The increasing research and development in order to produce enhanced equipment and devices is anticipated to increase the demand for the digital twin technology. The rising adoption of the various tools such as artificial intelligence, big data and IoT is projected to drive the digital twin technology market worldwide. One of the key players named by Digital Twin Market Technology is Prodea Systems. Read the Full Report.
Prodea included as one of the Global Market Top Manufacturers in the recently published market study “Technology Platforms for the Internet of Things.” This report analyzes the market for third-party commercialized IoT software platforms and discusses how the IoT technology market will evolve as well as the trends impacting its adoption. Read the Article.
The Billion Dollar Fund for Women was founded by Managing Partners Shelly Porges and Sarah Chen along with Co-Founders Anousheh Ansari, Nadereh Chamlou and Anu Jain. TBDF pledge is aimed at mobilizing a global consortium committed to raise & invest $100Mn by 2020 in women entrepreneurs, and $1Bn collectively within the next decade, with a concerted effort by the funding circle. Read the Article.
The purpose of the Beavers is to promote goodwill, friendliness and consideration within the heavy engineering construction industry; to give recognition to those men and women who have demonstrated particular skill, responsibility and integrity; and to encourage and support entry of promising young individuals into heavy engineering construction. Michael Hoover, Chairman and CEO of Sundt Construction, Inc. and 2018 President of the Beavers, has announced the recipients of the 2019 Golden Beaver Awards. These awards will be presented at the 64th annual Awards Dinner to be held Friday, January 11, 2019 at the J W Marriott at L.A. Live in […]
The global Digital Twins Market report covers the valuable data useful for the estimation of the market and comprehensive figures of the key players along with their growth estimation in the upcoming period. The report implements various elements to process the industry data. The global industry report presents the factors, such as gross margin, consumption, production, export, cost, growth rate, share, size and capacity utilization, impacting on the global Digital Twins Market. One of the key players of 2018 in the Digital Twins Market Report is Prodea Systems. Read the Full Report.
Finding harmony between the functionality, size, and security of IoT devices has proven to be a major hurdle. It will require a joint effort between consumers, industry, and state and federal governments, to solve the problem. Whirlpool is an example of an OEM that embarked on a joint venture in 2010 to connect their home appliances to the internet. This strategic move allows consumers to control and monitor their appliances remotely via a smartphone. They did this by partnering with a tech company Prodea to help them build the connected portion. Read the Full Report.
Digital twin is an emerging digital profile of a process or a physical product representing its functional and behavioral characteristics used for performance optimization. In the healthcare sector, the digital twin market will enable personalized healthcare delivery and efficient patient monitoring by leveraging data from associated IoT platforms. Implementing the technology for industrial applications can largely facilitate effective monitoring, tracking, and control of various industrial systems and processes digitally. With the ability of predicting future anomalies, digital twin market technology can aid in operational planning for the industrial applications resulting in time and cost savings. One of the key players […]
XPRIZE, the world’s leader in designing and operating incentive competitions to solve humanity’s grand challenges, announced at their annual Visioneering event today that Anousheh Ansari has been named as chief executive officer. Dr. Peter H. Diamandis will continue in the role of founder and executive chairman. “As I take on the helm at XPRIZE, I feel the same exhilaration as I did the day I was sitting in my capsule atop of my Russian Soyuz rocket – waiting impatiently to be launched into the infinity of the universe that I had dreamed about as a child, and in nervous anticipation […]
Global Digital Twins Market is accounted for $2.37 million in 2017 and is expected to reach $39.39 million by 2026 growing at a CAGR of 36.6% during the forecast period. Factors such as increasing adoption of IoT and Cloud platforms, predominant usage of Industrial Internet-of things (IIoT) for design and manufacturing are favoring the market growth. Some of the key players in the Digital Twins Market include Prodea Systems. Read the Full Report.
Earlier this year Coriant rolled out their Multi-Sided Platform (MSP) partner program that is focused on helping operators around the world empower new revenue-generating services with disruptive innovation in key emerging areas, including 5G, IoT, and the Industrial Internet. Coriant is working with innovators like Prodea for IoT and Affirmed Networks for 5G, for example, and they are aggressively taking these solutions to markets around the world, including in India and Asia. “This MSP partnership gives us the ability to offer our India customers a carrier-grade IoT platform like Prodea’s IoT Service X-Change, which is built upon patented technology and […]