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Nokia signs with LS Electric to supply IoT analytics to Korean utility market
South Korea based electric power equipment company LS Electric has signed up Finnish vendor Nokia to supply an analytics-based asset management platform to local power utilities.
LS Electric, a division of Seoul-based conglomerate LS Group, wants an IoT and AI solution to enable customers to...
Investor confidence rises as venture capital funds start to flow into IIoT market
Investor confidence in the burgeoning industrial ‘internet-of-things’ (IIoT) market is up, reckon industry commentators.
A slew of enterprise funds and venture capital has been staked on the sector’s growth in recent months, as vendors have got a better grasp of the technology and industrialists have...