Providing long-term financial benefits to Industrial IoT

It’s generally acknowledged that Industry 4.0 offers great opportunities for businesses to obtain and analyze data for use in predictive maintenance and improved efficiency. Companies are increasingly implementing IoT systems with the global spending on IIoT (Industrial IoT) platforms for manufacturing predicted to grow from $1.67Bn in 2018 to $12.44Bn in 2024. However, many companies are concerned about the investment cost of implementation – do the benefits outweigh these costs? Can companies expect a return on their investment? And if so when?

The predictive maintenance benefits of IIoT enable companies to reduce their operational costs, optimize energy management systems, improve efficiency, ensure safety and prevent costly downtime due to asset failure.

Ilika plc (LON:IKA) is a pioneer in solid state battery technology enabling solutions for applications in Industrial IoT, MedTech, Electric Vehicles and Consumer Electronics.

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Ilika PLC

Ilika development team reaches design-freeze milestone for first customer prototype release of Goliath battery

20th November 2023

Ilika Plc (LON:IKA), a pioneer in solid state battery technology, announces it has achieved its D4 development point, which is a design-freeze milestone in the Goliath roadmap upon which Ilika’s first prototype for customer release, P1, is

Milestones in the commercialisation of Solid-State Batteries

16th November 2023

Solid-state batteries have long been seen as the future of energy storage, promising improved safety, higher energy density, and faster charging times compared to traditional lithium-ion batteries. In recent years, significant progress has been made in

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15th November 2023

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Ilika at the International Battery Seminar

8th November 2023

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Consortium gets £2.7M to develop solid-state EV batteries

2nd November 2023

Solid-state battery technology developer Ilika will lead an industry consortium funded with £2.7 million from the UK Automotive Transformation Fund and tasked with commercial development of the company’s Goliath SSB technology. Ilika will lead a 16-month development

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31st October 2023

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24th October 2023

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20th October 2023

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Ilika secures £400,000 grant for Goliath solid-state battery project

16th October 2023

Ilika has secured a £400,000 grant from the UK government’s Automotive Transformation Fund (ATF) to further enhance its Goliath solid-state battery (ESS) project. The grant aims to accelerate the development of the Goliath solid-state battery specifically

Ilika looks to scale up solid state battery production equipment

13th October 2023

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13th October 2023

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10th October 2023

Ilika announced it is leading a 16-month, £2.7 million Automotive Transformation Fund (ATF), partnering with Mpac Group plc (Mpac) and the UK Battery Industrialisation Centre (UKBIC). Codenamed SiSTEM and commenced 1 October 2023, the project will

Ilika plc partnering with Mpac Group and UK Battery Industrialisation Centre in Scale-up (VIDEO)

10th October 2023

In this interview with Ilika plc‘s (LON:IKA) CEO, Graham Purdy, the focus is on the company’s recent £2.7 million grant from the Automotive Transformation Fund to scale up Goliath solid-state battery production. Ilika plc is known for

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2nd October 2023

For years, lithium-ion batteries have been the boss, dethroning the lead batteries of yesteryear. But now, a new contender is stepping onto the scene, sure to redefine the future of electric sports cars. The development of solid-state

What are All-Solid-State Batteries?

28th September 2023

All-solid-state batteries (ASSBs) have emerged as a promising solution to address the limitations of traditional lithium-ion batteries (LIBs). These batteries offer the potential to revolutionize industries ranging from electric vehicles to renewable energy systems. By replacing

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19th September 2023

In a glorious end of summer weather, I have just attended the Battery Tech Europe Conference in Munich, Germany. Impeccably organized by the iQHub team, the event focused on battery-related issues, mostly in relation to transportation

Ilika at IMechE: International EV Batteries Conference

14th September 2023

Date: 7th Nov 2023 – 8th Nov 2023 Location: Birmingham, UK The pivot towards EV mobility driven by the UK government’s 2030 ban on the sale of new petrol and diesel cars means one thing: traditional

Ilika collaborates with Cirtec Medical to advance solid-state battery technology

11th September 2023

Ilika plc, a renowned innovator in solid-state battery technology, has finalized its contractual negotiations with Cirtec Medical. Cirtec Medical is a prominent strategic outsourcing partner specializing in the development of complex medical devices, particularly minimally invasive

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