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.

5G to debut in IoT market in late 2020, argues Berg Insight report

Plenty has been said on when 5G will truly arrive – but according to a new report from Berg Insight, we should expect to wait another 18 months before the technology arrives in the context of the Internet of Things (IoT).

According to the IoT analyst firm, the first 5G cellular IoT modules will be available for developers in 2019 and will allow early adopters to build first IoT-based devices that will centre on the 5G...

By IoT News, 20 May 2019, 0 comments. Categories: Development, Enterprise, IoT, Standards.

Amazon debuts first premium Alexa skills in the UK

Amazon has announced the first batch of premium Alexa skills launching in the UK aiming to offer users a higher quality experience.

Earlier this month, Amazon announced ‘in-skill’ purchases were coming to the UK. Much like in-app purchases, developers can offer feature unlocks for one-time payments or subscriptions to access premium content for a limited time.

The ability enables developers to monetise their Alexa skills while subsequently incentivising them to create great experiences....

By Ryan Daws, 17 May 2019, 0 comments. Categories: AI, Development, IoT, Smart Homes.

How to secure our connected world: An open call to the industry

It’s 2019. The long-anticipated Internet of Things (IoT), despite gaining decent ground over the past few years, still doesn’t quite feel as mature as we were once promised. The technology is there, the appetite is there. What is holding it back?

Three things consistently arise when truly looking at scaling the IoT: 

  • Fear over poor security (exacerbated by destructive attacks and scare-mongering of recent years)
  • Closed ecosystems looking to become the next big thing at the centre of our universe 
  • Widespread access to suitable...

By Michael Moorfield, 17 May 2019, 0 comments. Categories: Development, IoT, Security, Standards.

Report: Edge computing likely to show strong growth for future IoT use cases

A new report from Strategy Analytics claims that edge computing is on the rise in IoT deployments and is anticipated to show strong growth in the coming years.

The market research firm believes that data will be processed by edge computing in three fifths (59%) of the IoT deployments by 2025, which will mainly be driven by the efficient use of the network, security, and the response time. At present, the research suggests that 44% of companies today are leveraging the power of edge computing in...

By IoT News, 17 May 2019, 0 comments. Categories: Data & Analytics, Development, IoT.

Samsung SDS collaborates with Telensa over smart city projects

Samsung SDS has announced that it is working with Telensa on the Urban Data Project – a cloud platform that builds a trust infrastructure for urban data that allows cities to gather, protect, and use the data for the welfare of the public.

The partnership will break the ground of the project in South Korea and then take it further across Asia Pacific and the US. Cities will financially benefit from energy savings and...

By IoT News, 08 May 2019, 0 comments. Categories: Development, Enterprise, IoT, Smart Cities.

Filament’s blockchain fills in the data gaps for Nevada university’s autonomous vehicles

The potential with integrating blockchain and Internet of Things (IoT) technologies continues to grow pace – and the University of Nevada, Reno is the next to take that step by combining Filament’s blockchain with its autonomous vehicle.

Blockchain startup Filament is working with the University of Nevada and Reno’s Intelligent Mobility initiative in order to develop a latest standard based on blockchain IoT...

By IoT News, 29 April 2019, 0 comments. Categories: Data & Analytics, Development, IoT, Smart Cities.