Industrial internet of things

Global Industrial Internet of Things Markets 2022-2027: Private Wireless Implementations to be a Major Driver for IIoT Adoption Within All Major Production-Oriented Industries

Retrieved on: 
Thursday, May 5, 2022

However, the USA has been in an industrial depression since the year 2000, due largely to offshoring significant portions of the industrial base to China.

Key Points: 
  • However, the USA has been in an industrial depression since the year 2000, due largely to offshoring significant portions of the industrial base to China.
  • Industrial Internet of Things (IIoT) solutions are poised to transform many industry verticals including healthcare, retail, automotive, and transport.
  • M2M communications for IIoT will become increasingly necessary for enterprise and industrial organizations that wish to fully leverage IoT technologies.
  • This convergence will have a profound effect on industrial processes as well as create opportunities for product and service transformation.

Nordic Capital Announces Strategic Investment in German IoT and Wearable Technology Disruptor ProGlove

Retrieved on: 
Wednesday, May 4, 2022

Nordic Capital will actively support ProGlove with its deep understanding of Industrial IoT, its strong network and significant experience from SaaS business models.

Key Points: 
  • Nordic Capital will actively support ProGlove with its deep understanding of Industrial IoT, its strong network and significant experience from SaaS business models.
  • The acquisition by Nordic Capital undoubtedly proves the strength of ProGlove and the tremendous opportunities that lie ahead, says Thomas Kirchner, co-founder of ProGlove.
  • The investment in ProGlove will be made by Nordic Capital X. ProGloves founders and management will remain as minority owners.
  • For further information about Nordic Capital, please visit www.nordiccapital.com
    Nordic Capital refers to, depending on the context, any, or all, Nordic Capital branded entities, vehicles, structures and associated entities.

60+ Exhibitors to Showcase Transformational Technologies at Smart Manufacturing Experience 2022 in Pittsburgh June 7-9

Retrieved on: 
Wednesday, May 4, 2022

SOUTHFIELD, Mich., May 4, 2022 /PRNewswire/ -- Over 60 leading manufacturing companies will converge on Pittsburgh next month to spotlight the latest transformative technologies at Smart Manufacturing Experience 2022 .

Key Points: 
  • SOUTHFIELD, Mich., May 4, 2022 /PRNewswire/ -- Over 60 leading manufacturing companies will converge on Pittsburgh next month to spotlight the latest transformative technologies at Smart Manufacturing Experience 2022 .
  • "At Smart Manufacturing Experience you'll see how companies are already making smart changes, training their workforces and enjoying greater ROI as a result.
  • Manufacturing USA Through 16 manufacturing innovation institutes, spearheads major industry-relevant R&D projects, workforce training on advanced manufacturing skills (Booth #215).
  • Follow Smart Manufacturing Experience by visiting the Smart Manufacturing Experience website .

Zuul Announces Inclusion in Distech Controls’ Digital Partner Program

Retrieved on: 
Wednesday, May 4, 2022

Zuul Inc. , an Industrial IoT (IIoT) cybersecurity provider for critical infrastructure and smart cities, today announced their inclusion in Distech Controls Digital Partner Program.

Key Points: 
  • Zuul Inc. , an Industrial IoT (IIoT) cybersecurity provider for critical infrastructure and smart cities, today announced their inclusion in Distech Controls Digital Partner Program.
  • The program connects Distech Controls System Integrators (SI) with select partners to provide the most comprehensive portfolio of solutions for their clients' smart building projects.
  • I am thrilled that Zuul is one of the newest members of our digital partner program.
  • These functions connected with Distech Controls Digital Partner Program will provide an opportunity to further secure building automation and control systems.

Valmet to supply a major delivery to Eren Paper's Shotton Mill in the UK including OCC, stock preparation and container board lines

Retrieved on: 
Wednesday, May 4, 2022

"Shotton's new container board machine will make our paper mill the largest and most technologically advanced paper mill in the UK.

Key Points: 
  • "Shotton's new container board machine will make our paper mill the largest and most technologically advanced paper mill in the UK.
  • We chose a board making line with high performance, high speed, and higher production rates", says Hamdullah Eren, Chairman of Board, Eren Paper/Modern Karton.
  • "Our technical highlights together with the speed and production potential of the container board machine were definitely the decisive factors to Eren Paper.
  • Valmet's delivery will include a new OCC line with reject handling, stock preparation , and approach flow system , and a high-speed container board machine .

Nordic Capital announces strategic investment in German IoT and wearable technology disruptor ProGlove

Retrieved on: 
Wednesday, May 4, 2022

Nordic Capital will actively support ProGlove with its deep understanding of Industrial IoT, its strong network and significant experience from SaaS business models.

Key Points: 
  • Nordic Capital will actively support ProGlove with its deep understanding of Industrial IoT, its strong network and significant experience from SaaS business models.
  • The acquisition by Nordic Capital undoubtedly proves the strength of ProGlove and the tremendous opportunities that lie ahead," says Thomas Kirchner, co-founder of ProGlove.
  • "ProGlove is a very exciting company and a perfect first investment in the Industrial & Business Services sector for Nordic Capital in the German speaking part of Europe, broadening the sector footprint.
  • The investment in ProGlove will be made by Nordic Capital X. ProGlove's founders and management will remain as minority owners.The transaction is subject to customary regulatory approvals.

MachineDoctor™ honoured as the 'Product of the Year' by Plant Engineering

Retrieved on: 
Tuesday, May 3, 2022

This recognition is awarded to the product that receives the most votes among all products within the program category.

Key Points: 
  • This recognition is awarded to the product that receives the most votes among all products within the program category.
  • The Nanoprecise solution was the winner of the Gold Award, a recognition that bolsters the long-standing commitment of Nanoprecise toward its customers.
  • The MachineDoctor also helps improve the safety of the operators, by sending real-time data and predicting issues before they arise.
  • "We are honoured and gratified to be the recipients of this esteemed award that is recognized throughout the industry.

OMAC launches data governance initiative to create guidelines for segmenting, sharing, and securing industrial data

Retrieved on: 
Tuesday, May 3, 2022

OMAC's latest initiative, led by ei3's Mark Fondl, aims to establish a framework and guidelines to protect precious proprietary information while enabling secure data sharing for efficiently solving problems, mining insights, and capturing the highest value from data-supported capabilities.

Key Points: 
  • OMAC's latest initiative, led by ei3's Mark Fondl, aims to establish a framework and guidelines to protect precious proprietary information while enabling secure data sharing for efficiently solving problems, mining insights, and capturing the highest value from data-supported capabilities.
  • The workgroup will elaborate on the following topics to help organizations boost employee collaboration and productivity and support continuous innovation through practical data-sharing approaches.
  • The workgroup will meet virtually, with the kick-off meeting being planned for May 18, 2022.
  • OMAC brings together leading End-User Manufacturers, OEM Machine Builders, System Integrators, Technology Providers, and Non-Profit/Government Agency organizations to address issues that confront global manufacturing today.

Vision 2025: Future of Electric Motors in a Connected World - Transformational Growth of New Business Models due to Digital-based Services will Generate Revenue

Retrieved on: 
Tuesday, May 3, 2022

DUBLIN, May 3, 2022 /PRNewswire/ --The "Vision 2025: Future of Electric Motors in a Connected World" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, May 3, 2022 /PRNewswire/ --The "Vision 2025: Future of Electric Motors in a Connected World" report has been added to ResearchAndMarkets.com's offering.
  • The advent of digitalization and IIoT resulted in motor OEMs achieving business excellence by moving from product-based to solution-based offerings.
  • In addition to the digitalization trend, the motors market will be driven by energy-efficiency norms and demand from hybrid and discrete industries, especially electric vehicles.
  • This study also provides the estimated potential size and call to action for each of the identified growth opportunities for the motors market.

Global 5G Expansion Hits Engineering Services Market, Poised for Multi-Year Boom--Everest Group

Retrieved on: 
Tuesday, May 3, 2022

DALLAS, May 3, 2022 /PRNewswire-PRWeb/ -- Both telecom companies and other enterprises are gearing up for 5G, which is driving a growth boom in the 5G engineering services industry as well, according to Everest Group. Investment in 5G engineering, a nascent and fast-growing market, reached US$12.0 to 12.2 billion in 2021, with 80% of overall spend allocated in house and 20% outsourced. Engineering services spend is expected to show a 30% annual growth rate for the next four to five years, with the outsourcing growth rate stabilizing at approximately 45% by 2022.

Key Points: 
  • DALLAS, May 3, 2022 /PRNewswire-PRWeb/ -- Both telecom companies and other enterprises are gearing up for 5G, which is driving a growth boom in the 5G engineering services industry as well, according to Everest Group.
  • This report assesses the global 5G engineering services market and the trends that are emerging as a result of the increasing number of use cases.
  • "Telecommunications companies and other enterprises recognize the potential of 5G, and 5G has already become the fastest growing market segment within the global engineering services market," said Akshat Vaid, vice president and lead of Engineering Services research and advisory at Everest Group.
  • Everest Group is a research firm focused on strategic IT, business services, engineering services, and sourcing.