Mphasis

INVESTMENT AND BUSINESS

Nordic Capital | May 09, 2022

Nordic Capital, a leading European private equity investor, has signed an agreement to become the majority owner of the German-based Industrial Internet of Things (“IoT”) company ProGlove. ProGlove is a disruptive technology leader for a smarter workforce. In close partnership with ProGlove’s management and founders, Nordic Capital will enable the company to accelerate its future growth plans, further expand its customer base and invest in product development. The financial ter...

IoT Tech News | January 16, 2020

A new market report, titled “Global IoT Chip Market – Analysis and Forecast, 2019-2029” by BIS Research, has found that the worldwide IoT chip market, which was valued at $9.40 billion in 2019, is now expected to grow over $38.61bn at a CAGR of 15.8% by 2029.The overall market demand for IoT chips is driven by the rising adoption rate of IoT-based devices and decreasing cost of IoT sensors, the research firm added.According to the report, the growing demand for IoT chipset-base...

IoT Tech News | March 04, 2020

For the Internet of Things (IoT), the vast majority of hype which gets bandied about is with regards to the sheer number of devices being connected. An article from McKinsey put this number at 127 new devices every second. Yet peel back the first layer of the onion and you get to the connectivity aspect itself, vital in its own right. Meet 1oT. The company, a provider of cellular connectivity for IoT device makers, is based out of Estonia. The European country has various advanced emerging techn...

DEVICES

Delta | February 01, 2022

Delta, a global leader in power and thermal management solutions, today launched an online event site for its customers in the Americas region. The site highlights a broad spectrum of IoT-based and energy-saving solutions for smart cities, including building automation, industrial automation for HVAC applications, ventilation fans, surveillance and LED lighting. The showcase features the IoT-based O3 Edge system, which combines the U.S.-patented O3 multisensor and the O3 Room Controller enabling...