Valtteri Bottas currently holds the record for the highest speed in a Formula 1 race, hitting 231.4mph in the 2016 Mexican Grand Prix. But what may seem like a fluke requires intensive testing before racers hit the track. Here Robert…
Robots will be the oil and gas industry’s growth engine
The single major advantage of robotics is automation, which drives other improvements in efficiency, productivity, and safety. Automation enables extensive inspection and maintenance tasks to be conducted while feeding back data to help limit operational costs and improve efficiency. Advances…
Embedded industrial communication interface supporting TSN uses CC-Link IE TSN
The CC-Link Partner Association’s (CLPA) partner, HMS Networks, announced the release of a new embedded development option for designers of industrial automation devices compatible with CC-Link IE TSN. HMS Networks’ Anybus CompactCom 40 CC-Link IE TSN embedded communication interface provides…
Global market for IoT in manufacturing will grow to $23 billion by 2031
A new report from Guidehouse Insights discusses how the Internet of Things (IoT) is being deployed in the manufacturing sector and provides analyses for the expected investment in IoT in manufacturing by global region through 2031. Manufacturing is the quintessential…
Smart factory market – growth, trends, COVID-19 impact, and forecasts
The global smart factory market (hereafter referred to as the market studied) was valued at USD 295.65 billion in 2021. It is expected to reach USD 514.29 billion by 2027, registering a CAGR of 9.74% during the forecast period, 2020-2027…
Hackathon drives forward IIoT solutions
The first ever hackathon featuring umati, the connectivity initiative of the mechanical and plant engineering industry, ‘MindSpher’”, the Siemens IoT-as-a-Service solution, and the Digital Industries World e.V., IIoT community was held at the end of September 2022 in Mindelheim. 32…
A global IoT technology startup with a vision to build scalable connected solutions
Season Group, an international electronics design and manufacturing services provider, has acquired all assets of Pycom Ltd, a full stack Internet of Things (IoT) company that provides a fully integrated IoT platform to build scalable connected solutions. Pycom Ltd went…
Autonomous firefighting drones market valued at US$ 8,980.2 million
The global autonomous firefighting drone market will reach a valuation of US$ 1,916.8 million in 2023 and is expected to progress at a CAGR of 16.7% to reach US$ 8,980.2 million by the end of 2033. According to estimates from…
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.…
Industrial remote access gateway offers easier and secure connectivity
Building on the successful Cosy 131, the latest version is the Cosy+ industrial remote access gateway from Ewon, that incorporates some of the most advanced security technologies in automation devices. Industrial remote access makes it possible for support teams from…
