BlackBerry CEO believes it will be a decade before self-driving car prevalence

Speaking to shareholders on Wednesday, BlackBerry CEO John Chen said he believes it will be a decade before self-driving cars become mainstream.

A large part of this is not just the difficulty of developing the technology, but also how long it will take for governments to come up with the regulations to support them.

BlackBerry is highly involved in this process and trusted with its reputation for security. The company is working with the American and Canadian governments to determine safety standards.

This is in...

By Ryan Daws, 21 June 2018, 0 comments. Categories: Connected Cars, IoT, Smart Cities.

Crate.io raises $11 million in series A funding to push SQL IoT data platform

Crate.io has raised $11 million in Series A funding to push development of its vision for an open source SQL database for real-time machine data and IoT applications.

The funding round was led by Zetta Venture Partners and Deutsche Invest Equity with participation from Mike Chalfen, Momenta Partners and Charlie Songhurst. According to the company, existing investors Draper Esprit, Vito Ventures and Solomon Hykes also participated in the round, which will be used to boost the growth and adoption of both the...

By IoT News, 20 June 2018, 0 comments. Categories: Data & Analytics, Development, IoT.

IoT worldwide spending to hit $1.2 trillion by 2022, says IDC

Global spending on the Internet of Things (IoT) is set to hit $1.2 trillion by 2022, according to the latest report from IDC.

The findings, which appear in the analyst firm’s latest Worldwide Semiannual Internet of Things Spending Guide, argues the IoT technology market offers business investment opportunities across a variety of industries and illuminated through implementations of use case.

As the diverse IoT market reaches broad-based critical mass, innovative offerings in analytics software, cloud...

By IoT News, 19 June 2018, 0 comments. Categories: Enterprise, IoT, Standards.

Battle for standardisation driving rise of LPWA network connections, research finds

Cellular and non-cellular low power wide-area (LPWA) network connections will grow globally at a CAGR of 53% until 2023, according to a new study from ABI Research.

The market growth will be driven by growth in smart meters and asset trackers, with the continued battle for dominance between the primary standards, NB-IoT, CAT-M, Sigfox and LoRa, also fuelling the rise.

In 2017, smart meters and asset trackers contributed to almost three-quarters of all LPWA network connections, dominated by non-cellular LPWA...

By IoT News, 18 June 2018, 0 comments. Categories: Data & Analytics, IoT, Standards.

Toyota’s $1bn Grab investment is the largest ever in a ride-hailing company

Automotive giant Toyota’s $1 billion investment in Singapore-based company Grab represents the largest ever made in a ride-hailing firm.

Grab is foremost a ride-hailing firm similar to Uber. In fact, Grab acquired Uber’s operations in Southeast Asia.

Also similar to Uber is Grab having its own recently-unveiled food delivery service, GrabFood. The company is even launching an e-payment service, GrabPay.

Considering the wild success of Uber, it’s unsurprising investors are...

By Ryan Daws, 13 June 2018, 0 comments. Categories: Connected Cars, IoT, Smart Cities.

CEBIT 2018: Huawei debuts its latest IoT and AI products

During CEBIT 2018, Huawei unveiled several of its latest IoT and AI products designed to help enterprises create ‘intelligent’ transformation.

Huawei’s President of Global Marketing, Qiu Heng, delivered a keynote speech in which he spoke of how the IoT and AI are enabling businesses to connect the physical and digital world.

The company’s OceanConnect IoT platform has been upgraded to support connected cars systems.

Huawei highlights four key elements of its IoV (Internet of Vehicles)...

By Ryan Daws, 12 June 2018, 0 comments. Categories: AI, Enterprise, IoT.

Study: Connected car owners will trade personal data for services

A study conducted by Edison Research has found a willingness from connected car owners to trade personal data for services.

The research, commissioned by automotive data services platform Otonomo, indicates high-profile privacy breaches have not shaken the majority of consumers’ willingness to share personal data — as long as it’s clear what services they’ll receive in return.

On average, around 80 percent of those surveyed who expressed interest in...

By Ryan Daws, 07 June 2018, 0 comments. Categories: Connected Cars, Data & Analytics, IoT, Smart Cities.

Windows 10 IoT Core Services arrives promising a decade of updates

Microsoft has announced Windows 10 IoT Core Services along with the promise it will be updated for at least the next decade.

The company expects a new release every two to three years. With each one, a further 10 years of support will be guaranteed.

The commitment offers assurance that any ‘Things’ deployed won’t be outdated anytime soon. With large-scale IoT deployments, this is particularly vital to avoid fears of costly replacements and/or downtime.

Microsoft’s existing IoT Core...

By Ryan Daws, 06 June 2018, 0 comments. Categories: IIoT, IoT, Smart Cities.

SensorUp raises $2 million to bolster Internet of Things for geolocation

Canadian IoT company SensorUp, which led the development of the Open Geospatial Consortium SensorThings API standard specification, has raised $2 million in a seed funding round organised by Vanedge Capital.

The accumulated funds will be utilised to expedite the go-to-market campaign of their award-winning SensorThings Cloud service and create new data-driven IoT business solutions for smart cities, first responders, and field service.

SensorUp adheres to key standards that make its software future-proof,...

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

Red Hat teams up with Vorwerk to help create smarter home appliances

Red Hat has announced that Vorwerk is implementing a new IoT environment with multi-cloud support and an infrastructure based on Red Hat OpenShift Container Platform.

This hybrid cloud solution is developed from enterprise-grade Kubernetes and Linux containers that provide the flexible, scalable architecture for Vorwerk to expand device connectivity and application processing power.

In order to get better leverage of the increasingly connected nature of the consumer world, Vorwerk applied a digital recipe...

By IoT News, 04 June 2018, 0 comments. Categories: IoT, Smart Homes.