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Structural Health Monitoring (SHM): Definition, Technologies, and Key Companies

Mar 6, 2024 12:00:00 AM / by Admin posted in IoT Markets

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Bridges, railways, dams, buildings, and other infrastructure are highly symbolic of a nation’s technical marvels. When these structures get worn down or, in the worst-case scenario, collapse, it reflects poorly on a country’s identity and leads to tragic loss of life. However, early signs of damage to infrastructure are almost always impossible to detect with the naked eye. Corrosion, aging, fatigue, and impact loads only become observable at a late stage of deterioration, which is usually too late. Therefore, Structural Health Monitoring (SHM) is essential for governments, engineers, and infrastructure asset owners to apply if they want civil infrastructure to continue functioning properly. Remotely monitoring infrastructure with SHM systems provides the following benefits:

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13 Artificial Intelligence (AI) Statistics for Business Leaders in 2024

Feb 22, 2024 12:00:00 AM / by Admin posted in AI & Machine Learning

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It’s safe to say that Artificial Intelligence (AI) is the technology of the decade. AI is a cornerstone to automating business processes and improving consumer experiences. In this blog post, ABI Research shares some of the most striking artificial intelligence statistics revealed in the company’s recent market findings. These statistics accurately gauge the maturity and growth of various AI solutions and identify the trends that will dictate the future of the technology.

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CES 2024 Recap: Five Industry-Setting Highlights from ABI Research’s Analysts

Feb 9, 2024 12:00:00 AM / by Admin posted in Supply Chain Management & Logistics, IoT Markets, Smart Buildings, IoT Hardware, Smart Mobility & Automotive, Extended Reality (XR) Technologies

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Several ABI Research analysts made the trip to Las Vegas in January for the Consumer Electronics Show (CES) 2024. Although geopolitical and macroeconomic conditions continue to cast a shadow over the technology world, CES 2024 had no shortage of excitement and optimism. Our analysts heard plenty of talks from vendors and enterprise end users about investments, partnerships, new technology adoption, and applications. If you missed CES 2024, we would like to share intriguing highlights from five of our analysts who attended the show, each covering a different technology area.

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Key IoT Trends and Statistics Foreshadowing the Future

Jan 30, 2024 12:00:00 AM / by Admin posted in IoT Markets, IoT Networks & Platforms, IoT Hardware

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Few technologies receive as much attention today as the Internet of Things (IoT). IoT adoption goes hand-in-hand with a company’s digitization efforts, providing actionable insight and real time data into operations. IoT devices and service use cases continue to expand and offer organizations essential data to improve how they do business. As solution providers compete with one another to differentiate their offerings, several IoT trends are emerging. Here are five of those key trends to track in 2024, as reported in ABI Research’s 82 Technology Trends That Will—And Will Not—Shape 2024. Before we look into our analysts’ future predictions, let’s review some of the most notable IoT statistics our analysts have compiled.

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Upset Alert: How BYD Sidestepped Tesla to Become EV Market Leader

Jan 26, 2024 12:00:00 AM / by Admin posted in Electric Vehicles

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If you ask the average American or European consumer to name an Electric Vehicle (EV) brand, most will probably quickly say “Tesla.” A large quantity of Tesla EVs on the road and widespread public charging stations make it hard not to take notice of the EV juggernaut. However, Tesla’s global dominance is threatened by a company few Americans and Europeans would know—BYD.

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5 Latest Cybersecurity Trends in 2024

Jan 18, 2024 12:00:00 AM / by Admin posted in OT Cybersecurity, Quantum Safe Technologies, Telco Cybersecurity

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By now, most people should understand the risks of being complacent with cyber protection. Cybersecurity Ventures reports that cybercrime will cost victims US$9.5 trillion worldwide in 2024.. As enterprises continue to invest in digitization, cyber threat actors see additional devices and systems as new opportunities to enter a network. Cyber threat actors use various tactics to carry out cyberattacks, particularly social engineering attacks, phishing attacks, ransomware, distributed denial of service (DDOS) attacks, malware, etc. A successful attack not only costs a company money, but it can damage brand reputation and result in trade secrets or Intellectual Property (IP) being compromised.

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The Future of Electric Vehicle (EV) Charging Infrastructure: Key Forecasts and Trends

Jan 16, 2024 12:00:00 AM / by Admin posted in Electric Vehicles, Automotive

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All market forecast figures have been updated in September 2025.

 

Demand for Electric Vehicles (EVs) continues to grow every year, and will account for more than 50% of vehicle sales volume by the end of the decade. Governments worldwide and several U.S. states have set bans on Internal Combustion Engine (ICE)/diesel vehicle sales, causing a spike in EV production.

However, a lack of charging infrastructure is the elephant in the room. For example, a recent survey from AAA reports that 56% of U.S. consumers say a lack of charging stations is a primary barrier to purchasing an EV.

Significant investment in installing public EV charging points is essential if consumer demand for EVs and government mandates can be met. Home chargers alone will not be adequate for the sustained mass use of EVs, especially in developing markets lacking access to home charging equipment.

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Sharing Our Top 5 Sustainability Trends for 2024

Jan 11, 2024 12:00:00 AM / by Admin posted in Electric Vehicles, Sustainability For Industrial Markets, Sustainability Software Markets, Sustainability For Telco Markets, Smart Energy For Enterprises & Industries

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The year 2024 is set to be a big one for sustainability. Governments worldwide have introduced various policies in recent years that will drive further enterprise investment in green technologies in 2024. Sustainability has ingrained itself into corporate strategies as companies look to appease eco-conscious consumers and adhere to new green regulations. What will this year bring in terms of net-zero emissions efforts? How are enterprises reacting to increased demand to reduce carbon footprints? How can this be achieved? In this post, we’ll share five unique sustainability trends pulled from ABI Research’s annual trends whitepaper.

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How Can the Financial Industry Cash in On Metal Payment Cards?

Jan 9, 2024 12:00:00 AM / by Admin posted in Digital Payment Technologies

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A metal payment card is the Rolls-Royce of the banking industry. The mostly affluent consumers who gravitate toward these high-end cards seek products that reflect their premium lifestyle. When they check out at the jewelry store or pick up the tab at a five-star restaurant, these consumers want the world to see their exclusive status. A metal credit or debit card has no counterpart in terms of product design and sleekness. As ABI Research reports, the number of metal payment cards issued annually will increase from 36.1 million in 2022 to 85.1 million in 2028.

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Generative AI in the Enterprise Sector

Jan 1, 2024 7:00:00 AM / by Admin posted in AI & Machine Learning

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