article thumbnail

Applications and innovations in the Internet of Things (IoT)

hackerearth

The Internet of Things (IoT) is a system of interrelated devices that have unique identifiers and can autonomously transfer data over a network. IHS Technology predicts that there will be over 30 billion IoT devices in use by 2020 and over 75 billion by 2025. trillion per year by 2025. Healthcare. IoT in Agriculture.

article thumbnail

Why Mission-Critical Industries Need Custom Industrial Data Platforms

Acuvate

The global Internet of Things (IoT) market in energy alone is expected to hit 35.2 billion USD by 2025 , and IoT is expected to unlock the most economic potential in factories by 2030. It is a strategic move beyond immediate gains, positioning companies to lead in a competitive and rapidly changing world.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Equipment as a Service: Exploring the St. Gallen EaaS Navigator

The BMI Lab Blog

In 2025, the global EaaS market is estimated to grow to $131B compared to $22B in 2019 ( Wopata, 2020 ). But just recently EaaS gained momentum through the advent of the Internet of Things. For instance, when equipment is fully connected, your competition also moves towards EaaS. How to apply the St.

article thumbnail

How IoT Opens Up Opportunities for Limitless Growth in Manufacturing

Acuvate

Retail, logistics, hospitality, you name it, everyone is vying to provide the best customer experience, become more productive and efficient and stay ahead of the competition. billion dollars by 2025. has paved the way for a new subset- the IIoT (Industrial Internet of Things). The manufacturing sector is no exception.

article thumbnail

5 Key Cloud Computing Trends to Watch in 2022

Acuvate

The Internet of Things and Cloud Platforms. The internet of things (IoT) and cloud computing combined will create a hyper-associated world, one of the most notable trends to watch out for in the coming years. contact-form-7]. The post 5 Key Cloud Computing Trends to Watch in 2022 appeared first on acuvate.

Trends 52
article thumbnail

The Packaging Industry is Massive, and It’s About to Be Disrupted

Leapfrogging

The largest corporations see the writing on the wall: McDonald’s recently set a goal of having 100% of its customer packaging come from renewable, recycled, or certified sources by 2025. Higher-tech drivers of industry transformation include smart labels, the internet of things, data analytics, and blockchain.

article thumbnail

Smart Factory 101 A Data, AI, Cloud and Workforce Revolution in the Making

Acuvate

This looks like a dated metric…Can we look at some other one which is for 2025 ? [GU1] However, the development of technologies like RPA, AI, and the Internet of Things is making up for these constraints, making production and supply chains more agile and bringing manufacturing well and truly into the era of Industry 4.0.

Data 52