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One of the themes throughout the digital conference was the continued focus on sustainable transformation and how IoT is a foundational technology " from brownfield applications to the digitalization of Africa and the global future of enterprises.
Semiconductor activity contributed to a strong year for IoT dealmaking in 2020, followed by a flurry of consolidation in the healthcare, transportation, manufacturing and wireless sectors. According to 451 Research's M&A KnowledgeBase, the total deal value of IoT acquisitions rose to nearly $69bn from $8bn in 2019.
The industrial software company took to the web with 96 sessions describing the range of software that can be applied across many verticals. While various types of industries have domain-specific challenges, the overarching concepts of IIoT and AI require an integrated system-of-systems approach.
As we all trudge valiantly into 2021 with the pandemic not yet under control, IoT is coming to the rescue in a variety of areas. Indeed, our data suggests growing enterprise interest in using IoT to address new, specific COVID-19 challenges.
The sixth edition of the annual Things Conference in January showed off the ambition and growth of the LoRa ecosystem. Semtech is expanding its product families, and adoption is growing across the globe and across verticals, from elephants to critical infrastructure.
Solar energy will be key in energy transition. At virtual tech show CES 2021, British startup Absolar stood in the spotlight with its new approach of identifying ideal solar panel locations at scale through use of LiDAR and AI technology.
The pandemic in 2020 saw a strong push for remote access products to enable work-from-home policies. In a space where many vendors are moving from traditional VPN to software-defined perimeters, Xage introduced its blockchain-protected distributed identity and access management offering to provide zero trust remote access to infrastructure and industrial networks.
2020 was a turbulent year that shook global markets, but it could prove pivotal in decarbonization and achieving climate goals. As the transition from fossil fuels to renewables takes shape, the energy market is transforming. And as the smart grid becomes AI-infused, we slowly see a sentient grid emerging to address the change.
The company created a cloud-based authoring and delivery service to allow the combination of photorealistic 3-D models of a piece of equipment, facilities or a construction site, with data associated with the model rendered to any remote client device, including AR and VR. These digital twins can then be used to remotely understand asset performance.
The manufacturer of agricultural surveillance drones has acquired MicaSense, adding advanced multispectral sensor technology to help grow its vegetative-analysis and precision-navigation capabilities and set its claws into the drone delivery market.
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