According to a new research report from the IoT analyst firm Berg Insight, the global market for IoT device management and application enablement platforms reached US$1.1 billion (€0.95 billion) in 2017. Growing at a compound annual growth rate (CAGR) of 36.2%, the total market value is expected to reach US$4.9 billion (€4.23 billion) in 2022.
The idea of ownership is outdated, says Jamie Bennett, VP of Engineering, IoT and Devices at Canonical. Within physical and digital spaces alike, businesses are turning to subscription-based offerings to better suit the demands of their customers – software is sold in installments; renting is the de facto scenario for a young, aspirational generation; and servitisation is [...]
According to a new research report from the IoT analyst firm Berg Insight, the number of devices managed on third-party connectivity management platforms (CMPs) will grow at a CAGR of 30.3% from 120 million in 2017 to reach 440 million by 2022. This accounted for about 18% of the total installed base of cellular IoT devices in 2017.
As the Internet of Things (IoT) grows, so too does the number of applications that demand precision location capabilities. And as the success of precision location grows outdoors, the market clearly expects that same sort of success for indoor localisation. But despite many indoor localisation trials taking place, few seem to end with full-sized commercial deployments.
A new company, EVERYWHERE Communications, Inc., has been launched to provide satellite and cellular connections for the millions of people and assets that require global connectivity for safety, security and productivity.
IROOTECH, Chinese supplier of Industrial Internet of Things (IIoT) platform, has expanded the presence of its global IIoT platform ROOTCLOUD to the European market. The company has signed co-operation agreements with international partners to shape its IIoT ecosystem in Europe.
Despite being in its infancy, augmented reality (AR) technology has enormous potential. AR is already enabling individuals to seamlessly project virtual images/objects through their smart devices onto the physical world. With such capabilities, AR is set to redefine the ways in which consumers intend to interact with brands.
Silicon Labs has released new software options for its Wireless Gecko portfolio, enabling simultaneous sub-GHz and 2.4 GHz Bluetooth® Low Energy (LE) connectivity on a single chip. This Silicon Labs solution enables commercial and industrial IoT applications to combine long-range sub-GHz communications with Bluetooth connectivity,
IoT (the Internet of Things) is the prime driver of digital transformation for the enterprise, and IDC predicts that IoT market spend will reach $1.4 trillion (€1.19 trillion) by 2021. That’s a big number – but it’s in contrast to the statistic that shows as many as a quarter of all companies quit transformation projects before completion.
Hexagon AB, a provider of digital solutions, announced Xalt, a new framework for accelerating digital transformation – fast-tracking a customer’s ability to fully leverage IoT data. The goal of Xalt is to create Autonomous Connected Ecosystems (ACE),