Tag: research report

  • Inmarsat: Ag accelerates IoT adoption in response to COVID-19

    Inmarsat: Ag accelerates IoT adoption in response to COVID-19

    Image: William_Potter/iStock/Getty Images Plus/Getty Images
    Image: William_Potter/iStock/Getty Images Plus/Getty Images

    New Inmarsat research reveals a rapid increase in levels of industrial IoT maturity in 2021, with agricultural businesses accelerating IoT adoption in response to COVID-19

    Research by Inmarsat, a global mobile satellite communications company, reveals a rapid increase in the maturity level of the industrial internet of things (IoT) across the agricultural sector since the start of the COVID-19 pandemic, with 86% of ag business accelerating or intending to accelerate deployment.

    Respondents in the report, “Industrial IoT in the Time of COVID-19,” include crop producers, OEMs, service providers and livestock businesses, who report that COVID-19 demonstrated the importance of IoT to their businesses.

    According to the research, adoption has seen huge progress from 2020 to 2021, with automation and cost savings the greatest drivers. Four-fifths (80%) of agricultural respondents have now fully deployed at least one IoT project, with 53% having achieved this in the 12-month period from the second quarter of 2020. Of the remaining 20% of agricultural respondents that have not yet adopted IoT in any form, all of them are either currently trialing it, or plan to deploy or trial at least one IoT project in the next two years.

    Chart: Inmarsat
    Chart: Inmarsat

    A further 86% of agricultural respondents indicated they have or they intend to accelerate the adoption of IoT in response to challenges related to COVID-19. This figure includes 46% who have already accelerated IoT adoption to respond to COVID-19, versus 29% who will accelerate over the next 12 months and 11% who will accelerate beyond the next 12 months.

    The 46% that have already accelerated IoT adoption are less likely to state that COVID-19 has negatively impacted their ability to operate, demonstrating a link between IoT and business continuity during the pandemic. Additionally, more than half (60%) of respondents in the sector indicated that business and operational challenges related to COVID-19 have underlined the importance of IoT.

    “We have seen agricultural producers take on more and more solutions that allow them to operate remotely, from autonomous irrigation control to the latest precision farming technologies, demonstrating increased faith in the technology,” said Steven Tompkins, Director of Market Development at Inmarsat.

    As part of the research, Inmarsat is offering businesses the opportunity to measure their IoT readiness compared to the respondents in the survey, using their free IoT maturity tool.

  • Inmarsat research: Mining industry undergoing IoT revolution

    Inmarsat research: Mining industry undergoing IoT revolution

    Research shows Internet of Things growing in use; free IoT maturity tool enables miners to measure readiness

    Cover: Inmarsat
    Cover: Inmarsat

    The latest research study conducted by Inmarsat, a global, mobile satellite communications company, found that the global mining sector is undergoing an internet of things (IoT) revolution with respondents reporting significant increases in adoption of connected technologies.

    Inmarsat employed market research company Vanson Bourne to interview 200 respondents with either decision-making or influencing responsibilities for IoT-related initiatives at organizations of more than 500 personnel.

    Mining organizations reported successes in implementing projects to safeguard workers via remote tracking, monitor drilling and observing acid mine-drainage remotely. However, despite this progress, a range of challenges are hindering the sector’s ability to reap the rewards IoT has to offer.

    ‘The Rise of IoT in Mining is the third IoT-focused research project undertaken by Inmarsat and focuses on the use of, attitude to and predictions for IoT across the global mining sector. As part of the initiative, Inmarsat is also offering mining companies the opportunity to measure their IoT readiness versus the 200 respondents to the survey, using their free online IoT maturity tool.

    According to the research, most organizations (65%) have fully deployed at least one IoT project, while 33% are trialling or have trialled a project, with only 2% of respondents not having begun an IoT project.

    These findings echo the predictions reported in Inmarsat’s 2018 mining research, where only 2% had fully deployed an IoT solution, 29% were trialling one and 69% were planning on beginning IoT projects within the next two years.

    Noticeably, there is a considerable geographical variance in IoT adoption and maturity across different regions, with 98% of North American respondents having successfully deployed IoT-enabled projects, compared with only 50% in Africa and 38% in South America.

    While this increase in full deployments represents progress, the use cases and data management are on the simple side and there are many challenges to overcome if the mining industry is to fully realise the potential of IoT, particularly in regard to using it as driver for organisational change.

    A lack of skills, investment and cultural challenges, as well as unreliable connectivity, patchy cybersecurity processes and underdeveloped data management processes were also highlighted in the report and will all need to be remedied in the coming years.

    “Two years on from our last research, Inmarsat wanted to get a measure of what had changed in the mining industry,” said Joe Carr, global mining director at Inmarsat. “IoT has begun to take a foothold in the sector with increased rates of adoption across the board. What we discovered was an industry that — historically slow to adopt radical ideas — is now beginning to embrace the use of IoT, but still working out how to make the most of it.”

    The mining industry faces significant challenges around skills, security, connectivity, investment and data management. These will need to be addressed for the industry to progress past a point of using IoT in a simple, siloed capacity, according to the report.

    Despite the challenges being faced, mining organizations are looking to increase their investment in IoT and are overwhelmingly positive about the value that IoT can bring to their operations and the benefits it is either already delivering or will deliver in the future.

    “We want to help drive IoT adoption in the mining sector and encourage mining companies to plot a route to IoT success using our free online IoT Maturity Tool,” Carr concluded. “The tool allows miners to understand their progress in IoT adoption across a number of areas and to compare this with the 200 respondents who contributed to our research. Using these findings miners can start to develop a roadmap for improvement and provide a tangible proof point for influencing internal conversations.”

  • Report Examines Geospatial Analysis for Defense, Security

    A new report by Visiongain examines geospatial data analysis for defense and homeland security — a world market worth $9.7 billion in 2014. The report, “Governmental Geospatial Intelligence (GEOINT) Solutions Market 2014-2024: Digital Mapping, Geographic Information Systems (GIS), Cloud-Based Geo-Analytics & Geo-Data Exploitation for Defence & Homeland Security” is being offered by Reportbuyer.com.

    Advances in technologies such as cloud and 3D modeling — together with increased availability of high-quality, high-accuracy geospatial data, especially from space-based remote sensing satellites — are propelling the market for governmental GEOINT solutions, Reportbuyer.com said.

    “The coming decade will see governments around the world scrambling to acquire GEOINT capabilities on increasingly higher scales, to ensure they stay on top in the ‘information superiority’ race,”  Reportbuyer.com said in a press release. “At the moment, outside the U.S. this is a relatively young market, at the very beginning of a period of large international expansion over the next ten years.”

    According to Reportbuyer.com, geospatial information exploitation technology is one of the vital enablers and defining aspects of 21st century defense, intelligence and homeland security capabilities and operations. In a digital age where the vast majority of data has a location and time, GIS and GEOINT systems provide the means to reference it geographically.

    “In this visual context, complex dynamics, patterns and relationships can be revealed, analyzed and understood in a completely new way,” Reportbuyer.com said. “This takes ‘situational awareness’ to an entirely different level, and enables an unprecedented and powerful new type of analysis: geospatial analysis. A key part of this overall capability is a new generation of tools for advanced digital mapping and modeling, which extend the applications of GIS beyond intelligence, C2 (command and control) and the achievement of information superiority into areas like resource management, mission simulation, and down to individual soldiers.”

    The 300-page report provides market forecasts and analysis for GEOINT solutions, 2014-2024, and sales value projections of the market with essential information on the technologies, GEOINT organizations and competitors. The report is available at Reportbuyer.com.

  • GIS for Disaster Management to Boost Market in China

    The increased use of Geographic Information Systems (GIS) in disaster management has resulted in the growth of the GIS market in China, which is expected to post a CAGR of 11.75 percent from 2014-2019, according to research from TechNavio.

    The report “GIS Market in China 2015-2019” focuses on the increased use of GIS technology across various systems such as forest fire management, flood management and climate change, which has made GIS technology an effective tool for disaster management in China.

    “Governments and natural resource sectors are heavily dependent on GIS for disaster management. The technology provides detailed information on an area’s geography, and any changes or deviations in the typical information can lead to an inspection by experts,” said Faisal Ghaus, vice president of TechNavio.

    The report emphasizes increased investments in GIS software. The market is witnessing the presence of several large international GIS solution providers that are making huge investments, leading to high economic growth in China. “The increased adoption of GIS solutions across different sectors has motivated large international vendors to make investments in providing GIS solutions in China,” Ghaus said.

    The report covers:

    • Market segmentation, size and forecast through 2019
    • Market growth drivers: Increased use of GIS for disaster management
    • Market challenges: Availability of open-source GIS software
    • Market trends: Increased investments in GIS software
    • Key vendors:
      • Autonavi Holdings Ltd.
      • HERE
      • Hexagon AB
      • NavInfo Co. Ltd.
    • Other vendors:
      • Autodesk
      • Beijing Supermap
      • Bentley System
      • China Information Technology

    Other GIS market research reports available include: