internet of things technology

IBM’s Watson IoT hits the skies with Aerialtronics drone deal

By Marc Ferranti

AI-powered drones soon will be everywhere, monitoring crowds at major events, checking out traffic patterns on busy roads, surveying disaster sites, and inspecting airplanes.

IBM is edging into this airborne safety and maintenance market early, with a deal to bring its Watson internet of things technology to unmanned aircraft systems built by Netherlands-based Aerialtronics.

Data captured by high-resolution drone camera lenses will be fed into IBM’s visual recognition application programming interfaces (APIs) and services on its Watson cognitive computing and Bluemix cloud-based analytics platforms.

The first market for the Aerialtronics drones is expected to be for cell tower maintenance. Instead of sending humans to laboriously climb towers and report back, inspection teams can deploy drones, which quickly gain a 360-degree overview, according to IBM. The visual recognition APIs can then analyze the images captured by the drone to detect problems like damaged cabling or equipment defects.

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Internet of Things Technology Market Worth 883.55 Billion USD by 2022

By IoT

IoT Application Technology Market

In the report “Internet of Things Technology Market by Hardware (Processor, Sensor, Connectivity Technology), Platform (Device Management Platform, Application Management Platform, Network Management Platform) Software Solutions, and Services, Application, and Geography – Forecast to 2022“, published by MarketsandMarkets, The IOT technology market size, in terms of value, is expected to grow from USD 130.33 Billion in 2015 to USD 883.55 Billion by 2022, at a CAGR of 32.4% between 2016 and 2022.

Increasing Internet connectivity, ever-increasing penetration of smartphones, tablets, and the rising demand for connected devices is driving the Internet of Things Technology Market. The increasing business demand for enhancing operation efficiency and cost-savings would make IoT a dominant model for organizations across verticals in the future.

The software solutions market expected to grow at the highest CAGR during the forecast period

The market for software solutions is expected to grow at the highest rate during the forecast period. The software solution segment includes real-time streaming analytics, network bandwidth management, remote monitoring system, security solution, and data management. Software solutions are designed to meet interoperability challenges that arise due to varied heterogeneous device, and to manage large volume of data and its security and privacy. Software solutions help in mitigating interoperability issues that create flexibility and help in various business functions.

Automotive and transportation application expected to hold the largest market share

The automotive and transportation application is expected to hold the largest share of the Internet of Things technology market by 2022. Automotive component suppliers across the globe as automobile manufacturers are investing in IoT to deliver the next generation of automobile vehicles and related services to their customers. The market for the consumer electronics application is expected to grow at a high rate between 2016 and 2022.

APAC expected to hold the largest market share by 2022 and witness highest growth during the forecast period

The APAC region is expected to hold the largest share by 2022 and experience the fastest growth in the Internet of Things technology market between 2016 and 2022. The market in APAC consists of developing economies such as China and India which have a huge potential for the applications of Internet of Things and Japan, an important player in the semiconductor component supplier worldwide. The APAC region is the most densely populated region. The demand for consumer devices is majorly driven by this region.

The major players in the Internet of Things technology market include Intel Corporation (U.S.), International Business Machines Corp. (U.S.), Cisco Systems (U.S.), NXP Semiconductors N.V. (Netherlands), and General Electric Co. (U.S.) among others.

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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IoT.do Week in Review

By Cristian Sturek

An extremely busy week in the Internet of Things world! At IoT.do we want to make sure you are always up to date on everything IoT related:

Most people by now are fully aware of Tile, the tracking device that connects to your mobile device and helps you easily locate your keys, wallet, handbag, even your pet. In our IoT device list this week we’ve added the Chipolo Tracker & Selfie Remote, which offers something extra – for taking a selfie, use the device as a remote control and take the best photo ever!

Collaborate, connect, socialize and innovate with professionals from all around the world that have one thing in common: the Internet of Things and its never ending evolution. We openly invite all professionals to share their opinions and expertise with our community and take part in the IoT revolution. http://iot.do

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Arrow Electronics Inks Global Agreement for Cypress Semiconductor’s Newly Acquired IoT Portfolio

By IoT

Arrow Electronics, Inc. will distribute Cypress Semiconductor’s newly acquired Internet of Things portfolio, comprised of state-of-the-art Wi-Fi, Bluetooth and ZigBee RF technologies capable of connecting nearly every emerging product category in the IoT ecosystem—including home appliances, health and fitness monitors, automation and asset tracking systems, smart meters and an array of consumer electronics devices.

“We look forward to leveraging Arrow’s technical, marketing, sales and logistics expertise to enhance Cypress’ already-sizeable footptrint in the fast-growing IoT market,” said Kamal Haddad, senior director of worldwide distribution sales at Cypress. “Our expanded relationship with Arrow will help us reach new customers and verticals that are driving exciting new connected technologies forward.”

In addition to distributing Cypress’ new portfolio of advanced, ultra-low-power wireless communication technologies, Arrow will also help Cypress grow its newly acquired Wireless Internet Connectivity for Embedded Devices (WICED™) brand, which supports the development of Internet of Things devices from conception to production by providing forums, development kits and other information for customers, partners, programmers and other interested parties.

“Cypress’ IoT product portfolio and WICED offering align perfectly to Arrow’s go-to-market strategy—allowing us to bring the most comprehensive Internet of Things technology ecosystem in components and digital technologies to a diverse set of customers around the world,” said Aiden Mitchell, global vice president of Internet of Things sales at Arrow.

Arrow is helping customers in the industrial, retail, life-sciences and smart-cities sectors develop and bring seamless, comprehensive Internet of Things solutions to market. Arrow’s sensor-to-sunset full IoT-product-lifecycle capabilities—called eVolve—draw on the company’s core strengths in sensor and component distribution, enterprise computing and system integration. For startups and makers, Arrow’s broad IoT offerings include services specifically designed to help them advance from idea to product, quickly and cost-effectively.

For more information on Cypress Semiconductor products available through Arrow, please visit Arrow.com.

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Seluxit’s new WiFi stack to integrate AllJoyn technology

By IoT

“Seluxit has a clear agenda and will contribute concretely to the development of the AllJoyn Framework” said Philip DesAutels, senior director, IoT, AllSeen Alliance. “Like all of our members, they are focused on open-interoperability standards because they see it as a win for everybody.”

Seluxit has firmly established themselves as a highly qualified and important end-to-end Internet of Things technology vendor, most recently in conjunction with a smart-garden solution for Gardena of the Husqvarna Group. Seluxit has also been active in IoT standardization efforts notably with the IETF and W3C with a special focus on high-level semantic issues.

“Too much effort is spent on discussing the transport layer in discussions of IoT standardization. If we are ever to achieve true device interoperability, we need to focus on the application layer”, explains Daniel Lux, CEO of Seluxit.

The AllSeen Alliance shares exactly this conviction. The AllSeen Alliance is a consortium of major players in the Internet of Things and the product of their labor is the open-source AllJoyn Framework, which is continuing to solidify its placement as one of the strongest IoT standards at the application layer.

As a next step, Seluxit will adopt AllJoyn technology into their WiFi stack while contributing innovations to the code base, enabling Seluxit’s clients to become AllJoyn certified. The WiFi stack features low costs, high flexibility and low power usage. The stack integrates fully with Seluxit’s IoT platform, enabling on-the-fly and rules-based reconfiguration of devices using the easy and effective Lua programming language.

“The AllJoyn framework gets a lot of things right, but there is room for improvement”, explains Seluxit CEO Daniel Lux. “But since the project is open source, we’ll have the ability to have a voice about how it should be improved, and act on those convictions.”

For more information, please visit www.seluxit.com.

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Microsoft’s Solair acquisition could expand its Internet of Things services

By Blair Hanley Frank

Microsoft dove deeper into Internet of Things technology on Tuesday with the acquisition of Solair, an Italian company that operates a cloud-based IoT platform.

According to a Microsoft blog post, Solair’s technology will be used to upgrade the company’s Azure IoT Suite, a collection of cloud services meant to help companies use the Internet of Things.

Microsoft and Solair didn’t disclose the financial terms of their deal.

Solair’s technology, which already uses Microsoft’s Azure cloud services, offers IoT services focused on a variety of markets, including home automation, smart metering, remote maintenance and inventory management.

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Microsoft’s Solair acquisition could expand its IoT services

By Blair Hanley Frank

Microsoft dove deeper into Internet of Things technology on Tuesday with the acquisition of Solair, an Italian company that operates a cloud-based IoT platform.

According to a Microsoft blog post, Solair’s technology will be used to upgrade the company’s Azure IoT Suite, a collection of cloud services meant to help companies use the Internet of Things.

Microsoft and Solair didn’t disclose the financial terms of their deal.

Solair’s technology, which already uses Microsoft’s Azure cloud services, offers IoT services focused on a variety of markets, including home automation, smart metering, remote maintenance and inventory management.

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Davra Networks Launches 4 New IoT Certified Training Courses

By IoT

Davra Networks, an Intel and Cisco IoT partner and leading Industrial IoT Application Enablement Platform (AEP) Software Company, announced a joint partnership with Fast Lane, an IT Training Specialist with global reach to deliver 4 new Davra Certified IoT courses based on Davra’s award winning Internet of Things AEP Software Platform.

The industrial Internet of Things technology stack, from edge intelligence (fog), Data Collection, AEP, Analytics to Security is maturing. The next big inhibitor to widespread Internet of Things adoption in the industrial, enterprise and public sector markets is awareness and training.

“Davra Networks is one of the most mature IoT AEP software companies. They have concentrated on a horizontal AEP software platform with a core focus on the transportation and connected vehicle market. We are excited to be their exclusive Global Training Partner and are investing significantly in their platform training,” said Chuck Terrien, Fast Lane President – Americas.

“We have believed for years that the IoT industry could borrow best-practices from the IT industry to help increase IoT channel capacity and improve channel capabilities for technologists and sales executives,” says IoT analyst firm MachNation. “The Authorized Davra Training and Certification provided by FastLane is a great example of leadership in this endeavor.”

Brian McGlynn, President Davra networks stated, “Our talented engineering team has developed this platform with passion over the last 4 years and our commercialization team has developed the best possible global sales channel. It is now time to combine these two efforts and build out our sales awareness and training on a global level. I am 100% confident that Fast Lane is the right company to accomplish this and I am delighted and extremely excited about this synergetic partnership.”

At www.fastlaneus.com/davra-training you will find a description of the new curriculum made up of four new Davra Certifications and related courses focused on Account Managers, Sales Engineers, Solution Architects and AEP Developers. Enrollments are being taken immediately for the summer of 2016.

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Survey Shows That 43 Percent of Organizations Are Using or Plan to Implement the IoT in 2016

By IoT

The Internet of Things (IoT) will move toward mainstream adoption in 2016 for many industries, according to the findings of a recent survey by Gartner, Inc. The online survey was conducted in November 2015 among Gartner Research Circle Members and included responses from 465 IT and business professionals spanning 18 business sectors in North America, EMEA, Asia/Pacific and Latin America.

Although less than a third (29 percent) of responding organizations are currently using IoT, an additional 14 percent are planning to implement Internet of Things in the coming 12 months, with an additional 21 percent planning to implement after 2016. In other words, the number of organizations adopting Internet of Things will grow 50 percent in 2016, reaching 43 percent of organizations overall. In aggregate, the majority of organizations (64 percent) plan to eventually implement IoT. However, it is also important to note that another 38 percent have no plans to implement IoT, including 9 percent that see no relevance whatsoever in the technologies.

“While there is near universal acceptance of the importance of the IoT, less than a third of organizations surveyed were actively exploiting it,” said Chet Geschickter, research director at Gartner. “This is largely because of two reasons. The first set of hurdles are business-related. Many organizations have yet to establish a clear picture of what benefits the IoT can deliver, or have not yet invested the time to develop ideas for how to apply IoT to their business. The second set of hurdles are the organizations themselves. Many of the survey participants have insufficient expertise and staffing for IoT and lack clear leadership.”

Industry adoption also varies widely with heavy industries such as utilities, oil and gas, and manufacturing leading adoption, and service-oriented light or “weightless” industries lagging. Gartner estimates that slightly more than half (56 percent) of businesses in asset-intensive “heavy” industries will have implemented Internet of Things by the end of 2016, and approximately one-third (36 percent) of “light” or “weightless” will do so.

For those organizations that have already implemented Internet of Things, the focus has been on internal operational improvements over external customer-facing objectives. To date, the primary business case for Internet of Things is internally focused, namely improved efficiencies, cost savings and enhanced asset utilization (52 percent of total) versus the externally facing Internet of Things benefits of enhancing customer experience or increasing revenue (40 percent).

“However, we are poised for a marked shift in focus toward customer-facing benefits for planned IoT implementations, positioning IoT as a key competitive marketplace weapon going forward,” said Jim Tully, vice president and distinguished analyst at Gartner. “The survey shows a dramatic jump in focus on customer experience, doubling in nominal terms from 18 percent to 34 percent. This indicates that we can expect a much higher IoT focus on end customers during the next 12 months. In effect, IoT programs and processes will become competitive marketplace weapons starting in 2016.”

The survey found that the biggest Internet of Things technology challenges for those that have already implemented Internet of Things are cybersecurity, integration and managing business requirements. However, orchestration of workflows and processes looms as a major concern for those planning to implement Internet of Things.

“2016 will be a very big year for IoT adoption. We are starting to see a wide range of IoT use cases across virtually all industries. But, the big challenge now is demonstrating return on investment. Executives need to validate the contribution that IoT can make in order to justify large-scale rollouts,” said Mr. Geschickter.

For more information, visit www.gartner.com.

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Silver Spring Networks & Philips Accelerate Path to Smart Cities With New LED Street Lights Solution

By IoT

Silver Spring Networks, a networking leader for the Internet of Things (IoT), announced that it is developing a networked LED street lighting solution that will interoperate with the Philips Advance Xitanium SR driver for outdoor lighting, developed by Philips Lighting, a Royal Philips (NYSE: PHG, AEX, PHIA) company and global leader in lighting. The solution is expected to slash cost and complexity, simplify connected lighting, give customers expanded choice, and accelerate the path to smart cities for municipalities, utilities, transportation departments, and other street light network operators.

The new solution builds on the industry-leading Philips Advance Xitanium SR LED driver, which includes new capabilities to enable wireless systems for outdoor connected lighting, and Silver Spring’s IPv6-based Gen5 networking platform for large-scale wireless sensor networks. The solution includes an outdoor lighting control (OLC) from additional Silver Spring ecosystem partners based on the NEMA 7-pin socket for integration by OEMs into light fixtures. This will enable street light operators to leverage the industry’s latest Internet of Things technology and establish a platform for future smart city applications and services.

“As billions of devices become smaller and smarter, analytics and other applications move to the edge, and large-scale networks become cost-effective to deploy and manage, it is becoming increasingly apparent that intelligent outdoor lighting is a catalyst for broader IoT networks,” said Brandon Davito, Vice President of Smart Cities and Lighting, Silver Spring Networks. “With as much as 40% of a city’s energy budget consumed by public lighting networks, the shift to connected LEDs is an obvious path to energy efficiency, greater returns on civic spending, and improved livability. We are proud to utilize technology from a leader such as Philips to make it even easier to unlock these benefits for our customers and communities.”

The combination of connected LED lighting with an open standard, IPv6 networking platform helps cities, utilities, transportation departments, and other network operators dramatically lower energy consumption, improve operational performance, and improve public safety. For example, by making it easy, practical, and less costly to add sensing and wireless connectivity to every light fixture, utilities and cities can have their lighting system provide useful light-point specific data such as asset location, space use patterns, active management and control of energy usage, and remote dimming and illumination capabilities. Once the network canopy is in place, the operators can then reinvest the operational savings and add future IoT applications such as smart energy, water, and gas metering, EV charging, environmental sensing, smart transportation and traffic control systems, intelligent parking, and many others, using the street light network as the back-bone for these additional services.

“Silver Spring manages and operates some of the largest, outdoor critical infrastructure networks on the face of the earth,” Davito continued. “Networked street lights not only deliver immediate benefits such as lower energy consumption and safer roads, but are also the onramp to smart cities. Leveraging that investment for a city, state, or even country-wide network, operators can cost-effectively establish a multi-application network upon which a wide array of smart city applications and sensors can be connected in the future.”

To learn more, please visit www.silverspringnet.com. (Source: www.businesswire.com)

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