Nokia has announced that it has declared more than 3,000 patent families to the European Telecommunications Standards Institute (ETSI) as essential for the 5G standard.
Digital transformation creates massive savings for businesses with a newly released study showing that digitisation of engineering processes can save businesses and organisations an average of 35% in capex costs and time optimisation – and commissioning costs of new systems and assets can be reduced by an average of 29%.
Listed networking solutions provider NetComm Wireless has turned around the business from a loss in 2017 to a profit of $8 million for the full-year 2018 on the back of a 69% revenue increase to $181.7 million.
The Industrial Internet of Things is set to make a sizeable contribution to the global economy, with a newly published report estimating IIoT companies will boost their revenues by an average US$154 million by 2023.
The University of Sydney is developing a 5G network dedicated to support the Industrial internet of Things (IIoT) which it says involves building new ICT infrastructure with high standards of reliability, latency, security, and interoperability.
The Industrial Internet Consortium (IIC), the global, public-private organisation formed to accelerate adoption of the Industrial Internet of Things (IIoT), has published the Industrial Internet Security Framework (IISF), a common security framework that addresses security issues in IIoT systems.
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