AsiaIndustry NewsTrends in IoT
November 8, 2016

Qualcomm Signed MOU with Taiwanese Government

On November 7th, smartphone chip designer Qualcomm signed a Memorandum of Understanding (MOU) with the Ministry of Economic Affairs (MOEA), R.O.C. Under the memorandum, Qualcomm will cooperate with the Taiwanese government on 5G communication and IoT development. Through further cooperation with Qualcomm, Taiwan is expected to take advantage of the U.S. firm’s advanced technology to strengthen the country’s innovative capabilities and accelerate its pace in these areas, said Jong-Chin Shen, the Deputy Minister of the…
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Industry News
October 5, 2016

Smart Home Market Encounters Bottleneck

According to a recent report from Beecham Research, “Smart Home Market - Current Status, Consumption, Trends and Future Directions,” smart home products are still considered overpriced and uninteresting by most consumers. The issues are most consumers are not aware of the poorly marketed products and their benefits, and that interoperability is missing among different products. Some are worried about data privacy as well. Senior analyst and author of the report, Olena Kaplan, mentioned that a…
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Industry News
October 5, 2016

IBM Betting Big on IoT in Europe

IBM is investing US$200 million in the headquarter of its Watson IoT division in Munich. It will be one of the biggest investment it has ever made in Europe. Faced with the rising demand for AI technologies and the capacity to connect everything to the internet, Big Blue will spend most of the money on setting up collaboration centers with its clients. In these hands-on labs, clients can work closely with researchers, engineers, developers and…
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Industry News
September 21, 2016

Mysterious IoT Startup Raised $12 Million

Brava is the latest company to raise funds in IoT. However, there’s not much information disclosed about this newborn. The following is all we’ve learned so far. On Brava’s website, it simply says, “We are an IoT and domestic automation company that integrates technology and design to enable joyful experiences in the home -- starting with the kitchen.” San Francisco-based venture capital firm, True Ventures, has led a US$12 million Series A round in the…
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Industry News
September 21, 2016

Citywide, Free-to-Use IoT Network Launched in London

The British government just made London smarter. Digital Catapult, partially funded by the British government, has launched a citywide and free-to-use IoT network in London. “We aim to roll Things Conneted out to help remove the barriers to IoT technology for businesses and create new revenue opportunities for entrepreneurs,” said Jeremy Silver, Digital Catapult’s CEO. Things Connected is comprised of 50 LoRaWan base stations to which users will be able to connect for free. If…
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Industry News
September 20, 2016

IoT Takes Retail to the Next Level

According to Grand View Research, the global connected retail market size was estimated at US$11.17 billion in 2014, and is expected to reach US$53.75 billion by 2022, largely thanks to increase in the number of IoT applications. IoT has made its way into retail stores. Take beacon for example. The moment a customer steps into a shop, it helps retailers automatically send notifications of discount to the customer’s smartphone. Another application of the IoT technology…
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Industry News
September 19, 2016

IBM’s Watson IoT on Drones

IBM has agreed on a deal with the Dutch drone maker Aerialtronics. IBM’s Watson IoT technology interacts with complex and unstructured data input from devices. The deal was made to bring Watson IoT technology to unmanned aircraft, and complete tasks that are done by humans for now. For starters, the two target cell tower maintenance market. Instead of sending humans to laboriously climb towers and report back, drones are expected to conduct the inspection. Adding IBM’s…
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Industry News
September 19, 2016

Freight Farms: Introducing a New Way of Farming

Freight Farms, best known for inventing the “shipping container farms”, is aiming to further simplify the farming process. With a vision to minimize the time required only to necessary actions, Freight Farms’ next goal is to simplify the farming process to planting, monitoring and harvesting. Farmers can order supplies directly from Freight Farms. Then, the system will automatically monitor and control the amount of nutrients used, since it knows exactly how the plants are growing.…
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Industry News
September 16, 2016

Verizon’s Latest Move in IoT

Verizon has been very active in the IoT market these days. On Monday, Verizon announced their acquisition of Sensity Systems. Terms of the deal were not disclosed, but rumor has it that the deal will be closed in the fourth quarter this year. The Sunnyvale-based startup aims at capturing and transmitting real-time data by embedding networking technology and sensors within LED luminaries. It has raised US$74 million in venture funding. General Electric, Cisco Systems and…
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Industry News
September 14, 2016

IoT Adoption at Whirlpool

IoT technology is largely employed on home appliances. Whirlpool, as home appliances giant, is putting effort into making the best use of it. The following are extracted from a recent interview between Michael Heim, CIO (Chief Information Officer) of Whirlpool Corporation, and Forum on World Class IT. According to Heim, Whirlpool sees tremendous opportunity in IoT technology since it gives them a better glance at their products. One of the biggest internal problem often faced by their call…
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