DETROIT (Reuters) - General Motors Co will generate $350 million in improved profit over the three years to 2018 from its rollout of 4G LTE mobile broadband in its cars and trucks, the No. 1 U.S. automaker's chief financial officer said on Wednesday.
Chuck Stevens, speaking at a Bank of America Merrill Lynch conference, called GM's OnStar 4G LTE connection an "untapped, under-appreciated opportunity."
4G LTE is a wireless connection that allows faster flow of data and developing better in-car technology is critical to automakers like GM to attract younger, tech-savvy buyers.
(Reuters) - International Business Machines Corp said on Tuesday it will invest $3 billion over the next four years in a new 'Internet of Things' unit, aiming to sell its expertise in gathering and making sense of the surge in real-time data.
The Armonk, New York-based technology company said its services will be based remotely in the cloud, and offer companies ways to make use of the new and multiplying sources of data such as building sensors, smartphones and home appliances to enhance their own products.
LONDON – At this week’s 'IoT Nexus' conference, mobile operators will consider whether they are prepared to meet the rising demand for IoT-enabled services. IET President William Webb is among the experts who would argue that MNOs need to rethink their strategy if they wish to succeed.
An evaluation of ecosystems, market drivers, constraints, and opportunities.
NEW YORK (Reuters) - AT&T Inc will link its connected car and smart home technologies to bolster its foothold in the fast-growing market for Internet-connected devices, a new battleground for the company and rivals ranging from Verizon to Google Inc.
The Machine-to-Machine (M2M) communications market is seen as the future for wireless revenue growth with various reports touting market size to reach 50 billion connections by 2020.
(Reuters) - Two U.S. senators on Tuesday revived legislation that seeks to allocate more airwaves to public Wi-Fi by requiring regulators to quickly test how shared radio frequencies could coexist alongside those used for communications among smart cars.
The bill by Senators Marco Rubio, a Florida Republican, and Cory Booker, a New Jersey Democrat, would direct the Federal Communications Commission to study how more spectrum can be freed up for public use without interfering with connected vehicles, which are incumbent users.
Machine-to-machine (M2M) communications has historically represented the integration of microprocessors, microcontrollers and sensors with communications, monitoring and control systems to improve efficiencies and effectiveness of business operations. The introduction of the Internet of Things (IoT) is taking M2M to entirely new level as applications are rapidly expanding beyond traditional boundaries.
There are more than 7 billion people on this planet – but many, many more things. Already some 40% of the world’s population has Internet access and can, in theory, communicate – just wait till those other things get in on the act. How will we ever manage the Internet of Things?
TORONTO (Reuters) - Telus Corp launched a package of technologies that connect and control machines via the Internet on Wednesday as the Canadian telecom company bids to generate sales from the so-called "Internet of things".
Among the services Telus will offer are retail traffic analysis so that stores can better stock their shelves, and a safety application that will allow restaurants to check conditions such as air and food temperature and water flow.