Press Releases

Shares fall 20% at Ericsson following profit warning and news it is cutting 3,000 jobs in Sweden

The bad news keeps piling up for Ericsson. Last week the Sweden-based giant reported that it intends to cut its 16,000 Swedish workforce by 3,000 positions in production, research & development (R&D), as well as sales and administration. Yesterday the Sweden-based company gave an interim report that sales fell 14% in Q3. (more…)

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October 14, 2016

Posted by: Avadhoot Patil

PlumChoice raises additional capital to seize new cloud and IoT market opportunities

PlumChoice, Inc., a provider of technical services to cloud and Internet of Things (IoT) service providers, IoT manufacturers, cloud solution providers and distributors, has announced new funding from current investors. (more…)

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Posted by: Avadhoot Patil

Sigma Designs opens up Z-Wave interoperability spec to make smart home experience ubiquitous

IoT is taking hold in a broad range of industries from automotive to farming to manufacturing. One of the biggest growing markets is the smart home with many areas ripe for development including controllers, lighting, thermostats, security, and sensors. (more…)

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October 12, 2016

Posted by: Avadhoot Patil

Essence offers new IFFT capabilities and Z-Wave+ connectivity to boost smart home adoption

Essence, a provider of IoT, cloud-based connected living solutions, has expanded its Smart Living platform, WeR@Home™ by adding IFTTT capabilities and Z-Wave+ certification to meet the significant increase in demand for smart home devices. (more…)

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October 11, 2016

Posted by: Avadhoot Patil

CyanConnode signs strategic partnership with Eppix eSolutions for SAP integration

CyanConnode, a provider of narrowband RF mesh networks for Omni Internet of Things communications announced that it has signed a multi-year strategic partnership with Eppix eSolutions to enable the integration of SAP Hybris software with CyanConnode’s Enterprise platform. (more…)

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October 5, 2016

Posted by: Avadhoot Patil

Hacker releases source code of Mirai DDoS Trojan after targeting the IoT this weekend

Over the weekend, a code was reportedly employed on a large number of Internet of Things (IoT) connected devices to form a botnet. The botnet was then deployed to attack websites with a distributed denial of service (DDoS) attack. (more…)

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October 3, 2016

Posted by: Avadhoot Patil

VimpelCom and Cisco Jasper partner to help enterprises implement, manage and monetise IoT services

Cisco and VimpelCom Group, a global provider of telecommunications and digital services headquartered in Amsterdam and serving over 200 million customers, announced that VimpelCom has selected Cisco Jasper to be the Smart Connectivity management platform across its network operator properties globally. (more…)

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Posted by: Avadhoot Patil

China’s ZTE joins Avanci Alliance to accelerate IoT connectivity and industry growth

ZTE Corporation, an international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, announced that the company has joined Avanci. (more…)

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Posted by: Avadhoot Patil

PwC and GE Digital form global strategic alliance to help firms harness power of the Industrial Internet

PwC and GE Digital have formed a strategic alliance to help organisations harness the power of the Industrial Internet – the integration of physical machinery with networked sensors and software – to lower costs, improve asset reliability, reduce risk and help drive profitable growth. (more…)

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September 30, 2016

Posted by: Avadhoot Patil

IoT, VR, wearables and big business innovation to be championed at Corporate Entrepreneur Awards

Innovation has been the buzzword of 2016 with the launch of hundreds of exciting new products and services from big businesses around the UK. With the rise of the Internet of Things, Artificial Intelligence, virtual reality, omnichannel retail, challenger banks and Pokemon Go, (more…)

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September 29, 2016

Posted by: Avadhoot Patil