IoT Business News
5,661 FOLLOWERS
IoT Business News is a leading media platform focusing on the business side of the Internet of Things. Created in 2011 and fully independent, IoT Business News has become over the years the reference news source for all M2M and IoT business professionals across the world. Served by a responsive team, we publish every day, fresh, relevant and reliable content on the Internet of Things with a..
IoT Business News
12h ago
According to a new market research report from the IoT analyst firm Berg Insight, the number of active bicycle telematics systems in Europe and North America will reach 3.9 million in 2028, up from 1.7 million active units in 2023.
The adoption of bicycle telematics systems has picked up speed in recent years. There are both aftermarket and OEM telematics solutions available on the market.
Martin Cederqvist, IoT Analyst at Berg Insight, said:
“The main use case for bicycle telematics systems is stolen vehicle tracking and theft prevention. Bicycle theft is a growing concern and millions of ..read more
IoT Business News
12h ago
Insurance fraud detection has taken some new turns over the past few years. With increasingly advanced technology, integrating AI and machine learning in fraud detection software is a necessity. Americans lose about $300B every year from insurance fraud, with over $60B from false claims of Medicare insurance only.
Traditional fraud detection is based on manual labor of tasks like underwriting, reviewing, historical analysis, or watching databases. Such rule-based tasks can hinder the efficiency and precision of the goals, that is, minimizing such activities.
Technology is a solution to all s ..read more
IoT Business News
3d ago
Qt Group collaborates with Qualcomm to vastly reduce time-to-market for IoT manufacturers.
Qt Group, and Qualcomm Technologies, Inc. are collaborating to streamline development of advanced graphical user interfaces (GUI) and software quality assurance for industrial IoT devices.
The combined force of Qt’s cross-platform development tools and Qualcomm Technologies’ means IoT manufacturers could significantly accelerate their devices’ time-to-market.
Qualcomm Technologies, one of the world’s largest semiconductor manufacturers, has long provided processors for devices in industries spanning sm ..read more
IoT Business News
6d ago
Berg Insight, the leading IoT market research provider, today released new findings about the market for Electronic Monitoring (EM) of offenders.
The number of simultaneous participants in EM programmes in Europe, North America and Latin America amounted to about 64,000, 518,000 and 130,000 respectively at the end of 2023. The total number of EM programme participants during the full year 2023 reached 200,000 in Europe, 880,000 in North America and 296,000 in Latin America.
Berg Insight estimates that the number of simultaneous participants will grow to 94,000 in Europe, 680,000 in North Ame ..read more
IoT Business News
1w ago
A fully managed service combines cellular and satellite connectivity to expand options for global IoT and enterprises worldwide.
Wireless Logic, the leading global IoT connectivity platform provider, has secured authorised reseller status for SpaceX’s Starlink.
The agreement integrates Low Earth Orbit (LEO) satellite connectivity into Wireless Logic’s extensive portfolio of managed services, offering greater flexibility and choice for global IoT deployments.
“Leveraging cellular and satellite connectivity offers the best of both worlds, given the advantages of both technologies,” said Oliver ..read more
IoT Business News
1w ago
IoT Analytics, a leading provider of market insights and strategic business intelligence for the Internet of Things (IoT), AI, Cloud, Edge, and Industry 4.0, today has published its latest research on the global cellular IoT module and chipset market.
The report reveals that shipments of cellular IoT modules and chipsets dropped 16% year-over-year in 2023; however, our research projects the market to climb back to near 2022 levels in 2024. The research article further delves into the evolution of cellular IoT modules and chipsets with the latest technological innovations in smart and AI-enab ..read more
IoT Business News
1w ago
Berg Insight, the leading IoT market research provider, today released a new market study covering the video telematics market.
The integration of cameras to enable various video-based solutions in commercial vehicle environments is a massive trend in the fleet telematics sector. Berg Insight’s definition of video telematics includes a broad range of camera-based solutions deployed in commercial vehicle fleets either as standalone applications or as an added feature set to conventional fleet telematics. The frontrunning North American video telematics market is more than three times the size ..read more
IoT Business News
1w ago
Continuous innovation of the robust and high-capacity LoRaWAN open standard has led to the most LPWAN deployments globally across terrestrial and non-terrestrial networks (NTNs).
The LoRa Alliance®, today launched its formal roadmap, which highlights LoRaWAN’s evolution from building and interconnecting networks through its focus on making the technology faster and easier to deploy, work that has successfully made LoRaWAN the leading LPWAN with the most deployments supporting IoT’s active scaling across numerous end markets.
The roadmap also showcases the planned development of the LoRaWAN o ..read more
IoT Business News
1w ago
The deployment of the Internet of Things (IoT) in healthcare is transforming patient care and hospital management. However, this transformation comes with its share of challenges.
This article delves into the critical obstacles that healthcare organizations face in the adoption of IoT and offers strategic insights into overcoming these issues. Understanding the Scope of IoT in Healthcare
IoT technology in healthcare encompasses a wide array of applications — from remote monitoring and wearable devices to smart hospital systems that optimize everything from inventory management to patient flo ..read more
IoT Business News
1w ago
Wearable devices improve gameplay by delivering on-field information in real-time.
KORE, a global leader in Internet of Things (“IoT”) Solutions and pioneering IoT hyperscaler, and provider of IoT Connectivity, Solutions and Analytics, announced today its alliance with GoRout, the leader in coach-to-player communication.
GoRout’s rugged wearable devices provide real-time access to crucial information for coaches and players, revolutionizing on-field communication from Little League to the NFL.
GoRout’s in-game and practice platforms enable instant communication between coaches and players, a ..read more