The growth of Industry 4.0 by 2030

The Industry 4.0 (I4.0) market is one that is constantly developing and growing at an exponential rate, so what might it look like in just under a decade come 2030? According to recent suggestions, the global I4.0 market could be…

IoT and ESG: How IoT can help businesses achieve their ESG goals

The Environmental, Social, and Governance (ESG) framework is used by businesses to self-assess investment sustainability and societal impacts. Organisations around the world strive to achieve ESG goals to improve reputation, reduce risks, save costs, innovate, and grow – IoT is…

Digital twins and the next generation simulation engine

Digital twins have become a major part of operational excellence in recent years. Originally developed as a way to replicate the physical world in virtual form, they now play a prominent role in forecasting and planning future scenarios. Frances Sneddon,…

Energy efficiency is a net zero game changer

IOT Insider speaks with Joris Cocquyt, Global Head of Sales, IEC LV Motors Division, ABB about how industry and transportation can put energy efficiency at the top of their agenda. How are industry and transportation responding to the climate crisis?…

The industrial robot market is expected to reach $23.2bn by the end of 2033

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…

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…

Why Industrial IoT can fail to improve operational performance

Business owners are bombarded every single day by companies trying to sell the magic bullet that is IIoT technology but beware the hype. In fact, your industrial IoT solution has a good chance it will just waste your time. It’s…

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…

Resilience is key for reliability programmes in 2023

Organisations have been dealing with a myriad of uncertainties affecting their business operations over the past few years, but they are finally starting to see some stability in their operating environment. While this stability is welcome, the key for most…

ABB opens its Mexico Technology and Engineering Centre

ABB has established a new regional operations centre for North America. An initial $1m investment has been made for the new Mexico Technology and Engineering Centre (MXTEC) in the city of Merida, Yucatan, to help them reach higher project delivery…