KORE Group Holdings, an Internet of Things (IoT) solutions and pioneering IoT hyperscaler, announced on Monday that Bruce Gordon has joined as executive vice president and chief operating officer (COO), effective July 2, 2024. Gordon brings over three decades of technology sector experience, having held multiple significant leadership roles.
Most recently, Gordon served as chief executive officer and executive chairman of GeoDigital, a provider of 3D services and geospatial intelligence software. Previously, at ABB Ventyx (formerly Mincom), Gordon served as senior vice president for business solutions. Prior to this, Gordon held roles of chief technology officer at Infor, an enterprise software company, overseeing technology strategy through a significant period of growth which included the acquisition and integration of 27 companies, and chief operating officer at Descartes where he was responsible for a significant business transformation.
“I am thrilled to join KORE and lead our operational strategies during this exciting period of expected growth,” Gordon said in a media statement. “With a focus on innovation and customer-centred solutions, I look forward to working with the talented team at KORE to drive operational excellence and deliver unparalleled value to our customers.”
In his new role as executive vice president and COO of KORE, Gordon will focus on enhancing operational efficiencies, fostering innovation and driving sustainable growth. His leadership will help optimise KORE’s internal processes, leverage human talent and maximise market opportunities to solidify the company’s position as a leader in IoT.
“We are delighted to welcome Bruce to the KORE executive team,” said Ron Totton, interim president and CEO of KORE. “Bruce’s extensive experience and proven track record in transforming organisations and driving growth will be invaluable as we continue to innovate and expand our offerings to meet the evolving needs of our customers.”
In connection with his employment, the company made a grant to Gordon of an aggregate of 100,000 restricted stock units (RSUs), where each RSU represents the right to receive one share of the company’s common stock upon the terms and conditions of the related RSU award agreements. The grant of RSUs was offered as a material inducement to Gordon’s hiring.
The RSUs were granted by the Compensation Committee of KORE’s Board of Directors, in reliance on the employment inducement exemption under the NYSE’s Listed Company Manual Rule 303A.08, which requires public announcement of inducement awards.
The RSUs were granted outside the KORE Group Holdings, Inc. 2021 Long-Term Stock Incentive Plan, but will be governed by the terms of the Plan as if they were issued under the Plan.
Subject to the terms and conditions of the award agreements, 10,000 RSUs shall vest on the first anniversary of the grant date, 27,500 RSUs shall vest on the second anniversary of the grant date, 27,500 RSUs shall vest on the third anniversary of the grant date, and 35,000 RSUs shall vest on the fourth anniversary of the grant date, subject to Gordon’s continuous employment or service to the company through the applicable vesting date.
July 9, 2024
Posted by: Anna Ribeiro
Automotive antennas company Harada Industry has teamed with UnaBiz, a massive Internet of Things (IoT) service provider and integrator, to design and manufacture Sigfox 0G technology-based vehicle tracking solution and in-vehicle antenna for the automotive industry.
The collaboration between Harada and UnaBiz involves joint efforts from R&D teams to create a ‘Film-type Vehicle Smart Tracker,’ empowered by Sigfox 0G technology, that can be attached to the windshield of automobiles.
The transparent film tracker will not obstruct the driver’s view, and its placement at the top of the windshield improves the radio wave environment, enhancing Sigfox 0G network reception. This retrofit tracker will be followed by fully integrated Sigfox-based solutions that automotive manufacturers can embed directly during vehicle assembly. Combined with Harada’s advanced antennas, the integrated solution will open a broad range of use cases for the industry.
Micware, a tier 1 in-vehicle platform software provider for automotive control and car navigation systems, and an existing partner of Harada will also be working with UnaBiz to develop the tracking and telemetry software platform.
Harada is located in 13 cities across 9 countries, supporting Asia Pacific, Europe, North America and the Central America markets. At the same time, UnaBiz has networks deployed in over 70 countries worldwide through its global 0G operators empowered by Sigfox 0G technology.
Keigo Harada, executive officer of Harada expressed enthusiasm about the collaboration, “It is a pleasure working with the UnaBiz team to combine our expertise in radio communication technologies to advance the automotive sector. Sigfox 0G and its global footprint are powerful, yet simple and elegant LPWAN technology that are straightforward to integrate into our portfolio of vehicle products and antennas. We are committed to leading the way, driving technological innovations that provide the best products and services for our customers.”
“We are excited to work with Harada, a world-class supplier for global automakers as we see more and more Sigfox 0G technology engagements and applications in the automotive sector,” Alexis Susset, CTO of UnaBiz said. “Our automobile OEM customers in Europe and Japan are leveraging Sigfox for asset tracking, stolen vehicle recovery, and telematics. Harada’s antenna knowledge is unique and a key enabler for us to expand globally and deploy solutions tailored to the automotive sector. We couldn’t be more excited to launch such a key collaboration in an industry we look forward to supporting in its digital transformation.”
“Micware is thrilled to collaborate with Harada and UnaBiz, both leading experts in their fields, to revolutionise the future of vehicle tracking and telematics,” Takuma Segawa, executive director of Micware added. “We will contribute our deep knowledge of software and other digital tools to build industry-leading solutions and products to build modern and inspiring experiences for end-users.”
Harada and UnaBiz are set to explore various commercial strategies for the newly developed automotive products, with plans to introduce them to the market by the second half of 2024.
July 8, 2024
Posted by: Anna Ribeiro
Intelligent Manufacturing Kuala Lumpur (IMKL) returns next week to the Kuala Lumpur Convention Centre (KLCC), from 10 – 12 July 2024. The event will bring together an international line-up of experts to guide manufacturers across the ASEAN region through key topics in industry 4.0, including generative AI, ESG (Environmental, Social and Governance) principles, cloud infrastructure, data centres and more. In addition to its flagship two-day conference, participants can look forward to a variety of product showcases, interactive workshops and live technology demonstrations. (more…)
July 5, 2024
Posted by: Magda Dabrowska
Tuya Smart has announced a partnership with V2 Indonesia to jointly advance the deep integration of cutting-edge technologies, including AI, into the realm of smart homes.
Through this partnership, which was formalised at the 2024 Tuya Global Developer Summit, Tuya Smart and V2 Indonesia seek to enable customers to capitaliase on the immense opportunities presented by the burgeoning Indonesian smart home market. (more…)
July 2, 2024
Posted by: Magda Dabrowska
SmartSense by Digi, part of Digi International has announced a new relationship with Lowes Foods, a regional grocery chain. Lowes Foods is owned by Alex Lee, along with IGA and KJ’s Market locations. The SmartSense IoT Sensing-as-a-Service framework will protect more than 5,000 assets across 141 Lowes Foods locations. (more…)
June 27, 2024
Posted by: Magda Dabrowska
InnoPhase IoT has announced the availability of its Talaria TWO Matter v1.2 certified Wi-Fi solution. It is based on a single-chip SoC compared with the multiple-chip approach taken by many vendors. The Matter protocol addresses the need for vendor-independent device compatibility, easy setup and operation. This allows the Talaria TWO Matter 1.2 solution to enable device interoperability across a variety of ecosystems, including Apple, Google, Amazon Alexa, Samsung, etc., providing a wider selection of home automation devices for smart home users. (more…)
June 24, 2024
Posted by: Magda Dabrowska
Powerfleet has announced IMC Logistics has deployed its SaaS-based, data-agnostic platform, Unity. Through using Unity’s data highway, large amounts of data can now be ingested, harmonised and simplified within a single pane of glass, offering actionable insights and real-time visibility of IMC’s unpowered and untethered assets across hundreds of locations in North America. (more…)
June 21, 2024
Posted by: Magda Dabrowska
Soracom has announced that it has joined the Amazon Web Services (AWS) Independent Software Vendor (ISV) Accelerate Programme, a co-sell programme for AWS partners that provide software solutions that run on or integrate with AWS. (more…)
June 19, 2024
Posted by: Magda Dabrowska
Sinclair Digital, a provider of advanced network solutions for hotels, commercial buildings, warehouses, offices and schools, has announced a partnership with Environments. This collaboration will integrate Environments’ Elevated building systems AI and IoT platform into Sinclair Digital’s AGILE-CORE family of DC Microgrid building network and infrastructure products.
AGILE-CORE is a comprehensive platform designed for safe power distribution, automation, control and management, making buildings smarter, more resilient and more energy-efficient. The integration of Environments’ Elevated building systems and IoT software platform will further enhance AGILE-CORE, providing unprecedented smart building solutions.
A future-ready smart building solution
Luis Suau, the chief business officer at Sinclair Digital, said, “Our AGILE-CORE distributed networking technology can power, communicate with and control most building infrastructures, such as lighting, shading, security cameras and access control, as well as occupant devices like laptops, tablets and phones. In the future, it will support larger devices, including appliances, HVAC systems and EV charging stations, which already use DC power internally.”
The Elevated software platform offers a wide array of IoT integrations and technologies for comprehensive climate control, health and security measures, empowering users to fully optimise their spaces. The combined AGILE-CORE and Elevate solution will set a new standard in smart building AI solutions.
Sinclair Digital’s AGILE-CORE architecture provides pre-packaged systems that combine Fault Managed Power (FMP), PoE and USB power infrastructure. These plug-and-play solutions are tailored for Electrical Contractors, Lighting Agents and Specifiers, using Sinclair Digital’s extensive design/build installation expertise.
For additional product and sales inquiries, please email info@sinclair-digital.com.
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June 18, 2024
Posted by: Magda Dabrowska
Lantronix has announced that it has published its case study on HY-LINE Group’s Smart Shelf, an easy-to-deploy digital retail shelf signage solution that delivers customer engagement and buying behavior analytics. Utilising Lantronix’s E210 Series Router (E214) with IoT SIM Connectivity Services and Lantronix’s Percepxion Cloud IoT Edge Solutions platform, this solution is securely and centrally managed for global deployment.
“Lantronix’s proven IoT solutions enabled HY-LINE Group to create a digital retail signage solution that combines the best of online and in-person shopping while giving retail chains the ability to capture insightful analytics on customer behaviors,” said Mathi Gurusamy, the chief strategy officer for Lantronix. “IoT Solutions in the retail industry provide additional opportunities to showcase our solutions in this growing market.”
According to Berg Insight, the retail industry is one of the top vertical markets for IoT devices. Global shipments of IoT devices in the retail sector are projected to grow at a CAGR of 10% over the next three years, reaching 19 million units in 2027. Lantronix’s innovative gateways and software are designed to target this market, supporting these growth trends through plug & play connectivity services and the Percepxion IoT Edge Solutions Platform.
Utilising Lantronix’s IoT solutions, including its E210 Series Router (E214) with IoT SIM Connectivity Services and Percepxion Cloud IoT Edge Solutions platform, HY-LINE developed its interactive point-of-sale Smart Shelf Display solution. Combining the best of online and in-person retail shopping, the Smart Shelf engages customers and captures buying behaviors while delivering analytics to generate increased sales and revenue growth.
Utilising Lantronix products and services enabled HY-LINE to build connectivity into the Smart Shelf Solution, providing an easy way for retailers to deploy and manage Smart Shelves across their stores, regionally, nationally or globally. Since the Smart Shelf comes pre-configured with the interactive display and router, to get started, retailers just plug it into a power outlet and connect it to the network. From there, it automatically connects to Cloud IoT management, where Percepxion provides chain-wide remote management of the connectivity.
For more information and to read the use case, please visit Lantronix’s HY-LINE Smart Shelf Digital and Retail Signage case study here.
June 10, 2024
Posted by: Magda Dabrowska