The global Internet of Things (IoT) in logistics market is projected to reach US$63,728.6m by 2026 driven by exponential rise in IoT applications in logistics.
UK manufacturing continues to face significant change in automation and digitalisation, attitudes towards its emissions output and preparing its workforce for the future, while being beset by ever-shifting political challenges as the UK prepares to the the European Union.
Smart factories could boost the global economy by at least $1.5tn over the next five years, so long as manufacturers can adopt the technologies necessary for the transformation.
Scam emails cost people around the world billions of dollars each year. In Australia alone, in 2018, it is estimated that scammers took their victims for over AUD$500m (US$350m, £280m). And it isn't just individuals that are falling prey. Businesses are increasingly being targeted with fake invoices, phone messages and other malicious emails.
Technology may sit at the heart of Digital Transformation, but market leaders also see it as an opportunity to drive positive cultural change and improve employee engagement.
Modern manufacturers (and Formula 1 race teams) need real-time insights right where the action is. But how do you gain data-centre level compute power without the time involved with sending information to be analysed and the results returned?
Siemens UK has been in the vanguard of industry’s drive for a meaningful governmental
industrial strategy and the adoption of digital technologies in manufacturing.
Nick Peters visited the Siemens factory in Congleton, Cheshire, to discover
just how well Siemens is managing its own digital revolution.
Industry commentators believe that, over time, every machine on every factory floor will have its own digital twin. Some have even been so brazen as to suggest that at least half of large industrial companies will adopt this self-learning technology by 2021.
