How Losant aims to turn the long enterprise IoT journey into manageable steps

“A lot of times in this space people love to talk about the technology – but they don’t want to work with the business about how they think about the business problems they’re trying to solve,” says Charlie Key, co-founder and CEO of Losant.

It’s an interesting statement when you consider Key’s (left) background. Having spent pretty much all of his career in the...

By James Bourne, 07 November 2018, 0 comments. Categories: AI, Enterprise, IIoT, IoT, Manufacturing, Oil & Gas.

Validere raises $7 million in seed funding to transform oil and gas trading via artificial intelligence

Venture-backed oil and gas IoT and artificial intelligence platform Validere has raised $7 million in seed funding to transform oil and gas trading and logistics through reliable data and Artificial Intelligence (AI) insights.

Currently, as the company puts it, oil and gas companies use unreliable product quality data to make critical operational decisions and to address this problem, Validere is using IoT technologies to...

By IoT News, 06 November 2018, 0 comments. Categories: AI, Data & Analytics, IIoT, IoT, Oil & Gas.

Waymo blames human for its self-driving car accident

Waymo has detailed how its self-driving vehicle in Mountain View came to hit a motorbike, and it’s all to do with a meddling human.

Driverless cars are expected to improve road safety as they’re not prone to human ailments which often cause accidents such as distractions, intoxication, general lack of ability, or medical problems at the wheel such as a heart attack.

Of course, it’s going to take some time before driverless car AIs are robust enough for public use. Until then, on road tests...

By Ryan Daws, 06 November 2018, 0 comments. Categories: AI, Connected Cars, Smart Cities.

Amazon’s hiring of less Xmas staff indicates growing automation

Amazon is hiring fewer Xmas workers this year which could be a sign of growing automation within the retail industry.

In the past couple of years, Amazon has brought in 120,000 additional temporary staff to deal with the Christmas rush. This year, that number has dropped to 100,000.

While it’s hardly the robots-are-taking-our-jobs apocalypse some predict, it appears to be the start of a decline in the need for human workers.

Citi Analyst Mark May

By Ryan Daws, 05 November 2018, 0 comments. Categories: AI, Enterprise, IIoT, IoT, Manufacturing.

Ford and Volkswagen explore autonomous vehicle collaboration

Automotive giants Ford and Volkswagen have signed an MOU (Memorandum Of Understanding) to explore a self-driving car partnership.

While he’s been going through a somewhat turbulent period, Elon Musk and his Tesla crew undeniably shook up the automotive industry. The company introduced various semi-autonomous features with their attractive, high-performance electric vehicles.

Traditional carmakers have struggled to match...

By Ryan Daws, 02 November 2018, 0 comments. Categories: AI, Connected Cars, Smart Cities.

Turning IoT devices into supercomputers? Sisense has a Hunch for more effective BI

Sisense, a business analytics software firm, has launched its patent-pending Sisense Hunch Data Cognition Engine which aims to turn sensors, phones, and wearable devices into supercomputers.

Sisense Hunch represents a new class of big data analytics, data cognition engines that learns vast amount of datasets and is able to produce microsecond analytical responses to queries that are 99% precise, with a small fraction of the cost and...

By IoT News, 25 October 2018, 0 comments. Categories: AI, Data & Analytics, Development, IoT, Wearables.

For oil and gas, patience is key to begin implementing IoT – but the pace needs to increase after

The oil and gas industry is one of the most complex when it comes to emerging technology implementation. Yet as complicated as it is, it’s people and processes which will ultimately move the needle, according to Jim Claunch, vice president of business efficiency at Equinor.

This is not to say that the tech side can be overlooked. Take a look at the sheer amount of data Equinor gets hold of; from its 1200 plus operating...

By James Bourne, 23 October 2018, 0 comments. Categories: AI, Data & Analytics, Enterprise, IIoT, Oil & Gas.

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.