Markus Oberlin, CEO, Farnek, said: “These latest contract wins recognise our security expertise and our understanding of the needs and demands of clients across a variety of sectors along with with new adopted technologies.”

“It is kind of scary for those of us representing the incumbent player,” TronderEnergie Chief Digital Officer, Svein Erik Jorgensen said in a recent IFS MindFuel event on the energy and utilities industry. “Behind-the-meter technology for local production and storage of energy optimization is really advancing at a rapid pace while the prices for these local authorities are steadily declining.”

LG’s Video Conferencing Platform is designed to fulfil the growing demand for effective tools for non-face-to-face diagnosis and medical consultation in the healthcare sector. The technology, which delivers high-quality audio and video, integrates with PC web browsers, mobile devices, and the Internet of Things (IoT), allowing direct peer-to-peer communication without the need for additional plugins or apps.

There are many reasons why new technologies can initially flatter to deceive. It can simply be executed in the wrong way – possibly because the skills do not yet exist to design solutions and troubleshoot problems. Digital transformation is one such example, where businesses feel held back by a lack of skills to implement new technology.

What started as a hi-tech trend for a select few industries has grown into a best practice for large enterprises and smaller companies in field service management services.