Huawei forecasts growth in digital energy and smart car solutions

Chinese telecoms giant Huawei is targeting growth in 2024 for its newer business areas including digital energy and smart vehicle solutions, according to rotating chairman Hu Houkun. 

In an end-of-year memo, Hu said the company expects to surpass 700 billion yuan ($103 billion) in sales for 2023. While its core ICT infrastructure business "will remain robust," greater momentum is building behind the firm’s digital energy and smart vehicle solutions.

"The...

IoT Tech Expo: How emerging technologies are modernising financial institutions

Speaking at the IoT Tech Expo Global, Agata Grela, Digital Strategy Leader at RBS International, discussed how emerging technologies are driving sweeping change in the financial sector as firms undertake digital transformation initiatives.

Grela emphasised the importance of understanding and experimenting with emerging technologies to drive meaningful products and services for financial clients. The focus was on creating future-proof, agile, and resilient organisations capable of...

Ericsson, AWS, and Hitachi showcase manufacturing transformation

Ericsson, Amazon Web Services (AWS), and Hitachi America R&D have combined their expertise to showcase the potential of 5G, AI, and IoT solutions in transforming manufacturing.

A private 5G infrastructure trial was conducted at Hitachi Astemo Americas' electric motor vehicle manufacturing plant located in Berea, Kentucky. This initiative aims to demonstrate the immediate applicability of current technologies, debunking the notion that their benefits lie in the distant...

Enterprises accelerate IoT deployments to drive digital transformation

In the ever-evolving landscape of digital transformation, IoT deployments have emerged as a pivotal component in the strategies of enterprises.

IoT deployments enable businesses to reap rewards such as enhanced productivity, reduced costs, and the realisation of environmental sustainability objectives.

Omdia’s latest Internet of Things Enterprise Survey underscores the escalating commitment of businesses to IoT solutions, with a marked increase in spending and...

Apple’s AR/VR headset plan causes internal divisions

Internal divisions are reportedly arising at Apple over its much-anticipated AR/VR headset.

Apple CEO Tim Cook and COO Jeff Williams are said to be pushing to launch the headset as soon as possible, even if its design isn’t optimal.

Designers at Apple are said to have disagreed with their leadership and want to wait until it's feasible to launch a product that is lighter and less expensive. Current price estimates for the headset are between $2,000 and...

Zuckerberg believes Meta’s duty is to promote an open metaverse

During yesterday’s annual Meta keynote, CEO Mark Zuckerberg shared his belief that the metaverse must be open.

Zuckerberg called out closed ecosystems—a clear dig at Apple, without mentioning the company directly.

“Closed ecosystems focus on tight control and integration to create unique experiences and lock-in, although most of that value ends up flowing to the platform over time,” explained Zuckerberg.

“Open ecosystems create value and grow through...

Inmarsat Fleet Xpress Enhanced supports maritime digital transformation

Inmarsat has launched Fleet Xpress Enhanced, a portfolio of connectivity products to support the digital transformation of the maritime industry.

The world’s oceans can be dangerous and unpredictable but are vital for shipping, food, transport, and research. IoT sensors can help with minimising risks while supporting critical operational and sustainability efforts.

“This latest evolution of Fleet Xpress is not a standard VSAT service – it is a versatile, fully...

Survey: Adoption of digital transformation tech is accelerating

According to a survey of UK leaders conducted by bluQube, the adoption of digital transformation technologies is accelerating.

“So-called ‘future’ technologies, such as robotics or the Internet of Things, have now firmly entered the mainstream for businesses looking to grow and stand out from the chasing pack,” commented Simon Kearsley, CEO of bluQube.

Almost three-quarters (72%) of business leaders report their organisations have adopted mobile technology. An...

The growth of digitalisation with Industry 4.0

In recent years, significant growth in Industry 4.0 digitalisation has had a major impact on the manufacturing sector.

The shift from traditional, paper-based methods to more streamlined digital solutions is helping all kinds of manufacturers, from textiles and food to pharmaceuticals and industrial chemicals, boost their productivity, reduce costs and thus, become more operationally efficient.

Indeed, in a recent study by Getac and Statista, a quarter of US...

GlobalData: 75% of execs anticipate disruption from automation within 12 months

Three-quarters of executives are expecting their sector to be disrupted by automation within 12 months.

The findings come from research firm GlobalData which calls automation “no longer a distant dream”. Undoubtedly, the pandemic has sped up the adoption of automation as leaders seek to shelter their businesses in uncertain times and adapt to lasting societal changes.

Charlotte Dunlap, Principal Analyst at GlobalData, said:

“The pandemic has shown us just...