IoT in Numbers: Some Facts & Figures

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We all know that IoT is going to be (or has already become) the next big thing to change our daily life. For sure you’ve heard this tons of times, but don’t you wonder exactly how fast the industry is growing? Or, how many businesses out there are actually adopting this new technology? Here are some numerical information of the IoT industry we thought you might be interested in. How the industry is going to evolve into in the next…

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Amazon Debuted Instant-Order Buttons

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Amazon just launched its Dash buttons in the U.K., selling each for £4.99. With one push, customers can instantly make an order of the product linked to the specific button. The wireless button is one of Amazon’s many moves to lock customers into its Prime subscription service, threatening the place of the traditional supermarkets in a family. Dash buttons are powered by Amazon’s Dash Replenishment Service (DRS), which has been built into some household appliances. The debut of Dash buttons…

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TPG Invested $70 Million in C3 IoT

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C3 IoT (formerly C3 Energy) is a startup that provides business intelligence to clients, using its predictive analytics and machine learning software. Recently, Thomas Siebel, the CEO of C3 IoT, has raised $70 million for the company. C3 IoT started off targeting the energy industry and later expanded to the others. It collects data from internet-connected sensors, and then further analyze the information. C3 IoT’s predictive analytic applications enable businesses to create competitive advantage. TPG Capital is a leading investor…

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Retailers Have to Make Good Use of IoT Technologies to Stay Competitive

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Currently, IoT technologies are utilized by 50 percent of retailers to monitor customer behavior and gather related data, according to a research conducted by Tata Consultancy Services. It suggests that most of the players in retail industry have already realized how powerful IoT can be in terms of improving their daily operations. With IoT, retailers could manage stocks more efficiently as well as advance the customer experience. For example, smart shelves are able to detect the inventory level, making it…

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2016 Rio Olympic Games Might Be Remembered As the First IoT Olympics

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It can be difficult to have everyone agree that the 2016 Rio Olympic Games are the best ever in history; however, there is little doubt that the games should be well remembered as the first Olympics that widely adopted IoT technologies. Elly Resende, the CIO of 2016 Rio Olympics, said in an interview with RCR Wireless News that his team did bear a concept of “Internet of Things” in mind, considering the fact that they had deployed many sensors to…

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Intel vs. Qualcomm: Round 2 in IoT

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Intel and Qualcomm, long-time rival since the mobile internet era, are now competing over the fast-growing IoT market again. Intel, who has long been a chip supplier behind hardcore manufacturers, is making a major shift in its branding strategy and wants to be closer to the consumers. Intel has already started investing in its IoT Group, which implies that it eyes the group to be a major revenue driver in the future. Better off, in the recent Intel Developers Conference,…

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IoT to Be the Next Weapon to Dominate Wars?

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Information is King in wars. The Defense Advanced Research Projects Agency (DARPA) is reported to be funding the development of sensors and artificial intelligence to help the U.S. dominate battlefields. DARPA is a part of the U.S. Department of Defense and is responsible for quite some technologies we now take for granted. For instance, it played a big role in the development of the internet, GPS and more. Recently, DARPA has changed its direction towards breaking into enemies’ systems, stealing…

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Concerns That Are Worthy of Attention in IoT

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The number of IoT devices is foreseen to reach 24 billion by 2020. However, with all the benefits comes risk. More connected devices mean more entry points for hackers and cyber criminals. There are two main categories within this issue, security and privacy. According to Icontrol Networks’ 2015 State of the Smart Home Report, 90% of the consumers regard personal and family security as a top influential factor in purchasing a smart home system, similar to the results from previous years. As…

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INEX, Bringing New Clients to IoT Industry

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While we’re thinking IoT technologies are made for corporations with deep pockets, INEX IoT Impact LABS is spreading the benefits among smaller businesses. As a subsidiary of INEX Advisors, the Massachusetts-based IoT accelerator has been working with both the demand and supply sides. On one hand, INEX talks with various companies and organizations, creating and driving their interest in adopting new technology to boost operational efficiency. On the other hand, INEX goes through attempts made by tech startups, helps them…

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500 Startups Demo Day & VentureBeat Coverage!

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MoBagel is honored to be featured in VentureBeat’s article “8 of our favorite startups from 500 Startups’ 13th batch”! As highlighted in the article, MoBagel provides an advanced device management and analytics solution for hardware manufacturers and designers, just like how Google Analytics is the go-to tool for every web developers. After four months of intense training and mentorship at 500 Startups, MoBagel had a succesful performance at 500 Startups’ Demo Day and were swamped with investment opportunities. Here is…

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