New investments emphasise continued momentum for US IoT space

The IoT investment gravy train continues to run, particularly in the US: California-based MagicCube has secured $8.5 million in series A funding, while Vognition, a smart voice control solution provider out of New Jersey, has raised $700,000.

According to John Koetsier, a mobile economist at TUNE, 2,888 businesses in the US building the IoT employ 342,000 workers, have raised $125 billion in funding, and have created $613 billion in value. Moreover, 95 of them are now unicorns: billion-dollar...

By IoT News, 10 August 2017, 1 comment. Categories: Development, Enterprise, IoT.

Manufacturers embracing the IIoT set to rise dramatically by 2022, new report argues

The Industrial Internet of Things (IIoT) is set to transform manufacturing – and according to a new report from Zebra Technologies, the number of organisations achieving a fully connected factory will rise ‘dramatically’ in the coming five years.

According to the company’s 2017 Manufacturing Vision Study, almost two thirds (64%) of manufacturers say they expect to be fully connected, using a combination of technologies including RFID, wearables and automated systems, by 2022. Half of...

By James Bourne, 08 August 2017, 0 comments. Categories: Enterprise, IIoT, IoT, Wearables.

New research warns of skills gap threatening IoT innovation in energy sector

The dreaded skills gap threatens to scupper many technological innovations with the Internet of Things (IoT) not alone – and according to a new report from Inmarsat, the energy sector could face problems down the line if it doesn’t shape up.

The research, commissioned by Inmarsat and conducted by Vanson Bourne, polled 100 large energy companies around the world and found that while almost nine in 10 (88%) organisations expect to deploy IoT technologies in the coming two years, more than a third...

By James Bourne, 03 August 2017, 0 comments. Categories: Enterprise, IoT.

ZingBox survey finds misconceptions surrounding IoT security in healthcare sector

More than 90% of healthcare IT networks have IoT devices connected to them, while more than two thirds of respondents to a new survey say traditional security solutions are sufficient to secure IoT-connected medical devices.

The survey, conducted by IoT security solutions provider ZingBox, highlights the state of ‘misconceptions’ in the healthcare industry, according to the company.

More than three quarters (76%) of IT decision makers within healthcare organisations were confident or...

By IoT News, 26 July 2017, 0 comments. Categories: Enterprise, Healthcare, IoT.

Five ways healthcare firms can get ahead in the race to the Medical Internet of Things

The concept of the Internet of Things (IoT) has become so popular that its impact is being felt across a huge number of industries, and healthcare is no exception. Five years ago, the medical device connectivity market was largely insignificant, but is now expected to grow at a CAGR of 38% over the next five years by adopting the capabilities of the IoT. With this in mind, here are five recommendations for healthcare organizations to ensure they fully embrace the power of the IoT: 

Embrace the...

By Bhoopathi Rapolu, 25 July 2017, 0 comments. Categories: Enterprise, Healthcare, IoT.

IBM and Arrow Electronics team up to promote Asia Pacific IoT

Arrow Electronics has joined hands with IBM to fuse its services with IBM’s Watson Internet of Things (IoT) platform and cloud services, the companies have announced.

With this development, Arrow now offers customers in Asia Pacific access to more than 160 industry-leading cloud services to incorporate ready-to-use capabilities, such as artificial intelligence (AI), blockchain, advanced data analytics and cyber security into their latest IoT inventions through the IBM Watson IoT platform via IBM Cloud....

By IoT News, 24 July 2017, 0 comments. Categories: Enterprise, IoT.

EdgeX Foundry adds eight new members and ‘builds momentum’ for IoT interoperability

EdgeX Foundry, a body which aims to provide a common open framework for the Industrial IoT, has expanded its membership with eight new companies getting on board.

The new members are Absolute, IoT Impact Labs, inwinSTACK, Parallel Machines, Queen’s University Belfast, RIOT, Toshiba Digital Solutions Corporation, and Tulip Interfaces.

Each member has different goals through its membership. Absolute aims to enable customers to meet their business goals with secure data protection on their endpoint agents...

By IoT News, 21 July 2017, 0 comments. Categories: Enterprise, IoT.

SAP and Centrica team up to bring efficient energy IoT management

SAP has partnered with energy and services company Centrica to leverage the use of IoT for better energy consumption management.

The partnership will bring together the powers of SAP’s digital innovation system, SAP Leonardo that combines the power of IoT, analytics, big data, machine learning and blockchain on SAP’s cloud platform using design thinking services and Centrica’s energy insights technology, Panoramic Power.

Centrica and SAP aim to provide new business value to customers by...

By IoT News, 12 July 2017, 0 comments. Categories: Enterprise, IoT.

Cisco Jasper aims to help organisations get through IoT proof of concept with new Control Center

Cisco Jasper has launched an expanded model of its Control Center connectivity platform to help organisations get past the ‘proof of concept’ stage when it comes to IoT.

The Control Center 7.0, introduced at Cisco’s Live event in Las Vegas, aims to address business’ needs for greater flexibility with a new multi-tiered IoT platform that gives companies various options to meet their specific needs, regardless of their stage of IoT implementation.

The Control Center 7.0 will also offer...

By IoT News, 30 June 2017, 0 comments. Categories: Enterprise, IoT.

Why IoT is transforming the sum of the parts – not just the whole

Technology is usually the breath on the back of our necks, nudging us to do some process differently. But historically, that’s also been part of the problem – essentially doing the same thing - but faster, better or more efficiently by replicating our existing processes digitally.

Not anymore. In the same way that the Internet of Things (IoT) is disrupting business models and business as usual, it is – somewhat ironically – changing the way we must respond to change.

Let me explain. If...

By Tom Raftery, 27 June 2017, 0 comments. Categories: Enterprise, IoT.

Trend Micro to nurture portfolio of IoT startups through new $100 million venture fund

IT security firm Trend Micro has launched a corporate venture fund with initial investments to the tune of $100 million.

It seeks to employ this venture arm to independently invest in and provide leverage to a portfolio of startups that are brimming with new ideas and innovations in technology, especially the IoT.

Trend Micro has always aspired to extend its reach globally and ensure safe digital exchange of information. With 26 billion devices estimated to connect to the Internet by 2020, as per Gartner,...

By IoT News, 27 June 2017, 0 comments. Categories: Enterprise, IoT.

How IoT and digital transformation initiatives are increasingly key for the enterprise

A new report from mobile satellite comms provider Inmarsat gives an optimistic outlook on the state of enterprise Internet of Things (IoT) initiatives, arguing it has become the number one priority for more than nine in 10 organisations polled.

The report, put together by Vanson Bourne and which surveyed 500 senior respondents from organisations with more than 1,000 employees, found that almost all (97%) are at least set to experience significant benefits through the deployment of IoT technologies.

Specific...

By James Bourne, 21 June 2017, 0 comments. Categories: Enterprise, IoT.

Avnet launches entry level platform for industrial IoT systems

Avnet, a leading global technology distributor, has announced the launch of MiniZed Zynq SoC, a new entry-level development platform for single-core Xilinx Zynq-7000 All Programmable SoC devices.

The starter kit is priced at $89 and is available for ordering with shipments starting in early July. It has support for cloud connectivity and industrial IoT applications such as motor control and embedded vision and is easy on the pockets.

MiniZed exhibits the power of the Zynq-7000S SoC device family, which...

By IoT News, 16 June 2017, 0 comments. Categories: Development, Enterprise, IoT.

Sierra Wireless launches mangOH Red open source platform for industrial IoT devices

Canadian communications equipment firm Sierra Wireless, together with ARM, Bosch Sensortec, MediaTek, Orange, Qualcomm Technologies and Talon Communications, have announced mass-market availability of the mangOH Red open source hardware platform.

Targeted at the industrial IoT and maker communities, the mangOH Red is smaller than a credit card and includes all of the building blocks needed to prototype and test ideas in days instead of months with minimal investment. mangOH Red designs can then be modified...

By IoT News, 14 June 2017, 0 comments. Categories: Development, Enterprise, IoT.

Half of US firms on IoT network say they have experienced a security breach

Nearly half of US firms using an Internet of Things (IoT) network have been hit by a recent security breach, according to a study from strategy consulting provider Altman Vilandrie & Company.

The research, conducted in April 2017, evaluated about 400 IT executives across 19 industries that have purchased some form of IoT security solution and found that 48% of the firms have experienced at least one security breach.

The cost of the breaches amounted to 13.4% of the total revenues for companies having...

By IoT News, 08 June 2017, 0 comments. Categories: Enterprise, IoT, Security.

Cisco study finds how ‘human factors’ influence successful IoT implementation

Cisco has released its new study at the recently held Internet of Things World Forum (IoTWF) in London which argues that almost three quarters of IoT projects are facing failure, alongside discussing keys to successful IoT implementation.

Cisco surveyed 1,845 IT and business decision-makers in the United States, UK, and India across multiple industries. All these respondents worked for organisations that are implementing and/or have completed IoT initiatives. Interestingly, three of the four top aspects...

By IoT News, 26 May 2017, 0 comments. Categories: Development, Enterprise, IoT.

Qualcomm says it is shipping more than one million chips per day for the IoT

Qualcomm Technologies has announced that it currently ships more than one million chips per day into a wide range of connected applications.

The company is using its technical expertise to design platforms that help customers commercialize IoT products quickly and cost-effectively in areas including wearables, voice and music, connected cameras, robotics and drones, home control and automation, home entertainment, and commercial and industrial IoT, according to the press materials.

Qualcomm Technologies has...

By IoT News, 25 May 2017, 0 comments. Categories: Development, Enterprise, IoT.

How a pharmaceutical supply chain company is taking advantage of the Internet of Things

In 2014, during a routine check from the Ministry of Health in the U.S., it was found that only 55 percent of vaccines were stored and transported in the temperature conditions that ensured the medication maintained its quality. To put that into perspective, every baby born receives vaccines to prevent diseases such as small pox and measles. If only 55 percent of those vaccinations maintain safety requirements, that creates a situation where a majority of babies don’t get the quality dosage and...

By Hans de Visser, 25 May 2017, 0 comments. Categories: Enterprise, Healthcare, IoT.

Mocana raises $11 million with aim to ‘revolutionise’ IoT security

Mocana announced it has raised $11 million from Sway Ventures, Shasta Ventures, Trident Capital Fund and GE Ventures making the total amount it rose to $93.6 million adding the capital. It aims to further accelerate the development of its IoT Security Platform to protect the industrial IoT market, which will be valued at $933.62 billion by 2025, as per Grand View Research.

The IoT Security Platform employs military-grade cryptographic software installed on a chip or flash memory embedded within a device. It...

By IoT News, 22 May 2017, 0 comments. Categories: Enterprise, IoT, Security.

Manufacturers starting to feel the benefit of IoT, new research claims

More than two thirds of manufacturers say they plan to embed smart devices or intelligence into their products, according to research from the MPI Group.

The study, titled ‘Manufacturers Around the World Are Now Profiting from the IoT (Are You?)’, aimed to learn about the various benefits derived by manufacturers from implementing the Internet of Things.

The study, wherein 374 manufacturers participated from around the world, focused at the production of smart devices and the implementation of...

By IoT News, 19 May 2017, 0 comments. Categories: Enterprise, IoT.