Oil and gas industry sees rapid growth in IoT devices

The oil and gas industry is experiencing a surge in the adoption of IoT devices, according to a new report from Berg Insight.

Berg Insight’s report forecasts that the installed base of wireless devices featuring cellular, satellite, or low-power wide-area (LPWA) connectivity in the industry will grow at a compound annual growth rate (CAGR) of 19.3 percent, increasing from 7.8 million units at the end of 2023 to 18.8 million connected devices by 2028.

The primary...

Nokia boosts IoT capabilities for the industrial edge

Nokia has announced the addition of five new third-party IoT applications for its MX Industrial Edge platform, enhancing industrial IoT capabilities in areas like asset tracking, positioning, indoor navigation, and worker safety. 

The new applications leverage the low latency, resilient connectivity, and embedded intelligence of the MX Industrial Edge to enable more efficient industrial operations. By deploying these applications at the edge of the network near industrial assets...

Globalstar expands IoT asset tracking solutions with GSatSolar

Globalstar has unveiled a new addition to its growing portfolio of industrial IoT asset tracking solutions.

In collaboration with Global Satellite Engineering (GSE), the company has introduced GSatSolar—a compact, rugged, and cost-effective tracking device designed to enhance the efficiency of tracking software tools for Value-Added Resellers (VARs) and customers.

GSatSolar, powered by satellite technology, enables an increased number of trackable assets in near-real...

Worldsensing launches remote vibration monitoring device

Worldsensing has launched its newest wireless sensor, the Vibration Meter. The device uses a tri-axial accelerometer to measure vibrations, with a longer battery life, wider communications range, and more competitive price point than comparable products.

Vibration Meter is designed to help engineering companies comply with building integrity regulations like the German DIN 4140-3 standard, British BS 7385-2, and ISO 2631-2 on the effects of vibrations on...

Eclipse Foundation’s Sparkplug IIoT spec becomes ISO standard

The Eclipse Foundation announced Tuesday that its Sparkplug specification for industrial IoT (IIoT) connectivity has been published as an ISO/IEC international standard, a move that should accelerate its adoption.

Sparkplug, which enables different industrial systems to seamlessly share data, is now known as ISO/IEC 20237. It passed through the ISO fast-track process for standards developed externally. The Eclipse Foundation will continue to maintain Sparkplug.

“The...

NVIDIA unveils Omniverse innovations to accelerate OpenUSD adoption

NVIDIA has unveiled a suite of innovations to accelerate the widespread adoption of OpenUSD through its Omniverse industrial metaverse platform.

OpenUSD, created by Pixar Animation Studios, is a cutting-edge 3D scene description technology designed to facilitate interoperability across various tools, data, and workflows.

Earlier this month, NVIDIA joined industry titans in creating the Alliance for OpenUSD (AOUSD) to standardise OpenUSD specifications and create a solid...

Massive IoT demands the unique capabilities of hyperscale vendors

With revenue in the UK IoT market projected by Statista to reach US$25.95bn in 2023 and grow to US$48.7bn by 2028, there are substantial growing pains for IoT to overcome as it transforms the operational efficiency, environmental impact and competitiveness of businesses. However, it’s not just revenue growth that is at stake. IoT is increasingly proving itself as a force for good, delivering societal benefits and powering initiatives that improve healthcare and safety, reduce waste and...

European Data Act: Unlocking the potential of industrial data

The European Commission has recently welcomed the political agreement reached between the European Parliament and the Council of the EU on the European Data Act.

Margrethe Vestager, Executive Vice-President for A Europe Fit for the Digital Age, said: “This is a significant milestone in the journey towards a single market for data. The Data Act will optimise data use by improving data accessibility for individuals and businesses. This is very good news for our digital...

UKAEA will develop a fusion energy plant in the metaverse

The industrial metaverse is set to revolutionise the development of the UK Atomic Energy Authority’s prototype fusion energy plant, STEP, located in Nottinghamshire.

The immersive and connected virtual environment will serve as the digital realm where engineers and scientists will collaborate to design and refine the plant's engineering blueprint.

In partnership with Dell Technologies, Intel, and the University of Cambridge, UKAEA aims to leverage the power of...

Telit acquires Thales’ cellular IoT products to establish Telit Cinterion

Telit is acquiring Thale’s portfolio of cellular IoT products to establish a combined firm called Telit Cinterion.

Paolo Dal Pino, CEO of Telit, said: “Innovation, scale and efficient IoT solutions are key for success. This transaction with Thales is arguably the most impactful one for Telit competitiveness.

“While it will boost our ability to address customer needs more precisely from a richer portfolio, it will also enable us to deliver all-new offerings derived...