Industrial Internet of Things market to reach $150bn by 2020

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The Industrial Internet of Things (IIoT) market is expected to be worth $151.01 billion (£106.6bn) by 2020, according to a report from Research and Markets.

The IIoT is expected to create avenues for various sectors such as manufacturing, metals and mining, and healthcare. Production processes are slated to be transformed and this will facilitate optimum utilisation of resources, better decision-making, enhanced asset monitoring and improved collaboration while creating avenues to...

By IoT News, 27 January 2016, 0 comments. Categories: Enterprise, IIoT, IoT.

Low power wide area network connectivity augmented for IoT

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A report from Frost & Sullivan has examined the key growth areas in the low power wide area network (LPWAN) space, and argues it will account for a “significant” share of Internet of Things (IoT) connections by 2020.

Low power wide area networks (LPWAN), which possess low data rate, can back millions of devices that generate small volumes of data and require extended range and energy efficient networks. Intense competition exists in this space between proprietary...

By IoT News, 26 January 2016, 0 comments. Categories: IoT.

ForeScout secures $76m funding to accelerate development in IoT security

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ForeScout Technologies, a company which aims to provide ‘agentless’ cybersecurity, has announced it has raised $76 million (£53.2m) in funding to accelerate leadership in the “underserved” Internet of Things (IoT) security space.

The round of funding for the California-based company, which currently possesses a valuation of $1 billion, was led by Wellington Management. ForeScout has seen its valuation triple in the past year and a half even as its...

By IoT News, 25 January 2016, 0 comments. Categories: IoT, Security.

Sigfox provides IoT network in Antarctica - part of humanitarian work

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Not long ago I was on a WiFi-enabled flight thinking about just how incredible that is, but also how it was more reliable than my connection at home was during that period. This led me to think even higher above my head, to astronauts in the ISS, who also have an internet connection (however slow.) 

Sigfox is using its expertise to build an IoT network in...

By Ryan Daws, 20 January 2016, 0 comments. Categories: IoT.

Vectra Networks reveals worrying vulnerability in IoT devices

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Threat management provider Vectra Networks has revealed a potentially alarming security hack in a Wi-Fi-enabled camera – which could have repercussions for other IoT devices.

The experiment, carried out by Vectra Threat Labs, found the researchers were able to reprogram a D-Link Wi-Fi camera, priced at $30, to function as a network backdoor without halting the camera’s option. In theory, hackers could have full access to an organisation’s network bypassing traditional...

By IoT News, 18 January 2016, 0 comments. Categories: IoT, Security.

Gartner: Majority of new business will incorporate IoT by 2020

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Analyst house Gartner has argued that over 50% major new business processes and systems will make use of some element of the IoT by 2020.

Adoption of the IoT among consumers and enterprises is set to see a sharp rise as the cost of hardware and the process of connecting it continues to decline. W. Roy Schulte, vice president and distinguished analyst at Gartner, said: “Uses of the IoT that were previously impractical will increasingly become practical. The IoT is relevant in...

By IoT News, 15 January 2016, 0 comments. Categories: Enterprise, IoT.

IoT is emerging from the hype – but still a long way to go

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While it may be a good headline that Gartner condemned the Internet of Things (IoT) as one of the most overhyped technology trends of 2015, it is somewhat misleading by failing to acknowledge the rapid progress being made – even if these are still early days. However, Gartner was correct that the full promise of IoT as a joined up ecosystem of interoperable components is indeed five to 10 years away.

There are already demonstrable...

By Anders Pals, 15 January 2016, 0 comments. Categories: Development, IoT.

NEXCOM launches IoT gateway “NISE 50C” for enterprise applications

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NEXCOM, a computer software provider, has launched the NISE 50C IoT gateway, developed with control, communication, and connect capabilities which the company claims is ideal for edge controllers and data concentrators.

The IoT gateway can oversee connected devices and manage the collection, storage, and transmission of sensor data, and is capable of distilling unexplored value in data.

The compact fanless NISE 50C comes with flexible functions for real-time control, machine-to-machine...

By IoT News, 14 January 2016, 0 comments. Categories: Enterprise, IoT.

WRD Systems: Our vision for the Internet of Things – less hype, more M2M

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The problem with the Internet of Things is that few people truly understand what it is really about.

A large percentage of people who do understand it tend to discard it as yet another marketing hype such as “the cloud” with very little real substance. Due to all kinds of news reports on security issues, vendor lock-ins and lack of open standards, cost overruns, etc. these people tend to see their opinions confirmed.

We also tend to agree with this group – to a...

By Johan Dams, 13 January 2016, 0 comments. Categories: IoT, Smart Cities, Smart Homes.

IoT to push consumer technology industry to $287bn in revenues

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The Internet of Things (IoT) is set to push the consumer technology industry to $287 billion (£197bn), according to the Consumer Technology Association (CTA).

The CTA’s new semi-annual industry report, U.S. Consumer Technology Sales and Forecasts, argues that 4K UHD TV, wearables, drones will witness double digit growth in 2016 as well-established technologies including smartphones, televisions and laptops drive minimal growth of 1% though they account for 51% of the...

By IoT News, 11 January 2016, 0 comments. Categories: IoT.

New Wi-Fi standard aims to bring more power to the Internet of Things

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The Wi-Fi Alliance has announced Wi-Fi HaLow, a new standard for products incorporating IEE 802.11 technology aimed at reaching the full potential of Internet of Things (IoT) devices.

The new Wi-Fi HaLow designation, announced at the CES show earlier this week, will apply for low-power Wi-Fi solutions operating below the one gigahertz range, offering longer power connectivity and longer range. It will enable various power-efficiency use cases in connected cars, smart homes, digital...

By IoT News, 08 January 2016, 0 comments. Categories: IoT, Standards.

IoT gains ground in 2015, with more traction expected in 2016

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A new report by PYMNTS and Intel argues that the Internet of Things (IoT) made progress in 2015 in terms of adoption, and is expected to gain even more ground in 2016.

The man behind the term “Internet of Things”, Kevin Ashton, explained that businesses had begun to make use of IoT though consumers had not responded in a big way. According to Ashton – the co-founder of the Auto-ID Center at the Massachusetts Institute of Technology – there has not been a...

By IoT News, 07 January 2016, 0 comments. Categories: IoT.

Atlanta, Chicago and Dallas involved in AT&T smart cities framework

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Communications giant AT&T has announced a new framework for smart cities in various US locations – and is enlisting the help of Cisco, IBM and Intel among others to implement it.

AT&T plans to launch the smart cities framework in Chicago, Dallas, Atlanta, and at the Georgia Institute of Technology. The new framework includes categories such as infrastructure, citizen engagement, transportation, and public safety.

Under the infrastructure banner, cities will be able to...

By IoT News, 07 January 2016, 0 comments. Categories: IoT, Smart Cities.

Accenture survey raises questions over IoT device uptake

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Security and privacy concerns are among the key barriers to buying an IoT device and service, according to a poll of almost 30,000 consumers released by Accenture.

“Until the promise of IoT meets consumers’ expectations, the IoT market will remain more promise than profit and do little to reinvigorate the overall digital consumer market,” said Sami Luukonen, global managing director for Accenture’s electronics and high tech group.

The survey findings put...

By IoT News, 06 January 2016, 0 comments. Categories: IoT, Security.

Why smart device growth is expected to mimic the smartphone craze

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To say that there is an overabundance of technology in our world would be an understatement. After all, there’s even a smart crockpot by Belkin that can be controlled from out of the home.

However, while it certainly seems that there’s a market for every novel idea out there, it’s not so simple to foretell which will hit and which will miss. After all, even smartphones weren’t a hit out of the gate. Infact, by the end of 2009, only

By Eran Eshed, 05 January 2016, 0 comments. Categories: Development, IoT.

ThingWorx owner PTC agrees to acquire Kepware in $100m deal

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US technology firm PTC, owners of the ThingWorx Internet of Things platform, has announced it is to acquire software development provider Kepware for approximately $100 million (£68m) to add to its industrial IoT portfolio.

The agreement also includes a potential $18 million (£12.2m) dependent on meeting certain financial and strategic milestones.

Maine-based Kepware has customers across 120 countries and in industries such as power and utilities, building automation, oil and...

By IoT News, 04 January 2016, 0 comments. Categories: Enterprise, IoT.

IoT in manufacturing to grow 26.9% in 2015-2020

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A new Research and Markets report has forecast that the IoT in manufacturing market will reach $13.49 billion (£9.06bn) in 2020.

Manufacturers are increasingly inclined towards adopting IoT solutions for smart manufacturing to improve efficiency, security and reliability. High employment costs, machine downtimes and regulatory changes are also pushing manufacturing firms towards IoT.

The report estimates the market size and its future growth across different segments, including...

By IoT News, 23 December 2015, 0 comments. Categories: Enterprise, IoT.

Afero platform aims to bring more connectivity and security to IoT

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A new platform called Afero has been unveiled in Los Altos in California, aiming to bring greater connectivity and security to the Internet of Things within and outside the home.

Afero was introduced by a number of industry veterans from Nest, Apple and Google, while at its helm is Joe Britt, a former Engineering Director of Google Android and a co-founder of Danger, which made the T-Mobile Sidekick smartphone.

The team behind Afero has been working almost two years to develop a...

By IoT News, 22 December 2015, 0 comments. Categories: Data & Analytics, IoT, Standards.

The rise of intelligent industry and the Industrial Internet of Things

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According to IDC, the global Internet of Things (IoT) market is set to grow to $1.7 trillion by 2020. Fuelling that is an expected increase in the number of active IoT endpoints, from 10.3 billion in 2014 to more than 29.5 billion in 2020. The proliferation of smart, connected machines and devices is having a profound impact on how industry around the world operates. We are ushering in a new era - the Industrial Internet of Things (IIoT) – where data from interconnected...

By Greg Conary, 21 December 2015, 0 comments. Categories: Enterprise, IIoT, IoT.