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

By Daniel Butler

Mon, 3 Oct 2022

    • 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

...

Brazil’s Interim President,...

Tue, 5 Jul 2016

Dan Butler

...

Augmate’s ICO Success

Mon, 3 Sep 2018

Rebecca Lam

...

UK firm Utilitywise partner...

Mon, 3 Oct 2022

Daniel Butler

Subscribe to join our

NEWSLETTER:

EU CitizenNon-EU Citizen

Trending Now

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

By Daniel Butler

Mon, 3 Oct 2022

    • 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

...

STEM: Why is it important a...

Thu, 13 Jul 2017

Tatiana A. Dias

...

IoT Implementation Challeng...

Wed, 14 Feb 2018

Jacob Williams

...

6 Biotechnology Experts in ...

Fri, 26 Oct 2018

Rebecca Lam

Subscribe to join our

NEWSLETTER:

EU CitizenNon-EU Citizen

Trending Now