Lennart Oleg Larsen

In the past decade, the cost of sensors has dropped to about 50 % of the original price point. This has been driven by the cell phone industry, which has introduced a steadily increasing number of sensors in smartphones. This includes temperature sensors, accelerometers, gyro positioners, GPS location sensors, ambient light intensity sensors, and many more.

More and more industrial products and productions are going through digitalization. This means there is a need for supplementing the physical tests with digital tests. In the end this should result in a test infrastructure that is a hybrid of physical and digital tests.

The ability to translate digitalization of production into actual value is fundamental for all manufacturers whose competitive advantage is largely built on the performance of their production operations - short delivery times, high cost-efficiency, high-quality standards, high flexibility. But where to start? What are the “low-hanging fruits” and the long-term potentials? What is their actual business value?

The processing power of super computers, cloud servers and ordinary computer processors are still following Moore’s law. This means that the transistor density in integrated circuits doubles every approximately two years. This results in a larger processing power being available for scientific research, but also for ordinary industrial and consumer applications for the IoT.