Industrial robots increase unemployment and lower wages

Research from China justifies concerns about the impact of industrial robots on the workforce.

Critics of automation believe it will replace many predominately blue-collar jobs. Proponents of industrial robots argue that new jobs will be created and the workforce will adapt.

At least in the short term, a paper from China backs the critics.

The paper, How Do Workers And Households Adjust To Robots, analysed the effects of exposure to industrial robots on labour...

6 December 2022 | Industrial IoT (IIoT)

Xbox and Apple execs criticise the ‘metaverse’

Recent comments from Xbox and Apple executives suggest the companies remain deeply critical of the metaverse.

Most current "metaverse" experiences are just online games looking to capitalise on the hype around the term. More technological advancements are needed to fully realise the metaverse.

One core principle of the metaverse is that it will mix elements from the real world with the virtual. A “digital twin” of a factory, for example, could enable workers to...

27 October 2022 | Digital Transformation

Yury Brunt, AVEVA: On helping businesses manage their energy usage

Rocketing fuel costs and net-zero targets are leading more businesses to seek out connected energy management solutions.

IoT News caught up with Yury Brunt, Team Leader of Manufacturing Analytics at AVEVA Select Benelux, to discuss how the company is helping businesses to manage their energy usage.

IoT News: Amid rocketing energy costs, are you finding that enterprises are showing an increased interest in monitoring their usage?

Yury Bunt: Yes, over the...

19 September 2022 | Enterprise

Telit acquires Thales’ cellular IoT products to establish Telit Cinterion

Telit is acquiring Thale’s portfolio of cellular IoT products to establish a combined firm called Telit Cinterion.

Paolo Dal Pino, CEO of Telit, said: “Innovation, scale and efficient IoT solutions are key for success. This transaction with Thales is arguably the most impactful one for Telit competitiveness.

“While it will boost our ability to address customer needs more precisely from a richer portfolio, it will also enable us to deliver all-new offerings derived...

1 August 2022 | Enterprise

The 10 best IoT Industry 4.0 use cases for manufacturing 

Organizations in the business 4.0 area face constant requests to be quicker, more astute, less fatty, and more productive. We've all known about smart cities and smart homes, yet the completely computerized and IoT-empowered smart processing plant is not too far off.

The IoT (Internet of Things) has demonstrated altering organizations across all sectors' potential. When executed accurately, it can smooth out processes, further develop navigation and make additional incentives for...

26 May 2022 | Industrial IoT (IIoT)

Inmarsat ELEVATE packages everything needed to accelerate IoT growth

Inmarsat has launched ELEVATE, a programme consisting of three critical pillars to accelerate IoT growth.

According to Omdia, the number of global satellite IoT connections is set to continue growing at a 25 percent CAGR. Inmarsat intends to support and further accelerate this rapid growth.

“The satellite IoT market has been steadily growing for years – and now is the time to up the ante and kickstart its next stage of more rapid growth. Inmarsat ELEVATE will help...

10 May 2022 | Connectivity

Brian Cerchio, Losant: On fully tapping the IoT’s potential

IoT News caught up with Brian Cerchio, Director of Solutions at Losant, to discuss how enterprises can fully tap the IoT’s potential.

One of the first examples of the IoT was in the early 80s when students from Carnegie Mellon University’s computer science department connected a Coke machine so people could track whether drinks were available and how cold they are.

The capabilities of connected devices – including Coke machines – have come a long way since...

8 April 2022 | Applications

Nokia helps Volkswagen embrace Industry 4.0 digital transformation

Nokia is deploying a private 5G network for Volkswagen at the carmaker’s main plant in Wolfsburg, Germany to help the company embrace Industry 4.0 digital transformation.

Chris Johnson, Head of Global Enterprise Business at Nokia, said: “Nokia is a worldwide leader in private wireless technology for Industry 4.0 digital transformation proven by over 380 large enterprise customer deployments, of which more than 75 incorporate 5G.”

Compared to nimble startups, large...

7 December 2021 | 5G

Haier gets a hand from Huawei and China Mobile to build smart factories

China’s largest consumer electronics producer, Haier, is getting a helping hand from Huawei and China Mobile to build smart factories.

The trio of industry titans announced the successful combination of 5G and mobile edge computing (MEC) to deliver innovative manufacturing solutions.

5G offers bandwidth of up to 20Gbps while lowering latency to as little as one millisecond. MEC further lowers latency, improves security, and enables new applications by supporting...

15 November 2021 | 5G

Inmarsat: IoT to overtake cloud computing as primary Industry 4.0 technology

Research from Inmarsat has found that investment in the IoT is set to overtake cloud computing and other digital transformation technologies.

The IoT can hardly be considered an “emerging technology” anymore. Between 2017 and 2020, IoT investments account for an average of 7 percent of an organisation’s IT budget. Over the next three years, businesses expect to increase their IoT budgets to 10 percent.

Here’s how that compares to planned investment in other...

14 October 2021 | Enterprise