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Showing posts with the label Internet of Things (IoT)

Nokia takes over SpaceTime Insight to expand its IoT software portfolio

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To expand its Internet of Things (IoT) portfolio and IoT analytics capabilities, and accelerate the development of new IoT applications for key vertical markets, Nokia has acquired SpaceTime Insight. SpaceTime Insight provides machine learning-powered analytics and IoT applications for some of the world's largest transportation, energy and utilities organizations, including Entergy, FedEx, NextEra Energy, Singapore Power and Union Pacific Railroad. Its machine learning models and other advanced analytics, designed specifically for asset-intensive industries, predict asset health with a high degree of accuracy and optimize related operations. As a result, SpaceTime Insight's applications help customers reduce cost and risk, increase operational efficiencies, reduce service outages and more. Bhaskar Gorti, President of Nokia Software, said, "Adding SpaceTime to Nokia Software is a strong step forward in our strategy, and will help us deliver a new class of in...

New Innovations in technologies bring challenges and opportunities

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Both consumer and business applications are contributing to the growing dominance of cloud services over the Internet. For consumers, streaming video, social networking, and Internet search are among the most popular cloud applications. For business users, enterprise resource planning (ERP), collaboration, analytics, and other digital enterprise applications represent leading growth areas. But anything we do, security remains to be the biggest concerns. Improvements in datacenter governance and data control have helped to minimize enterprise risk and better protect consumer information. The growth of Internet of Things (IoT) applications such as smart cars, smart cities, connected health and digital utilities require scalable computing and storage solutions to accommodate new and expanding datacenter demands. By 2021, experts say IoT connections will reach 13.7 billion, up from 5.8 billion in 2016. Datacenter application growth is clearly exploding in this new multi-clo...

SAP announces €2 Bn investment for IoT

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SAP today announced investment plans of €2 billion over five years to help business and government entities benefit from the proliferation of sensors, smart devices and Big Data that is transforming business with the Internet of Things (IoT). SAP plans to accelerate innovation in its IoT solution portfolio, increase sales and marketing, scale service, support and co-innovation, and grow its ecosystem of partners and startups in the IoT market, which is estimated to reach €250 billion by 2020. “With billions of connected devices, we now have the potential to reshape society, the economy and the environment,” said Bill McDermott, CEO, SAP. “SAP HANA is the data platform we knew would unlock the Internet of Things. Today SAP is making another bold investment to help our customers seize the benefits of live business. Only SAP empowers businesses to innovate from the core to the edges to the network,” added McDermott.... Read More

Wipro and Software AG together offer IoT Solutions for Smart, Connected Products

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To address the huge market potential created by streaming analytics in conjunction with IoT and other emerging technologies, Wipro and Software AG have come up with a solution that provides enterprises with a competitive edge by responding to events in real time with unlimited scalability. Wipro has developed a streaming analytics-based IoT solution platform, with a unique architectural framework called “Wipro Looking Glass”. In the first release, Wipro is leveraging Software AG’s Big Data Streaming Analytics product suite. The platform provides enterprises with a fast and easy entry into the vast business possibilities offered by the IoT. Wipro Looking Glass current version embeds Software AG’s Streaming Analytics product suite which is designed to integrate, capture, analyze and respond to IoT data. The solution components include a real-time analytics engine, in memory database technology, a real-time user interface and mashup technologies. These components are proven to sc...