The proliferation of portable smart devices and the increasing social media penetration have significantly resulted in the generation of large chunks of data over the recent past and the trend is expected to continue in the near future.
Geraldine Ferraro once said, that, “It was not so very long ago that people considered that semi-conductors were part-time orchestra leaders & microchips were very, very small snack foods”. It highlights the ingrained ignorance in the common man towards technology and how much we lose due to it. Surely, we’ve come a long way from that, however, it remains to be seen, how much we can leap forward by leveraging today’s tech-savvy world.
You must all be knowing, or at least have heard about the technology that has caught global attention, for quite some time too, and has totally serenaded the telecom giants in the U.S. and other major operators in various countries worldwide. The buzz around this word has got everyone in the technology sector excited beyond limits, to the extent that smartphone manufacturers have already jumped on to this bandwagon, through launch of related products.
Big data consists of ungrouped data; showcasing patterns, trends, & associations of consumers. This large ‘data’ volume, when successfully compiled, is valuable to a business‘s day-to-day operations.
3D cameras in smartphones are promising. They offer superior picture & video quality to consumers. Presently, smart phones are incorporated with 3D sensors. These sensors feel movements and facilitate smartphone cameras to catch accurate ‘surrounding & object’ dimensions.
In a recent survey, about two-thirds of all enterprises claimed most of their purchasing, marketing, and supply chain functions to be cloud-based. Over half of them predicted cloud computing to boost their top-line revenues within three years of adoption. In fact, most companies are foreseen to depend on cloud technology in the coming years.
There has been a steep rise in thefts, robberies, internet hackings, and security breaches across the globe. Biometric and facial recognition technologies were developed to combat the same & ease the burden of companies.
Strapping is nothing but the process of applying a strap to a product to stabilize, palletize and fasten it. It is widely used in the packaging industry to assure the customers with good packaging. Selection of machine is very crucial since if the goods are not strapped properly, then it can harm the packaged product while shipping. It is required in the packaging industry in order to maintain the security and closure of the shipped goods.
Over the top (OTT) devices and services have changed the way we consume content. So much so, that OTT streaming devices are now known to be the fourth most common in-home access point to the Internet, after desktops, smartphones, and tablets. Major media brands now have the benefit of using OTT services to target viewers at a person-level, going beyond household-level.
For the longest time, artificial intelligence (AI) was aconcept that existed merely in novels and movies and this fascinated users to no end. As the technology made a more mainstream entrance, the industrial sector was one of the first to benefit from its many features, including mitigating workload of laborers and lowering costs. Even then, the extent of AI’s impact had not been fully gauged.
The global automotive electronics industry is projected to witness a significant growth owing to technological advancements and increasing concern about safety and comfort. Emergency call systems, alcohol ignition interlocks, and accident data recorder systems are an example of technologies, which are expected to boost the vehicle growth. Moreover, an increase in standard of living and increase in disposable incomes is driving the demand for these systems. Increasing customer demand for multimedia enabled vehicles, safer and fuel-efficient vehicles enabling manufacturers to make their cars smart than ever before.
The escalating bearings demand across railway & aerospace applications offer significant avenues for market growth. The rise in the number of commuters using public transportation is expected to be a key market driver. Further, the availability of improved ways to assist local as well as worldwide transportation systems also provide opportunities for market growth.
3D imaging technology with its boundless possibilities in upcoming products is altering processes and methods across industries and enhancing lives. The technology's influence spans from mobile phone apps to effective surgeries to high-tech military and space imaging. Coupled with the rapid adoption is the commercialization of the technology with companies achieving cost effective developments and manufacturing of stereo devices.
The application of drone technology in business processes has been typically noticeable in countries having high-quality technical education and a long history of radio-controlled model airplane societies together with the supportive regulatory framework in the region. The aviation industry is witnessing increasing acceptance of drone solutions, owing to emerging opportunities in the industry due to similar knowledge requirement, risks, and functions.
The heating equipment market is observing constant growth in the U.S. owing to its essential usage in the industrial, commercial, and residential sector. The development of systems and solution that are energy efficient and can operate on renewable source is projected to augment demand for heating equipment in the U.S.
Connected enterprise utilizes Internet-of-Things (IoT) IoT to integrate Information Technology (IT) and physical processes. It is a unified integration of Operational Technology (OT) and IT, which employs smart processes that utilize the potential of data analytics to enhance the effectiveness of their operations.
The fat replacer market is projected to witness considerable growth across the world owing to its high demand in the food and beverage processing industry. Encouragement from health groups and government agencies have further catalyzed the awareness of nutritional and balanced diet.
The automotive aftermarket has witnessed significant advancements in the exhaust technology, safety technology, and other component fabrication technologies that enhance vehicular performance.
The automotive V2X market is in its nascent stageand offers immense scope for growth. The rising need for lesser traffic congestion, lower fuel wastage, and safer roads, has led to the need for an intelligent transportation system, where vehicles can continuously interact with each other and road-side infrastructure, facilitating the flow of reliable information about the present traffic conditions across the entire network.
Precision Agriculture is defined as an information and technology based farm management system to identify, analyze and manage variability within fields by doing all practices of crop production in right place at right time and in right way for optimum profitability, sustainability and protection of the land resource.
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