WEF: Inequality likely to worsen as robots set to do half of work by 2025

A report from the World Economic Forum (WEF) predicts that robots will do half of all work tasks by 2025, with inequality likely to worsen as a result.

Concerns about the impact of automation on jobs are not exactly new, but most felt the timeline for significant change would be longer – providing more time for mass reskilling of the workforce.

The pandemic we find ourselves in is creating “a double disruption of jobs” with businesses reducing their employees while...

Arm unveils new solutions for IoT and automotive applications

Arm has unveiled new computing solutions designed for improving autonomy in IoT and automotive settings.

Arm has announced a suite of new IP including the Arm Cortex-A78AE CPU, Mali-G78AE GPU, and Mali-C71AE ISP. Each will work in tandem with supporting software and tools to enhance the autonomous workload capabilities of silicon providers and OEMs.

Chet Babla, VP of Automotive and IoT at Arm, said:

“Autonomy has the potential to improve every aspect of our...

AT&T provides global connectivity for Howden’s IIoT solution

US telecoms giant AT&T will provide global connectivity for Howden Uptime, an IIoT solution which remotely monitors heavy machinery.

Howden Group manufactures rotating equipment such as fans, compressors, steam turbines, and heaters. The company is headquartered near Glasgow, UK but produces equipment used globally across industries including power generation, petrochemical, waste, water, cement, mining, and more.

Earlier this year, Howden Uptime was announced to...

Experts believe Industry 4.0 will drive a century of advancements over five years

The majority of IT experts believe a century’s worth of technological advancements will happen over the next five years.

Four in five (82%) senior IT decision-makers (ITDMs) worldwide make the prediction as part of Industry 4.0 research conducted by Quadrant Strategies.

Industry 4.0 is the idea that we’re entering the fourth industrial revolution—driven by technologies such as large-scale M2M communications, the IoT, and AI.

The vast majority (87%) of...

Ben Wald, founder, Very: On why IoT projects are the hardest to launch

The effects of the Covid-19 pandemic have been extraordinary in terms of implementing remote working policies on companies. But some have fared better than others.

Ben Wald, founder of IoT development firm Very, is no ordinary executive. Throughout his career Wald has striven to use tech to make a positive social change, although noting that 'aligning social impact with capitalism is never an easy marriage.' This manifests itself in the company's core values. Transparency is taken...

Why the rest of the supply chain needs to catch up with smart manufacturing

The smart manufacturing sector is primed for huge growth over the next few years, as industries adopt new technologies in the never-ending hunt for maximum efficiency. The global market stood at $204.95 billion in 2019, and it’s projected to reach $506.33 billion by 2027.

Especially during its early weeks, the coronavirus pandemic wreaked havoc on global supply chains, as lockdowns and restrictions stymied most international shipping, manufacturing and commercial activities....

TM Forum explores using IOTA for trusted Industry 4.0 solutions

Telecoms industry association TM Forum has announced it's exploring the use of IOTA for trusted next-generation IIoT solutions.

IOTA is often mistakenly called a blockchain. The core purpose is similar, it's essentially a trusted ledger, but one which uses a DAG (Directed Acyclic Graph) structure called the Tangle in a bid to offer the scalability required for large IoT deployments.

TM Forum has launched Mega Catalyst, a project which aims to build a "completely trusted...

NEC and Siemens team up for IoT monitoring partnership

NEC Corporation has announced that it will be collaborating with Siemens to provide artificial intelligence (AI) monitoring and analysis.

In a press release, NEC said that the collaboration will provide a solution for manufacturing that connects MindSphere, the cloud-based, open IoT operating system from Siemens, and NEC’s System Invariant Analysis Technology (SIAT). According to the agreement that...

Dimitra Simeonidou, Smart Internet Lab: Building smarter cities

IoT News caught up with Professor Dimitra Simeonidou to gather her thoughts on building smarter cities.

When we previously met Simeonidou, she was the CTO of Bristol is Open – a pioneering smart city project combining a fibre and mesh network with sensors and open data to provide a playground for anyone wanting to test applications in a real-world environment.

“Last time we spoke, it was just the beginning of doing city–regional experimentation,” says...

Why awareness, rather than affordability, is the biggest barrier to IoT adoption in manufacturing

In previous years, perceptions of IoT might have been that not only is it a complex venture, but also an expensive one.

Arguably, this viewpoint is somewhat outdated. The cost of computing, according to The Economist, is roughly a one hundred-millionth of what it was in the 1970s. The cost of sensors used for IoT, according to Goldman Sachs, have dropped from $1.30 to $0.60 between 2004 and 2014. And, of...