Author: Connected World
The services sector has been having a hard time finding labor ever since the disruption caused by the COVID-19 pandemic, and the subsequent Great Resignation—or as the U.S. Chamber of Commerce actually calls it: the Great Reshuffle. The leisure and hospitality industry has experienced the highest quit rates of all industries, with the accommodation and food services subsector of this industry experiencing a quit rate consistently around or above 4% since July 2022. Restaurants are short of servers and cooks. Assisted living facilities need nurses. Amusement parks need summer staff. The list goes on and on. Enter robots. As one…
#Factoftheweek 2.3 million workers. That is the number of lone workers using connected safety solutions in Europe, North America, and Australia and New Zealand in 2024. 2.3 million. Looking to the future, analyst firm Berg Insight forecasts how much the number of users is anticipated to grow in each sector through 2029. Europe: 1.2 million in 2024 to 1.7 million in 2029 North America: 580,000 in 2024 to 795,000 in 2029 Australia and New Zealand: 490,000 in 2024 to 700,000 in 2029 There are several reasons for this growth including the desire to drive greater safety, regulations, lower employee insurance…
Satellite offers many opportunities for greater connectivity in all walks of life. To help, Aristotle University of Thessaloniki and Astrolight, are collaborating to advance satellite connectivity. The partnership involves integrating Astrolight’s ATLAS-1 optical terminal into PeakSat, a CubeSat mission that must enable laser communication from low Earth orbit to ground stations in Greece. PeakSat aims to establish optical communication links between LEO satellites and ground stations and is scheduled for launch in the fourth quarter of 2025. Here we see a transition from traditional radio frequency-based communication to more advanced laser technology. In this case, the main objective is to consider…
#Factoftheweek 60% Nearly 60% of lab professionals reported significant downtime due to equipment failures, missed calibration schedules, and difficulty locating lab assets. Let’s dig into this further: 56% manually monitor equipment use 37% plan to increase spending on lab equipment 17% admit they lack the data to justify purchases 14% have no system in place Enter AI (artificial intelligence) and the IoT (Internet of Things). Technology can help us solve many of these challenges—if we embrace it. Although in this survey, from Censuswide and MachineQ, we see only 30% leverage realtime monitoring technology. How can we move to greater technology…
Like many industries, the healthcare industry is facing a shortage of skilled physicians, including a shortage of roughly 20,000 surgeons in the next 10 years. Enter AI (artificial intelligence)-powered surgical technology. Traditional surgical navigation systems often rely on static 2D imagery. Proprio Paradigm’s platform leverages AI to enhance precision, which ultimately means more data and insights to help address the critical global worker shortage gap. Here is how this can help in healthcare: Address unmet medical needs. Lead to better surgical decision making. Improve patient outcomes. New collaboration launched in Australia and New Zealand, but we can expect similar technologies…
#Factoftheweek 28 billion devices. The global numbers of IoT devices protected by cybersecurity solutions will rise: 14 billion in 2024 28 billion in 2028 All in all, the IoT cybersecurity market is expected to reach $51 billion by 2028—driven partly by small-to-medium businesses. The question now is how well will all these investments be at actually fending off all these bad actors? We know that these hackers are working overtime to hack our devices. Do you believe making these investments in cyber is working? What devices do you anticipate will be on the rise? How can we secure all of…
By 2030, one in six people in the world will be aged 60 years or over—many of whom will be aging in place or living at their own home. Technologies like robots and AI (artificial intelligence) can help enable people to live safely in their homes longer than before. Let’s consider a few examples. Research out of Chiba University Graduate School of Nursing suggests robots and AI (artificial intelligence) are both critical to caregiving—especially as a shortage of skilled workers continues to rise up. Here is how this can help: Age in the comfort of their own homes. Minimize strain…
#Factoftheweek 23 million people. Connected care solutions are on the rise. This includes telehealth and telecare solutions. Let’s consider the growth in Europe. 14.7 million people used connected care solutions at the end of 2024 23 million will use connected care solutions by 2028 This represents an 11.8% compound annual growth rate. The analyst firm Berg Insights suggests telecare is the largest and most mature segment of the connected care market and is entering a growth phase. Telehealth follows, and of course there is an overlap between telecare users and telehealth systems.+ Do you like telecare for such a surge?…
Could AI (artificial intelligence) reduce crashes and enhance transportation management? Possibly. Imagine this: technology predicts the movement and patterns of vehicles and adjusts traffic signals to reduce congestion. Of course, this is only one example. There are so many ways to use AI to help with transportation. Let’s explore a few. At the end of last year, a team of researchers at Virginia Tech wrote a report that explores the benefits and implementations of AI in departments of transportation at the state and local levels. AI can help in transportation in two essential ways: improve road safety/reduce accidents and enhance…
#Factoftheweek $30 billion Companies will spend more than $30 billion by 2027 on AI-related infrastructure, platforms, software, and services to support their ability to personalize the customer experience. Here are a few key areas they are targeting: Automated journey: Personalized engagements and automated sensing will help fast-path customers to transactional commerce. Search becoming a dialogue: Search and engage in dialogue with gen AI (artificial intelligence), building humanized digital AI as the primary customer interface. AI gig agencies: Traditional agencies will move to AI-enabled contractors. Marketing’s new hire, AI: Many marketing roles will be held by an AI worker, moving humans…