Sigfox posts €50 million in revenue, reiterates plans for 60 country connectivity in 2018

Sigfox, the French-based Internet of Things (IoT) connectivity provider, has announced its 2017 results and 2018 roadmap, promising a network of 60 countries and more than a billion people worldwide.

Revenues went up to €50 million (£44.4m), a rise of more than 56% year over year, according to the company, while the total number of objects connected to the Sigfox network rose by 65% to a total of 2.5 million. Alongside this, the company’s network grew to 45 countries earlier this month, including Malaysia, South Korea, and Switzerland.

Looking at the company’s 2018 roadmap, alongside its network figures Sigfox is promising greater focus on its evangelisation strategy. To that end, the provider is launching Hacking House, a project that will ‘bring together students from around the world to learn about IoT and Sigfox’s pioneering technology’, as the company put it.

“There is tremendous value in IoT, which lies in the data that is generated by millions of connected objects across the globe,” said Ludovic Le Moan, co-founder and CEO of Sigfox in a statement. “It’s up to us to turn this golden opportunity into a multi-billion dollar industry, just like we did with petrol a century ago.

“Our challenge for the next few years will be to lower the cost of collecting that data to close to zero,” Le Moan added.

This makes for an interesting comparison when looking at Sigfox’s proclamations in November 2016. The company had just secured a €150m funding round and promised then what it promises today – coverage in 60 countries by 2018.

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Huawei unveils global expansion plans for Huawei Pay

Read more: Crunchfish aims to make mobile payments swimmingly easy Putting security and usability first

Huawei has signed an agreement with UnionPay International in a bid to bring its Huawei Pay payment service to more countries around the world.

Chinese telecoms equipment giant Huawei is working with financial services company UnionPay to take its Huawei Pay service global and provide a better mobile payment experience for users of its mobile devices.

The two companies initially joined forces in 2016 in order to develop Huawei Pay, essentially an alternative to Apple Pay and Google Wallet. Now, they’re looking to expand the availability of the app.

With the app, Huawei and Honor smartphone owners are able to make payments by adding their UnionPay bank cards and placing their handsets on a POS (point of sale) machine. The service has only been available in China until now.

Read more: Crunchfish aims to make mobile payments swimmingly easy

Bold expansion plans

There are clearly many mobile payments apps out there and plenty of competition. Huawei is trying to differentiate its offering with the claim that it focuses no security, using all-device protection and payment token technology in order to protect users’ privacy and data.

Currently, the service is supported by 66 banks and 20 mobile devices, including smartphones and smartwatches. Huawei expects the app to increase in popularity as it sells more smartphones and smartwatches across the world. It claimed the expansion of the app will “increase the number of Huawei Pay transactions carried out annually”.

Alex Zhang, president of Huawei Consumer Cloud Service, said that mobile payment services are becoming an integral part of the global economy. “Open sharing is an important direction for the future of the digital economy and intellectual interconnection, which is why Huawei’s end-user cloud services built an open and globalised smart mobile ecosystem for the end-user experience,” he said.

Read more: Bank of America, FitPay partner to speed up wearable payments

Russia first

The companies confirmed that Russia will be the first market to get the service. At the moment, 85 percent of Russian POS terminals and ATMs accept UnionPay bank cards.

Larry Wang, vice president of UnionPay International, said it regularly forms partnerships with technology companies and financial organisations to “integrate the advantages of each party”.

He said: “This cooperation with Huawei is of great significance. Firstly, with this agreement, the two sides realise cooperation on a global scale, and issuers outside mainland China can now launch Huawei Pay pay-as-you-go once connected to the UnionPay Mobile Service Platform, which greatly saves time and costs.

“Secondly, UnionPay’s innovative products are an important propeller for the business localisation of the two parties, and it supports payment upgrades in more countries and regions.”

Read more: Internet of Banking & Payments: where every device is a payment device

The post Huawei unveils global expansion plans for Huawei Pay appeared first on Internet of Business.

Internet of Business

Arduino Create plans for education now available!

Today, we’re excited to announce that Arduino Create is now available for schools with Chrome OS devices in their classrooms.

With Arduino Create, students and teachers will be able to tinker with Arduino hardware and programming in a collaborative, always up-to-date environment. You can learn how to subscribe using this tutorial.

Last June, we launched Arduino Create for Chrome OS; however due to limitations with Google Apps for Education (GAFE), educational institutions were unable to purchase subscriptions on the Chrome Web Store.

The new Arduino Create subscription site allows schools to purchase and manage subscription plans for their students, starting at $ 0.20/student per month. All you need is a credit card and the email addresses of the students you would like to enroll. We also have a solution for students under the age of 14 who might not have full access to emails.

The Google Admin console can be used by IT administrators to bulk install the app on a fleet of Chrome OS devices.

Arduino Create will continue to be available for regular Chrome OS users at $ 0.99 per month on the Chrome Web Store. Both versions support the following boards: Uno, 101, Mega, Mega ADK, Esplora, Nano (ATmega328), Micro, Zero, MKR1000, MKR Zero, MKR Fox 1200, MKR GSM 1400, MKR WAN 1300, Pro, and Pro Mini (ATmega328).

Visit the new Arduino Create subscription site to get started. If you have any questions or comments, write to us on this Forum page. We look forward to hearing your feedback!

Arduino Blog

KaHa raises funds to drive its consumer IoT expansion plans

Singapore-based consumer IoT company, KaHa has successfully been able to raise fund for its IoT initiatives. A total of USD4.5 million is invested in KaHa, which will help drive the IoT company’s expansion plans.

KaHa provides IoT platform and solutions for smart wearables and watches. The company also announced a partnership with Titan. Recently Titan launched its first offering on KaHa platform, the “Titan WE” smartwatches for woman.

KaHa’s fully-customisable, end-to-end smart wearables consumer IoT solutions can be plugged into any stage of the value chain. It is focussing on further growing its leadership position by opening an innovation centre in Geneva, which will be one of the biggest innovation centres for watches.

KaHa’s IoT platforms, COVE and COVEnet is powering Titan smart range with both companies working jointly towards a vision of making seamless technology integration with world-class design. Its immediate mission is to bring freedom and security to urban women, by utilising KaHa’s unique safety, wellness and health functions.

With partnerships and funds, KaHa is ready to meet the growing needs of this wearables global market.   Read more…

The post KaHa raises funds to drive its consumer IoT expansion plans appeared first on Internet Of Things | IoT India.

Internet Of Things | IoT India

Highways England details its V2I plans for roads ‘of the future’

Highways England has set out its plans on how V2I (Vehicle-to-Infrastructure) technology in connected vehicles will be used to improve the nation’s road network.

Connected cars offer a huge opportunity to optimise Britain’s congested roads to improve safety and reduce journey times. Roadside infrastructure can report data into cars such as traffic density, and the range of sensors in the vehicles can be used to relay information back  such as dangerous road conditions.

Transport Secretary Chris Grayling said:

This government is making people’s journeys better, faster and safer to give people better access to jobs, schools and their community.

We are planning to spend more than ever before to upgrade England’s motorways and major A roads from 2020 through to 2025.

As the government’s authority on the operation, maintenance, and improvement of the nation’s motorways, Highways England has been looking into how this data-sharing can be used. In a report today, it’s set out its vision.

'Safe, efficient, and reliable journeys'

If you’ve used Britain’s roads, you'll be all too familiar with potholes. In a car, they’re uncomfortable but don’t often pose much danger. For bikes, however, they can throw a rider off and cause serious injury — or even death.

Connected motorbikes are not something often brought up in conversations, but data from any vehicle type will help to improve the experience for all road users. Highways England wants connected vehicles to automatically report potholes so the most serious can be prioritised for repair.

The authority also wants to lay around 700 miles of high-speed fibre optic cables along the busiest motorways to beam live travel information to car dashboards. Some of the motorways specifically mentioned include the M1, M4, M6, M25, M40, and M42.

The system will be an update to the existing ‘smart’ motorway network introduced in 2016 which uses electronic gantries to close lanes and change the speed limit to ease congestion.

In the RAC’s annual Report on Motoring, 61 percent of motorists believe congestion and journey times on the motorways have worsened in the last 12 months. In October, a report claimed that jams cost the economy £9 billion per year.

Beyond using connected vehicles and roadside infrastructure, Highways England intends to employ drones. The drones will be used to fly overhead and report back on incidents to improve response times.

Highways England Chief Executive, Jim O’Sullivan, said:

We are delivering a record £15 billion of government investment to give people safe, efficient, and reliable journeys, and provide businesses with the links they need to prosper and grow.

Because people’s journeys are important to us we are setting out our high-level aspirations which will help ensure the network continues to drive economic growth, jobs and prosperity, and keeps traffic moving today, and into the future.

The report will be used to inform the government’s next road investment strategy which begins in 2020.

What are your thoughts on Highways England’s plans? Let us know in the comments.

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