Validere raises $7 million in seed funding to transform oil and gas trading via artificial intelligence

Venture-backed oil and gas IoT and artificial intelligence platform Validere has raised $7 million in seed funding to transform oil and gas trading and logistics through reliable data and Artificial Intelligence (AI) insights.

Currently, as the company puts it, oil and gas companies use unreliable product quality data to make critical operational decisions and to address this problem, Validere is using IoT technologies to...

By IoT News, 06 November 2018, 0 comments. Categories: AI, Data & Analytics, IIoT, IoT, Oil & Gas.

Bentley launches in-car Wi-Fi system for uninterrupted mobile network

Bentley has claimed the launch of the world’s first super-fast, reliable and secure in-car Wi-Fi system with the launch of its Advanced Connectivity.

The British car manufacturer’s customers can now benefit from uninterrupted mobile network coverage while travelling, providing a fully functioning and fully connected executive office on the move.

When using the Bentley...

By IoT News, 05 November 2018, 0 comments. Categories: Connected Cars, IoT.

Amazon’s hiring of less Xmas staff indicates growing automation

Amazon is hiring fewer Xmas workers this year which could be a sign of growing automation within the retail industry.

In the past couple of years, Amazon has brought in 120,000 additional temporary staff to deal with the Christmas rush. This year, that number has dropped to 100,000.

While it’s hardly the robots-are-taking-our-jobs apocalypse some predict, it appears to be the start of a decline in the need for human workers.

Citi Analyst Mark May

By Ryan Daws, 05 November 2018, 0 comments. Categories: AI, Enterprise, IIoT, IoT, Manufacturing.

Why autonomous vehicles on farms might impact consumers’ lives more than on the road

Consumers are rightfully excited about the eventual introduction of autonomous vehicles, as they promise to deliver vast improvements in road safety, travel efficiency, and riding enjoyment.  But current use of self-driving technologies in industrial applications, such as farms and mines, suggests that true, fully autonomous vehicles might arrive first in places other than our roads.  While many of us might not realise it, the benefits of such use on farms would be equally – if not more...

By Brad Lukac, 26 October 2018, 0 comments. Categories: Connected Cars, Enterprise, IoT, Manufacturing.

Turning IoT devices into supercomputers? Sisense has a Hunch for more effective BI

Sisense, a business analytics software firm, has launched its patent-pending Sisense Hunch Data Cognition Engine which aims to turn sensors, phones, and wearable devices into supercomputers.

Sisense Hunch represents a new class of big data analytics, data cognition engines that learns vast amount of datasets and is able to produce microsecond analytical responses to queries that are 99% precise, with a small fraction of the cost and...

By IoT News, 25 October 2018, 0 comments. Categories: AI, Data & Analytics, Development, IoT, Wearables.

Atmosic Technologies introduces platforms to drive battery-free Internet of Things

California-based semiconductor supplier Atmosic Technologies has introduced the industry’s lowest power wireless Bluetooth 5 platforms, which comprises of the company’s inaugural M2 and M3 series, to enable IoT devices to be “forever connected, anywhere.”

Atmosic is developing solutions to enable forever battery life to tackle the effort, cost and ecological impact associated with battery maintenance...

By IoT News, 25 October 2018, 0 comments. Categories: IoT, Standards.

Blue Vision Labs becomes Lyft’s UK hub for driverless cars

Lyft has acquired London-based Blue Vision Labs to become the company’s UK hub for its ‘Level-5’ self-driving car division.

Blue Vision Labs was co-founded in 2016 by Peter Ondruska, Lukas Platinsky, Hugo Grimmet, Andrej Pancik, and Bryan Baum – all graduates from the University of Oxford and Imperial College London.

The company is now a 40-person team featuring some of the world’s brightest minds in computer vision and robotics. Blue Vision Labs combines this expertise to create...

By Ryan Daws, 25 October 2018, 0 comments. Categories: Connected Cars, IoT, Smart Cities.

Flourish driverless car project releases latest findings

Driverless car project Flourish has published its latest research findings into making autonomous vehicles user-friendly.

Autonomous vehicles are set to radically change the landscape of transport. University of Bristol's Professor Robert Piechocki even calls it “the biggest revolution on our roads since the advent of the internal combustion engine.”

Flourish attempts to provide an early glimpse into how this revolution will look and ensure autonomous vehicles are designed with the...

By Ryan Daws, 24 October 2018, 0 comments. Categories: Connected Cars, IoT, Smart Cities.

Digital twins create a building’s mirror image – but there is one thing missing

According to the study titled "Unternehmenstrends 2020" (Company Trends 2020) published by the GdW (Federal Association of German Housing and Real Estate), tenants will be in direct digital communication with property management companies in the future. Digitally collected building data allows operators to monitor technical installations in real time and carry out necessary work just as quickly. At the same time, they can offer their tenants services that...

By Armin Anders, 24 October 2018, 0 comments. Categories: Data & Analytics, IoT, Smart Homes.

EU puts weight behind Wi-Fi over 5G for connected cars

As the industry decides what connectivity should be used for connected cars, the EU appears to be putting its weight behind Wi-Fi over 5G.

The EU hopes the approval of technical specifications for one technology over the other will help bring the industry together.

Once there’s more certainty about what standard will be used, the industry can move forward with confidence. Manufacturers and consumers will both know their new products will be supported and not quickly defunct.

Draft proposals from the EU...

By Ryan Daws, 23 October 2018, 0 comments. Categories: Connected Cars, IoT, Smart Cities, Standards.