Exploring the emerging business models within enterprise IoT

(c)iStock.com/Riorita

There is an opportunity for today’s businesses to grow exponentially smarter through the explosion of the Internet of Things (IoT).

As the IoT develops, it will usher in the next wave of innovation, which will utilise existing technology and take it to the next level – interoperability and optimisation. For example, in the future all cars will communicate with each other, as well as with smart roads and smart cities, to co-ordinate and optimise journey times and avoid...

By Dr. John Bates, 15 February 2016, 1 comment. Categories: Enterprise, IoT.

HCL Technologies opens IoT incubation centre in Redmond for greater enterprise adoption

(c)iStock.com/RyanKing999

HCL Technologies has unveiled an Internet of Things incubation centre in Redmond, aimed to leverage the Microsoft Azure IoT suite and speed up enterprise IoT adoption.

The facility will develop vertical solutions aimed at the industrial and manufacturing verticals, as well as life sciences and healthcare. The work will be centred on applications in industrial automation, remote patient monitoring and fleet management, among others.

The centre will make use of real-time analytics,...

By IoT News, 09 February 2016, 0 comments. Categories: Enterprise, IoT.

Industrial Internet of Things market to reach $150bn by 2020

(c)iStock.com/gece33

The Industrial Internet of Things (IIoT) market is expected to be worth $151.01 billion (£106.6bn) by 2020, according to a report from Research and Markets.

The IIoT is expected to create avenues for various sectors such as manufacturing, metals and mining, and healthcare. Production processes are slated to be transformed and this will facilitate optimum utilisation of resources, better decision-making, enhanced asset monitoring and improved collaboration while creating avenues to...

By IoT News, 27 January 2016, 0 comments. Categories: Enterprise, IIoT, IoT.

Gartner: Majority of new business will incorporate IoT by 2020

(c)iStock.com/Rawpixel

Analyst house Gartner has argued that over 50% major new business processes and systems will make use of some element of the IoT by 2020.

Adoption of the IoT among consumers and enterprises is set to see a sharp rise as the cost of hardware and the process of connecting it continues to decline. W. Roy Schulte, vice president and distinguished analyst at Gartner, said: “Uses of the IoT that were previously impractical will increasingly become practical. The IoT is relevant in...

By IoT News, 15 January 2016, 0 comments. Categories: Enterprise, IoT.

NEXCOM launches IoT gateway “NISE 50C” for enterprise applications

(c)iStock.com/PonyWang

NEXCOM, a computer software provider, has launched the NISE 50C IoT gateway, developed with control, communication, and connect capabilities which the company claims is ideal for edge controllers and data concentrators.

The IoT gateway can oversee connected devices and manage the collection, storage, and transmission of sensor data, and is capable of distilling unexplored value in data.

The compact fanless NISE 50C comes with flexible functions for real-time control, machine-to-machine...

By IoT News, 14 January 2016, 0 comments. Categories: Enterprise, IoT.

ThingWorx owner PTC agrees to acquire Kepware in $100m deal

(c)iStock.com/andresr

US technology firm PTC, owners of the ThingWorx Internet of Things platform, has announced it is to acquire software development provider Kepware for approximately $100 million (£68m) to add to its industrial IoT portfolio.

The agreement also includes a potential $18 million (£12.2m) dependent on meeting certain financial and strategic milestones.

Maine-based Kepware has customers across 120 countries and in industries such as power and utilities, building automation, oil and...

By IoT News, 04 January 2016, 0 comments. Categories: Enterprise, IoT.

IoT in manufacturing to grow 26.9% in 2015-2020

(c)iStock.com/gece33

A new Research and Markets report has forecast that the IoT in manufacturing market will reach $13.49 billion (£9.06bn) in 2020.

Manufacturers are increasingly inclined towards adopting IoT solutions for smart manufacturing to improve efficiency, security and reliability. High employment costs, machine downtimes and regulatory changes are also pushing manufacturing firms towards IoT.

The report estimates the market size and its future growth across different segments, including...

By IoT News, 23 December 2015, 0 comments. Categories: Enterprise, IoT.

The rise of intelligent industry and the Industrial Internet of Things

(c)iStock.com/Thomas Dernarczyk

According to IDC, the global Internet of Things (IoT) market is set to grow to $1.7 trillion by 2020. Fuelling that is an expected increase in the number of active IoT endpoints, from 10.3 billion in 2014 to more than 29.5 billion in 2020. The proliferation of smart, connected machines and devices is having a profound impact on how industry around the world operates. We are ushering in a new era - the Industrial Internet of Things (IIoT) – where data from interconnected...

By Greg Conary, 21 December 2015, 0 comments. Categories: Enterprise, IIoT, IoT.

PrismTech launches Vortex 2.0 IoT data sharing solution

(c)iStock.com/GreyFebruary

PrismTech has launched an IoT data sharing solution called Vortex 2.0 in order to provide secure real-time data connectivity between low latency fog applications.

The solution aims to facilitate distributed IoT computing between device, edge and cloud.

The use of Vortex is maximised in mission-critical distributed and IoT applications. Vortex is based on the Object Management Group’s (OMG) Data Distribution Service (DDS) for Real-time Systems open standard. Vortex is capable...

By IoT News, 04 December 2015, 0 comments. Categories: Enterprise, IoT.

Two examples of the Internet of Things in new and unexpected places

(c)iStock.com/mathiaswilson

When I started working for Sun Microsystems in 1996 I was asked to help out on a project at an international shipping company. The shipper wanted to be able to track a package’s progress, based on barcodes, through their system from pickup to delivery and all the stops in between. The bigger goal was to create the first global shipping logistics system and use the collected data to improve the company’s processes.

A few years later I found myself working with a New York...

By David Auslander, 02 December 2015, 1 comment. Categories: Enterprise, IoT.