01. February 2016 · Comments Off on Creating 100 Smart Cities Will Require 150 Billion In 5 Years Study · Categories: News · Tags: , , , ,

The Narendra Modi government’s vision of creating 100 smart cities will require an investment of over $150 billion over the next few years with private sector being a significant contributor, says a report.According to Deloitte, nearly $120 billion will come from the private sector.The government has already initiated two programmes with an initial outlay of $7.5 billion for ‘Smart Cities Mission’ and the ‘Atal Mission for Rejuvenation of Urban Transformation (AMRUT)’ for the upgradation of 500 existing cities.

Source: Creating 100 Smart Cities Will Require 150 Billion In 5 Years Study – BW Businessworld

25. January 2016 · Comments Off on IoT security startup Forescout tops $1 billion valuation · Categories: News · Tags: , , ,

Forescout, a network security startup that helps companies keep track of all the devices on their networks, announced that it raised $76 million in its latest investment round yesterday. The new round of funding brings the company’s total valuation to more than $1 billion, tripling its valuation in just 18 months.

Source: IoT security startup Forescout tops $1 billion valuation – Business Insider

21. December 2015 · Comments Off on Leo DiCaprio Invests in Smart Outlet Startup Zuli  · Categories: News · Tags: , ,

Smart home startup Zuli just got some star power with an undisclosed amount of new funding from actor Leonardo DiCaprio, who also took a seat on the company’s board of advisors. DiCaprio has taken a role with the company in hopes of promoting sustainability. He has funded environmentally-focused startups before, but this appears to be his first smart home investment.

Source: Leo DiCaprio Invests in Smart Outlet Startup Zuli – Fortune

08. December 2015 · Comments Off on Google Makes Largest Ever Renewable Energy Purchase for Data Centers  · Categories: News · Tags: , , , ,

With a big splash on Sunday, Bill Gates unfurled a new investment fund for clean energy projects along with a who’s who of tech CEOs. Absent from the list was anyone from Google (or its parent, Alphabet).But that’s no sign it’s slouching on the matter, Google will have you know. On Thursday morning, the search giant announced its largest ever purchase of renewable energy to power its massive data centers. Google claims it’s the biggest such purchase from a non-utility company to date.

Source: Google Makes Largest Ever Renewable Energy Purchase for Data Centers | Re/code

01. October 2015 · Comments Off on Nest’s Weave protocol for the connected home now open to third-party developers · Categories: News · Tags: , , , ,

Nest Weave, the communications protocol that Nest uses to make its connected home devices talk to each other, definitely isn’t new. But as of today, Nest is making it part of its Works with Nest program so that third-party hardware makers and developers can use the protocol in their own products…Before now, developers could use Nest’s cloud API to connect to Nest products, which — while it’s easy implement — is more restricted because it requires that devices have a WiFi connection. Weave is going to take more investment and time to build into products, and it works with products that might not have or need WiFi.

Source: Nest’s Weave protocol for the connected home now open to third-party developers | 9to5Google