Smart home automation revenues to exceed $57mn by 2024

Smart home automation

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…

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5 Benefits of Commercial IoT and Automation

Commercial IoT and Automation

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…

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Next Generation Miniaturized IoT Asset Security

Corekinect

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…

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Soracom Backs Smart Tracking Technology Innovator Pebblebee

www.soracom.io

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…

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

Sectigo IoT Manager

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…

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Samsung introduces Exynos i T100 for secure and reliable IoT devices with short-range connectivity

Exynos 9 Series

Samsung Electronics Co Ltd, a provider of advanced semiconductor technology, announced a new Internet of Things (IoT) solution, the Exynos i T100, which enhances the security and reliability of devices designed for short-range communications. Along with the previously introduced Exynos i T200 for Wi-Fi and Exynos i S111 for long-range narrow-band (NB) communications, the launch of the Exynos i T100 allows the company to cover a wider gamut of connectivity for today’s IoT devices. Based on a power-efficient 28-nanometer (nm) process technology, the Exynos i T100 is optimised to be…

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Síminn and Ericsson ramp up move towards 5G and massive IoT in Iceland

Island IoT

As part of its 5G preparations, Síminn will modernise and expand its radio network and continue to deploy the 5G-ready Ericsson Radio System. The two companies will also conduct 5G trials enabled by Ericsson 5G New Radio and Ericsson Spectrum Sharing. Síminn is eyeing the introduction of new IoT services on its 4G network – including Narrowband IoT (NB-IoT) and Cat-M1. The agreement aims to accelerate the growth of Iceland’s IoT ecosystem across diverse use cases. NB-IoT enables low data rate applications in extremely challenging radio conditions, for example, connecting…

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Device Authority launches security suite for PTC ThingWorx IoT platform

IoT security platform

Device Authority, a global provider of Identity and Access Management (IAM) for the Internet of Things (IoT), has launched a Security Suite for PTC ThingWorx IoT platform. It combines four security extensions into one bundle for ThingWorx customers and partners. This solves customer demand for enhanced security, meeting compliance and business needs, and ensuring an end-to-end security solution is robust. ThingWorx delivers purpose-built industrial IoT applications and the market-leading technology platform, so customers can rapidly deliver solutions that solve critical challenges all designed to accelerate digital transformation. When connecting applications…

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LoRaWAN Pioneer Senet Expands Business with New Focus

Senet’s most-recent network coverage map

The first firm to get FCC certification for LoRaWAN sensors and gateways is finding growing traction for an array of applications. “Senet” is the name of an Ancient Egyptian board game dating back to at least 3,000 B.C., which eventually gave rise to backgammon. The company Senet, however, which is a finalist in the IoT World Awards, derives its name from its description of being a “Sensible Network Company.” Founded roughly a decade ago as “EnerTrac,” the company’s initial focus was on using an end-to-end IoT technology to optimize propane…

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How to make the most of IoT in the restaurant business

restaurant iot

The Internet of Things (IoT) has been dominating the headlines lately, unfolding on many fronts across the globe. This post from Vikash Kumar Chaudhary of Tatvasoft.com sums up how a restaurant owner, purveyor, or grower can make the most of this tech to automate all the tedious tasks and focus on something else. If we take a close look at the hospitality sector, I am sure you will find it entirely driven by the customer service. The only challenge is how to harness the power of digital transformation in the…

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Why the Internet of Things needs Artificial Intelligence

data IoT

Artificial Intelligence (AI) and the Internet of Things (IoT) are terms that project a futuristic and science fiction image; both have been identified as causing disruption in business in 2018. In fact, says Harnil Oza, CEO of Hyperlink InfoSystem, both concepts are more real today than they have been at any time in the past. However, for companies to be aware of the full potential of the IoT, then IoT has to be merged with Artificial Intelligence (AI) technologies that advance rapidly. This allows “intelligent machines” to think for themselves…

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How the Internet of Things improves financial investments

IoT Finance

Can smart technology lead to smart investing? There is ample evidence that this is the case, says Marc Weisberg, managing principal for Soho Investment Partners, given the prominence and proliferation of the Internet of Things (IoT) over the past few years. While there were 15 billion connected devices in 2015, one estimate is that there could be as many as 20 billion by 2020. Sales of IoT devices, meanwhile, rose from $18 billion (€16 billion) in 2009 to $1.1 trillion (€0.97 trillion) by 2017. That figure will likely reach $1.7…

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Top IoT start-ups across industries

iot start up

IoT proves to be a transformative force for many businesses, regardless of industry. Yet, there are a few sectors that can benefit from this concept in particular – and both start-ups and small to medium-sized enterprises (SMEs) seem to be well aware of that, as new ventures offering powerful IoT solutions emerge. Before digging deeper into the Internet of Things, meet top IoT start-ups within rapidly developing industries, says Emil Waszkowski, growth manager & business analyst at Future Mind. Until recently, advanced IoT solutions were only reserved for large companies…

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Nokia intros IoT starter packs for operators to target agriculture, livestock, logistics

Nokia IoT agriculture

Nokia has introduced four ready-made IoT packages to help mobile network operators go after the agriculture, livestock management, logistics, and asset management markets. Its new IoT packages – available “off-the-shelf” and “as—a-service” – will drive new revenues for operators, with “minimal investment and less risk”, it said. The four new IoT solutions make use of Nokia’s Worldwide IoT Network Grid (WING) infrastructure, which bundles global IoT connectivity, devices, applications, and support. WING is available to operators on a “pay-as-you-grow” basis, said Nokia. Its new smart agriculture solution includes sensors and…

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ETSI CIM group releases full spec for context information exchange in smart cities

wireless IoT applications

The ETSI Industry Specification Group for cross-cutting Context Information Management (ISG CIM) has just released its main specification GS CIM 009 for NGSI-LD API. It is particularly targeting smart city applications and government services (use cases available in GR CIM 002). This concludes two years of work, including industry feedback on the preliminary release made in April 2018. The name “NGSI-LD” refers to early work of the Open Mobile Alliance in defining high-level NGSI interfaces as well as advances from the Linked Data community. A significant amount of the data…

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