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Shares fall 20% at Ericsson following profit warning and news it is cutting 3,000 jobs in Sweden

The bad news keeps piling up for Ericsson. Last week the Sweden-based giant reported that it intends to cut its 16,000 Swedish workforce by 3,000 positions in production, research & development (R&D), as well as sales and administration. Yesterday the Sweden-based company gave an interim report that sales fell 14% in Q3. (more…)

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October 14, 2016

Posted by: Avadhoot Patil

PlumChoice raises additional capital to seize new cloud and IoT market opportunities

PlumChoice, Inc., a provider of technical services to cloud and Internet of Things (IoT) service providers, IoT manufacturers, cloud solution providers and distributors, has announced new funding from current investors. (more…)

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Posted by: Avadhoot Patil

Sigma Designs opens up Z-Wave interoperability spec to make smart home experience ubiquitous

IoT is taking hold in a broad range of industries from automotive to farming to manufacturing. One of the biggest growing markets is the smart home with many areas ripe for development including controllers, lighting, thermostats, security, and sensors. (more…)

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October 12, 2016

Posted by: Avadhoot Patil

2nd Annual IoT & Big Data For Utilities

Event date: December 6 –  7 2016
Silicon Valley, CA

The 2nd Annual IoT & Big Data for Utilities conference will take place December 6-7 in Silicon Valley, CA. This two-day event will again bring together technology and operations teams from utilities plus consultants and solution providers to discuss key challenges when implementing IoT technology. The conference will include expert presentations, interactive panel and roundtable discussion and will provide practical solutions to maintain a successful IoT strategy. (more…)

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October 10, 2016

Posted by: IoT global network

Deutsche Telekom builds a multi-IoT platform in its ‘House of Cloud’

Different standards and platforms are an obstacle to the expected business development of the Internet of Things (IoT). Deutsche Telekom has now developed a solution to this problem at its cloud data center in Biere, launching a multi-IoT platform at its House of Clouds. (more…)

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Posted by: Avadhoot Patil

What are the hottest devices in the Connected Home?

The connected home has not arrived to our lives as an explosive breakthrough as many analysts from the industry thought it would. Nonetheless, it is already here, among us. (more…)

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October 6, 2016

Posted by: Avadhoot Patil

Discovering start-ups finalists announced, as CW competition showcases best in tech innovation

CW (Cambridge Wireless) has announced the 10 finalists for its Discovering Start-Ups 2016 competition, sponsored and hosted by Deloitte, the business advisory firm. (more…)

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Posted by: Avadhoot Patil

The Backstory of IoT

The possibilities that the Internet of Things offers are endless, but so are the potential consequences. As IoT applications become more life critical, the ability to effectively manage the resulting data traffic becomes (more…)

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October 5, 2016

Posted by: Avadhoot Patil

Bright Box launches self-driving car with neural network that learns extreme driving from computer games

A European vendor of connected-vehicle applications like Nissan Smart Car app in Middle East, and KIA Remoto app in Russia, announced the launch of a self-driving car solution with a neural network trained through computer games as well as real-life examples. (more…)

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October 4, 2016

Posted by: Avadhoot Patil

Hacker releases source code of Mirai DDoS Trojan after targeting the IoT this weekend

Over the weekend, a code was reportedly employed on a large number of Internet of Things (IoT) connected devices to form a botnet. The botnet was then deployed to attack websites with a distributed denial of service (DDoS) attack. (more…)

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October 3, 2016

Posted by: Avadhoot Patil