Press Releases

David Lara joins CargoAi’s board of advisors

David Lara will be a part of CargoAi‘s next Quarterly Business Review, in early September, along with the other members of the board of advisors. There will be a work programme based on product development and its roadmap, business development and the strategy of CargoAi. (more…)

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August 30, 2021

Posted by: Anasia D'mello

Veego raises $13mn Series A funding to provide CSPs with actionable connected home insights

Veego Software, a provider of producing actionable insights for a superior connected home customer experience, announced the closing of its $13 million (€11.05 million) Series A financing round led by Magenta Venture Partners, a venture capital firm focused on early-stage Israeli startups in the artificial intelligence (AI), IoT, and enterprise software domains. (more…)

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August 26, 2021

Posted by: Anasia D'mello

Healthtech wearable glucose tracker Ultrahuman raises $17.5mn in series B funding

Ultrahuman, a metabolic fitness platform, has raised US$17.5 million (€14.87 million), as it aims to help more than a billion people in the world suffering from a metabolic health disorder. This brings the total funds raised so far to $25mn (€21.24 mn). (more…)

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August 17, 2021

Posted by: Anasia D'mello

5G smartphones to represent over 50% of smartphone sales revenue by 2025

A new study by Juniper Research has found that 5G-compatible smartphones will account for over 50% of smartphone sales revenue by 2025; rising to $337 billion (€285.80 billion) from $108 billion (€91.59 billion) in 2021. (more…)

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August 16, 2021

Posted by: Anasia D'mello

RS Components and Zerynth’s IIoT workshop gives engineers a boost to Industry 4.0

RS Components, a trading brand of Electrocomponents plc, a global omni-channel provider of product and service solutions, is offering exclusive access to a hands-on workshop entitled ‘Edge Computing and Data Collection for Industrial IoT’. The workshop is delivered by IIoT platform vendor Zerynth via RS’ DesignSpark community webpage. (more…)

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August 13, 2021

Posted by: Anasia D'mello

Global 5G connections to reach 3.2bn by 2026

A new study from Juniper Research has found that the total number of 5G connections will reach 3.2 billion by 2026; rising from 310 million in 2021. To maximise the monetisation of this significant growth in connections, it predicts that operators will accelerate investment into standalone 5G networks to best position their services to manage future capacity. (more…)

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August 10, 2021

Posted by: Anasia D'mello

Chainway C66 Helps Intelligent Transportation Management for The 2022 World Cup

(Sponsored News) Recently, a partner of Chainway reached a cooperation with the organizer of the 2022 World Cup as an official logistics equipment service provider for the 2022 World Cup. The Chainway C66 handheld computer will provide strong equipment support for logistics transportation and tracking of information during the entire event.

It is reported that the Chainway C66 is going to be used for tracking and management of transport vehicles, drivers, and items.  It can significantly improve work efficiency and reduce the error rate of manual operation. It also provides a large amount of data to the managers, which helps in entertain vehicle and material inquiries and grasp the real-time status of material transportation in real-time.  The device ensures the efficiency and safety of material transportation during the World Cup and helps the 2022 World Cup in Qatar to proceed smoothly and efficiently.

In the same period, C66 will also be deployed for the automated production management of transportation vehicle factories to improve the information management level and operational efficiency of the production line.

About Chainway C66 handheld computer

The Chainway C66 reader is a well-built handheld terminal integrated with the Impinj E710 chip. Equipped with features like high sensitivity and stability, and remarkable configurations and accessories, it is suitable for adoption across retail, supply chain and logistics, and several other industries.

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Posted by: IoT global network

Siemens Mobility acquires Sqills, a rail software provider

Siemens Mobility has signed a binding agreement to acquire the Netherlands based company Sqills, a provider in the provision of cloud-based inventory management, reservation, and ticketing software to public transport operators around the world. (more…)

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August 6, 2021

Posted by: Anasia D'mello

Industry veterans Amit Pandey and Jonathan Martin join WekaIO

WekaIO, the data platform for modern applications, announced the addition of two new Silicon Valley veterans to its rapidly expanding executive team. (more…)

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Posted by: Anasia D'mello

Hitachi Rail agrees to acquire Thales’ ground transportation systems business for €1.66bn

Hitachi, Ltd. and Hitachi Rail agreed to acquire Thales‘ Ground Transportation Systems business for an enterprise value of €1,660 million. The final purchase price will be determined after customary adjustments typical for a transaction of this nature. (more…)

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August 4, 2021

Posted by: Anasia D'mello