gridComm

There are currently about 282 million street lights in the world, and this number is expected to reach 338.9 million by 2025. Street lights account for approximately 40% of any given city’s electricity budget – which can amount to tens of millions of dollars for larger cities.

gridComm, a provider of smart street light solutions and IoT sensor networks, and civic-minded investment firm Somerset Group have partnered to install smart street lighting sensory networks across the Kingdom of Swaziland.

Singapore-based tech incubator Get2Volume’s ‘Innovation Suite’ showcased innovative Singapore start-up companies at the 2016 International CES. Get2Volume brought seven of its innovative tech start-ups to Las Vegas to display their technologies and achievements, explore business opportunities and debut the latest and greatest in tech.

According to Gartner, IoT revenue from products and services will exceed $300 billion in 2020. IDC forecasts that the worldwide market for IoT solutions will grow to $7.1 trillion by 2020. Every major player from the software industry is investing in IoT. Platform companies such as Amazon, Google, IBM, and Microsoft are building platforms to

gridComm, a provider of power line communication (PLC) solutions that enable the transformation of traditional power grid into a smart grid, today announced that it has signed a partnership agreement with a leading LED manufacturer in Indonesia, PT Siklon Energy Nusantara, to jointly provide a cloud-based Street Light Management Solution to the Indonesian market.