The Week in Review: IoT


Market Research International Data Corp. (IDC) forecasts the worldwide Internet of Things market will double from $625.2 billion in 2015 to $1.29 trillion in 2020 for a compound annual growth rate of 15.6%. Aeris collaborated with IDC on its report, which predicts the installed base of IoT endpoints will increase from 12.1 billion at the end of 2015 to more than 30 billion by 2020. Initiati... » read more

The Week in Review: IoT


Finance Mountain View, Calif.-based FogHorn Systems has received Series B funding of $30 million, led by Intel Capital and Saudi Aramco Energy Ventures. The new round brings the Industrial Internet of Things edge computing startup’s total funding to $47.5 million. Honeywell Ventures is a new investor, joining existing investors Darling Ventures, Dell Technologies Capital, GE Ventures, March ... » read more

The Week In Review: IoT


Connectivity Longing for LightSquared? The once-bankrupt company that tried to build a network with satellite airwaves and traditional spectrum has been reborn as Ligado Networks, which wants to serve 5G and Industrial Internet of Things applications with a mobile data network, employing satellite communications and other resources. Its founder is Philip Falcone, who was the guiding force behi... » read more