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Showing posts with the label safety

New Tech Spending to Fortify Aircraft Safety

The commercial aviation industry has been at the forefront of innovation, constantly pushing the creative boundaries of what's possible in aircraft design and manufacturing. However, with this pursuit of advancement comes an unwavering responsibility for safety. Recent events have cast a spotlight on the importance of rigorous adherence to aircraft assembly, testing, and maintenance procedures -- serving as a stark reminder of the critical role technology plays in ensuring the safety of passengers and crew alike. Aerospace Digitalization Market Development The dramatic images of a hole appearing in a Boeing aircraft operated by Alaskan Airlines sent shockwaves through the aviation industry, highlighting the potentially catastrophic consequences of even the slightest deviation from established quality-control protocols. In the wake of this incident, aerospace manufacturers have been galvanized into action, recognizing the urgent need to embrace appropriate technologies that can enha...

Long-COVID Risk Impact on The Future of Work

Two years of the global COVID-19 pandemic forced many organizations to operate remotely -- with the majority of knowledge worker employees working from home. While the virus evolved into new variants, some business leaders were already contemplating a 'return to office' scenario. Clearly, some leaders struggle to understand what their employees want, and how to support them to do their jobs in the most safe, productive, and satisfying way. However, the predictable significant increase in employee resignations should help them to reconsider. Future of Work Solutions Market Development IDC recently published results from a survey of the Asia-Pacific (APEJ) region, which provides insights for companies to understand their workforce and how to accommodate them to ensure the best productivity and business continuity. "Great Resignation is the latest buzzword. As employees reassess their current employment, talent retention is a top business agenda item for organizations," ...

Blockchain will Transform Food Production & Distribution

While blockchain applications are still evolving across the globe, several use cases across asset tracking, financial services and digital identity are already in production and offer valuable improvements. Joining the list of compelling blockchain use cases: the food industry. More than 30 percent of the food produced worldwide is lost or wasted before it is consumed. With the global population expected to grow to 9.8 billion by 2050, improving the food supply chain efficiency will greatly reduce food scarcity and advance the attainment of sustainability goals. Introducing blockchain to the food industry can deliver many benefits. All are linked to the visibility it gives manufacturers, retailers and producers able to view their upstream and downstream activities, location and status of products, with certifications and insights for the entire value chain. Blockchain Market Development According to the latest market study by Juniper Research, blockchain will enable $31 billion...

Vehicle Cyber Security Research and Development Trends

Market development activities for connected vehicle applications will increase dramatically during 2016, once automotive cyber security concerns are finally addressed, and those offering assurances are certain that deployment won't negatively affect the functional safety of vehicles. In its recent worldwide market study, ABI Research analyzed all the available security solutions for automotive embedded capabilities, security software and secure wireless network connectivity. They concluded that the emerging global hardware security module (HSM) market -- including both consumer and commercial vehicle applications -- will reach 2.3 billion units by 2020. "In a car, there are typically about 100 different electrical control units, and right now, most cars do not contain secure-enough hardware," said Michela Menting, research director at ABI Research . Automotive manufacturers acknowledge the vast upside potential for the Internet of Things (IoT) use cases, but it’s ...

Car Telematics Subscribers to Reach 158.9M by 2020

According to the latest market study by Berg Insight, shipments of OEM embedded telematics systems worldwide are forecast to grow from 8.4 million units in 2013 at a compound annual growth rate (CAGR) of 30.6 percent to reach 54.5 million units in 2020. Moreover, the number of cars sold worldwide equipped with head-units featuring handset-based telematics capabilities will grow from 7.0 million in 2013 to 68.5 million in 2020. Telematics is a broad term that may be applied to a wide range of connected services in the automotive industry. The basic definition of automobile telematics is an automatic system designed for passenger cars that incorporates some form of cellular communication. Automotive manufacturers can choose between several connectivity options when creating connected car services, which are not mutually exclusive. The main options today are embedded telematics devices, tethered handsets and integrated smartphones. Car manufacturers often use a combination of thes...

Developing Software-Based Security Apps for Vehicles

The concept of an Internet of Things (IoT) may seem somewhat obscure to the uninformed person, but the need to secure personal property while traveling in an automobile is apparent to most people. Meaningful context removes confusion. That's why IoT market development would clearly benefit from better articulation of use case scenarios, to gain market momentum and increase the potential for further adoption by all stakeholders. While traditional safety telematics services offer stolen vehicle tracking and diagnostics aimed at the physical protection of vehicles, drivers and their passengers are slowly becoming more aware of the benefits enabled by these mobile communication technologies. Moreover, the potential threat of cyber-attacks and their impact on the physical integrity of persons -- especially with vehicle-to-vehicle communication and autonomous vehicles -- means that market demand for security solutions will surely grow over time. The current situation is prompting...

The Internet of Everything will have a Broad Impact

As the Internet of Things (IoT) evolves into the Internet of Everything (IoE) there will be a trickle-down effect that impacts a variety of related industries and market sectors. According to the latest market study by ABI Research, global insurance telematics subscriptions are expected to grow at a CAGR of 81 percent from 5.5 million at the end of 2013 to 107 million in 2018. "With Progressive’s Snapshot having attracted more than 1 million drivers in the U.S. and Octo Telematics already counting close to 1.3 million UBI customers -- mainly in Italy -- insurance telematics is now entering the mainstream market, at least in certain countries," said Dominique Bonte, VP and practice director at ABI Research . The emergence of smartphone-based solutions, the gender ruling in the EU, and growing awareness of insurers to move to a more proactive safety, preventive, and service/CRM based approach improving the customer experience and loyalty will be strong drivers for growth ...