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June 18, 2018

The IoT platform market has entered a consolidation phase, reports Berg Insight

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.

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June 18, 2018

IoT Forum CE 2018 Report: Telcos admit IoT is failing to meet expectations so far, as they are urged to understand customers’ business

Three leading European telcos admit at the 6th IoT Forum CE, that many customers are still not aware of the benefits of the Internet of Things (IoT). As one enterprise tells the C-Level panel, “You must show customers you understand their business, not just your own.”

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June 18, 2018

The end of ownership: IoT’s role in future subscriptions

The idea of ownership is outdated, says Jamie Bennett, VP of Engineering, IoT and Devices at Canonical.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 [...]

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June 15, 2018

Third-party IoT CMPs had 120 million devices under management in 2017, reports Berg Insight

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.

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June 15, 2018

Indoor location: It takes an ecosystem

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.

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June 15, 2018

Veteran management team launches new global communications company with investment funding led by former Iridium chairman

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.

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June 15, 2018

IROOTECH signs co-operation agreements for the entry of the IIoT platform ROOTCLOUD in Europe

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.

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June 15, 2018

78% of Brits willing to use augmented reality through smartphones for assistance with basic tasks

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.

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June 15, 2018

Software AG acquires TrendMiner to expand IoT portfolio through time-series data used in AI algorithms

Software AG has acquired TrendMiner NV. founded in 2008 and based in Hasselt, Belgium. TrendMiner specialises in visual data analytics for the manufacturing and process industry and will complement Software AG’s Cumulocity Internet of Things (IoT) and Industry 4.0 product portfolio.

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June 14, 2018

Veea acquires Virtuosys to advance edge computing platform, IoT-enabled devices and smart applications

Veea Inc., a global provider in smart applications, announced the acquisition of the UK-based Virtuosys Ltd., a company delivering Smart network solutions at the network edge.

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