Connected logistics market to hit $47.6bn valuation by 2029 backed by MaaS for fleet management

The global connected logistics market stands at a valuation of US$22.2 billion (€21.61 billion) in 2022 and is projected to reach $47.6 billion (€46.34 billion) by the end of 2029. Demand for connected logistics is estimated to increase at a compound annual growth rate (CAGR) of 11.5% over the forecast period (2022-2029).

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Despite post-pandemic slump worldwide wearable shipments to reach 344mn by the end of 2022, says ABI

London, United Kinggdom. 11 August, 2022 – Demand for wearables and accessories slowed during 2021 due to economic and geopolitical factors impacting consumer’s priorities. Yet, despite this decline, global technology intelligence firm ABI Research expects continuous growth from now until 2027.

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Garmin Enduro 2 ultraperformance smartwatch adds mapping, touchscreen and its longest-ever battery life

Olathe, United States. 09 August, 2022 – Garmin International, Inc., a unit of Garmin Ltd., announced the Enduro-2 ultraperformance multisport GPS smartwatch. Purpose built for endurance athletes, the rugged yet lightweight Enduro 2 includes built-in TopoActive maps with multicontinent coverage, a superbright LED flashlight and Garmin’s exclusive SatIQ technology to help optimise battery performance. What’s more, enhanced

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Newly upgraded FineShare FineCam! A smart virtual camera makes video production easier

Los Angeles, United States. 08 August, 2022 – FineShare Co., Ltd. announced the latest version of FineShare FineCam – an AI-powered virtual camera software. To meet the expectations of customers, FineShare FineCam now is available for Mac and rolls out some brand new features including advanced adjustment, webcam overlay, branding templates, low light video booster, auto framing, etc.

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Smart metering: Load balancing leads to annual savings of almost £5,000 for a large UK bakery

Energy management is becoming an increasingly important component of business strategy for today’s FMCG companies, aimed largely at reducing energy costs, improving sustainability, and achieving ESG goals. According to the 2020 Deloitte Resources Study, half of industrial companies report incorporating energy management at the corporate strategy level, says Matthew Margetts, director of sales and marketing

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How will automotive IoT solutions modernise vehicles?

Internet of Things solutions is developing and becoming more advanced day by day while ensuring greater experience. We all know IoT has become part of almost every sector and has made an imprinting remark in the automotive industry, says Ritesh Sutaria of Prompt.

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Sensible 4 releases autonomous driving platform DAWN and welcome metaplanet as an investor

Finland. 9 August 2022 – Sensible 4 releases their autonomous driving software platform product DAWN. The technology, enabling autonomous driving in all weather, without the need for lane markings, is underpinned by decades of experience and expertise in the field of outdoor robotics. The company, headquartered in Finland, has also increased its A-round funding. To

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GlobalFoundries and Qualcomm announce extension of long-term agreement to secure U.S. supply through 2028

Washington, United States. 08 August, 2022 – Following the recent passage of the U.S. Chips and Science Act last week, GlobalFoundries, a global provider in feature-rich semiconductor manufacturing and Qualcomm Technologies, Inc. announced they are more than doubling their existing strategic global long-term semiconductor manufacturing agreement previously entered into by GF’s and Qualcomm’s respective subsidiaries. The announcement secures wafer supply

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DANA bolsters financial inclusion in Indonesia with HERE Technologies

Jakarta, Indonesia. 04 August, 2022 – HERE Technologies, the location data and technology platform, announced that DANA, one of Indonesia’s digital wallet services, is utilising HERE location services to bolster inclusive financial services in the country.

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Putting fleets in the fast lane: AT&T Fleet Complete launches FC Hub, a suite of next-gen fleet management tools

Dallas, United States. 05 August, 2022 – Fleet Complete is introducing AT&T Fleet Complete FC insights solution suite, a big data IoT platform with web and mobile apps for fleets to monitor and manage all aspects of their mobile operations.

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Momentum IoT Invents ‘Fitbit for Tools’

Long Beach, United States. 05 August, 2022 – Momentum IoT launched the Toolie, a tool tracking technology that tracks both equipment and worker productivity. Unlike other tracking products, the Toolie enables managers to visualise employee activity, remotely, and does not depend on pairing phones to beacons in the field.

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Trainerize partners with Garmin to bring deeper insights to personal coaches

Vancouver, Canada. 03 August, 2022 – Trainerize, the fitness business software making wellness accessible by empowering businesses to better engage with their members, announces its latest integration with Garmin, a global provider of smartwatches, fitness trackers and digital health solutions.

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Amazon and iRobot sign an agreement for Amazon to acquire iRobot for $61 per share

Seattle and Bedford, Mass., 5 August 2022 – Amazon and iRobot announced that they have entered into a definitive merger agreement under which Amazon will acquire iRobot. iRobot has a history of making customers’ lives easier with innovative cleaning products for the home. iRobot has continued to innovate with every product generation, solving hard problems to help

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Siemens closes Brightly acquisition, elevating software offering for building operations

Siemens Smart Infrastructure (SI) has completed the acquisition of Brightly Software, a U.S.-based software-as-a-service (SaaS) provider of asset and maintenance management solutions. The acquisition elevates SI to a position in the software market for buildings and built infrastructure. It adds Brightly’s well-established cloud-based capabilities across key sectors – education, public infrastructure, healthcare, and manufacturing –

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Visteon technology enriches the quality of automotive display graphics

Van Buren Charter Township, United States. 03 August, 2022 – Visteon Corporation, a global technology company serving the mobility industry, has developed an integrated system that dynamically improves the vehicle display contrast ratio. The company’s solution uses proprietary advanced algorithms to control the full array local dimming display. A matrixed array of LEDs behind the

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SPYR new GeoTraq division eases logistics and generates ROI with mobile IoT asset management

The Woodlands, United States. 04 August, 2022 – SPYR, Inc., a diversified technology company developing products leveraging the Internet of Things (IoT) for consumer use and large-scale applications and industries, is pleased to announce its wholly owned subsidiary GeoTraq has now completed a full suite of mobile IoT asset management tools that it believes can

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