ScanSource Inc., a global provider of technology products and solutions, announced a definitive agreement to acquire Intelisys Communications, Inc., the technology services distributor of business telecommunications and cloud services.
EDITORIAL: On Wednesday Cisco wrapped up a “great year” in the words of its CEO by preparing to lay off one in every 14 of its workforce (or 5,500 people worldwide). The IT giant is at last turning its guns on the Internet of Things.
Companies don’t make “things”: that is not how most companies view their manufacturing activities. They make products, which is why I prefer the term “Internet of Smart Connected Products”, even though it is a bit of a mouthful.
Cisco (NASDAQ: CSCO) (#NeverBetter) has announced 5,500 job losses worldwide, representing 7% of its entire workforce, despite its CEO, Chuck Robbins reporting a “great year”. Fourth quarter revenues rose 2% to US$12.6 billion. Jeremy Cowan reports.
According to the McKinsey Global Institute, the Internet of Things (IoT) will have a potential economic impact of $3.9 (£2.8) to $11.1 (£7.7) trillion in 2025, which will amount to approximately 11% of the world economy.
Infotecs, an international cyber security and threat intelligence platform provider, is combining Infotecs’s ViPNet technology with the credit card-sized Raspberry Pi mini PC.
To expand its M2M Partner Programme, Zest4 has invested in a well-known industry figure to lead its machine-to-machine (M2M) and Internet of Things (IoT) business.
CEVA Inc., a licensor of signal processing IP for smarter, connected devices, reported that Novatek Microelectronics, has licensed and deployed the CEVA-XM4 intelligent vision DSP for its next-generation vision-enabled System-on-Chips (SoCs).
The number of active fleet management systems deployed in commercial vehicle fleets in Australia and New Zealand was 0.5 million in Q4-2015 according to a new research report from the M2M/IoT analyst firm Berg Insight.
According to the new Worldwide Semiannual Augmented and Virtual Reality Spending Guide from the International Data Corporation (IDC), worldwide revenues for the augmented reality and virtual reality (AR/VR) market will grow from $5.2 billion in 2016 to more than $162 billion in 2020.
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