GlobalData has forecast that the marketplace for IoT related services will go beyond $96 billion (£74.2bn) in sales by 2023 in the Asia Pacific (APAC) region, growing at a CAGR of 22.4% between 2018 and 2023.

The data also revealed that while the APAC IoT market will be dominated by software and services, growth from devices and connectivity will boost with the launch of more cellular-based IoT networks supported by 5G.

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...

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...

Smart heating company tado is launching its first Software-as-a-Service (SaaS) product which helps to speed-up repairs while reducing carbon.

tado 360 is an offering for utilities and heating service companies which monitors the health of a customer's heating system.

When a breakdown occurs, engineers are supplied with more detailed information about the problem in order for a faster and more efficient repair.

Heating is essential, especially during the winter months when breakdowns occur most. For...

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 It’s implementation will replace an outdated and inefficient system with one which maximises instruments and researcher time to full potential, stimulating a new wave of scientific...

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...

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...

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...

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...

US-based analytics firm SAS’s latest report titled “AIoT- How IoT Leaders Are Breaking Away” has found that most significant predictor in realising value from Internet of Things (IoT) initiatives across an organisation is the heavy use of artificial intelligence (AI).

According to the study, which involved 450 global business leaders who use IoT and AI, 90% of the survey respondents heavily using AI in their...

Sprint has announced two new updates to its Curiosity IoT platform at the recent Mobile World Congress Los Angeles event.

With these updates, the Curiosity IoT platform, powered by Ericsson’s IoT accelerator, has now been enhanced with a private IoT network solution and a NB-IoT functionality that provides the company’s enterprise customers an ability to capture the potential in new IoT use cases across a variety of...

Sprint is working alongside the Arizona State University (ASU) with the promise of 5G and IoT technologies and promoting innovation across campus.

The announcement, made at the recent MWC Los Angeles, revealed that the university will benefit from Sprint’s True Mobile 5G and Curiosity IoT's advanced dedicated network and operating system.

The Kansas-based telecom operator,...

Verizon and SAP have announced a partnership agreement to create enterprise solutions for organisations and developers to speed up their digital transformation. These solutions will use Verizon’s network and platform capabilities integrated with SAP software and services, mainly the SAP Leonardo IoT solution, SAP Edge Services, and analytics, computing and data management capabilities.

Verizon’s technologies like...

Internet of Things America (IoT America) and Rural Telecommunications of America (RTA) have joined hands to offer IoT-powered wireless, data analytics, and visualisation technologies to customers living and working in rural areas of the country.

The first phase of their collaborative project will see IoT America providing soil monitoring, asset tracking, and tank level monitoring solutions to RTA customers, who live in traditionally...

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?

Honda has acquired Drivemode, a provider of applications which encourage safe driving across the connected car landscape.

The two companies have been collaborators since 2015, with Drivemode conducting joint development activities with Honda’s research and development team. The initiatives were part of Honda Xcelerator, a program designed for innovators across all funding stages.

Garbage in, garbage out: it’s one of the great truisms of technology. Sure, it’s been eclipsed by “software will eat the world,” as something to say in a meeting when you really don’t know what’s going on, but it’s still probably uttered a few thousand times a month to explain away the failure of a recent technology initiative.

But, like its sister expression “you can’t get...

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...

The Internet of Things is discussed so much that it gets nearly 2.5 billion hits on a Google search. Everyone wants to know what’s next in this arena, which touches our lives in so many ways these days as internet connectivity becomes increasingly fused into everyday objects and physical “things.” 

I can tell you where IoT is going next, however. Based on a study by...

Fleet Space Technologies, an Australian satellite startup, has raised £5.95m in funding to help launch its next-generation of nanosatellites, which aims to deliver IoT connectivity to customers around the world.

The satellites, which are similar to the size of shoeboxes, are said to be inexpensive and much easier to launch compared to traditional geocommunication satellites.