Press Releases

Increasing urbanisation, globalisation and ease of communication are driving use of IoT connected machines, says TMR study

According to a new market report pertaining to the global IoT connected machines market published, the global IoT connected machines market is projected to reach a value of approximately US$1.3 trillion (€1.1 trillion) by 2027, expanding at a CAGR of approximately 24% from 2019 to 2027. (more…)

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September 10, 2019

Posted by: Anasia D'mello

Industrial edge computing provider Litmus Automation wins US$7mn Series A financing from Mitsubishi

Litmus Automation, an Industrial Edge Computing platform provider, has completed a US$7 million (€6.3 million) Series A round of financing led by Mitsubishi Corporation (more…)

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September 5, 2019

Posted by: Anasia D'mello

Rise in security breaches drives the need for awareness amongst non-technical employees, says Frost & Sullivan

Social engineering attacks are on the rise and an increasing number of companies across Europe are investing in security awareness training (SAT) for their employees to insulate themselves from such attacks and safeguard their interests. Frost & Sullivan predicts that revenues in the SAT market in Europe will reach $564.8 million (€510.3 million) by 2023, exhibiting a CAGR of 26.1%. (more…)

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Posted by: Anasia D'mello

Articulated robot demand to surge with increasing applications in electronics industry, finds FMI study

According to a new report, the global industrial robotics market is projected to indicate substantial growth over the forecast period due to multiple driving factors such as adoption of Internet of Things (IoT) in industries and growing digitalisation of manufacturing industry across geographies. (more…)

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Posted by: Anasia D'mello

Sigfox partners with Alps Alpine to boost innovation in IoT market

IoT service provider and first global 0G network operator, Sigfox and Alps Alpine, a manufacturer of electronic products, have signed a Global Alliance Partnership Agreement. The agreement is the first of its kind for Sigfox, allowing it to work closely with Alps Alpine to drive forward technical innovation and expand their combined reach. (more…)

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August 30, 2019

Posted by: Anasia D'mello

Essence and Flex complete automated production lines in Israel to boost flexibility and volume while preserving quality

Essence Group, a global provider of IoT and cyber security platforms, has completed its new automated production line with long-term partner, Flex Ltd, the global manufacturer. The collaboration combines their expertise in production, Internet of Things (IoT) and artificial intelligence (AI) to create an advanced automated manufacturing line. (more…)

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August 23, 2019

Posted by: Anasia D'mello

Connected home security market buoyed by growing use of smart homes solutions and IoT devices

According to a study, the global connected home security market was valued at approximately US$ 300 million (€271 million) in 2014, and is expected to surpass US$400 million (€361 million) by the end of 2019. (more…)

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Posted by: Anasia D'mello

Global medical wearables market to hit US$19.7bn value by 2024, says new IDTechEx research

New research entitled, Remote Patient Monitoring 2019-2029, from IDTechEx, providers of market intelligence in emerging technologies, forecasts that the medical wearables market will be worth nearly $20 billion (€18 billion) by 2024. This exponential growth will be driven by demand for continuous health monitoring and point-of-care diagnostics for the management of chronic diseases. (more…)

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Posted by: Anasia D'mello

Virtual and augmented reality headset shipments ready to soar, says CCS report

The market for virtual reality (VR) and augmented reality (AR) devices is on the brink of taking off, according to a new forecast by global technology analyst firm CCS Insight. (more…)

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August 16, 2019

Posted by: Anasia D'mello

California-based Mobileum to acquire roaming, fraud and revenue management firm WeDo Technologies

Two specialists in roaming, revenue assurance, and fraud management are joining forces to strengthen their solutions and support for the telecommunications industry. Cupertino, California-based Mobileum Inc., a global provider of analytics-based roaming and risk management solutions, is to acquire WeDo Technologies. (more…)

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Posted by: Anasia D'mello