The amount of companies with more than 50,000 connected devices active has doubled in the past 12 months, according to a new worldwide survey by Vodafone.
More than 40% of manufacturing managers believe that Internet of Things technologies are critical to drive business growth, but admit a lack of digital culture is preventing progress.
European industrial conglomerates Siemens and Alstom have agreed this week to unite their rail manufacturing divisions.
The top five markets for the supply of industrial robots have been revealed, accounting for 74% of total supply.
Global power and autorotation company, ABB, has announced the acquisition of GE’s global electrification solutions business in a deal designed to expand its access to the North America market.
The UK Government has entered into an ongoing trade dispute between Bombardier and Boeing over the manufacturing of new C-Series jets.
British design and manufacturer of household appliances, Dyson, has announced an investment of £2bn to develop its own ‘radical’ electric cars.
The Australian Government has this week announced plans to establish its own space agency, making up for a long-running industry deficiency.
US-based aerospace and defense manufacturer Northrop Grumman last week announced plans for a multi-billion dollar acquisition of Orbital ATK.
Australia's Swinburne University of Technology has received a record $135m industrial software grant from engineering giant Siemens to help digitalize its Factory of the Future as it moves into the Fourth Industrial Revolution (Industry 4.0).