Soracom launches secure and scalable IoT platform in Europe

Soracom launches secure and scalable IoT platform in Europe

Soracom today announced the launch of IoT connectivity services in Europe and confirmed its commitment to growing IoT by eliminating the barriers related to security, price, speed-to-value and scalability that currently limit IoT development.

The Internet of things offers endless possibilities. With IoT adoption growing quickly, developers are finding that security and scalability remain key challenges. For start-ups and developers, typical enterprise-grade solutions are out of reach, and more affordable solutions often lack crucial security features.

Parag Mittal, Chief Commercial Officer of Soracom, said:

“We offer low start-up costs, no binding contracts and a flexible pay-as-you-go model for every use case, from garage-level prototyping to massive industrial deployments.”

“We need a sustainable Internet of Things. A smart meter that consumes lot of power for onboard encryption and data transmission to the cloud is not that smart. By reducing power and data consumption on the device side, and delivering a private network as a service for everyone, we ensure a secure, scalable, sustainable ecosystem for IoT.”

“Soracom aims to use its platform to contribute to the overall growth of the IoT industry,” said Ken Tamagawa, Chief Executive Officer of Sorcom. “Current IoT connectivity providers do not really offer secure and swift delivery of services that are affordable and available for everyone in a democratized way. Connecting devices to the internet or the cloud is the easy part. Securing devices and data is the most critical. If it’s on the public internet, it’s hackable. Our customers connect their devices directly to the cloud, using a private network provided by Soracom instead of public internet.”

Widely recognized as one of Japan’s leading IoT technology providers, Soracom uses a unique approach and architecture to provide secure data transfer at lower costs for its global customers and brings this technology to users across all industries. Canon, Konica Minolta, Safecast, Komatsu, Omniflow, and Enerbrain are just a few among the 5,000 clients Soracom connects today.

Soracom’s SIM cards are tailored for IoT devices and can be managed through APIs and a web console that allow convenient, real-time activation/deactivation of SIMs, traffic monitoring, network configuration and visualization, storage and management of data, and many more detailed operations.

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Report Shows IoT M&A Values Boosted by Telecoms Buyers

Report Shows IoT M&A Values Boosted by Telecoms Buyers

Race to dominate internet of things sector amid strong competition from tech firms.

The latest market report from technology M&A advisory firm, Hampleton Partners, reveals soaring deal values in the Internet of Things (IoT) sector bolstered by strong interest from telecoms investors fighting to gain a foothold in the rapidly growing market.

The IoT M&A report, which covers mergers and acquisitions in the period between July 2014 and December 2016, shows that deal values were driven by landmark deals such as Softbank’s $ 32 billion acquisition of ARM and Verizon’s $ 2.4 billion purchase of Fleetmatics, both of which topped 2016 deal tables. For the whole IoT sector, the trailing 30-month median revenue multiple rose to 4.0x, after hovering between 3.4x and 3.6x during the period.

Top acquirers

ARM and Intel tied in first place for the highest number of IoT deals, announcing five acquisitions each. Just shy of the top position is Verizon, acquiring four entities. Other active acquirers included NXP, PTC and Google, with three acquisitions each.

Out of 231 transactions in the trailing 30-month period, activity in the monitoring segment accounted for the most – 34 per cent – of all completed deals. 2H 2016 also boosted valuations in the lagging semiconductor segment which made up 20 per cent of all activity in the same period.

Semiconductor resurgence

ARM’s sale to Softbank, along with a handful of other semiconductor-related billion dollar transactions accounted for three out of the top five IoT deals. The resurgence in billion dollar deals resulted in the trailing 30-month median revenue multiple for semiconductor-related transactions making a recovery to pre-2016 levels of 3.5x.

Miro Parizek, principal partner, Hampleton Partners:

“Going forward IoT is likely to be an area of strong mergers and acquisition activity as powerful players vie for leadership in the connected world, seeking to dominate new and emerging technology markets by snapping up key enabling companies in the segment.”

About the research : The 8th bi-annual “Hampleton Partners IoT M&A Research Report, 2H 2016” covers the period from July 2014 – December 2016, using data from 451 research. Download report here

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WISeKey to Extend Its Offer for Securing the IoT with a Module Specific to the Sigfox Network

WISeKey to Extend Its Offer for Securing the IoT with a Module Specific to the Sigfox Network

WISeKey International Holding Ltd, a leading Swiss cybersecurity and IoT company unveiled today its Security Solution for the Internet of Things (IoT), englobing multiple connectivity technologies including Sigfox.

“It is a great step towards integration of the needs of the various networks occupying the field of device connectivity, all requiring a high level of security, but all not necessarily with the same constraints in power consumption and available resources,” noted Benoit Makowka, Vice President of WISeKey’s IoT business line.

WISeKey’s security solution, called VaultIC184, consists of a tamper proof silicon chip, based on a state-of-the-art secure microcontroller development, certified to Common Criteria EAL4+/5+ and FIPS 140-2 Level 3, a Sigfox specific Application Programming interface, based on the latest specifications, allowing device manufacturers an easy integration of the module, as well as a provisioning service, transferring the burden of device personalization from the device manufacturing line to WISeKey’s secure Personalization Center.

Moreover, the versatile security module, implementing Elliptic Curve Public Key cryptography PKI primitives as well as the specific Sigfox requirements, is a perfect solution for companies providing multi-network solutions requiring a state-of-the-art security coverage on all network types. Designed for low cost, power and surface constrained devices, it proposes industry standard I2C connectivity, very low power consumption and a very little footprint.

“Our flexible Personalization Center in the South of France and our central Public key based IoT framework in Geneva, once again demonstrate their unique ability to provide turnkey solutions to our customers, a very appreciated asset,” said Benoit Makowka.

“With this Sigfox specific secure add-on, we are expanding our offer of securing the IoT to the very promising Low Power Wide Area Networks, of which Sigfox is a forerunner.”

VaultIC184 is part of WISeKey’s global end-to-end scalable security framework WISeTrustIOT, a Public Key Infrastructure based overall response to mitigate ever increasing risks of cyber-attacks in IoT.

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IoT Technology Worth Your Investment

IoT Technology Worth Your Investment

By Marc, writer at IoT Business News

Just a while ago, the Internet of Things was only a blossoming idea that many investors did not take notice of and now the industry is expected to be worth trillions by 2020.

The modern consumer has become so accustomed to receiving connectivity in most of their communication devices that the progression to other ‘things’ only seemed natural. From the programmable thermostat with Wi-Fi connectivity to tech polo shirts, the IoT is definitely revolutionising the consumer market.

All this growth also means lucrative opportunities for investors. When trading with an online broker such as CMC markets, it helps an investor to know the companies to watch out for in the IoT sector.

Which IoT technology is worth your money?

Home Automation

Smart homes are not the far-fetched concept they were five years ago. The market is presently filled with IoT devices that make it easy to tackle common home chores. Homeowners can now connect every switch in their houses to a single hub, giving greater control. Now you can track your HVAC system from a mobile device with the advent of smart thermostats. Refrigerators have touch screen interfaces where people can top up their groceries. A product like Amazon Echo, with its voice-activated command, has become very popular in homes. Smart bulbs are other products that have made quite an impact in smart buildings. These systems come with a range of colours that suit different settings and dimming capabilities that help with energy efficiency. The need for more intelligent appliances and home systems continues to drive things, particularly in the IoT sector. As consumers come to comprehend the benefits of home automation, demand increases. Couple that with the fact that prices keep going down and you have a thriving industry worth investing in.

Wearables

Wearable technology has the greatest potential when considering investment options. The idea of wearables is not a new one with devices like the wristwatch calculator going back decades. However, tech companies and investors have come with entirely novel ways for people to have technology on their bodies. The iWatch from Apple is notably the most popular wearable tech, though other companies like Samsung and Google have produced similar products. Fitness tracking devices have also been very monumental in the dramatic growth of wearable IoT. Individuals can now exercise as they monitor their vitals on smartphone apps. The healthcare sector has benefited a great deal from wearable technologies as tech enterprises produce products like heart and blood sugar monitors that operate online. The future of wearable technology looks bright, and this is one industry where an investor can make decent profits.

Infrastructure Providers

The internet of things needs infrastructure to be operational, and the companies that provide them are ones that an investor should watch keenly. For example, tech t-shirts need processing chips to be able to receive and send data. The companies that offer the processing chips for IoT manufacturers have capitalised in a big way. Examples of such corporations include Qualcomm, Cisco Systems and Intel. Investors can learn about other components that are necessary for the IoT products such as sensors and Wi-Fi networks.

IoT Security

The increased use of online platforms in everyday life has left the modern day consumer exposed to many threats. Companies that manufacture and sell IoT products also have to consider the safety of their systems. With the use of ransomware to extort big corporations, theft of sensitive data and even identity theft, someone has to be responsible for security. A lot of companies provide security systems and products for IoT users and producers, and that is another sector where an investor can try making money.

Data Gathering

The internet of things has given rise to big data companies, which collect all the information generated from these devices and systems. As internet users increase in various sectors, big data becomes more prominent. A company like IBM took advantage of the burgeoning demand for IoT and invested in the cloud business. All the data from IoT users and enterprises requires storage, and the cloud is the most secure option. Other entities have followed suit, and you can find out which ones have suitable investment opportunities. Some players in the IoT market are behemoths that foresaw the dominance of the industry while others are startups that are cashing in on emerging prospects. IoT is expected to keep an upward trajectory, from which an investor can make money.

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Wipro Joins LoRa Alliance to Accelerate IoT Deployments

Wipro Joins LoRa Alliance to Accelerate IoT Deployments

Wipro Limited today announced that it has become a member of the LoRa Alliance™, one of the fastest growing Internet of Things (IoT) alliances with over 400 members.

This membership will help Wipro accelerate its Internet of Things (IoT) solution deployments, using Low Power Wide Area Networks (LPWAN) technology for customers across industry sectors such as energy, utilities, natural resources, smart cities, ports, and logistics.

The LoRa Alliance™ is an open, non-profit association, with a mission to standardize the deployment of LPWAN technology across the world to enable IoT, machine-to-machine (M2M), smart city, and industrial applications. It was formed in 2015 by technology industry leaders, including Cisco, Semtech, IBM, and telecommunications majors.

The LoRa Alliance™ defines and drives the Long Range Wide Area Network (LoRaWAN) technology. LoRaWAN™ is an LPWAN specification intended for wireless battery operated devices in a regional, national or global network. It provides seamless interoperability among smart devices without the need for complex local network installations, and empowers users, developers, and businesses, enabling the seamless rollout of IoT solutions.

Anita Ganti, Senior Vice-President and Global Head, Product Engineering Services, Wipro Limited said:
“We are delighted to join the LoRa Alliance™. This alliance will help Wipro to deploy IoT solutions using LoRaWAN™ technology. LoRaWAN™ and LPWAN play a critical role by creating both public and private networks, which are essential for successful IoT deployments. The ease of installation of the LoRaWAN™ network, in licensed exempt spectrum, will help us in solving connected engineering challenges to ensure uninterrupted connectivity for our customers across the globe.”

Jayraj Nair, Vice-President and Global Head IoT, Wipro Limited said:

“We support the mission to standardize Low Power Wide Area Networks (LPWAN) being deployed around the world to enable Internet of Things (IoT), machine-to-machine (M2M), smart city, and industrial applications. We are excited about LoRaWAN™ optimized power management, which will enable broad deployment of IoT solutions with smaller payloads.”

“Wipro’s proven system integration capabilities can enable adoption of LoRaWAN technology for IoT. Wipro has already demonstrated its leadership in the adoption of LoRaWAN™ technology by enabling smart ports and mines in India,” said Geoff Mulligan, Chairman, LoRa Alliance™. “Joining the LoRa Alliance™ will help Wipro to generate value for IoT market participants by being part of our large ecosystem, enable them to get closer to their customers and introduce new connectivity-enabled services.”

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