart meter market development

Over the next five...

By David H. Deans, 16 August 2019, 0 comments. Categories: IoT, N America.

Exploring Internet of Things connectivity solutions via satellite

New satellite constellations are being launched to improve the connectivity options for the Internet of Things (IoT) market. Many application segments will benefit from these new constellations due to the larger range of coverage they offer when compared to terrestrial communication networks.

Different IoT application segments require different types of communication connectivity. Some IoT apps will require real-time connectivity to have a constant flow of data and information, yet some will only require near...

By David H. Deans, 05 August 2019, 0 comments. Categories: Connectivity, IoT, Satellite.

Wi-Fi device shipments will hit four billion by 2024: The ramifications for the industry

Unlicensed wireless communication has transformed internet access across the globe. The upward grow trajectory continues to rise for Wi-Fi applications. More than 20 billion Wi-Fi devices are forecast to ship between 2019 and 2024, according to the latest worldwide market study by ABI Research.

Continued adoption in traditional markets of strength, alongside traction in mesh networking systems, smart home, automotive, and IoT applications will drive the Wi-Fi market forward to nearly four billion annual...

By David H. Deans, 16 July 2019, 0 comments. Categories: Connectivity, Research, WiFi, Wireless.

Factory simulation software revenue will reach $4.1bn: What this means for the IoT

Simulation software applications have more upside growth potential across the globe. Industrial companies have already applied the software for use cases to build manufacturing systems, deploy new production lines, and evolve factory planning methodologies.

While no single manufacturing technology drives this transformation movement, simulation software now holds the potential to act as a significant catalyst for new Industry 4.0 platforms.

Simulation software market development

If simulation software...

By David H. Deans, 28 June 2019, 0 comments. Categories: Industry, Infrastructure, IoT, Research.

Digital wallet transactions will reach $9 trillion by 2024: Exploring the forces driving this spend

The benefit of a digital wallet is that, for both online and offline transactions, it enables the wallet user to easily make secure, quick transactions, thereby removing the requirement for a plastic card -- or the need to enter bank account details for every online purchase.

For the 'unbanked' populace across the globe, the availability of a digital wallet and cryptocurrency on a mobile phone will provide a means of financial inclusion, both as an alternative to cash payments and as a way of...

By David H. Deans, 24 June 2019, 0 comments. Categories: Apps, Consumers, Disruption, Research.

How financial services disruption continues to create opportunities for CIOs and CTOs

The term 'fintech’ has been applied to describe the transformation taking place in the financial services sector across the globe. Traditional forms of payment such as cheques have been displaced by debit and credit cards. In turn, contactless payment and digital wallets will likely replace the cards.

Moreover, new and evolving banking business models have resulted in both the legacy financial services industry and fintech startups investing in digital technologies. Initially, the focus was an...

By David H. Deans, 13 June 2019, 0 comments. Categories: Apps, Innovation, Research, Startups.

How agriculture’s digital transformation is being enabled by IoT apps

The global agricultural sector is currently evolving, as applications for the Internet of Things (IoT) technology disrupts more traditional methods of farming. With use cases that target several different segments of the market already available, new solutions are being created to evolve more segments.

The fact that there is no single, specific problem experienced by all farmers and ranchers has led to the development of a variety of different solutions, notably including water usage concerns from the...

By David H. Deans, 28 May 2019, 0 comments. Categories: Apps, Industry, Innovation, IoT, Rural.

How AI innovation is transforming supply chain planning

Business leaders that anticipate market demand opportunities or risks - and then respond quickly in a dynamic way -- will gain a significant competitive advantage. Today, agility is a key benefit of a modern supply chain.

Global revenue from demand planning applications will generate over $8 billion by 2025, as Artificial Intelligence (AI) capabilities offered by forward-thinking IT vendors and service providers continue to improve data-driven supply chain transformation.

Supply chain AI market...

By David H. Deans, 23 April 2019, 0 comments. Categories: Apps, Infrastructure, Innovation, Research.

How chatbots are delivering lasting benefits for the financial services sector

Ever since the advent of computer use by established banking and insurance organisations in the early 1950s, financial services has been a sector that generates an enormous amount of customer transaction data.

That's why they've adopted analytics tools for big data use cases, and it's why they've been one of the first sectors to pilot the deployment and applications of artificial intelligence (AI) systems.

AI chatbot market development

According to the latest worldwide market...

By David H. Deans, 05 April 2019, 0 comments. Categories: Apps, Customer Service, Disruption, Marketing.

How IoT technology continues to drive smart building innovation

Commercial buildings are getting smarter. They now include a growing variety of technologies that are part of the Internet of Things (IoT) phenomena. Across the globe, new buildings are being constructed with both wired and wireless IoT infrastructure that enables innovation.

According to the latest worldwide market study by Berg Insight, the installed base of sensors, actuators, modules, gateways and other 'connected devices' deployed as part of IoT-based automation in smart commercial buildings...

By David H. Deans, 01 April 2019, 0 comments. Categories: Industry, Infrastructure, IoT, M2M.

How international mobile roaming is adapting to policy changes

Mobile roaming allows customers of one network operator (home network) to use the network of another network operator (visited network). The visited network is normally outside the geographical coverage area of the customer’s home network.

Mobile roaming has traditionally provided network operators with an opportunity to gain additional service revenues. However, regulatory policy interventions, such as the EU law to abolish roaming in member states, is having a negative impact on roaming revenues for...

By David H. Deans, 22 March 2019, 0 comments. Categories: Europe, Mobile, Networks, Operators, Research.

Why digital transformation requires people to change as well as technology

It's a proven fact, digital transformation is not possible in a large enterprise organisation where legacy middle-managers do everything within their power to resist any change to the status quo. A lack of culture change will typically result in no meaningful progress.

According to Gartner, a proactive and adaptive culture is a critical asset and some CIOs will likely play a role in establishing the right mindsets and practices within their organisations. Gartner predicts that by 2021, some CIOs will be...

By David H. Deans, 15 February 2019, 1 comment. Categories: Customer Service, Disruption, Industry.

How IoT applications are driving demand for security analytics

Apps for the Internet of Things (IoT) technologies will create huge amounts of data. That valuable asset is frequently the target of criminals that seek to exploit this rapidly growing resource. It's a scenario where the battleground continues to shift.

Amid the turmoil of these cybersecurity threats and ongoing hacking attempts that leverage the power of the IoT against itself, more organisations are forced to realise that they are on the losing side of this war.

By David H. Deans, 01 February 2019, 0 comments. Categories: IoT, M2M, Security.

How deep learning is set to improve machine vision in factories

Factory automation is evolving, once again. Machine vision technology remains popular in the manufacturing environment, due to its proven track record of results. However, the introduction of artificial intelligence (AI) technology and machine learning applications will transform many conventional factories.

The emergence of deep learning apps creates expanded capabilities and flexibility, leading to more cost efficiency and higher production yield. Deep learning-based machine vision techniques within smart...

By David H. Deans, 24 January 2019, 0 comments. Categories: Industry, Infrastructure, M2M, Machine Learning.

Exploring wireless IoT applications within industrial automation

The technologies associated with the Internet of Things (IoT) and machine to machine (M2M) connectivity are enabling a new wave of wireless networking applications within the industrial automation sector.

According to the latest global market study by Berg Insight, annual shipments of wireless devices for industrial automation applications reached 4.6 million units worldwide in 2018, accounting for approximately 6 percent of all new connected nodes.

Growing at a compound annual growth rate (CAGR) of 16.3...

By David H. Deans, 22 January 2019, 0 comments. Categories: IoT, M2M, Research, Wireless.

How GPS and the Internet of Things are enabling new tracking apps

The emerging new applications of the global positioning system (GPS) and the Internet of Things (IoT) are only limited by a savvy vendor's imagination. Exploring the full potential of these enabling technologies is resulting in significant new upside revenue opportunities.

According to the latest market study by Berg Insight, the market for consumer GPS pet trackers and services in Europe and North America is forecast to grow from € 60 million in 2017 to reach about € 340 million in 2022.

GPS tracking...

By David H. Deans, 16 January 2019, 0 comments. Categories: Innovation, IoT, OTT Services.

How 5G network technologies are transforming industrial markets

Expect to see and hear more commentary about fifth-generation (5G) wireless communication related national leadership policies in 2019. Physical industries are rapidly transforming on an unprecedented scale with digitisation becoming a critical priority that fuels the global networked economy.

As an example, end-to-end 5G network slicing is promised to be a growing part of that transformation but mobile telecom service providers must change all aspects of their business before they address it.

5G infrastructure market...

By David H. Deans, 03 January 2019, 0 comments. Categories: 5G, Infrastructure, Research.

Why global industrial robotics revenue will reach $22 billion

The industrial and collaborative robotics market is gaining momentum, as more vendors and industries embrace automation. Development in cloud robotics, deep learning based machine operation, and a wider ecosystem will enable robots to become more reliable, versatile and efficient.

The industrial robotics sector is already experiencing robust growth. The revenues of commercial robots in manufacturing are forecasted to grow from $166 million in 2018 to $22 billion by 2027, according to the latest worldwide...

By David H. Deans, 26 November 2018, 0 comments. Categories: Innovation, IoT, M2M, Research.