Report: Global IoT chip market likely to grow to $38.61 billion by the end of the decade

A new market report, titled “Global IoT Chip Market – Analysis and Forecast, 2019-2029” by BIS Research, has found that the worldwide IoT chip market, which was valued at $9.40 billion in 2019, is now expected to grow over $38.61bn at a CAGR of 15.8% by 2029.

The overall market demand for IoT chips is driven by the rising adoption rate of IoT-based devices and decreasing cost of IoT sensors, the research firm...

By IoT News, 16 January 2020, 0 comments. Categories: Development, IoT.

Gartner says global semiconductor revenues down 11.9% yearly – worse than own bleak estimates

According to preliminary results by Gartner, worldwide semiconductor revenue decreased 11.9% year over year to $418.3 billion (£321.68bn) in 2019 – with the figure surpassing the analyst firm’s already gloomy forecast from earlier in the year.

The report found that Intel has regained its position as the number one global semiconductor vendor by revenue in 2019, beating Samsung Electronics which held the top...

By IoT News, 14 January 2020, 0 comments. Categories: Development, IoT.

Apple, Amazon, Google, and Zigbee Alliance explore new smart home standard

Apple, Amazon, Google and the Zigbee Alliance have formed a new working group focused around ‘Project Connected Home over IP’, exploring the development and promotion of a new, royalty-free connectivity standard to boost compatibility among smart home products.

The protocol has been designed with security as a fundamental principle.

The aim of the Connected Home over IP...

By IoT News, 02 January 2020, 0 comments. Categories: Development, IoT, Smart Homes, Standards.

Gartner: Blockchain is the perfect match for the IoT

Gartner believes that blockchain technology is the perfect match for the IoT and will help it to overcome some of its biggest problems.

Blockchain is synonymous with security. The IoT, on the other hand, is known for suffering from serious vulnerabilities which have led to repeated high-profile breaches and cyberattacks.

In a blog post highlighting key findings from a survey titled IoT Adopters Embrace Blockchain,...

By Ryan Daws, 17 December 2019, 0 comments. Categories: Data & Analytics, Development, Enterprise, IoT, Security, Smart Cities, Smart Homes.

Maersk invests in Danish networking startup Onomondo

Maersk Growth, the corporate venture arm of logistics giant Maersk, has announced its investment in Danish startup Onomondo.

The move, for an undisclosed amount, will see Maersk further integrate Onomondo’s connectivity solution into its global business. Onomondo, which describes itself as ‘a truly unified agnostic IoT network’, aims to make it easier, cheaper, and safer to connect IoT devices such as trucks,...

By IoT News, 02 December 2019, 0 comments. Categories: Development, Enterprise, IIoT, IoT.

Telefónica presents second ‘Things Matter’ study, indicates significant increase in IoT usage in two years

Telefónica has unveiled its second study on the Internet of Things (IoT), Things Matter 2019: the experience of the IoT users in Spain, covering thoughts around the IoT and the voice of those responsible for digital transformation of industrial, commercial or institutional activity in companies from different sectors.

One of the main conclusions of the study is that almost half of the population already knows what IoT...

By IoT News, 21 November 2019, 0 comments. Categories: Data & Analytics, Development, IoT.

IOTech raises $7.5 million in series A funding led by Dell Technologies

IOTech Systems, a UK-based IoT edge platform company, has successfully raised $7.5 million (£5.8m) in its series A funding round. The funding was led by Dell Technologies Capital, with additional investment from Société anonyme de Participation et De Gestion (SPDG), the Scottish Investment Bank, and Northstar Ventures.

IOTech intends to use the investment to considerably expand its acquisition capability...

By IoT News, 20 November 2019, 0 comments. Categories: Data & Analytics, Development, Enterprise, IoT.

Australia releases a draft code of practice for IoT cybersecurity

The Australian government has drafted a code of practice in a bid to improve the IoT’s well-publicised lack of security.

While the huge Mirai botnet attack on DNS provider Dyn in 2016 was devastating, one positive thing it achieved was to increase awareness about the poor security of IoT devices.

Ever since that high profile incident, governments have doubled their efforts in coming up with ideas to prevent IoT devices from being compromised. For Australia, that's...

By Ryan Daws, 19 November 2019, 0 comments. Categories: Development, Enterprise, IIoT, IoT, Security, Smart Cities, Smart Homes.

Going smart: How IoT technologies and automation can revolutionise laboratory practice

Despite the risks and fears around the Internet of Things (IoT) and how it relates to wider questions around security and privacy, a number of benefits exist in the field of scientific innovation and discovery.

The adoption of the IoT into laboratories marks a major technological disruption. It’s implementation will replace an outdated and inefficient system with one which maximises instruments and researcher time to full potential, stimulating a new wave of scientific...

By Phoebe Chubb, 11 November 2019, 0 comments. Categories: Data & Analytics, Development, Healthcare, IoT, Smart Cities.

IoT cellular device shipments to approach 350m per year by 2025 – with strong China growth noted

Sales of IoT cellular devices will approach 350 million per year by 2025, fuelled by 5G, with China continuing to provide a healthy impetus to the market, according to the latest report from Strategy Analytics.

The analyst firm forecasts that shipments of 4G IoT modules will peak within three years, as 5G modules begin slowly in 2019, with 2023 a key inflection point, as 5G modules outstrip those of 4G modules. The automotive...

By IoT News, 08 November 2019, 0 comments. Categories: Data & Analytics, Development, IoT.

Q&A: Tim Markison, Garlick & Markison: How to get your patent strategy right for IoT technologies

Many factors have to be taken into account when getting your startup idea off the ground. You have to get the right people in, work out the culture of your company, get the business model just right. Yet if your idea is unique, you want to make sure you have proof of it.

Tim Markison (left), co-founder of...

By James Bourne, 06 November 2019, 0 comments. Categories: Data & Analytics, Development, IoT.

Vodafone Business and América Móvil collaborate over IoT expansion in Latin America

Vodafone Business and América Móvil have signed an IoT partnership agreement to enable their respective customers deploy international connected devices solutions in an easier and efficient manner.

The collaboration would allow Vodafone Business customers to connect IoT devices across Latin America and América Móvil IoT clients to have access to one of the largest global networks through Vodafone.

By IoT News, 06 November 2019, 0 comments. Categories: Development, IoT.

Sudhir Pai, TCC: On the parallels between energy, space and medicine for digital transformation

The Internet of Things (IoT), as many in the industry say, is not a tool for business transformation on its own. It has to be combined with additional technologies, as well as the right tools for data analysis, and put in the right cultural context.

Yet as technologies converge and can benefit from different perspectives, so too can industries. The Technology Collaboration Center (TCC), based out of Houston, Texas, focuses on three...

By James Bourne, 06 November 2019, 0 comments. Categories: AI, Data & Analytics, Development, Enterprise, Oil & Gas.

From C-suite buy-in to project management: Why enterprise IoT is now set for a big step forward

It has long been known that, in spite of the promises of connected homes, the enterprise was where the Internet of Things (IoT) would truly push the envelope. According to Gartner, from a note published in August, 5.8 billion enterprise and automotive endpoints will be in use by next year.

But what do these sorts of figures...

By James Bourne, 04 November 2019, 0 comments. Categories: Data & Analytics, Development, Enterprise, IoT, Manufacturing.

IoT platform Particle raises $40m in Qualcomm-led funding round

Particle, a platform for IoT devices, has raised $40 million in Series-C funding led by Qualcomm Ventures and Energy Impact.

The latest round brings Particle's total funding so far to $81 million. Other participants included Spark Capital, Bonfire Ventures, Counterpart Ventures, Root Ventures, and Green D Ventures.

Particle is based in San Francisco and promises to be an end-to-end solution for IoT device deployments which includes both software and hardware. Existing customers are now gathering more than...

By Ryan Daws, 30 October 2019, 0 comments. Categories: Development, IoT.

Smarter manufacturing: How Ubisense aims to bring together the physical and the digital

Adrian Jennings, chief product advocate at Ubisense, has a useful analogy for why implementation of enterprise-focused IoT initiatives invariably struggle. Imaging that you kept losing your slippers, and that every time you found them there would be the innocent yet entirely guilty face of your new puppy staring back at you. What do you do?

By James Bourne, 16 October 2019, 0 comments. Categories: Data & Analytics, Development, Enterprise, IIoT, Manufacturing.

IoT-focused SaaS provider EMnify secures €8 million in series A funding

EMnify, a Berlin-based IoT and M2M connectivity management platform provider, has raised €8 million (£7m) in a series A funding round, as the company looks to expand its sales and marketing activities.

The recently accumulated funds will help EMnify support its international sales and marketing expansion activities as part of the company’s global rollout of its cloud native cellular connectivity integration...

By IoT News, 14 October 2019, 0 comments. Categories: Development, IoT.

Contractors targeted homeless with ‘dark skin’ to train Google’s facial recognition

Contractors working for Google reportedly targeted homeless people with “dark skin” to help train a facial recognition system.

As reported by our sister publication AI News, facial recognition algorithms have well-documented problems when it comes to identifying people of colour. Part of the reason for the disparity is that most data sets for training algorithms have little diversity.

Any responsible tech company will want to...

By Ryan Daws, 04 October 2019, 0 comments. Categories: AI, Development, Smart Cities.

Hitachi Vantara launches new IIoT suite for manufacturing sector

Hitachi Vantara has announced the launch of Lumada Manufacturing Insights, an IIoT suite designed to enhance the manufacturing industry to achieve transformative outcomes with the help of artificial intelligence (AI), machine learning, and DataOps.

The Lumada Manufacturing Insights optimises machine, production, and quality outcomes to set the foundation of digital innovation that is necessary to Manufacturing 4.0. The...

By IoT News, 23 September 2019, 0 comments. Categories: AI, Data & Analytics, Development, IoT, Manufacturing.