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.
Optimizing the Internet of Things (IoT) hardware development process is integral to making your vision for a product a reality. An efficient development process leads to quicker Time to Market (TTM) and more realistic product design prototypes to test. Due to the introduction of newer connectivity technologies in recent years, IoT solution developers have felt the pressure to make several adjustments in their development processes. This is a rapidly evolving technology space, with different suppliers, components, and elements involved. It’s worth discussing the following trends in IoT development:
If you couldn’t make the trip to Barcelona to attend Mobile World Congress (MWC) 2023 or you didn’t get your hands on virtual passes, don’t fret. Several ABI Research directors and analysts attended MWC 2023 and shared their thoughts in an insightful whitepaper. In this post, we give you a taste of those findings by sharing seven interesting quotes from our attendees. These findings should help you conceptualize the prevailing themes that swirled around the showroom floor at Fira Gran Via this year.
In the technology space, it’s vital that your organization stay on top of prevailing trends in your respective industry. This extends to keeping tabs on the competition or, if you’re seeking a solution provider, weighing your options. That’s why ABI Research released its 40 Technology Companies To Watch In 2023 whitepaper to better understand which tech firms are winning in terms of innovation and implementation of their technology products/software.
Intel and MediaTek this week announced a major new foundry partnership, in which MediaTek will manufacture chips targeting Internet of Things (IoT) and edge applications using Intel Foundry Services’ (IFS) advanced process technologies. This new strategic partnership is not only a significant win for both parties but will also have profound impacts on the global chipset supply chain and U.S. chipset ecosystem, significantly helping these industries in their efforts to delocalize manufacturing processes away from Asian (Chinese) dominance and closer to American Original Equipment Manufacturers (OEMs).
The modern manufacturer has a plethora of advanced technology options to choose from. For example, mobile robots can streamline assembly line processes and simulation software can shape the product or process design. Whether it’s pressure from the competition, workplace safety, government regulation, or something else entirely, manufacturers have been and will continue to be one of the most significant market opportunities for technology vendors.