Home > Resources > Articles > IoT Aids the Growing Wearable Technology

IoT Aids the Growing Wearable Technology

IoT Aids

Nothing is more innovative or sophisticated than the products being made by the wearables industry in the "smart" era. Individuals track, analyze, monitor, and transmit personal data using these tangible wearable gadgets. Moreover, the adaptable wearable technology is opening up new horizons with business-focused smartphone apps. However, it is still in its early stages, and according to recent developments in this field, the major players in wearable technology are concentrating on developing products with a focus on business applications.


These intelligent Internet of Things (IoT) devices are now widely employed in a variety of businesses and help detect biometric data such as heart rate and sleep habits, among others. In the coming ten years, wearable IoT technology or devices ought to become an integral part of every individual’s daily life.

Businesses around the world are incorporating the newest technologies into their functioning and are looking at digitally altering their impact in the market. With the majority of people already accustomed to using smartphones, they are now also getting familiar with utilizing wearable technology, such as smartwatches, jewelry, and fitness bands. Therefore, the demand for applications is increasing along with technology as we become more technologically adept.


Rising Wearable Industries


Health and Fitness Wearables

The health, fitness, and fashion industries are closely related to any wearable technology or device. People are now frequently using smartwatches to monitor their heart rate and the number of steps they take when walking or running, which has boosted the industries with this technology. IoT devices include medical sensors to track progress in terms of health. It is possible to determine how healthy a person's lifestyle is by gathering accurate health statistics from these devices. Additionally, it monitors sleeping patterns, enhancing your overall quest for wellness.


Gaming Wearables

Gaming is a significant new market for wearable technology and one which is booming. The most prevalent category of wearables in the market is virtual reality (VR) headsets. With VR devices like the Oculus Rift or Playstation VR, players are immediately immersed in otherworldly experiences. Several kinds of breathtaking experiences are now accessible to players everywhere, thanks to VR wearables.


Connected Cars

Automobiles are steadily gaining traction among IoT devices, but they are still a small market (just 0.05 percent of all connected devices are cars), and Ford and Tesla are vying for the top spot. Ford has dominated the connected car market, with Subaru being the only other manufacturer to see any appreciable growth in new connections since July 2020. In contrast, other producers are fighting for a sizable market share as the potential to grow this segment is highly exponential.


Conclusion

Today, wearable technology is planned, developed, distributed, and used in a variety of consumer and corporate markets. The ways in which these markets overlap and influence one another are constantly changing. IoT will significantly change how businesses engage with customers, streamline their operations, and contribute to the creation of a system that relies on such data.

Spotlight

Craftveda Technology

Team of dynamic enthusiast trying to innovate and leverage the new age digital technology with expertise in strategy,technology and business remodeling. Craftveda Technologies was founded in 2017 by the pioneers and stalwarts from the Global Technology & Business Services industry . Our main motto is to enhance business agility by leveraging technology and operations to maximize value from the business.

OTHER ARTICLES
Enterprise Iot

Top Technologies in IoT Network Security for Network Resilience

Article | July 6, 2022

Building resilient IoT networks: Exploring the top technologies for enhancing IoT security and protecting as well as safeguarding against evolving cyber threats in the interconnected era of Industry 4.0. Contents 1. What is Network Resilience and Why is it Needed? 1.1 Continuous Operation 1.2 Mitigating Security Threats 1.3 Data Protection 1.4 System Availability 1.5 Risk Management 1.6 Regulatory Compliance 2. Factors to Consider for Network Resilience 3. Top Trends in IoT Security 3.1 Zero Trust and AI 3.2 Supply Chain Security 3.3 Network Segmentation and Segregation 3.4 Over-the-Air (OTA) Updates 3.5 Device Authentication and Authorization 3.6 Software-defined Networking (SDN) Security 3.7 Identity and Access Management (IAM) 4. Conclusion 1. What is Network Resilience and Why is it Needed? Network resilience refers to the ability of an IoT network to withstand and recover from disruptions, attacks, or failures while maintaining its essential functions. It involves implementing measures to ensure the network remains available, reliable, and secure, even during security threats or unexpected events. Ensuring network resilience is a critical aspect of IoT network security. Network resilience refers to the ability of an IoT network to withstand and recover from disruptions, attacks, or failures while maintaining its essential functions. Ensuring network resilience in IoT network security is crucial for the following reasons: 1.1 Continuous Operation IoT networks often support critical applications and services that require uninterrupted operation. Network resilience ensures that these applications can continue functioning even during disruptions, such as network failures or security incidents. It minimizes downtime and ensures business continuity. 1.2 Mitigating Security Threats IoT networks are susceptible to various cybersecurity threats, including malware, unauthorized access, or Distributed Denial of Service (DDoS) attacks. Network resilience measures help mitigate these threats by implementing security controls, monitoring network traffic, and enabling prompt detection and response to security incidents. 1.3 Data Protection IoT devices generate and transmit vast amounts of sensitive data. Network resilience safeguards data integrity, confidentiality, and availability by implementing secure communication protocols, encryption mechanisms, and access controls. It ensures that data remains protected even during network disruptions or security breaches. 1.4 System Availability IoT systems often rely on real-time data processing and communication. Network resilience ensures that data flows seamlessly, allowing IoT devices to exchange information and execute tasks without interruptions. It supports critical functions such as monitoring, control, and decision-making processes. 1.5 Risk Management Building network resilience helps organizations effectively manage risks associated with IoT deployments. By identifying vulnerabilities, implementing protective measures, and having response plans in place, organizations can minimize the impact of security incidents, reduce financial losses, and maintain the trust of stakeholders. 1.6 Regulatory Compliance Many industries have specific regulations and standards governing the security and resilience of IoT networks. By ensuring network resilience, organizations can demonstrate compliance with these requirements, avoiding penalties, legal issues, and reputational damage. 2. Factors to Consider for Network Resilience Implementing redundancy and failover mechanisms within the network infrastructure helps mitigate the impact of single points of failure. This involves deploying backup systems, redundant network paths, and failover mechanisms to ensure continuous operation despite a failure or attack. Traffic Monitoring and Anomaly Detection for Continuous network traffic monitoring helps identify abnormal patterns or behaviours that may indicate security threats or attacks. By leveraging intrusion detection and prevention systems (IDPS) and traffic analysis tools, organizations can promptly detect and respond to network anomalies, safeguarding network resilience. Moreover, segmentation and Isolation: Dividing the IoT network into segments or zones and isolating critical devices or systems from less secure ones enhances network resilience. Implementing proper network segmentation, VLANs (Virtual Local Area Networks), or software-defined networking (SDN) enables effective control, containment, and mitigation of security incidents. DDoS attacks significantly threaten network resilience by overwhelming the network's resources and causing service disruption. Deploying robust DDoS protection measures, such as traffic filtering, rate limiting, and traffic diversion, helps mitigate the impact of such attacks and ensures network availability. Incident Response and Establishing comprehensive incident response and recovery plans specific to IoT network security incidents is crucial. These plans should outline clear procedures, roles, and responsibilities to efficiently respond to and recover from security breaches or disruptions, minimizing downtime and maintaining network resilience. In addition, regular penetration testing, vulnerability assessments, and network audits help identify weaknesses and vulnerabilities in the IoT network infrastructure. Promptly addressing these issues through patches, updates, and security configuration adjustments strengthens network resilience by proactively addressing potential security risks. By implementing these measures, organizations can enhance the resilience of their IoT networks, ensuring continuous operation, prompt threat detection, and effective response to security incidents. Network resilience plays a vital role in maintaining IoT systems' integrity, availability, and reliability in the face of evolving security challenges. 3. Top Trends in IoT Security 3.1 Zero Trust and AI Zero Trust is an emerging security concept that assumes no implicit trust towards devices or users, even if they are already inside the network perimeter. Implementing Zero Trust principles in IoT networks can help mitigate the risks associated with compromised devices and unauthorized access for IoT security. In order to bolster cybersecurity measures, adopting a zero trust approach. Effectively addressing cybersecurity challenges entails not merely technological solutions but a comprehensive organizational strategy rooted in cultural and policy frameworks. Emphasizing the zero trust concept underscores the importance of policy implementation throughout the entire organization, complementing technological measures. 3.2 Supply Chain Security The complex and interconnected nature of IoT supply chains introduces security risks. The supply chain for IoT devices involves multiple stages, including device manufacturing, software development, distribution, and deployment. Each stage presents potential security risks that can compromise the integrity and security of the IoT network. This includes adopting secure supply chain management practices, such as verifying the security practices of suppliers and manufacturers, and establishing clear security requirements and standards for the entire supply chain. Conducting third-party risk assessments helps evaluate the security posture of suppliers and vendors to identify any potential vulnerabilities or weaknesses. 3.3 Network Segmentation and Segregation In IoT security, minimizing the potential impact of a compromised IoT device is crucial, and network segmentation and segregation play a vital role in achieving this goal. Network segmentation involves dividing the network into separate zones or segments, based on factors such as device type, functionality, or security requirements. The containment strategy helps minimize the impact of a security breach by isolating compromised devices and preventing lateral movement within the network. 3.4 Over-the-Air (OTA) Updates Software updates play a critical role in maintaining the integrity and security of IoT devices. IoT devices frequently require updates to address software bugs, patch vulnerabilities, or introduce new features. Over-the-Air (OTA) update mechanisms are being enhanced with robust security measures to ensure the secure delivery and installation of updates. Code signing is a prevalent practice where updates are digitally signed with cryptographic keys to verify the authenticity and integrity of the software. Secure boot is another important mechanism that establishes a chain of trust during the device boot-up process, ensuring that only authorized and tamper-free software is loaded onto the device. 3.5 Device Authentication and Authorization The increasing number of IoT devices poses a significant challenge in ensuring secure and trusted authentication and authorization. Two-factor authentication (2FA), for example, adds an extra layer of protection by requiring users or devices to provide two separate forms of authentication, such as a password and a unique code sent to a mobile device. Digital certificates, on the other hand, enable secure and trusted device authentication by leveraging public key infrastructure (PKI) technology. Each IoT device is issued a unique digital certificate, which serves as a digital identity, allowing for secure communication and verification of device authenticity. 3.6 Software-defined Networking (SDN) Security Securing Software-defined Networking (SDN) environments is paramount to protect IoT deployments. SDN offers centralized control and management of network resources, providing flexibility and scalability. This ensures that only authorized entities can access and make changes to the SDN infrastructure, preventing unauthorized access and configuration changes. Additionally, continuous traffic monitoring and analysis enable the detection of suspicious activities and potential security breaches. Encryption IoT standards and protocols should be employed to secure communication between the SDN controller, switches, and IoT devices, safeguarding data privacy and integrity. Network segmentation within the SDN environment helps limit the impact of security breaches, reducing the attack surface. 3.7 Identity and Access Management (IAM) Implementing IAM solutions, such as role-based access control (RBAC) and multi-factor authentication (MFA), within IoT networks significantly enhances network security. IAM ensures that only authorized individuals can access and interact with IoT devices and systems. RBAC enables administrators to assign specific access privileges based on user roles and responsibilities, reducing the risk of unauthorized access. Additionally, incorporating MFA adds an extra layer of security by requiring users to provide multiple forms of authentication, such as a password and a unique token or biometric verification. This significantly reduces the risk of unauthorized access even if a user's credentials are compromised. 4. Conclusion The technologies discussed in this article play a crucial role in enhancing IoT network security and resilience. By leveraging these technologies, organizations can mitigate the risks associated with IoT deployments, protect against cyber threats, and ensure the reliability and continuity of their IoT networks. As the IoT landscape evolves, staying up-to-date with these top technologies will be essential for organizations to maintain a robust and secure IoT infrastructure. The transformative landscape of Industry 4.0 demands strong network security in IoT environments. The top technologies discussed in this article empower organizations to enhance network resilience, protect against cyber threats, and ensure the uninterrupted functioning of IoT networks. Embracing these technologies and staying ahead of emerging threats, helps organizations build a secure foundation for their IoT deployments and capitalize on the vast opportunities offered by the IoT ecosystem.

Read More
Enterprise Iot

The IoT Smarthome Battlefield: A Jointly Endorsed IoT Standard for the Home Area Network

Article | July 6, 2022

Google announced that together with Amazon and Apple (the big 3 smart home players) they will work on the adoption of a joint wireless IoT standard for the smart home. This new connectivity standard is designed to make it easier for smart home products to work with each other.In the statement, Google said they were “joining Amazon, Apple and others to create Connected Home over IP, a new independent working group managed by the Zigbee Alliance (separate from the existing Zigbee 3.0/Pro protocol). We’re contributing two of our market-tested and open-source smart home technologies, Weave and Thread. Both are built on IP and have been integrated into millions of homes around the world.”

Read More
Enterprise Iot

Smart Home Technologies: Zigbee, Z-Wave, Thread, and Dotdot

Article | August 10, 2022

If you own smart home products like SmartThings or Nest, you may be familiar with some of the technologies behind them. Network protocols like Zigbee and Z-Wave dominate the industry, while Thread, a younger network standard, is gaining headway as a strong contender in the battle for market share. Although this may seem like your typical rivalry between industry leaders, the competitive landscape is more complicated than selecting one over another.

Read More

12 Industrial IoT Companies You Should Know

Article | February 10, 2020

As the industrial IoT market continues to expand at rapid rates, companies across the world are reaping the benefits. Utilizing this growing network of tools and systems, businesses have been able to prevent costly downtime, decrease product development costs, enhance customer engagement and satisfaction and acquire and implement intelligent data for strategic planning purposes.The potential benefits are seemingly endless, and the list of organizations that are embracing this industrial revolution is continuing to grow, so let’s highlight some of the main IIoT companies you need to know for a number of the most common IIoT use cases.

Read More
Enterprise Iot

Future of Security: Cloud Based IoT Software

Article | July 6, 2022

Building resilient IoT networks: Exploring the top technologies for enhancing IoT security and protecting as well as safeguarding against evolving cyber threats in the interconnected era of Industry 4.0. Contents 1. What is Network Resilience and Why is it Needed? 1.1 Continuous Operation 1.2 Mitigating Security Threats 1.3 Data Protection 1.4 System Availability 1.5 Risk Management 1.6 Regulatory Compliance 2. Factors to Consider for Network Resilience 3. Top Trends in IoT Security 3.1 Zero Trust and AI 3.2 Supply Chain Security 3.3 Network Segmentation and Segregation 3.4 Over-the-Air (OTA) Updates 3.5 Device Authentication and Authorization 3.6 Software-defined Networking (SDN) Security 3.7 Identity and Access Management (IAM) 4. Conclusion 1. What is Network Resilience and Why is it Needed? Network resilience refers to the ability of an IoT network to withstand and recover from disruptions, attacks, or failures while maintaining its essential functions. It involves implementing measures to ensure the network remains available, reliable, and secure, even during security threats or unexpected events. Ensuring network resilience is a critical aspect of IoT network security. Network resilience refers to the ability of an IoT network to withstand and recover from disruptions, attacks, or failures while maintaining its essential functions. Ensuring network resilience in IoT network security is crucial for the following reasons: 1.1 Continuous Operation IoT networks often support critical applications and services that require uninterrupted operation. Network resilience ensures that these applications can continue functioning even during disruptions, such as network failures or security incidents. It minimizes downtime and ensures business continuity. 1.2 Mitigating Security Threats IoT networks are susceptible to various cybersecurity threats, including malware, unauthorized access, or Distributed Denial of Service (DDoS) attacks. Network resilience measures help mitigate these threats by implementing security controls, monitoring network traffic, and enabling prompt detection and response to security incidents. 1.3 Data Protection IoT devices generate and transmit vast amounts of sensitive data. Network resilience safeguards data integrity, confidentiality, and availability by implementing secure communication protocols, encryption mechanisms, and access controls. It ensures that data remains protected even during network disruptions or security breaches. 1.4 System Availability IoT systems often rely on real-time data processing and communication. Network resilience ensures that data flows seamlessly, allowing IoT devices to exchange information and execute tasks without interruptions. It supports critical functions such as monitoring, control, and decision-making processes. 1.5 Risk Management Building network resilience helps organizations effectively manage risks associated with IoT deployments. By identifying vulnerabilities, implementing protective measures, and having response plans in place, organizations can minimize the impact of security incidents, reduce financial losses, and maintain the trust of stakeholders. 1.6 Regulatory Compliance Many industries have specific regulations and standards governing the security and resilience of IoT networks. By ensuring network resilience, organizations can demonstrate compliance with these requirements, avoiding penalties, legal issues, and reputational damage. 2. Factors to Consider for Network Resilience Implementing redundancy and failover mechanisms within the network infrastructure helps mitigate the impact of single points of failure. This involves deploying backup systems, redundant network paths, and failover mechanisms to ensure continuous operation despite a failure or attack. Traffic Monitoring and Anomaly Detection for Continuous network traffic monitoring helps identify abnormal patterns or behaviours that may indicate security threats or attacks. By leveraging intrusion detection and prevention systems (IDPS) and traffic analysis tools, organizations can promptly detect and respond to network anomalies, safeguarding network resilience. Moreover, segmentation and Isolation: Dividing the IoT network into segments or zones and isolating critical devices or systems from less secure ones enhances network resilience. Implementing proper network segmentation, VLANs (Virtual Local Area Networks), or software-defined networking (SDN) enables effective control, containment, and mitigation of security incidents. DDoS attacks significantly threaten network resilience by overwhelming the network's resources and causing service disruption. Deploying robust DDoS protection measures, such as traffic filtering, rate limiting, and traffic diversion, helps mitigate the impact of such attacks and ensures network availability. Incident Response and Establishing comprehensive incident response and recovery plans specific to IoT network security incidents is crucial. These plans should outline clear procedures, roles, and responsibilities to efficiently respond to and recover from security breaches or disruptions, minimizing downtime and maintaining network resilience. In addition, regular penetration testing, vulnerability assessments, and network audits help identify weaknesses and vulnerabilities in the IoT network infrastructure. Promptly addressing these issues through patches, updates, and security configuration adjustments strengthens network resilience by proactively addressing potential security risks. By implementing these measures, organizations can enhance the resilience of their IoT networks, ensuring continuous operation, prompt threat detection, and effective response to security incidents. Network resilience plays a vital role in maintaining IoT systems' integrity, availability, and reliability in the face of evolving security challenges. 3. Top Trends in IoT Security 3.1 Zero Trust and AI Zero Trust is an emerging security concept that assumes no implicit trust towards devices or users, even if they are already inside the network perimeter. Implementing Zero Trust principles in IoT networks can help mitigate the risks associated with compromised devices and unauthorized access for IoT security. In order to bolster cybersecurity measures, adopting a zero trust approach. Effectively addressing cybersecurity challenges entails not merely technological solutions but a comprehensive organizational strategy rooted in cultural and policy frameworks. Emphasizing the zero trust concept underscores the importance of policy implementation throughout the entire organization, complementing technological measures. 3.2 Supply Chain Security The complex and interconnected nature of IoT supply chains introduces security risks. The supply chain for IoT devices involves multiple stages, including device manufacturing, software development, distribution, and deployment. Each stage presents potential security risks that can compromise the integrity and security of the IoT network. This includes adopting secure supply chain management practices, such as verifying the security practices of suppliers and manufacturers, and establishing clear security requirements and standards for the entire supply chain. Conducting third-party risk assessments helps evaluate the security posture of suppliers and vendors to identify any potential vulnerabilities or weaknesses. 3.3 Network Segmentation and Segregation In IoT security, minimizing the potential impact of a compromised IoT device is crucial, and network segmentation and segregation play a vital role in achieving this goal. Network segmentation involves dividing the network into separate zones or segments, based on factors such as device type, functionality, or security requirements. The containment strategy helps minimize the impact of a security breach by isolating compromised devices and preventing lateral movement within the network. 3.4 Over-the-Air (OTA) Updates Software updates play a critical role in maintaining the integrity and security of IoT devices. IoT devices frequently require updates to address software bugs, patch vulnerabilities, or introduce new features. Over-the-Air (OTA) update mechanisms are being enhanced with robust security measures to ensure the secure delivery and installation of updates. Code signing is a prevalent practice where updates are digitally signed with cryptographic keys to verify the authenticity and integrity of the software. Secure boot is another important mechanism that establishes a chain of trust during the device boot-up process, ensuring that only authorized and tamper-free software is loaded onto the device. 3.5 Device Authentication and Authorization The increasing number of IoT devices poses a significant challenge in ensuring secure and trusted authentication and authorization. Two-factor authentication (2FA), for example, adds an extra layer of protection by requiring users or devices to provide two separate forms of authentication, such as a password and a unique code sent to a mobile device. Digital certificates, on the other hand, enable secure and trusted device authentication by leveraging public key infrastructure (PKI) technology. Each IoT device is issued a unique digital certificate, which serves as a digital identity, allowing for secure communication and verification of device authenticity. 3.6 Software-defined Networking (SDN) Security Securing Software-defined Networking (SDN) environments is paramount to protect IoT deployments. SDN offers centralized control and management of network resources, providing flexibility and scalability. This ensures that only authorized entities can access and make changes to the SDN infrastructure, preventing unauthorized access and configuration changes. Additionally, continuous traffic monitoring and analysis enable the detection of suspicious activities and potential security breaches. Encryption IoT standards and protocols should be employed to secure communication between the SDN controller, switches, and IoT devices, safeguarding data privacy and integrity. Network segmentation within the SDN environment helps limit the impact of security breaches, reducing the attack surface. 3.7 Identity and Access Management (IAM) Implementing IAM solutions, such as role-based access control (RBAC) and multi-factor authentication (MFA), within IoT networks significantly enhances network security. IAM ensures that only authorized individuals can access and interact with IoT devices and systems. RBAC enables administrators to assign specific access privileges based on user roles and responsibilities, reducing the risk of unauthorized access. Additionally, incorporating MFA adds an extra layer of security by requiring users to provide multiple forms of authentication, such as a password and a unique token or biometric verification. This significantly reduces the risk of unauthorized access even if a user's credentials are compromised. 4. Conclusion The technologies discussed in this article play a crucial role in enhancing IoT network security and resilience. By leveraging these technologies, organizations can mitigate the risks associated with IoT deployments, protect against cyber threats, and ensure the reliability and continuity of their IoT networks. As the IoT landscape evolves, staying up-to-date with these top technologies will be essential for organizations to maintain a robust and secure IoT infrastructure. The transformative landscape of Industry 4.0 demands strong network security in IoT environments. The top technologies discussed in this article empower organizations to enhance network resilience, protect against cyber threats, and ensure the uninterrupted functioning of IoT networks. Embracing these technologies and staying ahead of emerging threats, helps organizations build a secure foundation for their IoT deployments and capitalize on the vast opportunities offered by the IoT ecosystem.

Read More
Enterprise Iot

How Can Businesses Reduce IoT and IIoT Security Risks?

Article | July 6, 2022

Google announced that together with Amazon and Apple (the big 3 smart home players) they will work on the adoption of a joint wireless IoT standard for the smart home. This new connectivity standard is designed to make it easier for smart home products to work with each other.In the statement, Google said they were “joining Amazon, Apple and others to create Connected Home over IP, a new independent working group managed by the Zigbee Alliance (separate from the existing Zigbee 3.0/Pro protocol). We’re contributing two of our market-tested and open-source smart home technologies, Weave and Thread. Both are built on IP and have been integrated into millions of homes around the world.”

Read More
Enterprise Iot

Practical IoT Data Processing & Management for Businesses

Article | August 10, 2022

If you own smart home products like SmartThings or Nest, you may be familiar with some of the technologies behind them. Network protocols like Zigbee and Z-Wave dominate the industry, while Thread, a younger network standard, is gaining headway as a strong contender in the battle for market share. Although this may seem like your typical rivalry between industry leaders, the competitive landscape is more complicated than selecting one over another.

Read More

12 Industrial IoT Companies You Should Know

Article | February 10, 2020

As the industrial IoT market continues to expand at rapid rates, companies across the world are reaping the benefits. Utilizing this growing network of tools and systems, businesses have been able to prevent costly downtime, decrease product development costs, enhance customer engagement and satisfaction and acquire and implement intelligent data for strategic planning purposes.The potential benefits are seemingly endless, and the list of organizations that are embracing this industrial revolution is continuing to grow, so let’s highlight some of the main IIoT companies you need to know for a number of the most common IIoT use cases.

Read More
MORE ARTICLES

Spotlight

Craftveda Technology

Team of dynamic enthusiast trying to innovate and leverage the new age digital technology with expertise in strategy,technology and business remodeling. Craftveda Technologies was founded in 2017 by the pioneers and stalwarts from the Global Technology & Business Services industry . Our main motto is to enhance business agility by leveraging technology and operations to maximize value from the business.

Related News

Enterprise Iot

Nokia, BT Group and MediaTek trial 5G RedCap technology to accelerate the Internet of Things

MarketScreener | October 18, 2023

Nokia, together with BT Group and MediaTek today announced that they have successfully completed trials of 5G Reduced Capability (RedCap) technology with RedCap devices. The trial, which took place at BT Group's Adastral Park site, utilized Nokia's AirScale RAN portfolio, EE's 5G Standalone (SA) network, and MediaTek's RedCap testing platform. RedCap is a technology introduced in 3GPP Release 17 that brings 5G to devices that do not require its full capabilities. It has the potential to expand the IoT ecosystem and accelerate its deployment within the industry. BT Group is evaluating RedCap to support new 5G use cases which could benefit both EE's business and consumer customer bases. 5G devices such as smartphones often have complex hardware and power-hungry features which leads to higher cost, size, and power consumption. RedCap technology focuses on simplifying 5G devices, particularly small IoT devices such as wearables or health trackers for consumers as well as ruggedized routers, and environmental or other condition-based monitoring sensors. These devices have less demand for battery life and lower bandwidth requirements. RedCap ensures they maintain performance and optimizes their power efficiency. Nokia has played a pivotal role in advancing RedCap IoT functionality together with the telecommunications industry. Greg McCall, Chief Networks Officer at BT Group said: 'This trial with Nokia demonstrates the potential of RedCap technology in unlocking a new wave of innovation within the 5G services ecosystem. This is especially the case as we move towards the arrival of 5G SA, bringing with it enhanced reliability, responsiveness, security, and speed which - through 5G RedCap - promises to benefit a host of new IoT devices and use cases.' Robert Moffat, Deputy Director Europe Mobile Business Development at MediaTek, said: 'Our collaboration with Nokia and BT Group for this trial of 5G RedCap technology aligns with MediaTek's commitment to driving innovation and expanding the potential of 5G SA to include a wider ecosystem of devices and use cases.' Phil Siveter, CEO, UK and Ireland at Nokia, commented: 'The introduction of RedCap will unlock new 5G opportunities for many industries, with potentially billions of new devices connected with 5G. Our field tests with BT Group show that Nokia 5G Standalone networks are ready to support RedCap devices.'

Read More

Industrial IoT

Comcast and Broadcom to Develop the World’s First AI-Powered Access Network With Pioneering New Chipset

Business Wire | October 23, 2023

Comcast and Broadcom today announced joint efforts to develop the world’s first AI-powered access network with a new chipset that embeds artificial intelligence (AI) and machine learning (ML) within the nodes, amps and modems that comprise the last few miles of Comcast’s network. With these new capabilities broadly deployed throughout the network, Comcast will be able to transform its operations by automating more network functions and deliver an improved customer experience through better and more actionable intelligence. Additionally, the new chipset will be the first in the world to incorporate DOCSIS 4.0 Full Duplex (FDX), Extended Spectrum (ESD) and the ability to run both simultaneously, enabling Internet service providers across the globe to deliver DOCSIS 4.0 services using a toolkit with technology options to meet their business needs. DOCSIS 4.0 is the next-generation network technology that will introduce symmetrical multi-gigabit Internet speeds, lower latency, and even better security and reliability to hundreds of millions of people and businesses over their existing connections without the need for major construction of new network infrastructure. On October 12, Comcast announced that it will begin to introduce the first customers in the world to Internet services powered by DOCSIS 4.0 using FDX. While the company will continue to leverage FDX, the collaboration with Broadcom will provide Comcast and other operators with additional options in the pursuit of delivering the best possible connectivity experience. The Xfinity 10G Network leverages the latest advancements in edge compute, digital optics and real-time, actionable telemetry to meet and exceed our customers’ constantly evolving connectivity needs, said Elad Nafshi, Chief Network Officer, Comcast Cable. With this new Unified DOCSIS4 chipset from Broadcom, we can broadly deploy transformational AI network capabilities alongside symmetrical multi-gig speeds. FDX is the best technology for Comcast, but this groundbreaking unified chipset will provide the entire industry with options when upgrading their nodes, amps, and cable modems for DOCSIS 4.0. The new end-to-end chipsets will be the industry’s first to incorporate AI and ML capabilities that will transform the operations and customer experience functions by: Making smarter network performance decisions using network diagnostics insights produced by both local and cloud AI. Enhanced monitoring and issue detection using bandwidth-efficient telemetry data. Transforming network maintenance of the network using real time issue localization plus predictive and self-healing network intelligence. Protecting network facilities and customers with improved cybersecurity intrusion detection. Assisting customers more effectively through local and cloud-based AI. Monitoring home IoT devices for connectivity disruptions. All these capabilities, and more, are achieved while reducing network latency and insulating customer data to ensure the utmost privacy standards. “By enabling a toolkit that includes FDX, ESD or both simultaneously, this new Unified DOCSIS4 chipset incorporates the advantages of both technologies and will enable economies of scale as well as a common retail modem for the industry,” said Rich Nelson, Senior Vice President and General Manager, Broadband Video Group, Broadcom. “The edge network and in-home capabilities of this chipset will improve network intelligence and reliability to create an improved broadband experience with enhanced privacy protection and cyber security for the consumer.” Comcast and Broadcom are designing and building the new chipset based upon CableLabs’ DOCSIS 4.0 specifications. The companies have a history of working together to introduce innovations that have pushed the industry to the next generation of connectivity. In 2021, Comcast conducted the world’s first full duplex multi-gigabit symmetrical test on Broadcom-built silicon. In January 2022 the companies tested the first Full Duplex DOCSIS 4.0 system-on-chip (SoC) cable modem that delivered symmetrical speeds faster than 4 Gbps. Later that year, Comcast successfully tested the final technical component of necessary to deliver multi-gig symmetrical speed powered by DOCSIS 4.0 throughout its network with 10G smart amps built on a Broadcom-developed reference design. The companies expect to begin trials early in 2024 and to begin deploying the new chipset in live networks before the end of the same year.

Read More

Enterprise Iot

Tavant Unveils Data Beats™: A Data-Driven Ecosystem Built for Fintechs and Financial Institutions to Harness Data Insights

Business Wire | October 20, 2023

Tavant, Silicon Valley’s leading digital lending solutions provider, today announced at the MBA's Annual Convention & Expo in Philadelphia, the launch of Data Beats™, a groundbreaking data platform that promises to redefine the financial services landscape. Built to inform, provide insights, act, recommend, and predict, Data Beats ushers in a new era of data-driven intelligence for the industry. This versatile platform empowers businesses to harness the power of their data and maximize its value, effectively taking the stress out of data management. Key benefits of Data Beats include: Provides actionable data insights that work for your business; Analyzes data from various aspects of your operations; Adapts and learns from your data to provide real-time recommendations; and Looks into the future, learns and predicts trends. Data Beats is a platform offering within Tavant's banking and financial services suite of technology products. Data Beats is set to serve as the analytics and IoT engine for the financial services industry, initially focusing on mortgage and home equity products. Tavant plans to extend this robust data ecosystem to all consumer loans and banking products, making it a comprehensive solution for financial institutions. With Data Beats, Tavant empowers financial institutions towards proactive rather than reactive operations by incorporating generative AI to prompt users on the best course of action. This revolutionary approach allows the platform to offer precise recommendations for loan officers, consumers, processors, and underwriters, enhancing the overall efficiency of the lending process. Abhinav Asthana, Fintech Product Business and Growth Leader at Tavant said, Tavant's mission is to stay at the forefront of innovation and to be the engineering partner of choice in the financial services industry. Data Beats exemplifies our commitment to providing our customers with an advanced platform that accelerates their vision to transform into a data-first organization. We are proud to launch this platform, which brings insights, intelligence, and efficiency to the heart of the lending process. Data Beats has already started demonstrating its value within Tavant's existing customer base by enhancing and automating the home buying experience. By consolidating data from various stages of the customer journey, from acquisition to servicing and beyond, Data Beats provides invaluable insights that can be used to predict future behavior, optimize operations, and improve overall business performance. The system's foundation, the data lake, can ingest a wide range of data inputs, limited only by the specific business problem it aims to solve. This flexibility positions Data Beats to become a game-changing tool for a wide range of industries beyond mortgage and lending.

Read More

Enterprise Iot

Nokia, BT Group and MediaTek trial 5G RedCap technology to accelerate the Internet of Things

MarketScreener | October 18, 2023

Nokia, together with BT Group and MediaTek today announced that they have successfully completed trials of 5G Reduced Capability (RedCap) technology with RedCap devices. The trial, which took place at BT Group's Adastral Park site, utilized Nokia's AirScale RAN portfolio, EE's 5G Standalone (SA) network, and MediaTek's RedCap testing platform. RedCap is a technology introduced in 3GPP Release 17 that brings 5G to devices that do not require its full capabilities. It has the potential to expand the IoT ecosystem and accelerate its deployment within the industry. BT Group is evaluating RedCap to support new 5G use cases which could benefit both EE's business and consumer customer bases. 5G devices such as smartphones often have complex hardware and power-hungry features which leads to higher cost, size, and power consumption. RedCap technology focuses on simplifying 5G devices, particularly small IoT devices such as wearables or health trackers for consumers as well as ruggedized routers, and environmental or other condition-based monitoring sensors. These devices have less demand for battery life and lower bandwidth requirements. RedCap ensures they maintain performance and optimizes their power efficiency. Nokia has played a pivotal role in advancing RedCap IoT functionality together with the telecommunications industry. Greg McCall, Chief Networks Officer at BT Group said: 'This trial with Nokia demonstrates the potential of RedCap technology in unlocking a new wave of innovation within the 5G services ecosystem. This is especially the case as we move towards the arrival of 5G SA, bringing with it enhanced reliability, responsiveness, security, and speed which - through 5G RedCap - promises to benefit a host of new IoT devices and use cases.' Robert Moffat, Deputy Director Europe Mobile Business Development at MediaTek, said: 'Our collaboration with Nokia and BT Group for this trial of 5G RedCap technology aligns with MediaTek's commitment to driving innovation and expanding the potential of 5G SA to include a wider ecosystem of devices and use cases.' Phil Siveter, CEO, UK and Ireland at Nokia, commented: 'The introduction of RedCap will unlock new 5G opportunities for many industries, with potentially billions of new devices connected with 5G. Our field tests with BT Group show that Nokia 5G Standalone networks are ready to support RedCap devices.'

Read More

Industrial IoT

Comcast and Broadcom to Develop the World’s First AI-Powered Access Network With Pioneering New Chipset

Business Wire | October 23, 2023

Comcast and Broadcom today announced joint efforts to develop the world’s first AI-powered access network with a new chipset that embeds artificial intelligence (AI) and machine learning (ML) within the nodes, amps and modems that comprise the last few miles of Comcast’s network. With these new capabilities broadly deployed throughout the network, Comcast will be able to transform its operations by automating more network functions and deliver an improved customer experience through better and more actionable intelligence. Additionally, the new chipset will be the first in the world to incorporate DOCSIS 4.0 Full Duplex (FDX), Extended Spectrum (ESD) and the ability to run both simultaneously, enabling Internet service providers across the globe to deliver DOCSIS 4.0 services using a toolkit with technology options to meet their business needs. DOCSIS 4.0 is the next-generation network technology that will introduce symmetrical multi-gigabit Internet speeds, lower latency, and even better security and reliability to hundreds of millions of people and businesses over their existing connections without the need for major construction of new network infrastructure. On October 12, Comcast announced that it will begin to introduce the first customers in the world to Internet services powered by DOCSIS 4.0 using FDX. While the company will continue to leverage FDX, the collaboration with Broadcom will provide Comcast and other operators with additional options in the pursuit of delivering the best possible connectivity experience. The Xfinity 10G Network leverages the latest advancements in edge compute, digital optics and real-time, actionable telemetry to meet and exceed our customers’ constantly evolving connectivity needs, said Elad Nafshi, Chief Network Officer, Comcast Cable. With this new Unified DOCSIS4 chipset from Broadcom, we can broadly deploy transformational AI network capabilities alongside symmetrical multi-gig speeds. FDX is the best technology for Comcast, but this groundbreaking unified chipset will provide the entire industry with options when upgrading their nodes, amps, and cable modems for DOCSIS 4.0. The new end-to-end chipsets will be the industry’s first to incorporate AI and ML capabilities that will transform the operations and customer experience functions by: Making smarter network performance decisions using network diagnostics insights produced by both local and cloud AI. Enhanced monitoring and issue detection using bandwidth-efficient telemetry data. Transforming network maintenance of the network using real time issue localization plus predictive and self-healing network intelligence. Protecting network facilities and customers with improved cybersecurity intrusion detection. Assisting customers more effectively through local and cloud-based AI. Monitoring home IoT devices for connectivity disruptions. All these capabilities, and more, are achieved while reducing network latency and insulating customer data to ensure the utmost privacy standards. “By enabling a toolkit that includes FDX, ESD or both simultaneously, this new Unified DOCSIS4 chipset incorporates the advantages of both technologies and will enable economies of scale as well as a common retail modem for the industry,” said Rich Nelson, Senior Vice President and General Manager, Broadband Video Group, Broadcom. “The edge network and in-home capabilities of this chipset will improve network intelligence and reliability to create an improved broadband experience with enhanced privacy protection and cyber security for the consumer.” Comcast and Broadcom are designing and building the new chipset based upon CableLabs’ DOCSIS 4.0 specifications. The companies have a history of working together to introduce innovations that have pushed the industry to the next generation of connectivity. In 2021, Comcast conducted the world’s first full duplex multi-gigabit symmetrical test on Broadcom-built silicon. In January 2022 the companies tested the first Full Duplex DOCSIS 4.0 system-on-chip (SoC) cable modem that delivered symmetrical speeds faster than 4 Gbps. Later that year, Comcast successfully tested the final technical component of necessary to deliver multi-gig symmetrical speed powered by DOCSIS 4.0 throughout its network with 10G smart amps built on a Broadcom-developed reference design. The companies expect to begin trials early in 2024 and to begin deploying the new chipset in live networks before the end of the same year.

Read More

Enterprise Iot

Tavant Unveils Data Beats™: A Data-Driven Ecosystem Built for Fintechs and Financial Institutions to Harness Data Insights

Business Wire | October 20, 2023

Tavant, Silicon Valley’s leading digital lending solutions provider, today announced at the MBA's Annual Convention & Expo in Philadelphia, the launch of Data Beats™, a groundbreaking data platform that promises to redefine the financial services landscape. Built to inform, provide insights, act, recommend, and predict, Data Beats ushers in a new era of data-driven intelligence for the industry. This versatile platform empowers businesses to harness the power of their data and maximize its value, effectively taking the stress out of data management. Key benefits of Data Beats include: Provides actionable data insights that work for your business; Analyzes data from various aspects of your operations; Adapts and learns from your data to provide real-time recommendations; and Looks into the future, learns and predicts trends. Data Beats is a platform offering within Tavant's banking and financial services suite of technology products. Data Beats is set to serve as the analytics and IoT engine for the financial services industry, initially focusing on mortgage and home equity products. Tavant plans to extend this robust data ecosystem to all consumer loans and banking products, making it a comprehensive solution for financial institutions. With Data Beats, Tavant empowers financial institutions towards proactive rather than reactive operations by incorporating generative AI to prompt users on the best course of action. This revolutionary approach allows the platform to offer precise recommendations for loan officers, consumers, processors, and underwriters, enhancing the overall efficiency of the lending process. Abhinav Asthana, Fintech Product Business and Growth Leader at Tavant said, Tavant's mission is to stay at the forefront of innovation and to be the engineering partner of choice in the financial services industry. Data Beats exemplifies our commitment to providing our customers with an advanced platform that accelerates their vision to transform into a data-first organization. We are proud to launch this platform, which brings insights, intelligence, and efficiency to the heart of the lending process. Data Beats has already started demonstrating its value within Tavant's existing customer base by enhancing and automating the home buying experience. By consolidating data from various stages of the customer journey, from acquisition to servicing and beyond, Data Beats provides invaluable insights that can be used to predict future behavior, optimize operations, and improve overall business performance. The system's foundation, the data lake, can ingest a wide range of data inputs, limited only by the specific business problem it aims to solve. This flexibility positions Data Beats to become a game-changing tool for a wide range of industries beyond mortgage and lending.

Read More

Events