Safety improvements becoming key to measuring IoT project success, says IDC

While the vast majority of organisations have a budget allocated towards IoT projects, organisations are struggling with skills issues and infrastructure readiness, according to IDC.

In its latest seventh annual survey report, titled Global IoT Decision Maker Survey, the analyst firm examined the latest investment trends in the IoT, along with the opportunities and challenges facing IoT buyers across the world. For this...

By IoT News, 13 August 2019, 0 comments. Categories: Data & Analytics, Enterprise, IoT.

Cloudleaf raises $26 million in series B funding to improve supply chain operations

Cloudleaf, a California-based provider of digital supply chain software, has raised $26 million (£21.4m) in a series B funding round with the aim of market and customer base expansion.

The funding was led by Intel Capital and WRVI Capital, with participation from BluePointe Ventures, Bold Capital Partners, Mahindra Partners, and Tandem Capital.

Cloudleaf, which serves a range of...

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

Exploring emerging technology convergence and its wider impact – from IoT, to AI, to 5G and more

Opinion Technology buying, adoption and development have their own cycles; their own circadian rhythms which are difficult to modify, if you will. It is through looking at these theories as well as current emerging technologies that the latest pattern of convergence can be pegged and prophesised.

Moore’s Law may soon run out of steam, but it continues to shape the semiconductor industry lifecycle. Gartner’s regular hype cycles have outlined a long-running pattern of confidence with the arrival of a new...

By James Bourne, 07 August 2019, 0 comments. Categories: AI, Data & Analytics, IoT, Standards.

The top 10 IoT startups of 2019 – according to IoT Analytics

  • IoT startups have received $3.6B in funding this year alone, according to IoT Analytics’ estimates
  • Manufacturing is attracting the highest percentage of vertically-focused IoT startups at 30%
  • 43% of all IoT startups are founded in North America, the leading region globally of startup activity
  • 7 of the top 10 IoT startups primarily focus on AI, analytics, and data science
  • 46% of all IoT startups tracked by IoT Analytics primarily focus on AI, analytics, and data science

These and many other fascinating insights are from IoT...

By Louis Columbus, 29 July 2019, 0 comments. Categories: Data & Analytics, IoT.

Balena raises $14.4m in series B funding to help bring the edge to developers

Washington-based software firm Balena has raised $14.4m (£11.52m) in its latest series B investment round led by OpenView, along with existing investors, such as Threshold Ventures, Aspect Ventures, and GE Ventures.

Balena, which was earlier known as resin.io, focuses on unlocking the potential of physical computing by removing friction for IoT fleet owners. The company’s full-stack platform provides a comprehensive, end-to-end solution that makes it easier for developers to build...

By IoT News, 25 July 2019, 0 comments. Categories: Data & Analytics, Enterprise, IoT.

Global semiconductor revenue to decline by 9.6% year on year in 2019, says Gartner

Gartner’s latest report has predicted a global decline in semiconductor revenue this year.

According to the market researcher, the revenue will decrease $429b (£344b), which is a decline of 9.6% from $475b (£380b) in 2018. This is also a decline from previous quarter’s forecast of -3.4%.

Gartner says that a demand-driven oversupply in the DRAM market will be...

By IoT News, 24 July 2019, 0 comments. Categories: Data & Analytics, IoT, Standards.

IoT for agriculture use cases: Oizom monitors soil irrigation for healthier crops

Ahmedabad-based Oizom – a provider of environmental IoT solutions – is leveraging Semtech Corporation’s LoRa devices and Tata Communications’ LoRaWAN-based networking infrastructure for its new Agribot smart agriculture solution, which is designed to offer farmers real-time insight into the health of their crops by monitoring soil conditions, including humidity and pH levels.

The LoRa-based sensors in...

By IoT News, 22 July 2019, 0 comments. Categories: Data & Analytics, IoT, Standards.

IDC: Asia Pacific will spend almost $400bn on Internet of Things by 2023

The latest note from analyst firm IDC has predicted that the Asia Pacific (APAC) region will be the global leader for IoT spending in 2019 – confirming the company’s previous forecast.

The most recent Worldwide Semiannual Internet of Things Spending Guide, predicts that APAC will account for more than a third (35.7%) of global spend, followed by the US and Western Europe with 27.3% and 21.2% of the spend,...

By IoT News, 18 July 2019, 0 comments. Categories: Data & Analytics, Development, IoT.

ABI Research predicts 24 million satellite-linked IoT connections by 2024

A new study argues there will be 24 million IoT connections made via satellite by 2024 – leading to ‘seamless’ global connectivity.

The report from ABI Research, titled ‘Satellite in IoT: New Satellite Networks for New Wave of IoT Investment’, forecasts that segments expected to see significant growth include agriculture, asset tracking, maritime tracking, and aviation tracking.

By IoT News, 11 July 2019, 0 comments. Categories: Data & Analytics, IoT.

5G and IoT: Will 2019 be the year of real change?

Connected appliances and devices have transformed the way we live. From smartphones to autonomous vehicles, 5G-enabled technology has captured the public imagination and dominated media headlines. A global 5G race is on, with 138 trials recorded and 10 “digital cross-border corridors” established in Europe alone.

Despite the challenges of moving a global IoT industry already fragmented by competing and incompatible...

By John Lillistone, 24 June 2019, 0 comments. Categories: Data & Analytics, Development, IoT, Standards.

The future of factories in an IoT-driven world: Budget and data challenges and opportunities

The Internet of Things (IoT), as an acronym, can potentially have a double meaning. Naturally, while the term came to pass and be accepted to describe the process of connecting sensors in physical objects to wireless networks, the industry continues to get to grips with the coming together of information technology and operational technology. So not so much IoT - perhaps more IT/OT.

Nowhere is this IT and OT fusion more pronounced than in a factory setting. An engaging panel debate at

By James Bourne, 20 June 2019, 0 comments. Categories: AI, Data & Analytics, Enterprise, IIoT, IoT.

Why smart machines are the future of manufacturing

  • Industrial Internet of Things (IIoT) presents integration architecture challenges that once solved can enable use cases that deliver fast-growing revenue opportunities
  • ISA-95 addressed the rise of global production and distributed supply chains yet are still deficient on the issue of data and security, specifically the proliferation of IIoT sensors, which are the real security perimeter of any manufacturing business
  • Finding new ways to excel at predictive maintenance, and cross-vendor shop floor integration are the most promising applications
  • IIoT manufacturing systems are...

By Louis Columbus, 20 June 2019, 0 comments. Categories: Data & Analytics, Enterprise, IIoT, Manufacturing.

Global IoT spending to break $1 trillion by 2023 – fuelled by solid consumer and commercial adoption

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...

By IoT News, 14 June 2019, 0 comments. Categories: Data & Analytics, Development, IoT.

Survey: Most consumers view IoT as the “wave of the future” - albeit with security fears

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...

By IoT News, 13 June 2019, 0 comments. Categories: Data & Analytics, IoT, Security.

Why the enterprise IoT journey is a long and complex one – and how LoRaWAN fits into it

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...

By James Bourne, 12 June 2019, 0 comments. Categories: Data & Analytics, Enterprise, IoT, Standards.

Seven things you need to know about IIoT in manufacturing – and its powerful influence

  • Global spending on IIoT platforms for manufacturing is predicted to grow from $1.67 billion in 2018 to $12.44bn in 2024, attaining a 40% compound annual growth rate (CAGR) in seven years
  • IIoT platforms are beginning to replace MES and related applications, including production maintenance, quality, and inventory management, which are a mix of information technology (IT) and operations technology (OT) technologies
  • Connected IoT technologies are enabling a new era of smart, connected products that often expand on the long-proven platforms of everyday products.

By Louis Columbus, 10 June 2019, 0 comments. Categories: Data & Analytics, Enterprise, IIoT, IoT, Manufacturing.

World Economic Forum launches global councils across IoT, blockchain, AI and more to ‘restore trust’ in tech

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...

By IoT News, 04 June 2019, 0 comments. Categories: AI, Data & Analytics, IoT, Standards.

Why Industry 4.0's potential needs to be proven on the shop floor

  • 99% of mid-market manufacturing executives are familiar with Industry 4.0, yet only 5% are currently implementing or have implemented an Industry 4.0 strategy
  • Investing in upgrading existing machinery, replacing fully depreciated machines with next-generation smart, connected production equipment, and adopting real-time monitoring including Manufacturing Execution Systems (MES) are manufacturers’ top three priorities based on interviews with them
  • Mid-market manufacturers getting the most value out of Industry 4.0 excel at orchestrating a variety of technologies to find new ways...

By Louis Columbus, 31 May 2019, 0 comments. Categories: Data & Analytics, Enterprise, IIoT, IoT.

Zigbee Alliance’s new initiative aims to improve interoperability between IoT devices

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...

By IoT News, 30 May 2019, 0 comments. Categories: Data & Analytics, IoT, Standards.

School’s IoT network teaches students about climate change

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...

By Ryan Daws, 29 May 2019, 0 comments. Categories: Data & Analytics, IoT, Smart Cities.