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Technological and digital trends are transforming the oil and gas industry. Main players commonly choose operational technologies (OTs) to carry out the automation of their oil and gas processes; however, newer technologies, such as AI, IoT, and robotics are starting to gain more relevance in the industry. Oil and gas companies adopted automati...

Supply chain in any organization is literally its backbone. Cutting across a range of functions, it traverses across the life cycle of a product. Even a slight impediment can affect the entire value chain, run schedules off track, and significantly hamper productivity and efficiency. As companies struggle with visibility and transparency in the tra...

21 Dec 2021  |  Global  |  Market Research

Growth Opportunities for 5G in Process Industries

Integrated Digital Technologies and Internet of Things Connections Drive Smart Manufacturing Transformation

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Key Issues Addressed

The organizational and economic benefits of industrial digitization are increasingly clear and quantifiable. In addition, the falling prices of technologies such as machine learning, deep learning, edge computing, and big data analytics encourage transformation towards innovative business models where large amounts of interconnected devices are req...

As decarbonization strategies gather pace across industries, emissions management is emerging as a key growth opportunity. Frost & Sullivan has identified a complex and dynamic value chain and set of process steps where opportunities abound: Planning and advisory; measuring and monitoring; mitigation; removal; reporting; and offsetting. Digital pla...

In the post-pandemic global business ecosystem, all eyes remain trained on supply chains as operations inch toward a new normal characterized by transparency and business resilience. In this study, Frost & Sullivan discusses the top growth opportunities for the fast-evolving supply chain and logistics domain, particularly how technologies, inclu...

COVID-19 has put companies' contingency plans to a prolonged test regardless ot their size or industry, and changed the way they conduct business and prepare for the future. Agility was crucial: those that were not prepared to make quick changes or rapidly implement business continuity plans struggled to survive. The pandemic has brought into fous ...

As companies align their environmental, social, and governance (ESG) goals with the United Nations Sustainability Development Goals (SDG), they increasingly adopt the Internet of Things (IoT) and Big Data technologies to improve their performance. Integrating IoT with other digital technologies, such as blockchain, data analytics, artificial intell...

Across various industrial sectors, digitalization has rapidly developed, utilizing several existing and emerging digital technologies, including AI, Big Data analytics (BDA), IoT, machine learning (ML), natural language processing (NLP), robotics, and automation. While the chemicals industry was relatively slow to adopt these technologies, the tran...

GenAI refers to algorithms and machine learning models used to create content, including text, audio, images, video, and code. To be a component of the IoT, Frost & Sullivan considers any product, application, or service must be part of a larger solution that comprises these 4 elements: Objects virtualized and imbued with data measurement ca...