IoT News

Stefan Lindvall, CEO of MultiTech

Stefan Lindvall appointed to LoRa Alliance board of directors

The LoRa Alliance, the global consortium supporting the open LoRaWAN standard for Internet of Things (IoT) low-power wide-area networks (LPWANs), announced on Tuesday that Stefan Lindvall, CEO of MultiTech, has joined its board of directors. His extensive experience and leadership in the IoT industry make him a valuable addition to the LoRa Alliance board.

Under his guidance, MultiTech has consistently demonstrated a commitment to advancing IoT technologies and promoting interoperability, aligning with the goals of the LoRa Alliance.

“IIoT is a huge, growing market actively leveraging robust, open and standards-based networking options suitable for large-scale deployments, like LoRaWAN,” says Donna Moore, CEO and chairwoman of the LoRa Alliance. “For many industrial use cases, LoRaWAN offers the best solution for reliable, secure, scalable and cost-effective communication. It can also be deployed as privately operated networks, a benefit for many customers.

Moore adds that LoRaWAN has become the global standard for low-bandwidth communication in industrial applications by continuing to support innovation, interoperability, security, and scalability. “I am pleased to welcome Stefan to the board to leverage his significant experience and expertise to support our ongoing leadership in this market.”

MultiTech’s addition to the board of directors comes as LoRaWAN’s use in IIoT is rapidly growing and the Alliance looks to strengthen awareness of the technology and its benefits to support industrial applications.

LoRaWAN is a key enabling technology driving the transformation into Industry 5.0 and its embrace of sustainability and humankind. LoRaWAN offers critical benefits like improving efficiency, safety, productivity, and workforce utilisation and satisfaction that will make Industry 5.0 a reality.

“MultiTech has been at the forefront of IoT LoRaWAN innovation, collaborating in the development of open ecosystems without customer lock-ins,” said Lindvall. “This board appointment is an affirmation of our belief in the future of LoRaWAN.”

Lindvall adds, “I am committed to actively contributing to the continued growth, education, awareness and thought leadership to drive the continued growth, standardisation and success of LoRaWAN.”

Read more

May 1, 2024

Posted by: Anna Ribeiro

Stacks of coins arranged in a bar graph, Saving money concept. 3D illustration

Trident IoT secures $10 million in funding

Trident IoT, a silicon provider and RF technology company focused on decreasing time-to-market for connected device manufacturers, has announced completion of a USD $10 million fundraising round. (more…)

Read more

April 15, 2024

Posted by: Magda Dabrowska

Business Corporate People Working Concept

HKW announces new partners to drive industrial and tech investment strategy

HKW has announced that it has hired Laurence Lederer and Devraj Roy as Partners. Based out of HKW’s New York City office, Lederer and Roy will seek to help drive forward HKW’s strategy of prioritising investments in basic industrial manufacturing, distribution and business services companies including IoT/telematic and tech-enabled businesses where innovation is driving growth in the middle market.

(more…)

Read more

April 2, 2024

Posted by: Magda Dabrowska

Shady image of a manager discussing business matters with her subordinates

Energous Corporation announces CEO Cesar Johnston steps down

Energous Corporation has announced that Cesar Johnston is no longer serving in his role as the president and CEO of Energous, effective immediately. The Board of Directors has initiated a search to identify a permanent successor. He will remain on the Company’s Board of Directors. (more…)

Read more

March 27, 2024

Posted by: Magda Dabrowska

Close up of crystal globe resting on grass in a forest - environment concept

u-blox advances sustainability goals with 2023 report

u-blox has taken an important step forward on its sustainability programme and published its 2023 Sustainability Report in accordance with the Global Reporting Initiative (GRI) Standards.

Sustainability is an integral part of u-blox strategy. Reporting in accordance with GRI Standards is an important step for u-blox as it helps to efficiently inform about u-blox’s sustainability activities and approach to environmental, social and governance (ESG) activities.

Based on a materiality assessment, u-blox has identified a roadmap to reach its targets based on five focus areas:

•    Business ethics, privacy and data security
•    People and communities
•    Environmental responsibility
•    Responsible supply chain
•    u-blox innovations

u-blox has set specific environmental, social and governance short, medium and long-term targets based on measurable performance indicators for each pillar.

u-blox estimates that its technologies positively impact 13 out of 17 UN SDGs. The company added a new pillar and target to its sustainability strategy in 2023 to shape the social and environmental impact of its innovations. Consequently, u-blox has set a target to assess their product portfolio of modules and chips for their contribution to the SDGs by the end of 2025.

Stephan Zizala, the chief executive officer of u-blox, said, “Sustainability is an integral part of our strategy, and applications contributing to sustainability are major growth drivers for u-blox. We are fortunate to be able to create solutions that make the world a better place. The u-blox Sustainability Report for 2023 shows our contribution and our measurable targets for a more sustainable future.”

Comment on this article below or via X @IoTGN

Read more

March 15, 2024

Posted by: Magda Dabrowska

Delivery drone, Autonomous delivery robot, Business air transportation concept. 3D illustration

Tele2 and foodora introduce 5G-connected drone deliveries in Sweden

Tele2 AB (“Tele2”) and the q-trade platform foodora have announced that they will launch food deliveries using IoT and 5G connected drones. The deliveries will be made wherever possible to the customers’ property or garden and lowered with a cable from the drone, with the first deliveries taking place already in the spring on Värmdö, outside Stockholm. (more…)

Read more

March 14, 2024

Posted by: Magda Dabrowska

Two confident business man shaking hands during a meeting in the office, success, dealing, greeting and partner concept

WISeKey boosts web 3.0 transition with new VP appointment

WISeKey International Holding has announced the appointment of Jonathan LLamas as VP Decentralised Strategy, effective March 6, 2024. Mr. LLamas joins the team to lead the Company’s ambitions towards its strategic Web 3.0 transition. (more…)

Read more

March 11, 2024

Posted by: Magda Dabrowska

Patented Brand Identity License Product Copyright Concept

Fractus settles patent litigation with Vivint

Fractus has announced the settlement of its patent litigation with Vivint. This resolution serves as a moment for Fractus, highlighting the applicability of its technology beyond the mobile phone industry and into the growing Internet of Things (IoT) market. (more…)

Read more

February 20, 2024

Posted by: Magda Dabrowska

Close-up of business objects at workplace on background of office workers interacting

Emnify appoints tech executive Lynda Smith to its board of directors

Emnify has welcomed technology executive, Lynda Smith, to its board of directors. Smith’s distinguished career includes leadership roles at Twilio and Nuance, board positions at Fictiv and Clickatell, complemented by her academic role as an adjunct lecturer at Stanford University. (more…)

Read more

February 1, 2024

Posted by: Magda Dabrowska

business concept with graphic holography

ADI welcomes Rich Puccio as chief financial officer

Analog Devices, Inc. has announced that Richard C. Puccio, Jr. will join the company on February 5, 2024 as executive vice president and chief financial officer. In this role, Mr. Puccio will set ADI’s financial strategy and lead the company’s global finance operations. Mr. Puccio will report to CEO and chair Vincent Roche.

​“Rich brings tremendous experience and capability from his more than three decades of leading financial advisory and high-growth business operations activities in complex technology sectors, and this makes him a great addition to ADI’s leadership team. We welcome Rich’s sharp business acumen to enable ADI to accelerate the effectiveness of our operations in a world of increasing opportunity and complexity,” said Vincent Roche, ADI’s CEO and chair. “I would also like to thank Jim Mollica for his partnership and contribution as interim CFO, and I look forward to Jim’s continued leadership in ADI’s finance organization.”

Mr. Puccio joins ADI from Amazon Web Services (AWS) where he served as CFO. In his role at AWS, Mr. Puccio partnered closely with the business to manage more than 200 fully featured services, including compute, storage, databases, robotics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile and security, among many other technologies. Prior to his role at AWS, Mr. Puccio was at PricewaterhouseCoopers (PwC) for nearly 29 years, where he served as a partner for over two decades. During his tenure at PwC, Mr. Puccio primarily served clients in the global technology, semiconductor and semiconductor capital equipment industries.

“With its innovative spirit, amazing talent and dedication to enriching lives and the world around us, ADI has exceptionally strong growth potential. I’m delighted to be joining ADI as the company’s new CFO and look forward to bringing my digital, software, and platform experience to the company as we play an increasingly important role in creating the Intelligent Edge and driving new levels of shareholder value,” said Richard C. Puccio.

Richard Puccio earned his AB in Economics from Harvard University and his MBA from Boston University.

Comment on this article below or via X @IoTGN

Read more

January 26, 2024

Posted by: Magda Dabrowska