Oil industry’s loss is IIoT’s gain in Canada

By Daniel Butler

Sun, 21 Jul 2019

    • Canada’s thriving industrial Internet of Things (IIoT) market is set to exceed USD$4.9 billion by the year 2018

 

    • The recent slump in energy prices and oil demand presented a challenge for IIoT innovation driven by natural resources investment

 

    • Canada’s transition from natural resources towards alternative areas of innovation has accelerated investment

 

    • Strategic exits are now dominating activity among burgeoning IIoT companies
Generic placeholder image
Daniel Butler

dan_butler1@hotmail.com

Related Articles

...

Robots 1 – Humans 0 : The r...

Thu, 24 Aug 2017

Alfred Gilbert

...

Kodak Launches Major Blockc...

Wed, 10 Jan 2018

Rebecca Lam

...

Brazil Implementing Climate...

Thu, 21 Jul 2016

Dan Butler

Subscribe to join our

NEWSLETTER:

EU CitizenNon-EU Citizen

Trending Now

...

NavVis raises $35.5 Million...

Rebecca Lam

...

4 Leaders in the Digital Tw...

Rebecca Lam

Oil industry’s loss is IIoT’s gain in Canada

By Daniel Butler

Sun, 21 Jul 2019

    • Canada’s thriving industrial Internet of Things (IIoT) market is set to exceed USD$4.9 billion by the year 2018

 

    • The recent slump in energy prices and oil demand presented a challenge for IIoT innovation driven by natural resources investment

 

    • Canada’s transition from natural resources towards alternative areas of innovation has accelerated investment

 

    • Strategic exits are now dominating activity among burgeoning IIoT companies
Generic placeholder image
Daniel Butler

dan_butler1@hotmail.com

Related Articles

...

Blockchain Set to Make Wave...

Mon, 8 Jan 2018

Rebecca Lam

...

The Adoption of Technology ...

Mon, 2 Jul 2018

Maria Onofrio

...

Carley Corrado, Founder of ...

Tue, 28 Aug 2018

Maria Onofrio

Subscribe to join our

NEWSLETTER:

EU CitizenNon-EU Citizen

Trending Now

...

NavVis raises $35.5 Million...

Rebecca Lam

...

4 Leaders in the Digital Tw...

Rebecca Lam