Sensor Processing

Fueled by growing Cloud Deployments and Sensor Networks, according to Datamation, the Global Industrial IoT (IIoT) market reached $761.4 billion in 2020 and is expected to reach $1.39 trillion by 2026 at a 13.8% growth rate.  The largest growth in the past several years has been in the manufacturing, retail, and health care sectors, where IIoT technology has been deployed to automate processes, handle logistics, and track people.

AI & Machine Intelligence

According to International Data Corporation, revenues for the artificial intelligence (AI) market in 2021 are expected to exhibit a five-year compound annual growth rate (CAGR) of 17.5% with total revenues reaching $554.3 billion.  In contrast, according to Grand View Research, the global artificial intelligence market size was valued at USD 62.35 billion in 2020 and was projected to expand at a compound annual growth rate (CAGR) of 40.2% from 2021 to 2028.

Our Acceleration Solution

We have explored one of the biggest challenges being faced by sixteen IoT verticals, the inability to process, comprehend, and utilize all the data produced by large sensor networks in near real-time.  This need for mass, instant data flow and response is exemplified in the diagram produced by Dr. Kurt Zatloukal, University of Graz, Austria.  Where in his lecture he discusses the need for mass data flow to enable AI to achieve better healthcare interdiction.

Read more