The top 6 paradigms shaping the factory of the future—insights from 500 manufacturers
In short Amid record-high spending on factories, 6 paradigms currently define the factory of the future, according to the 52-page Accelerate Industrial Transformation: How Manufacturers Prepare Shop Floors for a Future with AI report, a Microsoft report with IoT...
Global cellular IoT connectivity market reached $15B in 2023, 5G set to drive further growth
In short Mobile operators worldwide earned a combined $15 billion from 3.6 billion cellular IoT connections in 2023, according to IoT Analytics’ Global Cellular IoT Connectivity Tracker & Forecast (updated June 2024) and IoT Mobile Operator Pricing & Market...
IoT market update: Enterprise IoT market size reached $269 billion in 2023, with growth deceleration in 2024
In short The enterprise IoT market size reached $269 billion in 2023, representing 15% growth year-over-year, according to the Global IoT Enterprise Spending dashboard (Q2/2024 update). Growth is expected to slow further to 12% in 2024 before re-accelerating in 2025....
What CEOs talked about in Q2 2024: AI, data centers, and up-and-coming LLMs
In short According to the latest “What CEOs talked about” report, three themes gained noticeable traction in Q2 2024: 1) AI, 2) data center, and 3) specific up-and-coming LLMs AI is inching closer to overtaking inflation as the leading topic in boardroom discussions....