Analyst firm Frost and Sullivan estimates that revenue from SCADA systems and services will reach annual revenues of US$215 million in Australia and New Zealand by 2018, a $65 million increase from 2012 driven by increasing demands from resources industries such as water and mining. More businesses are turning to clean energy, such as solar and hydroelectric, to help with the challenge of scarce resources, and SCADA systems to have a key role in collecting data, monitoring processes and equipment in these sectors, Frost and Sullivan analyst Krishnan Ramanathan said. However, many SCADA systems, especially legacy systems, are susceptible to malware and viruses, according to the research firm. Data and control commands are transmitted in unencrypted clear text, increasing vulnerability. “As competition intensifies in the A/NZ SCADA market, security and technical support will become the main competitive factors for automation majors,” said Ramanathan. “To gain an edge, experience, support structure, and the ability to invest are important. Open architecture and adherence to International Electrotechnical Commission (IEC) protocols will also be critical for customer buy-in.” Related content feature Expedia poised to take flight with generative AI CTO Rathi Murthy sees the online travel service’s vast troves of data and AI expertise fueling a two-pronged transformation strategy aimed at growing the company by bringing more of the travel industry online. By Paula Rooney Jun 02, 2023 7 mins Travel and Hospitality Industry Digital Transformation Artificial Intelligence case study Deoleo doubles down on sustainability through digital transformation The Spanish multinational olive oil processing company is immersed in a digital transformation journey to achieve operational efficiency and contribute to the company's sustainability strategy. By Nuria Cordon Jun 02, 2023 6 mins CIO Supply Chain Digital Transformation brandpost Resilient data backup and recovery is critical to enterprise success As global data volumes rise, business must prioritize their resiliency strategies. By Neal Weinberg Jun 01, 2023 4 mins Security brandpost Democratizing HPC with multicloud to accelerate engineering innovations Cloud for HPC is facilitating broader access to high performance computing and accelerating innovations and opportunities for all types of organizations. By Tanya O'Hara Jun 01, 2023 6 mins Multi Cloud Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe