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Rockwell Automation acquires cloud software firm Fiix for edge maintenance solutions

Rockwell Automation, Inc. has agreed to acquire Fiix Inc., a privately-held, artificial intelligence (AI)-enabled computerised maintenance management system (CMMS) company. Fiix, founded in 2008, is headquartered in Toronto, Canada. (more…)

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December 2, 2020

Posted by: Anasia D'mello

Loans issued via AI underwriting to reach $315 bn by 2025

A new study from Juniper Research has found that the value of unsecured loans issued via AI underwriting platforms will reach $315 billion (€270.75 billlion) in 2025, up from just $24 billion (€20.63 billion) in 2020. (more…)

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November 4, 2020

Posted by: Anasia D'mello

Connected services are vital for automotive OEMs to regain lost ground

Original equipment manufacturers (OEMs) have an opportunity to exploit the full potential of connected services, but must act quickly as the gap between them and digital players widens. This is according to a new research report from Capgemini Invent exploring the road towards profitability for automotive connected services. (more…)

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September 15, 2020

Posted by: Anasia D'mello

Ericsson, T-Mobile Austria and Stanley Black & Decker accelerate IoT connectivity for good

Using T-Mobile Austria’s network, Ericsson IoT acelerator for global connectivity and Stanley Black & Decker’s digital accelerator, the three partners are simplifying and accelerating the global deployment of Stanley Black and Decker’s connected equipment and services.

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February 14, 2020

Posted by: Anasia D'mello

Veego’s Crystal Ball Foresees Smart Home Support in 2020

NEW YORK – December 17, 2019 – Veego Software, an Israel-based startup that brings artificial intelligence and other advanced technologies to enable self-care in the smart home, today unveiled its predictions for smart-home support in the coming year. (more…)

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December 19, 2019

Posted by: IoT global network

Delta acquires lighting solution brand Amerlux to enhance its IoT-based green solutions

Building automation has become a major focus for Delta’s long-term growth strategy. The proposed acquisition is expected to benefit customers with a broader portfolio of Delta IoT-enabled smart green solutions for sustainable buildings and cities, which already includes building automation, energy management, (more…)

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March 14, 2019

Posted by: Anasia D'mello

Nokia and Dawiyat Integrated collaborate to develop industry 4.0 ecosystem in Saudi Arabia

Nokia and Dawiyat Integrated Telecommunications and Information Technology Company, part of Saudi Electricity Corporation (SEC), are to collaborate on multiple projects to develop the ecosystem for Industry 4.0 in the country. (more…)

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March 6, 2019

Posted by: Anasia D'mello

How to create human-centric smart cities

We’re moving into a new world where everything and everyone swings between real and virtual world, says Arun Rishi Kapoor, business consultant of Tech Mahindra. (more…)

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March 5, 2019

Posted by: Anasia D'mello

Etisalat UAE selects Ericsson for 5G enhance mobile broadband and fixed wireless

Etisalat has selected Ericsson to deploy a 5G radio network in the United Arab Emirates (UAE). The deal is part of a strategic partnership which will also see Ericsson and Etisalat working together to explore 5G opportunities. (more…)

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February 27, 2019

Posted by: Anasia D'mello

Service-based models for intelligent pumps to emerge with more cross-industry collaborations, Frost predicts

Increased customer demand to derive maximum output from legacy equipment is driving pump manufacturers to integrate enhanced technological features into existing pumps. (more…)

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January 28, 2019

Posted by: Anasia D'mello