One of the greatest global challenges we face today is the need to decarbonize. Environmental regulations and standards, rising energy costs, and increasing stakeholder expectations for sustainable operations are placing pressure on companies globally to establish sustainability targets and curb emissions. In particular, the industrial sector contributed around 30% of global emissions in 2023 according to the World Economic Forum, due to its significant energy requirements for industrial processes. As global economic growth and population rises, there is a greater need for companies to do more with what they have as materials and resources become scarcer.
Industry 4.0 is being fully embraced by manufacturers worldwide as enterprises aim to automate production tasks and gain clearer visibility into operations. Although manufacturers have used digital technologies for years, connectivity and technological maturity have only recently reached a point where more sophisticated solutions can be implemented.
Quality control is one of the most consequential aspects of manufacturing. We’ve seen all too many times what kind of brand damage a product recall or negative reviews can inflict on a company’s public image. This is why Quality Management System (QMS) software is a must-have in the modern manufacturing plant. A QMS solution can accommodate all your quality assurance requirements, ranging from risk mitigation to safety compliance. The market for QMS software is expected to nearly triple between 2024 and 2034—reaching a US$13.11 billion valuation.
Batteries are often associated with being hazardous and harmful for the environment. While this is true, their mineral-richness should not be overlooked. When properly recycled, you can recover scarce materials like lithium, nickel, and cobalt from a battery. These minerals can then be reused for future battery manufacturing.
When you’re driving in a new area and get lost, what do you normally do to get back on the right path? Today, most drivers would take out their phones and use Apple Maps, Google Maps, or Waze. But before these navigation apps were around, people took a special interest in their surroundings and made a mental note of physical landmarks to make sense of where they were located. This is similar to how Simultaneous Localization and Mapping (SLAM) works for robots and other autonomous systems. As the name suggests, SLAM is a technology method that maps a new environment and localizes a robot within that map at the same time. SLAM software uses signs and markers (landmarks) on a Three-Dimensional (3D) map as reference points.
By the end of 2025, there will be 6,111 public data centers worldwide—5,544 colocation sites and 567 hyperscale sites. Asia-Pacific has the highest concentration of data center locations, with Europe and North America following. ABI Research anticipates 8,378 data centers will be in operation by 2030.
If you manage a supply chain of temperature-sensitive products, cold chain monitoring can help minimize spoilage/waste and boost customer satisfaction. Products like vaccines, biologics, fresh produce, frozen food, and dairy must be stored in cool temperatures throughout the entire supply chain, or they risk becoming unsellable. Every year, the biopharma industry loses about US$35 billion because of a failure to implement temperature-controlled logistics. Even worse, the lack of temperature monitoring greatly contributes to the US$1 trillion of food waste annually. Cold chain technologies like temperature sensors and software platforms can help you avoid spoilage and comply with safety regulations.
What Is IoT Remote Monitoring?
Internet of Things (IoT) remote monitoring provides real-time conditional and usage data about equipment, machines, and infrastructure. IoT sensors are placed on or in assets to make this possible, revealing various metrics. Remote monitoring of IoT assets is essential for organizations to improve efficiency, address problems before they exacerbate, and make informed decisions.
When an industrial asset has a functionality issue, a technical expert typically travels to the worksite to identify and solve the issue. However, assets like equipment and machines might be located in a potentially dangerous area, and the travel requirement leads to significant downtime. One effective alternative to on-site maintenance is using Augmented Reality (AR) and Virtual Reality (VR) remote assistance and support.
The eIDAS 2.0 regulation set a target for the upcoming European Union (EU) Digital Identity (EUDI) wallet to be available to 80% of EU citizens by 2030. While ABI Research doesn’t anticipate the European Commission’s target being met, there's significant momentum building for the borderless wallet. Since mid-2023, there have been a number of large-scale pilot projects across the continent testing the digital wallet in select EU countries. The wallet’s upcoming launch is a pivotal part of the EU’s digitalization ambitions, providing a digital version of physical ID documents. The primary goal of EUDI is to provide a consistent Electronic Identity (eID) wallet that unifies all personal documentation and simplifies life for EU citizens.
