Altair Semiconductor: On the Sony acquisition and sustainable IoT

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MWC It is safe to say that the critical buzz around chip and LTE technology provider Altair Semiconductor has rarely been higher. Three weeks after the news broke that Altair was to be acquired by Sony for upwards of $212m (£148m), Eran Eshed, co-founder and VP marketing at Altair, sees it as the “ultimate validation” of Altair’s 10 year vision.

“It’s not just the value of an acquisition,”...

By James Bourne, 25 February 2016, 0 comments. Categories: Enterprise, IoT, Standards.

Analysing the open approach to IIoT app development

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The Industrial Internet of Things (IIoT), where heavy machinery is integrated with networked sensors and software, is about adding a little more finesse to something which already does the heavy lifting. Innovative companies in the manufacturing, energy and utilities, automotive and transportation, and healthcare sectors are capitalising on IIoT as a way to unlock new revenue sources by packaging their products with new digital services.

While the argument for digital...

By Mark Armstrong, 25 February 2016, 0 comments. Categories: Development, Enterprise, IIoT, IoT.

MemSQL showcases potential of industrial IoT with real-time analytics

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Real-time database provider MemSQL will unveil PowerStream, a new application using the Industrial Internet of Things to power real-time analytics, at Spark Summit East.

PowerStream utilises a real-life dataset of close to 20,000 wind farms and 200,000 individual wind turbines equipped with sensors generating over a million transactions per second. The application manages to absorb the data and generate actionable insights in real time.

PowerStream is based on MemSQL Streamliner, an...

By IoT News, 18 February 2016, 0 comments. Categories: Enterprise, IoT.

Have IoT predictions been premature?

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It might be an understatement to say there’s a lot of hype surrounding the Internet of Things (IoT). The predictions have varied wildly, but most seem to agree that we’re only a few years away from a fully connected world. As an example, one prediction from Cisco states that the number of web-connected devices will reach a whopping 50 billion by 2020.

By Rick Delgado, 16 February 2016, 0 comments. Categories: Enterprise, IoT.

Exploring the emerging business models within enterprise IoT

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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

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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

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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

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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

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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

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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.