Internet of things has become quite a rage in the recent times. And with the various news, events, launches and appointments that IoT industry made, it was evident that this industry is growing big and is here to stay. With just the first year of the IoT based portal in India, the popularity IoT India Magazine gained is the testimony of the fact that the industry is picking up fast and there is a tremendous scope for it to grow further. But for now we bring to you the top news that hit the IoT industry in the year 2016.
Funding and Investments
1| Altizon bags $4M in series-A funding: Altizon Systems, one of the world’s first Industrial Internet Platform Company focused of Things (IoT) closed a $4million in series – A funding from Wipro Ventures, in support with Lumis Partners and current investors, the Hive and Infuse Ventures.
2| Actofit Raises INR 5 Crores: Wearable Tech Fitness Startup Actofit Raises INR 5 Crores (US$750k) To Back Its Much-Awaited Smart Wrist-Wear that tracks comprehensive indoor workouts and provides data driven actionable insight.
3| Bosch invests in India To Boost IoT: After investing 1.2 billion euros in IoT in India, Bosch came up with its first ever accelerator programme, called ‘discover, nurture and align– DNA with an aim to offer a platform and opportunity to the start-ups to gain access to Bosch’s working environment.
4| Gaia Smart Cities acquire Netcore’s Internet Of Thing Business: As a part of the recently inked deal, Gaia Smart Cities, an India based start-up in the field of City Scale IoT technology solutions has acquired the Internet of Things division of netCORE Solutions, a leader in marketing technology & enterprise communications.
Collaboration and Partnership
1| SoftBank And Aeris Collaborate Over Expanding IoT: With an aim to provide IoT and telematics services at a global level, SoftBank Corp, a global technology player supporting disruptive entrepreneurs and Aeris, one of the largest IoT service providers in the world, have established a joint venture in Japan, which would be known as Japan K.K.
2| SK Telecom, Intel Collaborate To Expand WebRTC Into The IoT Market: SK Telecom, a South Korean wireless telecommunications operator announced plans to collaborate with Intel, the world’s largest semiconductor chip maker, to expand the ecosystem of WebRTC into the IoT market.
3| Inmarsat plc and Vodafone forms agreement: Inmarsat plc, the leading provider of global mobile satellite communications, and Vodafone announced a roaming agreement with the ambition to enable international satellite and cellular roaming connectivity for the Internet of Things (IoT).
4| Reliance Signs Global Partnership With GE: Aiming towards digital transformation in the industrial world, Reliance Industries Limited signed a global partnership agreement in the Industrial IoT space (IIOT) with GE. Both the companies will work together to build joint application on GE’s Predix Platform.
5| Reliance, Cisco Jasper Ink IoT Joint Venture: Reliance group led by billionaire Anil Ambani has inked a historic deal with tech giant Cisco Jasper to launch its independent Internet of Things (IoT) unit UNLIMIT. The move is aimed to unlock the potential of IoT in India, since it is a critical enabler of growth and will also play a key role in furthering the Digital India project.
6| Crompton And Gooee Partner To Boost Up IoT Ecosystem: Soon India would lead its way to smart lighting market, as the award winning IoT lighting ecosystem by UK based firm Gooee is eyeing a launch in India. It has teamed up with Crompton Greaves Consumer Electricals, India’s leading supplier of consumer electrical goods, lighting and lighting automation systems, to be Gooee’s official launch partner in India.
Launches and Appointments
1| Reliance Group appoints Juergen Hase To Head Its IoT Businesses: After announcing an IoT partnership with Jasper sometime back, the latest announcement of the company came with the appointment of Juergen Hase as the Group CEO for its IoT Business.
2| Beyond Evolution launched IoT platform called BeConnected: Beyond Evolution, a Mobile Apps development & IT Solutions Company, announced their entry into the IoT space with the launch of new IoT platform called BeConnected and a slew of Smart Home Devices that will be operating on it.
3| Lantronix Launches New Subsidiary & IoT Software Lab: Lantronix, a specialised networking company providing ‘Machine to Machine’ and ‘Internet of Things solutions’, announced the launch of a new Lantronix subsidiary and an IoT software lab in Hyderabad, India. This step is aimed towards strengthening IoT domain of the company.
4| 75F Launches Operation In India: US based 75F, a leader in building automation for light commercial buildings, announced the launch of its business operations in India. This would be company’s first international office and it will be set up in Bangalore. Also along with this launch, 75F will be introducing its award-winning ‘Dynamic Airflow Balancing’ technology to the Indian market.
5| Libelium Launches MySignals, A New IoT Platform: Libelium released MySignals, the most complete eHealth development platform. The biometrical IoT platform allows developers to easily create new software eHealth applications and medical devices measuring 20 different body parameters.
6| Teradata Unveils Analytics Of Things Accelerators: The big data analytics and marketing applications company, Teradata, revealed plans to build IoT Analytics units based in India, United States and United Kingdom. The units will focus on developing innovations to derive the greatest value from the Analytics of Things (AoT).
7| ThermoKing Launches ThermoTrack: A Reefer Telematics Solution For Real Time Monitoring Of Truck And Refrigeration Unit Data.
8| IBM Launches Global Watson IoT Consulting Solutions: With the number of connected devices skyrocketing, it comes as a move by IBM to make IoT accessible to millions around the world. It aims to do so by the launch of its new Watson IoT Consulting Solutions for which IBM would dedicate more than 1500 industry experts.
1| Misfit Phase Hybrid Smartwatch Debuts In India: India saw the launch of Misfit Phase, a Hybrid Smartwatch by Misfit, and would be available to its customers in 6 colourways starting at Rs. 12,550. Misfit Phase is an advanced timepiece that merges the design of an analog watch with the functionality of a smartwatch.
2| Arrow Brings The First “Smart Shirt”: As a new development in the area of wearable, one of the largest clothing brands, Arrow, has come up with an innovative wearable shirt. Now go “smart” with your office wear as Arrow enters the future of fashion with its Smart Shirts, which lets you share your business cards, social media profiles, sets a meeting mode, plays your favourite music and much more.
3| OKWU Unveil Its Incredible Range Of IoT-Ready Smartphones: OKWU, a Mobile Technology company in India, unveiled its niche line of ‘smarter’ phones in November of 2016 at the Indian Habitat Centre.
4| MediaTek Expands Its Wearable Portfolio: MediaTek India, a leading fabless semiconductor design company, announced the availability of two new System on Chips (SoCs) specifically targeted towards the emerging health, fitness and wearables market in the country.
5| TomTom launches Fitness Tracker in India: With TomTom launching its Touch fitness tracker in India, the country has got the first fitness tracker that combines body composition analysis (BCA) with steps, sleep and all day heart-rate tracking, right from the wrist.
6| Portonics Launches Yogg X Smartwatch In India: Portronics, a pioneer in Portable devices and gadgets, has enhanced its Wellness Series by launching “Yogg X”- a smart fitness watch with a touch-enabled detachable dial and a water proof design. Yoggx joins their Yogg Fitness tracker which was launched last year.
7| Smartwatch Maker Pebble Shuts Down: One of the biggest moves in the wearable industry, Pebble, one of the first companies to have entered the smartwatch market, announced on their blog-post that it would no longer be an independent entity.
1| Telengana Govt Comes Up With IoT And Smart Technology Policy: Telangana government will soon be coming up with IoT and Smart Technology Policy to encourage startups and product development companies in the IoT space. It would aim at promoting Internet of Things and smart technologies by providing opportunity to the home-grown players.
2| IoT Soon To Feature In Andhra Engineering Syllabus: Recognizing the significance of IoT and how the future will be shaped by this technology, Andhra Pradesh Cabinet has approved the first-of-its-kind policy on Internet of Things (IoT) with the objective of making the state an IoT Hub by 2020. Andhra Pradesh government also acknowledges the fact that talented IoT professionals will be needed to fulfill this dream.
3| Pune sees launch of 14 projects under Smart City mission: The Modi government laid down the mission guidelines for creating 100 smart cities in the country over a duration of 5 years (FY2015-16 – FY2019-20) with a budget of Rs.48000 crore. As part of the process, in the first phase, 20 cities were selected for being converted to smart cities. Pune being the second city among the 20 selected.
1| IoT Botnet Cripples Internet: 21st October 2016 witnessed a scenario in the United States where Dyn, an Internet infrastructure company, a provider of critical technology services to some of the major websites was attacked by the cyber criminals.This internet attack which was on a massive scale led to network congestion for a huge number of websites who were having Dyn as their domain registration services provider.
2| Hewlett Packard Removes Barriers For Mass Adoption Of IoT: To do away with major barriers like the prohibitive costs, security concerns, Hewlett Packard and Aruba – a HP Enterprise Company, announced new innovations that would help organizations rapidly, securely and cost-effectively deploy Internet of Things devices in wide area.
3| Silvan Launches Wireless Home Automation Products For Indian Homes: Silvan, the pioneers of sensible home automation products and solutions in India, launched the new series of retrofit wireless control modules – SIRUS, SIREL, SANSA and LUMOS LITE – at the Electrical Building Technology India (EBTI), 2016. The new products are aimed at making smart yet simple IoT enabled homes for convenience, security and controls of electrical fittings & fixture. The products are ‘Made in India’ and specifically customised for Indian homes and scenarios.