IOT NETWORK NEWS

Nokia adds new products and features to whole-home Wi-Fi portfolio to enhance consumer experience

July 22, 2019July 15, 2019 IOT

Nokia announced it is adding a new beacon and several new features to its whole-home Wi-Fi portfolio. The new Beacon 1 complements Nokia’s premium Beacon 3 solution, while new Intelligent Channel Selection, pre-pairing and bridging features help to simplify network setup and enhance the overall Wi-Fi experience. Despite more than 9 billion Wi-Fi-enabled devices in use, many homes suffer from poor Wi-Fi. This can be attributed to the number of connected devices on the Wi-Fi network, the amount of high bandwidth activities — such as video streaming — taking place, or…

Smart factory market to cross US$155 bn by 2025

July 19, 2019July 14, 2019 IOT

U.S. smart factory market, by application, 2018 & 2025

Global Smart Factory Market is set to grow from its current market value of more than $75 billion (€66 billion) to over $155 billion (€138 billion) by 2025; according to a new research report by Global Market Insights, Inc. The smart factory market is driven by the growing demand for intelligent industrial solutions that organise output and save huge labour & operational costs. These factories are digitally advanced & connected facilities that enhance the manufacturing performance along with replacing human workers in a variety of operations. Several technologies including IoT,…

Festo aims for simpler visual inspection configuration with new SBRD smart camera

July 18, 2019July 14, 2019 IOT

The new SBRD smart camera from industrial automation specialists Festo lies at the heart of an intuitive image processing system that opens up new perspectives in automation and robot technology. High-resolution cameras and a powerful controller form the core of the SBRD smart camera system, while high-performance image-processing software delivers fast, process-reliable results. Lightweight and compact in design, the system makes carrying out inspections from several perspectives or with a large field of view very simple and intuitive. Equipped with two camera interfaces, the fanless remote head controller is suitable…

China, India, Japan and South Korea set to surpass 1bn installed smart electricity meters in 2025

July 17, 2019July 14, 2019 IOT

According to new a research report from the IoT analyst firm Berg Insight, the installed base of smart electricity meters in the Asian markets China, India, Japan and South Korea will grow at a compound annual growth rate of 7.9% from 613.4 million in 2018 to reach 965.9 million in 2024. Over the next six years, smart meter penetration among electricity customers in the region is projected to increase from around 67% in 2018 to 94% by the end of 2024. At this pace, Berg Insight anticipates the markets will…

Berg Insight says 18mn North Americans used connected care solutions in 2018

July 16, 2019July 14, 2019 IOT

A new report from the IoT analyst firm Berg Insight has found that around 18.0 million people in North America were using connected care solutions at the end of 2018.The figure refers to users of medical alert systems, connected medication management solutions and remote patient monitoring (RPM) solutions in Canada and the US. RPM is the largest and most mature segment having a total of 16.1 million users at the end of 2018. The market for medical alert systems is considerably smaller with an estimated total of 3.1 million users,…

Global digital twin market size to exceed $20bn by 2025

July 15, 2019July 14, 2019 IOT

Digital Twin Market size is set to exceed US $20 billion (€17 billion) by 2025; according to a new research report by Global Market Insights, Inc. The digital twin market growth is attributed to the increasing adoption of the IoT and IIoT and the rapidly growing digitalisation in manufacturing, automotive, and healthcare industries. The continuously rising adoption of the IoT that is empowered & backed by 3D simulation, deep learning, Artificial Intelligence (AI), and big data analytics will help in the cost-effective implementation of digital twin in aerospace & defense,…

Taiwan Star Telecom prepares for 5G migration with Nokia portfolio

July 14, 2019July 14, 2019 IOT

Nokia announced that TST (Taiwan Star Telecom) has chosen the Nokia end-to-end (E2E) solution to expand the coverage and capacity of its LTE network to support subscriber growth. The new solution will also enable TST to offer narrowband Internet of Things (IoT) services, as well as prepare TST to migrate to 5G services in the future. The expansion will enhance network quality and improve the user experience. With their open and transparent mobile rates and highest price-to-performance scores, TST continuously invests in the performance of their mobile network in order…

Smart home automation revenues to exceed $57mn by 2024

June 19, 2019June 19, 2019 IOT

New data analysed by Juniper Research indicates that automation revenues will exceed US$57 million (€50 million) by 2024. This is up from $18 million (€16 million) in 2019, and is driven by smart security solutions. Juniper’s new research, Smart Homes: Strategic Opportunities, Business Models & Competitive Landscape 2019-2024, found the ‘Do It For Me’ model, with vendors offering advice, installation, maintenance and cloud storage on monthly/yearly subscriptions, is gaining ground. More players, such as Hive, Vivint Smart Home and TP-Link, now offer subscription packages, which broaden the value proposition with…

5 Benefits of Commercial IoT and Automation

June 12, 2019June 10, 2019 IOT

Some of the current applications of the Internet of Things feel more trivial than others. Humans have been outrunning each other for a hundred thousand years without the aid of internet-connected sneakers, for instance. And using telephones to close the blinds in our homes often feels like more, not less, work. But commercial IoT is a different beast. It’s distinct from consumer IoT and arrives with different challenges and a separate set of benefits and opportunities. Here’s a look at five of them. 1. Make Your Buildings More Efficient Optimizing…

Next Generation Miniaturized IoT Asset Security

June 11, 2019June 10, 2019 IOT

The Kudelski Group, the world leader in digital security, and CoreKinect, a leader in scalable hardware design & manufacturing which allows clients to achieve scale rapidly without compromising on quality or customization, today announced an agreement to create a joint solution enabling companies and organizations to securely and economically track their assets at scale, in sizes and form factors that have not been seen to date in the industry. The solution combines the custom hardware engineering expertise of CoreKinect with Kudelski’s more than thirty years of developing security technologies to…

The IoT Solutions World Congress 2019 Announces its First Speakers and Sessions

June 10, 2019June 10, 2019 IOT

IoTSWC 2019, which will be held from 29th to 31st October in Fira de Barcelona’s Gran Via venue, will be based around nine core themes: open industry; technologies enabling IoT, connected transport; manufacturing; energy and supplies; healthcare; construction and infrastructures; artificial intelligence; and blockchain. There will be over 200 sessions including talks, round tables and presentations, and more than 400 speakers are expected to participate. Among the first confirmed experts is Joe Barkai, analyst and author of “The Outcome Economy: How the Industrial Internet of Things is Transforming Every Business”.…

Soracom Backs Smart Tracking Technology Innovator Pebblebee

June 1, 2019June 10, 2019 IOT

Soracom, Inc., a global provider of smart connectivity for the Internet of Things (IoT), announced it has funded a substantial investment in smart tracker developer Pebblebee. This investment contributes to an ongoing $10M funding round and marks the third publicly-disclosed investment through the Soracom IoT Fund. Pebblebee, based in Seattle, designs feature rich location tracking solutions and will benefit from Soracom’s support in ongoing research and development efforts, new product development and further expansion of its IP portfolio. First established in 2012, Pebblebee has grown from a dramatically successful Kickstarter…

Sectigo acquires Icon Labs, claiming industry-first end-to-end IoT security platform

May 21, 2019May 10, 2019 IOT

Sectigo (formerly Comodo CA), which is said to be the world’s largest commercial Certificate Authority (CA) and a specialist in web security solutions, has acquired Icon Labs. Icon Labs is a provider of cross-platform security solutions for embedded original equipment manufacturers (OEMs) and Internet of Things (IoT) device manufacturers. Sectigo’s expanded IoT Security Platform aims to provide device manufacturers, systems integrators, enterprises using connected IoT, and entire interoperable ecosystems, with the industry-first ability to use purpose-built IoT issuance from a trusted third-party CA. The platform will seamlessly harden device security…

Blockchain billing pilot project with Orange Group and MTS proves a success, say Syniverse and IBM

May 20, 2019May 10, 2019 IOT

Syniverse and IBM have joined forces with the goal of advancing mobile roaming solutions with a pilot program that uses open-source blockchain technology. The solution is designed to instantly validate new wholesale billing and charging processes for clearing and settlement services. The Syniverse and IBM pilot is designed to enable “smart contracts” to be coordinated and executed between mobile operators. The smart-contracts capability of blockchain technology helps determine the rules and processes governing each transaction between parties. This capability will help improve customer efficiencies and reduce the friction of doing…

BrainBox AI claims to launch first AI technology for autonomous buildings

May 17, 2019May 10, 2019 IOT

BrainBox AI announced the launch of its unique technology combining deep learning, cloud-based computing and algorithms to support a 24/7 self-operating building. BrainBox AI is the first Artificial Intelligence (AI) technology designed specifically for Heating, Ventilation and Air Conditioning systems (HVAC) in commercial buildings. Its vision is to redefine building automation and to be at the forefront of the green building revolution. BrainBox AI’s solution leverages AI to predict a building’s thermal load and enables the HVAC system to operate autonomously, in real-time, leading to significant energy and cost savings,…