Enterprises continue to contend with increasing complexity in their operations, prompting them to ramp up their digitalization efforts. Extended Reality (XR), which includes both Augmented Reality (AR) and Virtual Reality (VR), is one of the top technologies being used by enterprises and industrial firms. Of all the ways it benefits businesses, employee training is one of the most firmly established use cases of AR/VR. Using AR/VR training applications provides an interactive medium for employees to improve their understanding of complex/abstract concepts, simulate scenarios, apply knowledge, and harness their skills in secure settings.
Smart building platforms are software-based solutions that help real estate owners improve operational efficiency and reduce their carbon emissions. The key to making this happen is the collection of data from various endpoints (connected devices), leading to improved lighting control, occupancy sensing, and Heating, Ventilation, and Air Conditioning (HVAC). Not only do smart building platforms collect droves of essential data about energy usage and operational flows, but they can automate many aspects of building management. The top six companies providing smart building platforms allow organizations to meet sustainability goals and reduce their energy costs.
The modern enterprise faces significant macroeconomic challenges, with high inflation, rising energy and production costs, and widespread labor shortages affecting operations. To overcome these challenges, enterprises are further digitizing, taking advantage of everything from Augmented Reality (AR) to the Internet of Things (IoT). These high-bandwidth applications require a formidable connectivity backbone, making 5G deployments a key enabler of digitization. 5G promises big connectivity upgrades for enterprises, supporting Enhanced Mobile Broadband (eMBB), Enhanced Ultra-Reliable Low Latency Communication (eURLLC), and Massive Machine-Type Communication (mMTC).
Digital transformation is in full swing in the mining industry. Most of the top mining companies are searching for talent with experience in technologies like data analytics and Artificial Intelligence (AI).
The search for tech talent stems from a wave of challenges that cast doubt on the future of mining and metals operations. Mining firms realize that in the face of macroeconomic uncertainty, geopolitical instability, and an aging workforce, automation is essential to remaining competitive.
This article sets out to help you envision what digital transformation means for mining operations in two ways. First, by explaining the most urgent market drivers of digitalization in the industry. Secondly, by listing the most digitalized mining firms worldwide ABI Research has assessed.
According to our Industrial and Manufacturing Markets Forecast report, mining firms are forecast to increase their digital transformation spending from US$5 billion in 2025 to US$9.7 billion in 2030.
As manufacturers continue to embrace digital transformation, Programmable Logic Controllers (PLCs) become ever more crucial in improving productivity. If your plant aims to deploy a new PLC, there are a number of brands providing effective hardware and software solutions to support industrial automation. ABI Research’s recent Industrial Automation: PLC Hardware and Software competitive ranking assessed 11 PLC companies on their solution capabilities. To refine your search for a new PLC partner, I’ll share five of the most promising brands from the report.
If your business uses a video surveillance system, it’s likely deployed on-premises. I also bet that your company outsources installation and maintenance services to a System Integrator (SI). If this sounds like your company, you’re not alone; most businesses today operate surveillance operations this way. However, cloud video surveillance solutions are reshaping the commercial surveillance industry. Cloud-based camera solutions allow Small and Medium Enterprises (SMEs) to leverage advanced surveillance features conveniently and cost-effectively. Security and business outcomes once unimaginable for smaller companies are now within arm’s reach.
With cellular modules getting more attention for their role in IoT solution security, ABI Research offers the first of a series of educational articles covering cellular modules. In each post, ABI Research analysts provide their insights on cellular modules and their impact on IoT solution security in critical areas of the IoT value chain.
All too often, vehicular accidents result from a distracted driver, claiming 3,522 lives in the United States in 2021. Whether the driver is looking down to text, experiencing extreme levels of fatigue after a long day at work, or exhibiting some other unsafe behavior, these sometimes tragic cases could be avoidable if the driver were concentrating more closely. Over the last 10 years or so, the automotive industry has focused on integrating active safety systems that detect hazardous situations outside the vehicle. However, this concept has extended to detecting hazardous situations from within the vehicle through camera-based Driver Monitoring Systems (DMSs). As will be explained later in this post, these technologies will also include broader Occupant Monitoring System (OMS) applications, so that automakers can provide a transformative driving experience for all passengers.
Placing data in a third-party cloud can bring with it all kinds of new security issues. But just as importantly, there are aspects of regulatory compliance that enterprises need to address as well, and these can be highly challenging depending on the nature of the data and the location of the cloud infrastructure.
One key challenge retailers face is inaccurate pricing on product shelf labels. If one of your customers expects a product to cost US$4.99, but learns upon checkout that the actual price is US$9.99, how do you think they will respond? Some customers might shrug it off and not think twice about it; however, most will be left with a bad taste in their mouth and perhaps lose their brand loyalty. Retailers are increasingly adopting Electronic Shelf Labels (ESLs), replacing traditional paper labels to prevent this scenario. While ESLs have existed for years, the installed base is low. Newer connectivity technologies are unlocking far more value for retailers beyond dynamic pricing, spurring greater demand for ESLs in a post-COVID-19 world.