Robert Bosch is taking on U.S. technology rivals by launching its own cloud computing network to connect up anything from cars to dishwashers via the Internet.
Traditional German industrial companies like Bosch are looking to transform themselves from manufactures of equipment to service providers using data generated by their machines.
Bosch is hoping its engineering expertise will give it an advantage in making the “Internet of Things” (IoT), where objects communicate with each other, a reality for its customers in smart homes, connected mobility or intelligent industry.
Its announcement on Wednesday that it plans build its own cloud puts it in competition with services from U.S. technology giants Amazon, Google, Microsoft, IBM and Salesforce.
The Internet of Things (IoT) is the network of physical objects—devices, vehicles, buildings and other items which are embedded with electronics, software, sensors, and network connectivity, which enables these objects to collect and exchange data. Implementing this concept is not an easy task by any measure for many reasons including the complex nature of the different components of the ecosystem of IoT. To understand the gravity of this task, we will explain all the five components of IoT Implementation.
With over 50 billion connected devices expected by 2020, the Internet of things (IoT) is poised to have a major impact. What’s not clear, however, is how the IoT’s complex ecosystem — a loose network of interacting products and services, pictured below will evolve and proliferate and which companies will emerge as leaders. (Click here to for a version that you can enlarge to see more detail.) The red nodes represent platform companies; the gray ones are companies that provide a product or service.
Smart watches and smart light bulbs are bound to get even smarter with this announcement.
ARM is launching its smallest and lowest-power ARMv8-A processor today as it further targets next-generation wearables and Internet of Things applications.
ARM already has an estimated 70 percent market share in embedded, or processors that are used in appliance-like devices such as automobiles. It is positioning itself to expand that share with a focus on the Internet of Things (smart and connected everyday objects), which could be a $1.7 trillion market by 2020, according to market researcher IDC.
Microsoft today announced that its Azure IoT Hub — a cloud service for registering, managing, and communicating with Internet-connected devices — will become generally available tomorrow, February 4.
Cisco today announced plans to acquire Jasper Technologies, a company that offers a cloud service for managing Internet-connected devices, for a total of $1.4 billion.
The Internet of Things (IoT) has become a hot area for cloud infrastructure providers such as Amazon Web Services and Microsoft Azure. Intel, IBM, and other companies have initiatives in this area.
Seebo, the Tel Aviv, Israel-founded startup that offers an Internet of Things (IoT) end-to-end platform to help companies launch smart products faster, has closed $8.5 million in Series A funding. The round, which was led by Carmel Ventures with participation from existing investors, including TPY Capital, brings the total raised by the company to $14 million.
Sony Corporation announced today that it will acquire Altair Semiconductor for $212 million. Founded in 2005 by three former Texas Instrument executives, Israel-based Altair makes chips that connect devices to LTE and its technology will help develop Sony’s Internet of Things business.
As we connect everything from Barbie dolls to front-door locks and cars to the Internet, we’re creating more—and possibly more dangerous—potential ways for cyberattackers to wreak havoc.
