Latest news with #industrialIoT
Yahoo
6 days ago
- Business
- Yahoo
Dover Acquires Site IQ, Provider of Remote Monitoring for Fueling Sites
DOWNERS GROVE, Ill., Aug. 4, 2025 /PRNewswire/ -- Dover Corporation (NYSE: DOV) today announced that it has acquired Site IQ LLC ("SIQ"), which is now part of the Dover Fueling Solutions ("DFS") business unit within Dover's Clean Energy & Fueling segment. Headquartered in Lombard, Illinois, SIQ is an industrial internet of things company with a focus on remote monitoring of fueling sites. SIQ's hardware and software products expand Dover's ability to deliver a comprehensive solution that brings actionable intelligence and remote hardware service to retailers and service companies. "SIQ fulfills a need in the industry for an end-to-end solution that connects retailers and service companies with fuel dispensers," stated David Crouse, President of DFS. "This acquisition provides us with industry leading remote monitoring and analytics capabilities, which can reduce operating costs and improve efficiency of maintenance for our customers." Terms of the transaction were not disclosed. About Dover: Dover is a diversified global manufacturer and solutions provider with annual revenue of over $7 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions and Climate & Sustainability Technologies. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 70 years, our team of approximately 24,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV." Additional information is available at Forward-Looking Statements: This press release contains "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including statements regarding the anticipated effects of the transaction. All statements in this document other than statements of historical fact are statements that are, or could be deemed, "forward-looking" statements. Forward-looking statements are subject to numerous important risks, uncertainties, assumptions, and other factors, some of which are beyond the Company's control. Factors that could cause actual results to differ materially from current expectations include, among other things, general economic conditions and conditions in the particular markets in which we operate, changes in customer demand and capital spending, competitive factors and pricing pressures, our ability to develop and launch new products in a cost-effective manner, and our ability to realize synergies from newly acquired businesses. For details on the risks and uncertainties that could cause our results to differ materially from the forward-looking statements that may be contained herein, we refer you to the documents we file with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2024, and any subsequently filed Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. These documents are available from the SEC, and on our website, The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Investor Contact: Jack Dickens Vice President – Investor Relations (630) 743-2566 jdickens@ Media Contact: Adrian Sakowicz Vice President – Communications (630) 743-5039 asakowicz@ View original content to download multimedia: SOURCE Dover
Yahoo
30-07-2025
- Business
- Yahoo
SCADA Market worth $20.05 billion by 2030 - Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., July 30, 2025 /PRNewswire/ -- The global SCADA market is expected to grow from USD 12.89 billion in 2025 to USD 20.05 billion by 2030, with a compound annual growth rate (CAGR) of 9.2% according to a new report by MarketsandMarkets™. This growth is driven by the rising demand for smart control and monitoring solutions in critical infrastructure sectors like utilities, manufacturing, oil & gas, and transportation. As industries focus more on operational efficiency, dependability, and real-time data insights, SCADA systems are becoming crucial for managing complex and widespread assets. The market's expansion is also supported by advances in cloud integration, industrial IoT, and edge analytics, which improve the functionality and scalability of SCADA platforms. Increasing investments in smart infrastructure, along with a higher priority on automation and digital transformation, are speeding up SCADA implementation. Moreover, the growing need for strong cybersecurity measures and remote management features is influencing future system upgrades, establishing SCADA as a key technology for next-generation industrial ecosystems. Download PDF Brochure: Browse in-depth TOC on "SCADA Market" 237 – Tables87 – Figures295 – Pages SCADA Market Report Scope: Report Coverage Details Market Revenue in 2025 $ 12.89 billion Estimated Value by 2030 $ 20.05 billion Growth Rate Poised to grow at a CAGR of 9.2% Market Size Available for 2021–2030 Forecast Period 2025–2030 Forecast Units Value (USD Million/Billion) Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends Segments Covered By Offering, End User, and Region Geographies Covered North America, Europe, Asia Pacific, and Rest of World Key Market Challenge Vulnerability of SCADA systems to cybersecurity threats Key Market Opportunities Shift from on-premise SCADA infrastructure to cloud-based solutions Key Market Drivers Unprecedented scale of renewable energy deployment Software segment to hold significant share in the SCADA market during the forecast period The software segment is anticipated to maintain a significant share of the SCADA market throughout the forecast period. This is due to its essential role in providing system intelligence, data processing, and visualization. SCADA software solutions offer real-time monitoring, analytics, and control capabilities across a variety of industrial applications, making them crucial in today's automation environments. The increasing demand for these features further supports the growth of the software segment in the SCADA market. Utilities segment to capture a major share of the SCADA market, with power sector leading the growth The utilities segment is expected to gain a significant share of the SCADA market, driven by the increasing need for real-time monitoring, enhanced operational efficiency, and infrastructure upgrades across essential services. Utility providers in power, water, wastewater treatment, transportation, and telecommunications are progressively adopting SCADA systems to improve asset performance, ensure service reliability, and manage geographically dispersed networks. Among these, the power sector is likely to hold the largest market share, supported by rising investments in grid automation, renewable energy integration, and upgrades to aging substations and distribution infrastructure. SCADA plays a vital role in enabling dynamic load management, fault detection, and efficient energy distribution. The transportation sector follows closely, using SCADA solutions to optimize transit operations, monitor traffic systems, and maintain safety across complex transportation networks. As the demand for dependable and intelligent infrastructure continues to grow, the utilities segment is poised to remain a major focus of SCADA industry growth. Inquiry Before Buying: North America is expected to maintain a strong presence in the global SCADA market. Supported by its mature industrial sector, advanced digital infrastructure, and ongoing investment in automation technologies, the region is likely to capture a significant share during the forecast period. There has been consistent adoption of SCADA systems across key industries such as power generation, water and wastewater management, manufacturing, and transportation, where real-time monitoring and process optimization are critical. Companies like GE Vernova, Honeywell International Inc., Emerson Electric, and Rockwell Automation are actively shaping the SCADA landscape through technology upgrades, strategic partnerships, and customized industry solutions. The growing emphasis on grid resilience, energy efficiency, and predictive maintenance, along with efforts to modernize public infrastructure and utility networks, continues to fuel demand. As North American enterprises focus on operational transparency and system interoperability, the region remains a crucial hub for SCADA innovation and market expansion. Major companies operating in the SCADA companies are Rockwell Automation (US), Schneider Electric (France), ABB (Switzerland), Siemens (Germany), and Emerson Electric Co. (US) Get 10% Free Customization on this Report: Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting See More Latest Semiconductor Reports: Valve Positioner Market by Type (Pneumatic Positioners, Electro-pneumatic Positioners, Digital Positioners), Actuation (Single Acting Positioners, Double Acting Positioners), Industry (Oil & Gas, Energy & Power) and Region - Global Forecast to 2030 Environmental Remediation Market by Environmental Medium (Soil, Groundwater), Site Type (Private, Public), Technology (Air Sparging, Soil Washing, Chemical Treatment, Bioremediation, Electrokinetic Remediation, Excavation) - Global Forecast to 2030 About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter , LinkedIn and Facebook . Contact: Mr. Rohan SalgarkarMarketsandMarkets™ INC. 1615 South Congress 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Our Web Site: Insight: Source: Logo: View original content: SOURCE MarketsandMarkets Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Tahawul Tech
14-05-2025
- Business
- Tahawul Tech
Qualcomm partnership with Aramco Digital designed to unlock the next wave of digital transformation across the KSA
Qualcomm Technologies, Inc. and Aramco Digital announced their intent to enter into a strategic collaboration to develop, deploy and commercialize state-of-the-art edge AI industrial IoT technologies and solutions, which will drive the digital transformation of key industries in the Kingdom of Saudi Arabia. The collaboration also covers the development of AI industrial use-cases and service offerings. Aramco Digital will aim to develop and commercialize a range of advanced edge AI industrial devices and end-to-end solutions powered by products and services from Qualcomm Technologies. These solutions will help meet the specific requirements of various industry sectors in the Kingdom, and are designed to increase efficiency and productivity, enhance safety and sustainability, and enable new innovations in industrial-based services, from worker assistants to predictive maintenance, visual anomaly detection, asset management and more. The collaboration is intended to utilize Aramco Digital's 450 MHz 5G industrial network to connect intelligent edge devices powered by solutions from Qualcomm Technologies—including smartphones, rugged industrial devices, robots, drones, cameras, sensors, and other IoT devices. Aramco Digital and Qualcomm Technologies also plan to develop the capabilities to deploy, manage, and update AI models on Aramco Digital's edge AI devices. 'Through this MoU with Qualcomm Technologies, Aramco Digital further demonstrates its intent to contribute to the digital transformation of Saudi Arabia's industrial sectors, in alignment with Vision 2030. By combining cutting-edge AI and 5G technologies, we not only aim to enable smarter solutions but also lay the foundation for a safer, more efficient, and sustainable future for industries across the Kingdom. This MoU highlights Aramco Digital's continued efforts to shape Saudi Arabia's digital landscape and reinforce its leadership in industrial innovation,' said Nabil A. Al Nuiam, chief executive officer, Aramco Digital. 'Our collaboration with Aramco Digital underscores our shared vision of accelerating innovation in advanced edge AI technologies and 5G. Combining our expertise in on-device AI, wireless connectivity and power-efficient computing with Aramco Digital's 5G 450 MHz industrial network and extensive experience in the energy industry will enable rapid development of advanced industrial IoT solutions to drive the next wave of digital transformation in the Kingdom of Saudi Arabia,' said Cristiano Amon, president and chief executive officer, Qualcomm Incorporated. The two companies agreed on this strategic cooperation during the Saudi-US Investment Forum in Riyadh, taking place as part of the official visit of President of the United States Donald Trump to the Kingdom of Saudi Arabia.
Zawya
14-05-2025
- Business
- Zawya
Qualcomm and Aramco Digital to drive industry transformation through commercialization of advanced edge AI for industrial IoT
RIYADH – Qualcomm Technologies, Inc. and Aramco Digital announced their intent to enter into a strategic collaboration to develop, deploy and commercialize state-of-the-art edge AI industrial IoT technologies and solutions, which will drive the digital transformation of key industries in the Kingdom of Saudi Arabia. The collaboration also covers the development of AI industrial use-cases and service offerings. Aramco Digital will aim to develop and commercialize a range of advanced edge AI industrial devices and end-to-end solutions powered by products and services from Qualcomm Technologies. These solutions will help meet the specific requirements of various industry sectors in the Kingdom, and are designed to increase efficiency and productivity, enhance safety and sustainability, and enable new innovations in industrial-based services, from worker assistants to predictive maintenance, visual anomaly detection, asset management and more. The collaboration is intended to utilize Aramco Digital's 450 MHz 5G industrial network to connect intelligent edge devices powered by solutions from Qualcomm Technologies—including smartphones, rugged industrial devices, robots, drones, cameras, sensors, and other IoT devices. Aramco Digital and Qualcomm Technologies also plan to develop the capabilities to deploy, manage, and update AI models on Aramco Digital's edge AI devices. 'Through this MoU with Qualcomm Technologies, Aramco Digital further demonstrates its intent to contribute to the digital transformation of Saudi Arabia's industrial sectors, in alignment with Vision 2030. By combining cutting-edge AI and 5G technologies, we not only aim to enable smarter solutions but also lay the foundation for a safer, more efficient, and sustainable future for industries across the Kingdom. This MoU highlights Aramco Digital's continued efforts to shape Saudi Arabia's digital landscape and reinforce its leadership in industrial innovation,' said Nabil A. Al Nuiam, chief executive officer, Aramco Digital. 'Our collaboration with Aramco Digital underscores our shared vision of accelerating innovation in advanced edge AI technologies and 5G. Combining our expertise in on-device AI, wireless connectivity and power-efficient computing with Aramco Digital's 5G 450 MHz industrial network and extensive experience in the energy industry will enable rapid development of advanced industrial IoT solutions to drive the next wave of digital transformation in the Kingdom of Saudi Arabia,' said Cristiano Amon, president and chief executive officer, Qualcomm Incorporated. The two companies agreed on this strategic cooperation during the Saudi-US Investment Forum in Riyadh, taking place as part of the official visit of President of the United States Donald Trump to the Kingdom of Saudi Arabia. About Qualcomm Qualcomm relentlessly innovates to deliver intelligent computing everywhere, helping the world tackle some of its most important challenges. Building on our 40 years of technology leadership in creating era-defining breakthroughs, we deliver a broad portfolio of solutions built with our leading-edge AI, high-performance, low-power computing, and unrivaled connectivity. Our Snapdragon® platforms power extraordinary consumer experiences, and our Qualcomm Dragonwing™ products empower businesses and industries to scale to new heights. Together with our ecosystem partners, we enable next-generation digital transformation to enrich lives, improve businesses, and advance societies. At Qualcomm, we are engineering human progress. Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of our engineering and research and development functions and substantially all of our products and services businesses, including our QCT semiconductor business. Snapdragon and Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Qualcomm patents are licensed by Qualcomm Incorporated. About Aramco Digital Aramco Digital is the digital and technology subsidiary of Aramco, a global integrated energy and chemicals company. Aramco Digital aims to help drive digital transformation and technological innovation across various sectors.
Zawya
14-05-2025
- Business
- Zawya
Qualcomm and Aramco Digital to drive industry transformation
RIYADH – Qualcomm Technologies, Inc. and Aramco Digital announced their intent to enter into a strategic collaboration to develop, deploy and commercialize state-of-the-art edge AI industrial IoT technologies and solutions, which will drive the digital transformation of key industries in the Kingdom of Saudi Arabia. The collaboration also covers the development of AI industrial use-cases and service offerings. Aramco Digital will aim to develop and commercialize a range of advanced edge AI industrial devices and end-to-end solutions powered by products and services from Qualcomm Technologies. These solutions will help meet the specific requirements of various industry sectors in the Kingdom, and are designed to increase efficiency and productivity, enhance safety and sustainability, and enable new innovations in industrial-based services, from worker assistants to predictive maintenance, visual anomaly detection, asset management and more. The collaboration is intended to utilize Aramco Digital's 450 MHz 5G industrial network to connect intelligent edge devices powered by solutions from Qualcomm Technologies—including smartphones, rugged industrial devices, robots, drones, cameras, sensors, and other IoT devices. Aramco Digital and Qualcomm Technologies also plan to develop the capabilities to deploy, manage, and update AI models on Aramco Digital's edge AI devices. 'Through this MoU with Qualcomm Technologies, Aramco Digital further demonstrates its intent to contribute to the digital transformation of Saudi Arabia's industrial sectors, in alignment with Vision 2030. By combining cutting-edge AI and 5G technologies, we not only aim to enable smarter solutions but also lay the foundation for a safer, more efficient, and sustainable future for industries across the Kingdom. This MoU highlights Aramco Digital's continued efforts to shape Saudi Arabia's digital landscape and reinforce its leadership in industrial innovation,' said Nabil A. Al Nuiam, chief executive officer, Aramco Digital. 'Our collaboration with Aramco Digital underscores our shared vision of accelerating innovation in advanced edge AI technologies and 5G. Combining our expertise in on-device AI, wireless connectivity and power-efficient computing with Aramco Digital's 5G 450 MHz industrial network and extensive experience in the energy industry will enable rapid development of advanced industrial IoT solutions to drive the next wave of digital transformation in the Kingdom of Saudi Arabia,' said Cristiano Amon, president and chief executive officer, Qualcomm Incorporated. The two companies agreed on this strategic cooperation during the Saudi-US Investment Forum in Riyadh, taking place as part of the official visit of President of the United States Donald Trump to the Kingdom of Saudi Arabia. About Qualcomm Qualcomm relentlessly innovates to deliver intelligent computing everywhere, helping the world tackle some of its most important challenges. Building on our 40 years of technology leadership in creating era-defining breakthroughs, we deliver a broad portfolio of solutions built with our leading-edge AI, high-performance, low-power computing, and unrivaled connectivity. Our Snapdragon® platforms power extraordinary consumer experiences, and our Qualcomm Dragonwing™ products empower businesses and industries to scale to new heights. Together with our ecosystem partners, we enable next-generation digital transformation to enrich lives, improve businesses, and advance societies. At Qualcomm, we are engineering human progress. Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of our engineering and research and development functions and substantially all of our products and services businesses, including our QCT semiconductor business. Snapdragon and Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Qualcomm patents are licensed by Qualcomm Incorporated. About Aramco Digital Aramco Digital is the digital and technology subsidiary of Aramco, a global integrated energy and chemicals company. Aramco Digital aims to help drive digital transformation and technological innovation across various sectors.
