article thumbnail

Applications and innovations in the Internet of Things (IoT)

hackerearth

The Internet of Things (IoT) is a system of interrelated devices that have unique identifiers and can autonomously transfer data over a network. Industrial IoT. Uber and Alphabet’s Waymo are in competition to develop their own fleet of self-driving cars. Smart Home. ” 6.

article thumbnail

Why Mission-Critical Industries Need Custom Industrial Data Platforms

Acuvate

Every significant industrial advancement in human history was propelled by a catalyst that unlocked new productivity levels. In the early 19th Century, the steam engine began the first industrial revolution. In the years since, modern power sources and the arrival of computers added further gains to human industrial output.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Industry 4.0

eZassi

Improving Industry 4.0 With Innovation Management In today’s rapidly evolving business landscape, staying ahead of the competition requires embracing Industry 4.0 What is Industry 4.0 Industry 4.0 Industry 4.0 Industry 4.0 Industry 4.0 Additive Manufacturing: New methods for Industry 4.0

article thumbnail

The Packaging Industry is Massive, and It’s About to Be Disrupted

Leapfrogging

This article is one in a series I’m calling Everything Transformed that highlights the various technologies disrupting just about every industry on the planet – and today’s focus is packaging. That’s not surprising given the packaging and packaging materials industry is expected to exceed $1.3 Re-Packaging the Packaging Industry.

article thumbnail

Industry 4.0: how to gain more efficiency in this transformation

mjvinnovation

We are heading towards the “4th Industrial Revolution” We were already on that path before Covid-19. Industry 4.0 Remember: companies that manage to turn the key will feel less the impacts of all the transformations that we are experiencing and adapt quickly to the new reality, generating very prominent competitive forces.

article thumbnail

Digital transformation in the insurance industry: innovation revolutionizes business model

mjvinnovation

In order to meet new demands and be updated in a competitive market, companies are increasingly investing in digital solutions, with mobile devices, Internet of Things, Telemetry, among others. “The crisis has cooled down the pace of industry growth, but not its enthusiasm for innovation. For insured.

article thumbnail

4 Ecosystem Strategies for Digitalization: Insights from the Swedish Mining Industry

InnovationManagement

In this case study, we look at an equipment supplier wanting to participate in digitalization initiatives of its industrial customers, so it must configure an ecosystem strategy to align with multiple partners.