Press Releases

Scandit raises US$30mn to bring IoT to everyday objects via computer vision and augmented reality

Augmented/Virtual/Mixed Reality, Companies, Deep Learning / Machine Learning, Devices and Modules, Digital transformation, Internet of Things/Cloud Services, IoT News, Press Releases, Smart Utilities, Transport & Telematics by: Zenobia Hegde

Scandit,¬†an¬†enterprise technology platform for mobile computer vision, barcode scanning, and augmented reality, has raised¬†US$30 million (‚ā¨25.71 million) in Series B funding. The funding round was¬†led by¬†GV, with participation from¬†NGP Capital¬†and existing investor¬†Atomico, among others. (more…)

Qualcomm pays $2bn as it kills plans to buy NXP but board authorises $30bn stock repurchase, insists strategy unchanged

Companies, Internet of Things/Cloud Services, IoT News, Mergers & Acquisitions, Press Releases, Transport & Telematics by: Zenobia Hegde

Qualcomm Inc.¬†terminated¬†its planned¬†acquisition of¬†NXP Semiconductors N.V.¬†by¬†Qualcomm River Holdings B.V., an indirect wholly owned subsidiary.¬† (more…)

BGF invests £1.25mn in Collision Management Systems to develop global IoT commercial opportunities

Business & Markets, Companies, Data Analytics & Business Intelligence, Internet of Things/Cloud Services, IoT News, Press Releases, Telematics, Transport & Telematics by: Zenobia Hegde

Rapidly-growing data aggregation specialists,¬†Collision Management Systems¬†(CMS) received a ¬£1.25 million (‚ā¨1.41 million) investment from¬†BGF, following the launch of its telematics data aggregation,¬†risk management and crash detection software for Telematics and Insurance businesses. (more…)

IoT Solutions World Congress 2018 will host workshops to focus on IoT and AI technologies

Artificial Intelligence, Companies, Digital transformation, Internet of Things/Cloud Services, IoT News, Platforms & Applications, Press Releases, Transport & Telematics by: Zenobia Hegde

The IoT Solutions World Congress (IoTSWC) will conduct three workshops to elaborate on aspects of the Internet of Things (IoT) and Artificial Intelligence (AI). (more…)

Eurotech joins ITxPT, the association of Information Technology for Public Transport

Internet of Things/Cloud Services, IoT News, Platforms & Applications, Press Releases, Transport & Telematics by: Zenobia Hegde

Eurotech, a long-time provider of industrial embedded hardware such as gateways, servers, control systems and boards, as well as high-performance computing systems and software solutions, one of the pioneers in Internet of Things (IoT) enablement, is pleased to join the association of Information Technology for Public Transport, ITxPT. (more…)

A global vendor of Connected Car services, Bright Box, expands its US presence with Zurich Insurance North America

Automotive, Business & Markets, Companies, Connected Devices, Connectivity, IoT News, Platforms & Applications, Press Releases, Security, Transport & Telematics by: Zenobia Hegde

The opening of the new office signifies the importance of dealerships‚Äô growing interest in the new innovations¬†Bright Box¬†is delivering as part of¬†Zurich Insurance Group. The Schaumburg Bright Box team plan to provide unique, integrated connectivity platforms for dealerships and to offer full support for its US customers and partners. (more…)

Nearly half of UK workforce would feel comfortable using wearable devices at work

Companies, Devices and Modules, Internet of Things/Cloud Services, IoT News, Press Releases, Security, Smart Utilities, Transport & Telematics, Wearable Technology by: Zenobia Hegde

With the¬†international market for wearables¬†having reached a new high in 2017 with 16.9% growth year on year,¬†Instant Offices¬†delves into what impact this trend will have on the workplace as we know it. (more…)

Cool IoT Use Cases: Smart buildings employ patented power line communications technology

Connectivity, IoT Cool Cases, Sensors, Smart Utilities, Transport & Telematics, Wireless by: Zenobia Hegde

Market overview

Trans icons ind.qxp_Layout 1Smart buildings save money, save energy and enable streamlined operations.¬†And¬†they improve¬†the efficiency and¬†quality of life of the building‚Äôs occupants. (more…)

How AI will affect the way we drive

Artificial Intelligence, Blogs, Companies, Connected Devices, Devices and Modules, Transport & Telematics by: Zenobia Hegde

Artificial intelligence (AI) is still in its initial stages but it‚Äôs already having a huge effect on our daily lives and will greatly influence the driving experience, writes Andrew Till, vice president of Technology, Partnerships & New Solutions, Connected Services Division,¬†HARMAN International. (more…)

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