The global Industrial robot market is around $17,925m in 2023 and is expected to grow at a CAGR of 12.1% during the forecast years of 2023-2033. The robot market is expected to witness greater growth over the forecast year to…
Could ChatGPT herald the next stage for CX AI adoption?
Joe O’Brien, Global Corporate Communications Manager, Sabio Group, explores what’s next for ChatGPT and CX AI. Over the last few weeks, you may have heard lots of noise about ChatGPT, the new model for conversational AI that was launched by…
5G IoT connections to surpass 100 Million by 2026
A new study from Juniper Research has found that 5G IoT (Internet of Things) connections will reach 116 million globally by 2026; rising from 17 million in 2023. It predicts that the healthcare sector and smart city services will drive…
The Edge Hub appoints board leaders in technology and investment
The Edge Hub, an innovation and digital upskilling and business growth collaboration, has announced the expansion of its team and a unique global partnership along with several new roles to support the acceleration of skills delivery to businesses across the…
Big data opens up new business models
Industry is seeking new ideas for that key step ahead in the international arena. For instance, the smart utilisation of production data augments machine efficiency and helps create all-new data-based business models. These innovations will be presented at EMO Hannover…
Siemens & Deloitte demonstrate industry 4.0 innovation at The Smart Factory @ Wichita
Siemens Digital Industries Software have announced the opening of eXplore Live at The Smart Factory @ Wichita, an experience centre convened by Deloitte that marries an ecosystem of organisations with business strategy and technology to demonstrate Industry 4.0. Located on…
Using digitalisation to create agile pharmaceutical production
Future-oriented manufacturing is all about flexible and responsive operations that can promptly address market demands based on data and new insights. With highly regulated manufacturing processes, can pharmaceutical production manufacturers embrace agile strategies to improve their competitiveness? The short answer…
Robot control system market to be worth $19.9Bn by 2033
The robot control system market is projected to reach valuation of $6.8 billion in 2023 and will top $19.9 billion by 2033, rising with a CAGR of around 11.2% during 2023-2033. In 2023, the global robot market is estimated to be valued around $38,654 million. Robot control…
The offshore drone inspection market is estimated to be valued at $1,456.8m by 2033
The market for offshore drone inspection is anticipated to reach $421.6m in 2023 and grow at a healthy 13% CAGR between 2023 and 2033. The various advantages offered by advanced drones, such as stability, low deployment costs, improved data quality,…
SESIP’s role in the IoT ecosystem
The number of Internet of Things (IoT) devices available throughout the globe is forecast to be 29 billion by 2030. With technology adoption showing no signs of slowing down – as consumer spending on smarter technology continues to skyrocket –…
