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IoT spending in APAC to reach $277.5bn this year: IDC

IoT investments in APAC are expected to reach $435 billion in 2027 Internet of Things (IoT) spending in the Asia Pacific (APAC) region is forecasted to reach $277.5 billion in 2023, an increase of 11% compared to the previous year, according to IDC's latest Worldwide...

Global IoT spending to exceed 805 billion this year: IDC

IDC said the overall investment in the IoT ecosystem is expected to surpass $1 trillion in 2026 Global Internet of Things (IoT) spending is forecast to reach $805.7 billion in 2023, an increase of 10.6% compared to 2022, according to a new report by International...

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...

Deutsche Telekom creates new company to focus on IoT business

Deutsche Telekom has announced plans to spin-off its IoT business to strengthen the firm’s presence in the growing IoT market. The new company, dubbed Deutsche Telekom IoT GmbH, will officially launch operations on July 1, 2020. In a statement, the German company noted that competitors...

BAE Systems automates manufacturing with Boeing IoT platform

Boeing subsidiary Tapestry Solutions has won a deal to supply its technology agnostic IoT platform into BAE Systems’ manufacturing facilities. The rollout is part of BAE Systems’ large-scale programme to standardise and automate its manufacturing operations. Tapestry Solutions’ enterprise sensor integration (ESI) software platform has...

Smart lighting is the ultimate IoT platform

Smart lighting helps cities save energy, lower costs and reduce maintenance. Automation and networked control can further increase energy savings and reduce maintenance spending Smart lighting initiatives are playing a key role in the development of today’s smart cities. With digital networks and embedded sensors,...

LPWAN specialist Actility expands IoT platform via acquisition

The acquisition will allow the French IoT specialist to add GPS (A-GPS) technology to its ThingPark platform French firm Actility, a specialist in low power wide area networks (LPWAN) for the internet of things, announced the acquisition of geolocation system company Abeeway. Actility said the combination...

Vodafone targets autonomous and independent living for elderly

German firm Locate Solutions uses different sensors and relies on Vodafone for connectivity. German location solutions provider Locate Solutions is working with Vodafone to provide a service targeting Europe’s aging population. “Autonomous and independent living will be a key area of growth for us,” said...

Hitachi creates lab to develop solutions for its IoT platform

Hitachi’s Insights Laboratory will use advanced analytics and artificial intelligence. Japanese company Hitachi formed its Insights Laboratory, which it claims is a global research team focused on accelerating the delivery of solutions for its internet of things-based Lumada platform. The company said the Insights...

Salus implements Ayla Networks IoT platform for smart buildings

The IoT platform is set to allow the company to connect smart building products to the cloud. Salus, a provider of energy control solutions for smart buildings, is using Ayla Networks’ internet of things platform to connect its Salus Wyse.ly suite of...

Vodafone launches fleet management services in Qatar

The fleet management service is offered through Vodafone’s global internet of things platform. Vodafone Qatar, a subsidiary of U.K.-based Vodafone Group, launched fleet management services in partnership with Qatar Mobility Innovations Center. The service is designed to track and perform logistics...

Vodafone IoT platform helps AntTail to enhance medication monitoring services

AntTail, a Dutch monitoring services provider focused on the pharmaceutical industry, has selected U.K telecommunications firm Vodafone’s Managed IoT Connectivity Platform to provide support to its monitoring solution. Pharmaceutical supply chains are typically long and fragmented, making medication vulnerable to temperature variation. Current temperature monitoring...

Global IoT platform revenues to reach $3.3 billion by 2021

Global IoT platform revenues are expected to continue to grow fast and reach $3.3 billion by 2021. We discuss IoT platform trends with Berg Insight. Berg Insight expects global IoT platform revenues to grow at a compound annual growth rate (CAGR) of 30.8 percent between 2015...