Tech that reduces data lag by is set to grow across region and bring benefits to industrial sector.
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Apr 28, 2020 • News • future of field service • research report • APAC • Edge Computing • GlobalData
Tech that reduces data lag by is set to grow across region and bring benefits to industrial sector.
A report from data and analytics company GlobalData says the Asia-Pacific (APAC) region is on the cusp of wide-spread edge computing adoption with industry verticals set to benefit.
Streamlining Service Management
It predicts several sectors in the region taking advantage of the technology including manufacturing, which it says could streamline its industrial processes, improve supply chain movements and even operate heavy equipment more autonomously by adopting the technology.
Driven by Japan and China it foresees APAC second only to North America in terms of the edge computing market, with the two nations together accounting for 61 per cent of its revenue stream. It says the market will grow at an annual compound rate of 21 per cent between 2019 and 2024, reaching a $5.8 billion value.
The rise of edge computing has increased exponentially with the surge in connected assets which require greater band-widths that in some cases, the cloud is unable to cope with, producing lag.
It operates by being geographically closer to a data gathering device where computation is carried out locally avoiding a central processing cloud-based location meaning latency issues can be negated.
Its influence is expected to reach beyond industry, working alongside society's rapidly evolving connected devices ecosystem, including the growth of smart cars and smart cities. As larger data volumes are produced then Edge Computing will be expected to produce swift and accurate processing. Shamim Kahn, Senior Technology Analyst at Global Data says Edge Computing has the capability to keep up with the increase. "Edge computing would be key in handling most of these challenges, as decentralised processing would allow for excellent reponse times and reduced latency," he explained.
Several big tech firms have, in recent weeks, stepped-up their development in the technology including Amazon Web Services who updated their 'Snow' family of edge computing; Microsoft announcing Azure Edge Zones; and Google revealing its Global Mobile Edge Cloud strategy.
Apr 03, 2020 • Fleet Technology • News • research report • Verizon Connect • fleet
Research from Verizon Connect shows some managers not utilising technology to offset basic tasks.
Research from Verizon Connect shows some managers not utilising technology to offset basic tasks.
A survey into the behaviour of UK fleet managers has found the majority spend time on admin preventing them from focusing on daily tasks.
Interviewed
The research commissioned by Verizon Connect and conducted by Opinium interviewed UK 201 fleet managers who operate fleets of between three and 250 vehicles.
It revealed that two fifths of those interviewed spend 14 hours a week on general administrative tasks including route and schedule planning, the monitoring of driver behaviour and daily vehicle inspections.
The study also showed that less than half (47%) use fleet management technology to automate such tasks which Verizon says is the equivalent of nearly two full working days.
Fuel costs were highlighted as a particular concern for managers as was the search to find reliable drivers.
Derek Bryan, VP EMEA at Verizon Connect acknowledged that time pressure plays a huge part in fleet managers' day-to-day but said the use of technology can help negate this. "We know time is critical for fleet managers and many are tasked with trying to juggle lots of different tasks at one," he said. The introduction of a few simple technology tools can really make their life easier and help improve business efficiency."
Jan 30, 2020 • News • future of field service • research report • facial recognition
Survey of 5000 reveals only 32% are happy about utilising facial recognition to pay for goods and services.
Survey of 5000 reveals only 32% are happy about utilising facial recognition to pay for goods and services.
Jan 28, 2020 • Management • News • research report • Global Mobile Broadband
Study of 206 countries reveals vast disparities between rich and poor countries.
Study of 206 countries reveals vast disparities between rich and poor countries.
Aug 15, 2019 • Management • News • cyber crime • research report • Cyber Security • report • F-secure
F-Secure’s research highlights the broad range of threats facing the global finance industry.
F-Secure’s research highlights the broad range of threats facing the global finance industry.
Jul 08, 2019 • News • 5G • future of field service • research report • Ericsson
Ericsson has released a new ConsumerLab report - 5G Consumer Potential - which busts industry myths surrounding the value of 5G for consumers and outlines the opportunities available for communications service providers.
Ericsson has released a new ConsumerLab report - 5G Consumer Potential - which busts industry myths surrounding the value of 5G for consumers and outlines the opportunities available for communications service providers.
Backed by solid research from one of the biggest ever consumer expectation studies, the report looks at the potential of 5G to benefit consumers, uncovering certain realities about them (“consumer realities”) to bust the following four common industry myths:
1. 5G offers consumers no short-term benefits.
2. There are no real use cases for 5G, nor is there a price premium on 5G.
3. Smartphones will be the “silver bullet” for 5G: the magical single solution to delivering fifth-generation services.
4. Current usage patterns can be used to predict future 5G demand.
The study brings some sense of reality to the ongoing debate in the ICT industry about whether there is an opportunity for a premium consumer offering based on 5G’s extra capabilities.
The key findings of the study include the fact that consumers expect 5G to provide relief from urban network congestion in the near term – especially in megacities, where six in 10 smartphone users report facing network issues in crowded areas. The respondents also anticipate more home broadband choices to be available with the launch of 5G.
The key findings of the study include the fact that consumers expect 5G to provide relief from urban network congestion in the near term – especially in megacities, where six in 10 smartphone users report facing network issues in crowded areas. The respondents also anticipate more home broadband choices to be available with the launch of 5G.
The report also dispels the ICT industry myth that consumers are unwilling to pay a premium on 5G. In fact, smartphone users state that they are willing to pay 20 percent more for fifth-generation services, and half of early adopters as much as 32 percent more. However, four in 10 of these high spenders expect new use cases and payment models as well as a secure 5G network in addition to a consistently high internet speed.
Another key finding is that current 4G usage patterns are not indicative of future usage behaviors. Video consumption is set to rise with 5G. Consumers expect to not only stream video in higher resolutions but also use immersive video formats such as Augmented reality (AR) and Virtual reality (VR), resulting in an additional three hours of video content being watched weekly on mobile devices by users in the 5G future when they are out and about, including one hour wearing AR glasses or VR headsets. The study also reveals that one in five smartphone users’ data usage could reach more than 200GB per month on a 5G device by 2025.
Another key finding is that current 4G usage patterns are not indicative of future usage behaviors. Video consumption is set to rise with 5G. Consumers expect to not only stream video in higher resolutions but also use immersive video formats such as Augmented reality (AR) and Virtual reality (VR), resulting in an additional three hours of video content being watched weekly on mobile devices by users in the 5G future when they are out and about, including one hour wearing AR glasses or VR headsets. The study also reveals that one in five smartphone users’ data usage could reach more than 200GB per month on a 5G device by 2025.
From these insights and more, Ericsson ConsumerLab has drawn up a consumer roadmap of use cases involving 31 different applications and services. The roadmap is divided into six use-case categories, namely: entertainment and media; enhanced mobile broadband; gaming and AR/VR applications; smart home and fixed wireless access; automotive and transportation; and shopping and immersive communications.
Jasmeet Singh Sethi, Head of ConsumerLab, Ericsson Research, says: “Through our research, we have busted four myths about consumers’ views on 5G and answered questions such as whether 5G features will require new types of devices, or whether smartphones will be the silver bullet for 5G. Consumers clearly state that they think smartphones are unlikely to be the sole solution for 5G.”
Jasmeet Singh Sethi, Head of ConsumerLab, Ericsson Research, says: “Through our research, we have busted four myths about consumers’ views on 5G and answered questions such as whether 5G features will require new types of devices, or whether smartphones will be the silver bullet for 5G. Consumers clearly state that they think smartphones are unlikely to be the sole solution for 5G.”
This latest Ericsson ConsumerLab study is based on 35,000 interviews with smartphone users aged 15 to 69, carried out in 22 different countries. The views of the participants are representative of almost 1 billion people. To gain a perspective on industry sentiment regarding the consumer value of 5G, a further 22 interviews were conducted with experts including academics as well as senior executives working for telecom operators, handset and chip manufacturers, start-ups and think tanks.
Jul 03, 2019 • News • future of field service • research report • Berg Insight • IoT • cellular
A new report estimates that the global number of cellular IoT subscribers increased by 70 percent during 2018 to reach 1.2 billion.
A new report estimates that the global number of cellular IoT subscribers increased by 70 percent during 2018 to reach 1.2 billion.
Growth was driven by exceptional adoption in China, which accounted for 63 percent of the global installed base. By 2023, Berg Insight's research now projects that there will be 9.0 billion IoT devices connected to cellular networks worldwide.
“China is deploying cellular IoT technology at a monumental scale”, said Tobias Ryberg, Principal Analyst and author of the report. “According to data from the Chinese mobile operators, the installed base in the country grew by 124 percent year-on-year to reach 767 million at the end of 2018. The country has now surpassed Europe and North America in terms of penetration rate with 54.7 IoT connections per 100 inhabitants.”
The Chinese government is actively driving adoption as a tool for achieving domestic and economic policy goals, at the same time as the private sector implements IoT technology to improve efficiency and drive innovation. Berg Insight believes that the role of the government is the main explanation for why China is ahead of the rest of the world in the adoption of IoT. Like other advanced economies, the country has widespread adoption of connected cars, fleet management, smart metering, asset monitoring and other traditional applications for cellular IoT. It has also given rise to new consumer services enabled by connectivity like bike sharing. The most distinctive characteristic of the Chinese IoT market is however the way that the government is systematically using new technology to implement its vision for urban life in the 21st century.
In the report, Berg Insight also analyses the IoT business KPIs released by mobile operators in different parts of the world and found significant regional differences. The monthly ARPU for cellular IoT connectivity services in China was only € 0.22, compared to € 0.70 in Europe. Global revenues from cellular IoT connectivity services increased by 19 percent in 2018 to reach € 6.7 billion. The ten largest players had a combined revenue share of around 80 percent.
Growth was driven by exceptional adoption in China, which accounted for 63 percent of the global installed base. By 2023, Berg Insight's research now projects that there will be 9.0 billion IoT devices connected to cellular networks worldwide.
“China is deploying cellular IoT technology at a monumental scale”, said Tobias Ryberg, Principal Analyst and author of the report. “According to data from the Chinese mobile operators, the installed base in the country grew by 124 percent year-on-year to reach 767 million at the end of 2018. The country has now surpassed Europe and North America in terms of penetration rate with 54.7 IoT connections per 100 inhabitants.”
The Chinese government is actively driving adoption as a tool for achieving domestic and economic policy goals, at the same time as the private sector implements IoT technology to improve efficiency and drive innovation. Berg Insight believes that the role of the government is the main explanation for why China is ahead of the rest of the world in the adoption of IoT. Like other advanced economies, the country has widespread adoption of connected cars, fleet management, smart metering, asset monitoring and other traditional applications for cellular IoT. It has also given rise to new consumer services enabled by connectivity like bike sharing. The most distinctive characteristic of the Chinese IoT market is however the way that the government is systematically using new technology to implement its vision for urban life in the 21st century.
In the report, Berg Insight also analyses the IoT business KPIs released by mobile operators in different parts of the world and found significant regional differences. The monthly ARPU for cellular IoT connectivity services in China was only € 0.22, compared to € 0.70 in Europe. Global revenues from cellular IoT connectivity services increased by 19 percent in 2018 to reach € 6.7 billion. The ten largest players had a combined revenue share of around 80 percent.
Jun 27, 2019 • News • ATOS • future of field service • Mobility • research report • supply chain • transport
The UK is on the cusp of a digital revolution in mobility which is forcing the creation of new business models, disrupting trends in personal mobility and reshaping global supply chains according to a report by Atos.
The UK is on the cusp of a digital revolution in mobility which is forcing the creation of new business models, disrupting trends in personal mobility and reshaping global supply chains according to a report by Atos.
The launch of Digital Vision for Mobility was marked with a keynote address by Atos UK & Ireland SVP for Strategy & Communications and former Transport Advisor to the Mayor of London, Kulveer Ranger, to an audience at University College London on 4 June.
Introducing the paper to illustrate the future of transport in London, the address to business management students underlined the profound transformation experienced across the mobility industry, underpinned and enabled by digital technology.
“Increasingly with population growth and denser metropolitan conurbations, we see the need to support the mass movement of people and goods with efficient, effective and integrated multi-modal public and personal transport systems,” said Kulveer Ranger. “Transport operators are beginning to rely heavily on data: harvested both from within their own networks and systems and from the personal mobile devices of individuals. To realise a vision of truly personal mobility, vast amounts of data will need to be aggregated. This will be a huge technological feat for innovative integrators and digital architects.”
The Atos Digital Vision for Mobility paper sets out how digital technology has transformed the UK’s transport sector and considers the role of AI, automation and blockchain in determining the mobility solutions of tomorrow for road and rail, broader public transport and logistics. Contributions from ITS-UK, Google, Siemens, KPMG, Worldline, TfL, MyTaxi and TechUK explain how data is being used as a driver for intelligent infrastructure and how developments like IoT can be strategically deployed to create more reliable services and more convenient access for transport users, including the rail network.
Commenting on the launch of the report, Adrian Gregory, Atos Senior Executive Vice President and CEO, UK & Ireland, said: “More change is now underway across the transport and logistics industry than at any time since the invention of the combustion engine. Vastly increased computing power and hyper-connectivity are helping to transform the operation and maintenance of vehicles and national infrastructure.”
Mark Ferrer, Operations Director – Digital Railway, Siemens Rail Automation UK, added: “Digital technologies are integral to the future of rail, enabling train operators and infrastructure owners to safely increase the capacity, reliability and efficiency of their networks and assets whilst increasing levels of passenger satisfaction. For operators and passengers, digital signalling and control systems together with advanced data and analytics are key to meeting intense demands while driving down costs – which can only be good for the UK’s economic future.”
The launch of Digital Vision for Mobility was marked with a keynote address by Atos UK & Ireland SVP for Strategy & Communications and former Transport Advisor to the Mayor of London, Kulveer Ranger, to an audience at University College London on 4 June.
Introducing the paper to illustrate the future of transport in London, the address to business management students underlined the profound transformation experienced across the mobility industry, underpinned and enabled by digital technology.
“Increasingly with population growth and denser metropolitan conurbations, we see the need to support the mass movement of people and goods with efficient, effective and integrated multi-modal public and personal transport systems,” said Kulveer Ranger. “Transport operators are beginning to rely heavily on data: harvested both from within their own networks and systems and from the personal mobile devices of individuals. To realise a vision of truly personal mobility, vast amounts of data will need to be aggregated. This will be a huge technological feat for innovative integrators and digital architects.”
The Atos Digital Vision for Mobility paper sets out how digital technology has transformed the UK’s transport sector and considers the role of AI, automation and blockchain in determining the mobility solutions of tomorrow for road and rail, broader public transport and logistics. Contributions from ITS-UK, Google, Siemens, KPMG, Worldline, TfL, MyTaxi and TechUK explain how data is being used as a driver for intelligent infrastructure and how developments like IoT can be strategically deployed to create more reliable services and more convenient access for transport users, including the rail network.
Commenting on the launch of the report, Adrian Gregory, Atos Senior Executive Vice President and CEO, UK & Ireland, said: “More change is now underway across the transport and logistics industry than at any time since the invention of the combustion engine. Vastly increased computing power and hyper-connectivity are helping to transform the operation and maintenance of vehicles and national infrastructure.”
Mark Ferrer, Operations Director – Digital Railway, Siemens Rail Automation UK, added: “Digital technologies are integral to the future of rail, enabling train operators and infrastructure owners to safely increase the capacity, reliability and efficiency of their networks and assets whilst increasing levels of passenger satisfaction. For operators and passengers, digital signalling and control systems together with advanced data and analytics are key to meeting intense demands while driving down costs – which can only be good for the UK’s economic future.”
May 08, 2019 • News • future of field service • research report • IoT
Global Revenue to Expand at 7.7% CAGR over 2018-2028.
Global Revenue to Expand at 7.7% CAGR over 2018-2028.
The enterprise asset management systems market is expected to be valued at US$ 4,863.1 Mn in 2028, and is expected to register a CAGR of 7.7% from 2018 to 2028, a new report shows.
Improved ROI with the aid of EAM solutions, widespread penetration of IoT and gradual increase in investment on software by organisations are expected to remain the major factors driving growth of the global enterprise asset management systems market, a report shows.
Enterprise asset management software is primarily used by the enterprises across different industry verticals which are heavily dependent on the complex and expensive physical assets, such as plants, heavy equipment, and vehicles. End users of the EAM primarily include industries such as oil & gas, manufacturing, energy & utility, mining, and others. Enterprise asset management software is offered with the deployment options such as on-premise and cloud based.
Enterprise asset management systems market is categorized on the basis of component, deployment, vertical and region. On the basis of component, the market is segmented as solution and services. The services segment is further bifurcated into consulting services and professional services. The services segment is expected to register a CAGR of 7.8% during the forecast period.
On the basis of deployment, the enterprise asset management systems market is segmented into on-premise and cloud. The revenue contribution from the clouds segment is expected to expand at a CAGR of 9.0% during the forecast period.
On the basis of vertical, enterprise asset management systems market is segmented as public sector, manufacturing, oil and gas, healthcare and pharmaceutical industry, energy and utility, transportation, wholesale and distribution, food and beverages, paper and packaging, chemical and process industry (including steel industry), mining and service industry. The revenue contribution from the manufacturing segment is expected to expand at a CAGR of 9.4% during the forecast period.
Among the regions, North America is projected to exhibit relatively high growth in the global market, registering a CAGR of 9.3% over the forecast period. The revenue from the markets in North America and Western Europe are expected to represent a combined share of 45.3% of the total market revenue by the end of forecast period. Some of the top companies identified across the Enterprise Asset Management Systems value chain are IBM Corporation, SAP SE, Oracle Corporation, ABB Ltd, IFS Ltd, Infor Inc., Ultimate Software Solutions BV, Carl International SA, Mainsaver Inc., Mex Pty Ltd and others.
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