Utility spending on asset management and grid monitoring technology is to hit almost $50 billion by 2023, according to a new study from Navigant Research.
The market-research company says that with the advent of the smart grid the inclusion of sensing and monitoring system is beginning to make “economic sense” for utilities, with the result that cumulative spending on these technologies will amount to $49.2 billion between 2014 and 2023.
Actility and Semtech have teamed up on the launch of a new low-cost and long-range radio solution for M2M applications.
Branded ThingPark Wireless, the service is designed to help original equipment manufacturers and integrators to connect end points to the cloud for smart building, smart factory and smart city deployments.
The technology is based on radio transceivers developed by Semtech (Camarillo, CA, USA) and Actility’s (Lannion, France) wireless M2M gateway and includes and open cloud-based platform for application development.
M2M player Sierra Wireless says it has completed its $21 million takeover of Canada’s In Motion Technology.
The deal was announced as recently as January and is aimed at bolstering the position of Sierra Wireless (Richmond, Canada) in the transit and commercial fleet markets.
In Motion (New Westminster, Canada) provides so-called ‘rugged’ in-vehicle mobile routers that can be tightly integrated with security systems and management and application platforms.
Application platform developer ThingWorx has expanded its leadership team in EMEA in response to what it describes as rising demand for Internet of Things services in the region.
The shake-up has seen the appointment of Thomas Svensson as senior vice president of EMEA, with Larry Terwey taking up the position of vice president.
Svensson will be responsible for driving the direct and indirect sales channel strategies and overall business development, with Terwey to support him in these efforts.
Satellite M2M specialist Orbcomm has launched a new set of modems aimed at systems integrators and resellers targeting the transportation and distribution, heavy equipment, oil and gas and government markets.
Orbcomm (Rochelle Park, NJ, USA) said the modems are “100%” backwards-compatible with its current OG1 satellite network and are the first devices that will support OG2 services when the new constellation becomes available in spring 2014.
The company is offering two versions of the new modem – the OG2-M and the OG2-GPS.
The global market for mobile health services is expected to generate more than $49 billion in revenues by 2020, up from just $2 billion in 2012, according to a new study from Grand View Research.
The research indicates that monitoring will remain the dominant and fastest-growing market segment.
Monitoring generated revenues of $1.2 billion in 2012 and sales are expected to increase at a compound annual growth rate of 49.7% between 2014 and 2020.
M2M player Gemalto has revealed it is providing wireless connectivity for a next-generation “smart health and wellness” hub developed by Vignet.
The hub works by consolidating information from medical sensors – using a cloud-based server that converts the data into “easy-to-understand insights”.
Gemalto (Amsterdam, Netherlands) is supplying 3G and 4G modules for the hub, allowing data to be sent over cellular networks so that healthcare providers can deliver remote care to patients.
Telehealth player AMC Health is ramping up its offerings with the launch of a new mobile platform and telehealth conferencing system, aimed at allowing healthcare providers to offer services to patients in the home.
The company has also announced an extension of its cloud strategy, designed to improve the patient experience.
Healthcare providers rate increased access to patient information and the ability to view data from a remote location as the top benefits of mobile health technology, according to a new survey conducted by HIMSS Analytics.
Funding limitations came top of the list of barriers to the use of mobile health, while many providers indicated they were at an early stage of adopting and implementing the technology.
Some 69% said they used a mobile device to view patient information, for instance, but just 36% used mobile technologies to collect data at the bedside.
Swiss telemedicine player Medgate is to launch a new mobile health service in partnership with telecoms incumbent Swisscom.
The Medgate (Basel, Switzerland) service provides users who download an app with access to medical care at anytime and from any location, offering round-the-clock access to doctors besides tools to assist with health management.
According to Medcare, the app will allow patients to contact their telemedical centre for advice and to send images of affected areas – in the case of skin and eye conditions – to experts for analysis.