VC Funding for Smart Grid Companies Declines in Q1 of 2019: Report

In first quarter of 2019, 32 investors took part in smart grid VC funding rounds, with majority of funds raised by smart charging companies The venture capital (VC) funding for...

Volkswagen Partner with Siemens to Connect 122 Plants to Amazon Cloud

Siemens is supporting Volkswagen in the development of its Industrial Cloud with their open IoT platform MindSphere In an effort to increase efficiency in production, Volkswagen (VW) Group announced that...

Towards a Truly Connected World

IoT allows businesses and people to be more connected to the world around them and to do more meaningful work By Anand Parthasarathy The World IoT Council, the global evangelist of...

TeamViewer to Invest in IoT Connectivity and Applications in India

The company says it will use both direct and indirect go-to-market strategies to build its IOT solutions business in the country. Germany-based remote connectivity software solutions company, TeamViewer, will invest...
IIoT

Panasonic to Ramp Up Smart Factory Solutions Business in India

Panasonic is aimed at building India as its global innovation hub and develop a strong ecosystem of component and automated manufacturing Panasonic, a leading consumer electronics and home appliances company, announced...

Microsoft Acquires Express Logic to Accelerate IoT Development

Though Microsoft didn’t share financial details about the acquisition, it indicated that it is part of a $5 billion investment in IoT that the company announced in April 2018....

Use of IoT is Ruling the Consumer Electronics in India

Electronics For You decodes the present and future of use of IoT aka smart features in consumer electronics 2018 was a year that saw a lot of technological advancements in...

Industrial IoT Company Xage Security and GlobalSign Become Technology Partners

Xage will be leveraging GlobalSign's IoT Identity Platform for certificate enrollment, bringing additional enrollment capabilities to Xage's distributed security fabric technology. GMO GlobalSign, a global Certificate Authority (CA) and provider...

Japanese Firm Daifuku Acquires Hyderabad-based Vega Automation

After the acquisition, Daifuku would establish the entire factory and distribution automation (FA&DA) manufacturing operations, that include a bigger factory Daifuku Co., Ltd, a material handling equipment supplier based in Japan, has acquired...

90 per cent Financial Firms Globally are Already using ML: Survey

The adoption of AI/ML is primarily driven by extracting better quality information (60 per cent) and enhanced productivity and speed (48 per cent) The use of machine learning (ML) is...