Revenues from ‘multi-family’ IoT device sales to expand significantly, says Navigant

The annual revenue from ‘multi-family’ IoT device sales is expected to increase to $35.6 billion (£29bn) by 2028 at a CAGR of 23.8%, according to Navigant Research.

According to the report, titled “IoT for Multifamily New Construction and Retrofit Markets”, builders and property managers are becoming more aware of the benefits of building-wide smart home technology, and stakeholders have started to...

By IoT News, 19 September 2019, 0 comments. Categories: IoT, Smart Homes.

Shanghai becomes the first Chinese city to license self-driving cars to carry passengers

Shanghai has become the first city in China to issue permits allowing passengers to be carried on the streets in self-driving cars.

Initial licenses have been granted to Chinese automaker SAIC motor group, Germany’s BMW, and ride-hailing company Didi Chuxing.

Under the terms of the permit, each company is allowed to deploy up to 50 vehicles. If there’s no incident after six months, there’s room for the firms to expand their fleets. A human driver must always be available to take control if...

By Ryan Daws, 19 September 2019, 0 comments. Categories: AI, Connected Cars, IoT, Smart Cities.

Ericsson’s automated smart factory in China goes operational

Ericsson has achieved an important milestone in its smart manufacturing process in China, with its smart factory in Nanjing now becoming operational.

The Swedish telecommunications giant spent £41m to transform its existing factory in Nanjing, which is now claimed as the most advanced manufacturing facilities in the industry. This facility produces 4G and 5G radio technology products, of which most support...

By IoT News, 18 September 2019, 0 comments. Categories: Development, Enterprise, IoT, Smart Cities.

What’s next for the Internet of Things? Going to the edge

The Internet of Things is discussed so much that it gets nearly 2.5 billion hits on a Google search. Everyone wants to know what’s next in this arena, which touches our lives in so many ways these days as internet connectivity becomes increasingly fused into everyday objects and physical “things.” 

I can tell you where IoT is going next, however. Based on a study by...

By Alan Conboy, 17 September 2019, 0 comments. Categories: Data & Analytics, Development, IoT.

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.

Samsung and O2 are building connected 5G ambulances for the NHS

Korean tech giant Samsung has partnered with telecoms firm O2 to help build connected 5G ambulances for the NHS.

The partners will begin testing the next-generation ambulances later this month. Eight ambulances from the East of England Ambulance Trust will be equipped with new technologies including support for real-time video and field data collection.

Derek McManus, COO at O2 said: “It’s no secret there is increasing pressure on our health services. Healthcare is one of the areas set to benefit...

By Ryan Daws, 16 September 2019, 0 comments. Categories: Connected Cars, Healthcare, IoT, Smart Cities.

Paris to install Bluetooth-powered public furniture across city with Nodle partnership

Metro stations and parks in Paris will see installation of 3,000 Bluetooth-enabled smart benches and other urban amenities that will transmit real-time data to help city officials keep a track of possible migration of these public properties between parks and different locations.

The city would run and oversee the project in collaboration with US-based IoT and connectivity network provider, Nodle.io.

By IoT News, 12 September 2019, 0 comments. Categories: IoT, Smart Cities.

Fleet Space Technologies raises $7.35m in funding for satellite IoT connectivity

Fleet Space Technologies, an Australian satellite startup, has raised £5.95m in funding to help launch its next-generation of nanosatellites, which aims to deliver IoT connectivity to customers around the world.

The satellites, which are similar to the size of shoeboxes, are said to be inexpensive and much easier to launch compared to traditional geocommunication satellites.

By IoT News, 10 September 2019, 0 comments. Categories: Data & Analytics, Development, IoT.

IoT, edge and big data causes network overload with rearchitecture the answer, report notes

Enterprises are evidently adopting emerging technologies, such as the Internet of Things (IoT) and edge computing – but the network is struggling with the demands being placed upon it.

That’s the key finding from a new study by Accenture. The Network Readiness Survey, which was based on a poll of 300 senior IT and business executives, found that while more than three quarters (77%) of organisations have invested in...

By James Bourne, 09 September 2019, 0 comments. Categories: Data & Analytics, IoT.