Technology Staff Reports Technology Staff Reports

New Omdia Research Finds IoT Enterprises are Prioritizing Blockchain Technology

While blockchain is most commonly associated with cryptocurrencies and nonfungible token (NFTs), the promise of the technology in IoT has not been lost by many service providers and enterprises. In fact, 40% of enterprises surveyed say that blockchain is a “priority for the future” for their IoT deployments according to Omdia’s recent report, Blockchain’s role in IoT.

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IoT Mobile Virtual Network Operators (MVNOs) are Evolving Their Business Models, According to ABI Research

The Internet of Things (IoT) MVNO market is comprised of a broad range of companies, from disruptive startups to established players, with firms of varying sizes and geographic scopes. Global technology intelligence firm ABI Research predicts that growth in the IoT MVNO market will see participants’ total revenues exceed US$2.5 billion annually by 2026, representing a five-year CAGR of 18.5% since 2021.

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Nicholas Cooper Nicholas Cooper

By 2026, the 23 Billion IoT Connections will Present New Threat Vectors and Generate US$16 Billion in IoT Security Revenues

In its new whitepaper, Connected & Protected: The Vulnerabilities and Opportunities of IoT Security, global tech market advisory firm ABI Research explores how the exponential growth in IoT connections will usher in a new era of connectivity and productivity along with a slew of new threat vectors and vulnerabilities.

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Nicholas Cooper Nicholas Cooper

Oil & Gas IoT Core Analytics Service Revenues to Grow to US$712 Million in 2026

The Oil & Gas (O&G) IoT Analytics market garners heavy investment, yet it is deeply challenged by complex system integrations, siloed data, and Supervisory Control and Data Acquisition (SCADA) management systems. In-house analytics is no longer a sustainable and cost-effective IoT option, and oil & gas firms have widely recognized the expertise of IoT cloud Platform-as-a-Service (PaaS)/SaaS vendors.

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Intelligent Pumps with Analytics Capabilities Are Expected to be the New Norm -- Frost & Sullivan

A recent analysis by Frost & Sullivan’s found that an average of 50% to 60% of pump original equipment manufacturers’ (OEMs’) revenue is expected to be generated from services-related activities, such as real-time monitoring and reliability services. This will result in the pump industry transitioning from a product-based to a service-based model in the wake of Industrial Internet of Things (IIoT) in this digitalization era. Global pump revenue is estimated to reach $46.92 billion by 2025 from approximately $38.34 billion in 2019.

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Increased Demand for IoT Cyber Protection to Lead Embedded Hardware Security Shipments to Hit $5 Billion by 2024 – ABI Research

In the ongoing push for more secure internet of things (IoT) devices and applications, the hardware choices for embedded security are growing dynamically. Research from ABI research forecasts that shipments for secure hardware serving digital authentication and embedded security will double that of 2019, reaching $5.3 billion by 2024.

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Finding “Real-time Vision” in Supply Chain Management Requires Investments in the Integration of AI and IoT on Cloud Platforms – Cloudleaf CEO, Mahesh Veerina

Organizations that are unable to see the exact disposition of every item in their supply chain will be unable to compete effectively in an increasingly real-time world driven by today’s ecommerce market. So says Mahesh Veerina, CEO of Cloudleaf, a Silicon Valley-based company that is using digital technologies -- including internet of things (IoT), artificial intelligence (AI) and machine learning (ML) -- in the cloud to transform supply chains.

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Data-driven Customer Experiences Requires More Than Infrastructure; Customer Data Platforms to Play Key Role in Effective Engagement -- Simon Data CEO Jason Davis

As organizations look for ways to deliver data-driven customer experiences, many executives have focused on building out their data infrastructure to capture, store and share the explosion of structured, unstructured and telemetry data being generated today. Infrastructure alone, however, will not be enough to develop and implement effective customer engagement strategies, according to Jason Davis, co-founder and CEO of New York-based Simon Data, in a thought leadership interview with BizTechReports​.

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Quality Management Software Market 2019-2026: Global Industry Size, Share, Emerging Trends, Demand, Revenue and Forecasts Research Report

Increasing shift towards an online platform to fuel demand in the global Quality Management Software market. The market has been witnessing the development of new technology. Fortune Business Insights has announced publishing of a report, titled “Quality Management Software Market Size, Industry Share and Growth Rate 2019-2026”.

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Nate Fisher Nate Fisher

Connected and Vulnerable: Deloitte Shares Top Five Tips for IoT Device Security

As Internet of Things (IoT) devices continue to proliferate, the onus is on organizations to put security at the forefront of their IoT priorities according to new recommendations from Deloitte. From cameras to toothbrushes, thermostats to hospital infusion pumps, connected devices are actively being targeted by cyber adversaries determined to compromise corporate and individual privacy, construct botnets, place malicious software and steal intellectual property.

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Airrion Andrews Airrion Andrews

5G Will Not Be ‘The Network of Networks’ for Enterprise Verticals, ABI Research Says

5G is being positioned as a “network of networks” that will encompass public and private components, licensed and unlicensed spectrum, and even expand beyond cellular, to satellite communications. But in reality, 5G will only be one component of the enterprise vertical technology stack, ABI Research noted in its new white paper, The Five Myths of 5G.

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Editor's Pick Nate Fisher Editor's Pick Nate Fisher

Auto Revolution 2019: The Critical Role Of Trust In Harnessing The Full Potential Of The Voice Of The Vehicle

While the emergence of internet of things (IoT), artificial intelligence (AI) and next generation cloud computing technologies are creating new opportunities to capture deep insights into the driving and vehicle ownership experience, the automotive industry must take care to ensure consumers have a high level of comfort and trust in Voice of the Vehicle (VOV) initiatives, says Dave Sargent, Vice President of Global Automotive for J.D. Power, in an interview prepared for the upcoming J.D. Power Auto Revolution event in Las Vegas on October 23-24.

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