TRENDING
M
anufacturing and
transportation are the
vertical industries leading
the way in terms of IoT investment
in MEA, with both expected to
spend an estimated $1.1 billion
each in 2016. The next largest
industry, utilities, is expected to see
IoT investments of almost $800
million this year. The IoT use cases
receiving the greatest levels of
investment from MEA organisations
across these three industries are:
• Manufacturing operations,
which supports digitally-
executed manufacturing, or how
manufacturers use intelligent
and interconnected input/output
tools (sensors, actuators, drives,
vision/video equipment etc.) to
enable different components
in the manufacturing field (e.g.
machine tools, robots, conveyor
belts) to autonomously exchange
information, trigger actions, and
control each other independently.
• Freight monitoring, which
uses RFID, GPS, GPRS, and
GIS technologies to create an
intelligent, Internet-connected
transportation system. This
system carries out the intelligent
recognition, location, tracking, and
monitoring of freight and cargo by
exchanging information and real-
time communications via wireless,
satellite, or other channels.
LOOKING ACROSS
ALL INDUSTRIES IN
THE MEA REGION,
FREIGHT MONITORING
WILL RECEIVE THE
GREATEST LEVEL OF
IOT INVESTMENT
THROUGHOUT THE
FORECAST PERIOD,
FOLLOWED BY SMART
GRID (ELECTRICITY)
AND MANUFACTURING
OPERATIONS
www.intelligentcio.com
INTELLIGENTCIO
17