Helm.ai, a California-based scalable AI for autonomous vehicles, has raised $13 million in a recently held seed funding round led by A.Capital Ventures, Amplo, Binnacle Partners, Sound Ventures, Fontinalis Partners and SV Angel, including others.

The company will be using the raised funds to further advance its engineering and R&D capabilities, hiring more employees, and making new deals with customers. Unlike other organisations, which focuses on developing hardware for autonomous vehicles,...

IDC has offered a gloomy analysis of the semiconductor market amid the Covid-19 pandemic, suggesting significant shrinkage compared with the earlier expected minor overall growth.

In its latest report, titled Impact of COVID-19 on the Worldwide Semiconductor Market Forecast, IDC notes that despite the disruption, to human life as well as the international technology supply chain, the report states that there is still a one-in-five...

Microsoft has announced a partnership with Cisco to integrate its Azure cloud with Cisco’s IoT platform in order to create the Cisco Edge to Microsoft Azure IoT Hub, a solution that will enable seamless connectivity and streamlined edge data flow into Azure IoT.

As per a Microsoft blog post by Tony Shakib, IoT business acceleration leader at Microsoft Azure, the integration “provides the necessary software,...

For the Internet of Things (IoT), the vast majority of hype which gets bandied about is with regards to the sheer number of devices being connected. An article from McKinsey put this number at 127 new devices every second. Yet peel back the first layer of the onion and you get to the connectivity aspect...

A recently released report from Business Insider predicts that the Internet of Medical Things (IoMT) market is expected to grow to an estimated $158 billion in the year 2022. This estimate represents a massive leap from the $41 billion valuation that was reported in 2017.

The report follows up on previous research that was published by Business Insider back in June of 2019, when...

SparkLabs Group has announced the launch of Connex, a latest startup accelerator focusing on IoT, smart cities and proptech.

According to the company, the accelerator is based on SparkLabs’ proven model and will leverage its presence in key innovation ecosystems, including Silicon Valley, Seoul, Shenzhen, Taipei and Singapore.

The new accelerator will make investments in startups...

You've heard of shadow IT - but what about shadow IoT? A new report from cloud security provider Zscaler has explored the proliferation of bringing greater numbers of unauthorised devices into the enterprise - with potentially serious consequences.

Zscaler's second annual Internet of Things (IoT) report, titled “IoT Devices in the Enterprise 2020: Shadow IoT Threat Emerges”, has found more than one billion IoT transactions every month in its cloud - a 1500%...

In tech circles, data becoming the world’s most valuable resource is a common refrain. Some even say it’s the new oil. And as with oil, the world’s economy is starting to pivot around the wealth and potential data promises.

In the context of the Internet of Things, however, data starts to paint a different picture — a much bigger picture. Whereas oil is a...

The IoT is barreling towards the enterprise – but companies remain highly vulnerable to IoT-based attacks, according to a new report.

The study from Extreme Networks, which polled 540 IT professionals across industries in the North America, Europe and Asia Pacific regions, found that 70% of companies who said they employed IoT devices were fully aware of successful or attempted hacks. 84% of those polled said they...

Semios, a Canada-based precision farming platform for permanent crops announced that it has raised $75 million (£57.65m) in private equity funding to boost the development of its data-driven crop management solution.

To date, the company has secured a total of £88.4m in external capital. The funding was led by Morningside Group, a Boston-based private equity and venture capital firm. Semios CEO and founder, Dr....

The Internet of Things (IoT) has today become one of the most popular – and probably the most touted – trends across both business and technology. It is set to transform the business landscape as we know it, as we expect there to be some 50 billion internet-connected things by 2030.

These...

It goes without saying that in business, the customer is always right. Except, of course, when they’re not.

Take the England and Wales Cricket Board (ECB) as a sporting example. When the idea for the shortened Twenty20 (T20) format was first proposed in 2003, not everyone was on board: of the 18 first-class counties, only 11 supported the new competition. Today, with established domestic competitions globally and a recognised...

Discussions around the Internet of Things (IoT) mostly revolve around how it will impact our everyday lives. From drone-delivery of a pizza to turning your heating on from your phone, smart, connected devices have pervaded in recent years.

Yet far from consumers, perhaps one of the most lucrative applications for IoT is in the manufacturing industry. In fact, the IoT initiated the latest industrial revolution, commonly...

Verizon has announced the launch of two Verizon-certified LTE-M products ‘Monarch Go’ and ‘Monarch GPS’ - for firms that are looking to fast-track commercial deployments of IoT connected devices.

The operator says it has now become the world’s first carrier to certify these Sequans all-in-one modem components. Both products come with optional Global Navigation Satellite System (GNSS) and Bluetooth...

A new research paper from IOActive has found a host of cybersecurity issues in the LoRaWAN protocol that could put network users at risk of attacks.

The study, titled ‘LoRaWAN Networks Susceptible To Hacking: Common Cyber Security Problems, How To Detect And Prevent Them’, warned widespread disruption and even risk to life could occur in some extreme cases.

During their...

Sponsored Is the Internet of Things (IoT) complicated or relatively simple? Well, perhaps both.  

In describing IoT, I like to paint a picture using an acronym coined by Numerex many years ago – DNA. An IoT solution has three main components – Devices, Networks, and Applications.   

Devices 

Each IoT device will have:

• Sensor(s) - to monitor temperature, humidity, flow, pressure, etc
• Compute - to collect information, send information to a central application, and perhaps take immediate action
• Network components - to connect to...

IoT solutions provider Skylo Technologies has raised $103m in its recently held series B funding round led by SoftBank Group.

Prior to this, the California-based firm raised $13m in Series A funding. Now as Skylo has accumulated a total funding of $116m till date, the company will aim to bring instant, affordable, and global IoT connectivity to millions of machines, sensors, and devices, even in the most distant geographies.

According to the latest forecast from Berg Insight, the public transport market for intelligent transportation systems (ITS) in Europe and North America will reach €3.7 billion (£3.14bn) by 2023.

In 2018, the market value for ITS deployed in public transport operations in Europe was £1.32bn. By 2023, it is expected to reach £1.83bm, growing at a CAGR of 6.8%. Similarly, the North American market for...

The latest smart cities market data report by ABI Research has predicted that smart utility metering and video surveillance would hold a significant portion of the smart city segment, with the number of connections representing 87% of the total number of smart city connections by 2026.

According to the report, though surveillance cameras with embedded AI computing capabilities from vendors like NVIDIA are already being...

It is well established that IoT devices greatly increase the security challenges of defending corporate networks, and a recent PwC survey reported that 71% of manufacturers plan to deploy IoT devices, despite the associated risks. It seems like the IoT train has left the station and is rushing full steam ahead towards the horizon.

In order to continue to travel safely, enterprises must understand the risks of...