Cambridge-based Iotic has secured investment of €7.5 million (UK£6.5 million) to accelerate growth and meet increasing demand for its pioneering digital twin technology.
New data from Juniper Research shows that blockchain will enable $31 billion (€27.9 billion) in food fraud savings globally by 2024 by immutably tracking food across the supply chain. Substantial savings in food fraud will be realised from 2021 and compliance costs will be reduced by 30% by 2024.
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.
It’s been a busy few weeks for the IoT ecosystem. Here, freelance technology writer Antony Savvas looks at developments and also considers some of the problems.
It has now been confirmed that Ted Schönbeck, head of Cloud Technology at Google Cloud, will inaugurate ECS 2019 which takes place November 5-6 at Kistamässan in Stockholm. He will also hold the keynote presentation ”AI – from hype to reality”.
Recognising individuals who have significantly contributed to the development and standardisation of the Internet of Things (IoT) ecosystem, oneM2M has announced that it has awarded three of its members with Technical Excellence Awards.
How can wind turbines on wind farms be fixed remotely? Will there be variable insurance policies that adapt to our driving behaviour? How can cyberattacks affecting the safety of autonomous cars be tackled? How can the water pollution of a river be monitored? How can energy losses in gas distribution networks be detected?
IBM and AT&T announced a multi-year strategic alliance. Under the agreement AT&T Communications will use IBM’s expertise to modernise AT&T Business Solutions’ internal software applications, enabling migrations to the IBM Cloud.
Syniverse and IBM have joined forces with the goal of advancing mobile roaming solutions with a pilot program that uses open-source blockchain technology. The solution is designed to instantly validate new wholesale billing and charging processes for clearing and settlement services.
There’s no denying that the Internet of Things (IoT) market has grown drastically over the past couple of years, and it is still continuing to gain momentum. IDC has predicted that IoT spending will reach US$745 billion (€664 billion) in 2019 – a 15% increase over last year’s $646 billion (€576 billion) – and will surpass the $1 trillion (€0.89 trillion) mark in 2022.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.