IDC’s latest Worldwide Semiannual Internet of Things (IoT) Spending Guide predicts the global spending on the IoT will surpass the $1 trillion (£790bn) mark in 2022 and will reach $1.1 trillion (£869b) in 2023, at a CAGR of 12.6% on a year-over-year basis.
Carrie MacGillivray, group VP of IoT, 5G, and mobility at IDC, said: “Spending on IoT deployments continues with good momentum and is...
US-based Metova has announced the results of its second annual survey explaining latest consumer trends and the sentiment of more than 1,000 consumers on IoT and connected home technologies – with many viewing it as the ‘wave of the future’ but having concerns over privacy and connected devices.
Among the surveyed consumers, less than 25% of respondents thought that they have a better understanding of the...
Let’s get one thing clear straight away: building up the Internet of Things (IoT) in the enterprise is complicated. It simply has to be a long, complex journey if one is to ever get it right, from a connectivity and a cultural perspective.
Jaap Groot (left), vice chair of the LoRa Alliance in Europe, has had enough experience in the industry to spot...
The World Economic Forum (WEF) has launched six Global Fourth Industrial Revolution Councils to help policymakers and businesses strike the right balance between enabling emerging technologies and effectively alleviating social risks in order to benefit the society.
The Councils - which will bring more than 200 leaders together from the public and private sectors, civil society and academia from across the world - will cover...
The Zigbee Alliance has publicly announced the All Hubs Initiative, a new offering with an aim to improve interoperability between IoT devices and major consumer and commercial platforms.
The All Hubs Initiative will make it feasible for developers to easily develop, deploy, and sell smart home and IoT products across ecosystems. The result of this effort is a set of features at the application and network layers of Zigbee, which...
A secondary school in Sheffield has created an IoT network to educate students about both the emerging technology and climate change.
Smart cities have the potential to help monitor things such as pollution and improve residents’ quality of life. It’s hoped the experience will help students in using IoT technologies in later life while instilling the need to reduce our environmental impact as a species.
The school’s IoT network was set up by the David and Jane Richards Family Foundation, a...
Urban planning is entering a new era. Breaking the mold with centuries of agricultural living, urbanisation has taken place on an unprecedented scale since the industrial revolution. Today cities are home to more than half of the world’s population, and it’s
San Jose-based IT security firm Zscaler’s latest study has found that more than a thousand organisations around the world have more than one IoT device transferring data from the network to the internet through the company’s proprietary cloud platform.
The study, titled “IoT in the Enterprise: An Analysis of Traffic and Threats” and which analysed 56 million IoT device transactions to explore the...
Manufacturing giant Bosch has found its voice getting increasingly louder when it comes to digitisation and the Internet of Things (IoT) – and now the company is advocating distributed ledger technologies as key to restoring trust online.
Bosch spent two days last week hosting its ConnectedWorld event in Berlin, and in the aftermath the company touted it was at the ‘next milestone’ on the road to becoming a...
A new report from Strategy Analytics claims that edge computing is on the rise in IoT deployments and is anticipated to show strong growth in the coming years.
The market research firm believes that data will be processed by edge computing in three fifths (59%) of the IoT deployments by 2025, which will mainly be driven by the efficient use of the network, security, and the response time. At present, the research suggests that 44% of companies today are leveraging the power of edge computing in...
US telecom giant Verizon has announced that its Narrowband IoT (NB-IoT) Network is now available across US, covering more than 92% of the country’s population. The NB-IoT Network, which is Verizon’s additional IoT connectivity option, along with the company’s ThingSpace management platform, APIs, tools and rich ecosystem of partners, aims to empower enterprise clients to develop innovative NB-IoT solutions.
Chinese retail giant JD is pumping $55 million into connected vehicle fleets to further boost its leadership in logistics automation.
JD is the world's leading company in high-tech and AI delivery through drones, autonomous technology, and robots. The firm possesses the largest drone delivery system, infrastructure, and capability in the world.
According to a filing posted by Jiangsu Xinning Modern Logistics, JD has agreed to invest 376 million yuan...
Dubai-based marine logistics firm Topaz Energy and Marine has placed an order and signed a long-term contract with GE-owned oil company Baker Hughes to deploy the latter’s lubricant condition monitoring system, VitalyX, in order to enhance the maintenance and field time of every vessel in Topaz’s fleet.
The VitalyX system, which is a mix of IoT and latest sensors with condition monitoring software, generates...
The potential with integrating blockchain and Internet of Things (IoT) technologies continues to grow pace – and the University of Nevada, Reno is the next to take that step by combining Filament’s blockchain with its autonomous vehicle.
Blockchain startup Filament is working with the University of Nevada and Reno’s Intelligent Mobility initiative in order to develop a latest standard based on blockchain IoT...
Qualcomm Technologies has announced the launch of its latest smart cities accelerator program – with a particular focus on community.
According to the company, the programme will play an important role in bringing together various communities of companies that has been making use of Qualcomm Technologies’ products, in order to offer a solutions-focused website for the application of smart cities across the world....
A new report has argued that while smart payment technologies have shown ‘substantial’ growth, ‘significant’ security concerns remain for consumers.
The study, from Transaction Network Services (TNS), evaluated US, UK and Australian consumer experiences with – and attitudes towards – smart payment technologies on IoT-based devices, including voice assistants, Wi-Fi refrigerators, and connected...
Global semiconductor revenue increased by 12.5% year on year to £362.9 billion in 2018 compared to the previous year, according to a new study from Gartner.
The report found that 2018 growth was weaker compared with 2017, which was 21.9%. The reason for this downturn was memory growth decreasing to 24.9%, versus 2017 growth of 61.8%.
Andrew Norwood, research VP at Gartner said: “Despite slowing growth, the memory market was still the largest semiconductor market, accounting for 34.3% of...
Amazon Web Services (AWS), together with London-based computer software firm Canonical, has publicly announced the release of ‘AWS IoT Greengrass as a snap’ software, which can run on various Linux distributions.
The software is capable of bringing local compute, data caching, sync, messaging, and ML inference capabilities to edge devices, allowing IoT and embedded developers to install the programme effortlessly...
