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05 Feb 2024  |  Global  |  Market Research
Generative Artificial Intelligence (GenAI) Applied for Internet of Things (IoT): Growth Opportunities
Integration Enables Efficiency and Problem-solving in Existing Processes and Revenue Generation from Emerging Opportunities
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...
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07 Dec 2023  |  Global  |  Market Research
Internet of Things (IoT) in Commercial Aviation
IoT and Big Data Analytics Form the Core of the Technology Strategies of Aviation Stakeholders
The development and implementation of next-generation technologies, rapid advances in consumer technology, increasing shift to cloud computing, and utilization of IoT, big data, and machine learning to collect and analyze large amounts of data are transforming industry processes. The digitalization of various processes in commercial aviation has sc...
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25 Apr 2023  |  Global  |  Market Research
Global Mechanical Recycling of Plastic Packaging Waste
AI-based and Robotic Sorting with Innovative Business Platforms Integrate Stakeholders to Enable Collaboration, Transparency, and Material Circularity
The circular economy approach involves initiatives across material and product life cycles, supporting sustainable resource consumption and waste prevention by assimilating high-tech solutions. The global resource management sector is transitioning toward greater digital technology adoption using disruptive smart technologies and platform-based sol...
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18 Sep 2020  |  Global  |  Market Research
Value-added Services Backed by Industry 4.0 to Propel the Global Oil & Gas Refinery MRO Services Market, 2020–2024
Leveraging Cloud, Big Data and Analytics will Improve Accessibility for Customers and Enable MRO Service Providers to Generate New Revenue Streams
Maintenance, repair and overhaul (MRO) services catering to the oil & gas refinery market will be adversely impacted by the Coronavirus 2019 (COVID-19) induced economics slump, alongside the oversupply of oil and lack of storage capacities 2016 to 2024 (the study period of this research). This market is currently (2019) valued at $15.40 billion and...
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20 Dec 2019  |  Global  |  Megatrends
The Future of Facility Management (FM), Forecast to 2025
A New Era of Service Integration, User Experience, Business Productivity, Smart Technology, and Internationalisation
The global Facility Management (FM) market is going through a major transformation, driven by technology innovation, new business models, emerging value propositions, competitive disruption, and creative new service offerings. In many parts of the world, FM services are commoditising and there is a need for innovation and new value propositions if ...
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25 Feb 2020  |  Global  |  Market Research
Drones in the Global Power and Utilities Industry, Forecast to 2030
Technological Advancements in AI, Nanotechnology and IOT will Drive the Adoption of Drones in the Power and Utilities Industry
Drones or unmanned aerial vehicles (UAVs) are currently finding application opportunities across various commercial businesses and are poised to impact multiple industry verticals in various capacities. Drone applications are emerging in various sectors such as agriculture, mining, oil and gas (O&G), construction, utilities and environmental conser...
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24 Dec 2021  |  Global  |  Market Research
When Blockchain and IoT Work Together: Reappraising the Promises and Pitfalls
Understanding the Convergence and Moving Past the Hype to See Real Value and Growth Opportunities
This study serves to explain how Blockchain and IoT can work together, what each technology is, how it works, how they integrate together, and example use cases. • Blockchain and IoT represent two collections of technologies with tremendous potential to improve and optimize businesses operations and daily life, but despite the heralding of a new ...
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19 Sep 2019  |  Global  |  Market Research
Data Monetization in the Power and Utilities Industry, Forecast to 2030
Post 2020, the 5th Wave of Computing Caused by the Convergence of AI, Big Data, 5G and IoT will Enable Effective Monetization of Data
In today’s data-driven economy, data is a strategic asset to any business, and organizations around the world are occupied with anomalous amounts of data. Frost & Sullivan expects that the volume of data created would reach 175 Zettabytes (ZB) by 2025. Driven by this explosive growth in data and technological advancements in Big Data and computing,...
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23 Aug 2022  |  Global  |  Market Research
Regional Multi Access Edge Computing Case Studies in Main Verticals
Strategic Partnerships with Cloud Providers and Solution Integrators Boost Rapid Growth of Public and Private MEC Implementations
Multi-Access Edge Computing (MEC) solutions are gaining traction globally for their ability to deliver ultra-low latency, high bandwidth, real-time data processing, and data analytics, which are key to supporting latency-sensitive applications. Businesses today demand 5G MEC to improve productivity, innovate new offerings, and accelerate digital tr...
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26 Jun 2020  |  Global  |  Market Outlook
Mitigating the Next Coronavirus
How Implementing IoT and Edge Computing Can Help Create an Early Warning System
COVID-19 has crippled the global supply chain and forced most countries to take preventative measures by closing down their economies. While the pandemic has shown no signs of slowing down globally, cities, states, and countries are slowly emerging from lock downs and are stumbling into the new reality. Global economies are currently in a recession...
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