Press Releases

Total Resource Management, Inc. (TRM), a provider of enterprise asset management (EAM) and digital transformation advisory services, is proud to announce the acquisition of Aquitas Solutions, a trusted contributor in EAM and Internet of Things (IoT) solutions for asset-intensive industries.

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April 24, 2025

Posted by: Marion Webber

Borqs Technologies, Inc. has announced that it has completed the sale of its core businesses to Sasken Technologies, Ltd., a global product engineering and digital transformation services company based in India. Included in the sale were all of the Company’s embedded software design and customised hardware manufacturing of products for the Internet of Things (IoT) activities. Price for the sale totalled US$40 million, a portion will be reserved for employees, tax withholding and payments subject to an earnout arrangement linked to performance in the year 2025.

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April 16, 2025

Posted by: Marion Webber

FinTech Global, a specialist research firm, is set to host the highly-anticipated Global InsurTech Summit on April 30, 2025, bringing the InsurTech greatest innovators together.

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March 28, 2025

Posted by: Marion Webber

SG Wireless Limited, an Internet of Things (IoT) technology solutions provider, has announced the solidification of its partnership with parent company Season Group to provide customers with a comprehensive, one-stop solution for contract manufacturing of IoT device designs.

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March 13, 2025

Posted by: Marion Webber

During MWC Barcelona 2025, at the Huawei Electric Power Summit under the theme of “Thrive with Digital, Accelerate Electric Power Intelligence”, Huawei unveiled a collaborative platform for the IEEE P2413.2 PDIoT Reference Architecture Standards. Industry experts and leaders from international standards organisations shared their latest research findings and practices to drive digital transformation in the power sector.

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March 10, 2025

Posted by: Marion Webber

ClearBlade, a provider of Edge Artificial Intelligence (AI), Internet of Things (IoT) and connected digital twins software with the fastest Return on Investment (ROI), has announced that it achieved Google Cloud Premier level partner status in the Build engagement model.

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March 5, 2025

Posted by: Marion Webber

Myriota, a provider for secure, low-cost and long battery life satellite Internet of Things (IoT) connectivity, has announced their graduation from the Kingdom’s Communications, Space and Technology Commission (CST) Emerging Technologies Regulatory Sandbox program. The program is part of CST’s mission to increase regulatory maturity, accelerate digital transformation, and support solutions in collaboration with global and national entities.

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February 25, 2025

Posted by: Marion Webber

ECOER, an HVAC contributor in smart IoT technology, has announced a partnership with X-Signal Integrated Co. at the 2025 AHRI exhibition. This collaboration introduces the XP6101—the industry’s first digital multi-channel interleaved PFC controller—integrated into ECOER’s fourth-generation intelligent control system, setting new standards in HVAC performance, efficiency and digital transformation.

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February 21, 2025

Posted by: Marion Webber

Berg Insight has found in its latest research that around 14.7 million people in Europe were using connected care solutions at the end of 2024. The figure refers to users of telecare and telehealth solutions in the EU27+3 countries. Until 2028, Berg Insight forecasts that the number of connected care users will grow at a compound annual growth rate (CAGR) of 11.8 percent to reach 23.0 million.

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February 17, 2025

Posted by: Marion Webber

The LoRa Alliance, the global association of companies backing the open LoRaWAN standard for the internet of things (IoT) low-power wide-area networks (LPWANs), has issued its 2024 End of Year Report. The report provides a compilation of the LoRaWAN’s advances and LoRa Alliance achievements throughout the year that contributed to LoRaWAN emerging as the only LPWAN positioned to support Massive IoT. This year’s report also showcases LoRaWAN’s prominence as an essential and irreplaceable technology supporting global digital transformation.

Key trends identified in the report include:

• Industry analyst firm Omdia projects that LoRaWAN will help drive LPWAN connections beyond 3.5 billion by 2030, reinforcing its leadership position. As of June 2024, over 350 million end nodes and 6.9 million gateways with LoRa ICs have been deployed worldwide, further supporting the expansion of LoRaWAN networks.
• LoRa Alliance members are self-reporting strong growth during 2024. For example:
  • Actility reported 4M connected LoRaWAN devices with a CAGR of 50+%.
  • The Things Industries reported 2.7 million connected devices with 50% year-over-year growth; and
  • ZENNER reports more than 9 million devices have been deployed.
• Backed by continued enhancements to the LoRaWAN standard, non-terrestrial network (NTN) LoRaWAN connectivity is available from three commercial service providers, putting LoRaWAN ahead of competitive technologies in terms of NTN coverage.
• LoRaWAN continues to experience strong growth across private and enterprise deployments, with brands like Starbucks, Volvo, Chevron, Chick-fil-A, Logitech and many others using the technology.
• The Alliance has continued to strengthen and enhance its certification program to make it easier and more cost-effective to certify, including launching the LoRaWAN Web Certification System, enhancing the LoRaWAN Certification Test Tool and offering a new self-certification option.

“2024 was in many ways a watershed year for digital transformation and broad adoption of Internet of Things, which bridges the physical and digital worlds,” said Alper Yegin, the CEO of the LoRa Alliance. “We believe that digital transformation is necessary for humanity’s evolution, with immense potential to help people and the planet while driving economic growth. Over the past few years, LoRaWAN has cemented its position as a foundational and market-leading LPWAN technology. Backed by our global ecosystem, we are making Massive IoT a reality and are rapidly scaling deployments. The future is bright for LoRaWAN and as an Alliance we will remain focused on expanding our ecosystem, continuing to educate the market and build awareness, as well as ongoing technology enhancements to the standard to accelerate adoption.”

Additional highlights from the 2024 End of Year report include:

• Beecham Research issued three reports in 2024 about LoRaWAN adoption and use in Smart Cities, Smart Buildings and Smart Logistics, validating the standard’s strengths in these markets.
• The Alliance advanced several LoRaWAN standard publications, with work in progress on: GS1, device migration and device profile management, interface standardisation for gateways and application servers; relay enhancements, mobile gateway development, NTN satellite development, crypto-agility, and updated regional parameters and technical specifications.
• The Regulatory Working Group actively supported efforts to harmonise the regulation for satellites in the spectrum bands currently used by terrestrial LoRaWAN networks.
• The Alliance engaged on new work items and task forces to support using PKI for simplified device provisioning, plug-and-play device onboarding, low-power network discovery, network capacity and device and solution makers, all with the objective to make LoRaWAN easier to deploy.

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February 12, 2025

Posted by: Marion Webber