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Elisa buys German software firm camLine to spur Industry 4.0 charge

Finnish mobile operator Elisa is to acquire Germany-based industrial software provider camLine Group, in order to enhance its smart manufacturing expertise and portfolio. The fee has not been disclosed; Elisa restated its strategy to expand beyond localised mobile services, in Finland, to capture an international audience with...

Spending on factory data apps and analytics to rise 50% to $27bn in five years

Spending on factory data applications will grow from $18 billion in 2019 to just over $27 billion in 2024, a rise of 50 per cent in the period, according to analyst house ABI Research. The industrial and manufacturing sector is seeking to upgrade software...