AI 2024 in review: The 10 most notable AI stories of the year
As we kick off 2025, the IoT Analytics research team has evaluated last year’s top AI stories. This article highlights 10 of the most impactful developments as well as some general observations and developments in the field of AI in 2024. Since 2015, IoT Analytics has...
What CEOs talked about in Q4 2024: Tariffs, reshoring, and agentic AI
In short According to the latest “What CEOs talked about” report, three themes gained noticeable traction in Q4 2024: 1) tariffs, 2) reshoring, and 3) agentic AI. Discussions regarding AI continued to decline; however, agentic AI significantly climbed in mentions....
Virtual PLCs: Can they become the industry norm by 2030?
In short Virtual PLCs represent a paradigm shift for industrial automation, completely decoupling control logic software from specific hardware. Audi is at the forefront of this paradigm shift, moving from many decentralized PLCs on the factory floor to centralized,...
The industrial software market landscape: 7 key statistics going into 2025
In short The global industrial software market reached $146 billion in 2023, according to IoT Analytics’ 132-page Industrial Software Landscape Report 2024–2030, and is forecasted to reach $355 billion by the end of the decade, growing at a CAGR of 13.5%. Cloud...