Digital twins on the manufacturing menu – with help from the hyperscalers

ScaleOut Analytics

Only one in 10 global manufacturing organisations are not considering the implementation of digital twins, according to new data from IoT Analytics – down from a third in 2020.

The Germany-based analyst, in its Digital Twin Market Report 2023-2027, has forecast that the global digital twin market could grow at a CAGR (compound annual growth rate) of approximately 30% in the next four years.

While the company stresses that these figures are not absolute – the use of...

16 November 2023 | Digital Twin

Kaspersky sheds light on ‘thriving’ dark web for IoT-related services

Cybersecurity firm Kaspersky has warned that DDoS (distributed denial of service) attacks orchestrated through IoT botnets are in high demand among hackers, as the company outlines a ‘thriving underground economy on the dark web focused on IoT-related services.’

Kaspersky issued a communique which was part research note, part consumer advice. For the former, the company noted that the primary method for infecting IoT devices remains brute-forcing weak passwords, ahead of...

26 September 2023 | Applications

Coffee IT: Key lessons learned from successful IoT app development projects

According to the most recent report from IoT Analytics, the number of global IoT connections grew by 18% in 2022, to 14.3 billion active IoT endpoints. By the end of 2023, the research firm expects the number of connected IoT devices globally to move up a further 16%.

In short, if you are not yet exploring an IoT app development strategy and taking advantage of these connections, then you need to start now. Ahead of their participation at IoT Tech Expo Europe, IoT News spoke with...

19 September 2023 | Applications

IoT and edge ROI on the up – with open source a key indicator

Investments in IoT and edge computing have continued to accelerate into 2023 in spite of macroeconomic headwinds – and the Eclipse Foundation is betting on the open source model augmenting the benefits.

The foundation has released its 2022 IoT and Edge Commercial Adoption Survey based on responses from more than 260 IoT and edge professionals. Just over half (53%) of respondents said they were currently deploying IoT solutions – potentially a low number – with an additional...

23 February 2023 | Edge Computing

LoRa Alliance 2022 report: LoRaWAN ‘no longer just for early adopters’

The LoRa Alliance published its 2022 end of year report highlighting adoption of LoRaWAN technology as well as certification advancements – and has given itself a stellar grade on its progress.

LoRaWAN, an LPWAN protocol designed to connect battery-operated ‘things’ to the internet in regional, national or global networks, is now a ‘mature’ technology, in the verdict of the LoRa Alliance.

This is not just an empty platitude, either; at the end of 2021 LoRaWAN...

7 February 2023 | Connectivity

Quest Global and Nvidia partner for digital twins in manufacturing

Quest Global and Nvidia are teaming up to create digital twin solutions for the manufacturing and automotive industries on the latter’s Omniverse Enterprise platform.

Omniverse Enterprise is a scalable, end-to-end platform which enables enterprise organisations to build and operate metaverse applications. Teams can connect and customise complex 3D pipelines and operate large-scale, physically accurate virtual worlds, including entire premises such as factories.

Regular...

7 February 2023 | Digital Transformation

ABI Research predicts 2023 as breakout year for IoT energy harvesting startups

If you are looking for an area of focus in the IoT this year – or even investment – then energy harvesting may be the way to go. 

That is the verdict from ABI Research in its 2023 trends outlook. The analyst has published a whitepaper around technology trends which will or will not shape 2023 – 73 to be precise – and looks towards the energy and battery markets as needle-movers for IoT. 

Energy harvesting IoT startups, in particular, are a point of focus...

19 January 2023 | Environment

How innovative organisations are creating new products in their IoT journey

For manufacturers, enterprises and industrial OEMs, it is still early days in the overall IoT journey. But the most innovative organisations are going past deriving insights from their data to creating new products and lines of business.

What do you need to get there? A strong business plan, the right culture and leadership, and a little bit of patience.

A study from research firm Omdia in August emphasised the latter. The report, ‘Today’s Needs and Tomorrow’s...

13 October 2022 | Enterprise

How pet activity tracking inspired an enterprise IoT mobile app

For wearable and connected devices, the pet market is an interesting and increasing one. Whether it is to assess your pet's health, activity, or safety, various IoT technologies can be employed, from RFID sensors, to GPS trackers, to Bluetooth. IoT News reviewed one such product, PoochPlay, back in 2018.

It is the latter which PixelPlex, a development and consulting company focused on blockchain, artificial intelligence (AI) and IoT technologies among others, used in a project...

4 June 2021 | Enterprise

Cellular IoT module revenue sees 8% quarterly rise but small YoY drop, says Counterpoint

Worldwide cellular IoT module revenue increased by 8% over the most recent quarter - but saw a small year on year decline for Q3 2020, according to Counterpoint Research.

The findings, which appear in the analyst firm's Global Cellular IoT Module and Chipset Tracker, noted the impact of the Covid-19 pandemic on the market. All regions, apart from the Middle East and Africa (MEA), Latin America and South Korea saw an increase in revenue.

Of the separate segments, NB-IoT...

20 January 2021 | IoT