Novel News

Global Demand for Head Mounted Displays to Reach $12.8B by 2020

Posted by Novel Engineering on June 4, 2014


DALLAS, 2 June 2014. Global demand for head-mounted displays (HMDs) will grow to $12.8 billion by 2020 -- a combined annual growth rate of 57 percent -- predict analysts at market researcher Markets and Markets in Dallas.

The global market forecast for helmet-mounted displays, as well as eyeware and wearable displays, is in the 300-page report “Head Mounted Display (HMD) Market by Products (Helmet Mounted, Wearable Glass), Components (Micro display, Camera, control unit, Tracker, Accessories), Applications (Defence, industrial, Video Gaming) and Geography - Global Analysis and Forecast to 2020.”

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Novel Becomes Member of the Space Coast Tech Council

Posted by Novel Engineering on June 1, 2014


Novel Engineering joins the Space Coast Tech Council (SCTC) as a member to help promote and support the growth of technology-based businesses and manufacturing companies within the Brevard County area and surrounding counties. Novel supports life-long learning, providing technical resources, and forming partnerships to increase innovations providing a better tomorrow.

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Cloud spending will hit $235bn in 2017

Posted by Novel Engineering on February 15, 2014

Source: Electronics Weekly

As more businesses move their information technology services to the cloud revenues are predicted to increase three-fold from 2011 to 2017, according to market-watcher IHS Technology.

Global business spending for infrastructure and services related to the cloud could be $174.2bn this year which will represent a 20% growth on 2013.

By 2017, enterprise spending on the cloud is predicted to be a mouth-watering $235.1bn.

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Novel Engineering Launches New Website

Posted by Novel Engineering on January 10, 2014


New Look. New Brand. Awesome Engineering.

Today, Novel Engineering, Inc. launches its new website showcasing its new identity, core services, core technology, and industries served. With Novel Engineering opening its doors earlier this year offering its services to the Aerospace, Transportation, Healthcare, Government, and Consumer Electronics industries the company aims to not only promote these offerings but also provide a site where educational resources, innovation resources, and industry news can be found for embedded engineering and business application markets.

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