McRock Capital secures $100 million funding focusing on Industrial IoT use cases

McRock Capital has successfully raised $100 million (£80m) for its second fund focused on the Industrial Internet of Things (IIoT).

The new fund, McRock Fund II LP, has support from investors like Cisco Investments, Shell and other significant corporate and institutional investors including BDC Capital, Export Development Canada, Alberta Enterprise Corporation, and HarbourVest.

By IoT News, 16 September 2019, 0 comments. Categories: Enterprise, IIoT, IoT.

Nordic enterprises see 5G services playing key role in IoT proliferation

A new report from Information Services Group (ISG) suggests that enterprises in the Nordic region consider the deployment of 5G mobile services as a catalyst for the proliferation of IoT solutions.

The report, titled ‘2019 ISG Provider Lens IoT Transformational Services, Technology, Solutions, Platforms, and Industries Report for the Nordics’, sees the IoT trend advancing in the Nordic nations as it is being set...

By IoT News, 19 August 2019, 0 comments. Categories: Enterprise, IIoT, Manufacturing.

Arrow Electronics teams up with IBM and National Instruments for predictive maintenance suite

Arrow Electronics has announced that it is teaming up with IBM and National Instruments in order to offer a predictive maintenance suite that enables data-driven operations in oil and gas plants, factories, mines and other rugged environments.

With the integration of National Instruments’ advanced industrial monitoring devices with IBM’s analytics/AI and asset management software, the new Wireless Industrial Asset...

By IoT News, 09 August 2019, 0 comments. Categories: Enterprise, IIoT, IoT.

IBM X-Force: Mirai is increasingly targeting enterprise IoT devices

Researchers from IBM X-Force have found variants of the infamous IoT botnet Mirai are increasingly targeting enterprise devices.

Mirai caused havoc in 2016 when it was used to flood DNS provider Dyn with unprecedented amounts of traffic. Dyn’s downtime impacted some of the world’s most popular services including Twitter, Spotify, PlayStation Network, GitHub, Netflix, and Soundcloud.

There are more than 60 known variants of Mirai. Typically, these variants have sought to infect easily hackable...

By Ryan Daws, 19 July 2019, 0 comments. Categories: Enterprise, Healthcare, IIoT, IoT, Manufacturing, Security.

5G Americas explores how the IoT and 5G will ‘create our connected future’

A whitepaper released by industry trade organisation 5G Americas delves into how the IoT and 5G will ‘create our connected future’.

The whitepaper explains how standards body 3GPP has been helping to future-proof the cellular technology which is expected to underpin massive IoT deployments (defined as at least one million devices per kilometre).

No organisation wants to be responsible for having to replace the batteries of such large deployments on a frequent basis, so the 5G networks are expected...

By Ryan Daws, 17 July 2019, 0 comments. Categories: IIoT, IoT, Smart Cities, Standards.

The future of factories in an IoT-driven world: Budget and data challenges and opportunities

The Internet of Things (IoT), as an acronym, can potentially have a double meaning. Naturally, while the term came to pass and be accepted to describe the process of connecting sensors in physical objects to wireless networks, the industry continues to get to grips with the coming together of information technology and operational technology. So not so much IoT - perhaps more IT/OT.

Nowhere is this IT and OT fusion more pronounced than in a factory setting. An engaging panel debate at

By James Bourne, 20 June 2019, 0 comments. Categories: AI, Data & Analytics, Enterprise, IIoT, IoT.

Why smart machines are the future of manufacturing

  • Industrial Internet of Things (IIoT) presents integration architecture challenges that once solved can enable use cases that deliver fast-growing revenue opportunities
  • ISA-95 addressed the rise of global production and distributed supply chains yet are still deficient on the issue of data and security, specifically the proliferation of IIoT sensors, which are the real security perimeter of any manufacturing business
  • Finding new ways to excel at predictive maintenance, and cross-vendor shop floor integration are the most promising applications
  • IIoT manufacturing systems are...

By Louis Columbus, 20 June 2019, 0 comments. Categories: Data & Analytics, Enterprise, IIoT, Manufacturing.

Sak Nayagam, BHGE: On the Industrial Internet of Things and changing energy demands

Sak Nayagam, head of alliances and channels for digital oil and gas at Baker Hughes, A GE company (BHGE), has spent the vast majority of his career thinking about the interlocking of digital and technology and how it can enable a cleaner energy future. The future, he tells IoT News, is an exciting one – but there are plenty of complex areas to navigate first.

By James Bourne, 14 June 2019, 0 comments. Categories: Enterprise, IIoT, Oil & Gas, Smart Cities.

Seven things you need to know about IIoT in manufacturing – and its powerful influence

  • Global spending on IIoT platforms for manufacturing is predicted to grow from $1.67 billion in 2018 to $12.44bn in 2024, attaining a 40% compound annual growth rate (CAGR) in seven years
  • IIoT platforms are beginning to replace MES and related applications, including production maintenance, quality, and inventory management, which are a mix of information technology (IT) and operations technology (OT) technologies
  • Connected IoT technologies are enabling a new era of smart, connected products that often expand on the long-proven platforms of everyday products.

By Louis Columbus, 10 June 2019, 0 comments. Categories: Data & Analytics, Enterprise, IIoT, IoT, Manufacturing.

Sony's debut IoT chip features a 60-mile range using Eltres

Sony is debuting an IoT chip that can work in fast-moving vehicles with an impressive 60-mile range, perfect for the industry of which Jeff Bezos is so excited.

The chip will use Sony’s Eltres LPWA (Low-Power Wide Area) network announced last week. Launching in Japan this year, Eltres uses microchips in tandem with antennas to relay a signal to a base station which can be over 60 miles (100 km) away.

In an example provided by...

By Ryan Daws, 03 June 2019, 0 comments. Categories: Connected Cars, Enterprise, IIoT, IoT, Smart Cities, Standards.