Subeca, an internet of things (IoT) startup that provides low cost and easy to use water technology, raised US$ 6m in Series A funding. The Series A was led by SUEZ with participation from Amazon’s Climate Pledge Fund, Amazon’s sustainability focused corporate venture fund and Burnt Island Ventures.
May 21, 2024
Posted by: Magda Dabrowska
Actility has announced a partnership with Rubicon Water. This collaboration is set to assist Rubicon in providing IoT technology to further enhance irrigation efficiency worldwide and tackle the exacerbating global challenges of water scarcity and agricultural productivity. (more…)
May 20, 2024
Posted by: Magda Dabrowska
Cornerstone partners with Signify to inflence street lighting with 5G and IoT connectivity. Cornerstone’s approach recognises the growing demand for digital connectivity in UK cities, and this partnership aims to provide an innovative solution to address this need by using existing infrastructure. By integrating Signify’s luminaire technology into lamp heads on streetlights, Cornerstone will build an Outdoor Neutral Host platform to enable connectivity in urban environments discreetly and efficiently, allowing communities access to public networks.
“This partnership is yet another example of our evolution towards neutral hosting and smart city solutions,” said Nick Spedding, a new business manager at Cornerstone. “We’re committed to bringing connectivity to urban and dense urban areas across the UK where currently connectivity is not in place or limited, enabling access to public networks is at everyone’s fingertips.”
Cornerstone’s role as a neutral host in this partnership underscores its commitment to enabling connectivity deployment across diverse urban landscapes. The first project under this partnership will be deployed across three cities, laying the foundation for future expansion and innovation in the field of smart city infrastructure.
“This collaboration with Cornerstone marks an exciting opportunity to converge the strengths of two industry leaders,” said Khalid Aziz, the SVP and managing director of the BrightSites Business Unit at Signify. “By harnessing the power of 5G and IoT through our street lighting solution, we are illuminating streets and paving the way for a more connected and sustainable future.”
With the project set to launch within the next 10 weeks, both companies are poised to lead the market in driving innovation and progress across the UK.
For media inquiries or further information, please contact Lydia McGurin at lydia.mcgurin@cornerstone.network.
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May 13, 2024
Posted by: Magda Dabrowska
Itron is collaborating with Cairns Regional Council (Council), located in Queensland, Australia, to deploy Itron’s intelligent connectivity and analytic solution, which includes Intelis wSource NB-IoT water meters and the utility’s existing mesh network technology that utilises Itron’s unified Temetra NB-IoT digital platform for data collection and data management. The Itron solution will be deployed over the next three years as part of Council’s comprehensive water security plan to take advantage of technology to better identify water leaks and improve customer experience. (more…)
April 30, 2024
Posted by: Magda Dabrowska
LTIMindtree has collaborated with Vodafone. Through this partnership, LTIMindtree will offer connected and smart IoT solutions, powered by its Insight NXT platform (iNXT) and Vodafone’s IoT Managed Connectivity, that will enable Industry X.0 and digital transformation across multiple vertical sectors.
LTIMindtree’s iNXT Business Unit brings Technical and Functional components and together with Vodafone’s IoT Managed Connectivity solutions it will deliver to solve complex business challenges. Through the partnerships, LTIMindtree will empower clients to maximise their efforts across revenue acceleration through newer business models, cost efficiency and sustainability, using Smart IoT and Industry X.0. LTIMindtree, enabled by Vodafone will provide solutions that deliver advance capabilities in AI, machine learning, predictive maintenance, digital twin, supply chain visibility, sustainability, energy management, worker safety, sensorisation of assets, augmented reality and virtual reality training.
Gemma Barsby, the UK head of IoT at Vodafone, said, “Our partnership with LTIMindtree means Vodafone can support the real-time delivery of IoT managed services to their clients and empower them in driving cost efficiencies and greater productivity. As a global IoT provider we look forward to collaborating with LTIMindtree to mutually grow our market share in the Industrial 4.0 and Digital Transformation domain.”
Through this partnership, LTIMindtree will design highly scalable, end-to-end solutions by using the power of IoT, metaverse, artificial intelligence and machine learning and deliver secure, connected ecosystems and outcomes over Vodafone’s “Managed IoT Connectivity” Network.
Monish Mishra, the chief business officer- iNXT at LTIMindtree, said, “In today’s highly distributed yet interdependent economy, continuous innovation and access to connected ecosystems to deliver immersive experiences, is vital for growth and differentiation. We are excited to collaborate with Vodafone and enhance our proposition on Industry X.0 and Industrial Digital transformation. We remain committed to working with customers across industries within UK & Europe and getting them to the future, faster.”
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April 19, 2024
Posted by: Magda Dabrowska
Tele2 IoT has announced a partnership with British Aerobatics for the upcoming British Aerobatics OPEN Championship to be held at Sywell Aerodrome on 10-14 July. (more…)
April 18, 2024
Posted by: Magda Dabrowska
The Connectivity Standards Alliance (the Alliance) and the European Telecommunications Network Operators’ Association (ETNO) have announced their collaboration by signing a Memorandum of Understanding (MOU), signifying their shared commitment to ensuring the security and interoperability of the Internet of Things (IoT).
This MOU between the Alliance and ETNO will enable both organisations to pool their expertise and resources to navigate the complexities of the IoT ecosystem and its regulatory landscape, advance its transformative potential and foster a safer, more secure world for connected devices.
Technological innovations and the telecommunications landscape alike are evolving at an unprecedented pace. The IoT is an important factor of this evolution, with networks of connected devices having emerged as a catalyst for growth and innovation throughout industry and society. Alongside an enormous growth in the number of IoT devices – with device numbers expected to increase to 49 billion in 2026 – telecommunications operators have a central role in this ecosystem by facilitating the connectivity of IoT devices.
“While the growth of IoT connectivity presents immense opportunities, it also raises important questions on how to ensure seamless connectivity and data security in an ever-evolving technological landscape,” said Tobin Richardson, the president and CEO of the Connectivity Standards Alliance. “With this collaboration, the Alliance is honoured to work alongside ETNO to foster an innovative IoT ecosystem built on key foundations of safety and security.”
“We are delighted to partner with the Connectivity Standards Alliance and work together for a safe and compatible IoT environment in Europe and beyond,” said Lise Fuhr, the director general of ETNO. “We aim to bring the contribution of European telecom operators in facilitating the adoption of the Internet of Things, as well as ensuring its security and reliability. As industry leaders, we will bring our unique European perspective to this global conversation, as it pertains to the development of IoT standards and the implementation of best practices for the benefit of all users.”
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April 17, 2024
Posted by: Magda Dabrowska
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…)
April 15, 2024
Posted by: Magda Dabrowska
Upstream Security has announced it received an investment from Cisco Investments. The proliferation of complex IoT devices in the mobility, automotive, and transportation sectors introduces unprecedented operational efficiencies, data-driven services and solutions, and exceptional customer experience. However, advanced connectivity and software-defined components also open the door for large-scale cyber risks, threatening business availability and data integrity.
Upstream already protects millions of mobility connected vehicles and IoT devices worldwide, offering a cloud-based multi-layered approach to extended detection and response.
“We are thrilled to welcome Cisco Investments to our group of investors,” said Yoav Levy, the co-founder and CEO of Upstream Security. “This investment provides a unique opportunity to deepen our impact on the IoT sector, and more specifically mobility, automotive and transportation.”
This investment by Cisco Investments amplifies the need for purpose-built IoT cybersecurity solutions that will safeguard the mobility and IoT ecosystem across the entire development and production lifecycle.
“Together with our partners, Cisco is enabling automobile manufacturers across the globe to provide mission-critical, secure connectivity as cars transform into data centers on wheels,” said Aleem Rizvon, a vice president at Cisco Investments. “With an expected 95% of new vehicles having embedded connectivity by the year 2030, we can also expect a rise in automotive cybersecurity threats. Investing in solutions, to ensure the right safeguards for secure connectivity and operation are in place, is critical to instill the trust needed for wide adoption of the technology, not just in the automotive segment, but more broadly for other IoT applications, as well.
Upstream’s cloud-based IoT XDR platform analyses, in real-time, the contextual state of physical IoT assets and their connected ecosystem, to holistically identify and mitigate cyber risks. The Platform is agentless, requiring no installation of software or hardware, enabling rapid deployment and comprehensive coverage of devices already in production.
The Platform ingests, parses, and normalises vast amounts of connected vehicle data, IoT protocols, telematics, API transactions and other data streams from tens of millions of devices, endpoints and application consumers. This data enables the creation of unique digital twins—near real-time representations of devices and endpoints, facilitating holistic and effective detection. By monitoring devices, services and overall asset behavior, the Platform detects both known and unknown anomalies based on proprietary ML-powered models.
Coupled with a purpose-built vehicle security operation center (vSOC), dedicated for monitoring and investigating connected vehicles and IoT cyber threats, Upstream provides a holistic suite of cybersecurity solutions and services to enable customers to proactively identify and remediate cyber threats. Utilising Upstream’s Ocean AI, Generative AI-powered capabilities, accelerates the investigation remediation process.
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April 11, 2024
Posted by: Magda Dabrowska
SecEdge announced an expanded partnership with Variscite. The collaboration provides a chip-to-cloud, easy-to-implement, standards-compliant security solution for Variscite products. (more…)
April 10, 2024
Posted by: Magda Dabrowska