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North bolsters leadership team with high profile coo appointment

Internet of Things (IoT) service and solutions provider, North, has appointed industry figure, Paul Comerford as its new chief operating officer (COO). (more…)

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March 4, 2021

Posted by: Anasia D'mello

Lidar-based highway toll deployed on major US turnpike used by millions of vehicles a year

A new electronic tolling system that utilises high performance lidar sensors from Cepton and a vehicle identification solution from Red Fox ID, is expected to be deployed soon on a major highway turnpike crossing multiple states in the United States. (more…)

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March 3, 2021

Posted by: Anasia D'mello

Checklist for fleet operators revealed by Aeris to ensure DVS compliance

Internet of Things (IoT) technology provider, Aeris, has created a checklist for fleet operators, to highlight the importance of cellular connectivity in obtaining the most reliable telematics/dashcam solution to ensure Direct Vision Standard (DVS) compliance. (more…)

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Posted by: Anasia D'mello

Accenture to acquire Pollux

Accenture has agreed to acquire Pollux, a provider of industrial robotics and automation solutions, headquartered in Joinville, Brazil. (more…)

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March 2, 2021

Posted by: Anasia D'mello

Baidu and Huaneng collaborate to create an intelligent energy future

Baidu and China Huaneng Group Co., Ltd. recently signed a memorandum of understanding (MoU) aimed at driving the intelligent transformation of the energy industry. (more…)

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March 1, 2021

Posted by: Anasia D'mello

Insurtech platform premiums to exceed $556 billion globally in 2025

A new study by Juniper Research has found that the total value of premiums generated by insurtech platforms – platforms with technology supporting insurance at the heart of their design will exceed $556 billion (€461.23 billion) in 2025, from $250 billion (€207.39 billion)in 2020; growing by 123%. (more…)

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Posted by: Anasia D'mello

Cash-in-transit process management of a cash escort company with Chainway C75 devices

(Sponsored News) – The user is a cash escort company in Macedonia. To strengthen the intelligent management of cash transportation, optimize the transportation process, and ensure the efficiency and safety of escort, the company decided to use Chainway C75 smart printing handheld computers to manage the cash in transit process.

In the traditional cash-in-transit (CIT) process management, company management manually records, register and manage the crucial information of the cash box transportation process, which is inefficient, low-risk control and highly dependent on people. And the communication between banks and escort companies is more traditional, with low communication efficiency and poor linkage.

To solve the above problems, CHAINWAY company provides Chainway C75 smart handheld computers for Macedonian escorts. They use the Chainway C75 PDAs to fully automate and manage the CIT process, such as schedule tasks, scan shipments and organize teams, etc. They can also print the slips as proof of shipments receiving or dispatch by the CIT teams to make the escort company business processes safer, smarter, and more accurate.

The new system significantly improves the speed, efficiency, accuracy, integration of bank treasury handover information, the convenience of treasury management, and effectively reduces delays and data errors. And strengthen the real-time information exchange between the escort company and the bank, which is conducive to the real-time control of the entire business process by both parties and minimizes risks. Besides, the application of information technology has reduced the dependence of company management on people. It helps the company in managing and reducing human management costs.

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February 26, 2021

Posted by: IoT global network

Companies could save 28% IoT connectivity costs with ‘Hyperscale’ solution

Transforma Insights published a White Paper, written in collaboration with network operator Telia, which finds that companies could save US$117 billion (€96.57 billion)by using a ‘Hyperscale IoT Connectivity’ solution. This equates to 28% of IoT connectivity costs. (more…)

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Posted by: Anasia D'mello

TELUS invests $26.3mn in new partner Eseye

TELUS’ strategic investment arm, TELUS Ventures, is investing $26.3 million CAD (€17.35 million) in Eseye, a provider of Internet of Things (IoT) connectivity solutions. (more…)

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February 25, 2021

Posted by: Anasia D'mello

Rokk3r acquires AdMobilize and MATRIX Labs to grow AI/IoT holdings

Rokk3r announced that it has acquired AdMobilize and MATRIX Labs, two artificial intelligence (AI) companies, which have raised over $13M (€10.68M) in funding and include an intellectual property (IP) portfolio independently valued at almost $100M (€82.16M). (more…)

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Posted by: Anasia D'mello