Honeywell
Quantinuum raises US$300m in equity funding
Honeywell has announced the closing of a US$300 million equity fundraise for Quantinuum at a pre-money valuation of US$5bn. The round is anchored by Quantinuum’s partner JPMorgan Chase, with additional participation from Mitsui, Amgen and Honeywell, which remains the company’s majority shareholder. This investment brings the total capital raised by Quantinuum since inception to approximately
Read moreQuantinuum raises $300M in equity funding
Honeywell has announced the closing of a US $300 million equity fundraise for Quantinuum at a pre-money valuation of $5 billion. The round is anchored by Quantinuum’s partner JPMorgan Chase, with additional participation from Mitsui & Co., Amgen and Honeywell, which remains the company’s majority shareholder. This investment brings the total capital raised by Quantinuum
Read moreHoneywell to acquire SCADAfence to boost cybersecurity software portfolio
Honeywell is set to acquire OT (operational technology) and IoT (Internet of Things) cybersecurity solutions provider SCADAfence, to strengthen its cybersecurity software portfolio. The deal enables SCADAfence to integrate into the Honeywell Forge Cybersecurity+ suite providing expanded asset discovery, threat detection, and compliance management capabilities.
Read moreCommercial video surveillance market grows to 1.2bn in 2030, says ABI Research
New advancements in artificial intelligence (AI) and edge computing for video analytics are energising the video surveillance market. According to global technology intelligence firm ABI Research, these advancements will drive the global installed base of video surveillance cameras to 1.2 billion in 2030.
Read moreDatabricks announces Lakehouse for Manufacturing help manufacturers utilise data, AI
Databricks, a lakehouse company has announced the Databricks Lakehouse for Manufacturing, an open, enterprise-scale lakehouse platform tailored to manufacturers that unifies data and AI and delivers performance for any analytics use case.
Read more6 Technologies for enterprises that will shape 2023
Technology has a purpose to address the issues of our world and perfect our lives as far as possible. Like every January, we are at the doorstep of another important year that promises bigger developments across the tech lanes. While 2022 witnessed many new platforms and products, 2023 will testify to their worth amidst the
Read moreHoneywell launches sustainability solution to help organisations meet carbon reduction goals
Atlanta, United States – Honeywell announced a sustainability solution for carbon emissions monitoring and optimisation which it has launched for earlier adopters and has also been deployed at its own facility. Honeywell Forge Sustainability+ for industrials | Emissions Management and Honeywell Versatilis Signal Scout wireless Industrial IoT leak detection sensors will enable organisations to monitor and visualise emissions in
Read moreBusiness aviation inflight broadband service plans enhanced by Inmarsat as part of JX Evolution programme
Inmarsat is changing the service plans for its Jet ConneX (JX) inflight broadband solution to provide customers with even greater performance, speeds and value for money.
Read moreHoneywell launches integrated aspirating smoke detection and indoor air quality monitoring system
Atlanta, 20 September 2022 – Honeywell has launched a solution that combines early warning smoke detection with advanced indoor air quality (IAQ) monitoring, furthering its efforts to create safer and healthier buildings. Built on the flagship VESDA-E line of aspirating smoke detectors, the VESDA Air solution has a unique five-in-one IAQ sensor within a single box, which can
Read moreAirzone launches in North America with critical HVAC / IoT interface
Airzone, a worldwide industry specialist in dynamic HVAC control solutions, is entering the rapidly growing North American market with an exclusive smart control solution for HVAC inverter systems.
Read moreThe lone workers using connected safety solutions in Europe and North America to reach 1.8 million in 2025
According to a new research report from the analyst firm Berg Insight, the market value for lone worker protection solutions and services in Europe and North America reached an estimated €85 million and €50 million respectively in 2020.
Read moreBarriers to enterprise IoT ownership ‘removed‘ with new device support
Major barriers to ’Internet of Things‘ (IoT) ownership and efficient device management have now been removed thanks to the latest release of the enterprise-grade IoT management solution, SOTI Connect v1.2.The enhanced solution addresses prevalent industry challenges around managing industrial and mobile printers and limited access sensors, through a single point of control.
Read moreSeeq Corp expands Saudi-led Series B funding with US$24mn to fuel advanced analytics
Seattle, USA-based Seeq Corporation, a specialist in manufacturing and Industrial Internet of Things (IIoT) advanced analytics software, has secured a US$24 million (€21.5) expansion of its Series B funding.
Read moreIoTSWC aims to take connectivity to ‘next level’, including IoT, artificial intelligence and blockchain
Digitalisation is making a relentless headway and transforming all kinds of industries and economic sectors, as a result of which many companies are assessing the most suitable technologies to invest in.
Read moreIncreasing penetration of IoT-based devices boosts popularity of location-based ambient intelligence, says TMR
According to a new market report the global location-based ambient intelligence market is projected to reach a value of approximately US$497 billion by 2027. According to Transparency Market Research, the market is projected to expand at a compound annual growth rate (CAGR) of about 21% from 2019 to 2027.
Read moreIoT healthcare sensor revenues grow globally through patient engagement and accurate data analysis
From monitoring and diagnostics to delivery methods, Internet of Things (IoT) sensors in healthcare combine sensor output and communications to provide functions that were considered conceptual, until recently.
Read more