Press Releases

Lookout Lab releases the Bluebot smart water app and flow meter

Lookout Lab announced the general commercial release of Bluebot, a unique smart home app and flow meter that helps users finally understand how they use water, and coaches users to help them save both water and money. Bluebot is ideal for consumers, homeowners, property managers, short-term and vacation property owners, and restaurants, hotels and other small businesses. (more…)

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November 30, 2020

Posted by: Anasia D'mello

Plume acquires network and security intelligence specialist Walleye Networks

Smart Home Services provider Plume® has acquired Walleye Networks, a Canadian network and security intelligence solutions provider specialising in real-time network analytics and advanced metadata. The transaction includes all of Walleye Networks’ intellectual property, technology and Research and Development (R&D) facility, in addition to its highly experienced and specialised engineering team. (more…)

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Posted by: Anasia D'mello

Mobile money users in emerging markets to exceed 1.2 billion globally by 2025

A new study from Juniper Research has found that the total number of mobile money users in emerging markets will exceed 1.2 billion in 2025, up from 980 million in 2020; equating to just under 30% of all mobile phone users across emerging markets. (more…)

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Posted by: Anasia D'mello

Smart home devices to exceed 13bn in active use by 2025

A new report from Juniper Research has found that there will be almost 13.5 billion smart home devices in active use by 2025, compared to an expected 7.4 billion at year end 2020. Smart entertainment devices take the bulk of revenue attributable to smart home devices, as over $230 billion (€192.56 billion) in 2025. (more…)

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November 27, 2020

Posted by: Anasia D'mello

Agtech market value to soar, reaching over $22bn globally

A new study from Juniper Research has found that the total value of the Agtech market (Agricultural Technology) will reach $22.5 billion (€18.85 billion) by 2025; rising from $9 billion (€7.54 billion) in 2020. This represents an average annual growth rate of 150% over the next five years. (more…)

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Posted by: Anasia D'mello

Gyrfalcon launches AI-X — full-stack solution for edge-AI development

Gyrfalcon Technology (GTI) announced AI-X™, a new full-stack solution for AI development ideal for small and medium enterprises (SMEs). Popular applications for AI-X include edge-AI vision devices, consumer electronics, AI-camera sensors and automotive. (more…)

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November 26, 2020

Posted by: Anasia D'mello

PCS Wireless announces formation of TessaB Corp. and names Flavio Mansi its CEO

PCS Wireless LLC, a global provider in logistics and technology for the secondary market for mobile devices, announced that it has formed TessaB Corp. The new corporation will acquire valuable assets from IGWT Block LLC, a subsidiary of PCS Wireless that had been developing disruptive technology for buying and selling mobile devices, including a blockchain platform known as TessaB. (more…)

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Posted by: Anasia D'mello

Autostrade Tech, IBM and Fincantieri NexTech deploy a new AI and IoT-based system

A new phase in the field of road network security and infrastructure monitoring is starting. ASPI Tech, IBM and Fincantieri NexTech announce that the new digital system for civil infrastructure monitoring, based on IBM Maximo, is now in operation. (more…)

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Posted by: Anasia D'mello

Optimus Ride appoints former verizon executive Sean Harrington as new CEO

Optimus Ride, a developer of autonomous vehicle technology systems, announced Sean Harrington has been appointed as its new CEO and member of its board of directors, effective November 30. Harrington replaces co-founder Ryan Chin, who will remain at the company with responsibility over policy and sustainability initiatives. (more…)

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November 25, 2020

Posted by: Anasia D'mello

Caspar.AI partners with Alexa to increase comfort and safety at retirement communities

Caspar.AI has partnered with Amazon Alexa to bring enhanced comfort and safety to several retirement communities on the West Coast. (more…)

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Posted by: Anasia D'mello