Search Results

Search results for: global market

Tuya partners with T3 Technology to further develop southeast Asia’s IoT industry

19 August, 2022 – Tuya Smart, a IoT development platform service provider, and T3 Technology, a telecom solutions provider in Southeast Asia, announced a strategic partnership to further strengthen their cooperation and deliver innovative IoT products and services to Southeast Asian markets. (more…)

Read more

August 24, 2022

Posted by: Janmesh Chintankar

Aeris launches IoT readiness calculator to instantly determine enterprises’ level of preparedness when launching IoT projects

San Jose, CA. 23 August 2022 – Aeris, a global Internet of Things (IoT) solutions provider has announced the launch of the Aeris IoT Readiness Calculator, a free online tool to help determine enterprises’ level of preparedness for deploying IoT solutions. (more…)

Read more

Posted by: Shriya Raban

Gadbois appointed SVP and chief enterprise architect at iBASEt building complex product software solutions

iBASEt, a company that helps customers simplify how complex products are built and maintained, has announced that Michel Gadbois has been promoted to senior vice president (SVP) and chief enterprise architect. As SVP & chief enterprise architect, Gadbois will lead customer engagements helping to create successful paths to value from manufacturing, quality, and sustainment business transformations. (more…)

Read more

August 23, 2022

Posted by: Shriya Raban

Water management technology company Sensoterra raises €1mn to accelerate growth and expand product offering

Utrecht, the Netherlands, 16 August 2022 – Dutch water technology company Sensoterra announces a successful funding round with Future Food Fund, and the Regional Development Agency (ROM) Utrecht Region, specifically supporting the expansion of their water management smart soil sensors for agriculture and horticulture, smart city management, and water governance. (more…)

Read more

August 22, 2022

Posted by: Shriya Raban

Firebolt Group acquires Glimpse Analytics, strengthening its retail tracking solutions portfolio

Wixon, Mich., 18 August 2022 – Firebolt Group, a global smart sign manufacturer and data capture partner for the experience economy, has acquired Glimpse Analytics, an emerging AI analytics and computer-vision-based experience tracking platform for the physical world. (more…)

Read more

Posted by: Shriya Raban

ABB to acquire Siemens low voltage NEMA motor business

Zurich, Switzerland – ABB announced it has signed an agreement to purchase Siemens’ low voltage NEMA motor business. With manufacturing operations in Guadalajara, Mexico, this acquisition provides a well-regarded product portfolio, a longstanding North American customer base, and an experienced operations, sales, and management team. The business employs around 600 people and generated revenues of approximately [$63 million (€62.01 million)] in 2021. Financial terms of the transaction were not disclosed. The transaction is expected to close in the second quarter of 2023. (more…)

Read more

August 16, 2022

Posted by: Janmesh Chintankar

Siemens and MAHLE aim to close standards gaps in wireless charging of EVs

Siemens and MAHLE have agreed to collaborate on inductive charging of electric vehicles (EVs). The companies have now signed a letter of intent to this effect. (more…)

Read more

August 12, 2022

Posted by: Janmesh Chintankar

Twice as nice? Who needs a digital twin?

The internet is always abuzz with new technology trends, and anyone who follows them will be familiar with the terms “digital twin” or “digital twin of an organisation”. Although digital twins have been around for several decades, says Matthew Margetts, director of sales and marketing at Smarter Technologies, the rapid rise of Internet of Things (IoT) technology has made the concept more widely considered a tool of the future. (more…)

Read more

Posted by: Janmesh Chintankar

Elevāt and Cummins collaborate to deliver next generation IoT connected services

09 August, 2022 – Elevāt, the industry provider in off-highway OEM solutions, has partnered with Cummins Inc. to integrate its Cummins Connected Diagnostics application with the Elevāt Machine Connect IoT platform. This strategic collaboration enables customers to access diagnostic messages and receive real-time alerts for Cummins engines and Elevāt’s data in a single dashboard. (more…)

Read more

August 10, 2022

Posted by: Janmesh Chintankar

Iveda awarded $3mn in Taiwan projects

Mesa, United States. 08 August, 2022 – Iveda, a provider of artificial intelligence (AI) video search, Internet of Things (IoT), video surveillance and smart city digital transformation technologies, announces four signed contracts in Taiwan worth approximately [$3 million (€2.94 million)] gross revenues. These projects are in process and are slated to be completed by the end of 2022 calendar year. Iveda Taiwan will manage and see the projects to completion. (more…)

Read more

Posted by: Janmesh Chintankar