The top 10 IoT startups of 2019 – according to IoT Analytics

  • IoT startups have received $3.6B in funding this year alone, according to IoT Analytics’ estimates
  • Manufacturing is attracting the highest percentage of vertically-focused IoT startups at 30%
  • 43% of all IoT startups are founded in North America, the leading region globally of startup activity
  • 7 of the top 10 IoT startups primarily focus on AI, analytics, and data science
  • 46% of all IoT startups tracked by IoT Analytics primarily focus on AI, analytics, and data science

These and many other fascinating insights are from IoT...

By Louis Columbus, 29 July 2019, 0 comments. Categories: Data & Analytics, IoT.

Balena raises $14.4m in series B funding to help bring the edge to developers

Washington-based software firm Balena has raised $14.4m (£11.52m) in its latest series B investment round led by OpenView, along with existing investors, such as Threshold Ventures, Aspect Ventures, and GE Ventures.

Balena, which was earlier known as resin.io, focuses on unlocking the potential of physical computing by removing friction for IoT fleet owners. The company’s full-stack platform provides a comprehensive, end-to-end solution that makes it easier for developers to build...

By IoT News, 25 July 2019, 0 comments. Categories: Data & Analytics, Enterprise, IoT.

Global semiconductor revenue to decline by 9.6% year on year in 2019, says Gartner

Gartner’s latest report has predicted a global decline in semiconductor revenue this year.

According to the market researcher, the revenue will decrease $429b (£344b), which is a decline of 9.6% from $475b (£380b) in 2018. This is also a decline from previous quarter’s forecast of -3.4%.

Gartner says that a demand-driven oversupply in the DRAM market will be...

By IoT News, 24 July 2019, 0 comments. Categories: Data & Analytics, IoT, Standards.

IoT for agriculture use cases: Oizom monitors soil irrigation for healthier crops

Ahmedabad-based Oizom – a provider of environmental IoT solutions – is leveraging Semtech Corporation’s LoRa devices and Tata Communications’ LoRaWAN-based networking infrastructure for its new Agribot smart agriculture solution, which is designed to offer farmers real-time insight into the health of their crops by monitoring soil conditions, including humidity and pH levels.

The LoRa-based sensors in...

By IoT News, 22 July 2019, 0 comments. Categories: Data & Analytics, IoT, Standards.

IDC: Asia Pacific will spend almost $400bn on Internet of Things by 2023

The latest note from analyst firm IDC has predicted that the Asia Pacific (APAC) region will be the global leader for IoT spending in 2019 – confirming the company’s previous forecast.

The most recent Worldwide Semiannual Internet of Things Spending Guide, predicts that APAC will account for more than a third (35.7%) of global spend, followed by the US and Western Europe with 27.3% and 21.2% of the spend,...

By IoT News, 18 July 2019, 0 comments. Categories: Data & Analytics, Development, IoT.

ABI Research predicts 24 million satellite-linked IoT connections by 2024

A new study argues there will be 24 million IoT connections made via satellite by 2024 – leading to ‘seamless’ global connectivity.

The report from ABI Research, titled ‘Satellite in IoT: New Satellite Networks for New Wave of IoT Investment’, forecasts that segments expected to see significant growth include agriculture, asset tracking, maritime tracking, and aviation tracking.

By IoT News, 11 July 2019, 0 comments. Categories: Data & Analytics, IoT.

5G and IoT: Will 2019 be the year of real change?

Connected appliances and devices have transformed the way we live. From smartphones to autonomous vehicles, 5G-enabled technology has captured the public imagination and dominated media headlines. A global 5G race is on, with 138 trials recorded and 10 “digital cross-border corridors” established in Europe alone.

Despite the challenges of moving a global IoT industry already fragmented by competing and incompatible...

By John Lillistone, 24 June 2019, 0 comments. Categories: Data & Analytics, Development, IoT, Standards.

The future of factories in an IoT-driven world: Budget and data challenges and opportunities

The Internet of Things (IoT), as an acronym, can potentially have a double meaning. Naturally, while the term came to pass and be accepted to describe the process of connecting sensors in physical objects to wireless networks, the industry continues to get to grips with the coming together of information technology and operational technology. So not so much IoT - perhaps more IT/OT.

Nowhere is this IT and OT fusion more pronounced than in a factory setting. An engaging panel debate at

By James Bourne, 20 June 2019, 0 comments. Categories: AI, Data & Analytics, Enterprise, IIoT, IoT.

Why smart machines are the future of manufacturing

  • Industrial Internet of Things (IIoT) presents integration architecture challenges that once solved can enable use cases that deliver fast-growing revenue opportunities
  • ISA-95 addressed the rise of global production and distributed supply chains yet are still deficient on the issue of data and security, specifically the proliferation of IIoT sensors, which are the real security perimeter of any manufacturing business
  • Finding new ways to excel at predictive maintenance, and cross-vendor shop floor integration are the most promising applications
  • IIoT manufacturing systems are...

By Louis Columbus, 20 June 2019, 0 comments. Categories: Data & Analytics, Enterprise, IIoT, Manufacturing.

Global IoT spending to break $1 trillion by 2023 – fuelled by solid consumer and commercial adoption

IDC’s latest Worldwide Semiannual Internet of Things (IoT) Spending Guide predicts the global spending on the IoT will surpass the $1 trillion (£790bn) mark in 2022 and will reach $1.1 trillion (£869b) in 2023, at a CAGR of 12.6% on a year-over-year basis.

Carrie MacGillivray, group VP of IoT, 5G, and mobility at IDC, said: “Spending on IoT deployments continues with good momentum and is...

By IoT News, 14 June 2019, 0 comments. Categories: Data & Analytics, Development, IoT.