Hyundai Motor Group (Seoul, South Korea) has signed an agreement with Vodafone Global Enterprise, the business within Vodafone (London) which manages the communications needs of its largest customers, to explore business opportunities in telematics services in Europe. The initial agreement, which was signed last week, is designed to boost Hyundai’s competitiveness in vehicle IT systems and reach out to a wider customer base in Europe.
Korea Electric Power Corp. (Seoul), South Korea's number 1 electricity producer, has announced it plans to invest $1.8 billion (2 trillion won) over the next five years in a smart grid. The project is part of a larger government initiative to reduce carbon emission. The South Korean government has previously mentioned that state and private spending on smart grid infrastructure could reach nearly $21 billion by 2030.
IDC Energy Insights (Framingham, MA, USA) released a new analysis tool today called the "Worldwide Quarterly Smart Meter Tracker," which is forecasting worldwide growth of 13% in smart meter unit shipments by 2015, with a total of over 460 million meters shipped through the forecast period.
"Energy harvesting" is the capture of ambient energy, its conversion into a usable form, and its storage for immediate or future use. The types of ambient power that can be harvested include light, heat, motion, vibration, and RF. According to the latest ABI Research report, this type of energy is viable for M2M applications.
Examples of energy harvesting that have been around for decades include solar-powered calculators, wristwatches powered by body motion, and bicycle lights powered by a generator or dynamo run by friction with the wheel.
Honeywell (Morristown, NJ, USA) has announced it will develop and implement China's first smart grid pilot project and feasibility study for managing energy use in commercial buildings. The project is part of a grant agreement signed today between the U.S. Trade and Development Agency and State Grid Electric Power Research Institute, sponsor of the project and a subsidiary of State Grid Corp. of China.
Dilip Rahulan, Chairman and CEO of Pacific Controls (Dubai, UAE), offered a number of key insights during an M2M Zone panel discussion yesterday at CeBIT. The company's home territory is a leader in the uptake of machine-to-machine connectivity.
Already, Pacific Controls has connected a whopping 60,000 buildings with M2M services, at an explosive rate of 120 buildings per day, according to Mr. Rahulan. He believes the overall infrastructure boom in Dubai is largely to thank for the echo-boom in M2M. As a result, projections for 2015 uptake have already been exceeded today.
Device Insight (Munich, Germany) is providing live, hands-on demonstrations of its "CenterSight" software this week at CeBIT, inside our own M2M Zone Pavilion. The interface is live on the show floor, not a simulation, and functions in near real-time.
Trimble (Sunnyvale, CA, USA) has introduced a new RFID reader called the ThingMagic Mercury6, the latest in the company's lineup of RFID products. The unit is a 4-port, multi-protocol reader that operates within the Mercury API.
After a muted opening, most exhibitors are quite pleased with foot traffic on this the second day of CeBIT 2011 in Hannover, Germany. But many M2M exhibitors are going a step further and reporting, to their delight, show-goers are far more familiar with the concept of machine-to-machine communication than ever before.
Telit (Rome, Italy) has finalized a long awaited deal to acquire Motorola's (Schaumburg, IL, USA) machine-to-machine business unit for $23 million plus $3 million in related assets. Employees are now in the intermediate phase of the integration process, which has been in progress for some time.
According to Alexander Bufalino, VP of Global Marketing for Telit, his company is currently the number 3 M2M provider but seeking to become number 2. To do so, a successful M&A move was necessary.