Cash raised and alliances formed in spreading IoT industry ecosystems

THE ECOSYSTEM VIEW: In the latest instalment of his ecosystem column, Antony Savvas charts the latest movers and shakers in the Internet of Things (IoT) industry.

Traxens has closed a €20 million ($22.7 million) Series C financing round with key strategic partners. Funding will allow the company to finance a scale-up of its IoT data systems for smart containers and rail freight, while extending operations worldwide with a focus on Asia.

The latest investment round was led by the Itochu Corporation, Bpifrance and Supernova Invest. The cash will enable Traxens to launch global large-scale sea/land IoT tracking solutions on vessels operated by its partner shipping companies, including CMA, CGM and MSC. In June this year, it was announced that Maersk will become a shareholder and customer with an initial order for up to 50,000 of Traxens’ IoT containers.

Not Ousted

Ouster, a provider of high-resolution lidar (laser imaging detection and ranging) sensors for autonomous vehicles, robotics and mapping, has announced its expansion into Europe and the Asia-Pacific regions with new offices in Paris, Shanghai and Hong Kong.

San Francisco-headquartered Ouster says the expansion will enable “deep customer relationships” and enhance customer support through local field application engineering teams, while guaranteeing faster order fulfilment to its growing worldwide customer base.

“Ouster’s global footprint already includes over 450 customers spanning nearly 50 countries,” said Ouster CEO, Angus Pacala. “Our international expansion is core to continuing to provide exceptional delivery and support in every region we operate.”

DT into eSIMs

Deutsche Telekom has selected Idemia’s Entitlement server solution to launch eSIM-enabled devices in Europe.

Smartphones, wearables and connected devices are continuously evolving with new features to make our lives easier. To ensure a seamless user experience, device original equipment manufacturers (OEMs) are introducing entitlement specifications to optimise the way devices and networks interact.

Idemia’s Smart Connect Entitlement is part of its Smart Connect Platform, an end-to-end solution for mobile operators wanting to support eSIM devices. Supporting both iOS and Android platforms, the flexible cloud-based solution delivers non-invasive network integration to mobile operators.

According to the makers, they can cost-effectively and quickly deploy Smart Connect Entitlement for authentication for devices and subscribers, entitlement authorisation, subscription/message notifications, VoLTE and VoWiFi management and SMS-free feature registration.

Smart Connect Entitlement, said the telco, ensures Deutsche Telekom will “always have the very latest OEM specifications” to support smartphones, wearables and tablets on a “cost-effective and easy-to-deploy platform”.

Tata source

Thales and Tata Communications have joined forces to address businesses’ data security concerns around IoT. They are working together to develop a secure global IoT connectivity solution.

Tata Communications’ MOVE mobility and IoT platform and Thales’ T-Sure warranted digital identity offering are together set to unlock the value in data generated by connected devices such as cars and trucks, “whilst maintaining the integrity and security of IoT data”, said the partners.

Foresight in China

Antony Savvas

Israel’s Foresight Autonomous Holdings, a player in automotive vision systems, has announced the signing of a multi-phase technological cooperation agreement with a “Chinese Tier One supplier” to develop smart mobility solutions for the Chinese automotive industry, and specifically for two Chinese vehicle manufacturers.

Foresight will collaborate with the supplier to design, develop and commercialise automatic safety solutions to be implemented in the vehicles of the Chinese car makers. Foresight also hopes to integrate its QuadSight vision system into existing projects of car makers.

To help the initiative, the partners plan to approach the Innovation Authorities in each of their respective countries for project funding, as part of the Israel-China bilateral governmental funding programmes. However, project progress is not dependent on this funding.

Build it

Who knows where this will lead for the IoT ecosystem as a whole, but it will no doubt have an effect: Ikea has set up a dedicated smart home unit – Ikea Home Smart. The furniture firm has actually been in the IoT space since 2012, but it now wants to step up its efforts by investing a whole chunk more in its activities.

The author is freelance technology writer, Antony Savvas.

Comment on this article below or via Twitter: @IoTNow_OR @jcIoTnow

FEATURED IoT STORIES

9 IoT applications that will change everything

Posted on: September 1, 2021

Whether you are a future-minded CEO, tech-driven CEO or IT leader, you’ve come across the term IoT before. It’s often used alongside superlatives regarding how it will revolutionize the way you work, play, and live. But is it just another buzzword, or is it the as-promised technological holy grail? The truth is that Internet of

Read more

Which IoT Platform 2021? IoT Now Enterprise Buyers’ Guide

Posted on: August 30, 2021

There are several different parts in a complete IoT solution, all of which must work together to get the result needed, write IoT Now Enterprise Buyers’ Guide – Which IoT Platform 2021? authors Robin Duke-Woolley, the CEO and Bill Ingle, a senior analyst, at Beecham Research. Figure 1 shows these parts and, although not all

Read more

CAT-M1 vs NB-IoT – examining the real differences

Posted on: June 21, 2021

As industry players look to provide the next generation of IoT connectivity, two different standards have emerged under release 13 of 3GPP – CAT-M1 and NB-IoT.

Read more

IoT and home automation: What does the future hold?

Posted on: June 10, 2020

Once a dream, iot home automation is slowly but steadily becoming a part of daily lives around the world. In fact, it is believed that the global market for smart home automation will reach $40 billion by 2020.

Read more
RECENT ARTICLES

US businesses show IoT investment resilience, despite pandemic

Posted on: September 20, 2021

Despite the adversity caused by the COVID-19 pandemic, grounds for optimism remain for IoT spending in the US.

Read more

Tyk secures $35M investment to revolutionise software delivery for enterprises

Posted on: September 20, 2021

Tyk, a London-based global tech company, announced it has closed a $35M (€29.87M) growth equity funding round led by new investors Scottish Equity Partners (SEP), alongside existing investors MMC Ventures.

Read more