Goldman Sachs

The number of active fleet management systems deployed in commercial vehicle fleets in Europe was 11.5 million at the end of 2020, according to a new research report from the IoT analyst firm Berg Insight. Growing at a compound annual growth rate (CAGR) of 14.4%, this number is expected to reach 22.5 million by 2025.

(WEEK IN IoT):  So you’ve had your head around 5G communications and edge compute for years, and you see that low latency is every bit as important as connection speed and bandwidth. You’re across the Internet of Things (IoT), says Jeremy Cowan. Why wouldn’t you be? You read IoT Now daily and see applications in every industry.

ScienceLogic, a provider of AI-driven monitoring solutions for hybrid cloud management, has raised US$105 million (€86.38 million) in growth financing.

Global research and development budgets for drones is expected to hit 4 billion dollars by 2020 according to Statista. This, says freelance writer Jocelyn Brown, signals the increased application of drones, across various industrial sectors.

The adoption of LED technology has grown significantly in the last decade, driven by lower prices of lights and potential energy savings. By 2020, it is estimated that 6 out of 10 lightbulbs will be LED.

SIGFOX, a provider of dedicated communications service for the Internet of Things (IoT), and WND, the company launched to extend SIGFOX’s network across Latin America, announced they have begun deploying SIGFOX’s dedicated IoT network throughout Brazil.

Sweetch Health, which has developed a “digital vaccine” for diabetes, has raised US$3.5 million in a Series A round led by Philips, a health technology company, and OurCrowd, a equity crowdfunding platform. Participation from prior investors also included Pontifax L.P. and Lionbird L.P.