Press Releases

Sensor city welcomes raft of new tenants as industry 4.0 race hots up

Technical innovation centre, Sensor City, is working towards making Liverpool City Region the go-to location for Industry 4.0 technologies with a host of new tenants. (more…)

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July 31, 2018

Posted by: Zenobia Hegde

The Internet of Things: A software distribution minefield in the making?

In 2018, the ‘Internet of Things’ has rapidly moved from a theoretical concept to a tangible reality, with nearly 11 billion ‘things’ (not including phones and computers) now connected to the internet. (more…)

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Posted by: Zenobia Hegde

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

Scandit, an enterprise technology platform for mobile computer vision, barcode scanning, and augmented reality, has raised US$30 million (€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…)

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July 30, 2018

Posted by: Zenobia Hegde

Businesses expect industrial IoT to boost their revenues by US$154mn, Inmarsat study finds

The Industrial Internet of Things (IIoT) is set to make a sizeable contribution to the economy by 2023. This is according to a new global study launched by the mobile satellite communications company, (more…)

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Posted by: Zenobia Hegde

1NCE takes flat rate IoT connectivity home with new HomeBeat.Live partnership

1NCE, the provider of a new connectivity offering for IoT that enables IoT applications and services to access connectivity on a buy once, flat rate fee for ten years, announced a new partnership with HomeBeat.Live, a smart buildings specialist that provides a digital platform to apartment buildings. (more…)

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July 27, 2018

Posted by: Zenobia Hegde

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

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

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Posted by: Zenobia Hegde

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

Rapidly-growing data aggregation specialists, Collision Management Systems (CMS) received a £1.25 million (€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…)

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Posted by: Zenobia Hegde

IoT security – A barrier to deployment?

Security takes priority when it comes to the development and deployment of the Internet of Things (IoT), with Gartner predicting that by 2020, IoT security will make up 20% of annual security budgets. (more…)

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Posted by: Zenobia Hegde

Scilly smart home energy management installation aims for 40% cut in electricity bills by 2025

PassivSystems is to begin deploying its cloud-based energy management systems to homes on Britain’s Isles of Scilly over the summer of 2018. (more…)

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July 26, 2018

Posted by: Zenobia Hegde

Israeli embedded AI processor startup Hailo targets Japan and South Korea

Hailo, developers of a proprietary chip technology for deep learning on edge devices, is extending its efforts to work with technology and business partners in Japan and South Korea. (more…)

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Posted by: Zenobia Hegde