Author: Connected World
Gartner finds 79% of corporate strategists see AI and analytics as critical to their success in the next two years.
We have talked about the rise of EVs (electric vehicles). Now, let’s talk about the future of the electric ship market, where there are big opportunities. Less than 1% of global merchant fleet currently runs on alternative fuels, but that could potentially change in the future, according to one new report. IDTechEx says the electric ship market has historically been led by electric ferry orders, which make up 37% of the maritime battery capacity deliveries between 2019 and 2022. Geographically, we see Norway is a key area that has already seen much growth, with roughly 100 electric ferries in operation.…
ABI Research says automated storage and retrieval system revenues will surpass $15 billion in 2030, as supply chains aim to resolve exposed weaknesses.
Forrester says generative AI will begin to deliver significant return on investment for most enterprises in the next two to four years.
Connected World: The manufacturing industry reported the highest share of cyberattacks in 2022. Why do you believe this is happening? Zakarya Drias: The manufacturing industry has undergone a significant digital transformation, resulting in increased profitability, efficiency, and modernization, as well as the emergence of certain challenges. While the integration of new digital technologies into the production process has generated substantial benefits, it has also inadvertently exposed vulnerabilities that malicious actors can exploit. It’s essential to recognize that these vulnerabilities stem not solely from the adoption of technology, but also from the absence of cohesive processes and procedures that should accompany…
Berg Insight says IoT connectivity revenues surpassed 10 billion euros in 2022.
There will soon be a new category of travelers, it seems. Dubbed “Catastrophe Tourists,” they will venture far and near to check off their list of “soon to be gone” locations. Wildfires consuming the area? Check. Ocean property now under water? Check. City sinking? Check. Ghost towns? Check. Parroting the cliched “Bucket List” of things to do and places to see before you die, the new tourist is instead seeking places that are dying and, unfortunately, the list is growing. Climate change is the catch-all phrase for why cities and rural areas are experiencing repeated catastrophic weather, causing everything from…
Juniper Research says 33% of ecommerce spend to be cross-border by 2028 globally.
Gartner finds 81% of CIOs expect to grow their IT team in 2023.
Quantum technology offers many untapped opportunities that businesses are just beginning to realize. Consider the case of quantum sensors, which is forecast to reach $7.1 billion by 2044, according to IDTechEx. Quantum sensors can be used to measure time, magnetic field and current, gravity, angular motion, single-photons, and more. This could prove useful in applications such as electric and autonomous vehicles, brain scanners, quantum computers, underground mapping equipment, satellite, and consumer electronics, just to name a few. Here is how this can help in various vertical markets: Timing and inertial navigation. Remote current sensing. Quantum computing read-out. Looking to the…