Seven things you need to know about IIoT in manufacturing – and its powerful influence

  • Global spending on IIoT platforms for manufacturing is predicted to grow from $1.67 billion in 2018 to $12.44bn in 2024, attaining a 40% compound annual growth rate (CAGR) in seven years
  • IIoT platforms are beginning to replace MES and related applications, including production maintenance, quality, and inventory management, which are a mix of information technology (IT) and operations technology (OT) technologies
  • Connected IoT technologies are enabling a new era of smart, connected products that often expand on the long-proven platforms of everyday products.

By Louis Columbus, 10 June 2019, 0 comments. Categories: Data & Analytics, Enterprise, IIoT, IoT, Manufacturing.

Infineon to acquire Cypress Semiconductor in blockbuster $10 billion chip deal

Infineon Technologies has signed a definitive agreement with Cypress Semiconductor Corporation, under which Cypress will be acquired by Infineon for $23.85 per share in cash, corresponding to an enterprise value of $9.98 billion (£7.9bn).

The acquisition of Cypress will allow Infineon to subsequently increase its focus on structural growth drivers and offer a wider range of applications. Infineon's leading power...

By IoT News, 03 June 2019, 0 comments. Categories: Enterprise, IoT.

Sony's debut IoT chip features a 60-mile range using Eltres

Sony is debuting an IoT chip that can work in fast-moving vehicles with an impressive 60-mile range, perfect for the industry of which Jeff Bezos is so excited.

The chip will use Sony’s Eltres LPWA (Low-Power Wide Area) network announced last week. Launching in Japan this year, Eltres uses microchips in tandem with antennas to relay a signal to a base station which can be over 60 miles (100 km) away.

In an example provided by...

By Ryan Daws, 03 June 2019, 0 comments. Categories: Connected Vehicles, Enterprise, IIoT, IoT, Smart Cities, Standards.

Why Industry 4.0's potential needs to be proven on the shop floor

  • 99% of mid-market manufacturing executives are familiar with Industry 4.0, yet only 5% are currently implementing or have implemented an Industry 4.0 strategy
  • Investing in upgrading existing machinery, replacing fully depreciated machines with next-generation smart, connected production equipment, and adopting real-time monitoring including Manufacturing Execution Systems (MES) are manufacturers’ top three priorities based on interviews with them
  • Mid-market manufacturers getting the most value out of Industry 4.0 excel at orchestrating a variety of technologies to find new ways...

By Louis Columbus, 31 May 2019, 0 comments. Categories: Data & Analytics, Enterprise, IIoT, IoT.

India’s new government plans IoT and AI workforce reskilling

India’s new government plans workforce reskilling in areas like the IoT and AI to become a world leader in emerging technologies.

The government plans to expand its ‘Skill India’ initiative with dedicated policies which ensure the nation’s youth can grasp important new technologies.

“Reskilling and upskilling is big on the incoming government's agenda,” a senior government official

By Ryan Daws, 28 May 2019, 0 comments. Categories: AI, Development, Enterprise, Healthcare, IIoT, IoT, Manufacturing, Smart Cities.

IoT attacks could put a £1bn hole in the UK economy

Research from Irdeto suggests IoT attacks may cost the UK economy over £1 billion per year due to lax security measures.

UK organisations in critical industries such as healthcare, transport, and manufacturing were polled by the Dutch security vendor. Irdeto found attacks on IoT equipment caused £244,000 in losses on average.

Steeve Huin, VP at Irdeto, said:

“Insecure IoT devices and companion apps are essentially low-hanging fruit for cybercriminals, who are increasingly...

By Ryan Daws, 24 May 2019, 0 comments. Categories: Enterprise, Healthcare, IIoT, IoT, Manufacturing, Security, Smart Cities, Smart Homes.

Enterprises need to assess their IoT footprint, argues Zscaler

San Jose-based IT security firm Zscaler’s latest study has found that more than a thousand organisations around the world have more than one IoT device transferring data from the network to the internet through the company’s proprietary cloud platform.

The study, titled “IoT in the Enterprise: An Analysis of Traffic and Threats” and which analysed 56 million IoT device transactions to explore the...

By IoT News, 24 May 2019, 0 comments. Categories: Data & Analytics, Enterprise, IIoT, Security.

5G to debut in IoT market in late 2020, argues Berg Insight report

Plenty has been said on when 5G will truly arrive – but according to a new report from Berg Insight, we should expect to wait another 18 months before the technology arrives in the context of the Internet of Things (IoT).

According to the IoT analyst firm, the first 5G cellular IoT modules will be available for developers in 2019 and will allow early adopters to build first IoT-based devices that will centre on the 5G...

By IoT News, 20 May 2019, 0 comments. Categories: Development, Enterprise, IoT, Standards.

Topaz Energy and Marine team up with Baker Hughes for IoT-enabled vessel maintenance

Dubai-based marine logistics firm Topaz Energy and Marine has placed an order and signed a long-term contract with GE-owned oil company Baker Hughes to deploy the latter’s lubricant condition monitoring system, VitalyX, in order to enhance the maintenance and field time of every vessel in Topaz’s fleet.

The VitalyX system, which is a mix of IoT and latest sensors with condition monitoring software, generates...

By IoT News, 13 May 2019, 0 comments. Categories: Data & Analytics, Enterprise, IIoT.