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Blockchain-based insurance claims to exceed $10BN in cost savings by 2024

Hampshire, UK.18 January 2022 – A new report from Juniper Research has found that blockchain‑based insurance will transform claims administration; saving $10 billion (€8.77 billion) in costs globally by 2024, up from $1.1 billion (€0.96 billion) in 2021. Insurance providers will increasingly leverage the benefits of increased process transparency and real-time data sharing. Data on blockchain networks is accessible to all parties; eliminating duplication of effort and minimising fraud. (more…)

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January 18, 2022

Posted by: Anasia D'mello

Enersponse partners with Samsung SmartThings to expand its distributed energy programs to residential markets

Newport Beach, USAEnersponse, a distributed energy resource (DER) management provider, announced its partnership with Samsung SmartThings, the technology enabling connected living and driving the future of IoT. The partnership will provide users with access to a portfolio of utility integrations and grid service programs via SmartThings Energy, a popular service within the SmartThings app. (more…)

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January 17, 2022

Posted by: Anasia D'mello

Robotics provider Exotec raises $335M Series D to improve supply chain resilience

Atlanta USA. 17 Jan, 2022 – Exotec, a provider in global warehouse robotics, announced $335M (€293.18M) in Series D funding at a $2B (€1.75B) valuation. The Growth Equity business within Goldman Sachs Asset Management led the round with follow-on investments from 83North and Dell Technologies Capital. (more…)

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Posted by: Anasia D'mello

CC4Teams contact centre capabilities now available directly within Salesforce service and sales cloud

ContactCenter4ALL, a provider of contact centre solutions for Microsoft platforms, has announced full Computer-Telephony Integration (CTI) of its flagship CC4Teams contact centre software with Salesforce Service and Sales Cloud. (more…)

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January 14, 2022

Posted by: Anasia D'mello

IBM acquires Envizi to help organisations accelerate sustainability initiatives

Armonk, NY USA., 11 Jan 2022 – IBM announced it has acquired Envizi, a data and analytics software provider for environmental performance management. (more…)

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Posted by: Anasia D'mello

Chainway showcased latest products at the India Warehousing show 2021

(Sponsored News) From 16th to 18th December, 2021, the India Warehousing Show (IWS) was held in New Delhi, India.  In the midst of the pandemic, leveraging the advantages of its local Indian subsidiary, Chainway brought with the latest and most versatile mobile computers, which attracted a lot of visits and discussion.

The India Warehousing Show is India’s largest professional exhibition focusing on warehousing, logistics and supply chain.  The exhibition perfected the concept of “Big logistics” and included themes around warehouse, handling, storage, data acquisition (AIDC), packaging, logistics, supply chain, transportation, automation and other core sectors.  The show became the center of display of the most advanced equipment, technology and related services in the entire industry chain.

At IWS, Chainway brought a series of newly upgraded handheld mobile computers, handheld RFID readers, fixed RFID readers, wearable RFID readers, RFID modules and other products with diverse data acquisition functions ranging from barcode scanning, RFID read / write, UHF RFID, HF, NFC, to fingerprint recognition, face recognition, infrared and others.  Their system configuration and performance are the foremost in the industry and meets the needs of all application scenarios under the concept of “Big logistics” to help users significantly improve efficiency and operations while reducing operating costs.

 

At this exhibition, Chainway not only successfully demonstrated a wealth of mobile computer products, but also brought to the logistics industry the latest product technology and solutions, attracting large audience and discussion which further improved the visibility of Chainway’s brands and products and overseas market development.

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January 13, 2022

Posted by: IoT global network

DigiCert acquires IoT cybersecurity provider Mocana

Lehi, Utah, USA. 13 January 2022DigiCert, Inc., a provider of TLS/SSL, IoT and other PKI solutions, backed by Clearlake Capital Group. L.P., Crosspoint Capital, and TA Associates, announced that it has acquired Internet of Things (IoT) cybersecurity provider Mocana. The combination of DigiCert and Mocana technologies provides IoT manufacturers and operators with a comprehensive platform for managing security across the full IoT device lifecycle. Terms of the transaction were not disclosed. (more…)

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Posted by: Anasia D'mello

ADZ Nagano’s new pressure transmitters have USB plug and play connection

Recently announced by ADZ Nagano, the German industrial sensor manufacturer, its new line of pressure transmitters feature USB powered plug-and-play interfaces. Available in the UK from ADZ’s distribution partner Variohm EuroSensor, the new USB series covers user-selectable pressure measurement ranges between vacuum and 5000 bar. (more…)

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Posted by: Anasia D'mello

Rohde & Schwarz and FormFactor support The University of Texas in research on improved RF switches

The University of Texas at Austin, Rohde & Schwarz and FormFactor have collaborated to characterise a new technology for RF switches that improves battery life performance and supports higher bandwidths and switching speeds. (more…)

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Posted by: Anasia D'mello

Yokogawa enhances cybersecurity and safety for OpreX control and safety system line-up

Yokogawa Electric Corporation has obtained ISASecure CSA Level 1 certification from the ISA Security Compliance Institute (ISCI) for its CENTUM VP integrated production control system, a product in the OpreX Control and Safety System family. With this certification, Yokogawa’s CENTUM VP integrated production control system and ProSafe-RS safety instrumented system now both conform to the latest international security standards. (more…)

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Posted by: Anasia D'mello