Semios secures $75 million in funding to expand IoT network for agriculture

Semios, a Canada-based precision farming platform for permanent crops announced that it has raised $75 million (£57.65m) in private equity funding to boost the development of its data-driven crop management solution.

To date, the company has secured a total of £88.4m in external capital. The funding was led by Morningside Group, a Boston-based private equity and venture capital firm. Semios CEO and founder, Dr....

By IoT News, 19 February 2020, 0 comments. Categories: Connected Vehicles, Data & Analytics, Development, Enterprise, Healthcare.

At the front of the grid: How Formula 1 leads sporting franchises in data and analytics

It goes without saying that in business, the customer is always right. Except, of course, when they’re not.

Take the England and Wales Cricket Board (ECB) as a sporting example. When the idea for the shortened Twenty20 (T20) format was first proposed in 2003, not everyone was on board: of the 18 first-class counties, only 11 supported the new competition. Today, with established domestic competitions globally and a recognised...

By James Bourne, 17 February 2020, 0 comments. Categories: Connected Vehicles, Data & Analytics, IoT.

Nokia and SoftBank team up to complete world’s first 5G connected car test

Nokia has become the first telecommunications firm to successfully complete a trial demoing the use of non-standalone 5G technology for commercial operations of connected cars.

The testing was conducted by SoftBank at Japan’s Honda research and development site in Hokkaido.

SoftBank, a buyer of Nokia’s end-to-end 5G portfolio, installed non-standalone 5G networks that are...

By IoT News, 11 February 2020, 0 comments. Categories: Connected Vehicles, Development, IoT.

Nuro gets testing approval for autonomous delivery vans without human controls

California-based robotics firm Nuro has been given permission to test its self-driving vehicles in Houston, Texas – which are built without human controls.

Dubbed as R2, Nuro’s self-driving delivery vans are the company’s second-generation vehicles which do not have any basic controls like a steering wheel, pedal or side view mirrors, as reported by the BBC.

By IoT News, 07 February 2020, 0 comments. Categories: Connected Vehicles, Development, IoT.

Report: Public transport ITS market in Europe and North America to reach £3.14bn by 2023

According to the latest forecast from Berg Insight, the public transport market for intelligent transportation systems (ITS) in Europe and North America will reach €3.7 billion (£3.14bn) by 2023.

In 2018, the market value for ITS deployed in public transport operations in Europe was £1.32bn. By 2023, it is expected to reach £1.83bm, growing at a CAGR of 6.8%. Similarly, the North American market for...

By IoT News, 22 January 2020, 0 comments. Categories: Connected Vehicles, Data & Analytics, Development, IoT.

Waymo's autonomous cars have driven 20 million miles on public roads

Autonomous cars developed by Alphabet subsidiary Waymo have now driven over 20 million miles on public roads.

The milestone was announced during this year's CES in Las Vegas and shows how Waymo's driverless technology is almost ready for widespread deployment.

Speaking at a dinner hosted by Fortune, Waymo CEO John Krafcik said: "You need to have a lot of real world experience, there's no way to avoid it."

While autonomous vehicles have been involved in accidents, Waymo has managed to...

By Ryan Daws, 07 January 2020, 0 comments. Categories: AI, Connected Vehicles, Smart Cities.

Teraki and Machfu raise series A funds of $11m and $3.75m to speed up automotive and IIoT markets

A new year does not by any means signal a slowdown in funding across the Internet of Things (IoT) space, with Teraki and Machfu each securing series A funding over the past month for the automotive and Industrial Internet of Things (IIoT) spaces respectively.

Teraki raised $11 million (£9m) that the company says will be used for improving the current explosion in demand of data in electronics components...

By IoT News, 02 January 2020, 0 comments. Categories: Connected Vehicles, IIoT, IoT.

ENGINE: Trust and data privacy remain consumers' biggest fears about connected cars

According to a recent survey conducted by ENGINE Insights, 65% of recent and intending car buyers have one or more connected car features in their current car. However, 54% are concerned about data security and how their data might be used and 19% of respondents said that data management concerns could compel them from not buying a connected car in future.

The ‘Connected Car’ survey from ENGINE reported that data security fears are universal, spanning across generations – 54% of Millennials,...

By IoT News, 18 December 2019, 0 comments. Categories: Connected Vehicles, Security, Smart Cities.

Yandex is building LIDAR sensors as self-driving car market accelerates

Yandex, a Russian internet service firm, announced that it has begun testing its own Light Identification Detection and Ranging (LIDAR) laser technology and cameras. The new devices will be used for the company’s recently revealed delivery robot, the Yandex.Rover.

According to the company, its software can tune the LIDAR’s scanning patterns while driving, with changeable parameters that enable them to adapt to various driving conditions like dense city streets, freeways, and severe weather. The...

By IoT News, 16 December 2019, 0 comments. Categories: Connected Vehicles.

European Union Cybersecurity Agency focuses on connected cars in latest research

A new report from the European Union Agency for Cybersecurity (ENISA) has highlighted the importance of cybersecurity for connected cars.

The ENISA’s ‘Good Practices For Security of Smart Cars’ report mainly aims to identify the relevant assets, the rising concerns that targets smart cars ecosystem of tomorrow, and also the potential security measures and good practices to mitigate them.

By IoT News, 27 November 2019, 0 comments. Categories: Connected Vehicles, IoT, Security.