The industrial Internet of Things (IIoT), also called the industrial Internet or Industry 4.0, is a network of physical devices, sensors, and machines connected to the Internet for effective data communication. IIoT provides a leg up for industry by enhancing operational efficiency and productivity, and helping to control industrial operations. It can also offer powerful…
The use of advanced energy technologies, which are clean, energy efficient, and eco-friendly, are set to boost the energy industry in the United States. The market is set to surpass $350 billion by 2019, growing at a CAGR of 13.6% between 2015 and 2019. Advanced energy technologies facilitate sustainable, secure, and affordable energy use through the…
According to the International Data Corporation (IDC), the number of data centers globally will begin to decrease by 2017, but that’s not before the number of data center deployed worldwide peaks at 8.6 million. The power required to run these facilities is astronomical. In the US alone, data centers consumed an estimated 90 billion kWh…
Earlier this week, we explored some big trends in the biometrics sector. Now, Technavio is putting the spotlight on some of the big players in biometric technology. Vein recognition First up is the vein recognition biometrics market in the BFSI sector. Vein recognition biometrics is gaining prominence in BFSI sector in areas like logical access…
Researchers from the University of Cambridge and University of Zurich have recently announced that they created a robot that is able to learn, evolve, and improve its performance over time. While this might pique the interest of those looking to sound the alarm about Skynet, the ultimate goal is not to create a malevolent superintelligence. Rather,…
The connected health M2M market in the United States is expected to grow at a CAGR of 28.72% through 2019. The market was valued at $1.02 billion in 2014 and will triple to $3.6 billion by 2019 as patient security and healthcare resource tracking become major focus areas for hospitals, clinics, and other healthcare service providers…
Most renewable energy generation doesn’t exactly take place in the middle of urban areas—solar, wind and other renewables tend to be geographically widespread, and effective management of these plants is pretty dependent on remote control. Advanced control and communication systems like supervisory control and data acquisition (SCADA), intelligent electronic devices (IEDs), and plant…
This week, the FBI is dedicating a new Biometrics Technology Center at the agency’s Clarksburg campus. “The Biometrics Technology Center will be the center for research, development and testing in biometrics for the benefit of the entire U.S. government,” FBI spokesman Steve Fischer told Jim Davis at the Export Telegram. The new facility will seek to…
Gone are the days when the means of production and distribution of movies and creative videos were firmly in the hands of large and well-funded broadcast companies. Today, with the explosion of online video platforms, made possible by miniature HD video cameras embedded in handheld smartphones and cloud-based storage capable of housing large video files, the…
Virtualization is a popular word nowadays—more and more businesses are jumping on virtualization as a way to reduce infrastructure costs while achieving scalable, on-demand, platform-independent computing solutions. The global virtualization and cloud management software market was valued at $11.24 billion in 2014 and is expected to reach $22.42 billion by 2019, growing at a CAGR of…
