The pace of technological progress shows no signs of slowing and we are eagerly anticipating advancements in the coming year especially as they relate to automation, IIoT and manufacturing. From smarter factories to interconnected healthcare systems, 2024 is poised to showcase the transformative power of technology in redefining how we work, produce, and care for our well-being.
AIoT in Healthcare
AIoT platforms are expected to experience an astonishing compound annual growth rate (CAGR) of 37.7% from 2022 to 2027. This surge will elevate the market from a modest $3.7 billion in 2022 to an astounding $24.9 billion by 2027.
At Medica 2023, StethoCloud introduces a groundbreaking AIoT wearable stethoscope revolutionizing heart health monitoring. Its ultra-slim design ensures comfort and seamless integration into daily life. The device, surpassing traditional stethoscopes, not only offers a user-friendly interface but also conducts health trend analysis, multiple metrics assessment, and real-time anomaly detection. In emergencies, it prompts immediate medical attention by sending alerts. dBio’s StethoCloud, weighing just 15 grams, records heart sounds continuously, marking a significant leap in wearable health technology, providing uninterrupted cardiovascular insights unmatched by conventional stethoscopes.
IoT Cloud Cloud computing is crucial in transforming industrial operations, enhancing customer experiences, refining processes, and enabling agile responses to changing market demands. An IoT cloud provides the network support that IoT devices need, including the underlying infrastructure, servers, storage and services necessary for connecting, managing, and securing IoT devices. IoT Cloud becomes the key technologies that form the foundation of IoT. Manufacturers, IoT device makers anticipate substantial benefits from IoT Cloud deployments, which offer remote access to critical data, remote device management, enabling informed decision-making and predictive actions.
The manufacturing industry is actively transitioning towards Industry 4.0, embracing the concept of smart factories to combat economic challenges. Leveraging digital technologies like AI, 5G, IoT, data analytics, and cloud computing within production environments promises real-time insights, enhanced visibility, and scalable solutions. This shift aims to address labor market constraints, rising costs, and supply chain pressures by emphasizing agility, resilience, and efficiency. Smart factories offer numerous benefits, including improved asset efficiency, labor productivity, product quality, cost reduction, and advancements in safety and sustainability.
Robotics in Manufacturing Automation
Danish robotics manufacturer, Universal Robots, has unveiled the UR30, a new 66-pound-payload robotic arm expanding its collaborative robot (cobot) lineup. Primarily aimed at industrial use, the UR30 is versatile, handling tasks like machine tending, material handling, and high torque screw driving. Introduced at the iREX trade fair in Tokyo, the UR30 stands out due to its compact size and robust payload capabilities. Weighing 138 pounds, it can bear payloads of up to 66 pounds, designed for easy installation even in constrained spaces.
The global housing shortage has prompted a move toward manufactured modular housing, driving the need for increased automation in construction. Labor shortages in construction are contributing to this crisis, with the U.S. facing a shortfall of about four million homes. ABB Robotics and Porsche Consulting are collaborating to introduce automation into construction, aiming to revolutionize the industry by making housing more affordable, sustainable, and efficient.
Estone: Your Partner in New Technology
Whether your company is seeking a rugged tablet that can withstand falls and extreme temps, or an intelligent multi-touch screen panel that can be integrated into your specific prototype, Estone Technology can help. It is our specialty to take your preliminary and requirements and manufacture it to your vision.