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IoT World Today | February 10, 2020
Retail finds itself in a dilemma. Consumer preferences are changing at a rapid clip but few physical stores have the funds to overhaul operations to woo online shoppers. As a result, retail stores feel the pressure. In 2019, some 9,300 stores shuttered, which was 35% more than a year before. While some retailers seek to stay afloat by downsizing, cost-cutting alone is not a winning strategy, said Chris Kocher, managing director at management consulting firm Grey Heron. “Traditional retaile...
IoT business News | April 15, 2020
The National Narrowband Network Co (NNNCo), Australia’s longest-running LoRaWAN network operator, has established a partnership with Belgian Applications and Solutions Provider, WMW, to bring new Internet of Things (IoT) solutions to Australia, including those that can assist in the fight against Covid-19 spread. The companies have been working together for over 18 months, with NNNCo integrating the WMW-built applications into its enterprise data platform N2N-DL to enable seamless data agg...
IoT News | March 13, 2020
Managed service providers see emerging technology as a significant source of business opportunity over the next couple of years. More than 50% of respondents to a recent CompTIA survey already offer IoT managed services today, according to the survey.The majority of MSPs have opted to take on IoT managed services as part of their portfolio, despite the fact that, according to Omdia data, enterprise adoption of IoT still hovers around 29%. But MSPs s see significant business advantage in offering...
IoT Business News | January 21, 2020
Skylo, maker of the world’s most affordable and ubiquitous network that connects any machine or sensor, today announced that the company has emerged from Stealth with $116 million in total funding.The company previously raised $13 million in a Series A round that was co-led by DCM and Innovation Endeavors, and joined by Moore Strategic Ventures. The new Series B round raised $103 million, led by SoftBank Group and joined by all existing investors. Skylo will bring instant, affordable and u...
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