Telular Corporation, a technology leader and provider of IoT (Internet of Things) solutions, today announced that it has surpassed one million IoT subscribers in the commercial telematics and security markets. To drive continued growth, the company has strengthened its position in the commercial telematics space by realigning its recent acquisitions under the SkyBitz business unit.
As Cisco Systems closes its $1.4 billion acquisition of Internet of Things provider Jasper Technologies and AT&T creates an IoT Control Center for solution providers, it’s clear that IoT will have a major impact on the channel this year.The pace of new technologies, strategic partnerships and acquisitions in the growing IoT space is enough to make your head spin. Research firm Gartner said 6.2 billion connected “things” will be used this year, up 30 percent from 2015. IoT services spending will rise to $235 billion in 2016, an increase of 22 percent over 2015, according to Gartner, leading to a massive amount of opportunities for solution providers.Here are eight important moves in the IoT space in 2016 thus far that solution providers need have on their radar.
The home-technology industry saw some big news in 2015, like the acquisitions of QMotion by Legrand and SunBrite by SnapAV, the end of the iconic LiteTouch lighting-control business, and the rise of DC power distribution.But the following stories, I believe, are the most important of the year in terms of their significance to the smart-home industry and the home-technology channel.
As I reflect on 2014, it has been a truly incredible year for the Connected Home market.
We got started with the epic $3.2 billion acquisition of Nest by Google, and there were several other mergers, acquisitions and well-funded startups.
Kickstarter and Indiegogo have been flooded with ideas and concepts for how we will – or should – live in a connected home.
It’s undeniable: 2014 was the year when the electronics industry decidedly and collectively moved forward to push the Internet of Things (IoT).
For evidence, look no further than the myriad mergers and acquisitions among chip vendors, system companies, and software vendors this year — many in the IoT space. Beyond the usual reasons for consolidation (economy of scale, eliminating competition, expanding revenue), many companies scrambled to make deals specifically to get IoT technologies and products that were missing from their portfolios.
Siemens is on the lookout for more acquisitions to help it establish a stronger position in the software side of the smart grid sector. The Munich-based company was not the first of the majors to jump into the smart grid software business, but it is doing its best to make up for the late entry.
You’ve likely heard of the phrase “home automation” and a related specification called ZigBee and simply assumed they are nerdy things within a niche industry.
Well, that’s not true. For instance: Google has Nest, Apple has HomeKit, and Samsung is thinking about buying SmartThings. These acquisitions and frameworks prove that even the biggest companies in the world are thinking about and developing ways to make your home smarter. And some of these ways might use ZigBee.
That doesn’t mean ZigBee isn’t a complex idea to grasp. The home automation industry is emerging, evolving and welcoming new players by the second. It’s the future; the movement that will supposedly change your world. But what exactly is ZigBee and how does it affect home automation or even you?
As readers will see, this week’s collection of smart grid wins is heavy on partnerships and acquisitions. But there’s also plenty of news about a variety of projects and developments.
SAP co-head Bill McDermott has big plans for his company as a whole. In a Churchill Club session at the Four Seasons Hotel in Palo Alto, the chief executive said that SAP’s goal is to reach one billion users by 2015.
One billion is a big number, and “all the people who would touch an SAP system” count. That includes users of its core BI solutions, as well as people who use software from SuccessFactors, Ariba, and other recent acquisitions. Also falling in these categories are mobile device owners whose carrier happens to leverage a Sybase SMS system, and even households served by utilities that use SAP smart meters to get better insight to their data.
Catching up on the smart grid news of note, let’s start with one of the biggest acquisitions in years for French grid and power equipment giant Schneider Electric: its $5.2 billion takeover of U.K.-based industrial controls giant Invensys.
We covered the news of Schneider’s potential purchase of Invensys early last month, along with speculation that other competitors, including Emerson, Siemens, General Electric or ABB, might make counteroffers. But those competing bids failed to emerge, and last week, Schneider agreed to buy the company at a price of 502 pence a share, or £3.4 billion ($5.2 billion), with the deal expected to close in the fourth quarter of this year. Bloomberg reported this week that Schneider plans to solicit a £2.56 billion ($3.6 billion) loan to help pay for the acquisition.