The Fourth Industrial Revolution (4IR) is upon us, and experts predict more than seven million jobs will be affected in the next five years. Described as a range of new technologies that are fusing the physical, digital and biological worlds, its poised to significantly alter the way we live, work, and relate to one another. As […]
The Industrial Internet of Things (IIoT) has the potential to revolutionize industry. With use cases that promise to increase capacity and efficiency while lowering costs, IIoT technology is a smart investment that pays off quickly. Some of the use cases that hold huge potential include predictive maintenance, which helps keep assets up and running, avoiding […]
Renewables have greatly expanded on a global level. Last year, growth in renewables outcompeted oil, representing a minimum 70% total capacity growth in nearly all regions with the exception of Africa and the Middle East, where renewable growth constituted 52% and 26%, respectively. The expansion of renewables in 2020, however, will be less certain due […]
The coronavirus (COVID-19) pandemic sweeping the globe has caused the 3rd Generation Partnership Project (3GPP), the international organization that creates telecommunication standards, to delay the release of two 5G standards. These standards will determine 5G requirements for standalone (SA) networks, industrial Internet of Things (IoT) devices, and vehicle-to-everything (V2X) systems. The standards, Rel-16 Stage 3 […]
Edge computing improves the way businesses collect and analyze their data by processing information near the source as opposed to in the cloud. It provides real-time information, which allows companies to make data-driven decisions. Analyst predict that by 2024, the global edge computing market will rise to $9 billion USD. However, only 56% of networking […]
As anyone responsible for supply chain management can tell you, the demand for accountability and tracking at every step of the supply chain just continues to grow. For example, consumers want to know where their vegetables were sourced, how they were grown, handling methods, refrigeration temperatures in transit, how long since they have been harvested, […]
This is a sponsored post from Digi-Key. Written by Jennifer D. Bosavage Robotic technology is everywhere. Robots help factories manufacture products, doctors serve patients, and emergency responders perform rescue operations. Of course, they can also be used purely for entertainment. Robotics engineers design, build, and program those robots. Robotics is a growing, lucrative segment. According to […]
According to Gartner, a leading research and advisory company, blockchain has the potential to become a viable solution for major supply chain issues as the complexity of the supply chain sector continues to grow. These issues include counterfeit products, visibility/traceability, and efficiency play. Several companies worldwide are already testing blockchain pilot programs for supply chain […]
Connected devices are transforming the world in ways we could barely have imagined just a few decades ago. The Internet of Things (IoT) is already changing industries and lives around the world. The following are just four industries that are experiencing this transformation: Agriculture: IoT tractors are helping farmers increase productivity and decrease costs. These […]
Smart grid is expanding globally due to the growing demand for technology changes, electricity, emission reduction, and policies. After all, to help sustain the economy and improve business performance, some form of electricity is needed. The government wants favorable conditions in the marketplace to improve power rates while having enough to support grid expansion. Several […]
