Industrial metaverse - from industrial IoT to holistic digital twins of operations (2023 Prediction #10)

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Industrial metaverse - from industrial IoT to holistic digital twins of operations (2023 Prediction #10)

Posted on January 31, 2023

The metaverse currently stands for the vision of a digital universe with many different virtual worlds where people can “live” an immersive, real-time experience. To bring this visionary topic down to earth, we have chosen a more basic defin...

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Dutch employer organization emphasizes greater need for digital investments

Posted on January 31, 2023

The Confederation of Netherlands Industry and Employers (known as VNO-NCW), the largest employers'​ organization in the country, has urged the need for new digital investments and highlighted key areas under pressure.

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Shakeup of the vendor landscape and new initiatives around open-source-based industrial IoT platforms

Posted on January 12, 2023

Open-source-based industrial IoT platforms have a clear focus on leveraging open-source technologies for large-scale IoT deployments across industrial, mobile, and other enterprise-related use cases. As the market for IoT platforms is maturing, we observe that open-source-based industrial IoT becomes a relevant alternative in the market. ...

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Fields of digital innovation: blockchain, quantum, VR/AR - VI

Posted on January 11, 2023

Cloud, IoT, and analytics are highly dynamic but widely established building blocks of digital innovation. In addition, less mature, or even newly emerging technologies are considered as important milestones of digital innovation, such as blockchain technology, augmented/virtual reality (AR/VR), and quantum computing.

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Fields of digital innovation: AI/ML - V

Posted on January 9, 2023

Machine learning (ML) and artificial intelligence (AI) technologies can be used to address many of the identified targets of digital innovation, namely improved customer experience, security, efficiency, and sustainability, by complementing human abilities in a variety of areas, such as perception and understanding, reasoning and ...

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Fields of digital innovation: the Internet of Things - IV

Posted on December 19, 2022

Better use of data, a reduction in security risks and error or failure rates, more transparent and resilient supply chains, and improved quality of products and services are among the most frequently mentioned central goals in our survey when it comes to digital innovation strategies. Improved customer experience, security, efficiency, and ...

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Fields of digital innovation: analytics & data management - III

Posted on December 16, 2022

As our survey has shown, organizations continue to invest in digital innovation to improve products and services, customer service and support, as well as organizational agility and efficiency, and supply chain transparency. As data is at the heart of any digital transformation, better use of data is the most frequently stated goal of ...

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The enabling technologies behind digital innovation - II

Posted on December 7, 2022

The role of the cloud

Organizations from all sectors are gearing up for their digital future. And they are doing so by investing massively in data-centric and eco-system-oriented platforms. And most of these developments are taking place in a public cloud. Among the surveyed organizations, no more than 25% does not yet use public cloud ...

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Goals, drivers, and obstacles of digital innovation - I

Posted on November 29, 2022

What makes decision-makers invest in transformation and innovation, even in uncertain times?

The pandemic has highlighted the growing importance of digitalization. Companies with a highly digitized business model were the winners during the crisis, whereas more traditional organizations had to react quickly and had to transform themselves ...

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The Genesys G-Summit for UK&I demonstrated the importance of experience orchestration

Posted on October 10, 2022

PAC recently had the opportunity to attend a Genesys UK&I event, the customer experience (CX) and contact centre software company, to learn more about their products and how they support organisations’ CX journeys.

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Managing Wind and Solar Farms With the Help of IoT

Posted on September 29, 2022

The energy sector is considered to be one of the most polluting industries. Given the climate targets that various companies and countries have set for themselves for the coming decades, energy suppliers must be on their toes. The industry has to change to adapt to stricter, more climate-friendly regulations and shifting customer ...

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Le numérique, principal moyen d’optimiser les coûts du secteur des transports

Posted on September 22, 2022

Dans l'ensemble, la pandémie a frappé plus durement le secteur des transports que la plupart des autres secteurs.

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PAC at Digital X 2022

Posted on September 15, 2022

This year’s Digital X was a full success. Like no other event, the venues were scattered all across downtown Cologne, in small restaurants and shops brightly lit in the magenta color. Let the numbers speak for themselves: more than 70,000 visitors were swarming around the streets, having a choice of more than 200 German and international ICT ...

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TeamViewer joins forces with Siemens to realize the industrial metaverse

Posted on August 12, 2022

In late July 2022, TeamViewer held a press event on the topic of “industrial metaverse” at its headquarters in Göppingen, Germany. At the event, TeamViewer announced a new strategic partnership with Siemens Digital Industries Software. The two companies share a joint vision to realize the industrial metaverse. In a first step, the two ...

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Metaverse – a market with potential

Posted on July 5, 2022

The renaming of Facebook to Meta in October 2021 and the subsequent announcement by the social network giant to invest in the so-called “metaverse” was probably the last push that most tech and IT enthusiasts needed in order to read up on this fantastical virtual world. But is it really that fantastical? And what exactly is it, anyway?

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Hannover Messe International (HMI) 2022 - 7 key takeaways from PAC Analyst Arnold Vogt

Posted on June 8, 2022

It was a pleasure to return to Hannover Messe, for me personally and for many others I met at the fair. For all those who were not able to join “post-Covid HMI”, I will summarize my key findings (my personal focus was mainly centered around industrial IoT/digital factory).

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Adjusted market scenarios

Posted on May 24, 2022

We have just started publishing adjusted market scenarios, which reflect the current market situation in May 2022. In the end, we maintain our overall growth scenario for 2022 for the time being. However, we have made slight adjustments in some industries and countries, and we will closely monitor the situation and make further adjustments ...

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AR/VR market consolidation and big new visions go hand in hand

Posted on February 22, 2022

In the past, the evolution of markets would happen in sequences, in waves of consolidation and innovation. In today’s high-speed markets, these waves of consolidation and innovation arrive faster and increasingly happen simultaneously. One example in this context is the market for AR/VR solutions.

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Will the new coalition agreement in Germany open up concrete areas for digital investment?

Posted on December 10, 2021

On November 26, 2021, the coalition agreement was presented by the Social Democratic Party (SPD), the Liberal Democratic Party (FDP), and the Greens. PAC recently reviewed it in more detail in an Expert View report with respect to digitalization and potential investment areas. The bar has been set high, but only concrete action will show ...

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Figure of the day: Collaboration with partners around 5G initiatives

Posted on November 11, 2021

According to PAC, 63% of enterprises will need to work with partners to support their 5G initiatives to varying extents.

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Figure of the day: Investment in 5G - CxO survey - worldwide

Posted on October 28, 2021

39% of companies we surveyed for the CxO Investment Survey worldwide plan to invest in 5G within the next 2 years.

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