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GSMA mobile IoT initiative helping operators target european connected energy market worth US$26 bn

By Zenobia Hedge

The GSMA announced that mobile operators deploying new Mobile IoT networks will be able to benefit from the European connected energy market estimated to be worth US$26 billion(€21.99 billion) by 2026. Data shared by analyst house Machina Research highlights the huge growth opportunity in the emerging connected energy market that could connect approximately 158 million new smart meters on LPWA networks across Europe. The total number of connections in Europe could be further increased if the 60 million cellular connections are also included with LPWA.

“The Internet of Things is fundamentally disrupting the smart utility market by providing ubiquitous connectivity and real-time, actionable data. Mobile IoT networks will take this further by offering energy providers a cost-effective solution to connect millions of smart meters,” said Alex Sinclair, chief technology officer, GSMA.

“There is a real sense of momentum behind the roll-out of Mobile IoT networks with multiple global launches, however, there is still a huge runway for growth. We encourage operators to act now to capitalise on this clear market opportunity and further accelerate the development of the IoT.”

The current connected energy market, which includes applications related to the generation and transportation of energy, microgeneration, smart grid and distribution monitoring and smart metering, is worth an estimated US$11.7 billion(€9.90 billion). The European connected energy market represents approximately 21% of all global revenues, with APAC claiming 54% and the Americas 21%.

The European Commission recently published a proposal indicating that approximately 200 million electricity smart meters and 45 million gas meters will be rolled out by 2020. The Commission also estimates that by 2020, approximately 72% of Europeans customers will have a smart meter for electricity and about 40% for gas.

“In the coming years we will see an important change in the way natural gas networks operate. The need for more efficient operations, improved safety and better quality of service will be paramount and we can do this through the roll-out of smart gas metering systems. We are moving towards the digitalisation of gas networks, a transformation from “pipe-centric” systems to “data-centric” systems.

To make this happen, reliable communication means are a must and the arrival of NB-IoT and LTE-M represents an acceleration of this evolution. These new technologies offer everything necessary, such as long battery life, penetration and data security, as well as licensed spectrum,” commented Gianfranco De Feo, executive director, Shanghai Fiorentini Ltd.

Mobile IoT networks supporting growth of connected energy

Mobile IoT networks are designed to support mass-market IoT applications across a wide variety of use cases including connected energy solutions such as water and gas metering, smart grids, electricity and energy monitoring. They support IoT applications that are low-cost, use low data rates, require long battery lives and often operate in remote and hard to reach locations making them ideal for the connected energy sector.

Mobile networks are already supporting the smart electric metering market, but now other sectors such as water and gas metering are turning their attention to the benefits of adopting NB-IoT and LTE-M networks due to low power and better […]

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Dataiku and Keyrus UK partner to build better artificial intelligence for companies

By Sheetal Kumbhar

Dataiku, the maker of the enterprise data science software platform Dataiku Data Science Studio (DSS), has announced a partnership in the UK with Keyrus, one of the world’s leading data consultancies.

The two companies have already engaged in successful partnerships in France and the US and have now agreed to partner in the UK to streamline the process of building data applications for some of the largest companies in the country.

As more and more data is being produced in almost every aspect of business, from online customer interactions to IoT data from industrial machinery, there is an opportunity for companies to generate meaningful insight from this data using the latest technologies in machine learning, AI and data science.

As a result, the leading and most competitive companies, across every industry, are the ones who take advantage of this data to create powerful analytics applications that make business decisions based upon data.

Keyrus, a global organisation with 2700 employees and offices in 17 countries, is one of the world’s leading data consultancies, providing custom solutions that enable companies to unlock powerful insights about their products, customers, and business processes. They provide cutting edge data science expertise to some of the largest companies in the world, including L’Oréal, ABInBev, GMF, AXA, BNP Paribas, Carrefour, AT&T, Orange and Disneyland.

Santiago Castro

To better serve their UK customers and efficiently and effectively build data products with the most recent, cutting-edge technologies, they have announced a partnership in the UK with enterprise data science software maker and UK Enterprise startup of the year, Dataiku. A company that also just announced a new 21.5 million pound Series B fundraising round to grow their global operations and expand heavily in the UK.

“As a result of this partnership our clients can now benefit from a unique joint value proposition” said Santiago Castro, head of Strategy at Keyrus UK. “Joining Keyrus Management Transformation offering with DSS platform will help customers accelerate their digital transformation by democratising AI for the citizens, while facilitating collaboration of various communities of Data Scientists, business analysts and IT who can jointly work, innovate, share understandings and insights in a common platform”.

The two companies have already successfully partnered in France and the United States to streamline the process of building data science applications for some of the largest companies in those markets.

“We are very excited to announce this partnership with Keyrus UK and help them provide data innovation to their customers in the UK,” said Jennifer Roubaud, VP of UK and Ireland with head UK of Dataiku. “This synergy aligns perfectly with our goals of partnering with leading innovators in the UK to build strong relationships and powerful products that help companies become data driven. We are excited to work with them and contribute to the local community of innovation and continue providing incredible solutions to our customers.”

Jennifer Roubaud

Dataiku is the maker of the all-in-one enterprise platform, Dataiku Data Science Studio (DSS), an advanced analytics software solution that enables companies to build and deliver data products more efficiently. […]

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Enterprises Warming to IoT According to Everest Group Research

Industrial IoT offers faster return on investment for global service providers striving to meet enterprise demand

(PRWeb August 21, 2017)

Read the full story at http://www.prweb.com/releases/2017/08/prweb14612891.htm

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Internet of Banking and Payments

By IoT Now Magazine

Event date: November 21 – 23, 2017 Canary Wharf London, UK PSD2 will fundamentally change the ways in which consumers will pay for items. For banks, it will open the door to a wave of competitors, require a lot of investment and has the potential to reduce revenue streams. However, Open Banking more broadly is […]

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IoT Slam Live 2017

By IoT Now Magazine

Event date: June 21 – 22, 2017 North Carolina, USA The IoT Slam® Live, an IoT Slam® production, is the Internet of Things Community’s fifth international IoT conference and its inaugural live in-person event, covering standards, interoperability, open source, integration, security, infrastructure, business models, research, innovation, best practices, technology, industry implementation and compliance, from a […]

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Semtech Announces New Innovations from Second-Annual Startup Weekend Ventura County

By IoT – Internet of Things

Semtech Corporation saw its LoRa® devices and wireless RF technology (LoRa Technology) and LinkCharge™ integrated in projects developed at the second annual Startup Weekend Ventura County on April 21-23, in Camarillo, Calif. The event focused on providing solutions to healthcare and agricultural challenges specific to the region, as well as stimulating the area’s startup community. Semtech […]

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Honeywell To Modernize 21 FAA Buildings, Boosting Operating Efficiency And Sustainability

By IoT – Internet of Things

21 Federal Aviation Administration (FAA)-operated facilities across the United States are undergoing a facility infrastructure modernization, with the help of Honeywell. The project will create 95 related jobs over the course of the program and is expected to help the FAA reduce the energy use in those facilities by nearly 10 percent. The project will […]

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Germany Wants G20 to Push for Worldwide High-Speed Internet by 2025

By Reuters

Germany wants to use its presidency of the Group of 20 major economies to promote fast internet for all, agree common technical standards and promote lifelong digital learning, Economy Minister Brigitte Zypries said.

Zypries’ comments come ahead of a first meeting of G20 ministers responsible for digital policy later this week in Duesseldorf, ahead of a G20 summit chaired by Germany in July.

Germany wants the G20 to agree to a concrete plan, including rolling out fast internet across the globe by 2025.

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“The message must be: we are working together to make the opportunities of the digital revolution usable for all and to regulate it through a framework of rules,” Zypries said in emailed answers to questions from Reuters.

Zypries said Germany and Europe were in a good position to take a leading role in the development of the so-called Internet of Things (IoT), in which regular objects are connected to networks to send and receive data.

By 2020, 21 billion IoT devices will be in use worldwide, up from fewer than 5 billion last year, research firm Gartner has estimated. However, experts argue that the lack of global standards is stopping the sector reach its full potential.

Facebook Is Helping Germany Remove Internet Hate Speech

Zypries said she was not concerned that the U.S. government will not be represented at the minister level at the meeting in Germany, noting that the administration under new President Donald Trump was still filling hundreds of positions.

“In the end, it is not a matter of who is sitting at the table, but achieving a good and resilient result together,” she said.

Zypries reiterated her concerns about growing U.S. protectionism, noting that U.S. companies such as Alphabet’s Google, Facebook and Apple were leaders in digital products and services.

Germany’s Rocket Internet Falls Back to Earth

“They export their products and services very successfully in the world, also to Germany, and are reliant on free trade. The United States also needs our machines and products to build up American industry,” she said.

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