A new survey by global management consulting firm McKinsey & Company says robotics and automation systems will account for 25 percent of capital spending by industrial companies over the next five years, mostly for routine manual tasks in the logistics and fulfillment, retail and...
Eight percent of stock in the supply chain, between production and consumption, never even arrives – mostly because it either spoils in transit (4.3 percent) or is discarded as surplus (3.4 percent). This failure of stock preservation and demand forecasting (“overproduction”) in the supply...
The private 5G network will support advanced tools like autonomous robots, artificial intelligence and digital imaging
Vodafone has deployed a 5G private network at a Bayer greenhouse in Monheim, Germany to improve its research into insecticides. The network will support advanced tools like autonomous robots,...
Finnish private networking specialist Edzcom has been appointed by industrial machine manufacturer MGA Technologies to build a private 5G network at its new Industry 4.0 innovation lab near Lyon, in France. Edzcom called the installation the “first private 5G lab” in France – for...
Santa Clara IoT tracking company Roambee has acquired Switzerland-based cold chain monitoring outfit Modum, which specialises in the pharmaceutical market. Roambee said the deal will help it to “dominate the real-time cold chain visibility space”. The transaction fee was not disclosed.
The acquisition is Roambee’s...
Note, a version of this article appears in a new report on the asset tracking sector, called Asset Tracking – and the March Towards Massive IoT. The report can be downloaded here.
The race-to-the-bottom in the IoT market has taken another turn, and plunged downwards...