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The increasing use of blockchain technology will go hand in hand with growing advances in the commercial vehicle industry, especially through digitisation and automation. Key trends such as digital transformation, rise in automation, modern logistics systems, and proliferation of financial technology (fintech) influencing trucking are expected to d...

The Sensor Technology Opportunity Engine provides profiles of innovations related to high-speed Hall sensor technology enabling next-generation X-by-Wire motor control and precise position sensing; sustainable electromyography (EMG) sensor technology for enhanced neuromuscular monitoring and improved clinical efficiency; networked radar sensing pla...

This Frost Radar reveals the positioning of key companies in the Latin American cloud contact center as a service (CCaaS) industry using their Growth and Innovation scores as highlighted in the Frost Radar methodology. Frost & Sullivan analyzes numerous companies in an industry. Those selected for further analysis based on their leadership or oth...

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...

Artificial intelligence (AI) will hold as a key enabler in transforming the automotive industry. Currently, the automotive industry is focusing on integration of AI in self-driving cars, while other application areas include R&D, procurement, supply chain management, manufacturing, mobility services, and customer experience. Automotive manufacture...

This edition of the Oil and Gas (O&G) TOE features information about the use of machine learning to accurately detect fugitive gas emissions in upstream oil & gas sites. The TOE covers innovations in the Microbial-enhanced Oil Recovery (MEOR) methods, leading to increased oil productivity. The TOE highlights advancements in wastewater treatment met...

Digital transformation in the financial sector is accelerating, driven by technological advancements, evolving customer expectations, regulatory changes, and the need for greater efficiency and security.Artificial intelligence (AI) and machine learning (ML) are reshaping the sector by enabling predictive analytics, automation, and personalized expe...

This edition of the Life Science, Health & Wellness Technology Opportunity Engine (TOE) provides insights across recent innovations cross immunotherapies, precision medicine, cancer treatment, cell engineering, liquid biopsy and AI-enabled drug discovery and development. The TOE also highlights recent advances in implantables, ophthalmology, neurop...

Banking and financial services are entering a new phase of transformation as AI evolves from a supporting tool into an autonomous enterprise capability. This outlook examines six interconnected opportunities: agentic AI for autonomous operations, real-time AI auditing, regulatory intelligence and compliance orchestration, behavioral fraud analytics...