Several prominent tech entrepreneurs have come together to form a new M2M company that aims to steal the initiative from network operators entering the M2M market.
Calling itself Senaptic (Cambridge), the UK-based organization has developed its own wireless technology, known as ultra narrow band, which uses spectrum in the ISM band and is incorporated in Apella, a suite of M2M packages that Senaptic is offering to specific vertical markets, including utility companies and municipal authorities deploying so-called smart-city infrastructure.
Nest Labs Inc, the maker of smart thermostats that Google Inc acquired for $3.2 billion, called a halt to all sales of its smoke alarms on Thursday after it discovered a possible defect that could cause users to turn it off unintentionally.
Nest co-founder and Chief Executive Tony Faddell said that, under a unique set of circumstances the alarm's "Nest Wave" feature, which allows a user to switch off the device with a wave of the hand, could be inadvertently activated.
Illinois energy utility Commonwealth Edison (ComEd) says its smart grid program has beaten the targets set for job creation in 2013, supporting a total of 2,871 full-time positions.
The positions included nearly 1,000 full-time jobs at the utility and its contractors as well as more than 1,800 roles it says were created “indirectly”.
Managed services and consulting giant Accenture is to manage the rollout of some two million smart meters being carried out in Pennsylvania by utility group FirstEnergy.
The deployment is taking place across four of FirstEnergy’s (Akron, OH, USA) utility businesses – Met-Ed, Penelec, Penn Power and West Penn Power – and represents one of the largest rollouts of advanced metering infrastructure (AMI) in North America.
Utilities are expected to spend nearly $140 billion between 2014 and 2022 on the deployment of IT systems needed to support new smart-grid infrastructure, according to a new study from Navigant Research.
The market-research company says IT will play a critical role as the traditional grid network evolves into a far more complex system.
M2M specialist Essence says it has closed seven new deals in Europe, the Asia-Pacific, Latin America and Israel over the past three months for its smart living and smart care offerings.
According to the company, three of those deals came with major players that have already been able to grow spending per device thanks to the use of Essence (Herzliya, Israel) technology.
Spain’s Telefonica has won a major connected-cars deal to provide services for electric vehicles being sold by Tesla in Europe.
The partnership will see the operator provide connectivity services for the Tesla Model S in the UK, Spain, the Netherlands and Belgium.
To support the service, Telefonica (Madrid, Spain) is also drawing on its partnerships with other operators and M2M platform provider Jasper Wireless (Mountain View, CA, USA) through the M2M World Alliance, an association formed to spur the development of M2M services worldwide.
Location-based services (LBS) in Europe and North America will generate revenues of around €5 billion ($6.9 billion) in 2018, up from about €2 billion in 2013, according to new research from Berg Insight, but mobile operators will focus on growth in the enterprise and B2B sectors, having been sidelined by over-the-top (OTT) players in the consumer market.
According to Berg, revenues in Europe will rise from €735 million in 2013 to about €2.3 billion in 2018, while those in North America will grow from $1.8 billion to around $3.8 billion over the same period.
NFC player Gemalto says Spain’s Banco Santander is now issuing its Optelio Contactless microSD solution in Spain, Brazil, Chile and Mexico as part of a University Smart Card program.
The application has already gone live at several universities, says Gemalto (Amsterdam, Netherlands), and means that students, teachers and other personnel can use mobile phones for tasks such as gaining entry to buildings and to make payments in canteens.
US semiconductor giant Intel says it has completed the takeover of wearable device maker Basis Science.
Basis (San Francisco, CA, USA) specializes in developing wearables for health and wellness applications, including its Basis band health tracker, and the acquisition will provide Intel (Santa Clara, CA, USA) with immediate exposure to this fast-growing sector.