The Week In Review: IoT

Internet of Trains; Sierra Wireless stock; Rigado’s funding.


The Internet of Trains? That’s how Siemens sees its work in railroads, utilizing Big Data analytics and Internet of Things technology. “Sensors on an Internet of Trains system monitor everything from engine temperature, to the open or closed state of doors, to vibrations on the rails, and even image data from outside of the trains using cameras,” Bernard Marr writes in this analysis. “Machine data on how systems are operating is also used, as are external real-time datasets such as meteorological information.”

The Motley Fool recommends Sierra Wireless (NASDAQ – SWIR) as the best “pure play” stock for IoT investors. “Sierra has shipped over 120 million M2M devices worldwide in more than 130 countries, and its products connect machines on over 80 global networks. Its patent portfolio consists of over 400 patents, which it either developed or gained through acquisitions,” Leo Sun writes.

Rigado received $3.3 million from Oregon Angel Fund and Rogue Venture Partners in its first round of outside investment. Rigado, established in 2010, last year acquired Portland-based Rivetry, an IoT development shop founded by Greg Rau, who now serves as Rigado’s chief financial officer.

Cypress Semiconductor introduced the CYW4373 wireless connectivity offering, supporting IEEE 802.11ac Wi-Fi, Bluetooth, and Bluetooth Low Energy protocols for IoT applications, along with a USB 2.0 hub providing a Bluetooth and wireless local-area network interface. CYW4373 is meant to be used in smart-home products and network peripherals, such as home appliances and printers, according to the chip company.

Eaton has joined the Georgia Institute of Technology’s Center for the Development and Application of Internet of Things Technologies, based in Atlanta. The company’s Lighting Division will work with Georgia Tech professors and students on lighting for the IoT.

Market Research
Zion Market Research forecasts the worldwide IoT security market will be valued at $464 million in 2020, up from $55.6 million in 2014, for a compound annual growth rate of 42.4% between 2015 and 2020. A sample copy of their report is available here.

The Internet of Things Community has gained SAS Institute as a platinum member of its organization and sponsor of the group’s first IoT Slam Live ’17 event, scheduled for June 21-22 at the Archie K. Davis Conference Center in Durham, N.C. Registration information is available here.

Crystal Group received the Intel Partner of the Year – IoT Solution award for its rugged computers, based on Intel processors, and its IoT technologies. Crystal Group is a member of the Intel Internet of Things Solutions Alliance, as well as a Platinum Intel Technology Provider.

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