Cybeats raises $3 million for greater lifecycle management with IoT devices

Canada-based computer security provider Cybeats is expanding its team in Toronto and abroad by raising $3 million in a recently conducted funding round led by early-stage venture capital fund Ripple Ventures. Real-estate technology venture capital fund GreenSoil Building Innovation Fund was the investor, while MaRS IAF, MLA48, ScaleX and Inovia Capital were the other participants in this fundraiser event.

Cybeats uses internal...

By IoT News, 07 January 2019, 0 comments. Categories: Enterprise, IIoT, IoT, Security.

The best of IoT News in 2018 – and what the experts think will happen for IoT in 2019

2018 has been another important year in the development of the Internet of Things – and if there’s one thing you can be sure of, 2019 will be even bigger. According to IDC’s most recent spending tracker, global IoT spending will hit almost $750 billion in the coming year, led by the manufacturing industry.

Here, IoT...

By James Bourne, 04 January 2019, 0 comments. Categories: AI, Connected Cars, Enterprise, IIoT, IoT, Security, Smart Cities.

Industrial trends for 2019: How manufacturing will shape up

Industry 4.0, the Fourth Industrial Revolution, or the Industrial Internet of Things (IIoT). Regardless of the phrase used to described digitalisation in manufacturing, there’s no denying that a shift has already taken place. But is the age of industrial buzzwords coming to a grinding halt?

‘Industry 4.0’ in practice

Manufacturers have long felt the pressure to invest in new technologies. In the so-called age of Industry 4.0, this pressure has been heightened by an influx of products and...

By Stefan Reuther, 04 January 2019, 0 comments. Categories: Enterprise, IIoT, IoT, Manufacturing.

Six steps to get IoT data crunching right: The importance of organisational structure

A new whitepaper from enterprise data pipeline provider Alooma has put together six steps to more easily integrate cloud tools and IoT data sets.

Organisations have more than realised by now that a data-driven world holds the key to not only the future, but the present. Yet it takes a journey of considerable steps to realise that potential. Last year Maciej Kranz, vice president at Cisco, published an additional workbook alongside his...

By James Bourne, 03 January 2019, 0 comments. Categories: Data & Analytics, Enterprise, IoT.

End-to-end, lifecycle cyber protection for industrial systems: A guide

SCADA networks in any factory or critical infrastructure application require protection against increasingly sophisticated and well-funded cyber threats. As emerging security standards such as IEC 62443 help marshal the industry’s response, effective protection calls for an end-to-end, lifecycle approach to device security, extending from the underlying hardware to top-level applications and back into the supply chain.

Introduction:...

By Wesley Skeffington, 14 December 2018, 0 comments. Categories: Enterprise, IIoT, IoT, Security.

Nutanix announces availability of its Xi IoT and Xi Cloud Services

Cloud computing software provider Nutanix has made available its new edge computing service ‘Xi IoT’, which expedites deployment, removes complexity, and encourages developers to focus on business logic powering IoT applications and services.

The Xi IoT platform is different from the conventional IoT models.

The Xi IoT platform provides machine inference, local compute, and...

By IoT News, 29 November 2018, 0 comments. Categories: Data & Analytics, Enterprise, IoT.

PTC acquires Frustum and partners with Rockwell Automation to boost IoT and AI offerings

Massachusetts-based enterprise software firm PTC has announced that it has bought Colorado-based advanced generative design software company Frustum for about $70 million. Frustum’s generative design technology, which leverages AI to develop options for design, will prove to be a meaningful addition to the PTC Creo portfolio, the company added.

Jim Heppelmann, president and CEO, PTC, said: “PTC is pushing the...

By IoT News, 22 November 2018, 0 comments. Categories: AI, Enterprise, IoT, Manufacturing.

IoT continues to be a hit in the enterprise – but money is being lost through poor implementations

A new study claims that enterprises have started sustaining significant monetary losses due to lack of good practices as they are advancing by integrating IoT into their business models.

The report, which was conducted by ReRez Research and sponsored by world's leading provider of TLS/SSL, PKI and IoT security solutions: DigiCert, surveyed companies that are struggling with IoT security. Twenty-five percent of such firms...

By IoT News, 16 November 2018, 0 comments. Categories: Data & Analytics, Enterprise, IIoT, IoT.

Siemens and Aruba announce strategic partnership focused on bridging OT and IT worlds

Siemens and Aruba, a Hewlett Packard Enterprise company, have announced a strategic partnership that is focused towards bridging the operational technology (OT) and information technology (IT) worlds.

Based on complimentary portfolios, Siemens and Aruba are able to support customers with highly reliable, secure and insightful data networks that allow high plant and network availability. Customers benefit from integrated...

By IoT News, 13 November 2018, 0 comments. Categories: Enterprise, IIoT, IoT.

UK’s largest biz organisation alarmed over employee microchipping

We may need to coin the term Internet of Humans if the concerning possibility of microchipping employees gains much traction.

Around 150 employees in the UK have been implanted with BioTeq chips so far in a bid “to improve security.”

The chips are similar to those used for pets and are implanted between the thumb and forefinger. Once implanted, they allow employees to do things such as access restricted areas with a wave of their hand.

Business organisation CBI, the largest in the UK, has voiced...

By Ryan Daws, 13 November 2018, 0 comments. Categories: Enterprise, Wearables.