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.

Deutsche Telekom and Software AG team up to expand ‘Cloud of Things’

Deutsche Telekom has announced a strategic partnership with Software AG in order to deliver Internet of Things (IoT) services on a global scale. The operator’s enterprise customer unit, T-Systems, will expand its ‘Cloud of Things’ offering, using Software AG’s Cumulocity IoT platform.

The partnership, announced by Software AG CEO Sanjay Brahmawar and T-Systems chief executive Adel Al-Saleh (above) allows...

By IoT News, 16 July 2019, 0 comments. Categories: Development, Standards.

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.

Waymo allowed to use self-driving vehicles to transport passengers in California

Waymo has received a permit from the California Public Utilities Commission (CPUC) to run its self-driving taxis.

As first reported by TechCrunch, the approval lets the Alphabet-owned self-driving venture to participate in the state’s Autonomous Vehicle Passenger Service pilot. The move is a boon for Waymo, as it has started to scale its autonomous...

By IoT News, 03 July 2019, 0 comments. Categories: Connected Cars, IoT.

FIDO Alliance announces new identity verification initiatives

California-based FIDO Alliance has announced two new standards and certification initiatives in identity verification and the Internet of Things (IoT).

The initiatives, which are established on the Alliance’s plan to drive the market adoption of its FIDO Authentication product, aim to reinforce identity verification assurance to support account recovery and automate secure device onboarding to remove the use of passwords from...

By IoT News, 27 June 2019, 0 comments. Categories: IoT, Security, Standards.

Overperformers in digitisation see IoT and AI technologies as key, study argues

A new study has revealed that more than one in three (37%) medium-sized companies with above average returns see technologies as the Internet of Things (IoT) and artificial intelligence (AI) as a key part of ongoing investment planning.

The study, the Finanzierungsmonitor 2019 from Creditshelf and TU Darnstadt, also revealed that only 18% of companies with an average or below-average return put these topics at the top their...

By IoT News, 25 June 2019, 0 comments. Categories: AI, Development, IoT.

Accenture acquires Deja vu Security to help organisations with IoT cyber awareness

Seattle-based information security and consulting services firm Deja vu Security has been acquired by Accenture for an undisclosed amount.

Founded in 2011, Deja vu Security is now merged into Accenture Security’s Cyber Defense offerings as part of the acquisition, which is Accenture’s goal of “investing in and innovating” next generation cybersecurity. Accenture noted that IoT security ‘often...

By IoT News, 21 June 2019, 0 comments. Categories: IoT, Security.

Study reveals majority of organisations finding it hard to understand business benefits of IoT

A new survey has found the majority of organisations - including those who have already implemented IoT projects - are still finding it difficult to undertand the business benefits of the technology.

The study, titled IoT Implementation Trends and put together by Longview IoT,  suggested the enterprise organisations of all sizes and across all vertical industries need proper guidance and learning to realise more specific business results that IoT can help them achieve.

Bridging the gap...

By IoT News, 19 June 2019, 0 comments. Categories: Enterprise, IoT.

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.