Arxan Technologies cites IoT adoption as key to latest financial results

(c)iStock.com/DrAfter123

Arxan Technologies has witnessed a record-breaking corporate growth, strong industry recognition and product innovation in H1-FY2016, thanks to rapid adoption of Internet of Things (IoT) and mobile applications.

In H1-FY2016, Arxan saw a growth of 400% and 300% in mobile banking industry and mobile payments, respectively, on a y-o-y basis. Arxan added twice as many new customers in the first half of 2016 as compared to 2015. Moreover, the company secured large deals with customers in...

By IoT News, 04 August 2016, 1 comment. Categories: Enterprise, IoT.

CompTIA argues how the channel can benefit from IoT offerings in new research

(c)iStock.com/maxsattana

New research from technology industry trade association CompTIA has found that companies across the information technology (IT) channel are aware and making use of revenue prospects related to the Internet of Things (IoT).

The report, titled “Internet of Things Trends and Opportunities”, has revealed that the number of channel companies gaining revenue from IoT offerings grew from 8% in 2015 to 23% in 2016. Additionally, one-third of channel firms anticipate revenue from...

By IoT News, 02 August 2016, 0 comments. Categories: Enterprise, IoT.

Why the IoT is a ‘tech breakthrough megatrend’…along with VR, AI, and more

(c)iStock.com/muchomor

Pricewaterhouse Coopers (PwC) has named the Internet of Things (IoT) alongside virtual reality, artificial intelligence and 3D printing as one of the eight core technological breakthroughs that the C-suite should “absolutely” consider.

Admitting that none of the technologies picked – including augmented reality, blockchain, drones, and robotics – would be of any surprise to CEOs given the “breathless” coverage often afforded to...

By James Bourne, 01 August 2016, 0 comments. Categories: Development, Enterprise, IoT.

IoT failing to gain traction among federal government agencies, research argues

(c)iStock.com/Kevin Smart

The Center for Data Innovation has released analysis that reveals that federal government agencies have fallen behind in terms of adoption of IoT technology - as only a few have shown openness to innovation.

The analysis argues that agencies need to push through a number of reforms in order to dispel restrictions that hold back more adoption of IoT technology.

Daniel Castro, the Center’s director and the report’s lead author, said: “A few early adopters in the...

By IoT News, 28 July 2016, 0 comments. Categories: Development, Enterprise, IoT.

Robotics, automation, and how a strong network is needed to connect it all up

(c)iStock.com/Kirillm

Cutting-edge robots and other advanced smart machines are set to be added into the rapidly expanding Internet of Things, which is projected to reach 25 billion devices by 2020. Robotics has already been used in manufacturing to great effect for over a decade, performing delicate and precise tasks with a higher success rate than humans. With advancements such...

By Manish Sablokk, 27 July 2016, 1 comment. Categories: Data & Analytics, Enterprise, IoT.

Netclearance boosts workforce IoT space with “mBeaconCard” smart badge

Picture credit: Netclearance

Netclearance has introduced a wearable identity card that facilitates access control, indoor location tracking and contactless payments.

Known as the mBeaconCard, the smart badge contains Bluetooth LE and NFC chips that work with designated readers to facilitate workforce analytics. The mBeaconCard is an application of workforce IoT with its features covering employee safety.

The mBeaconCard aims to make smartphone apps or key fobs redundant as it allows employers in institutions...

By IoT News, 27 July 2016, 0 comments. Categories: Enterprise, IoT, Security.

Why combining software monetisation and IoT is the future of manufacturing

(c)iStock.com/Jane1e

In an increasingly connected world, where every business is now trying to be a technology company, manufacturers are at a crossroads. Those on the hardware side are waking up to the realisation that their industry is starting to embrace software, and the benefits it brings to themselves and their customers, and they must decide if they want to follow suit.

This transition to software brings with it the opportunity for manufacturers to unlock previously untapped revenues and technologies...

By Jamie Longmuir, 26 July 2016, 0 comments. Categories: Enterprise, IoT.

Sopra Steria offers comprehensive support to IoT projects with IoT Line

(c)iStock.com/RyanKing999

IDC projects that the market for connected objects will be worth $7 trillion by 2020 – and in view of this, Sopra Steria, a European IT consultancy firm, has launched a comprehensive solution that provides general support for connected objects.

The company’s offering facilitates digital transformation in order to boost growth and ensure implementation of agile business models. Guillaume Roy, IoT digital practice director at Sopra Steria, said: “With the launch of...

By IoT News, 26 July 2016, 0 comments. Categories: Enterprise, IoT.

Impinj outlines details of IPO as shares soar

(c)iStock.com/David Gunn

Impinj has provided details on the pricing of its initial public offering (IPO). The company is a provider of solutions for identifying, locating and authenticating everyday items using RAIN RFID. A month ago, the company had filed a registration statement with the U.S. Securities and Exchange Commission for the proposed initial public offering of its common stock.

The IPO concerns 4,800,000 shares of common stock at a price to the public of $14.00 per share. Additionally, Impinj has...

By IoT News, 25 July 2016, 0 comments. Categories: Development, Enterprise, IoT.

Revenue growth in US consumer tech driven by emerging technology and IoT adoption

(c)iStock.com/jxfzsy

The Consumer Technology Association’s (CTA) semi-annual forecast revealed that retail revenues in the US consumer technology industry will total $286.6 billion ($224 billion wholesale) in 2016 on account of increase in adoption of the Internet of Things (IoT) and fervour for emerging technology. The report holds that sales of technology products such as wearables, smart home devices and drones will see a 1.3% year-on-year increase.

Gary Shapiro, president and CEO, CTA, said:...

By IoT News, 22 July 2016, 0 comments. Categories: Enterprise, IoT.