South Korea based electric power equipment company LS Electric has signed up Finnish vendor Nokia to supply an analytics-based asset management platform to local power utilities. LS Electric, a division of Seoul-based conglomerate LS Group, wants an IoT and AI solution to enable customers to proactively manage mission-critical assets, and identify root causes for variations…
Australia is both the flattest continent on earth and, with the exception of Antarctica, the driest. You can travel 2,000-odd miles across its plains, between Sydney and Perth, without seeing very much at all. At the same time, Australia’s population is spiralling; it is expected to double to 45 million by 2070, according to Deloitte.…
Nine in 10 industrial enterprises will use edge computing by 2022, as cloud workloads shift closer to the ‘coal face’ of industry in pursuit of lower latency and higher security. This spiralling interest in close-range industrial analytics functions will drive the value of multi-access edge computing (MEC) upwards at a rate of 157 percent per…
More than 80 percent of original equipment manufacturers (OEMs) in the asset tracking space are releasing products for cellular low-power wide-area (LPWA) network connectivity, with high growth in LTE-M trackers as mobile operators rollout LTE-M networks. Tech advisory firm ABI Research polled 43 “major” OEMs, and found 82 percent of their asset tracking devices are…
Arm has said its burgeoning IoT platform and data analytics businesses will not be handed over to parent Softbank after all, after the trade was announced last month as part of the UK-based chip design company’s plans to put focus on its core semiconductor business. Instead, the two business will be spun-off as distinct companies,…
Blockchain-based LoRaWAN network operator and hotspot maker Helium has expanded to more than 1,000 cities in North America, and started rolling out in Europe, and announced a new deals with LoRa-maker Semtech. Helium presents itself as the ‘people’s network’ and the ‘first peer-to-peer wireless network’. Its calling card is that it offers a blockchain platform…
The US Department of Energy (DOE) has pulled together a consortium of industry, government, non-profit, and academic bodies to develop artificial intelligence (AI) solutions to help with disaster response. Microsoft is co-chairing the group, called the First Five Consortium, with the DOE’s Artificial Intelligence and Technology Office (AITO). Its stated objective is to develop AI…
“Productivity isn’t everything, but, in the long run, it’s almost everything.” This oft-quoted aphorism from economist and Nobel laureate Paul Krugman has new life in the shadow of Covid-19. Despite its hefty toll on the global economy, the pandemic presents an opportunity to refocus on optimising productivity, using a broadening range of sophisticated digital tools.…
Amazon Web Services (AWS) has expanded its working relationship with Toyota Motor Corporation to build a cloud platform for the Japan-based firm to process and analyse data from its vehicles. Toyota will use the platform to drive safety and security functions inside connected and autonomous vehicles, and develop new services around them. AWS will underpin…
Semtech is offering new developer kits for LoRa-based asset tracking and smart building applications that integrate with IoT services from Amazon Web Services (AWS). California-based software firm Tensor IoT is also involved, providing cloud applications to connect LoRa sensors to AWS services. The asset tracking and smart building kits are geared towards the utilities, cities,…
