Tata Communications has acquired a 58.1% equity stake in embedded-SIM tech provider, Oasis Smart SIM Europe. Oasis will now be integrated with the company’s IoT solution platform for businesses MOVE. The combined entity will serve the mobility needs of enterprises and device manufacturers. eSIMs facilitate cellular connectivity for IoT and M2M apps, offering the ability to connect with multiple mobile network operators.
IoT startup Infinite Uptime has raised $5.15 mn in a Series B funding round, led by Bengaluru-based private equity firm VenturEast. THK, Mayfield, GSR Ventures, IL&FS Investment Managers and GiTV, also participated in the round. Fresh funds will be used to expand presence in India, Japan, the Middle East and the USA. Infinite Uptime manufactures industrial automation enabling devices and also operates an industrial data analytics platform.
AI, Machine learning, 5G and IoT would be the most important technologies in 2021, according to a new study by the IEEE. Manufacturing, healthcare, financial services and education sectors would have the maximum impact of IT. The results are based on a survey of CIOs and CTO in the US, the UK, China, India and Brazil. Half of those surveyed see the biggest challenge as dealing with aspects of COVID-19 recovery in relation to business operations.
Cognizant announced the acquisition of custom Industrial IoT solutions provider Bright Wolf for an undisclosed sum. The acquisition will help Cognizant to enhance its smart products offering and expertise in architecting and implementing IIoT solutions. It will now establish a new IoT innovation hub in the US, with the Bright Wolf team in its centre. Cognizant last month announced to acquire Cloud specialist 10th Magnitude, focused exclusively on the Microsoft Azure platform.
Realme is aiming to expand its consumer IoT business with the launch of as many as 100 products across various categories such as audio, home automation and lifestyle in 2021. The company’s target is to get 15% revenue from its non-smartphone business – smart TVs and IoT devices – in 2021 calendar year. “We want to sell 15M connected devices across categories next year, up from around 8M units this year”, Realme CEO Madhav Sheth said.
A new variant of InterPlanetary Storm malware is targeting IoT devices – TVs, routers with ill configured SSH service etc – that run on Android, Mac, Linux and Windows OS in 84 countries, mainly southeast Asian such as China, HongKong, S Korea and Taiwan; Indian IoT devices haven’t been much on radar. The malware detects computer security mechanism, honeypots, auto-updates itself and tries to persist in the system by killing machine processes like debuggers.
FanPlay, sports IoT platform has paired up with Microsoft to use the company’s cloud platform Azure and provide a seamless experience for users. The integration of advanced wearables technologies and Azure’s deep analytics and cloud in FanPlay IoT will enable users to experience fitness activities and sports in a more interactive manner. FanPlayIoT has deployed its platform during the IPL this year to augment engagement for the fans of CSK.
A report by Deloitte revealed that IoT adoption in India is still in niche stage Tech challenges like connectivity, compatibility, interoperability and cybersecurity are holding back IoT adoption. A lot of firms, worrying about RoI, do not invest in this crucial tech of Industry 4.0. However, Deloitte suggests firms to invest in such techs during the time of downturns (like this one) as it helps in leapfrogging competition after the recession subsides.
Smarterhomes’ IoT water meter called ‘WaterOn’ measures water consumption in real-time. Thus, in large apartments, each flat can know their water consumption, paying accordingly. It detects leakages and enables the user to remotely control it. It uses positive displacement tech and is very accurate. The meter’s data is transmitted to analytical, billing engine. Users can access it via internet-connected smartphones. Anomalies in consumption can also be detected.