Updated research from Interact Analysis shows the geared motors and industrial gears market experienced strong growth in 2021. The market expanded by 16 percent last year, with the sharp rise driven by price increases. On average, the selling price for geared motors and gearboxes increased by 7.8 percent in 2021, with further price rises forecast in 2022. 

Applied Flow Technology (AFT) has expanded their team with the hire of two new engineers and one software developer to join their pipe flow modeling team. 

Industrial Internet of Things (IIoT) helps streamline processes by creating communication networks between different components of an industry. However, these IIoT systems are also prone to security threats which need to be addressed to ensure a safe Industry 4.0 revolution. Researchers from INU developed an AI-based convolutional neural network architecture that can classify malware attacks in 5G-enabled IIoT systems.