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Nokia to sell its device, service management unit to Lumine Group for $203m

Nokia has agreed to sell its Device Management (DM) and Service Management Platform (SMP) businesses to Canadian telecom and media software company Lumine Group for $185 million euros (approximately $203 million). Nokia said that its Device Management software capabilities help communication service providers...

1NCE promises to “disrupt” IoT industry again with free and easy IoT software tools

Cellular IoT provider 1NCE has said it wants to repeat its trick with flat-rate global IoT pricing to also “disrupt” the IoT industry with free device and cloud management software. At CES in Las Vegas, the firm has launched a new operating system (OS),...

IoT platform market is innovating, expanding, about to boom – with $31bn of sales in 2026

The IoT platform market is innovating and expanding, and about to boom. So says ABI Research, which has counted 62 companies offering connectivity management platforms for enterprises to keep track of their varied IoT estates, and calculated $31 billion will be spent on them...

Released by Arm, buoyed by Bayer – Pelion shifts to the edge and comes of age

IoT device management platform Pelion, previously a unit within Arm, has been spun-out as a standalone business, wholly-owned by the UK chip design firm. At the same time, it has integrated its connectivity management and device management engines, and bundled a new application management...

IoT management revenues to top $20bn as industrial devices get edgier

Revenues from internet-of-things (IoT) device management will top $20.5 billion within five years, with 70 per cent coming in the industrial, automotive, and telematics sectors, according to ABI Research. Revenues from device management services – including device provisioning, software and firmware updates, and device monitoring...