Huawei forecasts growth in digital energy and smart car solutions

Chinese telecoms giant Huawei is targeting growth in 2024 for its newer business areas including digital energy and smart vehicle solutions, according to rotating chairman Hu Houkun. 

In an end-of-year memo, Hu said the company expects to surpass 700 billion yuan ($103 billion) in sales for 2023. While its core ICT infrastructure business "will remain robust," greater momentum is building behind the firm’s digital energy and smart vehicle solutions.

"The...

Telefónica Tech and ARME establish a robotics hub

Telefónica Tech has partnered with the Spanish Mobile Robotics Association (ARME) to establish a mobile robotics technology hub.

The purpose of the collaboration is to create an environment where companies from the technology and industrial sectors can collaborate on research, innovation, and co-creation of solutions to advance the field of robotics.

The mobile robotics technology hub will be housed within The ThinX, Telefónica Tech's IoT and Big Data applied...

Inmarsat: IoT to overtake cloud computing as primary Industry 4.0 technology

Research from Inmarsat has found that investment in the IoT is set to overtake cloud computing and other digital transformation technologies.

The IoT can hardly be considered an “emerging technology” anymore. Between 2017 and 2020, IoT investments account for an average of 7 percent of an organisation’s IT budget. Over the next three years, businesses expect to increase their IoT budgets to 10 percent.

Here’s how that compares to planned investment in other...