Aspen Technology, Inc., a global provider of asset optimisation software, has signed an agreement to acquire Mnubo Inc., a Montreal-based provider of purpose-built artificial intelligence (AI) and analytics infrastructure for the Internet of Things (IoT). Mnubo enables industrial companies to assemble and deploy AI-driven IoT applications quickly, at enterprise scale.

Claroty, the global provider of industrial cybersecurity, introduced several enhancements to Continuous Threat Detection (CTD), its award-winning operational technology (OT) security solution. The latest release of CTD now enables enterprises to discover and monitor their Internet of Things (IoT) devices,

Insight Enterprises, a Fortune 500 global solution integrator for organisations of all sizes, announced the launch of Insight Connected Suite, a fully managed Internet of Things (IoT) solution that is industry-agnostic and helps clients accelerate the use of smart solutions.

How can wind turbines on wind farms be fixed remotely? Will there be variable insurance policies that adapt to our driving behaviour? How can cyberattacks affecting the safety of autonomous cars be tackled? How can the water pollution of a river be monitored? How can energy losses in gas distribution networks be detected?

IBM and AT&T announced a multi-year strategic alliance. Under the agreement AT&T Communications will use IBM’s expertise to modernise AT&T Business Solutions’ internal software applications, enabling migrations to the IBM Cloud.

Tachyum Inc. announced it has appointed Kiran Malwankar to the position of vice president of System Engineering. Malwankar, a 30-year veteran of both pre-IPO companies and industry leaders, holds 21 U.S. patents in technologies such as I/O virtualisation, PCIe, storage virtualisation, and flash/solid-state media.

The field service industry continues to evolve from a traditional, tactical business function of installation, maintenance and repair into a strategic revenue generator and competitive differentiator.

Despite risks, tariffs, global uncertainty, the prognosis of the global automated material handling equipment market is strong.

Deutsche Telekom and Software AG have announced a strategic partnership to deliver IoT services on a global scale. Deutsche Telekom and its enterprise customer unit T-Systems will expand their Cloud of Things offering, using Software AG’s Cumulocity IoT platform.

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.