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.

Ring discusses the smart home, choosing IoT standards, and its mission to reduce crime

IoT News caught up with Ring at IFA Berlin to discuss the smart home, how it chooses what standards to use, and its mission to reduce crime.

A vast number of Ring customers likely picked up a video doorbell primarily for uses such as avoiding missed packages. The ability to be almost anywhere in the world and be able to speak to a delivery driver at your door still feels futuristic even several years later.

While a large number of people consider video doorbells a convenience, Ring wants to make clear...

By Ryan Daws, 06 September 2019, 0 comments. Categories: AI, IoT, Smart Homes, Standards.

Smart doorbell firm Ring gives 400 police forces access to footage

Smart doorbell company Ring has forged a relationship with over 400 police forces to provide them with video clips from users' devices.

Ring is calling its provision of footage to police America's "new neighbourhood watch". When a crime has been committed in an area, police can access footage from Ring doorbells in the area which could assist with catching the culprit/s.

Users will first receive a notification that the police wish to access recordings from the device on the date and time of...

By Ryan Daws, 28 August 2019, 0 comments. Categories: IoT, Smart Homes.

IKEA doubles down on its smart home ambitions

IKEA is planning to make an even bigger bet on the smart home with a new dedicated business unit and increased investment.

“At IKEA we want to continue to offer products for a better life at home for the many people going forward. In order to do so we need to explore products and solutions beyond conventional home furnishing,” says Björn Block, Head of the new IKEA Home smart Business Unit at IKEA of Sweden. 

After launching smart home lighting in 2017, IKEA has been quickly expanding...

By Ryan Daws, 19 August 2019, 0 comments. Categories: IoT, Smart Homes.

Evan Cummack: Why now is the perfect time to jump into the IoT 

Evan Cummack, Twilio’s head of IoT & Wireless, explains why now is the perfect time to jump into the Internet of Things.

Cummack led a session titled ‘The IoT opportunity right outside your door’ at this year’s Twilio Signal conference in San Francisco. That IoT opportunity, Cummack says, is creating “entrepreneurial whitespace” larger than PC, mobile, and even the web.

When just about every ‘thing’ can be connected to the internet in some way, it’s...

By Ryan Daws, 12 August 2019, 0 comments. Categories: Development, IoT, Smart Cities, Smart Homes.

Trend Micro blocked five million IoT camera hack attempts

Cybersecurity experts from Trend Micro blocked five million attempted hacks of IoT cameras.

IP cameras have become a prime target for hackers. Viewing inside someone’s home or business has clear advantages for someone with malicious intent. This could involve blackmail, or even seeing what items a property holds and whether anyone is around.

Other key reasons provided by Trend Micro for hackers targeting IP cameras include:

  • Constant connectivity. Like many other devices, IP cameras need to be internet-connected to function properly. However, exposure to the internet also makes it easy for hackers to...

By Ryan Daws, 01 July 2019, 0 comments. Categories: IoT, Security, Smart Cities, Smart Homes.

IoT attacks could put a £1bn hole in the UK economy

Research from Irdeto suggests IoT attacks may cost the UK economy over £1 billion per year due to lax security measures.

UK organisations in critical industries such as healthcare, transport, and manufacturing were polled by the Dutch security vendor. Irdeto found attacks on IoT equipment caused £244,000 in losses on average.

Steeve Huin, VP at Irdeto, said:

“Insecure IoT devices and companion apps are essentially low-hanging fruit for cybercriminals, who are increasingly...

By Ryan Daws, 24 May 2019, 0 comments. Categories: Enterprise, Healthcare, IIoT, IoT, Manufacturing, Security, Smart Cities, Smart Homes.

Amazon debuts first premium Alexa skills in the UK

Amazon has announced the first batch of premium Alexa skills launching in the UK aiming to offer users a higher quality experience.

Earlier this month, Amazon announced ‘in-skill’ purchases were coming to the UK. Much like in-app purchases, developers can offer feature unlocks for one-time payments or subscriptions to access premium content for a limited time.

The ability enables developers to monetise their Alexa skills while subsequently incentivising them to create great experiences....

By Ryan Daws, 17 May 2019, 0 comments. Categories: AI, Development, IoT, Smart Homes.

UK gov announce laws to protect IoT devices from cyberattacks

The UK government has announced plans for new laws which aim to protect IoT devices from cyberattacks.

Digital Minister Margot James unveiled the measures today in a bid to slow the huge growth in attacks targeting connected devices.

In a press release, James wrote:

“Many consumer products that are connected to the internet are often found to be insecure, putting consumers privacy and security at risk. Our...

By Ryan Daws, 01 May 2019, 0 comments. Categories: Enterprise, IIoT, IoT, Security, Smart Cities, Smart Homes.

The IoT is being hindered by full-time cybersecurity talent shortage

A report from Experis claims that IoT development is being hindered by companies failing to hire full-time cybersecurity talent.

In the latest Industry Insiders report, Experis highlights the growth in cybersecurity vacancies posted in Q4 2018. 13,214 related jobs were advertised in the quarter – representing a 10 percent year-on-year increase, and 16.6 percent over the previous quarter.

Despite this increasing demand, the average salary has for...

By Ryan Daws, 25 April 2019, 0 comments. Categories: Development, Enterprise, IIoT, IoT, Security, Smart Cities, Smart Homes.