Press Releases

The IoT platform market has entered a consolidation phase, reports Berg Insight

According to a new research report from the IoT analyst firm Berg Insight, the global market for IoT device management and application enablement platforms reached US$1.1 billion (€0.95 billion) in 2017. Growing at a compound annual growth rate (CAGR) of 36.2%, the total market value is expected to reach US$4.9 billion (€4.23 billion) in 2022. (more…)

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June 18, 2018

Posted by: Zenobia Hegde

Danalock V3 is the first retrofit HomeKit-compatible smart lock available in Europe

Danalock, a provider of smart lock solutions for smart homes and businesses, announced that the HomeKit version of its Danalock V3 smart lock is now available for purchase in Apple retail and online stores in more than 20 countries across Europe. (more…)

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Posted by: Zenobia Hegde

Third-party IoT CMPs had 120 million devices under management in 2017, reports Berg Insight

According to a new research report from the IoT analyst firm Berg Insight, the number of devices managed on third-party connectivity management platforms (CMPs) will grow at a CAGR of 30.3% from 120 million in 2017 to reach 440 million by 2022. This accounted for about 18% of the total installed base of cellular IoT devices in 2017. (more…)

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June 15, 2018

Posted by: Zenobia Hegde

Veteran management team launches new global communications company with investment funding led by former Iridium chairman

A new company, EVERYWHERE Communications, Inc., has been launched to provide satellite and cellular connections for the millions of people and assets that require global connectivity for safety, security and productivity. (more…)

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Posted by: Zenobia Hegde

Arduino expansion board from ROHM facilitates configuration of a sensor environment in only five minutes

With the SensorShield-EVK-003, ROHM is offering a new sensor shield expansion board equipped with eight sensor boards designed for use with existing open platform MCU boards such as Arduino and mbed. (more…)

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Posted by: Zenobia Hegde

IROOTECH signs co-operation agreements for the entry of the IIoT platform ROOTCLOUD in Europe

IROOTECH, Chinese supplier of Industrial Internet of Things (IIoT) platform, has expanded the presence of its global IIoT platform ROOTCLOUD to the European market. The company has signed co-operation agreements with international partners to shape its IIoT ecosystem in Europe. (more…)

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Posted by: Zenobia Hegde

Software AG acquires TrendMiner to expand IoT portfolio through time-series data used in AI algorithms

Software AG has acquired TrendMiner NV. founded in 2008 and based in Hasselt, Belgium. TrendMiner specialises in visual data analytics for the manufacturing and process industry and will complement Software AG’s Cumulocity Internet of Things (IoT) and Industry 4.0 product portfolio. (more…)

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Posted by: Zenobia Hegde

Veea acquires Virtuosys to advance edge computing platform, IoT-enabled devices and smart applications

Veea Inc., a global provider in smart applications, announced the acquisition of the UK-based Virtuosys Ltd., a company delivering Smart network solutions at the network edge. (more…)

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June 14, 2018

Posted by: Zenobia Hegde

Microsemi collaborates with China Telecom to deliver optimised OTN solution for 5G

Microsemi Corporation, a wholly owned subsidiary of Microchip Technology Inc, announced its collaboration with China Telecom Beijing Research Institute to define and develop next-generation optical transport solutions to meet the stringent requirements of 5G. (more…)

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Posted by: Zenobia Hegde

Hexagon announces Xalt, a radical new approach for harnessing the untapped potential of IoT data

Hexagon AB, a provider of digital solutions, announced Xalt, a new framework for accelerating digital transformation – fast-tracking a customer’s ability to fully leverage IoT data. The goal of Xalt is to create Autonomous Connected Ecosystems (ACE), (more…)

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Posted by: Zenobia Hegde