The number of container tracking systems in use worldwide is set to reach one million by 2017, growing at a compound annual rate of 49.1% over the next few years, according to new research from Berg Insight.
The market-research company reckons the number of units deployed on intermodal shipping containers grew by 54% in 2012 to reach 137,000 in the final quarter of the year.
The forecast implies that 4.1% of containers will be using remote tracking systems in 2017, compared with just 0.7% today.
Alibaba Group, China's largest e-commerce firm, will take a 28 percent stake in digital mapping company AutoNavi Holdings Ltd, part of Alibaba's move to boost its competitiveness by beefing up its product lineup.
Unlisted Alibaba (Hangzhou, China) will invest $294 million to become the largest shareholder in the Chinese-based firm, according to a statement from AutoNavi (Beijing, China) on Friday which confirmed an earlier report from news portal Sina (Shanghai, China).
Worried about what your dog is chewing on when you're at work, or whether your home is secure while on vacation? New apps can transform old smartphones into remote security cameras for home monitoring systems.
Presence, which was launched late last month, converts a spare Internet-connected iPhone, iPad or iPod Touch into a free video camera with real-time video and audio streaming, and motion detection and notifications.
Deutsche Telekom says it will announce more partners for its Global M2M Association (GMA) with France Telecom and TeliaSonera in the next two or three months.
Speaking to M2M Zone on the sidelines of last week’s M2M World Congress in London, Jurgen Hase, the head of Deutsche Telekom’s M2M Competence Center, said the new partners would help to expand the GMA’s footprint.
“We will announce some new partners from Europe in the next two or three months,” he said.
PayPal is extending its reach to more physical stores, having signed up 50 merchant acquirers which help process payments but the eBay Inc unit has yet to persuade Wal-Mart Stores Inc, the world's largest retailer.
PayPal's expansion into brick-and-mortar stores gives the company access to a market that is roughly ten times the size of the online payments sector where it got its start over a decade ago.
New Zealand Telecom is to ramp up its activities in the burgeoning market for cloud services following a $96.5 million ($82.5 million) takeover of infrastructure and data center specialist Revera.
The New Zealand telecoms incumbent said it would fund the acquisition through cash and existing borrowing facilities and expects the deal to close in May.
It will continue to run Revera (Auckland, New Zealand) as a standalone business, providing customers of Gen-i –New Zealand Telecom’s ICT services division – with access to additional cloud capabilities and data center capacity.
Gases and engineering giant Linde has teamed up with fluorochemicals distribution company Pelchem on the development of Micro-Electro-Mechanical Systems (MEMS) that are seen as crucial building blocks for M2M services.
The two companies say they have formed a strategic partnership to distribute xenon difluoride, a material used in the manufacture of MEMS - widely used in many mobile and automotive applications, such as accelerometers, pressure sensors, compasses and microphones.
Tired of checking the washing machine to see if a cycle has completed, or worrying that the lights were left on at home? Apps are increasingly helping people monitor and control objects remotely on their mobile devices.
From Internet-connected washing machines and smart refrigerators to bathroom scales, gadgets that connect to the Internet are on the rise in homes, and apps are the means to monitor and control them.
PayPal will soon be ubiquitous in U.S. retail stores, but just being there may not be enough.
The online payment service will take a giant step beyond its Internet roots on April 19, when a partnership with Discover Financial Services (Riverwoods, IL, USA) officially kicks in. The deal means that, by the end of this year, PayPal will be accepted as a payment option in roughly 2 million retail stores that already take Discover credit cards.
Telecom network equipment maker DragonWave Inc
Cash-strapped DragonWave (Ottawa, Canada), which has been trying to reduce costs since it acquired Nokia Siemens's microwave technology business last June, said last month that it would cut costs further but did not specify what the measures were.
The company cut 116 jobs in Ottawa and Israel in 2012.