Up to this point, urban planners have mostly used digital twins for operations, management, and maintenance of assets and services. But increasingly, urban planning has gone beyond these digital twin use cases and involves design and planning for now and the future (sustainability). For example, recent survey findings from U.S.-based IT firm Altair showed that digital twins help 92% of organizations with their sustainability goals.
It’s hard to think of sustainability without renewable energy popping into your head. With the United Nations (UN) calling for global renewable energy investments to triple annually by 2030, hydropower will undoubtedly play an immense role in the future of green energy. While solar and wind are commonly brought up in discussion, they need some serious support because they are fluctuating energy sources that often can’t keep up with demand. From the Internet of Things (IoT) sensors to analytics tracking, there are plenty of tech vendors available to meet your organization’s needs when it comes to producing hydropower. To gear up for the digital transformation of green energy, let’s take a look at five vendors that can help you improve the efficiency of your Hydropower Plant (HPP).
We all dread having to find an empty parking space and perfecting vehicle maneuvers to avoid accidents. It brings great anxiety and cuts into the limited amount of time we have in a day. Fortunately, automatic parking, one of the most novel technology trends, can relieve a driver of these concerns. Cars with park assists have come a long way, from basic parking assist features to fully automated valet parking (AVP). Indeed, a self-parking car makes peoples’ lives much easier and is more convenient. These solutions even open the market for cars that can parallel park themselves.
5G is leaps and bounds ahead of previous network cellular generations, enabling Communication Service Providers (CSPs) to offer brand new types of services, applications, and use cases to consumers and enterprises. Network slicing is one such offering that is expected to define the 5G era. By 2028, ABI Research anticipates roughly US$12.6 billion in 5G slicing revenue and growth at a striking 109% Compound Annual Growth Rate (CAGR) between 2022 and the end of the forecast period.
With the buildup of the metaverse, every company in the video games space should be aware of current and future demand in several domains. Due to the COVID-19 lockdowns, the gaming market was taken up to a new notch as demand exploded. For many people who had stopped playing video games or never played them before, the lockdowns gave rise to a hobby that they otherwise would have ignored, even after lockdown restrictions have been lifted. For people who were already avid gamers, their appetite for new content only grew.
In the age of Industry 4.0 and digital transformation, the need for effective security solutions in industrial environments is made more apparent. As a result, cybersecurity spending for critical infrastructure will reach roughly US$126 billion by the end of the year, with Information Technology (IT) being the leading use case. While critical infrastructure—defense, energy, health, transport, etc.—has been the main adopter of industrial cybersecurity solutions, more sectors will begin to invest in security in an ever-connected world. There are seven areas of focus when it comes to solutions:
As cities account for the majority of carbon emissions on our planet, sustainability efforts should start here. And what better way to see green initiatives, projects, and investment programs in action than to check out seven real-world examples of the most sustainable cities in the world?
As pointed out in our recent blog post, decarbonizing urban transportation is crucial in creating and maintaining a sustainable city. Many metropolitan areas have come a long way in Electric Vehicle (EV) adoption, but the work toward sustainable mobility does not end there. Indeed, officials and operators should also consider the usefulness of micromobility, smart parking applications, and urban traffic management for the future of transportation.
By 2027, the smart home hardware market will be a US$18 billion opportunity in Asia-Pacific, an industry that has historically been dominated by the North American market and its vendors. However, that trend is over and vendors will increasingly have to adapt their smart home strategies and products in response to the impact of developing Chinese and Asia-Pacific smart home markets.
More than 70% of global carbon emissions come from cities, making metro regions the starting point for decarbonization efforts. To tackle climate change, city planners must pay close attention to the characteristics of the energy grid, building infrastructure, transportation, and waste management. In this post, we walk you through how to make a city more sustainable through these four key areas.