Oil industry’s loss is IIoT’s gain in Canada
By Daniel Butler
Tue, 18 Feb 2025
- 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
Related Articles
Sun, 1 May 2016
James Rodrigo
Tue, 18 Feb 2025
Tatiana A. Dias
Oil industry’s loss is IIoT’s gain in Canada
By Daniel Butler
Tue, 18 Feb 2025
- 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
Related Articles
Tue, 9 Jan 2018
Rebecca Lam
Tue, 21 Jun 2016
Dan Butler
