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

By Daniel Butler

Mon, 27 Apr 2026

    • 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

...

Weather Trends Internationa...

Wed, 30 May 2018

Rebecca Lam

...

Bank of Brazil Approves R$1...

Fri, 8 Jul 2016

Dan Butler

...

A Beginner’s Guide to ICO I...

Thu, 15 Feb 2018

Rebecca Lam

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

Mon, 27 Apr 2026

    • 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

...

The Importance of Digital T...

Thu, 4 Oct 2018

Rebecca Lam

...

Karl Gutbrod, CEO of meteob...

Wed, 29 Aug 2018

Maria Onofrio

...

Top Tips On How To Pitch Bu...

Mon, 27 Apr 2026

Jacob Williams

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