Helios Wire secures $4 million in funding for satellite-enabled IoT service

Canadian IoT startup Helios Wire has raised an additional $4 million that will help the company to launch first of its two satellite-based IoT systems in December 2017.

According to CEO and co-founder Scott Larson, two other satellites are scheduled to be launched during the second half of 2018.

Companies of large and small scale will be at an advantage with the increased affordability of the IoT technology, data generation and predictive analysis.

Larson explains: “For instance, a small-scale farmer...

By IoT News, 25 August 2017, 0 comments. Categories: Development, IoT.

Not sure whether to build or buy an IoT platform? Here's what you need to do

It’s easy to foresee the rewards of leveraging the Internet of Things (IoT) for any industry. However, getting a pertinent IoT platform or solution that helps you reach your business goals is far from easy.

Before getting to the pros and cons of building or buying an IoT platform, let’s get to know if your business really requires an IoT platform. Ask the following questions:

  • How will an IoT solution improve the business or existing processes?
  • What is the ROI that the platform may provide?
  • What are the architectural...

By Riya Savjani, 22 August 2017, 0 comments. Categories: Development, IoT.

Oil and gas 4.0: Making excellence operational

Even by recent standards, the rapid pace of change has been enough to give the oil and gas industry whiplash. New geopolitical realities are disrupting common operating practices. Increasingly complex operating conditions threaten already squeezed margins. There’s relentless pressure to cut costs whilst increasing productivity. Hazardous events have induced more rigorous compliance requirements and amplified public scrutiny.

All these factors make the drive for operational excellence critical. The need...

By Scott Lehmann, 14 August 2017, 0 comments. Categories: Development, Enterprise, IIoT, IoT, Oil & Gas.

New investments emphasise continued momentum for US IoT space

The IoT investment gravy train continues to run, particularly in the US: California-based MagicCube has secured $8.5 million in series A funding, while Vognition, a smart voice control solution provider out of New Jersey, has raised $700,000.

According to John Koetsier, a mobile economist at TUNE, 2,888 businesses in the US building the IoT employ 342,000 workers, have raised $125 billion in funding, and have created $613 billion in value. Moreover, 95 of them are now unicorns: billion-dollar...

By IoT News, 10 August 2017, 1 comment. Categories: Development, Enterprise, IoT.

Samsung ARTIK Cloud aims to help monetise and create an IoT data economy

A new data monetisation solution announced by Samsung Electronics aims to allow users to share data by IoT devices and enable an ‘IoT data economy’.

Called the ‘Samsung ARTIK Cloud Monetization’, the solution allows device manufacturers and service providers to tap into an open ecosystem and create services plans that generate revenue directly from the interactions of devices and services.

This new data monetisation model allows device manufacturers take advantage of the Samsung ARTIK...

By IoT News, 07 August 2017, 0 comments. Categories: Development, IoT.

Samsung’s semiconductor revenues overshadow Intel’s, says IHS Markit

Though Samsung seems to have taken the number one position in the semiconductor manufacturing sector, analyst firm IHS Markit states that the picture could be slightly different if the data is analysed closely.

Len Jelinek, senior director for semiconductor manufacturing at IHS Markit, is of the opinion that by looking closer at the actual revenues generated by the individual companies from the sale of their own products, a slightly different and more interesting picture emerges.

Data provided by individual...

By IoT News, 01 August 2017, 0 comments. Categories: Development, IoT.

An NB-IoT first for North America – but what will it change?

Last week, and with considerable fanfare, T-Mobile announced completing the trial of North America’s first NB-IoT network. This in contrast to AT&T and Verizon’s strategy for an initial CAT-M1 rollout, to be followed by NB1 at a later date.

While this has justifiably caused initial excitement, to what extent will it truly affect the IoT market, both domestically or abroad?

  • This trial is an exciting NB-IoT first for the United...

By Ilan Reingold, 31 July 2017, 0 comments. Categories: Data & Analytics, Development, IoT.

Hologram makes world’s largest LTE software-defined cellular network for IoT

Hologram has made available what it claims as the world’s largest LTE software-defined global cellular network to enable connectivity for the next generation of IoT devices and smart machines.

The global network that is software defined is accessible to 600 networks worldwide and can be configured through Hologram’s programmable network and APIs.

This renewed network facilitates transparency in pricing options by introducing micro pricing options down to the kilobyte. It also increases flexibility...

By IoT News, 28 July 2017, 0 comments. Categories: Data & Analytics, Development, IoT.

Understanding the critical role of 'first receiver' in IoT data

In The Future of IoT: Leveraging the Shift to a Data Centric World, the concept which underpins the book is the idea that the enterprise will increasingly demand control of IoT data, but to do so in a way that benefits all constituents. This extract focuses on and introduces the important concept of the ‘first receiver’ and how it allows enterprises using various IoT subsystems to effectively leverage data while providing it to external constituents.

The role of the first receiver is first and foremost to allow for...

By Don DeLoach, Emil Berthelsen and Wael Elrifai, 26 July 2017, 0 comments. Categories: Data & Analytics, Development, IoT.

Why IoT as a service will provide businesses with the tools necessary for implementation

While the concept of IoT offers appeal to businesses of every size, there are several issues that have deterred many organisations, especially SMEs, from entering the market. The escalating costs of mobile networks, both 3G and 4G, have made IoT projects at scale unaffordable and while the market has responded with the introduction of low cost, low power wide area networking (LPWANs), as yet there is no one solution standard. Indeed, in the UK, there is no single network that provides nationwide...

By Nick Sacke, 25 July 2017, 0 comments. Categories: Data & Analytics, Development, IoT.