Internet of Things IoT

Luxembourg, 1 September 2022 – OQ Technology, a global 5G IoT (Internet of Things) satellite operator, has closed a 13 million Euro Series A funding round led by Wa’ed Ventures, the ventue capital arm at Aramco (the Saudi oil and gas company), and Phaistos Investment Fund, managed by 5G Ventures in Greece.

23 August 2022 – Tuya Smart, a global IoT development platform service provider, has taken the sustainability initiative into its own hands.

MIddletown, R.I., 23 August 2022 – QMed Innovations, an IoT-powered solutions for global asset management of surgical trays and implant inventory, has announced its partnership with Medical Tracking Solutions (MTS).

Shanghai, China. 03 August 2022 – Quectel Wireless Solutions, a global IoT solutions provider, has published a new whitepaper, titled ‘Which connectivity is the smart choice for POS and vending?’ The paper explores which connectivity is the most effective connectivity technology for smart point of sale (POS) and vending devices. Both industries have been revolutionised

Digital infrastructure plays a critical role in nearly every aspect of how we live and work. Due to the pandemic, more people are working remotely than ever before. Add to this the increasing amounts of applications being migrated to the cloud, and data generation exploding through the adoption of IoT, more pressure has now been

Cologne, Germany. 8 June 2022 –1NCE reports that SoftBank Corp. has secured an equity stake in the company and signed an exclusive distribution deal covering the Asia-Pacific (APAC) region. SoftBank Corp., a Japanese communication and information technology service provider, will sell 1NCE IoT services exclusively in 19 APAC markets.

Munich, Germany & Zurich, Switzerland. 31 May 2022 – Nexxiot, announced Knorr-Bremse, the global specialist in braking systems and other rail and commercial vehicle systems, as a new customer and strategic investor. In a CHF76 million deal that will shape the future of rail transportation, Knorr-Bremse and its North American subsidiaries New York Air Brake

These are peculiar times wherein the organisations are swaying between uncertain growth and failures. Digital transformation, as we all know, is at the helm of building fortunes overnight. While it continues to be an important subject of discussion every year, 2022 is still special, says Yash Mehta, an IoT and big data science specialist.