Why smart device growth is expected to mimic the smartphone craze

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To say that there is an overabundance of technology in our world would be an understatement. After all, there’s even a smart crockpot by Belkin that can be controlled from out of the home.

However, while it certainly seems that there’s a market for every novel idea out there, it’s not so simple to foretell which will hit and which will miss. After all, even smartphones weren’t a hit out of the gate. Infact, by the end of 2009, only

By Eran Eshed, 05 January 2016, 0 comments. Categories: Development, IoT.

ThingWorx owner PTC agrees to acquire Kepware in $100m deal

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US technology firm PTC, owners of the ThingWorx Internet of Things platform, has announced it is to acquire software development provider Kepware for approximately $100 million (£68m) to add to its industrial IoT portfolio.

The agreement also includes a potential $18 million (£12.2m) dependent on meeting certain financial and strategic milestones.

Maine-based Kepware has customers across 120 countries and in industries such as power and utilities, building automation, oil and...

By IoT News, 04 January 2016, 0 comments. Categories: Enterprise, IoT.

IoT in manufacturing to grow 26.9% in 2015-2020

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A new Research and Markets report has forecast that the IoT in manufacturing market will reach $13.49 billion (£9.06bn) in 2020.

Manufacturers are increasingly inclined towards adopting IoT solutions for smart manufacturing to improve efficiency, security and reliability. High employment costs, machine downtimes and regulatory changes are also pushing manufacturing firms towards IoT.

The report estimates the market size and its future growth across different segments, including...

By IoT News, 23 December 2015, 0 comments. Categories: Enterprise, IoT.

Afero platform aims to bring more connectivity and security to IoT

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A new platform called Afero has been unveiled in Los Altos in California, aiming to bring greater connectivity and security to the Internet of Things within and outside the home.

Afero was introduced by a number of industry veterans from Nest, Apple and Google, while at its helm is Joe Britt, a former Engineering Director of Google Android and a co-founder of Danger, which made the T-Mobile Sidekick smartphone.

The team behind Afero has been working almost two years to develop a...

By IoT News, 22 December 2015, 0 comments. Categories: Data & Analytics, IoT, Standards.

The rise of intelligent industry and the Industrial Internet of Things

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According to IDC, the global Internet of Things (IoT) market is set to grow to $1.7 trillion by 2020. Fuelling that is an expected increase in the number of active IoT endpoints, from 10.3 billion in 2014 to more than 29.5 billion in 2020. The proliferation of smart, connected machines and devices is having a profound impact on how industry around the world operates. We are ushering in a new era - the Industrial Internet of Things (IIoT) – where data from interconnected...

By Greg Conary, 21 December 2015, 0 comments. Categories: Enterprise, IIoT, IoT.

IoT weather data transforms insurance and airline industries

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The latest developments weather prediction, driven by the Internet of Things and cognitive computing, are already having a transformative effect on a number of industries including insurance and airlines. The Weather Company’s CEO David Kenny said that sources of data range from satellites in space, airlines providing wind speed and oscillation data, drones and weather balloons,...

By IoT News, 18 December 2015, 0 comments. Categories: Data & Analytics, IoT, Smart Cities.

AT&T inks over 300 IoT deals across sectors in 2015

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The Internet of Things (IoT) has gained significant ground in 2015 and its growth is set to only increase as the years go by. AT&T managed to ink over 300 IoT deals across the automotive, shipping, industrial, health care, home security and smart cities sectors in 2015. The deals were not just limited to the US but also included markets across the globe.

AT&T’s...

By IoT News, 17 December 2015, 0 comments. Categories: IoT.

IBM announces new Watson IoT headquarters, API capabilities

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IBM has announced that the global headquarters for its new Watson IoT business unit and its first European Watson innovation centre will be in Munich, Germany. The campus will have 1,000 consultants, researchers, developers and designers from IBM, working with partners and clients for deeper engagement.

The innovation lab will have...

By IoT News, 16 December 2015, 0 comments. Categories: Development, IoT.

Manufacturing and transportation dominate worldwide IoT spending in 2015 – other verticals to overtake

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An IDC spending guide projects the IoT industry will see a 17% CAGR in the period 2015–2019 to reach $1.3 trillion at the end of the timeframe. Asia/Pacific will dominate spending from a geographical point of view, accounting for 40% of the worldwide total in 2015. North America and Western Europe will take second and third place, accounting for $250 billion in combined...

By IoT News, 15 December 2015, 0 comments. Categories: IoT, Manufacturing, Smart Cities, Smart Homes.

Asia-Pacific governments play key role in realising IoT's potential

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The Asia-Pacific region is seeing a substantial rise in the growth of the IoT industry and it is set to impact technology, economics, and politics. A Business Insider Intelligence report has anticipated the number of internet-connected devices will rise from 10 billion devices at present, to 35 billion by 2020. The report adds that investment in IoT solutions will total close to $6 trillion...

By IoT News, 14 December 2015, 0 comments. Categories: IoT, Standards.