Financial

Tribe Payments, a payment technology company, reveals that 67% of fintechs believe AI is the technology that will have the biggest impact on the sector over the next five years.

Experienced executives in many sectors will tell you that today they face their toughest business challenges ever. Even leaders in successful and well-established enterprises are concerned at what the third decade of the millennium holds for them. Lean new competitors are entering the market, they enjoy lower operating expenses and are using disruptive technologies to tear up the rule

A WEEK IN IoT – 5G is starting strong, says Huawei. The company’s deputy chairman, Ken Hu, told its annual Mobile Broadband Forum (#MBBF) in Zurich, Switzerland last week that 5th Generation mobile communications “arrived faster than expected,” and that there are now 40 carriers in more than 20 countries supporting 136 different 5G-enabled devices.

Two specialists in roaming, revenue assurance, and fraud management are joining forces to strengthen their solutions and support for the telecommunications industry. Cupertino, California-based Mobileum Inc., a global provider of analytics-based roaming and risk management solutions, is to acquire WeDo Technologies.

In a cash-only deal announced today, Hansen Technologies, based in Australia, is to acquire Canada’s Sigma Systems for CAN$157 million. The deal took market watchers by surprise and in an exclusive interview with IoT Now, Tim Spencer, CEO of Sigma describes what led to the deal. 

Global provider of catalogue-driven software, Sigma Systems, announced today that it is being acquired by Hansen Technologies for an undisclosed sum. Hansen is a specialist in billing, data management and customer care solutions for the energy, water, pay-TV, and telecommunications industries.

It’s been quite a week for the tech sector. Some vendors are betting the farm to catch up or just to find a niche in the Internet of Things. Others are smirking as they see a return on earlier IoT investments. Jeremy Cowan reports from a volatile marketplace.

As Telefonica says, Blockchain is the keystone of cryptocurrencies. And cryptocurrencies are inherently linked to the Internet of Things (IoT).

Broadcom Ltd. is rumoured to be considering a bid of up to US$100 billion for Qualcomm Inc., according to a report by Bloomberg. As Jeremy Cowan writes, if it goes ahead this could be one of the biggest ever acquisitions of a chipmaker.

Milton Keynes, UK. October 2, 2017 – IMS Evolve, specialists in Internet of Things (IoT), big data and machine management solutions, has appointed Arne Weber to the position of chief financial officer (CFO). His brief is to strengthen the company’s finance department, and support its rapid international expansion and business development.

Lyceum Capital has been in the news lately. On August 16, IoT Now reported that the company was an investor in customer contact specialist Sabio, which has amassed a €35 million warchest. CEO, Andy Roberts told us exclusively what the company would spend it on. One week later, Lyceum was back in the headlines announcing

A new pilot program from Marine Transport International (MTI) is said to have shown that the logistics industry can improve its connectivity, efficiency and security with blockchain. MTI and Agility Sciences today released a whitepaper detailing the deployment of their Container Streams system in a supply chain environment.

You couldn’t accuse PTC‘s president and CEO, Jim Heppelmann of a low-key kick-off yesterday for LiveWorx17, the Massachusetts-based company’s annual gathering of customers, industry analysts and a handful of house-trained journalists.

Microsoft Corp. and the R3 Consortium announced a strategic partnership that will accelerate the use of distributed ledger technologies, also known as blockchain, among R3 member banks and global financial markets.

With IoT Now granted sole access to Digi’s normally closed customer conference, we ask the CEO and COO their strategy for growing an M2M hardware provider. In Part 2 of Jeremy Cowan’s report the new emphasis is on service and scalability.

To describe 2015 as a watershed year for Digi International is almost selling it short. A fire wiped out much of its Thai-based production capacity, the company appointed a new CEO and re-structured its management team, it sold a major business unit, acquired a new company, and re-vitalised its finances.