Both satellite companies grew their subscriber base by around 13 percent over the last year, but there are signs that the rate of growth may be slowing. EchoStar, the second-largest satellite broadcaster in the United States, added 225,000 subscribers to its Dish Network in the last quarter, bringing the total number of subscribers to 11.46 million. Rival DirecTV added the same number of new customers in the United States over the same period, taking its total subscriber base to 14.67 million. The company signed 964,000 subscribers in the quarter, but the number of net additions was down on the same period the previous year, due to slightly higher churn. EchoStar reported total revenue of $2.1 billion for the three months to the end of June, up 18 percent on the corresponding period the previous year, with a net income of $856 million, ten times more than for the same period the preceding year. DirecTV revenues for the same period were $3.18 billion, with a net income of $162 million, the first profit in two years, compared to a loss of $13.3 million a year ago.
In the manufacturing industry, cloud computing can help leaders improve their production efficiency by providing them with real-time data about their operations. This has gained the attention of the C-suite. Total forecast Industrial Cloud platform revenue in manufacturing will surpass $300 billion by 2033 with a CAGR of 22.57 percent, driven by solution providers enhancing platform interoperability while expanding partner ecosystems for application development. ABI Research found the cloud computing manufacturing market will grow over the next decade due to the adoption of new architectural frameworks that enhance data extraction and interoperability for manufacturers looking to maximize utility from their data. Industrial Cloud Computing Market Development "Historically, manufacturers have built out their infrastructure to include expensive data housing in the form of on-premises servers. The large initial upfront cost of purchasing, setting up, and maintaining these servers is