Maintenance analytics technologies are set to generate $24.7 billion in revenue in 2019, up from $9.1 billion this year, driven by the adoption of predictive analytics and M2M connectivity, according to a new study from ABI Research.
The market-research company also believes that more advanced forms of maintenance – including predictive and prescriptive – will account for more than 60% of all revenues by the end of the forecast period, up from just 23% today.
Searching for that elusive parking spot or a nearby attraction? Forget about consulting your smartphone, just look at the car dashboard.
Whether it is streaming music and listening to audio books, or even ordering a pizza, apps are being loaded into vehicle dashboards as more cars become connected to the Internet.
Only about 10 percent of vehicles have built-in connectivity today, but the number is expected to rise to more than 90 percent by 2020, according to the British consulting firm Machina Research.
Standards body IEEE has launched a new smart-cities initiative aimed at providing strategic and practical advice to municipalities hoping to address population- and resource-related challenges through the use of M2M and Internet of Things (IoT) technologies.
The group says it will consider applications for advice from municipalities and has set up a dedicated team of IEEE (Piscataway, NJ, USA) experts to provide education and training.
Japan’s Panasonic claims to have developed a new wireless communications technology specifically intended for M2M sensor networks.
According to the company, the technology can detect multiple wireless standards that differ from one country to another or between applications.
By sharing software and reducing the amount of signal processing, the new technology integrates multiple communication modes, says Panasonic (Osaka, Japan) – meaning engineers can design and develop modules that are small but will operate for extended periods of time.
Sunrise Micro Devices has unveiled a new radio core product aimed specifically at meeting the growing demand for Internet of Things (IoT) sensors across a variety of industry sectors.
The CORDIO BT4 radio core is described as the company’s first radio core offering from Sunrise’s (Deerfield Beach, FL, USA) CORDIO family of sub-volt wireless products.
It incorporates Bluetooth technology and is said to be highly energy efficient, making it suitable for sensors that are expected to operate for years without human intervention.
Equipment giant Cisco has unveiled plans to develop a network of clouds that will be “architected” specifically for the Internet of Everything.
Calling the network of clouds Intercloud, Cisco (San Jose, CA, USA) says it will invest $1 billion in building the expanded cloud business over the next two years and that it expects partners to stump up additional investments for the scheme.
Platform integration across various industries is set to hasten the arrival of smart-home technology in the Asia Pacific, according to new research from Frost & Sullivan.
The market-research company says that a number of major appliance manufacturers are now investing heavily in R&D to reduce energy consumption, and that continuous innovations in high energy-consuming home appliances will propel the smart-home industry forwards.
M2M hardware players Telit and NimbeLink say they have formed a partnership to speed up the design of specialized systems for M2M applications.
Under the Skywire brand, NimbeLink (Plymouth, MN, USA) has launched a series of embedded modems that use Telit’s (London, UK) xE910 family of modules, allowing designers to incorporate cellular connectivity into their products.
The first Skywire module comes with an embedded 2G CDMA 1xRTT product that is described by the companies as the smallest embedded cellular modem on the market.
Facebook Inc will acquire two-year-old Oculus VR Inc, a maker of virtual-reality glasses for gaming, for $2 billion, buying its way into the fast-growing wearable devices arena with its first-ever hardware deal.
The acquisition, which comes hot on the heels of its $19 billion deal for messaging service WhatsApp, marks a big bet by Facebook (Menlo Park, CA, USA) to anticipate the next shift in an evolving technology industry, at a time when consumers are increasingly abandoning their PCs for smartphones.
Google has teamed up with Ray-Ban maker Luxottica in a bid to turn its Internet-connected Glass spectacles into a widely-available, stylish consumer product.
In a statement late on Monday, Luxottica (Milan, Italy), the world's biggest eyewear maker, said it had agreed to design, develop and distribute Glass eyewear, which so far has only been available as an expensive prototype in the United States.