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.

Deutsche Telekom and Software AG team up to expand ‘Cloud of Things’

Deutsche Telekom has announced a strategic partnership with Software AG in order to deliver Internet of Things (IoT) services on a global scale. The operator’s enterprise customer unit, T-Systems, will expand its ‘Cloud of Things’ offering, using Software AG’s Cumulocity IoT platform.

The partnership, announced by Software AG CEO Sanjay Brahmawar and T-Systems chief executive Adel Al-Saleh (above) allows...

By IoT News, 16 July 2019, 0 comments. Categories: Development, Standards.

How artificial intelligence is driving IoT growth across utilities, telecoms and more

There’s no doubt about it: artificial intelligence has become a buzzword in mainstream tech, with every industry talking about how they can leverage AI to do things like serve food, review video footage, drive cars, automate business processes and more. 

Investors are pouring money into AI-based SaaS and hardware startups, and large companies are investing in finding ways to implement AI to better improve on operational, supply...

By Mitchell Klein, 02 July 2019, 0 comments. Categories: AI, Development, IoT.

Thoughts on MWC Shanghai: Three key factors for IoT growth

There is no shortage of excitement surrounding IoT at MWC Shanghai 2019. As we have seen over the last few years, much of the speculation surrounding IoT, particularly Cellular IoT, has become a reality.

As NB-IoT and eMTC networks are growing across Asian markets, there is a noticeable increase in use cases connecting IoT devices from around the globe.

This year, there will be more than 110 IoT exhibitors, giving us an insight into the development and direction of new...

By Ilan Reingold, 26 June 2019, 0 comments. Categories: Development, Enterprise, IoT.

Overperformers in digitisation see IoT and AI technologies as key, study argues

A new study has revealed that more than one in three (37%) medium-sized companies with above average returns see technologies as the Internet of Things (IoT) and artificial intelligence (AI) as a key part of ongoing investment planning.

The study, the Finanzierungsmonitor 2019 from Creditshelf and TU Darnstadt, also revealed that only 18% of companies with an average or below-average return put these topics at the top their...

By IoT News, 25 June 2019, 0 comments. Categories: AI, Development, 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.

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.

ST Engineering to collaborate with Nokia around 5G and IoT

Singapore-based engineering company ST Engineering has signed a partnership agreement with Nokia to work together on key technology areas like 5G and IoT and expand their business offerings to their customers in the public as well as private sectors.

Collaboration between the two companies will allow expansion of their joint solution portfolio and place them in a better position to pursue new business opportunities, which will...

By IoT News, 11 June 2019, 0 comments. Categories: Development, Enterprise, IoT.

India’s new government plans IoT and AI workforce reskilling

India’s new government plans workforce reskilling in areas like the IoT and AI to become a world leader in emerging technologies.

The government plans to expand its ‘Skill India’ initiative with dedicated policies which ensure the nation’s youth can grasp important new technologies.

“Reskilling and upskilling is big on the incoming government's agenda,” a senior government official

By Ryan Daws, 28 May 2019, 0 comments. Categories: AI, Development, Enterprise, Healthcare, IIoT, IoT, Manufacturing, Smart Cities.