IoT platform startup Particle announces $10.4m series A funding

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San Francisco-based IoT platform provider Particle has announced the completion of a $10.4 million (£8.4m) funding round, vowing to cut through the hype surrounding the technology.

The company takes its total funding to $14.6m from two rounds, with only O’Reilly AlphaTech Ventures remaining from the lead investors previously. For the latest series A, the round was led by O’Reilly, Root Ventures, and Rincon Venture Partners. The company also launched with a Kickstarter...

By James Bourne, 17 November 2016, 0 comments. Categories: Development, Enterprise, IoT.

Verizon acquires LQD WiFi to “redefine the urban space”

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Verizon has acquired New York-based private firm LQD WiFi for an undisclosed amount.

LQD WiFi provides street-smart kiosks, called Palo unified technology hubs, which provide essential information like local community information, wayfinding, public safety announcements, transit updates, and upcoming events to citizens on the street. Palo also provides free public wi-fi, security cameras, emergency calling, and area lighting which further add value to communities.

Verizon...

By IoT News, 17 November 2016, 0 comments. Categories: Enterprise, IoT.

GE Digital acquires ServiceMax for $915m in Industrial Internet play

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GE Digital has announced the acquisition of cloud-based field service management provider ServiceMax for $915 million (£736.6m) in order to enhance its Industrial Internet capabilities.

GE estimates that there is a market-wide opportunity to improve service productivity by USD 25 billion through the use of analytical tools. And by acquiring ServiceMax, it plans to add analytics and insights into the ServiceMax logistics, workforce optimisation and deployment models. It is also...

By IoT News, 15 November 2016, 0 comments. Categories: Enterprise, IoT.

Half of technology professionals fear automation taking their jobs

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Almost half (45%) of technology professionals surveyed by Harvey Nash fear a ‘significant’ part of their jobs will be automated within 10 years making their skills redundant.

The study, which polled more than 3,200 technology professionals from 84 countries, carries something of a pessimistic tone throughout. 94% of respondents say their career would be ‘severely limited’ if they do not teach themselves new technical skills, while self-learning was cited more...

By James Bourne, 14 November 2016, 0 comments. Categories: Enterprise, IoT.

Sigfox claims to develop world’s first ultra-low cost IoT communication modules

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Sigfox, a provider of global communication solution powering the IoT, with its ecosystem of partners, have produced what is claimed to be the first ultra-low cost IoT communication modules.

These modules significantly reduce the cost barrier, with modules up to twenty times cheaper than LTE cellular modules and five times cheaper than the closest competing technologies. In order to lower the cost barrier, Sigfox and its partners optimised every feature of the design and...

By IoT News, 09 November 2016, 0 comments. Categories: Enterprise, IoT, Standards.

‘First of kind’ industrial insurance launched for IoT infrastructure investments

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Relayr, an IoT end-to-end development solutions developer, has partnered with specialty insurer Hartford Steam Boiler (HSB), a part of Munich Re, to develop new insurance products for IoT investments.

This new breed of 'IoT-enabled' insurance products aims to help protect the financial investments of companies in the Internet of Things.

Relayr co-founder Josef Brunner believes that the HSB collaboration will change the IoT landscape. “People have long talked about the...

By IoT News, 07 November 2016, 0 comments. Categories: Enterprise, IoT.

Eurosmart calls for European cybersecurity enforcement framework

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Brussels-based international digital security association Eurosmart is asking for a European cybersecurity enforcement framework, along with the promotion of a European Internet of Things (IoT) trust label and security certification. The organisation advocates a cybersecurity trust label or security certificate for every IoT provider that not only covers data, but also the network used by IoT providers.

Eurosmart has also established a new body called the ‘IoT Security...

By IoT News, 02 November 2016, 0 comments. Categories: Enterprise, IoT, Security.

Qualcomm to acquire NXP Semiconductors for $47 billion

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Qualcomm has announced its intent to acquire Dutch semiconductor provider NXP for a total value of $47 billion (£38.4bn).

The merger is expected to have annual revenues of more than $30bn, serviceable addressable markets of $138bn in 2020 and leadership positions across mobile, automotive, IoT, security, RF and networking.

Qualcomm says the transaction utilises its strong balance sheet and will be efficiently financed with offshore cash and new debt. The transaction structure...

By IoT News, 01 November 2016, 0 comments. Categories: Enterprise, IoT.

Can geographic information system technology and IoT be a match made in heaven?

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As our cities and rural areas get smarter and the volume of data generated by IoT-enabled devices increases, so does the potential for Geographic Information System (GIS) technology to transform project planning and service delivery and business strategy across many sectors.

The beauty of GIS mapping technology is not just the ability to provide visual representation of datasets in an easy to digest format, but the potential to combine or correlate this information with all kinds of...

By Jean-Donan Olliero and Chris Bond, 31 October 2016, 0 comments. Categories: Enterprise, IoT, Smart Cities.

Rise of the smart machines? Gartner offers warning over total autonomy

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Ever heard of the Google Steering Wheel Dilemma? According to Brian Prentice, research vice president at analyst firm Gartner, the issue with the search giant’s self-driving cars is that a steering wheel may be self-defeating; if one is installed in a vehicle, it infers a sober, human driver is the last point of redundancy and therefore defeating the purpose.

Yes, this is a tad metaphysical at the moment – but Prentice, speaking at Gartner’s Symposium-ITxpo in...

By James Bourne, 31 October 2016, 0 comments. Categories: Enterprise, IoT.

ARM’s new product suite aims to secure IoT apps from chip to cloud

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The latest offering from microchip maker ARM provides new levels of security, efficiency, low-power connectivity and device lifecycle management for the Internet of Things (IoT). This new comprehensive suite of technologies enables the ARM ecosystem to be the fastest and most efficient route to secure IoT applications from the chip through to device management in the cloud.

The ARM ecosystem is the industry’s most successful IoT partnership with more than 1,000 members.

ARM is...

By IoT News, 28 October 2016, 0 comments. Categories: Enterprise, IoT.

Number of job positions requiring IoT skills exploding in UK, says Gemalto

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The UK is experiencing a spike in demand for job skills related to the Internet of Things (IoT), according to figures from IT Jobs Watch and digital security firm Gemalto.

This leads to the inevitable question: what skills in particular are classified as being beneficial in an IoT-enabled world? Gemalto argues the focus is around cybersecurity, data management, and data analysis.

According to the figures, the number of postings in the UK for positions requiring IoT skills has...

By James Bourne, 26 October 2016, 0 comments. Categories: Enterprise, IoT.

What does the future hold for the construction industry in the IoT era?

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Historically, the construction industry has been slower to adopt new, disruptive technologies than other sectors. Lacking the capital needed to introduce digitised ways of working, it has relied heavily on manual processes or paper-based plans.

However, change is on the horizon. In the IoT era, digital sensors and connected devices hold the key to transforming the way that buildings are designed and constructed. There are real signs that IoT can create leaner ways of working, reduce...

By Upendra Dharmadhikary, 26 October 2016, 0 comments. Categories: Enterprise, IoT.

Chronocam raises $15 million to bring vision sensors to automotive and IoT

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Chronocam, a French developer of innovative vision sensors and systems for applications in all fields of machine vision, is planning to develop and commercialise its biologically-inspired vision sensing and processing technology thanks to a $15 million (£12.3m) series B finance round.

The funding round was led by Intel Capital, along with iBionext, Robert Bosch Venture Capital GmbH, 360 Capital, CEAi and Renault Group.

The company’s deep expertise in computer vision...

By IoT News, 25 October 2016, 0 comments. Categories: Enterprise, IoT.

New data shows disconnect between IoT priorities and data utilisation

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Only one in five executives say they have the necessary physical access to Internet of Things (IoT) data, according to a poll from rapid app development platform provider KnowledgeKube.

The study, which polled almost 50 attendees of the IoT Show Asia in Singapore last month, found a disparity between accessing data and the importance of the IoT to organisations. 70% of respondents cited the IoT as either ‘important’ or ‘very important’ to their business.

Plenty of research has touched...

By James Bourne, 24 October 2016, 0 comments. Categories: Data & Analytics, Enterprise, IoT.

Bosch and Software AG team up for IoT and Industry 4.0 partnership

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Software AG and Robert Bosch have joined hands to develop new joint services and solutions for the Internet of Things (IoT) and Industry 4.0, as well as cooperating on sales activities to extend Bosch’s IoT cloud user base.

The partnership will allow their partners and customers in manufacturing, logistics and retail to gain advantage of Industry 4.0 and address new requirements of IoT solutions to deliver relevant target-oriented functionality quickly.

Software AG’s Digital...

By IoT News, 20 October 2016, 0 comments. Categories: Enterprise, IoT.

Semtech and ZTE launch IoT demonstration base dedicated to LoRa technology

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Semiconductor provider Semtech Corporation has partnered with Chinese telco ZTE to officially launch the latter’s first Internet of Things (IoT) demonstration base dedicated to LoRa Technology in Nanjing.

The CLAA IoT Demonstration Base allows IoT solution providers to deploy and test their applications over a low power, wide area network (LPWAN). ZTE plans to deploy over 30 commercial demonstration bases across China by the end of 2016.

The initiative is the result of a cooperative...

By IoT News, 19 October 2016, 0 comments. Categories: Enterprise, IoT, Standards.

Trend Micro looks at security for Internet of Vehicles and other IoT ecosystems

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A new security solution that helps enterprises safeguard their connected devices and services against cloud, network and endpoint threats was introduced at the recently held Microsoft IoT Expo in Taipei.

Developed by Trend Micro Incorporated, in collaboration with Microsoft, the newly announced information security protection software development kit enhances security amidst rapid expansion of integration in the global IoT, and specifically the Internet of Vehicles (IoV).

Jerry Liao,...

By IoT News, 17 October 2016, 0 comments. Categories: Development, Enterprise, IoT.

SAP acquires enterprise-grade IoT application platform PLAT.ONE

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German tech giant SAP has acquired enterprise-grade IoT solution platform PLAT.ONE, which will be integrated into the former’s HANA Cloud Platform (HCP).

PLAT.ONE allows rapid development and scalable management of enterprise IoT environments, including connected products, smart cities, connected transport and smart manufacturing.

Incorporating PLAT.ONE’s IoT platform, SAP’s HANA Cloud Platform will make it easy for enterprises and system integrators to build IoT-enabled...

By IoT News, 12 October 2016, 0 comments. Categories: Enterprise, IoT.

Digita looking to build IoT network across Finland

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Digita Oy, a radio and television broadcast company, is seeking to build a nationwide IoT network that will offer automation solutions and smart traffic in Finland.

The company is planning to provide network coverage that will be 85% of the population and around 95% of enterprises. The company estimates almost 20 million IoT sensors to be installed across the country by 2023.

Juha-Pekka Weckström, CEO of Digita Oy, said: “The range of the digital applications of IoT is almost...

By James Bourne, 12 October 2016, 0 comments. Categories: Enterprise, IoT.