Google announces new machine learning centre in Europe

Google has announced a research group in Switzerland that will be dedicated to the field of machine learning.

As its name suggests, machine learning involves systems that can learn things and come up with predictions from sets of data, without being specifically programmed to do so. It’s essential to what we currently think of as “artificial intelligence.” Continue reading “Google announces new machine learning centre in Europe”

New Project to Ensure Vast Sensor Networks of the Future are Dependable

New Project to Ensure Vast Sensor Networks of the Future are Dependable

Professor Julie McCann from the Department of Computing at Imperial is one of the lead collaborators on project called Science of Sensor Systems Software, to make sensor networks more reliable.

Colin Smith caught up with Professor McCann to find out more about sensor networks and why we should sit up and take notice of this new project. Continue reading “New Project to Ensure Vast Sensor Networks of the Future are Dependable”

Mattermark – Top 100 Internet of Things Startups for 2015

  • 48 of the top Internet of Things (IoT) startups are based in the Bay Area, 5 in Boston, 3 in Los Angeles and Toronto, and 2 in Dallas, Paris and San Diego.
  • Venture funding in Jawbone, Genband, Silver Spring Networks and View Glass combined is $1.6B or 26% of all funding in the top 100 IoT startups.
  • Total funding for the top 100 IoT startups is currently $6.19B.
  • 31 are in late stage funding cycles as of today.

These and other insights are from a recent analysis of the IoT landscape using Mattermark Pro. Forbes readers often ask for insights into emerging technology startups, specifically venture-backed startups competing in IoT industries. Continue reading “Mattermark – Top 100 Internet of Things Startups for 2015”

Much of the potential of the smart home market remains unfulfilled, study shows

The advent of smart home technology has forever altered the landscape of the residential security industry. Due to the proliferation of smartphones, today’s consumers want to have the ability to interact with systems installed in their home in a more meaningful way.

Whether that is controlling the temperature in their house while they are away or arming their security system remotely from the office, these types of features are no longer considered “nice to have” but rather “must haves” for home security providers. In fact, a recent study conducted by NextMarket Insights forecasts the combined do-it-yourself (DIY) smart device home and managed smart home services market to be worth nearly $17.5 billion by 2019. Continue reading “Much of the potential of the smart home market remains unfulfilled, study shows”

IoT Heading towards 30 Billion Connected Things

Fresh out of topping Gartner’s most hyped technologies list for the second year in a row, the Internet of Things (IoT) has kept its buzz going over the last couple of weeks with a series of announcements and new market analysis reports. First, here’s a sample of recent announcements:

September 20: Dialog Semiconductor has agreed to acquire Atmel Corporation for approximately $4.6 billion, combining forces in the mobile power, IoT and automotive markets, and addressing a “market opportunity of approximately $20 billion by 2019.”

September 18: Orange announced it is building a Low Power Wide Area (LPWA) network covering the whole of France, in line with its “ambition to become the number one operator for the Internet of Things.”

September 17: Alcatel-Lucent announced the acquisition of Mformation to provide service providers and enterprises with a secure, scalable, application-independent IoT security and control platform for use across multiple industries.

September 16: HCL Technologies announced it will jointly develop with IBM Internet of Things solutions and that the two companies will set up for that purpose an incubation center in Noida, India.Read more

Source: Forbes

Wearables Market Projected to Reach $25 Billion by 2019

The wearables market is set to treble in size in the next five years and become worth over $25 billion, according to industry analyst firm, CCS Insight. Its new global forecast for wearable devices — which includes smartwatches, fitness trackers, augmented and virtual reality headsets and wearable cameras — indicates the market is set to grow from 84 million units in 2015 to 245 million units in 2019. Continue reading “Wearables Market Projected to Reach $25 Billion by 2019”

Reasons why companies continue to struggle with IoT

The Internet of things (IoT), the term used to describe the use of sensors and other Internet-connected devices to track and control physical objects, is opening up entirely new ways of doing business. However, the changing customer demands is challenging skill requirements and even the supplier landscape, thereby throwing up immense challenge to business leaders. Two recent studies detail why enterprises continue to struggle with IoT.

Researchers at the McKinsey Global Institute found that key IoT application – and they examined over 100 – could have a total economic impact of $3.9 trillion to $11.1 trillion per year in 2025. More than two-thirds of value will be generated in business-to-business settings and that business customers and consumers will likely capture more than 90% of the value created, they said. Continue reading “Reasons why companies continue to struggle with IoT”