Automation, Controls and Technology News
Exploring IIoT in 2020: Growth Factors & Trends
Explore IIoT trends in 2020 and find out what's driving the adoption of Industrial Internet of Things technology.
Do you use IoT at your plant or at home? Comment and share!
To Mobility, and Beyond: Mobile Robots Set to Transform Industry
ABI Research, advisory firm for the global technology market, has predicted that the upcoming decade will produce explosive growth in the robotics industry, resulting in a total market valuation of US$277 billion by 2030. This growth will reflect an industry shift toward mobile robotics, with mobile robots dominating traditional industrial robotics by 2022. While mobile robotics are currently concentrated in materials handling, this technology is expected to make waves throughout many sectors of the global economy in the coming decade, transforming automation and manufacturing. “The automation of material handling will see huge segments of the global forklift, tow truck, and...
5G Networking: Why it matters for industrial automation in 2020
As we near the beginning of a new decade, 5G technology is predicted to take the world by storm, and the automation industry is no exception. 5G networks, expected to launch globally in 2020, will be critical in powering the growing Industrial Internet of Things (IIoT). Let's explore what the widespread introduction of 5G will mean for professionals in manufacturing and automation. 5G: More Than Mobile Phones While mobile operator networks are often the first application that the term 5G brings to mind, the technology will also revolutionize manufacturing via private networks. Enterprise networking, IIoT, and critical communications are just...
Industrial Internet of Things (IIoT) Market Set to Reach 196 Bil By 2023
According to a report by Allied Market Research, in 2017, the worldwide Industrial Internet of Things reached $127.7 billion in 2017. By 2023, the industry is expected to reach $196.8 billion, with a CAGR of 7.5% between 2017-2023. A swell in adoption of IIoT, technological advancements, and low costs associated with IIoT intergration have all contributed to the growth of the market. Despite these factors driving growth, a lack of adequate IT infrastructure restricts the current possibilities of market growth. While remaining conscious of this limiting factor, it's important to note that increased predictive maintenance and growing adoption of the...
5 Robotics Companies Making Waves in the Industrial Sector
Use of robotics is on the rise in every facet of modern life, and industrial automation is no exception, with the industrial robotics sector set to continue it's trend of exponential growth in 2020. At the forefront of the robotics revolution, the following five companies are innovating robot technology in manufacturing and industry: 1. NVIDIA NVIDIA is primarily focused on the development of chips that will serve as the brains of the next generation of robots. NVIDIA's most recent offering is the Jetson AGX Xavier Module, an energy efficient AI computer consisting of 9 billion transistors. Aided by six high-performance...