IoT-related services revenue in APAC to hit $96bn by 2023, says GlobalData

GlobalData has forecast that the marketplace for IoT related services will go beyond $96 billion (£74.2bn) in sales by 2023 in the Asia Pacific (APAC) region, growing at a CAGR of 22.4% between 2018 and 2023.

The data also revealed that while the APAC IoT market will be dominated by software and services, growth from devices and connectivity will boost with the launch of more cellular-based IoT networks supported by 5G.

By IoT News, 04 December 2019, 0 comments. Categories: Data & Analytics, IoT.

Telefónica presents second ‘Things Matter’ study, indicates significant increase in IoT usage in two years

Telefónica has unveiled its second study on the Internet of Things (IoT), Things Matter 2019: the experience of the IoT users in Spain, covering thoughts around the IoT and the voice of those responsible for digital transformation of industrial, commercial or institutional activity in companies from different sectors.

One of the main conclusions of the study is that almost half of the population already knows what IoT...

By IoT News, 21 November 2019, 0 comments. Categories: Data & Analytics, Development, IoT.

IOTech raises $7.5 million in series A funding led by Dell Technologies

IOTech Systems, a UK-based IoT edge platform company, has successfully raised $7.5 million (£5.8m) in its series A funding round. The funding was led by Dell Technologies Capital, with additional investment from Société anonyme de Participation et De Gestion (SPDG), the Scottish Investment Bank, and Northstar Ventures.

IOTech intends to use the investment to considerably expand its acquisition capability...

By IoT News, 20 November 2019, 0 comments. Categories: Data & Analytics, Development, Enterprise, IoT.

tado's first SaaS product speeds-up heating repairs while reducing carbon

Smart heating company tado is launching its first Software-as-a-Service (SaaS) product which helps to speed-up repairs while reducing carbon.

tado 360 is an offering for utilities and heating service companies which monitors the health of a customer's heating system.

When a breakdown occurs, engineers are supplied with more detailed information about the problem in order for a faster and more efficient repair.

Heating is essential, especially during the winter months when breakdowns occur most. For...

By Ryan Daws, 12 November 2019, 0 comments. Categories: Data & Analytics, IoT, Smart Homes.

Going smart: How IoT technologies and automation can revolutionise laboratory practice

Despite the risks and fears around the Internet of Things (IoT) and how it relates to wider questions around security and privacy, a number of benefits exist in the field of scientific innovation and discovery.

The adoption of the IoT into laboratories marks a major technological disruption. It’s implementation will replace an outdated and inefficient system with one which maximises instruments and researcher time to full potential, stimulating a new wave of scientific...

By Phoebe Chubb, 11 November 2019, 0 comments. Categories: Data & Analytics, Development, Healthcare, IoT, Smart Cities.

IoT cellular device shipments to approach 350m per year by 2025 – with strong China growth noted

Sales of IoT cellular devices will approach 350 million per year by 2025, fuelled by 5G, with China continuing to provide a healthy impetus to the market, according to the latest report from Strategy Analytics.

The analyst firm forecasts that shipments of 4G IoT modules will peak within three years, as 5G modules begin slowly in 2019, with 2023 a key inflection point, as 5G modules outstrip those of 4G modules. The automotive...

By IoT News, 08 November 2019, 0 comments. Categories: Data & Analytics, Development, IoT.

Q&A: Tim Markison, Garlick & Markison: How to get your patent strategy right for IoT technologies

Many factors have to be taken into account when getting your startup idea off the ground. You have to get the right people in, work out the culture of your company, get the business model just right. Yet if your idea is unique, you want to make sure you have proof of it.

Tim Markison (left), co-founder of...

By James Bourne, 06 November 2019, 0 comments. Categories: Data & Analytics, Development, IoT.

Sudhir Pai, TCC: On the parallels between energy, space and medicine for digital transformation

The Internet of Things (IoT), as many in the industry say, is not a tool for business transformation on its own. It has to be combined with additional technologies, as well as the right tools for data analysis, and put in the right cultural context.

Yet as technologies converge and can benefit from different perspectives, so too can industries. The Technology Collaboration Center (TCC), based out of Houston, Texas, focuses on three...

By James Bourne, 06 November 2019, 0 comments. Categories: AI, Data & Analytics, Development, Enterprise, Oil & Gas.

From C-suite buy-in to project management: Why enterprise IoT is now set for a big step forward

It has long been known that, in spite of the promises of connected homes, the enterprise was where the Internet of Things (IoT) would truly push the envelope. According to Gartner, from a note published in August, 5.8 billion enterprise and automotive endpoints will be in use by next year.

But what do these sorts of figures...

By James Bourne, 04 November 2019, 0 comments. Categories: Data & Analytics, Development, Enterprise, IoT, Manufacturing.

Incorporating AI into IoT initiatives will see you speed past your rivals, says SAS

US-based analytics firm SAS’s latest report titled “AIoT- How IoT Leaders Are Breaking Away” has found that most significant predictor in realising value from Internet of Things (IoT) initiatives across an organisation is the heavy use of artificial intelligence (AI).

According to the study, which involved 450 global business leaders who use IoT and AI, 90% of the survey respondents heavily using AI in their...

By IoT News, 01 November 2019, 0 comments. Categories: AI, Data & Analytics, IoT.