Massive IoT market to be worth $521bn by 2031
The massive IoT market size is forecast to reach $521 billion by 2031, growing at a CAGR of 22.5 per cent. Massive IoT describes the deployment of a large number of interconnected devices and sensors that are designed to collect and transmit data over the internet. These devices can be deployed in a wide range of applications, […]
UK launches official investigation into the use of AI
The UK Competition and Markets Authority has launched a major investigation into the development and use of AI foundation models. The Competition and Markets Authority (CMA) is opening an initial review of competition and consumer protection considerations in the development and use of artificial intelligence (AI) foundation models. Foundation models, which include large language models […]
Robotics technology market to reach $189.36bn by 2027
The global robotics technology market is forecast to reach $189.36bn by 2027, growing at a CAGR of 13.5 per cent. Growth of the global robotics market is being driven by the rise in need for automation and safety, increases in labour and energy costs and the increase in usage of robotics technology in different industry […]
Cloud ERP systems now an essential tool for business
Cloud ERP systems have become an essential tool for businesses due to their flexibility, scalability and cost-effectiveness. Cloud enterprise resource planning (CERP) systems offer several features that make them ideal for modern businesses. These include customisation capabilities, scalability and flexibility, integration with other business applications, automated updates and maintenance, reduced IT costs and infrastructure requirements, […]
Clone phishing can trick even the most cautious users
A new type of phishing has started to emerge recently, clone phishing, which can trick even the most cautious users. Clone phishing is a scam where a cyber criminal replicates a legitimate email or website to trick the victim into giving personal information. The cloned email looks almost the same as the original and contains […]
Digital transformation and the circular economy
An effective business and IoT strategy can drive ROI savings and efficiency improvements and contribute to a circular economy. The explosion of IoT devices and connected factory floor has provided many organisations with direct visibility to operations, equipment performance, process performance, equipment reliability and more. And as this technology has advanced many manufacturing organisations have […]
Challenges and opportunities in cloud learning solutions
More businesses than ever are demanding the benefits of an effective cloud learning program to satisfy their training needs. Technology has accelerated the adoption of training, with learning management systems (LMS) acting as an accessible classroom, offering engaging content and trackable progress against specific objectives. Previously, LMS platforms have been developed within internal networks, self-hosted […]
New fully automated production line in Västerås
Automation has improved production efficiency and working environment at the ABB facility at Västerås, Sweden. ABB Electrification Smart Power has invested in a fully automated production line to protect contactors and enable them to safely control large electrical currents in applications such as motors, trains and wind energy. “This investment is a positive commitment to […]
Managing networks using the right foundation
Optimised network connectivity and performance provides the foundation required to support businesses in meeting their digital aspirations. “IDC has predicted that by 2023, 80 per cent of organisations must transform their networks to meet customer expectations,” Justin Day, CEO and co-founder of Cloud Gateway, said. “However, it isn’t always clear on which changes deliver the most […]
3D CAD modelling for industrial robotics
Over 80 per cent of construction businesses say they will introduce robots with safety, labour shortage and environmental concerns the main drivers for adoption. With growing use of robotic solutions across industry comes the need for efficient, cost-saving design of both the robot and the project functions it contributes to. Construction is one of the […]
Scheme to help manufacturers’ digital transformation
The ‘Leading Digital Transformation’ programme aims to produce digitally-informed leaders armed with a bespoke digitalisation strategy. The funded solution has been designed by Made Smarter’s North West Adoption Programme, the government-funded industry-led initiative to increase technology adoption among SME manufacturers, and Manchester Metropolitan University (MMU). It will be delivered through a blend of face-to-face workshops, […]
Machine learning a key enabler of digital transformation
Machine learning extends beyond resolution of technical problems, into the business realm transforming the way companies think, operate and act. The disruption potential of industrial artificial intelligence and machine learning (ML) goes beyond technology to discover and address unique challenges with new oversight perspectives, according to the latest Industry IoT Consortium white paper. Industrial artificial […]
Additive manufacturing is achieving full potential
Industrial additive manufacturing / 3D printing techniques are reaching full potential with companies investing in machines. While additive manufacturing (AM) is increasingly used in-house most users still benefit from powder-bed and metal technologies through external services rather than owning and operating 3D printing machines internally. Additive manufacturing users are mainly CEOs, engineers, and designers who […]
Ransomware protection to safeguard critical data
A new ransomware protection solution aims to help customers safeguard critical files and folders from ransomware attacks. Thales’ new CipherTrust CTE-RWP solution will elevate the protection of customer files and folders from ransomware attacks via access management controls and encryption processes and enables real-time analysis of file access behaviours to provide secure and seamless protection. […]
Unified block and file services for VM-aware storage
FlashArray is a storage service enabling organisations to access native block and file services from a single, global pool of storage resources. Designed from the ground up to be unified, the new solution delivers the flexibility and efficiency long promised by unified block and file storage arrays with new global storage pools, unified policy management, […]
Automation manufacturer wins King’s Award for Enterprise 2023
An automation company from Suffolk has won the inaugural King’s Award for Enterprise 2023 for manufacturing innovation. PCE Automation specialises in bespoke automation, repeat automation, and value-added services, including pre-automation and aftercare services to address the varying needs of customers across a range of industry sectors including ocular, medical and pharmaceutical. Its product handling, assembling, […]
Robots remove risks during emergencies at nuclear plants
Remotely operated robots will make emergency jobs across UK nuclear plants significantly safer and more cost effective. Engineering firm Forth has designed and manufactured the Rescue Robot which can be sent into disaster zones in the event of an incident and be operated from a command and control centre a safe distance away, removing the […]
Metaverse Standards Forum is now an independent industry consortium
The Metaverse Standards Forum is now incorporated as an independent non-profit industry consortium. The Forum’s mission continues unchanged—to enable, foster and promote cooperation and coordination over metaverse-related interoperability between standards organisations, companies, and universities. The Forum was launched in June 2022 and driven by the Khronos Group. Today, with over 2,400 members and multiple active […]
Nine partners demonstrate interoperable digital twin
Nine partner companies have made an interoperable digital twin based on an Asset Administration Shell possible for the first time. At Hannover Messe 2023 Siemens, Bausch+Ströbel, Bosch Rexroth, CADENAS, Festo, HARTING, SICK, Phoenix Contact, and WAGO jointly demonstrated how the Asset Administration Shell standard can be implemented in practice. The companies have exchanged digital twin […]
Cyber attack fines cost UK firms an average of £250,000
Six in ten UK businesses faced at least one cyber related data breach fine in the past year with financial info the most popular target. UK businesses received, on average, £237,402 worth of fines following cyber related data breaches or violation of data protection rules in the last 12 months according to new research by ISMS.online. Data […]
Event-driven architecture delivers exponential ROI
Manufacturing enterprises see ROI increase as they embrace event-driven architecture across their organisation, a new survey has found. And as enterprises gain experience in their early applications of event-driven architecture (EDA) they recognise other areas of their business in which EDA could be beneficial. The survey, an IDC Infobrief sponsored by Solace, ‘Getting in Sync: […]
