Showing posts with label IOT. Show all posts
Showing posts with label IOT. Show all posts

Thursday, July 11, 2019

Deutsche Telekom and Software AG to create global Cloud of Things

Deutsche Telekom and Software AG formed a strategic partnership to deliver IoT services on a global scale.

Specifically, Deutsche Telekom and its enterprise customer unit T-Systems will expand their Cloud of Things offering, using Software AG’s Cumulocity IoT platform.

The companies are targeting an “IoT made in Germany” with plans to provide coverage in Germany, other European markets, and the United States.

Adel Al-Saleh, CEO of T-Systems and Board Member of Deutsche Telekom, said: “We’re delighted to be extending the reach and capabilities of our Cloud of Things IoT platform alongside our partner. Software AG’s technology is critical in enabling us to scale an already successful service and introduce new functionality, giving us the confidence to move into new sectors. Our strategic partnership will help us continue to drive innovation and provide the best possible platform and services for clients, both from the enterprise sector and Germany’s world-leading Mittelstand.”

Wednesday, June 19, 2019

Everactive raises $30M for industrial IoT sensors without batteries

Everactive (formerly PsiKick), a start-up based in Santa Clara, California, announced $30 million in new funding for its development of wireless, batteryless Internet of Things (IoT) systems.

Everactive said its initial products target the industrial sector, where collecting and analyzing data on physical equipment and infrastructure can have a profound and measurable impact—serving to reduce downtime, cut maintenance costs, improve safety and environmental impact, as well as boost overall efficiency. In late 2018, Everactive launched Steam Trap Monitor (STM), which is designed to continuously monitor the pervasive industrial and district energy steam trap in order to determine whether or not the trap has failed so that maintenance personnel can act to minimize costly energy waste and safety concerns. Currently in small-scale deployments, the company’s latest products include a Machine Health Monitor that analyzes vibration on rotating equipment, such as industrial motors, pumps, and fans. Everactive also offers a Flare System Monitor that mitigates the length and costs of flaring events in refineries.

Everactive eliminates batteries due to its underlying integrated circuit and wireless networking expertise. The company’s co-founders, Drs. Benton Calhoun and David Wentzloff, have been working on ultra-low-power electronics since their days together at MIT’s Electrical Engineering & Computer Science program. On top of that core chip technology, Everactive has not only built its own self-powered sensor devices, but also all the networking, software, and cloud analytics to be able to deliver insights to customers.

The funding round was led by Future Fund and joined by new investors Blue Bear Capital and ABB Technology Ventures, alongside existing investors New Enterprise Associates (NEA) and Osage University Partners. The company has raised $63 million to date.

“Removing the need for batteries solves one of the key limitations of the IoT and represents a fundamental paradigm shift, allowing our customers to deploy wireless sensors at scale and gain access to new, high-value data-driven insights,” said Bob Nunn, CEO of Everactive. “Over the last 18 months, Everactive has productized our ultra-low-power silicon technology and developed a compelling go-to-market strategy that is now driving rapid customer adoption. Everactive will use the proceeds from the new round to meet the growing customer demand for our existing and future products.”

http://www.everactive.com

Thursday, June 13, 2019

IDC: Worldwide Spending on IoT to hit $1.1 trillion in 2023

IDC is predicting booming worldwide spending on the Internet of Things (IoT) with spending exceeding $1.0 trillion mark in 2022 and reaching $1.1 trillion in 2023.

A new update to the International Data Corporation (IDC) Worldwide Semiannual Internet of Things Spending Guide shows the compound annual growth rate (CAGR) for IoT spending over the 2019-2023 forecast period will be 12.6%.

"Spending on IoT deployments continues with good momentum and is expected to be $726 billion worldwide this year," said Carrie MacGillivray, group vice president, Internet of Things, 5G, and Mobility at IDC. "While organizations are investing in hardware, software, and services to support their IoT initiatives, their next challenge is finding solutions that help them to manage, process, and analyze the data being generated from all these connected things."

Highlights:

  • Discrete manufacturing, process manufacturing, and transportation will account for nearly a third of worldwide spend total in 2023. 
  • The consumer market will be the second largest source of IoT spending in 2019, led by smart home and connected vehicle use cases. With the fastest five-year growth rate across all industries (16.8% CAGR), the consumer market is forecast to overtake discrete manufacturing to become the largest source of IoT spending by 2023.
  • Hardware spending is dominated by module/sensor purchases. 
  • Software will be the fastest growing technology category with a five-year CAGR of 15.3% with a focus on application and analytics software purchases.
  • More than three quarters of all spending on IoT platform software – middleware that provides the device management, connectivity management, data management, visualization, and applications enablement for connecting IoT endpoints – will go toward software packages that integrate and support devices, applications, data schemas, and standards of a single industry. 
  • By the end of the forecast, nearly one-third of IoT software spending will go toward public cloud deployments, compared to less than 20% spent on cloud deployments in 2018.
  • The United States and China will account for roughly half of all IoT spending throughout the forecast, followed by Western Europe and Asia/Pacific (excluding Japan and China). 

Thursday, February 28, 2019

DOCOMO Ventures Invests in Shoof for IoT tracking

NTT DOCOMO Ventures has made an equity investment in Shoof Technologies, a start-up based in Sunnyvale, California that is developing advanced wireless technology designed for the Industrial IoT.

Shoof claims its technology for asset monitoring and tracking overcomes the unreliable nature of current wireless technology. It offers a cloud platform and equipment such as base stations and tags to track assets in motion in any location in real time. It is applicable to a wide range of industrial markets with unmatched advantages, including scalability, ability for both indoor and outdoor tracking, a long communication range, blockchain-capable security authentication, open-network infrastructure, and is free of maintenance.

Wednesday, February 6, 2019

DT targets integrated SIM for IoT

Deutsche Telekom, working in partnership with industry partners, has led the development of nuSIM, which moves the SIM functionality from the physical SIM card directly to the chipset.

nuSIM is specifically designed for low-cost devices used in mobile IoT applications with a long life-span, such as asset trackers or smart motion or temperature sensors. It will be commercially available in the second half of 2019.

The partners include:

  • for chipsets: Altair Semiconductor, Commsolid/Goodix, HiSilicon, Nordic Semiconductor, Qualcomm, Samsung Electronics, Sequans Communications, 
  • for modules: Quectel Wireless Solutions, Sierra Wireless, Telit, u-blox, Nordic Semiconductor.
  • for digital security: Giesecke+Devrient Mobile Security.

“Deutsche Telekom has built a solid track record in IoT technology innovation over the past years. The most important success driver for us is to anticipate customer needs to make sure we enable their business success,” says Ingo Hofacker, Senior Vice President, responsible for the IoT business at Deutsche Telekom. “nuSIM, our rigorously optimized SIM solution for the cost-sensitive mobile IoT market is our latest endeavor and an important building block for our offering moving forward.”

Wednesday, January 9, 2019

Gemalto integrates eSIM into LTE-M IoT module for AT&T

Gemalto has integrated its embedded SIM (eSIM) for AT&T into its Cinterion LTE-M IoT module;

The new solution streamlines development for OEMs and reduces the cost and complexity of IoT deployment by eliminating the need for SIM card integration after manufacturing.

eSIMs also help maintain the strongest security levels with continuous security updates for the long life of IoT solutions. Samples of the new module are available with volume shipping to follow shortly.

“The increasing adoption of eSIM technology marks a significant transformation in wireless technology that is driving innovation and improved security across the whole lifecycle of devices, said Andreas Haegele, SVP IoT Products, Gemalto. “The Cinterion LTE-M Module with embedded SIM technology benefits mobile operators and OEMs alike with enhanced flexibility and seamless connectivity for the IoT.”

Monday, December 17, 2018

Qualcomm IoT modem integrates LTE-M, NB-IoT, 2G/E-GPRS

by James E. Carroll

Qualcomm introduced a modem that integrates global multimode LTE category M1 (eMTC), NB2 (NB-IoT) as well as 2G/E-GPRS connectivity capabilities

The new Qualcomm 9205 LTE modem is designed for Internet of Things (IoT) applications such as asset trackers, health monitors, security systems, smart city sensors and smart meters, as well as a range of wearable trackers.  In addition to connectivity, the integrated chipset performs application processing, geolocation, and hardware-based security. It offers support for cloud services and accompanying developer tools.

Qualcomm said that compared to its predecessor, the 9205 modem can reduce power consumption by up to 70% in idle mode, a critical consideration for battery-powered IoT devices that need to operate for 10 years or longer in the field. The Qualcomm 9205 LTE modem is also 50% smaller and more cost-effective than its predecessor. The new modem is also softwarecompatible with the company’s prior LTE IoT solutions which allows module manufacturers to reuse software investments to develop new module solutions.

“The innovations included in the Qualcomm 9205 LTE modem are critical to support many of the 6 billion IoT devices expected to use low-power, wide-area connectivity by 2026,” said Vieri Vanghi, vice president, product management, Qualcomm Europe, Inc. “LTE IoT technologies are the foundation of how 5G will help connect the massive IoT, and we are making these technologies available to customers worldwide to help them build innovative solutions that can help transform industries and improve people’s lives.”

Qualcomm 9205 LTE modem technology highlights

  • Global multimode LTE IoT modem and connectivity: Support for both 3GPP release 14 Category M1 and NB2 for operation with networks using any of these LTE IoT modes, as well as 2G/E-GPRS to allow for connectivity in areas where LTE IoT is not yet deployed. Category M1 mode also supports voice for applications such as monitored security panels, and mobility for applications such as asset trackers.
  • RF transceiver with fully integrated front-end: The Qualcomm 9205 LTE modem features an RF transceiver with extended bandwidth support from 450 MHz to 2100 MHz. It also integrates a comprehensive RF front-end, a commercial first in the cellular IoT space, which is designed to greatly simplify the design and certification of products using the new modem, and therefore accelerate time to commercialization.
  • Advanced battery life management: To maximize battery life, the modem couples ultra-low system-level cut-off voltage with provisions for adapting power usage according to the state of charge of the battery.
  • Applications processor: Arm Cortex A7 up to 800MHz with support for ThreadX and AliOS Things real-time operating systems. The integrated applications processor avoids the need for an external microcontroller to improve cost-efficiency, and device security.
  • Geolocation: Integrated global positioning support for Global Navigation Satellite Systems (GNSS) including GPS, Beidou, Glonass, and Galileo. The Qualcomm 9205 LTE modem enables design flexibility allowing for the use of either a shared GNSS/LTE
  • antenna or a dedicated one.
  • Hardware-based security: Secure boot from hardware root-of-trust, Qualcomm Trusted Execution Environment, hardware cryptography, storage, and debug security. 
  • LTE IoT Software Development Kit (SDK): Designed to support developers in running custom software on the integrated applications processor, as well as to provide them access to additional capabilities of the Qualcomm 9205 LTE modem, such as geolocation. The SDK offers pre-integrated support for many cloud platforms, including Alibaba Cloud Link One, China Mobile OneNET, DTSTON DTCloud, Ericsson IoT Accelerator, Gizwits and Verizon ThingSpace, and it also allows developers to extend this integration further and develop support for other major IoT cloud providers.


Wednesday, October 3, 2018

Orange Business delivers IoT across Europe for Octo Telematics

Orange Business Services has been awarded a 3-year contract renewal to provide global IoT services to Octo Telematics, the leading provider of telematics and data analytics for the auto insurance industry.

Under the contract, Orange Business will help Octo to manage, monitor and diagnose a large fleet of IoT devices autonomously. Octo develops and markets a complete range of vehicle telematics solutions, such as automatic crash alerts, on-call assistance, and car accident liability analysis. The solutions also range from personal insurance models, such as Usage Based Insurance to shared mobility, fleet management, and eco-driving management. Octo has more than 5.6 million connected users across the world and has a commercial relationship with more than 100 partners.

The Orange IoT Managed Global Connectivity includes SIM coverage across Europe to personalize Octo services, carry out remote analysis and reduce overall running costs. They will be able to collect information and conduct analytics using behavioral, contextual and other telematics data. This will help insurance companies assess risk and enhance the accuracy of crash notification and claims management while improving customer relationships. Using this technology, insurance companies will also be able to make critical business decisions, evaluating the price risk while looking after their customers.

“Octo Telematics was facing a business transformation and needed an IT partner able to support its growing business throughout Europe, while also providing a personalized service, analysis and remote management. We were able to meet their needs with a solution to manage their connected users in full autonomy, offering them more operational efficiency and flexibility,” said Fabrice de Windt, senior vice president, Europe, Orange Business Services.

Thursday, September 6, 2018

Ericsson demos massive IoT e-health wearable prototype

Ericsson, in partnership with Sony Mobile, Qoitech and Altair Semiconductor, is demonstrating a connected wearable prototype for diabetes monitoring that offers over five times longer battery lifetime.

The improved power efficiency relative to the first-generation prototype, is due to two main factors: firstly, the integration of Altair’s ALT1250 dual-mode Cat-M1/NB-IoT ultra-small, ultra-low power chipset into the small form factor wearable device from Sony Mobile. Secondly, the use of LwM2M protocol further reduces average power consumption. LwM2M is a device management protocol designed for managing lightweight and low power devices. LwM2M builds on an efficient secure application layer standard called the Constrained Application Protocol (CoAP).

Marie Hogan, Head of Broadband and IoT RAN, Ericsson, said: “A large, global ecosystem of partners is key to cater for different customer needs in IoT. Furthermore, end-to-end capabilities based on standardized solutions are crucial to enable scalable, competitive and efficient IoT services. This second-generation e-health demo with significantly improved power efficiency enabling long battery life on low-power devices is really encouraging for the IoT market. It enables mass adoption of Massive IoT and paves the way for a wide range of industrial and consumer IoT applications.”


Wednesday, September 5, 2018

Sprint picks Ericsson to build distributed and virtualized core for IoT

Sprint and Ericsson announced a global relationship to build a distributed and virtualized core network dedicated specifically to IoT. The work includes developing an IoT operating system to provide an optimal flow of device data, enabling immediate, actionable intelligence at the network edge for end users and enterprises. Some highlights:

The Core Network

  • Dedicated to help provide: low latency and highest availability. 
  • Distributed and virtualized: reduces distance between the device generating the data and the IoT application processing it; nodes are distributed right to the enterprise premise, if necessary, to support specific security, privacy and latency requirements.

The IoT OS

  • Connectivity management and Device management:
  • Capabilities enable simplified inbound and outbound activity for device connectivity. 
  • Configuration and updates of firmware and software are managed for each device. All data is managed securely with world-class security on the chip level. 
  • The IoT OS provides full subscription lifecycle management and monitoring of billing and usage data.

Data management 

  • Capability to ingest enormous amounts of data while delivering immediate intelligence on that data.

Managed services

  • Service assurance for all IoT elements and enterprise locations, including network operations center monitoring, service resource fulfillment, cloud orchestration management and application management.

"We are combining our IoT strategy with Ericsson's expertise to build a platform primed for the most demanding applications like artificial intelligence, edge computing, robotics, autonomous vehicles and more with ultra-low-latency, the highest availability and an unmatched level of security at the chip level," said Ivo Rook, senior vice president of IoT for Sprint. "This is a network built for software and it's ready for 5G. Our IoT platform is for those companies, large and small, that are creating the immediate economy."

"Sprint is a pioneer in IoT and we are excited to work together to create a truly disruptive IoT business," said Asa Tamsons, senior vice president and head of business area technology & emerging business, Ericsson. "Sprint will be one of the first to market with a distributed core network and operating system built especially for IoT and powered by Ericsson's IoT Accelerator platform. Our goal is to make it easy for Sprint and their customers to access and use connected intelligence, enabling instant and actionable insights for a better customer experience and maximum value."

Tuesday, July 31, 2018

Sierra Wireless debuts IoT cellular router for LTE, LTE-M, NB-IoT

Sierra Wireless introduced a compact cellular router for the IoT with support for LTE and LTE-M/NB-IoT variants

The AirLink LX40 supports data processing at the edge and is designed for connecting cameras, smart lockers and point-of-sale terminals, as well as industrial remote data logging and sensing equipment in indoor or protected-outdoor locations.

Sierra Wireless also said its AirLink LX40 also enables IoT edge programmability, supporting the field-proven ALEOS Application Framework for embedded applications, as well as tightly integrated cloud services and APIs. These features, combined with LTE-M/NB-IoT connectivity and a rich set of I/O options for data acquisition and sensor aggregation, enable critical data to be processed at the edge to drive application insight and create event-driven situational awareness, while optimizing data transmission. LTE-M/NB-IoT support also provides five to 10X enhanced coverage in remote locations or buildings, while reducing monthly data plan costs by up to 10X.

“Enterprises are gathering business intelligence by deploying IoT solutions over a diverse range of locations and assets, from security cameras in a warehouse to manufacturing equipment on a factory floor,” said Jason Krause, Senior Vice President and General Manager, Enterprise Solutions, Sierra Wireless. “AirLink LX40 represents the evolution of our router portfolio, starting with the LX60, to bring the same secure connectivity experience as our rugged performance portfolio, but in an even more compact form factor that is optimized for enterprise IoT applications.”

Monday, June 18, 2018

IDC: IoT spending to hit $1.2 trillion in 2022

Internet of Things (IoT) spending will experience a compound annual growth rate (CAGR) of 13.6% over the 2017-2022 forecast period and reach $1.2 trillion in 2022, according to IDC's latest Worldwide Semiannual Internet of Things Spending Guide (version 2H17).

"The IoT market is at a turning point – projects are moving from proof of concept into commercial deployments," said Carrie MacGillivray, group vice president, Internet of Things and Mobility. "Organizations are looking to extend their investment as they scale their projects, driving spending for the hardware, software, services, and connectivity required to enable IoT solutions."

The IDC IoT Spending Guide details end-user adoption and spending across multiple segmentations. "The latest IoT Spending Guide release fully aligns to IDC's Industry Taxonomy. IDC said the consumer sector will lead IoT spending growth with a worldwide CAGR of 19%, followed closely by the insurance and healthcare provider industries. From a total spending perspective, discrete manufacturing and transportation will each exceed $150 billion in spending in 2022, making these the two largest industries for IoT spending. From an enterprise use case perspective, vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) solutions will experience the fastest spending growth (29% CAGR) over the forecast period, followed by traffic management and connected vehicle security.

The Worldwide Semiannual Internet of Things Spending Guide forecasts IoT spending for 14 technologies across 20 vertical industries in nine regions and 53 countries through 100 use cases. Unlike any other research in the industry, this comprehensive spending guide was designed to help vendors clearly understand the industry-specific opportunity for IoT technologies today.


Friday, May 25, 2018

Toshiba's microcontrollers certified for Mbed OS

Toshiba Electronic Devices & Storage Corporation has achieved Mbed OS for its microcontrollers. Two evaluation boards that integrate these microcontrollers have been released on the Arm Mbed site.

Mbed is a free, easy-to-use development environment. The online compiler provided by Arm can be used with evaluation boards supporting Mbed OS.

Key features:

  • Support for numerous applications with Cortex-M0 and Cortex-M4 based microcontrollers
  • TX00 general-purpose microcontrollers with USB support function and TX04 microcontrollers with security function extend product choices.
  • Support for a wide range of applications via Arduino-compatible connector
  • Applications can be developed quickly by connecting to a commercially available ArduinoShield board.
  • Support for IoT applications via Mbed
  • Using Mbed Cloud allows secure connection with web services.

Tuesday, May 15, 2018

Sigfox presents a multisensory IoT solution

Sigfox launched an end-to-end commercial IoT solution combining a multisensor device, a prebuilt application, and Sigfox connectivity. The device comes with 6 different sensors (thermometer, hygrometer, light meter, accelerometer, magnetometer, reed switch) and a central button for multiple use cases.

The device works in any of the 45 countries where the Sigfox has coverage and can be configured to communicate in multiple regions without need of any local network. Battery life can last up to 1-year depending on use and frequency of messages.

 Sigfox is a French company founded in 2009 that builds wireless networks to connect low-power objects such as electricity meters, industrial sensors, etc. Sigfox uses a unique technology for extreme energy efficiency in the remote sensor and which remains compatible with Bluetooth, GPS 2G/3G/4G, and WiFi. Over the years, Sigfox has expanded its network to over 45 countries. It now claims to serve around 803 million people, with the ambition of extending the network across 60 countries and regions and reaching 1 billion people in 2018. At Mobile World Congress, Telxius and Sigfox announced a deal to expand the Sigfox network in Germany to cover more than 80 percent of the country. This entails the deployment of Sigfox equipment on a number of the 2,350 telecom towers that Telxius acquired from Telef√≥nica Germany in early 2016. In addition, Sigfox can utilize further selected antenna locations of Telef√≥nica Germany for further expansion of its network. To reach complete network coverage across Germany requires only about 2,500 Sigfox base stations. Previously, Sigfox Germany has acquired masts and roofs for its base stations directly. Working with Telxius, enables Sigfox to accelerate the rollout of its network as it will no longer have to negotiate directly with property owners. If the Sigfox partnership in Germany is successful, Telxius certainly offers telecom masts in all of its other market for supporting a global IoT network.

Monday, May 7, 2018

Nokia acquires SpaceTime for IoT software

Nokia has acquired SpaceTime Insight, a start-up based in San Mateo, California with offices in Canada, UK, India, and Japan, specializing in IoT analytics. Financial terms were not disclosed.

SpaceTime Insight provides machine learning-powered analytics and IoT applications. Its machine learning models and other advanced analytics, designed specifically for asset-intensive industries, predict asset health with a high degree of accuracy and optimize related operations. The company said customers include some of the world's largest transportation, energy and utilities organizations, including Entergy, FedEx, NextEra Energy, Singapore Power and Union Pacific Railroad.

Nokia said the acquisition expands its Internet of Things (IoT) portfolio and IoT analytics capabilities, and accelerates the development of new IoT applications for key vertical markets.

Bhaskar Gorti, president of Nokia Software, said: "Adding SpaceTime to Nokia Software is a strong step forward in our strategy, and will help us deliver a new class of intelligent solutions to meet the demands of an increasingly interconnected world. Together, we can empower customers to realize the full value of their people, processes and assets, and enable them to deliver rich, world-class digital experiences."


Sunday, April 22, 2018

Alibaba acquires C-SKY Microsystems for embedded IoT CPUs

Alibaba has acquired Hangzhou Zhongtian Microsystem Co. (C-SKY Microsystems, a leading developer of embedded CPUs, for an undisclosed sum.

C-SKY, which was founded in 2001 and is based in Hangzhou's Hi-Tech Zone, offers a series of 32-bit "C-SKY" embedded CPU cores based on independent intellectual property rights. The chips are widely used in Internet of Things intelligent hardware, digital audio and video, information security, networking and communications, industrial control, and automotive electronics.


Wednesday, April 18, 2018

Orange and Siemens partner on Industrial IoT

Orange Business Services announced a partnership Siemens, the leading factory automation equipment provider, to drive the adoption of the Internet of Things (IoT) in the industrial sector by simplifying integration and promoting IoT innovation.

The initial focus will be to develop solutions around asset tracking and asset monitoring to optimize the supply chain and improve efficiencies, as well as to develop digitally enhanced products to increase customer satisfaction and create new business models.

Orange Business Services brings its global cellular connectivity, consulting, system integration and application development skills to the partnership. The alliance is built around Siemens’ MindSphere, the cloud-based open IoT operating system, and Datavenue, the Orange IoT and data analytics modular offering.

“We are delighted to partner with Siemens in the MindSphere Ecosystem in the industrial sector. By combining our strengths we are providing industrial enterprises with new opportunities to exploit their data and unleash the power of IoT to drive significant competitive advantage,” said Olivier Ondet, Senior Vice President, IoT and Analytics, Orange Business Services.

Sunday, March 25, 2018

Gartner: Worldwide IoT security spending to reach $1.5 billion in 2018

Worldwide spending on IoT security will reach $1.5 billion in 2018, a 28 percent increase from 2017 spending of $1.2 billion, according to Gartner.

Gartner predicts that through 2020, the biggest inhibitor to growth for IoT security will come from a lack of prioritization and implementation of security best practices and tools in IoT initiative planning. This will hamper the potential spend on IoT security by 80 percent.

Gartner is also predicting that by 2021 regulatory compliance will become the prime influencer for IoT security uptake, especially in industries such as finance and healthcare where critical infrastructure protection mandates will appear.

"In IoT initiatives, organizations often don't have control over the source and nature of the software and hardware being utilized by smart connected devices," said Ruggero Contu, research director at Gartner. "We expect to see demand for tools and services aimed at improving discovery and asset management, software and hardware security assessment, and penetration testing. In addition, organizations will look to increase their understanding of the implications of externalizing network connectivity. These factors will be the main drivers of spending growth for the forecast period with spending on IoT security expected to reach $3.1 billion in 2021 (see Table 1)."

IAR Systems acquires Secure Thingz

IAR Systems Group AB, based in Uppsala, Sweden agreed to acquire Secure Thingz, a provider of advanced security solutions for embedded systems in the Internet of Things (IoT).

IAR Systems, which already owned approximately 20 percent of the shares in Secure Thingz, will pay approximately 230 MSEK (US$27.9 million) for the remaining 80%. IAR will finance the acquisition either with support from a credit facility or by a directed share issue.

Secure Thingz, which is based in Cambridge, UK and with an office in San Jose, California, was founded in 2016 by staff from ARM. The company develops and sells products and services for implementation of embedded security in connected devices. The company has provided security solutions for the Renesas Synergy Platform through its Secure Deploy platform offerings. Secure Thingz is headed by Haydn Povey, who previously led Arm's strategy for security across mobile, enterprise and IoT domains. Before that, Haydn Povey led the development and introduction of the Arm Cortex-M microprocessor family, which now dominates the embedded and IoT-markets and whose large market impact enabled the rapid adoption of 32-bit microcontroller technology around the globe. Haydn Povey will continue to operate Secure Thingz as CEO.

In February 2018, IAR Systems and Secure Thingz introduced a jointly developed product called Embedded Trust that enables companies to safeguard intellectual property against overproduction and counterfeiting, manage software updates in a robust way, and protect end users from malware intrusion and theft or loss of data.

"With the increasing number of connected devices, our customers are facing new challenges. One of the major challenges is how to deliver secure products in a world where even minor failures can lead to major consequences," comments Stefan Skarin, CEO, IAR Systems. "As a first step, our customers need help mainly protecting themselves against overproduction and IP theft, and we are responding to this need with a new offering that provides possibilities to create modern workflow where security is included from start. The acquisition of Secure Thingz is a step in our increased ambition for future growth through new technology, new markets, new business models, and new relationships. It also secures our position as a frontrunner in a changing industry."

"We are very excited to become a part of the highly competent IAR Systems team," says Haydn Povey, CEO, Secure Thingz. "We have already established a smooth collaboration with the development of Embedded Trust, and our combined resources within technology, sales and customer support will enable us to accelerate the development of the innovative security solutions that the digital products market so desperately needs."

Tuesday, March 20, 2018

FogHorn partners with Google Cloud for Industrial IoT

FogHorn Systems, a start-up based in Mountain View, California, announced a collaboration with Google Cloud IoT Core to simplify the deployment and maximize the business impact of Industrial IoT (IIoT) applications.

FogHorn has built a complex event processing (CEP) - driven edge analytics software for on-premises edge computing. The software has a very small footprint enabling it to deliver real-time analytics to resource-constrained edge devices such as PLCs, gateways and industrial PCs. FogHorn recently enhanced its CEP platform with a new "Lightning ML" edge machine learning solution that can be used to train and execute machine learning algorithms and other advanced data science models on streaming sensor data. FogHorn says this facilitates the creation and iterative enhancement of “digital twins” and other sophisticated machine learning and AI models without the need to send all the sensor data to a cloud or data center for processing.

Under the partnership with Google, FogHorn’s edge analytics and machine learning platform will be integrated with Google Cloud IoT Core, which is a fully managed service that for connecting, managing, and ingesting data from globally dispersed devices.

“Cloud IoT Core simply and securely brings the power of Google Cloud’s world-class data infrastructure capabilities to the IIoT market,” said Antony Passemard, Head of IoT Product Management at Google Cloud. “By combining industry-leading edge intelligence from FogHorn, we’ve created a fully-integrated edge and cloud solution that maximizes the insights gained from every IoT device. We think it’s a very powerful combination at exactly the right time.”

"Our integration with Google Cloud harmonizes the workload and creates new efficiencies from the edge to the cloud across a range of dimensions,” said David King, CEO at FogHorn. “This approach simplifies the rollout of innovative, outcome-based IIoT initiatives to improve organizations’ competitive edge globally, and we are thrilled to bring this collaboration to market with Google Cloud.”

 FogHorn raises $30M for industrial IoT edge computing
FogHorn Systems, a start-up based in Mountain View, California, announced $30 million in Series B funding for its software stack designed for the industrial IoT (IIoT) edge computing segment.

FogHorn has built a complex event processing (CEP) - driven edge analytics software for on-premises edge computing. The software has a very small footprint enabling it to deliver real-time analytics to resource-constrained edge devices such as PLCs, gateways and industrial PCs. FogHorn recently enhanced its CEP platform with a new "Lightning ML" edge machine learning solution that can be used to train and execute machine learning algorithms and other advanced data science models on streaming sensor data. FogHorn says this facilitates the creation and iterative enhancement of “digital twins” and other sophisticated machine learning and AI models without the need to send all the sensor data to a cloud or data center for processing.

FogHorn's “edge intelligence” software targets industrial and commercial IoT application, such as complex machinery packed with sensors. For performance and cost reasons, FogHorn argues data from industrial equipment mostly should be processed locally and not sent to a distant cloud. On-premises computing provides better latency for near real-time feedback. It can also minimize the volume of data to be uploaded to the cloud. FogHorn's software is being used by OEMs and systems integrators. The company is also working directly with end customers in manufacturing, oil and gas, power and water, transportation, renewable energy, mining and agriculture, as well as Smart Building, Smart City and connected vehicle applications.

The new funding round was led by Intel Capital and Saudi Aramco Energy Ventures with new investor Honeywell Ventures and all previous investors participating, including Series A investors March Capital Partners, GE Ventures, Dell Technologies Capital, Robert Bosch Venture Capital, Yokogawa Electric Corporation, Darling Ventures and seed investor The Hive. The company has raised $47.5 million to date.

See also