• Airways
  • Railway
  • Roadways
  • Shipping & Port
Transport Advancement
  • Home
  • News
  • Projects
    Highways England unveils plans to widen A12

    Highways England unveils plans to widen A12

    African Development Bank, Africa50 in Landmark Bridge Project Linking Kinshasa and Brazzaville

    Geely Holding to Cooperate with China Aerospace Science and Industry Corporation on Developing Technologies Including Supersonic Trains

    AECOM to provide site supervision services for Malaysia’s East Coast Rail Link project

    Talgo obtains €30 million from the European Investment Bank for Innovation projects

    U.S. Department of Transportation Advances Rail Projects in Florida and Texas

    World premiere of the Mercedes-AMG Project ONE: Mercedes-AMG brings Formula 1 technology to the road

    One of the world’s longest electric car highways will be built in Australia

    CX North America Releases Next-Generation Mobile App for Drivers

  • Articles
  • Press Statements
  • Market Reports
    Austal signs agreement to buy BSE Maritime Solutions

    Austal signs agreement to buy BSE Maritime Solutions

    HPC leads machine learning initiative at Hamburg container terminal

    Chinas busiest port sees growth in sea-rail transport

    IATA health checklist to help airlines implement ICAO Covid-19 guidance

    Air cargo demand helps Korean to Q3 operating profit

    Kuehne + Nagel makes acquisitions in the Netherlands and Belgium to expand its overland network

    Kuehne + Nagel makes acquisitions in the Netherlands and Belgium to expand its overland network

    Transoft acquired Keysoft Solutions

    Transoft Solutions Completes Acquisition of Uk-based Keysoft Solutions

    GRAHAM

    GRAHAM revenue stabilisation sets the platform for sustainable growth

    DP World Acquires Topaz in USD 1.1 Bn Deal

    DP World Acquires Topaz in USD 1.1 Bn Deal

    Siemens sells electric aircraft-propulsion business to Rolls-Royce

    C.H. Robinson Acquires The Space Cargo Group to Expand Global Presence

    C.H. Robinson Acquires The Space Cargo Group to Expand Global Presence

  • Events
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Projects
    Highways England unveils plans to widen A12

    Highways England unveils plans to widen A12

    African Development Bank, Africa50 in Landmark Bridge Project Linking Kinshasa and Brazzaville

    Geely Holding to Cooperate with China Aerospace Science and Industry Corporation on Developing Technologies Including Supersonic Trains

    AECOM to provide site supervision services for Malaysia’s East Coast Rail Link project

    Talgo obtains €30 million from the European Investment Bank for Innovation projects

    U.S. Department of Transportation Advances Rail Projects in Florida and Texas

    World premiere of the Mercedes-AMG Project ONE: Mercedes-AMG brings Formula 1 technology to the road

    One of the world’s longest electric car highways will be built in Australia

    CX North America Releases Next-Generation Mobile App for Drivers

  • Articles
  • Press Statements
  • Market Reports
    Austal signs agreement to buy BSE Maritime Solutions

    Austal signs agreement to buy BSE Maritime Solutions

    HPC leads machine learning initiative at Hamburg container terminal

    Chinas busiest port sees growth in sea-rail transport

    IATA health checklist to help airlines implement ICAO Covid-19 guidance

    Air cargo demand helps Korean to Q3 operating profit

    Kuehne + Nagel makes acquisitions in the Netherlands and Belgium to expand its overland network

    Kuehne + Nagel makes acquisitions in the Netherlands and Belgium to expand its overland network

    Transoft acquired Keysoft Solutions

    Transoft Solutions Completes Acquisition of Uk-based Keysoft Solutions

    GRAHAM

    GRAHAM revenue stabilisation sets the platform for sustainable growth

    DP World Acquires Topaz in USD 1.1 Bn Deal

    DP World Acquires Topaz in USD 1.1 Bn Deal

    Siemens sells electric aircraft-propulsion business to Rolls-Royce

    C.H. Robinson Acquires The Space Cargo Group to Expand Global Presence

    C.H. Robinson Acquires The Space Cargo Group to Expand Global Presence

  • Events
  • Contact Us
No Result
View All Result
Transport Advancement
No Result
View All Result
Home Europe

Businesses expect Industrial IoT to boost their revenues by $154 million finds Inmarsat study

26th July 2018
in Europe, Market Reports
0
SHARES
69
VIEWS
Share on FacebookShare on Twitter

The Industrial Internet of Things (IIoT) is set to make a sizeable contribution to the global economy by 2023. This is according to a new global study launched today by Inmarsat , the world’s leading mobile satellite communications company, which found that organisations, across the global supply chain, expect IIoT to be increasing their annual revenues by 10 per cent within 5 years.

The Industrial Internet of Things is set to revolutionise how businesses function in the next few years. There will be significantly increased automation and operational efficiency through the use of real time data and machine-to-machine communication right across the planet. Access to reliable and resilient connectivity, particularly in remote regions or at sea, where terrestrial networks are not available but satellite communications are available, will be essential to the success of many IIoT deployments.

These latest results have emerged from the 2018 edition of Inmarsat’s research programme into IIoT trends – ‘IIoT on Land and at Sea’ – for which market research specialist Vanson Bourne surveyed 750 businesses with a combined turnover of $1.16trillion from across the globe. Respondents were drawn from a wide range of industries, including the agriculture, energy, maritime, mining and transport sectors.

Commenting on the findings, Paul Gudonis, President, Inmarsat Enterprise, said: “IIoT is emerging as a major force in the modern enterprise and it’s clear that businesses are prioritising satellite technology to transform their operations and achieve competitive advantage. Data generated by IIoT infrastructure is expected particularly to bring greater transparency to the global supply chain, allowing businesses to automate processes, reduce operational waste and speed up rate of production, leading to higher revenues and lower costs”.

“However, many businesses are struggling with security, skills and connectivity challenges in large scale IIoT deployments. Over half (56 per cent) require additional cyber-security skills and 34 per cent don’t yet have access to the connectivity they need. For global businesses that require a global communications network, satellite connectivity will play a key role, guaranteeing constant secure data transmission wherever their IIoT infrastructure is located,” he concluded.

Inmarsat is the leading provider of mobile satellite connectivity to IIoT deployments across the global supply chain. Our services are enabling end-to-end transparency across the production, extraction, manufacture and multi-modal transportation of goods, delivering operational efficiencies to organisations from the agriculture, energy, maritime, mining and transport sectors.

To view the research microsite and download the full report – ‘IIoT on Land and at Sea’ – visit: http://research.inmarsat.com/

About Inmarsat
Inmarsat is the leading provider of global mobile satellite communications services. Since 1979, Inmarsat has been providing reliable voice and high-speed data communications to governments, enterprises and other organisations, with a range of services that can be used on land, at sea or in the air. Inmarsat operates around the world, with a presence in the major ports and centres of commerce on every continent. Inmarsat is listed on the London Stock Exchange . For more information, please visit www.inmarsat.com.

About Inmarsat Enterprise
Inmarsat Enterprise is focused on the provision of satellite connectivity and IIoT solutions for land-based businesses, Inmarsat Enterprise operates globally across a diverse set of sectors including agriculture, aid and NGO, energy, media, mining and transport.

About Industrial IoT
Industrial IoT (IIoT) describes the application of networked sensors, which provide data and transparency across the global production and supply chain. The global supply chain is increasingly reliant on mobile, global and reliable connectivity to ensure data is provided at all points, ensuring the continuity of mission critical business processes. Inmarsat’s geostationary satellite network delivers continuous mobile coverage, eliminating downtime when switching between satellite networks, to ensure continuous data collection across the global supply chain.

Previous Post

Euro Bus Expo unveils its Technology Zone exhibitor line-up

Next Post

European Specialists In Heavy Lift And Project Cargo Meet In Rotterdam: 12th & 13th Of September

Related Posts

European Roads May Soon Have A Chinese Automobile Running
Europe

European Roads May Soon Have A Chinese Automobile Running

17th June 2022
Europa Worldwide Group opened its new sales branch
Europe

Europa Worldwide Group opened its new sales branch in Wales

26th May 2022
Austal signs agreement to buy BSE Maritime Solutions
Market Reports

Austal signs agreement to buy BSE Maritime Solutions

6th November 2020
HPC leads machine learning initiative at Hamburg container terminal
Market Reports

Chinas busiest port sees growth in sea-rail transport

6th November 2020
IATA health checklist to help airlines implement ICAO Covid-19 guidance
Airways

Air cargo demand helps Korean to Q3 operating profit

6th November 2020
CPB Contractors awarded $317mn Sydney Metro Station project
Europe

Finland lands €58.3 million in EU funding for rail projects

17th July 2020
Next Post

European Specialists In Heavy Lift And Project Cargo Meet In Rotterdam: 12th & 13th Of September

Latest Post

Ethiopian Cargo highlights its readiness for vaccine distribution
Airways

Etihad Cargo bolsters its global customer service centre operations

26th January 2023
Ethiopian Cargo highlights its readiness for vaccine distribution
Airways

Ethiopian Ramps up Cargo Investment for African E-commerce Hub

26th January 2023
No Increase In The Air Cargo Demand Post Holiday Season
Airways

WFS cargo fast tracks sustainability in Spain

26th January 2023
American Airlines Welcomes Its Newest Aircraft to the Fleet
Airways

American Airlines Cargo teams up with Airlink for Haiti aid flight

26th January 2023
No Increase In The Air Cargo Demand Post Holiday Season
Airways

No Increase In The Air Cargo Demand Post Holiday Season

19th January 2023
Cathay Pacific Cargo is first Asian carrier to offer Envirotainer Releye RLP container
Airways

Cathay Pacific welcomes quarantine-free travel and will more than double its flights to the Chinese Mainland

10th January 2023
Transport Advancement

About Us

Transport Advancement is a leading information centric website for latest updates within the industry. We cover Railway, Road Traffic, Airways, Shipping & Port and run with an objective to provide knowledge driven content to our readers and subscribers in various forms like news, projects, upcoming events.

Resources

  • Advertise with us
  • Contact Us
  • Newsletter Archive
  • Download Mediapack
  • Newsletter Subscription

System

  • Search
  • Site map
  • RSS Feed
  • Airways
  • Railway
  • Roadways
  • Shipping & Port

© 2022 Copyright Value Media Services 2022 All rights reserved.

No Result
View All Result
  • Home
  • News
  • Projects
  • Articles
  • Press Statements
  • Market Reports
  • Events
  • Contact Us

© 2022 Copyright Value Media Services 2022 All rights reserved.