Outlook for utilities IoT providers looking up, argues Navigant Research

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Navigant Research has released a new report titled “IoT Enabled Managed Services” which argues the landscape for organisations incorporating the Internet of Things for utilities will improve, enabling them to develop trusted advisory relationships with customers.

The report covers the US IoT market while focusing on technology trends, customer adoption, utility rollouts, and the vendor scenario. The report also provides cost curve projections and adoption forecasts through...

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

Study argues InfoSec workers not able to deal with IoT enterprise security concerns

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Good news and bad news: information security professionals are becoming more aware of the risks presented by the proliferation of endpoints through the Internet of Things (IoT), but they are struggling to prepare to address the growing threat.

That is the verdict from a new piece of research from Pwnie Express. In a report entitled ‘The Internet of Evil Things’, which polled more than 400 global IT security professionals, the researchers argued Coolpad devices were the...

By IoT News, 14 March 2016, 0 comments. Categories: Enterprise, IoT, Security.

Growth in Industrial IoT driven by cost, efficiency and safety requirements

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Lux Research, in a new report titled “Defining the Industrial Internet of Things” argues that cost, efficiency and safety requirements are driving growth in the Industrial IoT (IIoT) as companies across the globe, across industries, look to boost connectivity at the workplace. The research firm has classified connected assets into four categories – equipment, people, goods, and environments.

Lux Research has given examples of how companies are making use of IIoT. Daimler...

By IoT News, 09 March 2016, 1 comment. Categories: Enterprise, IIoT, IoT.

Vindicia offers surprising statistics on IoT

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The Internet of Things (IoT) clearly has huge potential to anyone working in the tech industry, but if the figures are broken down there still may be some surprises, according to Bryta Schulz, senior vice president of marketing at subscription billing provider Vindicia.

Writing in a company blog post, Schulz argues the IoT is growing faster than many are expecting, there is ‘unlimited capability’,...

By IoT News, 03 March 2016, 0 comments. Categories: Enterprise, IoT.

An important question: Who will service the billions of IoT devices?

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In less than five years, Gartner tells us that there will be more than 26 billion different connected devices in our homes, cars and businesses. All designed to make our lives easier and facilitate tasks for us – and that figure doesn’t even include personal computers, tablets and smartphones. 

As the Internet of Things (IoT) converges with servitization, machine to machine learning, 3D printing and cloud adoption, one of the biggest considerations is going...

By Mark Homer, 02 March 2016, 0 comments. Categories: Data & Analytics, Development, Enterprise, IoT.

451 Research: 300 tech firms up for M&A in 2016 – with IoT a prime target

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Technology mergers and acquisitions (M&A) will not subside any time soon, according to a report released by 451 Research – with the Internet of Things (IoT), information security, and software niches particular targets for 2016.

M&A activity in software will be propelled by the shift of business applications and IT infrastructure to cloud-based models and the requirement of new data management capabilities to deal with the growing demand on IT resources due to IoT,...

By IoT News, 29 February 2016, 0 comments. Categories: Enterprise, IoT.

Altair Semiconductor: On the Sony acquisition and sustainable IoT

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MWC It is safe to say that the critical buzz around chip and LTE technology provider Altair Semiconductor has rarely been higher. Three weeks after the news broke that Altair was to be acquired by Sony for upwards of $212m (£148m), Eran Eshed, co-founder and VP marketing at Altair, sees it as the “ultimate validation” of Altair’s 10 year vision.

“It’s not just the value of an acquisition,”...

By James Bourne, 25 February 2016, 0 comments. Categories: Enterprise, IoT, Standards.

Analysing the open approach to IIoT app development

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The Industrial Internet of Things (IIoT), where heavy machinery is integrated with networked sensors and software, is about adding a little more finesse to something which already does the heavy lifting. Innovative companies in the manufacturing, energy and utilities, automotive and transportation, and healthcare sectors are capitalising on IIoT as a way to unlock new revenue sources by packaging their products with new digital services.

While the argument for digital...

By Mark Armstrong, 25 February 2016, 0 comments. Categories: Development, Enterprise, IIoT, IoT.

MemSQL showcases potential of industrial IoT with real-time analytics

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Real-time database provider MemSQL will unveil PowerStream, a new application using the Industrial Internet of Things to power real-time analytics, at Spark Summit East.

PowerStream utilises a real-life dataset of close to 20,000 wind farms and 200,000 individual wind turbines equipped with sensors generating over a million transactions per second. The application manages to absorb the data and generate actionable insights in real time.

PowerStream is based on MemSQL Streamliner, an...

By IoT News, 18 February 2016, 0 comments. Categories: Enterprise, IoT.

Have IoT predictions been premature?

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It might be an understatement to say there’s a lot of hype surrounding the Internet of Things (IoT). The predictions have varied wildly, but most seem to agree that we’re only a few years away from a fully connected world. As an example, one prediction from Cisco states that the number of web-connected devices will reach a whopping 50 billion by 2020.

By Rick Delgado, 16 February 2016, 0 comments. Categories: Enterprise, IoT.

Exploring the emerging business models within enterprise IoT

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There is an opportunity for today’s businesses to grow exponentially smarter through the explosion of the Internet of Things (IoT).

As the IoT develops, it will usher in the next wave of innovation, which will utilise existing technology and take it to the next level – interoperability and optimisation. For example, in the future all cars will communicate with each other, as well as with smart roads and smart cities, to co-ordinate and optimise journey times and avoid...

By Dr. John Bates, 15 February 2016, 1 comment. Categories: Enterprise, IoT.

HCL Technologies opens IoT incubation centre in Redmond for greater enterprise adoption

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HCL Technologies has unveiled an Internet of Things incubation centre in Redmond, aimed to leverage the Microsoft Azure IoT suite and speed up enterprise IoT adoption.

The facility will develop vertical solutions aimed at the industrial and manufacturing verticals, as well as life sciences and healthcare. The work will be centred on applications in industrial automation, remote patient monitoring and fleet management, among others.

The centre will make use of real-time analytics,...

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

Industrial Internet of Things market to reach $150bn by 2020

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The Industrial Internet of Things (IIoT) market is expected to be worth $151.01 billion (£106.6bn) by 2020, according to a report from Research and Markets.

The IIoT is expected to create avenues for various sectors such as manufacturing, metals and mining, and healthcare. Production processes are slated to be transformed and this will facilitate optimum utilisation of resources, better decision-making, enhanced asset monitoring and improved collaboration while creating avenues to...

By IoT News, 27 January 2016, 0 comments. Categories: Enterprise, IIoT, IoT.

Gartner: Majority of new business will incorporate IoT by 2020

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Analyst house Gartner has argued that over 50% major new business processes and systems will make use of some element of the IoT by 2020.

Adoption of the IoT among consumers and enterprises is set to see a sharp rise as the cost of hardware and the process of connecting it continues to decline. W. Roy Schulte, vice president and distinguished analyst at Gartner, said: “Uses of the IoT that were previously impractical will increasingly become practical. The IoT is relevant in...

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

NEXCOM launches IoT gateway “NISE 50C” for enterprise applications

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NEXCOM, a computer software provider, has launched the NISE 50C IoT gateway, developed with control, communication, and connect capabilities which the company claims is ideal for edge controllers and data concentrators.

The IoT gateway can oversee connected devices and manage the collection, storage, and transmission of sensor data, and is capable of distilling unexplored value in data.

The compact fanless NISE 50C comes with flexible functions for real-time control, machine-to-machine...

By IoT News, 14 January 2016, 0 comments. Categories: Enterprise, 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.

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.

PrismTech launches Vortex 2.0 IoT data sharing solution

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PrismTech has launched an IoT data sharing solution called Vortex 2.0 in order to provide secure real-time data connectivity between low latency fog applications.

The solution aims to facilitate distributed IoT computing between device, edge and cloud.

The use of Vortex is maximised in mission-critical distributed and IoT applications. Vortex is based on the Object Management Group’s (OMG) Data Distribution Service (DDS) for Real-time Systems open standard. Vortex is capable...

By IoT News, 04 December 2015, 0 comments. Categories: Enterprise, IoT.

Two examples of the Internet of Things in new and unexpected places

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When I started working for Sun Microsystems in 1996 I was asked to help out on a project at an international shipping company. The shipper wanted to be able to track a package’s progress, based on barcodes, through their system from pickup to delivery and all the stops in between. The bigger goal was to create the first global shipping logistics system and use the collected data to improve the company’s processes.

A few years later I found myself working with a New York...

By David Auslander, 02 December 2015, 1 comment. Categories: Enterprise, IoT.