Two types of software platform that underpin the development of the M2M market are forecast to generate $3.85 billion in revenues by 2017, according to a new report from ABI Research.
Application Development Platforms (ADPs) and Connected Device Platforms (CDPs) are becoming critical parts of the M2M ecosystem. AEPs reduce the amount of time it takes to develop M2M applications, while CDPs automate the management of M2M module connectivity, which is of crucial importance in such a low-ARPU market.
Telit has expanded its collaboration with a Chinese start-up in the country’s fast-growing smart-grid sector, helping it to secure a spot in one of the world’s biggest markets for energy-related M2M technology.
Founded in 1996 and funded by the North China Electric Power Research Institute, Beijing Yupont develops electric power metering and automatic meter reading technologies, as well as geographical information systems, electric power meter and load control terminal products.
Itron and C3 Energy have announced a strategic alliance to market energy-management services to North American utilities.
The companies say their tie-up will enable utilities to provide better energy-management services to customers.
Under the arrangement, Itron (Liberty Lake, USA) will combine its smart-metering and data-management products with C3’s energy-management services. The end result, it is hoped, will be used by utilities to help consumers better understand and reduce their energy consumption.
An M2M technology that tracks police speed boats could see more widespread deployment after trials on the River Thames during the London 2012 Olympics were reported a huge success.
Groupon Inc launched a point-of-sale service called Breadcrumb across the United States on Wednesday as the world's largest daily deal company tries to win more restaurants as clients.
Breadcrumb is a sales, order management and reporting system for restaurants, bars and cafes that runs on Apple Inc's iPad. It was designed a start-up founded by Seth Harris. Groupon (Chicago, USA) acquired the business in May.
PayPal is planning to cut as much as 3 percent of its workforce as the payments division of eBay Inc looks to streamline its operations under new President David Marcus, a person familiar with the situation said on Friday.
The reductions are expected to total between 300 and 400 and be focused in product development, technology and marketing, the person said on condition of anonymity because the plans are not public. PayPal (San Jose, USA) has almost 13,000 employees.
The job cuts will be PayPal's first major reductions since the financial crisis in 2008.
Japanese mobile operator Softbank Corp said it will buy about 70 percent of Sprint Nextel Corp, the third-largest U.S. carrier, for $20.1 billion - the most a Japanese firm has spent on an overseas acquisition.
Bangladesh has officially launched 3G mobile-phone services at a ceremony in Dhaka, where Prime Minister Sheikh Hasina used the technology to make a phone call to President Zillur Rahman, reports Xinhua, China’s state-run news service.
The phone call used the network of state-run Teletalk (Dhaka, Bangladesh), whose 3G service will soon be available in Dhaka before being introduced to other parts of the country.
Vodacom has beaten rivals to ‘4G’ by switching on South Africa’s first LTE service in Johannesburg, promising that other cities will benefit from the service in the near future.
The Vodafone (Newbury, UK) subsidiary has activated 70 base stations in Johannesburg and plans to fire up 500, out of a total footprint of 9,000, by the end of the year.
Bharti Airtel, India’s biggest mobile-phone operator, is set for a radical restructuring that will see its Indian and African businesses united under one global chief executive, reports Indian newspaper the Economic Times.
Manoj Kohli, the current chief executive of the African operations, is thought to be favorite to take on the new leadership role, with the changes coming into effect during the first half of 2013.