The world of Internet of Things is fast and ever changing. One minute you hear about something, another you actually see some new concept taking a physical form. Everyone is entitled to their opinion but do you wanna know what the experts think on IoT? or How the tech giants are tackling and progressing with IoT.
Following is a collection of recent news for the month of JULY. Read on and see which IoT news intrigued you the most.
1: Businesses expect Industrial IoT (IIOT) to boost their revenues by $154 million
In a study conductedd by Inmarsat, it was evident that organizations, across the global supply chain, expect IIoT to be increasing their annual revenues by 10% within 5 years.
Pau Gudonis, currently CEO of Myomo, said that IIoT is emerging as a major force in the modern enterprise. He feels that businesses are very clearly prioritising satellite over other conventional technology, to transform their operations and achieve competitive advantage. Industrial IoT is expected to help businesses in automating their processes, reduce operational waste and speed up rate of production, leading to higher revenues and lower costs. inmarsat.com
2: Is Your Smart TVs Just Tracking Your Shows Or Something Else As Well?
There is a huge difference in perspective of what consumers think about connected devices and how marketers, advertisers, data brokers etc think and how they use these to their purpose. You might be paying for services you are unaware of. Read more to find out exactly what. nytimes.com
3: Oden Technologies Recieves $10 Million To Bring Data Analytics To Manufacturing
Oden Technologies, the Industrial IoT startup that provides manufacturing data analytics, has garnered an amount of $10 million in a Series A funding round.
A London founded setup, now based in New York, Oden Technologies pitches itself as an Industry 4.0 company building their own IIoT (Industrial Internet Of Things) hardware and “big data architecture”. They intend to offer a platform for manufacturers, large or small, to analyse and optimise factory production via the cloud. techcrunch.com
4: Europe’s First Live C-V2X Direct Communication Interoperability Demonstration Between Vehicles and Infrastructure – Hosted by Convex Consortium
Ducati and Qualcomm, two industry giants, showed off a vehicle-to-vehicle communication test. A Ducati motorcycle was used to communicate with Audi cars on a test track. Qualcomm used their chips for the communication part, that was to analyze and help prevent crashes between vehicels in different situations.
Other than AUDI and Ducati, Ericsson, Swarco and the Technical University of Kaiserslautern were also part of this demonstration of the idea, that cars and motorbikes could talk and be aware of each other in several daily life situations. qualcomm.com
5: Advantech partneres set on launching smart medical solutions
Taiwanese company Advantech is putting a lot of effort into IoT technologies, specifically in providing smart health care and industrial IoT. Advantech, a company which makes industrial process controls, is working in both areas to build a comprehensive set of software and hardware packages that customers can buy to build connected medical devices and factories, respectively. digitimes.com
6: Soracom simplifies secure provisioning of IOT devices in the field
Soracom, Inc., which provides a leading cloud-native connectivity-as-a-service platform for IoT (Internet of Things), announced the release of its Krypton service. This service aims to simplify and lower down the cost to securely provision connected devices in the field. iotbusinessnews.com
7: Nokia and partner GE, collaborating to unleash smart city technology
Collaboration with GE extends Nokia’s portfolio of network connectivity solutions and cloud-based IoT offerings by adding Current’s intelligent sensors and software ecosystem to their list of services.
This agreement opens up access for Canadian cities to take advantage of new and innovative digital technology. Resulting in an improved ability to deal with challenges like parking, traffic management, public safety enhancements and weather and air quality monitoring. businesswire.com
8: Armis raises $30 million Series B as enterprise IoT security heats up
The IoT security startup, Armis, announces a $30 million Series B funding.
The company has was successful in attracting a strong group of venture capitalists. The round was led by Bain Capital Ventures and Red Dot Capital. Sequoia Capital and Tenaya Capital who participated as investors in earlier rounds, participated in this round as well. The totla event investment, to this date, briought a total of $47 million. techcrunch.com
9: Diamler and Bosch partnering up to accomplish self driving cars
Last year, German automaker Daimler and electronics company Bosch announced they would join forces to develop a fully automated, driverless car system. In a show of progress today, the two companies announced that they’ve chosen Nvidia’s Drive Pegasus as their artificial intelligence (AI) computing platform of choice, and that they’ll begin testing self-driving cars in California in the second half of 2019. venturebeat.com
10: GE and Microsoft expanded into a partnership to boost adoption of industrial IOT
This is their largest partnership yet, which is aimed to help industrial companies capture greater intelligence from IoT and asset data. They hope to achieve that by bringing operational and informational technology together. This might also boost innovation within GE. news.microsoft.com
11: UK set on testing unmanned, autonomous vehicles with troops on the front line
Drones and other unmanned systems are to be tested on Salisbury Plain by the British military, to tackle the costly and often dangerous task of delivering essential supplies to frontline troops. One of the reasons behind using IOT technology in such a way is, it might save more lives and cut costs. ft.com
12: Samsung’s SmartThings Hub open to alarming IOT security risks
Researchers found 20 flaws in Samsung’s SmartThings Hub controller – opening up supported third-party smart home devices to attack.
Cisco’s cybersecurity arm Cisco Talos has discovered a number of vulnerabilities in the firmware of Samsung’s SmartThings Hub.
The device is designed to be controlled using a smartphone app, giving the owner oversight of all connected devices in the home, meaning that any security flaw could have serious consequences. threatpost.com
13: Google steps into the cloud platform with Cloud IOT & EDGE TPUs
Google announced two new tools, Edge TPU , which is a new IoT-focused chip for the edge environment, and Cloud IoT Edge, which is a software stack that extends Google Cloud’s AI capability to gateways and connected devices. forbes.com
14: Facebook launching a new internet satellite Athena
According to Facebook, They believe that satellite technology will be an important enabler of the next generation of broadband infrastructure. The launch of a satellite makes sense, as connecting billions of people across the world, especially those without a quality internet connection, has been Facebook’s focus from the start. wired.com
15: A Million Pound Grant for the Internet of Food things Project
A new project on the rise, that examines how the Internet of Things (IoT) can transform the food industry through innovations such as ‘smart’ cooking appliances, data-driven supermarket refrigeration networks and enhanced food traceability systems.
A University of Lincoln-led project aiming to connect food and the digital world in an exciting new and innovative way. theinternetofthings.eu