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Inference Solutions Earns Acclaim from Frost & Sullivan for its Feature-rich and Flexible Intelligent Virtual Agent Platform

Based on its recent analysis of the North American intelligent virtual agent (IVA) market, Frost & Sullivan recognizes Inference Solutions with the 2019 North American Customer Value Leadership Award for its flexible and scalable IVA platform. The solution – Inference Studio – incorporatees cutting-edge technologies, and is designed for easy development, deployment, and management. Inference Solutions markets its products through telecommunications carriers and contact center software providers so they may, in turn, provide businesses with intelligent automation to replace or augment legacy IVR systems or offload live agent resources.

Surge in Cyberattacks on Smart Buildings Propels Global IT/OT Security Market

Surge in Cyberattacks on Smart Buildings Propels Global IT/OT Security Market

Widespread digitization of building operations and rising incidences of cyberattacks on operational environments are driving the adoption of information technology (IT)/operational technology (OT) security services in smart buildings. The market is estimated to reach $897 million by 2022, increasing at a record compound annual growth rate of 37%.

Data Gumbo Commended by Frost & Sullivan for Automating Contract Execution in the Oil and Gas Industry with Its Blockchain-as-a-Service

Based on its recent analysis of the North American smart contracts market for the oil and gas industry, Frost & Sullivan recognizes Data Gumbo Corporation (Data Gumbo) with the 2019 North America Technology Innovation Award. It developed a distributed ledger to serve as a consensus algorithm, with nodes based with each stakeholder to create a scalable and reliable model. The company offers its blockchain-as-a-service (BaaS) solution to a variety of industrial applications with complex contracting measurements that require a trusted data source. Data Gumbo designed its fully managed BaaS platform solution specifically for the oil and gas sector to coordinate the entire process of data acquisition, validation, and execution. It enables unprecedented levels of trust in the consensus data, aligns incentives across the board for maximum efficiency, and automates contract execution.                                               

China’s Waste Ban Creates Growth Opportunities for the Circular Economy in Developed Countries

China’s Waste Ban Creates Growth Opportunities for the Circular Economy in Developed Countries

Frost & Sullivan’s recent analysis, Global Waste Recycling and Circular Economy Market Outlook, 2019, forecasts waste volumes, revenues and services, and examines the latest trends in the waste recycling market. It highlights the recycling opportunities of different waste streams generated globally and the growth opportunities in countries affected by the waste import ban imposed by China. It covers the market segments of municipal solid waste (MSW), industrial waste, hazardous waste, Waste Electrical and Electronics (WEEE), construction & demolition (C&D) waste, and plastic waste.

Kreisel Electric Applauded by Frost & Sullivan for the Design Excellence of its High-performance Batteries for the Automotive Industry

LONDON, U.K. — July 31, 2019 — Based on its recent analysis of the global high performance battery market, Frost & Sullivan recognises the Austria-based Kreisel Electric GmbH & Co KG with the 2019 Global Product Leadership Award for developing the most lightweight, high-performance battery solutions. Kreisel partners with customers to understand their businesses and requirements, allowing it to position itself as a solution integrator not just a battery supplier. Kreisel’s product designs ensure accelerated development times, which are being continually shortened so it may deliver market-ready products to clients quicker.

Reinventing Supply Chain Management with IoT

Reinventing Supply Chain Management with IoT

The research identifies market drivers and restraints, offers strategic recommendations, and forecasts IoT revenues in the digital supply-chain management sector until 2024. The research also lists a variety of use-case scenarios across the various segments in supply-chain management.

Industry 4.0, IIoT, and Automation Fuel Smart Solution Growth in Industrial Valves and Actuators Market

Industry 4.0, IIoT, and Automation Fuel Smart Solution Growth in Industrial Valves and Actuators Market

Frost & Sullivan’s latest analysis, European Industrial Valves and Actuators Market, Forecast to 2024, reveals that the primary factors driving the $5.8 billion market towards $7.05 billion by 2024 include an increased focus on automation across industries to improve operational efficiencies and initiatives like Industry 4.0 and Industrial Internet of Things (IIoT). Manufacturers offering high reliability with effective quality management systems are best positioned to harness growth prospects.

Emergency Lighting Service Providers Offering IoT-integrated Products and Services Present Higher Value to Clients

Emergency Lighting Service Providers Offering IoT-integrated Products and Services Present Higher Value to Clients

Technological advancements such as Internet of Things (IoT)-driven applications with monitoring and control facilities are playing a huge role in propelling the $4.67 billion emergency lighting market towards $7.42 billion by 2025. While IoT is creating new opportunities in mobile applications and cloud services, advancements in batteries are driving their use as a power source for emergency lighting products.

Water Utilities Offering Smart Solutions Have an Edge in Providing End-to-End Solutions

Water Utilities Offering Smart Solutions Have an Edge in Providing End-to-End Solutions

With the rise of digitalisation, water utility and industrial customers are expected to transition from conventional lab-based quality analysis to real-time and online smart water sensor measurement. Water utilities are choosing smart water meters enabled by automated metering infrastructure (AMI) communication modules over automated meter reading (AMR). Many advanced water utilities are likely to explore the use of satellites, drones, and robotics for leak detection, condition assessment, and asset management. This adoption of cutting-edge technologies is expected to drive the water & wastewater market towards $743.77 billion in 2019.

Yokogawa Commended by Frost & Sullivan for its OpreXTM Profit-driven Operation Solution

The OpreX Profit-driven Operation solution is focused on solving plant performance issues in real-time

Based on its recent analysis of the North American integrated performance management market, Frost & Sullivan recognizes Yokogawa with the 2019 Global Customer Value Leadership Award for its differentiated solution offerings – Oprex Profit-driven Operation (PDO). This solution is expected to become the standard for managing global plant operations. It differentiates itself by assisting plant operators and engineers to collaboratively solve conflicting performance issues (e.g. production plan vs. energy conservation) in real-time before issues are reactively reported to plant management in a weekly/monthly meeting. The intrinsic capability of the solution to use operational health scores/indicators to model good behavior of operators, engineers and functional staffs drives customer stickiness and helps to change operator level and engineering level mindsets from status-quo operations to profit-driven operations.

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