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Industrial IoT
TriStruX | December 24, 2021
TriStruX, a leading provider of telecom infrastructure services to wireless carriers, cable companies and OEMs, has been acquired by leading middle-market private equity firm, Huron Capital. TriStruX is the result of the 2020 merger of Telcom Engineering Group ("TEG"), Leone Electric Corporation ("LEC") and High Point Utilities ("HPU"). The founders of the companies, Francisco Pena, Nicholas J. Leone, Craig Langenbach and Scott Palmenberg, will ...
Enterprise Iot, Devices
iTAC | February 14, 2023
iTAC Software AG, the MES/MOM specialist, is advancing IoT possibilities by combining AI with IoT (AIoT) and creating new value from data. The company focuses on gathering, analyzing, and understanding data from sensors and machines with the help of an MES/MOM. Manufacturing enterprises can use this integration to draw predictions and develop self-learning processes through data. Martin Heinz, a board member of iTAC Software AG, explains, "With the Internet of Things and a ...
Enterprise Iot
NEXCOM | March 24, 2022
NEXCOM, a leading supplier of network appliances, and Telco Systems, a leading provider of edge compute solutions, today announced the availability of a commercial-ready solution for SOHOs and mid-range businesses looking to run virtual workloads at the network edge. Most business processes and services today run through the cloud. From work from home and data storage services to accessing company servers and sensitive data protection, these processes depend on edge devices that c...
IoT Business News | January 23, 2020
The total number of IoT connections worldwide will grow sevenfold between 2018 and 2028 to reach 5.3 billion. This represents a CAGR of 22%, which is significantly higher than the growth rate for the number of smartphones (the total number of handsets worldwide is predicted to grow at a CAGR of just 2% between 2018 and 20241). However, only a handful of operators are pursuing the IoT revenue growth opportunity by investing in developing new services to serve new sectors that match their IoT ambi...
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