Helm.ai raises $13 million in seed funding to boost driverless car AI

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,...

By IoT News, 27 March 2020, 0 comments. Categories: AI, Connected Vehicles, Data & Analytics.

IDC warns of significant shrinkage to semiconductor market with Covid-19 pandemic

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...

By IoT News, 24 March 2020, 0 comments. Categories: Data & Analytics, Development, IoT.

Thales, Telstra, Microsoft and Arduino working on scalable IoT security with GSMA standard

Thales and Telstra have collaborated with Microsoft and Arduino to implement a GSMA solution that would allow trusted and secure end-to-end communication between device and cloud in order to pave way for scalable security for connected IoT devices.

As billions of devices collect, process and send data to the cloud within the IoT ecosystem, a variety of IoT services are executed. In order to enable security, the IoT cloud service must...

By IoT News, 18 March 2020, 0 comments. Categories: Enterprise, IoT, Standards.

NEC and Siemens team up for IoT monitoring partnership

NEC Corporation has announced that it will be collaborating with Siemens to provide artificial intelligence (AI) monitoring and analysis.

In a press release, NEC said that the collaboration will provide a solution for manufacturing that connects MindSphere, the cloud-based, open IoT operating system from Siemens, and NEC’s System Invariant Analysis Technology (SIAT). According to the agreement that was signed by the two...

By IoT News, 12 March 2020, 0 comments. Categories: AI, Enterprise, IIoT, IoT, Manufacturing.

Microsoft and Cisco team up to integrate cloud and IoT platforms

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,...

By IoT News, 10 March 2020, 0 comments. Categories: Data & Analytics, Development, Enterprise, IoT.

Waymo secures $2.25 billion in first external investment

Waymo has announced that it has raised $2.25 billion (£1.75bn) in a fundraising round led by Silver Lake, Canada Pension Plan Investment Board and Mubadala Investment Company. It is Waymo’s first external investment that also included Magna, Andreessen Horowitz and AutoNation, as well as parent firm Alphabet.

Waymo CEO John Krafcik wrote in a company blog: “With this injection of capital and business acumen,...

By IoT News, 03 March 2020, 0 comments. Categories: Connected Vehicles, IoT.

SparkLabs launches Connex IoT and smart city accelerator

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...

By IoT News, 02 March 2020, 0 comments. Categories: Data & Analytics, IoT, Smart Cities.

Ezlo Innovation joins Zigbee Alliance amid executive change

Ezlo Innovation, a developer of smart solutions for homes and businesses announced its membership in the Zigbee Alliance as an adopter-level member.

Zigbee Alliance is an organisation of hundreds of firms creating, maintaining, and delivering open, global standards for the Internet of Things (IoT). According to Gartner’s predictions, the IoT market will grow to more than 5.8b endpoints in 2020, with more than 1.53b in...

By IoT News, 02 March 2020, 0 comments. Categories: Development, IoT, Standards.

Zscaler report explores 'shadow IoT' security threat across industries

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%...

By IoT News, 28 February 2020, 0 comments. Categories: Data & Analytics, Enterprise, IoT, Security.

Toyota invests $400m in Pony.ai with latest driverless tech bet

Self-driving vehicle technology provider Pony.ai has secured $400 million (£308.35m) from Toyota, pushing the company’s valuation to more than £2.31bn.

The company is focusing on deepening and expanding its collaboration with Toyota in mobility services. They will further boost their joint efforts in self-driving technology development and mobility service deployment. The latest strengthened partnership...

By IoT News, 26 February 2020, 0 comments. Categories: AI, Connected Vehicles, IoT.

Seven in 10 companies know of hacks against their IoT devices, research finds

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...

By IoT News, 21 February 2020, 0 comments. Categories: Data & Analytics, IoT, Security.

Semios secures $75 million in funding to expand IoT network for agriculture

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....

By IoT News, 19 February 2020, 0 comments. Categories: Connected Vehicles, Data & Analytics, Development, Enterprise, Healthcare.

German enterprises getting to grips with IoT data analytics – with many using AWS to power it

According to a new report published by ISG, German enterprises are looking for service providers to help them use Amazon Web Services (AWS) for data analytics and IoT applications, and increasingly to run SAP products.

The report noted an increasing demand for AWS data analytics solutions among many German enterprises due to a rising demand for public cloud transformation.

In Germany,...

By IoT News, 19 February 2020, 0 comments. Categories: Enterprise, IIoT, Manufacturing, Smart Cities.

Worldwide spending on smart cities initiatives will total $124bn in 2020, says IDC

Global spending on smart city initiatives will total $124 billion (£95bn) in 2020 at an increase of 18.9% year over year, according to new research from IDC.

As per the research firm in its latest Worldwide Smart Cities Spending Guide, the top 100 cities that invested in smart initiatives in 2019 represented nearly 29% of global spending. While growth will be sustained among the top spenders in the short term, the...

By IoT News, 17 February 2020, 0 comments. Categories: Development, IoT, Smart Cities.

Stanley Black & Decker working on sustainable IoT connectivity with Ericsson and T-Mobile

Ericsson, T-Mobile Austria and Stanley Black & Decker have announced their collaboration on innovative IoT solutions for connected equipment and services.

By making use of T-Mobile Austria’s network, Ericsson IoT Accelerator for global connectivity, and Stanley Black & Decker’s digital accelerator, all the three partners are trying to simplify and boost the global deployment of Stanley Black and Decker’s...

By IoT News, 14 February 2020, 0 comments. Categories: Development, Enterprise, IoT.

Verizon teams up with Sequans to fast-track commercial deployments of IoT connected devices

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...

By IoT News, 13 February 2020, 0 comments. Categories: Data & Analytics, Development, IoT, Standards.

Nokia and SoftBank team up to complete world’s first 5G connected car test

Nokia has become the first telecommunications firm to successfully complete a trial demoing the use of non-standalone 5G technology for commercial operations of connected cars.

The testing was conducted by SoftBank at Japan’s Honda research and development site in Hokkaido.

SoftBank, a buyer of Nokia’s end-to-end 5G portfolio, installed non-standalone 5G networks that are...

By IoT News, 11 February 2020, 0 comments. Categories: Connected Vehicles, Development, IoT.

Nuro gets testing approval for autonomous delivery vans without human controls

California-based robotics firm Nuro has been given permission to test its self-driving vehicles in Houston, Texas – which are built without human controls.

Dubbed as R2, Nuro’s self-driving delivery vans are the company’s second-generation vehicles which do not have any basic controls like a steering wheel, pedal or side view mirrors, as reported by the BBC.

By IoT News, 07 February 2020, 0 comments. Categories: Connected Vehicles, Development, IoT.

New research shows how easily LoRaWAN smart devices networks can be hacked

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...

By IoT News, 04 February 2020, 0 comments. Categories: Data & Analytics, IoT, Security.

University of Pittsburgh researchers explore enabling lag-free connections in massive IoT devices

Researchers at the University of Pittsburgh's Swanson School of Engineering have proposed a system that would use resources that are currently under utilised in an existing wireless channel in order to create more opportunities for lag-free connections.

The system will require no additional hardware or wireless spectrum resources and will minimise traffic backups on networks with several wireless connections.

By IoT News, 03 February 2020, 0 comments. Categories: Development, IoT, Standards.