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Using generative AI for IoT: 3 generative AIoT applications beyond ChatGPT
3 generative AIoT applications In short ChatGPT has sparked interest in generative AI applications in nearly every industry. According to new research from IoT Analytics, most generative AI applications are at a very early stage, with IoT-related use cases currently not in focus. Code generation...
Decoding Digital Twins: Exploring the 6 main applications and their benefits
Research findings from an analysis of 100 digital twin projects The 6 main Digital Twin applications In short The market for digital twins expanded by 71% between 2020 and 2022. 63% of manufacturers are currently developing a digital twin or have plans to develop a digital twin. The latest Digital...
Global IoT market size to grow 19% in 2023—IoT shows resilience despite economic downturn
In short Overall enterprise IoT spending grew 21.5% in 2022 to $201 billion. IoT Analytics lowered the growth outlook for 2023 to 18.5% (from 24% previously). Macro trends largely dominate the growth expectancy for an otherwise robust digital transformation phase for enterprises....
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