Global market for IoT in manufacturing will grow to $23 billion by 2031

A new report from Guidehouse Insights discusses how the Internet of Things (IoT) is being deployed in the manufacturing sector and provides analyses for the expected investment in IoT in manufacturing by global region through 2031. Manufacturing is the quintessential…

Skills shortage and recession fears could halt tech investment

More than half of UK business leaders believe their companies’ digital platforms (websites, apps and customer-facing tech) fail to stand out against competitors, with almost half ready to invest in making improvements in 2023, new research from Studio Graphene has…

Smart factory market – growth, trends, COVID-19 impact, and forecasts

The global smart factory market (hereafter referred to as the market studied) was valued at USD 295.65 billion in 2021. It is expected to reach USD 514.29 billion by 2027, registering a CAGR of 9.74% during the forecast period, 2020-2027…

New funding for agriculture, horticulture automation and robotics

Ahead of its launch in January, Defra has published guidance for the third round of the Farming Futures Research and Development Fund competition focusing on agriculture and robotics. In partnership with UK Research and Innovation (UKRI), Defra will match-fund projects…

Flexibility and reliability with PlantPAx DCS release

Rockwell Automation, the global specialist dedicated to industrial automation and digital transformation, has announced the release of FLEXHA 5000 I/O family that offers high availability and continued evolution of the PlantPAx Distributed Control System (DCS). Process customers will see more…

Hackathon drives forward IIoT solutions

The first ever hackathon featuring umati, the connectivity initiative of the mechanical and plant engineering industry, ‘MindSpher’”, the Siemens IoT-as-a-Service solution, and the Digital Industries World e.V., IIoT community was held at the end of September 2022 in Mindelheim. 32…

Alliot Technologies become official Vodafone IoT partner

Specialist IoT solutions provider, Alliot Technologies has announced it is working with technology communications company, Vodafone. In a move which sees Alliot become an official Vodafone IoT partner, the Huddersfield-based distributor is now equipped to provide NB-IoT connectivity throughout the…

A global IoT technology startup with a vision to build scalable connected solutions

Season Group, an international electronics design and manufacturing services provider, has acquired all assets of Pycom Ltd, a full stack Internet of Things (IoT) company that provides a fully integrated IoT platform to build scalable connected solutions. Pycom Ltd went…

Industry set to contract in 2023

Manufacturing output is set to contract next year as the deteriorating economic conditions at home and abroad impact on the sector, with increasing costs across the board, tighter fiscal and monetary policy and weakening consumer demand forming a perfect storm.…

High speed with the new delta robot from KUKA for even more productivity

The KUKA Hygienic Oil (HO) portfolio is expanding: the new KR 3 D1200 performs various pick-and-place tasks at previously unattainable speeds. With maximum precision, it now moves up to 6kg of food, medicine or electronic parts. Large workspace, little room Although the KR 3…