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Tag: Internet of Things (page 1 of 4)

Tamil Nadu Govt gives grant to Atsuya Technologies

IoT-based startup Atsuya Technologies has been given a grant by the Tamil Nadu government under its Guidance-ATEA Digital Accelerator Program. Rs 60.4 lakh was given as a grant amount to the start-up. Out of the total of 75 applicants, 5 start-ups were given a total of Rs 3.5 cr. Atsuya Chief executive Rahul Ganapathy said the company aims to bring Tamil Nadu to the forefront in achieving sustainable development goals.

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Next three years will see the IoT market surpass the $1 tril mark

The revenue of the IoT market worldwide is expected to grow to $1.1 tril by 2024 with a CAGR of 13%, a new report said. The IoT market globally was worth $ 622bn last year and $586 bn in 2019. Enterprise IoT generated almost 76% of the total revenue in 2020. IoT devices, due to COVID-19, saw an rise in usage in thermal cameras and sensors in offices. 45% of those surveyed believe IoT will play a key role in business development in the next three years.

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Qualcomm to commercially launch first IoT modem in H2 of 2021

Qualcomm has launched its first IoT modem aimed at Industrial IoT apps. The commercial launch of the Qualcomm 315 5G IoT device is expected in the second half of 2021. The modem supports worldwide 5G NR sub-6Ghz bands and operates in standalone mode only. If required, the device can be switched to LTE and can be deployed over 5G private or public networks. The device comes with the capability of integration with existing ethernet and wired technology.

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90% of tech companies state importance of IoT in development plans

The majority of the enterprises (90%) emphasized that IoT is necessary to support their digital transformation plans across different sectors. The growth of any project is proportional to the investment, 38% of these said their investment in IoT will exceed $1m in 2021. Josh Builta, Director of Research, Internet of Things, and Artificial Intelligence at Omdia expects to see the growth in IoT deployment being accelerated in the coming years.

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Samsung building web panel for SmartThings

Samsung is building a web panel access to its home platforms SmartThings. At present SmartThings, one of the oldest smart home platforms which are still actively supported is accessible via Android and iOS mobile apps only. Samsung started the development on a web panel for SmartThings in May 2019, which was closed down in the same year. The web app project was “running into shifting requirements from legal and security teams”.

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Soon Samsung’s old Galaxy phones can be converted into IoT devices

Samsung’s new software update will convert old Galaxy phones to IoT devices to control sound and light devices. The update, as of now, is available for all Galaxy S, Note and Z smartphones, launched in 2018 onwards, and running on Android 9. The smartphone maker under the programme named Galaxy Upcycling will add more devices in future.  Samsung is doing beta in South Korea, the US and the UK for the programme.

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Vodafone Idea’s enterprise arm unveils Integrated IoT solutions

Enterprise arm of Vodafone Idea, Vi Business, has launched ‘Integrated IoT Solutions’ for large businesses to become the only telecom firm in India to offer a secure end-to-end IoT solution having connectivity, hardware, network, application, analytics, security and support. Ravinder Takkar, MD & CEO, Vodafone Idea Limited, said: ” Vi is helping enterprises succeed in IoT, thereby paving the way for a digitally enhanced market in India.”

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Global cellular IoT module shipment to hit 780 mn, India market to grow at 38%

Global cellular IoT module shipments will hit 780 mn units in 2024 to reach $11.5 bn in revenue. India market will have the highest growth at 38%, said Counterpoint Research’s Global Cellular IoT Module and Chipset Forecast. NarrowBand-IoT will lead the cellular IoT module shipments by 2024, followed by 4G and 5G. North America will overtake Europe in 2024 to become the second-largest market after China.

NMIMS,  LivNSense Tech to set up AI Center of Excellence, Research

SVKM’s NMIMS and LivNSense Technologies, an industrial IoT & AI platform, have signed an MoU to co-create an Artificial Intelligence Center of Excellence and Research, that will help develop AI-driven manufacturing solutions and create a culture of innovation and collaboration. The CoE work towards helping India’s manufacturing sector by making it more tech-driven and less dependent on new-age technology developed outside India.