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Industrial IoT automation standard in the works

An industrial IoT automation standard may be within reach as three global automation standard leaders have started working together to advance the industrial IoT. Realizing the full potential of the industrial IoT will require interoperability between devices and machines that today use different protocols. Forget...

A closer look at 5G impact on industries

New research by Ericsson on 5G impact in eight key industries shows a majority of decision-makers expect 5G to be a game changer. The most advanced use cases may have to wait though. 5G might yet have to be fully specified and standardized, communications vendors...

Intel acquires Movidius to accelerate machine vision strategy

Intel announced its intention to acquire machine vision specialist Movidius, to further strengthen its position within computer vision, deep learning. In a move to strengthen its position in the growing computer vision market, Intel announced its intention to acquire machine vision specialist Movidius. Machine vision uses cameras...

Huawei details progress of developer program

Huawei outlined its developer strategy and detailed the progress the company has made with its developer program. The developer program Huawei launched in October 2015 still has a long way to go to reach its target of rallying one million developers by 2020, but it...

Top 5 industrial IoT companies

Leading the industrial IoT The industrial IoT and its billions of projected devices has set companies from every end of the technology spectrum on a race to become the go-to solution in connecting enterprises. Here are the top five companies (excluding cloud providers) in the current...

Sigfox adds Colombia to its global IoT network

Following the launch of its global IoT network in Columbia, Sigfox claims to cover 57 percent of Latin America’s territory. Sigfox’s international expansion shows no signs of slowing down. The IoT operator has now announced the launch of its global IoT network in Columbia, together with...

Four vendors set to dominate the M2M module market

The mobile M2M module market is expected to grow at a rapid pace through 2020. Four vendors are set to dominate the market. The mobile M2M module market is expected to grow at a compound annual growth rate (CAGR) of 21 percent between 2016...

Which countries are leading in the internet of things?

See which countries are leveraging the internet of things to drive business transformation A lot of vendors throw around the projection that by 2020 there will be some 50 billion "things" comprising the growing internet of things (IoT). But what about today; which countries are...

Internet of things shake up well underway

A significant minority of companies now claim to run their entire business on the internet of things Some of the enterprise pioneers of the internet of things (IoT) are trying to race ahead of their peers in the hope that this disruptive technology will drive...

Ericsson and China Telecom to jointly offer global IoT services

The IoT services agreement will be initially valid for five years Swedish vendor Ericsson and China Telecom signed a Memorandum of Understanding (MoU) to jointly deploy and offer global internet of things connectivity to enterprise customers through Ericsson Device Connection Platform (DCP). The agreement will initially...

Vodafone: IoT investment is 24% of average IT budget

U.K.-based telecom group Vodafone said 89% of companies investing in the internet of things (IoT) have increased their budgets over the last 12 months. The finding is part of its fourth annual IoT Barometer Report. According to the recently published report, 76% of all...

North American fleet management system market is red hot

The region ended 2015 with an installed base of 5.8 million fleet management systems; projected to pass 12.7 million by 2020 North America is expected to reach 12.7 million active fleet management systems deployed in commercial vehicle fleets in 2020, according to a recent study...

Workers wary of wearables in the workplace

Deploying wearables in the workplace may seem like a logical step for businesses but concerns over privacy make workers wary of their use. Using wearables in the workplace is only but a logical step as the popularity of wearable devices continues to increase. Sales of wearable devices...

Industry 4.0 understanding lacking among UK manufacturers

UK manufacturers lack understanding of Industry 4.0, a new survey found. This could put UK manufacturing at risk of being left behind as other countries embrace Industry 4.0. While a majority of UK manufacturers (59 percent) recognize that Industry 4.0 will have a big impact...

IoT to account for nearly half of IT budgets by 2020

Nearly half of IT budgets will be dedicated to IoT development and implementation by 2020 as IoT services adoption continues to grow. IT budgets are in for a significant transformation as Internet of Things (IoT) services become a top priority for businesses. By 2020, IoT should...

Forget IIoT standards, interoperability is what matters

Forget IIoT standards, at least for now. Focus instead on interoperability and business models. An exclusive interview with Dr. Richard Soley, chairman and CEO of OMG and executive director of the Industrial Internet Consortium. Interoperability, or lack thereof, is a major challenge when businesses set...

Businesses lack clear IIoT implementation strategies

Many businesses lack clear IIoT implementation strategies, despite a majority viewing it as critical to future success. Understanding the potential of the industrial "internet of things" is one thing, implementing an IIoT strategy clearly another. There is indeed a disconnect between enterprises’ IIoT goals and their...

Netherlands Railways deploys sensor network with Blip

With this newly deployed sensor network, Netherlands Railways will get data on passenger flows, which can be used to improve traveler experience and optimize the stations’ operations. Passengers are no longer simply passing through railway stations; they work, hold meetings, shop and eat there. At...

IoT security to drive funding in cybersecurity startups

IoT security spending is set to increase by nearly 30% this year. Cybersecurity startups to benefit from surge in investment as funding is expected to soar. "Internet of Things" security spending is currently a relatively small market, but analyst firm Gartner estimates worldwide spending on...

VR for IIoT: Oculus used for crane operation system

VR for IIoT is coming: Hiab is planning to launch a crane operation system that uses real-time virtual reality video technology. The innovation offers safety and productivity gains. VR for IIoT has the potential to transform many industries by enabling remote operations. Thanks to virtual reality...

Connectivity, proving ROI biggest challenges in IoT projects

IoT projects face a number of technical and business challenges. Connectivity and proving ROI are ranked as the biggest challenges by European IT professionals. Enterprises face a number of technical and business challenges when it comes to planning and deploying "Internet of Things" projects. A survey...

IoT-centric usage-based insurance set to surge

IoT-centric usage-based insurance is finally coming of age and it is turning the traditional car insurance sector upside down. Internet of Things (IoT) adoption in various vertical markets is set to disrupt traditional industries by introducing new business models. IoT-centric usage-based insurance (UBI), which...

Show me the Industrial IoT Money – Opportunity for investment

Within the telecoms industry, views differ widely on the scale of the IoT investment opportunity Asked at a recent conference when the Internet of Things (IoT) will make a material difference to his company’s financial performance, the CEO of one major telecoms operator replied: “Not in my...

How the Industrial IoT is changing enterprise asset management

Increase productivity with enterprise asset management cloud and data analytics tools Companies of all sorts, particularly those working in physical plant-intensive markets, need to keep up with their equipment to understand maintenance needs, optimize process efficiency and, ideally, get more productivity for less money. The practice...