Search results for: 'software-as-a-service'

This edition of IT, Computing and Communications (ITCC) Technology Opportunity Engine (TOE) captures developments related to Software Development Kits (SDKs) for Quantum Computing Hardware, Business Management Solutions, AI-enabled Customer Service, Engagement, AI-powered Freight Management, Process Automation and Application testing. ITCC TOE’s mi...

18 May 2021  |  Global  |  Market Research

Industrial Internet of Things (IIoT) Drives Innovation in Digital Solutions for the Global Gear Pump Market

New Pump-as-a-Service Business Models Lead OEMs toward Transformational Growth

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This study analyzes the global gear pump market and its growth prospects in the short, medium, and long terms. The COVID-19 pandemic has created unforeseen circumstances for businesses around the world, affecting overall growth of the manufacturing sector. This research offers a growth outlook for the global gear pump market from 2021 to 2025. The...

From its conception in the 1950s to early 2023, artificial intelligence (AI) underwent a series of improvements, from machine learning (ML) to deep learning (DL), which enabled it to mimic human responses (conversational AI), identify images (computer vision), and generate digital text, images, audio, and video, among other content types (generativ...

09 Feb 2022  |  North America  |  Market Research

Global Motor Services Growth Opportunities

Future Growth Potential and Revenue Streams for OEMs Driven by Outcome-based Business Models that Focus on Efficiency

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This study identifies the most recent economic and technological trends in the global motor services industry and analyzes the short, medium, and long-term growth prospects. It examines how the shifting landscape and evolving end-user expectations are driving demand for smarter motor solutions that solve major obstacles end users confront. Today’s ...

12 Jun 2020  |  Global  |  Megatrends

2025 Vision: Future of Pumps in a Connected World

Innovative Business Models Centered Around Services are Expected to Unlock New Revenue Streams for the Pumps Industry

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Key Issues Addressed

This study forecasts the future of the pumps industry amidst the onset of a new wave of digitalization and the Industrial Internet of Things (IIoT). The changing market conditions influenced by demand-supply shock, oil price volatility, political tension, and shift in customer preferences are making pump manufacturers revisit their value propositio...

10 Sep 2019  |  Global  |  Market Research

Global Data Acquisition (DAQ) Market, Forecast to 2025

Software Solutions Enabling Central and On-premise Data Visibility and Insights Drive Growth

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The global data acquisition system market is witnessing a strong growth due to emerging use cases for IIoT and growing adoption of digital technologies in industry verticals. With the advent of sensors 2.0 and IIoT, there are higher volumes of data to be collected in field and manufacturing applications. Furthermore, increasing adoption of Ethernet...

The Asia-Pacific network security market witnessed a YoY growth of 14.7% in Q2 2019. This was much stronger than the 11.9% YoY in the previous second quarter. In Q2 2019, the healthcare sector was the fastest-growing vertical; it recorded a YoY growth of 26.7%. However, market size of the healthcare sector remained the smallest revenue contributor ...

The automotive industry is experiencing a significant transformation, transitioning from conventional to software-defined vehicles. As vehicles develop into intelligent, connected platforms driven by electrification, autonomous driving technologies, and digital services, traditional original equipment manufacturers (OEMs) are confronted with increa...

Lighting controls have transitioned from being simple devices that are used to control (turn on and turn off or dim) lighting appliances to being critical components of smart buildings. The advent of sensors and innovations in LED lighting has hastened developments within the lighting controls market. Apart from conventional benefits such as energy...