IoTNews

Baidu and Huaneng collaborate to create an intelligent energy future

Baidu and China Huaneng Group Co., Ltd. recently signed a memorandum of understanding (MoU) aimed at driving the intelligent transformation of the energy industry. (more…)

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March 1, 2021

Posted by: Anasia D'mello

Insurtech platform premiums to exceed $556 billion globally in 2025

A new study by Juniper Research has found that the total value of premiums generated by insurtech platforms – platforms with technology supporting insurance at the heart of their design will exceed $556 billion (€461.23 billion) in 2025, from $250 billion (€207.39 billion)in 2020; growing by 123%. (more…)

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Posted by: Anasia D'mello

Cash-in-transit process management of a cash escort company with Chainway C75 devices

(Sponsored News) – The user is a cash escort company in Macedonia. To strengthen the intelligent management of cash transportation, optimize the transportation process, and ensure the efficiency and safety of escort, the company decided to use Chainway C75 smart printing handheld computers to manage the cash in transit process.

In the traditional cash-in-transit (CIT) process management, company management manually records, register and manage the crucial information of the cash box transportation process, which is inefficient, low-risk control and highly dependent on people. And the communication between banks and escort companies is more traditional, with low communication efficiency and poor linkage.

To solve the above problems, CHAINWAY company provides Chainway C75 smart handheld computers for Macedonian escorts. They use the Chainway C75 PDAs to fully automate and manage the CIT process, such as schedule tasks, scan shipments and organize teams, etc. They can also print the slips as proof of shipments receiving or dispatch by the CIT teams to make the escort company business processes safer, smarter, and more accurate.

The new system significantly improves the speed, efficiency, accuracy, integration of bank treasury handover information, the convenience of treasury management, and effectively reduces delays and data errors. And strengthen the real-time information exchange between the escort company and the bank, which is conducive to the real-time control of the entire business process by both parties and minimizes risks. Besides, the application of information technology has reduced the dependence of company management on people. It helps the company in managing and reducing human management costs.

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February 26, 2021

Posted by: IoT global network

Companies could save 28% IoT connectivity costs with ‘Hyperscale’ solution

Transforma Insights published a White Paper, written in collaboration with network operator Telia, which finds that companies could save US$117 billion (€96.57 billion)by using a ‘Hyperscale IoT Connectivity’ solution. This equates to 28% of IoT connectivity costs. (more…)

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Posted by: Anasia D'mello

Code First Girls partner to close gender skills gap in technology

Code First Girls, a UK social enterprise working to close the gender gap in technology, has announced new strategic partnerships with 14 global and UK corporations. These include Rolls-Royce’s R² Data LabsBTDell TechnologiesAviva, and DAZN. (more…)

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February 25, 2021

Posted by: Anasia D'mello

TELUS invests $26.3mn in new partner Eseye

TELUS’ strategic investment arm, TELUS Ventures, is investing $26.3 million CAD (€17.35 million) in Eseye, a provider of Internet of Things (IoT) connectivity solutions. (more…)

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Posted by: Anasia D'mello

Arthur and Algorithmia team up to offer End-to-End AI lifecycle management

Arthur, the machine learning monitoring company, and Algorithmia, the industry provider in MLOps and model management, announce a partnership to bring Arthur’s monitoring capabilities to organisations that have deployed their ML models on the Algorithmia platform. (more…)

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Posted by: Anasia D'mello

Rokk3r acquires AdMobilize and MATRIX Labs to grow AI/IoT holdings

Rokk3r announced that it has acquired AdMobilize and MATRIX Labs, two artificial intelligence (AI) companies, which have raised over $13M (€10.68M) in funding and include an intellectual property (IP) portfolio independently valued at almost $100M (€82.16M). (more…)

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Posted by: Anasia D'mello

Airtel and Qualcomm to collaborate for 5G in India

Bharti Airtel, India’s communications solutions provider, and Qualcomm Technologies, Inc. announced their collaboration for accelerating 5G in India. Recently, Airtel became India’s first telco to demonstrate 5G over a LIVE commercial network in the city of Hyderabad. (more…)

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Posted by: Anasia D'mello

Deutsche Telekom and Ericsson partner on renewable energy for mobile sites

In a German village about 100 miles north of Munich, Deutsche Telekom and Ericsson are pioneering the use of solar energy for mobile broadband sites. The use of renewable energy is increasing in sectors across Germany, but solar modules have not yet been used to power commercial mobile broadband sites. (more…)

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February 24, 2021

Posted by: Anasia D'mello