Search results for: 'value based procurement'

The Internet of Things (IoT) is a complex ecosystem that integrates Information Technology (IT) with Operational Technology (OT) to generate data that can be analysed to increase revenues and improve business productivity. The IoT has moved from the machine-to-machine (M2M) era in which monitoring an asset was the main objective to sensing, gatheri...

This analysis will evaluate the global commercial aircraft fleet and aftermarket opportunities in 2018. The commercial aerospace aftermarket is growing in line with the global commercial aircraft fleet. The aftermarket can be divided into line maintenance, heavy check maintenance, and engine overhaul. The market segmentation is based on multiple c...

Manufacturing companies are constantly looking for new ways to streamline their operations, increase the productivity and profitability of operations. They now seek to optimize one of their own most valuable assets—data. New data grows exponentially because of the increase in the level of networking and connectivity among people and machines/device...

Increasing security incidents, globally, have resulted in the need for generating unique individual identities, which can be verified through software platforms, thus increasing the efficiency and efficacy of identity verification processes. The challenges in managing identities in the modern world through conventional methods such as ID cards and ...

This study examines wireless carrier strategies in today’s North American mobile workforce apps market. The information contained in this study allows wireless carriers to benchmark their mobile worker app efforts against those of their peers. This study should also help mobile workforce app developers identify potential reseller partners. Frost &...

02 Mar 2020  |  Global  |  Market Research

Convergence of AI and IoT—Market Opportunities and Challenges, 2019

Transformative Impact of Artificial Intelligence and Internet of Things will Enable New Levels of Prediction and Automation in IIoT Environments

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The convergence of Internet of Things (IoT) and artificial intelligence (AI) has the potential to drive new revenues for vendors and adopters. Improved efficiency and cost optimization of organizational processes are core advantages that are made possible through the application of such solutions. IoT-AI convergence can deliver new advantages in t...

Over the past decades, aircraft manufacturers have moved from controlling a big part of the building process to outsourcing the manufacturing of structural parts, engines, avionics, and other components and systems to other companies with operations all over the world. As commercial aircraft orders continue to increase, the supply chain is being pu...

Climate change remains a top concern for governments and industries around the world. Increasing levels of carbon emissions have created an urgent need for control measures including vehicle electrification. Two-wheelers are a commonly used mode of transport in Asia considering their maneuverability through traffic and cost efficiency in terms ...

In 2021, the electric vehicle (EV) penetration rate in North America was low, at less than 4%, but several geopolitical factors are sending the trend on an upwards trajectory. For example, a ban on Russian oil by the United States and Canada after the start of the Russo-Ukrainian War has caused oil prices to soar in many places. As a result, the vo...