On February 22nd, Brambles announced the establishment of BXB Digital, a team based in Silicon Valley and led by Prasad Srinivasamurthy. The team’s purpose will be to investigate and implement industrial Internet of Things technology into the company’s assets, which include over 500M pieces of unit-load equipment.
Brambles is an Australian company and one of the most highly valuated stocks on the Australian Securities exchange. The company specializes in supply-chain logistics and has operations in over 60 countries across 4 continents, with the most significant regions being North America and Western Europe. The company primarily operates through its CHEP and IFCO brands.
Mr. Srinivasamurthy is uniquely suited to his leadership role in BXB Digital, having served as Senior Vice President, Customer Innovation & Internet of Things for SAP, a leading global enterprise software company.
By integrating IoT technology into its already vast network, Bramble hopes to gather important data which, once analyzed, can be used to implement countless optimizations to its various supply chains.
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Telit is collaborating with Yokogawa, a global leader in the industrial automation and control, test and measurement, aviation, and other business segments, on a brand new Industrial Internet of Things architecture created with the goal of propelling Yokogawa’s business model into a connected future. By combining Telit’s robust technological portfolio of communication modules, sensor onboarding, and device management capabilities with Yokogawa’s 100+ years of experience in providing devices, analytical instruments, and other industrial solutions, Yokogawa will be able to create new value for its customers.
Telit will contribute three critical components to the Yokogawa IIoT Architecture: A broad portfolio of wireless IoT communication modules whose common form factors necessitate only one hardware design per global deployment, a diverse collection of industrial drivers and edge analytics which enable a robust sensor onboarding capability, and powerful connectivity and device management capabilities.
Through collaboration with Telit, Yokogawa will be able to provide an end-to-end sensor to cloud solution composed of sensing, control, and cloud-based processing. Telit’s cloud platform will act as an industrial-class device on-ramp to Yokogawa’s managed cloud architecture, ensuring bi-directional device compatibility and control with a host of industrial sensors. Telit offers seamless remote device management capabilities including configuration, provisioning, and updating using ad-hoc or custom schedules applied to infinitely customizable groups of devices. Telit technologies integrate seamlessly to Yokogawa’s managed cloud architecture, enabling hyper-scale ingestion of millions of events from industrial assets and devices.
Commenting on this initiative, Tsuyoshi Abe, a Yokogawa vice president and head of the company’s Marketing Headquarters, emphasized the following: “For its 100th anniversary in 2015, Yokogawa came up with Co-innovating tomorrow as its new corporate brand slogan. Accordingly, we are making efforts to develop new solutions and create new value in collaboration with our customers and partners.” He went on to say, “Telit’s expertise in the Industrial Internet of Things segment combined with their outstanding portfolio of Internet of Things technology will allow us to accelerate our development of services. This added agility is exactly what we need to create that value.”
“The Internet of Things has a tremendous ability to transform businesses and industries,” said Fred Yentz, CEO of Telit IoT Platforms. “Telit is working with forward-looking and innovative organizations around the world to harness that potential. To that end, I would like to thank Yokogawa for their trust in Telit to help drive the spirit of co-innovation into their business and the industry.”
Yokogawa and Telit will hold a joint presentation on their Industrial Internet of Things collaboration at Telit IoT Innovation and the IoT Evolution Expo, both occurring February 7th through the 10th in Ft. Lauderdale, Florida.
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R/GA Ventures has selected ten companies that will participate in its first ever UK-based venture program, the R/GA IoT Venture Studio UK. The companies include a diverse mix of the next generation of entrepreneurs and startups that are using Internet of Things technology to transform everything from food waste to board games. Launched in collaboration with Innovate UK, the UK Government’s innovation agency, the program officially starts today and is to be housed at R/GA London’s new connected headquarters. Participating companies in the R/GA IoT Venture Studio UK Program are:
- Den is building the next generation of light switches and plug sockets, for the world.
- DigiSEq is the global standard for delivering payment, access, loyalty, and guaranteed provenance to the Internet of Things and into the world of traditional manufacturing.
- Flock provides pay-as-you-fly insurance for drones.
- Hoxton Analytics offers privacy-conscious in-store analytics which counts and profiles people based on their shoes.
- Iota Labs automates smart home devices using accurate indoor positioning.
- KG Protech provides a hardware-enabled software solution for the next generation of automotive training.
- ScreenCloud makes it super simple for a business to turn any screen into a digital sign. They believe that as consumer hardware is now of commercial grade it is more important that customers get to use fantastic software at affordable prices and that our attention shifts towards compelling content and away from the big black boxes showing it.
- Sensible Object makes games that combine beautiful things, custom hardware and digital apps into new kinds of play.
- Snaptivity is an innovative robo-camera infrastructure that drives fan engagement at live Sporting & Music events by capturing the emotions and reactions of ecstatic, scarf-waving and hi-fiving fans.
- Winnow is on a mission to prevent food waste. They believe that food is too valuable to be wasted and that technology can transform the way we make food.
All companies will have access to resources from R/GA for the duration of the program, as well as input and collaboration from mentors, clients and partners of R/GA. The program will emphasize opportunities for business development, pilots, and partnerships, and will enable the companies to develop and grow new business models and technologies that will drive disruption using IoT.
This program will build on the innovative format of the previous R/GA Venture Programs by focusing on both growth-stage and early-stage companies and immediate business opportunities designed to create a path to category leadership and scale. As with all R/GA Ventures programs, R/GA will provide the selected startups with direct access to its award-winning business transformation, strategic marketing, branding, design and technology services, as well as access to its network of clients, industry partners, global brand leaders, mentors and investors.
Also joining the program as Entrepreneur in Residence is Jon Bradford, founding partner of Motive, cofounder of F6S and previously MD at TechStars London, who brings with him deep expertise and a broad network to support the companies.
“R/GA looks forward to working collaboratively and closely with the ten companies in order to help create real momentum for each of them in their respective markets,” said Stephen Plumlee, Global Chief Operating Officer, R/GA and Managing Partner of R/GA Ventures. “As this is R/GA’s first ever IoT Venture Studio to be housed in London, we’re delighted that nine of the chosen start-ups are UK based.”
“These startups are bringing the disruptive and refreshing power of the internet to the real world. They show us that Internet of Things technologies are now mature, and ready for business,” said Matt Webb, managing director of the R/GA IoT Venture Studio UK. “We look forward to welcoming investors, any interested corporates, and R/GA clients to the Venture Studio, to explore partnerships and to get a glimpse of the future.”
The program will conclude on May 4th with invite-only demo event at which each startup will present to industry leaders, partners, and customers from the technology and innovation community.
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Chances are your small business already uses Internet of Things technology for day-to-day tasks. Smartphones, for instance, have become a standard tool for any businessperson to stay on top of emails, projects, finances, and processes. And now, IoT and cloud networks provide seamless interaction between managers and employees with smartphones, computers, and IoT hardware to […]
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PTC announced that Etisalat Digital, the newly established business unit of Etisalat, one of the leading telecommunications providers in the Middle East, North Africa, and Asia, has chosen the ThingWorx® Internet of Things (IoT) platform to develop IoT solutions in the United Arab Emirates and across the Middle East region to capitalize on the growing IoT opportunity in the Middle East region. The agreement enables PTC to extend ThingWorx into a new market and further position itself as a global leader of IoT enablement for the world’s leading companies.
ThingWorx will serve as the platform on which Etisalat Digital will build its new solutions for markets that include smart industry, smart buildings and cities, and fleet management. PTC’s open cloud platform architecture will enable Etisalat Digital to build a comprehensive ecosystem of IoT partners and solutions.
“Working with Etisalat further illustrates the importance of building an Internet of Things strategy around a robust platform that enables customers to seamlessly integrate the components that lead to IoT success,” said John Stuart, divisional vice president, global sales and partners, PTC. “With this agreement, PTC expands its technology into another new region, further demonstrating the potential for ThingWorx to be at the heart of IoT innovation around the globe.”
“The Internet of Things holds significant potential in the Middle East region and we believe it will be a major component of growth in the digital solutions ecosystem,” said Francisco Salcedo, senior vice president of digital solutions, Etisalat. “Collaborations like this one with PTC enable Etisalat to provide an array of solutions and strengthen Etisalat’s position as a leader in the IoT space, capitalizing on the opportunities in the region.”
ThingWorx, the centerpiece of PTC’s Internet of Things technology portfolio, is comprised of a rapid application development platform, connectivity, machine learning capabilities, augmented reality, and integration with leading device clouds. These capabilities combine to deliver a comprehensive IoT technology stack that enables companies to securely connect assets, quickly create applications, and innovate new ways to capture value.
Visit www.ptc.com to find out more information and news.
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