INDUSTRIAL IOT MARKET ANALYSIS
Global Industrial IoT Market: Key Developments
In April 2021, Intel and John Deere announced partnership to offer its AI technology in order to help address a costly, and old problem in manufacturing welding process. Deere is creating a solution that can automatically spot common defects using computer vision in the automated welding process in its manufacturing facilities.
In September 2020, Nvidia announced plans of Arm acquisition for building an extraordinary company contributing to every technology market in the world. Nvidia acquired this UK-based company for US$ 40 billion in Grouping of stock and cash deal.
In December 2021, Silicon Labs announced the launch of Custom Part Manufacturing Service, using which manufacturers will be customizing their Silicon Labs hardware at the factory. The hardware portfolio of Silicon Labs include wreleass SoCs, MCUs, and modules.
In October 2020, Honeywell and Microsoft entered into partnership for integration of the Honeywell Forge industrial analytics platform with the Dynamic 365 Field Service Offering and Azure.
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