IoT AI services to reach £2.6 billion in revenue by 2026

AI and Machine Learning

Artificial intelligence (AI) and machine learning (ML) services within the IoT sphere are expected to grow by 40% annually, reaching $3.6 billion (£2.6bn) in revenue by 2026.

The latest from global tech advisory firm ABI Research's new report, the findings indicate that the value in the technology stack is shifting beyond hardware and middleware to analytics and value-added services.

In fact, whilst COVID-19 negatively impacted lots of industries, it seems to have...

BT and ABP launch IoT trial at the Port of Ipswich

BT has partnered with Associated British Ports (ABP) to launch an IoT trial at the Port of Ipswich.

The trial will explore how the IoT can help to digitise the port’s logistics and operations processes and speed up the movement and processing of goods.

Andrew Harston, Region Director, Wales and Short Sea Ports, Associated British Ports, said: 

“The trial with BT is an exciting step in the Port of Ipswich’s journey to becoming a smart port.

The...

Eclipse: IoT and edge computing adoption is accelerating

The latest IoT and edge computing survey from the Eclipse Foundation highlights that enterprises are putting their foot on the accelerator in terms of adoption.

47 percent of respondents have already deployed IoT solutions while an additional 39 percent plan to do so within the next 12-24 months.

Edge computing adoption is also subsequently increasing as organisations look for increased performance from their devices including reduced latency, improved security and...

How the IoT has been used to respond to COVID disruption

Due to the restrictions imposed to halt the spread of COVID-19, namely lockdown and social distancing, buildings emptied out. It is only recently that people have returned to offices, as well as pubs and restaurants, and even then there are strict rules in place to prevent an outbreak. But—as many an embattled waiter, bartender and barista has found—it is hard enough to manage even a small space, let alone a many-storied, multi-purpose building.

IoT is an elegant solution....

AWS announces IoT partnership with farming solutions provider Yara

Amazon Web Services (AWS) has announced a strategic IoT partnership with farming solutions provider Yara.

Optimising crop production is vital to ensure there’s enough food to feed an increasingly overpopulated world while minimising the environmental costs. IoT technologies, as usual, will play a key role.

Marcus Furuholmen, VP of Digital Production at Yara, said:

“Yara’s vision is simple yet extremely powerful. Through our worldwide operations we seek to...

How IoT is fuelling digital transformation 2.0 for leading digital companies

What if your smartwatch could tell when you’re getting agitated while driving and signal your car radio to play music that soothes you? What if your vacuum cleaner could identify certain spots in your house prone to harboring particles you’re allergic to and clean them more frequently? What if employees in an office could be alerted when they’re within two meters of each other so they can maintain social distancing?

IoT has already made the last example possible - via...

Enea 5G MicroCore for enterprises aims to support Industry 4.0 initiatives

Enea has launched 5G MicroCore for enterprises, a complete and interoperable solution for businesses using private 5G networks for Industry 4.0 purposes.

Industry 4.0 combines emerging technologies such as the IoT, AI, edge, and cloud computing to once again revolutionise traditional industries such as manufacturing. Private 5G networks are key to unlocking Industry 4.0’s potential.

Leo Gergs, Research Analyst for 5G Markets at ABI Research, said:

“As...

The positive impact of continuous IoT-enabled connectivity on supply chains

Despite the incredible sophistication of global supply chains, billions of dollars of food, fuel, medicines, and goods continue to be lost each year. Perishable items are sent to the wrong location and criminal gangs syphon off valuable goods or replace them with counterfeits, by exploiting the weakest links in the supply chain.  

Without real-time data, inbound goods are easily decoupled from outbound and case studies suggest that between 10-30% of Returnable Transport Items...

Five steps to successful global IoT deployment: A guide

The multi-layered complexity of IoT services and on-going challenges around global connectivity, data and devices, has contributed to a large number of project failures, delaying the critical mass of IoT connected ‘things’ predicted in earlier years. But IoT continues to promise rapid, hyperscale growth, super-boosted profit and reinvigorated market potential to those organisations who embrace the right technologies, processes and strategies that will put an end to previous project...

What is AWS Fleet Hub and what does it mean for IoT?

At its recent Re:Invent 2020 event, Amazon Web Services (AWS) revealed that it now has more than half a billion devices connected across more than ten thousand customers who are using its IoT infrastructure. Existing AWS IoT components are quite technical building-blocks, ranging from FreeRTOS and Greengrass running on the device, to IoT Core, IoT Analytics and IoT Device Manager in the cloud. They are the classic “by developers, for developers” best-in-class, technical components for...