How semiconductor companies are adopting IoT and AI to drive new revenue growth models

The semiconductor industry is one of the fastest growing sectors in technology.

Information provided by the Semiconductor Industry Association (SIA) reveals that global sales of semiconductors reached $40.16 billion for the month of August 2018, which was a 14.9% year-on-year increase compared to August 2017. Market research consultant Stratistics MRC has also stated that many semiconductor companies have started to adopt IoT to...

By IoT News, 12 October 2018, 0 comments. Categories: AI, Data & Analytics, IoT, Standards.

UK Autodrive conclude world’s first multi-driverless car trial

A consortium of UK automotive players called Autodrive has concluded the world’s first driverless car trial involving multiple vehicles.

Autodrive is a £20 million project consisting of automakers, councils, legal experts, and researchers. The aim of the consortium is to prepare society for driverless cars and establish the UK as a leader.

Over the past few years, Autodrive has undertaken increasingly complex trials designed to push the limits of driverless technology.

A...

By Ryan Daws, 11 October 2018, 0 comments. Categories: AI, Connected Cars, IoT, Smart Cities.

SoftBank continues spending spree with $35m investment in IoT analytics platform

Japanese multinational conglomerate SoftBank Group International recently led a funding round for HEED – a new consumer platform that uses IoT analytics and AI to transform sports and entertainment experience.

The round raised $35 million which will be used to strengthen the company’s expansion as it ties up with sports clubs and leagues across the world to create deeper connections with mobile fans.

By IoT News, 08 October 2018, 0 comments. Categories: AI, Data & Analytics, IoT.

How to ride the wave of digital disruption: A manufacturer explains

There is no ‘silver bullet’ technology to guarantee growth for manufacturers, but there is a winning attitude. Businesses that keep an open mind to all possible technology options and take the time to review them will stand a better chance of making the right investment – one that will power the business ahead of its competitors. For that, you need an open enterprise strategy that enables you to maintain that sort of open mind.

By Darren Duke, 03 October 2018, 0 comments. Categories: AI, Enterprise, IoT, Manufacturing.

Volkswagen teams up with Microsoft to create an automotive cloud

Volkswagen wants to transform itself into a digital services-driven company – with the help of Microsoft.

The German automaker has joined hands with the Redmond giant to develop the Volkswagen Automotive Cloud, which will aim to combine popular third-party applications to provide a seamless experience for drivers.

The Volkswagen Automotive Cloud will be powered by...

By IoT News, 01 October 2018, 0 comments. Categories: AI, Connected Cars, IoT.

Porsche investing €150 million in startups – focusing on AI and blockchain technologies

Porsche has announced it is increasing its total investment in venture capital activities by €150 million for the next five years.

By making this move, the German automobile manufacturer intends to gain access to new technologies, trends and business models. Porsche Ventures, being a strategic investor, is aiming to invest in business models that involve mobility, digital lifestyle and customer experience, along with...

By IoT News, 28 September 2018, 0 comments. Categories: AI, Connected Cars, Data & Analytics, IoT.

Eight technologies that are changing IoT – and how they can benefit you

It’s fair to say that IoT has seen a fair few buzzwords roll through over the years, but there is a fresh batch of cutting-edge technology that will really change the way businesses and consumers alike interact. We’ve picked out eight critical areas where this change will be most marked and disruptive to the IoT networks we know today:

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By Martin Keenan, 28 September 2018, 0 comments. Categories: AI, Data & Analytics, IoT, Standards.

UK: Driverless car makers face jail if they cause harm

UK government spokesperson Baroness Buscombe confirmed driverless car makers will face jail if their vehicles cause harm.

Buscombe was responding to a parliamentary question on the subject. She asserted that existing health and safety law "applies to artificial intelligence and machine learning software".

The response helps to settle a debate between academics and legal circles about responsibility when it comes to AI. Some believe the fear of prosecution may drive people away from developing...

By Ryan Daws, 25 September 2018, 0 comments. Categories: AI, Connected Cars, Development, IoT, Smart Cities.

George Hotz ousts himself as CEO of driverless startup Comma.ai

George Hotz, CEO of driverless car startup Comma, has ousted himself and will announce his “very talented” replacement on Friday.

Hotz gained notoriety after the impressive feat of hacking the PS3 and iPhone as a teenager under the ‘Geohot’ alias. Sony even went as far as to sue Hotz for hacking their console.

While the so-called jailbreaking scene on iOS is dwindling as a result of more features being included as part of Apple’s OS itself, many appreciated Hotz’s...

By Ryan Daws, 12 September 2018, 0 comments. Categories: AI, Connected Cars.

Samsung outlines vision for connected living through AI, IoT and 5G at IFA

At IFA in Berlin, Samsung held a press conference wherein it announced its aim to shape the future of connected living via developing innovative products and services. The South Korean electronics giant showcased how breakthrough technologies, which are powered by AI and IoT, are able to bring comfort and convenience to people’s lives.

Samsung is already at the forefront of unravelling the power of AI and 5G for...

By IoT News, 04 September 2018, 0 comments. Categories: AI, Development, IoT.