Palmchip

ENTERPRISE IOT

Enlighted | October 03, 2022

Enlighted, a leading proptech company, released a curated portfolio of smart IoT building solutions to create customer value and further enable sustainable enterprises across industries and geographies. According to analyst firm Verdantix1, 75% of firms will use IoT data for space utilization monitoring. The solutions announced today, part of Siemens' open business platform Xcelerator, elevate the use of IoT building data to a new level of functionality for leaders seeking to improve product...

IoT World Today | January 30, 2020

During the first e-commerce era, package location tracking arose as a showcase application. In 1994, FedEx.com’s success making such tracking information available online showed what the web could do, and it quickly got wide attention. Today, GPS-oriented tracking systems such as Amazon and Uber have again redefined users’ expectations for efficient fleet systems. dInternet of Things (IoT) technologies can meet the demand for location systems capable of real-time, complex event proce...

IoT Evolution world | March 12, 2020

According to a recent release, Itron, a company helping utilities and cities manage energy and water, has signed a contract with the City of Stockholm to deploy its smart city central management software, Streetlight.Vision. With the goal of becoming the world´s smartest city in 2040, the City of Stockholm reportedly developed a strategy for a smart and connected city, and one of its first use cases is streetlight management. To meet this use case and achieve its goals, Stockholm’s t...

ENTERPRISE IOT, INFRASTRUCTURE

NORBIT ASA | February 06, 2023

NORBIT, a leading supplier of customized technology solutions, has completed the acquisition of IoT startup CPS AS. CPS will be a part of the Connectivity segment. The transaction places an enterprise value of NOK 13 million on CPS, amounting to an equity value of NOK 12.6 million. It will be financed through consideration shares and cash. The consideration shares will be issued at a price equal to the five-day volume-weighted share price of NORBIT ASA before the signing of the ...