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.

Sierra Wireless and Microsoft collaborate to claim industry’s first full-stack IoT offerings

Sierra Wireless has announced it has entered into a strategic collaboration with Microsoft to offer what is claimed to be one of the industry’s first full-stack Internet of Things (IoT) solutions.

Sierra’s new Octave edge data orchestration solution has been successfully connected with Microsoft’s Azure IoT Central, a software as a service (SaaS) offering that allows customers to build and deploy...

By IoT News, 12 June 2019, 0 comments. Categories: Enterprise, IoT.

ST Engineering to collaborate with Nokia around 5G and IoT

Singapore-based engineering company ST Engineering has signed a partnership agreement with Nokia to work together on key technology areas like 5G and IoT and expand their business offerings to their customers in the public as well as private sectors.

Collaboration between the two companies will allow expansion of their joint solution portfolio and place them in a better position to pursue new business opportunities, which will...

By IoT News, 11 June 2019, 0 comments. Categories: Development, Enterprise, IoT.

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.

Infineon to acquire Cypress Semiconductor in blockbuster $10 billion chip deal

Infineon Technologies has signed a definitive agreement with Cypress Semiconductor Corporation, under which Cypress will be acquired by Infineon for $23.85 per share in cash, corresponding to an enterprise value of $9.98 billion (£7.9bn).

The acquisition of Cypress will allow Infineon to subsequently increase its focus on structural growth drivers and offer a wider range of applications. Infineon's leading power...

By IoT News, 03 June 2019, 0 comments. Categories: Enterprise, 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.

Enterprises need to assess their IoT footprint, argues Zscaler

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...

By IoT News, 24 May 2019, 0 comments. Categories: Data & Analytics, Enterprise, IIoT, Security.

5G to debut in IoT market in late 2020, argues Berg Insight report

Plenty has been said on when 5G will truly arrive – but according to a new report from Berg Insight, we should expect to wait another 18 months before the technology arrives in the context of the Internet of Things (IoT).

According to the IoT analyst firm, the first 5G cellular IoT modules will be available for developers in 2019 and will allow early adopters to build first IoT-based devices that will centre on the 5G...

By IoT News, 20 May 2019, 0 comments. Categories: Development, Enterprise, IoT, Standards.

Report: Edge computing likely to show strong growth for future IoT use cases

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...

By IoT News, 17 May 2019, 0 comments. Categories: Data & Analytics, Development, IoT.

Verizon’s NB-IoT network covers more than nine tenths of US population

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.

By IoT News, 15 May 2019, 0 comments. Categories: Data & Analytics, IoT.

Topaz Energy and Marine team up with Baker Hughes for IoT-enabled vessel maintenance

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...

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

Samsung SDS collaborates with Telensa over smart city projects

Samsung SDS has announced that it is working with Telensa on the Urban Data Project – a cloud platform that builds a trust infrastructure for urban data that allows cities to gather, protect, and use the data for the welfare of the public.

The partnership will break the ground of the project in South Korea and then take it further across Asia Pacific and the US. Cities will financially benefit from energy savings and...

By IoT News, 08 May 2019, 0 comments. Categories: Development, Enterprise, IoT, Smart Cities.

Filament’s blockchain fills in the data gaps for Nevada university’s autonomous vehicles

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...

By IoT News, 29 April 2019, 0 comments. Categories: Data & Analytics, Development, IoT, Smart Cities.

Qualcomm launches smart cities accelerator program with community focus

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....

By IoT News, 23 April 2019, 0 comments. Categories: Data & Analytics, Development, IoT, Smart Cities.

Smart IoT device payments grow substantially – but security concerns remain

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...

By IoT News, 17 April 2019, 0 comments. Categories: Data & Analytics, IoT, Wearables.

Siemens brings low-code platform Mendix to MindSphere in enterprise IoT play

Siemens has announced the availability of Mendix, its low-code enterprise app development platform, on MindSphere, an open IoT operating system from Siemens that offers developers with open APIs.

The move will aim to offer the essential support which is needed to easily test, build and deliver MindSphere applications. The Mendix for MindSphere integrated solution will play an important role in accelerating the time-to-value for...

By IoT News, 16 April 2019, 0 comments. Categories: Enterprise, IIoT, IoT.

Report: Global semiconductor revenue increased 12.5% year on year in 2018

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...

By IoT News, 11 April 2019, 0 comments. Categories: Data & Analytics, Enterprise, IoT, Standards.

Aruba’s latest offerings aim to help enterprise customers push adoption of IoT

Aruba, a Hewlett Packard Enterprise company which offers next-generation networking solutions for enterprises of all sizes globally, has announced its latest offerings that will help enterprise customers push Internet of Things (IoT) adoption.

Aruba ClearPass Device Insight, which is a powerful solution with automated and machine learning based finger printing, and the Aruba 530 and 550 Series, an addition to the family of...

By IoT News, 08 April 2019, 0 comments. Categories: Enterprise, IoT.

AWS and Canonical publicly release AWS IoT Greengrass as snap software

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...

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