Industrial IoT stories
When factories and other large scale organisations are equipped with sensors communicating with other machines (IoT sensors), the result is the Industrial Internet of Things. Industrial IoT promises multiple advantages, most premised on the principle that one cannot manage that which isn’t measured. Industrial IoT sensors, networks and supporting analytics software seeks to improve performance and efficiency, while eliminating waste.
Digitalisation in industry set to flourish, says report
The industrial IoT market is expected to register a net value of $145 billion in 2023, marking a significant milestone in the journey of digital transformation.
AVEVA launches PI Data Infrastructure for comprehensive data sharing
AVEVA introduces fully-integrated PI Data Infrastructure for industrial environments, providing easy scalability and data sharing via the cloud.
Everspin Technologies expands top-performing persistent memory product range
Everspin Technologies is set to expand their top-tier, high-density STT-MRAM product range, the EMxxLX, optimised for several electronic system sectors.
Pump control panels market to be US$2.6 billion by 2033: FMI
The market for industrial pump control panels is projected to create an incremental opportunity of US$1 billion in the review period 2023 to 2033.
Industrial IoT gateways vital in bridging IT and OT
Knud Lasse Lueth, CEO at IoT Analytics, says industrial IoT gateways are critical for connecting legacy systems with modern technology.
Safeguarding ANZ's Industrial Systems from Cyber Threats
Survey reveals alarming statistics on operational technology cybersecurity in Australia and New Zealand. Urgent action needed to combat growing cyber threats.
Internet of Things software market evolving – report
IoT enterprise spending reached $201 billion in 2022, lower than predicted, but AI is expected to play a bigger role, says IoT Analytics.
Industrial metaverse to reshape the business landscape: AVEVA
With Aveva's acquisition by Schneider Electric earlier this year, it has determined to accelerate its investment in the industrial metaverse significantly.
FMI states IoT device management market to grow at CAGR of 24.4%
Sales are expected to be driven by the development of IoT networks and systems, concerns regarding network security and the need to track health.
Smart warehouses need availability, simplicity and reliability
Supply chain disruptions during the pandemic have led to increased adoption of automation in Asia-Pacific warehouses.
Industrial cybersecurity market to be US$43.5 billion by 2032
The global industrial cybersecurity market is expected to be worth US$20.7 billion in 2022, rising to US$43.5 billion by 2032.
Manufacturing industry hard hit by ransomware, Akamai finds
Akamai Technologies has revealed that nearly 30% of ransomware attacks worldwide launched by Conti targeted the manufacturing industry.
Critical infrastructure under attack, businesses slow to respond
Critical infrastructure is under attack as businesses face challenges in IIoT/OT security, finds Barracuda Networks report.
Large enterprises propel 5G industrial IoT market
Large enterprises are propelling the 5G industrial Internet of Things market, according to a recently published report from Future Market Insights.
How organisations can mitigate IoT and IIoT security risks
The rapid growth of IoT and IIoT markets has raised security concerns. Here are five ways to mitigate the risks.
Industrial cybersecurity market to reach US$43.5 billion
Industrial companies and their personnel underestimate the risks in the industrial control systems environment.
Hitachi Vantara launches new enterprise DataOps solutions
Hitachi Vantara has launched Lumada DataOps capabilities for automated data operations and advanced analytics for industrial use cases.
How can a connected digital infrastructure help address chip shortage?
As the global semiconductor challenge extends into 2022, businesses continue to feel supply chain disruptions as they wait for chips to be available.
TXOne Networks secures industrial operations with latest release
TXOne Networks, a global provider of ICS and industrial IoT (IIoT) security, has launched a new edition of its portable security device.
Schneider Electric becomes Pacific distributor for AVEVA industrial automation products
AVEVA's VP Pacific markets, Damien McDade, says the company wants to help organisations embrace digital transformation.
How the 5G industrial IoT will change different verticals
Thales highlights the importance of reliable connectivity for the industrial Internet of Things, stating that 5G networks are already available.
IOTech partners with Google Cloud to provide integrated edge-cloud solutions at scale
IOTech expands partnership with Google Cloud to offer smart edge-cloud solutions for industrial users, addressing challenges like OT/IT integration.
PTC extends strategic alliance with Microsoft to ANZ with IIoT apps
PTC extends its strategic alliance with Microsoft to the Australia and New Zealand regions, focusing on ThingWorx applications for industrial companies.
Digitally-enabled factory development saves China steel & iron firm US$6 million
Bentley Systems’ technologies helped MCC to create a digital twin and design, construct, and combine operational information.