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Business Wire
28-05-2025
- Business
- Business Wire
mPACT2WO's mRegz™ AirCompliance Simplifies Fenceline Monitoring and Compliance for Operators
LISLE, Ill.--(BUSINESS WIRE)-- mPACT2WO, a Molex business, empowering industrial operators to enhance their daily decisions with easy-to-adopt, early-detection digital solutions, recently showcased its mRegz™ AirCompliance solution in a problem-solving case study with CITGO. This industrial grade early-detection solution enabled CITGO to expand its emissions monitoring program at the Corpus Christi facility, aligning with forthcoming EPA Hazardous Organic NESHAP (HON) requirements. Adrian Araiza, Corporate Environmental Services Manager at CITGO, explained, 'By utilizing state-of-the-art technology from mPACT2WO, CITGO ensures that our fenceline monitoring not only meets regulatory standards but also sets new benchmarks in safety and environmental responsibility.' Facing public concerns about the impact of increased emissions following its permit application to expand operations, CITGO sought a precise solution. Partnering with mPACT2WO, CITGO implemented a technology that swiftly and accurately detects emission sources, ensuring early identification and effective response to potential leaks. mPACT2WO's solution-as-a-service technology focuses on the early detection of emissions, enabling timely corrective actions. By identifying issues before they escalate, this proactive approach helps industrial sites avoid unexpected and exception-prone emissions. The potential benefits include enhanced site safety, compliance validation, risk reduction, and improved operational efficiency. CITGO successfully implemented mPACT2WO's cutting-edge mRegz™ AirCompliance system, which incorporates advanced photoionization detector (PID) sensors and analytics. This state-of-the-art solution offers unparalleled early detection capabilities, precisely measuring emissions at parts per billion (PPB) levels and accurately detecting leak sources to enable quick root-cause analysis. By leveraging real-time data and critical insights, CITGO identified emission sources beyond the fenceline. This empowered CITGO to propose an innovative alternative monitoring plan that not only met EPA regulatory standards but also helped secure permits by addressing community concerns and enhancing marine terminal throughput. 'By leveraging real-time AI and state-of-the-art sensors with mRegz™ AirCompliance, we were able to identify the sources of the increased emissions for our customer,' said Krishna Uppuluri, vice president and general manager at mPACT2WO. 'Our goal is to help operators optimize emissions monitoring and reduce risks at their plants through real-time data identification. We are proud to have supported CITGO in achieving these objectives.' The mPACT2WO solution leverages AIoT (Artificial Intelligence of Things) to transform large, noisy datasets into smaller, more actionable insights for operators. By utilizing advanced algorithms and real-time data processing, operators can make informed decisions quickly and efficiently, freeing them from the burden of data management. This empowers boots-on-the-ground teams to detect anomalies early, perform root-cause analysis efficiently, and take timely corrective actions. mRegz™ AirCompliance offers a holistic solution for fenceline monitoring, LDAR (leak detection and repair), tank farms, pipelines, terminals, process safety, unmanned remote sites and other community-partnership initiatives. For more information on how mPACT2WO's emissions monitoring solution can help process industries augment compliance for EPA HON standards, visit To learn more about mPACT2WO's suite of AIoT-enabled early detection solutions, visit About mPACT2WO, a Molex Business mPACT2WO, a Molex business, empowers industrial operators to enhance their daily decisions with easy-to-adopt, early-detection digital solutions. By bringing the simplicity and usability of consumer apps to industrial operations, the operator-first approach accelerates boots-on-the-ground transformation to enhance operational efficiency, compliance and safety while reducing over-monitoring and over-maintenance. The solutions are enabled by NextGen sensors, intelligent data analytics, and operator-trusted insights with operator-familiar work processes. mPACT2WO solutions for emissions and corrosion monitoring helps industrial sites reduce emissions, enhance process safety, and avoid unexpected corrosion and unplanned maintenance. For more information, visit or connect with us on LinkedIn.
Yahoo
17-04-2025
- Business
- Yahoo
AIoT Markets, 2030 by Technology (ML, NLP, Computer Vision, Context Aware AI), Platforms (Device Management, Application Enablement Platforms, Connectivity Management, Cloud, IoT Advanced Analytics)
AIoT Market Projected to Soar from USD 18.37 Billion to USD 79.13 Billion by 2030The AIoT market is set to surge from USD 18.37 billion in 2024 to USD 79.13 billion by 2030, growing at a CAGR of 27.6%. Key drivers include the increasing integration of AI in IoT devices across manufacturing, healthcare, and smart cities, enhanced by 5G connectivity and cloud computing advancements. Professional services will dominate market size; managed services promise the fastest growth. Asia Pacific will lead regional growth due to rapid technology adoption. Major players like IBM, Cisco, and Microsoft drive market expansion through strategic partnerships and innovations. AIoT Market Dublin, April 17, 2025 (GLOBE NEWSWIRE) -- The "AIoT Market by Technology (ML, NLP, Computer Vision, Context Aware AI) and Platforms (IoT Device Management, IoT Application Enablement Platforms, IoT Connectivity Management, IoT Cloud, IoT Advanced Analytics) - Global Forecast to 2030" has been added to offering. The Artificial Intelligence of Things (AIoT) market is anticipated to experience significant growth, with estimations suggesting a leap from USD 18.37 billion in 2024 to USD 79.13 billion by 2030, reflecting a robust Compound Annual Growth Rate (CAGR) of 27.6% This expansion is driven by the increasing deployment of IoT devices across key sectors including manufacturing, healthcare, and smart cities. The integration of artificial intelligence (AI) into these devices enables enhanced data analysis and decision-making processes, made increasingly effective through advanced analytics and machine learning techniques. Emerging 5G technology further propels this growth by improving connectivity and reducing latency, thus fostering the development of smart home devices and cloud computing advancements. The region-specific analysis forecasts Asia Pacific to command the highest growth rate, driven by countries like China, Japan, and India that are investing heavily in innovative AIoT technologies. Professional Services Segment Leads Market ShareThe professional services segment, encompassing deployment and integration, support and maintenance, as well as training and consulting, holds a significant market share. Industries often lack the internal expertise required to implement AIoT systems, prompting them to outsource these tasks to specialized firms. This trend underscores the critical role of professional services in planning, designing, and maintaining AIoT frameworks. Managed Services Segment Exhibits Fastest GrowthThe managed services segment is set to register the fastest growth, enabling companies to maintain competitive market positions. By outsourcing managed services, businesses can manage task overload and streamline processes. These services offer technical expertise for sustaining and upgrading AIoT ecosystems, ensuring efficient operation management. The segment's rapid CAGR is bolstered by increased demand for outsourced managed services. Emerging players in the managed services space are integrated facility management consultancies and round-the-clock help desks, playing crucial roles in meeting consumer demands promptly. Asia Pacific's Market TrajectoryThe Asia Pacific region is projected to register the highest growth rate, attributed to its dynamic embrace of progressive technology solutions. The commercial roll-out of IoT technology and the ongoing development of AIoT platforms highlight the region's commitment to maximizing technological benefits. Significant focus is observed in sectors such as mobility and transportation, energy and utilities, and healthcare and life sciences. In-depth interviews were conducted with industry leaders, providing a comprehensive perspective of the AIoT market's competitive landscape. These interviews involved chief executive officers (CEOs), directors, and other key executives, providing insights into strategy formulation and market positioning across various geographies: North America (30%), Europe (25%), Asia Pacific (35%), and the Rest of the World (10%). Notable market players include IBM (US), Cisco (US), Amazon Web Services (AWS) (US), Google (US), Microsoft (US), Oracle (US), Hewlett Packard Enterprise (HPE) (US), Intel (US), Hitachi (Japan), and SAP (Germany). These companies are employing strategic measures such as partnerships, new product launches, and acquisitions, to augment their market presence. Research Scope and Market InsightsThe research entails a thorough examination of the AIoT market size across segments including offerings, technologies, deployment types, and vertical markets across regions. Key findings reveal insightful analysis on the primary market drivers (data growth from IoT devices, demand for automation), restraints (high implementation costs), and opportunities (IoT investments). Product Development/Innovation: Insights into emerging technologies, R&D activities, and AIoT service launches. Market Development: Geographical and sector-specific opportunities, enhancing regional penetration strategies. Market Diversification: Data on new markets, untapped geographical expansions, and novel investments. Competitive Assessment: Detailed evaluation of market shares, business strategies, and service offerings from industry leaders. Key Attributes: Report Attribute Details No. of Pages 343 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $18.37 Billion Forecasted Market Value (USD) by 2030 $79.13 Billion Compound Annual Growth Rate 27.6% Regions Covered Global Market Dynamics Drivers Exponential Growth of Data from IoT Devices Demand for Automation and Enhanced Operational Efficiency Rising Need to Provide Improved User Experiences and Personalization Restraints High Costs of Implementation Limited Interoperability and Fragmented Standards Opportunities Increasing Investments in Internet of Things (IoT) Growing Need for Advanced Security Solutions Challenges Lack of Skills and Awareness Related to Aiot Technologies Data Privacy and Security Concerns Industry Trends Brief History of Aiot Market 2000-2010 2010-2020 2020-Present Disruptions Impacting Buyers/Customers in Aiot Market Pricing Analysis Average Selling Price Trend Among Key Players, by Offering Indicative Pricing Analysis of Aiot Supply Chain Analysis Ecosystem/Market Map Technology Analysis Key Technologies Machine Learning (ML) Natural Language Processing (Nlp) Computer Vision Adjacent Technologies Edge Computing Cloud Computing Complementary Technologies 5G Blockchain Digital Twin Patent Analysis Methodology Use Cases Case Study 1: Suez Improved Its Production Quality Control with AI and IoT Solutions Case Study 2: US-based Global Manufacturer of Professional Factory Grade Systems Used Orion's Aiot Solutions to Track System Anomalies Case Study 3: Alibaba Cloud's Et City Brain Solution Helped City Administrators in Hangzhou Analyze Traffic Data Key Conferences & Events, 2024-2025 Current and Emerging Business Models Best Practices of Aiot Market Tools, Frameworks, and Techniques Future Landscape of Aiot Market Aiot Technology Roadmap Till 2030 Short-Term Roadmap (2024-2025) Mid-Term Roadmap (2026-2028) Long-Term Roadmap (2029-2030) Regulatory Landscape Regulatory Bodies, Government Agencies, and Other Organizations General Data Protection Regulation Health Insurance Portability and Accountability Act Federal Trade Commission Federal Communications Commission International Organization for Standardization/International Electrotechnical Commission Standards Iso/Ice Jtc Iso/Iec Jtc 1/Sc Iso/Iec Jtc1/Sc3 Iso/Iec Jtc1/Sc2 European Committee for Standardization Cen/Cenelec National Institute of Standards and Technology North America US Canada Europe Asia-Pacific China Japan India Middle East & Africa GCC Countries South Africa Latin America Brazil Porter's Five Forces Model Threat of New Entrants Threat of Substitutes Bargaining Power of Suppliers Bargaining Power of Buyers Intensity of Competitive Rivalry Key Stakeholders and Buying Criteria Key Stakeholders in Buying Process Buying Criteria Company Valuation, Investment, and Funding Scenario Introduction to Artificial Intelligence and Generative AI Impact of Generative AI on Aiot Use Cases of Generative AI in Aiot Future of Generative AI in Aiot Company Profiles IBM Cisco Aws Google Microsoft Oracle Hpe Intel Hitachi SAP Tencent Sharp Global Ptc Sas Telit Cinterion Robert Bosch Axiomtek Softweb Solutions Wiliot Relayr Terminus Group C3 IoT Clearblade Semifive Falkonry Uptake Butlr For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment AIoT Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
