Nordic enterprises see 5G services playing key role in IoT proliferation

A new report from Information Services Group (ISG) suggests that enterprises in the Nordic region consider the deployment of 5G mobile services as a catalyst for the proliferation of IoT solutions.

The report, titled ‘2019 ISG Provider Lens IoT Transformational Services, Technology, Solutions, Platforms, and Industries Report for the Nordics’, sees the IoT trend advancing in the Nordic nations as it is being set...

By IoT News, 19 August 2019, 0 comments. Categories: Enterprise, IIoT, Manufacturing.

IBM X-Force: Mirai is increasingly targeting enterprise IoT devices

Researchers from IBM X-Force have found variants of the infamous IoT botnet Mirai are increasingly targeting enterprise devices.

Mirai caused havoc in 2016 when it was used to flood DNS provider Dyn with unprecedented amounts of traffic. Dyn’s downtime impacted some of the world’s most popular services including Twitter, Spotify, PlayStation Network, GitHub, Netflix, and Soundcloud.

There are more than 60 known variants of Mirai. Typically, these variants have sought to infect easily hackable...

By Ryan Daws, 19 July 2019, 0 comments. Categories: Enterprise, Healthcare, IIoT, IoT, Manufacturing, Security.

Why smart machines are the future of manufacturing

  • Industrial Internet of Things (IIoT) presents integration architecture challenges that once solved can enable use cases that deliver fast-growing revenue opportunities
  • ISA-95 addressed the rise of global production and distributed supply chains yet are still deficient on the issue of data and security, specifically the proliferation of IIoT sensors, which are the real security perimeter of any manufacturing business
  • Finding new ways to excel at predictive maintenance, and cross-vendor shop floor integration are the most promising applications
  • IIoT manufacturing systems are...

By Louis Columbus, 20 June 2019, 0 comments. Categories: Data & Analytics, Enterprise, IIoT, Manufacturing.

Seven things you need to know about IIoT in manufacturing – and its powerful influence

  • Global spending on IIoT platforms for manufacturing is predicted to grow from $1.67 billion in 2018 to $12.44bn in 2024, attaining a 40% compound annual growth rate (CAGR) in seven years
  • IIoT platforms are beginning to replace MES and related applications, including production maintenance, quality, and inventory management, which are a mix of information technology (IT) and operations technology (OT) technologies
  • Connected IoT technologies are enabling a new era of smart, connected products that often expand on the long-proven platforms of everyday products.

By Louis Columbus, 10 June 2019, 0 comments. Categories: Data & Analytics, Enterprise, IIoT, IoT, Manufacturing.

India’s new government plans IoT and AI workforce reskilling

India’s new government plans workforce reskilling in areas like the IoT and AI to become a world leader in emerging technologies.

The government plans to expand its ‘Skill India’ initiative with dedicated policies which ensure the nation’s youth can grasp important new technologies.

“Reskilling and upskilling is big on the incoming government's agenda,” a senior government official

By Ryan Daws, 28 May 2019, 0 comments. Categories: AI, Development, Enterprise, Healthcare, IIoT, IoT, Manufacturing, Smart Cities.

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.

‘Hank’ aspires to be the world’s most dexterous robot

A robot developed by Cambridge Consultants called Hank aims to be the world’s most dexterous robot with humanlike mobility.

Hank features pneumatic fingers that are flexible and contain a ‘pioneering’ sensor to provide a sense of touch and grip. Using the sensor, Hank is able to hold and grip even the most delicate objects.

The inability to emulate the human touch has been a key reason behind the lack of robot adoption in areas like manufacturing line picking and agriculture.

Bruce Ackman,...

By Ryan Daws, 16 May 2019, 0 comments. Categories: IIoT, IoT, Manufacturing.

Predictive maintenance: How a small team of AI scientists can change the world

The confluence of emerging technologies - and their impact in concert - is becoming ever-more pronounced. Edge computing has previously been something of an unsung hero - but for the Internet of Things (IoT), and more specifically predictive maintenance, it is increasingly key.

Take driverless cars as an example. Mike Fay, business development manager at Dell Techologies' IoT and embedded computing group, notes it is an edge device in itself. "You have to do it at such a pace to get it to almost...

By James Bourne, 26 April 2019, 0 comments. Categories: Enterprise, IIoT, IoT, Manufacturing.

Microsoft and BMW launch open platform to support smart factory development

Microsoft and the BMW Group have announced a new initiative at Hannover Messe aimed at enabling faster and more cost-effective innovation in the manufacturing sector.

In manufacturing, complex, proprietary systems, that create data silos and slow productivity, can delay production and profitability. The Open Manufacturing Platform (OMP) is designed to break down these barriers with the creation of an open technology framework...

By IoT News, 05 April 2019, 0 comments. Categories: AI, Connected Cars, Enterprise, IoT, Manufacturing.

How IoTium has found a key gap in the market for industrial automation and is planning for growth

MWC19 IoTium, a provider of software for industrial automation, has had little short of a stunning 12 months. The company has been recognised by both the media – this publication recently named it in its top 25 IoT startups – and industry bodies with a listing in the prestigious GSMA 100 last month the highlight. 

With this on board Ron Victor, IoTium CEO (left), is in no mood to slow down. IoT News caught up...

By James Bourne, 12 March 2019, 0 comments. Categories: Data & Analytics, Development, IIoT, IoT, Manufacturing, Oil & Gas.

Ericsson IoT chief on AI, 5G, and connecting 'things' instead of ‘a thing’

We spoke to Ericsson IoT Head Jeff Travers during MWC 2019 about where the industry is heading and how emerging technologies are opening new possibilities.

A running theme of this year’s event was how technologies such as the IoT, 5G, AI, and blockchain are converging in powerful ways. Last year was a lot of talk about their potential, this year we’re seeing more actual deployments.

Transportation is one area where the IoT is having a major impact. The morning of our interview, Ericsson announced...

The top 25 IoT startups to watch in 2019: A guide

  • 26,792 startups are relying on IoT as one of their main technologies to launch new products and services and support platform-based business models according to Crunchbase.
  • 78.4% of IoT startups Crunchbase tracks have had two funding rounds or less with seed, angel and early-stage rounds being the most common.
  • IoT startup funding reached $16.7bn in Q4, 2018, with last years’ funding levels 94% over 2017 according to Venture Scanner.
  • By 2020, 50% of IoT spending will be driven by discrete manufacturing, transportation and...

By Louis Columbus, 21 February 2019, 1 comment. Categories: AI, Data & Analytics, Enterprise, IIoT, IoT, Manufacturing, Oil & Gas.

Vodafone IoT Barometer 2019: ‘Significant acceleration’ in adoption

The 2019 edition of Vodafone’s annual IoT Barometer has been released showing a surge in adoption of the burgeoning technology.

For its research, Vodafone surveyed 1,758 businesses worldwide. More than a third (34%) have now adopted the IoT to some extent.

Stefano Gastaut, CEO of IoT at Vodafone Business, said:

“IoT is central to business success in an increasingly digitised world, with 72 percent of adopters saying digital transformation is impossible without it.

By Ryan Daws, 19 February 2019, 0 comments. Categories: Enterprise, IIoT, IoT, Manufacturing, Smart Cities.

UK launches first 5G smart factory as part of industrial trial

The UK has launched its first 5G smart factory as part of an industrial trial examining how British factories can be modernised.

Bosch’s factory in Worcester has been fitted with sensors and 5G-based technology for monitoring its operations.

The factory will be combining IoT sensors and 5G for preventative maintenance. Data analytics will help to predict failures before they occur.

By Ryan Daws, 13 February 2019, 0 comments. Categories: Enterprise, IIoT, IoT, Manufacturing, Smart Cities.

Industrial trends for 2019: How manufacturing will shape up

Industry 4.0, the Fourth Industrial Revolution, or the Industrial Internet of Things (IIoT). Regardless of the phrase used to described digitalisation in manufacturing, there’s no denying that a shift has already taken place. But is the age of industrial buzzwords coming to a grinding halt?

‘Industry 4.0’ in practice

Manufacturers have long felt the pressure to invest in new technologies. In the so-called age of Industry 4.0, this pressure has been heightened by an influx of products and...

By Stefan Reuther, 04 January 2019, 0 comments. Categories: Enterprise, IIoT, IoT, Manufacturing.

MachineMetrics raises $11.3m to help assist manufacturers with analytics initiatives

Industrial IoT analytics and machine monitoring platform MachineMetrics has raised $11.3 million in a recently held series A financing round that was led by Tola Capital.

MachineMetrics’ system is designed in such a manner that its customers can install it by themselves without requiring costly and time-consuming customisation. Once the installation is done, manufacturers can collect, visualise and analyse data from any...

By IoT News, 12 December 2018, 0 comments. Categories: IIoT, IoT, Manufacturing.

Hyundai, SK Telecom, and Trimble collaborate on IoT construction solution

A trio of companies from the US and South Korea are partnering on an IoT construction solution which incorporates 5G and AI.

The companies – Hyundai, SK Telecom, and Trimble – will build a solution enabling construction equipment to be monitored remotely. Safety can be managed in real-time and operations improved with AI.

Hyundai Construction Equipment provides the physical hardware for the solution with equipment such as forklifts and excavators.

Trimble, a US-based company, will provide the...

By Ryan Daws, 10 December 2018, 0 comments. Categories: IIoT, IoT, Manufacturing.

Semtech utilises IoT-equipped LoRa devices in agriculture and smart ranching

Semtech has announced that Australian carrier National Narrowband Network Co (NNNCo) is deploying a publicly available network based on the LoRaWAN protocol that will leverage Semtech’s LoRa devices and technology to build Internet of Things (IoT) applications.

The network will rolled out with Australian agriculture company Goanna Ag, with an aim to bring smarter irrigation management solutions to Australian cotton...

By IoT News, 06 December 2018, 0 comments. Categories: Development, IoT, Manufacturing.

PTC acquires Frustum and partners with Rockwell Automation to boost IoT and AI offerings

Massachusetts-based enterprise software firm PTC has announced that it has bought Colorado-based advanced generative design software company Frustum for about $70 million. Frustum’s generative design technology, which leverages AI to develop options for design, will prove to be a meaningful addition to the PTC Creo portfolio, the company added.

Jim Heppelmann, president and CEO, PTC, said: “PTC is pushing the...

By IoT News, 22 November 2018, 0 comments. Categories: AI, Enterprise, IoT, Manufacturing.