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Chinese IIoT platform provider launches into European market

IROOTECH, the Industrial Internet of Things (IIoT) platform provider in China, has announced plans to enter the European market with the global IIoT platform ROOTCLOUD. IROOTECH, a spin-off of Sany Group which is one of the leading construction machinery companies in the world, was founded in 2016. (more…)

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April 18, 2018

Posted by: Zenobia Hegde

thyssenkrupp and Microsoft turbo-boost digitalisation of global elevator industry

thyssenkrupp Elevator expects to have about 28,000 additional elevators connected to its cloud-based predictive maintenance solution MAX in Brazil, as the region joins the global MAX network. The network now covers markets that account for approximately 30% of all elevators worldwide. (more…)

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April 12, 2018

Posted by: Zenobia Hegde

First globally compatible smart lock enables service providers to offer a single smart access and home security solution

Danalock, a provider of smart lock solutions for smart homes and businesses, announced that its Danalock V3 is the first globally compatible, retrofit smart lock to be fully integrated into the Alarm.com interactive security platform, extending its ecosystem of connected devices for global customers. (more…)

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April 10, 2018

Posted by: Zenobia Hegde

Smart home surveillance camera market to surpass $9.7bn by 2023, says Strategy Analytics

Cameras with full software and service feature sets at sub $200 (€162.39) price points will fuel growth of the smart home surveillance camera market according to recently published research by Strategy Analytics. The firm forecasts the global market to exceed $9.7 billion (€7.88 billion) in consumer spending by 2023, with security service providers (more…)

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Posted by: Zenobia Hegde

Online physical goods sales to account for 13% of $30 tn retail market by 2020, finds Juniper Research

A new study from Juniper Research has found that online physical goods sales will account for 13% of global retail by 2020, or $3.8 trillion (€3.09 trillion) out of a global retail market of nearly $30 trillion (€24.37 trillion). (more…)

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Posted by: Zenobia Hegde

Premier Farnell announces new global franchise with Nordic Semiconductor

Premier Farnell, the Development Distributor, announced the addition of Nordic Semiconductor to their extensive product offering, providing Farnell element14 customers with access to a market brand that provides a world class range of wireless devices. (more…)

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Posted by: Zenobia Hegde

Wi-SUN Alliance announces 60% growth in global membership in 12 months

Wi-SUN Alliance, a global member-based association driving the proliferation of interoperable wireless solutions for use in smart cities, smart utilities and other Internet of Things (IoT) applications, has seen a significant increase  in membership by more than 60% in the last year. (more…)

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April 5, 2018

Posted by: Zenobia Hegde

Master Electronics and CUI Inc enter into global distribution agreement

CUI announced that it has signed a worldwide distribution agreement with Master Electronics, the 13th largest global distributor of electronic components. As a part of the agreement, Master Electronics will distribute and market CUI’s extensive product portfolio of power, interconnect, motion, audio, and thermal management technologies. (more…)

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March 28, 2018

Posted by: Zenobia Hegde

Fintech innovation propels B2B money transfer market to $218tn by 2022, says Juniper Research

New findings from Juniper Research have concluded that the cross-border B2B money transfer market is ripe for disruption, as new technologies and legislative changes redefine traditional banking practices across the globe. Cross-border B2B transactions will exceed $218 trillion (€175.13 trillion) by 2022, up from $150 trillion (€120.50 trillion) this year. (more…)

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March 27, 2018

Posted by: Zenobia Hegde

IoT Global Awards winners named at Smart IoT London event

The winners of the IoT Global Awards 2018 have been announced at the Smart IoT London event, held today at ExCeL. Judged across 12 categories, including CXO of the year, by a specially assembled panel of 12 Internet of Things (IoT) industry experts and insiders, the awards attracted 149 entries in their inaugural year. The awards are co-sponsored by IoT Global Network and CloserStill Media, organisers of Smart IoT London.

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March 23, 2018

Posted by: IoT Global Network