Telit, a global enabler of the Internet of Things (IoT), today announced that the company’s innovative module-integrated software and services, Telit OneEdge, has garnered multiple prestigious industry awards since being announced in February 2019. Lauding its design for dramatically simplifying deployment, device management, connectivity and data management, the honors reflect Telit’s dedication to helping organizations take advantage of the IoT and the new 5G super-connected world.
“We are honored to be the recipient of so many prestigious industry awards and recognitions. It truly shows that IoT is in our DNA. With OneEdge, we have leveraged Telit’s vast experience and pioneering work to deliver intelligence at the edge for a more connected and secure IoT,” said Manish Watwani, chief marketing and product officer at Telit. “In the world of IoT, everything starts at the edge, with the devices and the data they generate, that’s The First Mile of IoT™, Telit is committed to helping our customers sprint through the First Mile and providing support for the rest of their IoT deployment journey.”
“The CompassIntel IoT Innovator Awards honors companies and vendors demonstrating innovation in IoT solutions, products, applications and technology,” said Stephanie Atkinson, CEO of Compass Intelligence. “Telit’s OneEdge modules offer flexibility, simplicity and innovative design to enable seamless IoT connectivity and deployment that is 5G ready, all with a single point of management.”
Below is the list of awards recognizing OneEdge’s capabilities based on specific criteria including corporate, technological and industry significance, as well as innovative hardware and software solutions or services.
- Compass Intelligence IoT Innovator Awards – Winner of the IoT Innovator: IoT Chipset Technologies
- VDC Research Embeddy Awards – Winner of Gold
- IoT Evolution – Winner of the IoT Product of the Year Awards
- Computing Technology Product Awards – Winner of the IoT Product of the Year
- IoT Global Awards – Finalist for IoT Product/Service of the Year, New Launch
- West Worldwide IoT Innovator Awards – Finalist for IoT Hardware, Security
- West Worldwide IoT Innovator Awards – Finalist for IoT Software, Commercial and Industrial
With OneEdge, Telit simplifies all aspects of IoT implementation by saving time and cost, reducing risk and speeding time to revenue by easing deployment. OneEdge-based manufactured products have a ready-to-go connection to the Telit cloud IoT platform to manage devices, connectivity and application data to deliver the ultimate value in IoT. Telit’s OneEdge solves the long-standing challenges related to integration, scalability, management and costs that system architects and their enterprise customers face as they implement IoT to transform their businesses. For more information, visit: https://www.telit.com/oneedge/.
Plant Asset Management Market (PAM) Worth $9.4 Billion by 2024 – Exclusive Report by MarketsandMarkets™
According to the new market research report “Plant Asset Management Market (PAM) by Offering (Software and Services), Deployment Mode (Cloud-based and On Premises), Asset Type (Production Assets and Automation Assets), End-user Industry (Process and Discrete), and Geography – Global Forecast to 2024″, published by MarketsandMarkets™, the Plant Asset Management Market is projected to grow from USD 5.5 billion in 2019 to USD 9.4 billion by 2024, at a CAGR of 11.3%. Major factors fueling the market growth include surging adoption of lean manufacturing practices by several organizations, increasing focus on providing cloud-based PAM solutions to satisfy customer demands, escalating demand for asset management software that can identify potential failures to avoid futuristic loss, and growing need for real-time data analytics.
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“Services to lead plant asset management market by 2024”
The deployment of PAM software is a costly process and a one-time activity, whereas PAM services that include maintenance needs, software upgrades, and personnel training are demanded by end-user industries continuously. Hence, PAM services have a more significant contribution to generating more revenue than PAM software solutions. Further, market players are focusing on offering industry-specific services to meet the ever-changing demands of different industries.
“Production assets to hold largest share of PAM market during forecast period”
Rising adoption of PAM solutions for monitoring rotating and reciprocating equipment, among others, across various industries is expected to drive the growth of the PAM market during the forecast period. Moreover, incidents of unplanned shutdowns or slowdowns due to equipment failures lead to high financial loss in terms of damage to equipment, production losses, and unscheduled maintenance. However, real-time health and performance insights encourage informed actions and decisions to improve plant efficiency minimizing risks of equipment failure, thereby reducing the wastage of valuable finances. Hence, the demand for PAM solutions is high to manage these production assets.
Browse in-depth TOC on “Plant Asset Management Market“
109 – Tables
52 – Figures
178 – Pages
“Asia Pacific to be largest market for PAM during forecast period”
Asia Pacific presents a substantial market for PAM. The PAM market in APAC is growing rapidly due to several advancements and technological innovations in different manufacturing industries. The adoption of PAM solutions is high in APAC due to the growing manufacturing sector in the region. Most of the key manufacturers from different industries have shifted their manufacturing plants in APAC due to the low labor cost and availability of a skilled workforce. These manufacturing units are using asset management solutions for the improvement in the overall manufacturing processes, which is expected to drive the growth of the PAM market in the region.
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Major players in the PAM market are Emerson (US), Honeywell (US), Rockwell (US), ABB (Switzerland), Schneider (France), Yokogawa (Japan), General Electric (US), Siemens (Germany), and SKF Group (Sweden).
Please Explore Relevant Reports:
Smart Factory Market by Technology (DCS, PLC, MES, ERP, SCADA, PAM, HMI, PLM), Component (Sensors, Industrial Robots, Machine Vision Systems, Industrial 3D Printing), Industry, and Geography – Global Forecast to 2024
Process Automation & Instrumentation Market by Instrument (Field Instrument, Control Valve, Analytical Instrument), Solution (APC, DCS, HMI, MES, PLC, Safety Automation, SCADA), Industry, and Geography – Global Forecast to 2024
Happy Lunar New Year! Canada Post celebrates Year of the Rat
Canada Post has issued two stamps celebrating the Year of the Rat – representing the first year in the Lunar New Year cycle and the final issue in a second 12-year series honouring the annual festival.
The Year of the Rat begins on January 25, 2020, and ends on February 11, 2021. A symbol of fertility and intelligence, the rat is said to confer great cunning, tact and vitality on those born under its sign.
Designed by Albert Ng (O.Ont.) and Seung Jai Paek, of Albert Ng and Associates, the stamps portray the traditional story of the rat’s daughter’s wedding in the style of folk art known as Chinese farmer painting. The Permanent™ domestic-rate stamp depicts the bride on route to her nuptials, while the International-rate stamp reveals the happily married couple.
The Year of the Rat stamps will be available tomorrow, January 17, in Permanent domestic- and International-rate booklets, as well as a gummed pane of 25 domestic-rate stamps framed by four Chinese blessings. Philatelic collectibles include an unsealed, International-rate Official First Day Cover suitable for use as a “money envelope” for traditional gift-giving.
SOURCE Canada Post
Announcing the Anti-Human Trafficking Intelligence Initiative and Honoring Human Trafficking Awareness Month
Assisting the Fight
Across the United States, human trafficking exists everywhere, even in your local town square. The horrifying statistics drove Aaron Kahler to found the Anti-Human Trafficking Intelligence Initiative, a non-profit dedicated to partnering with financial institutions, corporations and law enforcement to combat human trafficking.
“ATII will deliver innovative solutions to disrupt human trafficking networks by assisting financial gatekeepers in identifying, reporting and terminating relationships with associated customers,” says Aaron Kahler, CEO of ATII.
For example, nestled into a pristine part of the Poconos, Stroudsburg is an idyllic borough in Pennsylvania, a vibrant town, a vacation haven. Last week in Stroudsburg, the US Attorney’s Office in Pennsylvania announced that Sirvonn Taylor, was sentenced to 20 years’ imprisonment for heading-up a conspiracy that forced women to engage in prostitution. In this bucolic town, “Females were ‘sexed-in’ to the gang, forced to engage in sex with members and recruited to engage in prostitution.” PR 1.6.2020
ATII will disrupt the way traffickers operate around major events nationwide starting at this year’s Super Bowl in Miami, FL with the release of a human trafficking awareness and victim outreach mobile application. The application allows victims to scan a QR code where necessary help can be accessed in her primary language.
Driving Corporate Social Responsibility
Relying on technology/data partnerships and corporate social responsibility leadership, ATII has been able to curate initiatives and provide resources to organizations including:
- High Risk Trafficking Data that can be leveraged through any transaction monitoring, sanctions or onboarding technology
- E-learning that can be utilized by institutions to comply with anti-money laundering regulatory requirements
Networking and Partnerships Extend the Battle Against Human Trafficking
Leveraging ATII’s programs, best practices, data, technology and reporting mechanisms in as many financial institutions as possible will directly result in Suspicious Activity Reports (SARs) being filed on human trafficking and ultimately save lives while bringing traffickers to justice.
SOURCE Anti-Human Trafficking Intelligence Initiative
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