Report: IoT and analytics market for utilities expected to grow to $5.1bn in 2028

Navigant Research has released a report indicating the IoT and analytics market for utilities should grow to over five billion dollars by 2028.

Many of the tools used for utilities are outdated and in need of replacement. The IoT offers a ripe opportunity to fix problems, improve efficiency, and generate significant revenue.

Neil Strother, Principal Research Analyst with Navigant Research, says:

“Many of the tools are outdated, sit in silos, and were never designed for the...

By Ryan Daws, 06 July 2018, 0 comments. Categories: Data & Analytics, IoT, Smart Cities.

LG CNS announces CityHub platform for smart city management

LG subsidiary CNS has announced its CityHub platform designed to provide centralised management and data analysis of citywide IoT devices.

CityHub, the platform’s tentative name, is able to collect data from IoT sensors across the deployed smart city. This could be sensors installed on things such as vehicles and buildings, or infrastructure like street lights and traffic cameras.

LG CNS is the first private company to be certified by the Korean government

The platform supports the international oneM2M...

By Ryan Daws, 05 July 2018, 0 comments. Categories: AI, Data & Analytics, IoT, Smart Cities.

Ericsson and China Mobile continue IoT collaboration with recent updates

Ericsson and China Mobile have signed a cooperation agreement around the Swedish operator’s Device Connection Platform in order to strengthen the latter’s IoT goals.

The agreement, signed at Mobile World Congress Shanghai last week, is based on the strategic cooperation framework agreements which the two firms signed at MWC in Barcelona this year for the expansion of IoT opportunities in industry and enterprises.

Qiao Hui, general manager of China Mobile IoT, said: “By launching DCP, we will...

By IoT News, 02 July 2018, 0 comments. Categories: Data & Analytics, Enterprise, IoT, Standards.

IoT Tech Expo: Exploring autonomy and getting the last mile in connected railways and waterways

(c)iStock.com/nikamata

If the ultimate goal of connected transportation is an interoperable system and network between different operators and different transport modes, then we have a long way to go to secure it. But collaboration and openness is the key to success.

Case in point: the majority of the panellists - and more than half of the audience - at the IoT Tech Expo session on connected transportation in Amsterdam arrived at the venue by train. In many cases, it was more than...

By James Bourne, 27 June 2018, 0 comments. Categories: Connected Cars, Data & Analytics, Smart Cities.

Fairhair Alliance aims to address IoT infrastructure security risks in new whitepaper

A new whitepaper titled ‘Security Architecture for the Internet of Things (IoT) in Commercial Buildings’ released by Fairhair Alliance states that organisations must deal with online security risks in a common IP-based infrastructure.

Sharing a common IP-based infrastructure proves to be beneficial for building automation and control systems in commercial buildings. Thease includes centralised monitoring and control, real-time insights and status updates across the entire building, remote access...

By IoT News, 26 June 2018, 0 comments. Categories: Data & Analytics, IoT, Security.

Johan Krebbers, Shell: On why poor quality data won’t cut it in delaying your IoT initiatives

The links between the Internet of Things (IoT) and artificial intelligence (AI) are irresistible. As a Wired article put it, IoT ‘will produce a treasure trove of big data’ and that ‘the only way to keep up with [it] and gain the hidden insight it holds is with machine learning.’

For Johan Krebbers, IT CTO at Shell, it’s non-negotiable. “IoT on its own is useless,” he explains. “It...

By James Bourne, 22 June 2018, 0 comments. Categories: AI, Data & Analytics, Enterprise, IoT.

Crate.io raises $11 million in series A funding to push SQL IoT data platform

Crate.io has raised $11 million in Series A funding to push development of its vision for an open source SQL database for real-time machine data and IoT applications.

The funding round was led by Zetta Venture Partners and Deutsche Invest Equity with participation from Mike Chalfen, Momenta Partners and Charlie Songhurst. According to the company, existing investors Draper Esprit, Vito Ventures and Solomon Hykes also participated in the round, which will be used to boost the growth and adoption of both the...

By IoT News, 20 June 2018, 0 comments. Categories: Data & Analytics, Development, IoT.

Battle for standardisation driving rise of LPWA network connections, research finds

Cellular and non-cellular low power wide-area (LPWA) network connections will grow globally at a CAGR of 53% until 2023, according to a new study from ABI Research.

The market growth will be driven by growth in smart meters and asset trackers, with the continued battle for dominance between the primary standards, NB-IoT, CAT-M, Sigfox and LoRa, also fuelling the rise.

In 2017, smart meters and asset trackers contributed to almost three-quarters of all LPWA network connections, dominated by non-cellular LPWA...

By IoT News, 18 June 2018, 0 comments. Categories: Data & Analytics, IoT, Standards.

Study: Connected car owners will trade personal data for services

A study conducted by Edison Research has found a willingness from connected car owners to trade personal data for services.

The research, commissioned by automotive data services platform Otonomo, indicates high-profile privacy breaches have not shaken the majority of consumers’ willingness to share personal data — as long as it’s clear what services they’ll receive in return.

On average, around 80 percent of those surveyed who expressed interest in...

By Ryan Daws, 07 June 2018, 0 comments. Categories: Connected Cars, Data & Analytics, IoT, Smart Cities.

SensorUp raises $2 million to bolster Internet of Things for geolocation

Canadian IoT company SensorUp, which led the development of the Open Geospatial Consortium SensorThings API standard specification, has raised $2 million in a seed funding round organised by Vanedge Capital.

The accumulated funds will be utilised to expedite the go-to-market campaign of their award-winning SensorThings Cloud service and create new data-driven IoT business solutions for smart cities, first responders, and field service.

SensorUp adheres to key standards that make its software future-proof,...

By IoT News, 05 June 2018, 0 comments. Categories: Data & Analytics, Enterprise, IoT.