Industry News

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. At the end, farmers receive…

Fintech, the abbreviation of Financial Technology, has been a buzzword in recent years. The main concept of fintech is about how technologies can make financial services more convenient and efficient. There have been many startups focusing on developing fintech-related applications, and many of the major banks have also been trying to jump on the bandwagon to stay competitive. IoT has stepped in the evolution of the banking industry and been taking on an important role.   Banks are innovating by…

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 other big names are also…

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 center is getting the model…

3D printing combines multiple stages of production to make the whole manufacturing process more automatic, efficient and cost-effective. Having said that, 3D printing technology can still be further enhanced with the introduction of IoT capabilities. According to a survey conducted by TATA Consultancy, manufacturing companies that have been making good use of IoT technologies saw an average of 28.5% increase in revenue between 2013 and 2014. IoT is helping the development of 3D printing businesses in a sense that its…

        Some of the farmers growing oysters along Tasmania’s waterways have been disturbed by the fact that a significant proportion of the oysters he’s been breeding died from Pacific Oyster Mortality Syndrome (POMS), causing them great financial losses. Evidence shows that POMS usually develops in a warm environment. Justin Goc, the manager of Barilla Bay Oysters, would like to find a way to solve this serious issue.         The IoT solutions offered by The Yield, an…

In China, Audi has been the number one luxury car brand by sales since 1988. As rivals teaming up with software specialists to compete on autonomy and connectivity, Audi decided to deepen collaboration with three Chinese tech giants in the world’s largest car market. The German car manufacturer announced yesterday to have signed letters of intent with Alibaba Group Holding Ltd., Baidu Inc. and Tencent Holdings Ltd. Under the agreement with Alibaba, the two will continue to develop the already-existing…

It’s been 15 years since 9/11. Terrorism has evolved and so have their techniques. Cyber security has become one of the greatest threats of all time. Jim Heppelmann, CEO of PTC, once said “It [IoT] is basically a new type of terrorism.” By 2020, the 50-billion internet connected devices can also be seen as 50 billion potential problems for the U.S. Department of Justice (DOJ). As the saying goes, “Same knife cuts bread and fingers.” In the wake of the…

          The annual Southern Africa Telecommunication Networks and Applications Conference (SATNAC) is Africa’s leading ICT conference in which approximately 400 delegates, who have student, academic or government representative statuses, come to discuss important advancements in information technology. This year, the 19th SATNAC started on September 4th and ended on September 7th. The theme was set to be “Broadband Evolution – Unlocking ‘The Internet of Things.’” It’s evident that IoT has been gaining momentum not only in…

Telit IoT Portal is a cloud-based IoT subscription service, powered by its deviceWISE IoT Platform. The do-it-yourself system provides customers with instant access to all the necessary tools for you to create and manage your own IoT solutions. Yesterday, the Italian IoT enabler announced a few favorable updates to their IoT Portal. Now, for example, users can search for a specific connected device more easily as the function is enhanced. Or, they can even switch between different network providers on…