Juniper Research forecasts that IoT security spending will reach US$6 billion by 2023, with growing business risk and regulatory minimum standards that would serve as key spending drivers. Commissioned by Armis, The Forrester report, State of Enterprise IoT Security in North America, revealed that 74% of the respondents felt their security controls and practices were … Read more
A recent report from the Ministry of Communications and Information Technology, King Abdullah University of Science and Technology, and consultancy firm Hello Tomorrow highlights the rapid growth of deep tech startups in Saudi Arabia, with 50% of these startups focusing on AI and IoT. These sectors are emerging as key drivers of innovation and investment … Read more
CB Insights predicts that digital twins will take off in 2022 as organisations seek to hedge against supply chain disruption. “Moving from the cloud to the factory floor, some manufacturers are turning to a micro-factory model, which relies on automation and robotics to create more flexible manufacturing frameworks that can be deployed in a fraction … Read more
By 2025, it is expected that IoT devices will generate roughly 73.1 Zettabytes of data. Around that time, 30% of all data will be real-time, with IoT accounting for nearly 95% of it, 20% of all data will be critical and 10% of all data will be hypercritical. The real-time nature of IoT data presents … Read more
Gartner observed that in the past three years, nearly 20% of organisations have already observed cyberattacks on IoT devices in their network. IoT Analytics forecasts that globally the number of connected IoT devices will grow at 9% annually, reaching 27 billion IoT connections by 2025. Riding on this growth of connected devices is an increased … Read more
