Displaying items by tag: Industrial Internet of Things (IIoT)

Digital transformation creates massive savings for businesses with a newly released study showing that digitisation of engineering processes can save businesses and organisations an average of 35% in capex costs and time optimisation – and commissioning costs of new systems and assets can be reduced by an average of 29%.

Published in Energy
Monday, 27 August 2018 11:05

Netcomm boosts revenue, profits for FY 2018

Listed networking solutions provider NetComm Wireless has turned around the business from a loss in 2017 to a profit of $8 million for the full-year 2018 on the back of a 69% revenue increase to $181.7 million.

Published in Listed Tech

The Industrial Internet of Things is set to make a sizeable contribution to the global economy, with a newly published report estimating IIoT companies will boost their revenues by an average US$154 million by 2023.

Published in Internet of Things
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