Losant secures $5.2 million in Series A financing to meet surging IoT solutions demand

Losant, a US-based startup that helps enterprises build IoT solutions, prepares itself to meet the surging demand for next generation connected solutions by securing a sum of $5.2 million in a Series A financing round.

Securing the amount, Charlie Key, CEO of Losant, said: “We’re excited to see our platform power intelligent solutions across a gamut of industries and use-cases. Our customers are pushing new boundaries in industrial equipment monitoring, asset tracking, smart buildings, and more....

By IoT News, 20 February 2018, 0 comments. Categories: Enterprise, IoT.

IoT identity and management revenues to hit $21.5bn by 2022, says ABI Research

ABI Research projects that revenues from IoT identity and management are heading to hit the $21.5 billion benchmark by 2022, driven by IoT platform services together with security, cryptography, digital certificate management and data exchange services.

According to predictions put forward by the advisory firm in its report “​Thing Identity and Management Services”, IDoT (Identity of Things) services will realise robust growth over the next five years driven primarily by the industrial,...

By IoT News, 12 February 2018, 0 comments. Categories: Development, Enterprise, IoT.

Why smart city technologies are set to drive ‘trillions’ in economic growth over the coming decade

Smart city technologies are set to drive the economic development of cities by more than 5% and drive more than $20 trillion in additional economic benefits by 2026, according to an ABI Research report.

The report, titled ‘Roles of Smart Cities for Economic Development’, was commissioned by InterDigital on behalf of its Smart Cities-focused business, Chordant. In order to capitalise on the economic benefits, cities must begin preparation and investment now, the report noted.

Jim Nolan, executive...

By IoT News, 29 January 2018, 0 comments. Categories: Enterprise, IoT, Smart Cities.

Why IoT in agriculture is set to see ‘incredible’ growth until 2025

The use of IoT solutions in agriculture can bring in a revolution to the industry by enhancing productivity, minimising agriculture wastage, and overcoming climate related natural calamities, according to a new missive from Transparency Market Research.

Enhanced agricultural productivity implies a decline in the number of undernourished individuals, the count of which stands at 795 million between 2014 and 2016, as per the Food and Agriculture Organization data. 

The need for IoT in the agricultural...

By IoT News, 24 January 2018, 1 comment. Categories: Data & Analytics, Development, Enterprise, IoT, Manufacturing.

IoT deployment doubles among New Zealand enterprises in 2017, says IDC

The implementation of IoT solutions among enterprises in New Zealand has increased two-fold to 25.7% in 2017 from 13.7% in 2016, according to IDC.

IDC New Zealand’s yearly Internet of Things Decision Maker Report explains how the companies understand the advantages of deploying IoT and implement the solution to boost productivity and enhance customer related experience.

Explaining the reason behind the increase, Monica Collier, research manager for telecommunications, IDC New Zealand, said: "New...

By IoT News, 17 January 2018, 0 comments. Categories: Data & Analytics, Enterprise, IoT.

Gemalto wins AT&T certification for Cinterion LTE-M IoT module

Gemalto has announced it has won AT&T certification for the Cinterion LTE-M IoT module expanding cellular connectivity possibilities for solutions related to IoT.

Gemalto’s Cinterion LTE-M IoT enables highly efficient use of existing 4G networks by utilising marginal energy and IoT-optimised bandwidth. The module is suitable for IoT solutions with fixed power budgets and that do not require high data throughput such as remote monitoring and control, healthcare, security systems, POS and smart city...

By IoT News, 16 January 2018, 0 comments. Categories: Development, Enterprise, IoT, Standards.

Senioradom and Sigfox combine to deploy IoT-driven telecare solution in China

The recent collaboration between Senioradom and Sigfox will see the deployment of IoT-driven telecare solution in 20 biggest cities of China for better protection of senior citizens.

Incorporated with multiple movement sensors, the telecare solution formulated by the IoT connectivity service provider Sigfox and telecare firm Senioradom has several features such as door opening detection and an alert and geo-localisation necklace. The solution is designed in such a way that it can automatically detect any...

By IoT News, 12 January 2018, 0 comments. Categories: Development, Enterprise, IoT.

Data monetisation highlighted among key IoT trends in 2018 according to EY

The EY IoT Competence Center has highlighted data monetisation, revival of network edge processing, and convergence of disruptive technologies such as IoT, blockchain and AI, among some of the key IoT trends that will be in the mainstream in 2018.

Among the key IoT trends that will be prevalent in this year is data monetisation. The team of IoT professionals said that business models that are based on IoT capabilities are very conventional and the anticipated benefits are just circled around the ways to...

By IoT News, 11 January 2018, 0 comments. Categories: Data & Analytics, Enterprise, IoT.

The opportunity for manufacturers to change business models through connected products

Manufacturers find themselves in an increasingly complex environment. Product sales alone are not delivering the results that shareholders and leaders want, driving many manufacturers to turn to after-sales services for revenue and profit growth.

This whitepaper from IDC assesses how the rise of connected products is offering a prime opportunity for manufacturers to shift their traditional product-centric sales model to a model that delivers ‘outcomes’ through a combination of products and...

By James Bourne, 09 January 2018, 0 comments. Categories: Enterprise, IoT.

Why mining businesses are digging into the IoT to remain competitive

As competition in the mining sector intensifies, businesses involved in the industry are banking on the IoT to maintain a competitive edge and retain their market share.

Inmarsat’s most recent report, “The Future of IoT in Enterprise”, argues that the mining businesses will get great support from the IoT in boosting automation level and production efficiency. According to the report, IoT will play a vital role in the mining sector where profit margins are under pressure due to growing...

By IoT News, 05 January 2018, 0 comments. Categories: Data & Analytics, Enterprise, IoT.