Global IoT market will surpass the US$1T mark by 2024

A COVID-19 driven new digital transformation wave will fuel higher growth across all IoT markets. The global internet of things (IoT) market by revenue will be worth US$1.1 trillion by 2024, with much of the growth coming from wearables, reported analyst firm GlobalData. In its latest report, ‘Thematic Research: Internet…

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Asia-Pacific’s Internet of Things market worth close to US$437B by 2026

COVID-19 has had a negative impact on projects that integrate innovative technolgies. Frost & Sullivan’s recent analysis finds that Asia-Pacific’s Internet of Things (IoT) market is rapidly being transformed by mega trends, including the integration of edge-computing networks into IoT systems and new narrow-band (NB) IoT deployments. Driven by growing…

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IT/OT convergence to support resilient decision making in APAC

The ability of operations to consume data insight and enable resilient decision making will become critical. The shift in maturity of integration of IT and OT systems will bring a critical focus to processes and organisations. In a recently released report, IDC FutureScape: Worldwide IT/OT Convergence 2021 Predictions — Asia/Pacific (excluding…

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IoT devices are posing an increasingly high risk of cyber-attack

Lloyd’s and reinsurance broker Guy Carpenter finds vulnerabilities for industrial and manufacturing businesses. As cyber threats continue to evolve and become more sophisticated, it is crucial for insurers to understand these emerging risks in order to keep pace with their clients’ exposures. The recently released report, The Emerging Cyber Threat to…

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IoT and applying it to different fields in Hong Kong

Huang Jingwen, Assistant Government Chief Information Officer (Industry Development) discusses the importance of IoT for HK. The technology and application of the Internet of Things have developed rapidly around the world. According to the results of the “IDC Global Internet of Things Decision Makers Survey 2019”, it is found that 63.5…

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U-MING Marine Taiwan installs IoT fleet management platform

Benefits will include increased efficiency, greater safety, reduced costs, and lower environmental risks. Taiwanese bulk carrier, U-Ming Marine Transport Corporation (U-MING) will use Ericsson to partner with to digitise its fleet performance management through intelligent Internet of Things (IoT) connectivity. The new fleet performance management platform (FPM) will enable professionals…

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OutSystems Roundtable: Disrupt or be disrupted – How can utilities accelerate momentum towards resiliency, automation and digital innovation

Sponsored content: Thursday, 27th August 2020, Australia Focus Network, in partnership with OutSystems, brought leading IT executives from across the Australian utilities sector, in a conversation to discuss how utilities can benefit from a rapid development platform for core transformation and digital opportunities all along the value chain. Key takeaways:…

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