The Week In Review: IoT


Consortia Optimal+ said this week that it has joined the Industrial Internet Consortium. “The Industrial Internet of Things (IIoT) will have a tremendous impact on industries worldwide. The application of smart manufacturing, combined with the collection and analysis of in-use/field stage data, will deliver powerful insights to brand owners and enable them to achieve dramatic improvements in... » read more

The Week In Review: IoT


Market Research There will be 8.4 billion connected things in use this year, a 31% gain from 2016, and leading up to 20.4 billion connected devices in 2020, according to Gartner. The market research firm estimates worldwide spending on endpoints and services will hit nearly $2 trillion in 2017. Greater China, North America, and Western Europe account for two-thirds of the IoT installed base th... » read more

The Week In Review: IoT


Finance NXP Semiconductors reported its Secure Connected Devices group posted revenue of $569 million in the fourth quarter, a gain of 10% from a year earlier. NXP CEO Richard Clemmer said in a statement, “All major product lines contributed to a seasonally solid quarter.” The chip company reported Q4 revenue of $2.44 billion and 2016 revenue of nearly $9.5 billion. Consortia Bosch, C... » read more

The Week In Review: IoT


Products Qualcomm reported before the official opening of CES 2017 that it has shipped more than 1 billion Internet of Things chips to date, for such applications as automotive electronics, Internet-connected televisions, sensors, and wearable gadgets (including smartwatches). The company didn’t include chips for smartphones and tablet computers in that total. “We have scale,” said Raj T... » read more

Looking Back On IoT In 2016


The Internet of Things was going great guns for most of 2016. Until October 21, that is. That’s the date of the coordinated cyberattacks on Dyn, an Internet performance management services firm. The distributed denial-of-service attacks quickly had impacts on Airbnb, Amazon, Facebook, Netflix, PayPal, Reddit, Twitter, and other popular websites. Dyn was able to fight off the aggressive att... » read more

The Week In Review: IoT


M&A TDK has agreed to acquire InvenSense for $13 a share, representing a total of $1.3 billion in cash. The transaction must be approved by InvenSense shareholders and regulatory agencies; TDK expects to wrap up the deal in the second quarter of its fiscal year ending in March of 2018 (the third quarter of the calendar year). Apple accounted for 40% of InvenSense’s revenue for the fiscal... » read more

The Week In Review: IoT


Tools Google this week updated its Internet of Things platform, releasing a Developer Preview for Android Things, enabling application developers to create IoT devices running on the mobile Android operating system. “We incorporated the feedback from Project Brillo to include familiar tools such as Android Studio, the Android Software Development Kit (SDK), Google Play Services, and Google C... » read more

The Week In Review: IoT


Security Last month’s distributed denial-of-service cyberattacks have put the spotlight on poorly secured or insecure Internet of Things devices. "The harsh reality is that cybersecurity is not even on the radar of many manufacturers," said Trent Telford, CEO of Covata, an Internet security firm. "Security will eventually become more of a priority, but it may well be too late for this genera... » read more

The Week In Review: IoT


Deals The $47 billion merger of Qualcomm and NXP Semiconductors will not only affect the automotive chip market; it should also have a significant impact in the Internet of Things business. The companies note they are together strong in microcontrollers, secure identification, mobile transactions, payment cards, transit, application processors, and connectivity systems. Meanwhile, NXP reported... » read more

Qualcomm + NXP = IoT Powerhouse


Coverage of the merger agreement between Qualcomm and NXP Semiconductors often focused on how the combination would yield the world’s largest supplier of chips for automotive electronics. Somewhat overlooked was its significance for the Internet of Things market. NXP CEO Rick Clemmer said in a statement, "The combination of Qualcomm and NXP will bring together all technologies required to... » read more

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