ABI Research Analysts share their thoughts and recommendations on how technology will play a key role in navigating this unique landscape NEW YORK, Sept. 13, 2022 /PRNewswire/ More than two years after the pandemic's start, the air of uncertainty persists. However, today it is the result of a confluence of several massively disruptive political, economic, and social headwinds-soaring interest rates, looming food and energy shortages, a devastating and needless war, and the changing nature of work, to name a few. According to global technology intelligence firmABI Research, underpinning it all is a supply chain still reeling and realigning from the depths of the pandemic. Taken together, business leaders today face an even more confounding climate than they did in 2020-and the fallout from these disparate headwinds will likely last for years. In its new whitepaper, 2022 State of Technology Report: The Future of Technology in a Tumultuous World, ABI Research analysts have compiled
RTLS vendors are starting to offset declining hardware sales with service models such as analytics and device management LONDON, Sept. 8, 2022 /PRNewswire/ Real-Time Location Systems (RTLS) are now an underutilized solution in most factories, warehouses, hospitals, smart offices, and other businesses. Today, boutique systems offered by solution providers leverage standalone deployments with proprietary hardware to help drive revenue. However, hardware costs will drop drastically as the industry moves away from proprietary systems to reduce vendor lock-in, increase interoperability, and reduce the initial costs of investments. As a result, much of the industry, including many traditional hardware vendors, is looking to diversify its portfolio and complement hardware sales by monetizing deployments through services models augmented by additional features such as analytics and device management. According to global technology intelligence firm ABI Research, RTLSservice revenue will be wo
Manufacturing Execution Systems (MES) might have been around for a while, but recent innovations put their evolutionary path at the intersection of Industry 4.0 and next-generation industrial automation LONDON, Sept. 7, 2022 /PRNewswire/ MES software is a significant product for manufacturers to bring their factories into the industry 4.0 space. According to analysis by global technology intelligence firm ABI Research, investment in MES software will reach US$5.4 billion in 2031 as manufacturers embrace new and innovative productivity-enhancing solutions. In particular, the research revealed a growing shift to cloud-based MES software alongside tactics and best practices for integrating and automating the use of production data with the help of modern architecture. "While some manufacturers remain hesitant to move to cloud-based MES software due to security concerns, the ease of deployment and maintenance, alongside cheaper and transparent costing, will continue to encourage man
A new ABI Research whitepaper explains how 5G-Advanced features and tools are ripe for enterprise deployment and innovation, and without it, 5G is doomed to fail NEW YORK, July 14, 2022 /PRNewswire/ By 2030, 75% of 5G base stations will be upgraded to 5G-Advanced, accounting for 76 million radios, 23 million macro basebands, and 13 million small cells - all in the consumer market. Adoption in the enterprise will be slower, with half (14 million) small cells upgraded to 5G Advanced by 2030. This dynamic is illustrative of both 5G's impressive evolution -and current frustrating shortcomings. In its new whitepaper, Is the Industry - and the World - Ready for 5G Advanced?, global intelligence firm ABI Research explores how 5G Advanced-the next evolution of 5G-can be the key to unlocking new capabilities and revenue streams. "It offers features and tools that are ripe for enterprise deployment and innovation, including high-precision 5G positioning, advanced Sidelink device-to-de
SINGAPORE, June 9, 2022 /PRNewswire/ In recent years, the industry has witnessed the migration of Machine Learning (ML) closer to the data source to create a better user experience and enhance privacy. To ease the challenges in design and development and accelerate adoption, many companies are offering development platforms, tools, libraries, and solutions for edge ML applications. As the adoption of these edge ML enablement platforms and solutions continue to grow, ABI Research, a global technology intelligence firm, is forecasting the edge ML enablement market to exceed US$5 billion by 2027. Edge ML brings a significant upgrade in user experience, privacy protection, and cost optimization for end users. In addition, popular applications such as image recognition, predictive maintenance, and speech processing augment human experts with data-driven insights. However, to create a production-ready, enterprise-grade, edge ML solution, enterprises need to invest in large amounts of skill