Machine learning is a rapidly growing field in the oil and gas industry. It can be used to analyse seismic data, well logs, and other geologic data to identify potential oil and gas reservoirs. Machine learning algorithms are also capable…
Robot sales in North American manufacturing up 12 percent
The North American robotics market showed strong growth: Total installations in manufacturing rose by 12% and reached 41,624 units in 2022. Number one adopter is the automotive industry: companies based in the US, Canada and Mexico installed 20,391 industrial robots…
Kalima Blockchain moving to be the Web3 network for businesses and IoT
By 2025, 80% of data processing and analysis will be done in smart devices, mobile devices, industrial network gateways, etc. For companies and developers, this means being able to handle a very large volume of data (73.1 zettabytes of data…
Alfa Laval releases new condition monitoring software for intelligent pump
Alfa Laval releases new condition monitoring software with built-in analytics. Using AI, the new Alfa Laval Analytics for online condition monitoring helps hygienic industries prevent unplanned downtime, extends lifetime of valuable assets and helps reach sustainability targets. “This is a…
CLPA and PI highlight how collaboration is key to advance TSN
Industry leaders worldwide are recognising the role of Time-Sensitive Networking (TSN) as a critical enabler in the development of state-of-the-art Industry 4.0 applications. The CC-Link Partner Association (CLPA) and PROFIBUS & PROFINET International (PI) are premier organisations acknowledging the opportunities…
Smart City Expo 2023 outlines New Urban Era in record-breaking edition
Smart City Expo World Congress (SCEWC) will hold a record-breaking edition in 2023. From November 7-9 and under the theme “Welcome to the New Urban Era” the show and congress will register a 55% growth in its exhibition floorspace and…
UK consumers seek greater security assurances for smart home and health devices – UL Solutions
Eight out of 10 (81%) people participating in a recent study of consumers in the UK said how a manufacturer protects against cyber-attacks and privacy invasions is important when purchasing a smart home, fitness or medical device. Commissioned by UL…
Will the Robotic Lung Biopsy industry exceed $2bn by 2033?
The robotic lung biopsy market size is projected to be worth $408.0 million in 2023. From 2023 to 2033, global robotic lung biopsy demand is forecast to rise at 9.6% CAGR. Total market valuation at the end of 2033 is…
North America robot orders soften after record 2022
North American companies ordered fewer robots in the first quarter of 2023 than for the same period last year. According to the latest report from the Association for Advancing Automation (A3), companies ordered 9,168 units valued at $597 million in…
Report estimates 5G IoT market to be worth $89.42bn by 2030
The global 5G IoT market size is expected to reach $89.42 billion by 2030, registering a CAGR of 50.2% from 2023 to 2030, according to a new report by Grand View Research. The growth can be ascribed to improved dependability,…
