Skylo emerges from stealth with $116 million funding to build affordable satellite network for IoT data

IoT Tech News | January 24, 2020

IoT solutions provider Skylo Technologies has raised $103m in its recently held series B funding round led by SoftBank Group. Prior to this, the California-based firm raised $13m in Series A funding. Now as Skylo has accumulated a total funding of $116m till date, the company will aim to bring instant, affordable, and global IoT connectivity to millions of machines, sensors, and devices, even in the most distant geographies. Skylo also claims to be the world’s first IoT firm to leverage the NB-IoT protocol through a satellite, allowing it to instantly connect billions of sensors on objects and machines in remote areas. Its new satellite connectivity uses existing geostationary satellites to bring reliable connectivity without the requirement of adding new infrastructure in space.

Spotlight

While there are some who think the expression “influencer” is an expired term, the role of influence on B2B buying decisions is irrefutable. According to the World Federation of Advertisers, 65% of multinational brands will increase their influencer marketing spending within the next 12 months – and there’s good reason for increased confidence. The 2019 Content Preferences Survey from Demand Gen shows that 95% of respondents favor credible content from industry influencers as a top preference – a 30% increase compared year over year.

Spotlight

While there are some who think the expression “influencer” is an expired term, the role of influence on B2B buying decisions is irrefutable. According to the World Federation of Advertisers, 65% of multinational brands will increase their influencer marketing spending within the next 12 months – and there’s good reason for increased confidence. The 2019 Content Preferences Survey from Demand Gen shows that 95% of respondents favor credible content from industry influencers as a top preference – a 30% increase compared year over year.

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ENTERPRISE IOT

PCTEL Receives Regulatory European Certification for New Industrial IoT Radio Module

PCTEL | July 28, 2022

PCTEL, Inc. a leading global provider of wireless technology solutions, today announced receipt of the Declaration of Conformity in Europe for their IoT Radio Module. PCTEL’s industrial grade radio module, RM-WIFI-AC-2X2-HP, meets rigorous customer requirements for Industrial IoT applications. This rugged, high power 802.11ac WiFi radio module supports 5 GHz WiFi bands and can be installed in a wide variety of products that accept standard mini-PCIe cards. Purpose-built to support industrial applications targeting a range of markets including utilities, fleets, manufacturing, automation, mining, and oil and gas, this module’s small form factor makes it ideal for integration into wireless IT platforms and its high transmit power provides continuous connectivity. “We are excited to announce the CE Declaration of Conformity for the RM-WIFI-AC-2X2-HP. It is a significant milestone in our strategy to expand PCTEL’s Industrial IoT devices market in Europe,” said Chintan Fafadia, PCTEL’s Vice President, IIoT Device Product Management. The reliable and adaptable RM-WIFI-AC-2X2-HP module helps customers increase operational efficiency, allowing them to stay connected with the right wireless solution. “Along with our current offerings in antennas and wireless test and measurement, PCTEL continues to expand its capabilities and product offerings for the Industrial IoT market in Europe with high performance and ruggedized wireless connectivity solutions including WiFi access points and multi-connectivity and multi-sensor platforms,” Fafadia About PCTEL PCTEL is a leading global provider of wireless technology solutions, including purpose-built Industrial IoT devices, antenna systems, and test and measurement products. Trusted by our customers for over 25 years, we solve complex wireless challenges to help organizations stay connected, transform, and grow.

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ENTERPRISE IOT

EUCAST Global & Clovity Form a Strategic Partnership to Deliver the First Ever 'IoT Private Network in a Box'

Clovity | July 12, 2022

San Francisco Bay Area based Clovity has partnered with Colorado based company EUCAST Global in a strategic move that will align the private network capabilities of EUCAST and their steadfast, reliable and low latency 5G/CBRS radio base stations with Clovity's highly capable IoT software platform. The end result is an 'IoT network in a box'. A fully deployable private network capability coupled with the software that can bring forward smart devices and aggregated data that is truly at the edge of a network. "This new strategic partnership will re-shape how we go to market with many of our industrial and smart city clients as a start. We are already seeing the synergies in providing a turn-key solution that meets the needs of clients wanting to manage their smart devices remotely by placing them onto a network that is both secure and highly scalable. Our IoT software, called CSensorNet, reads data from these devices and can display analytics right from the network using our artificial intelligence and edge component of our IoT application." Chief Strategy Officer, Chris Medina Medina further commented that, "Clients are focused on security of their network and the devices that provide critical information. This is not just on the infrastructure but also data that can be used to make real time decisions and even facilitate machine learning. More and more companies are moving to Private Networks and deploying them to capture the CBRS spectrum as a cost savings compared to big telco infrastructure and costly cellular usage fees." The global private 5G network market size was valued at USD 1.38 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 47.5% from 2022 to 2030 and the IoT market is expected to grow by USD 421.28 billion at a CAGR of 32.95% as per the latest market report by Technavio and Grandview researchers. The EUCAST and Clovity partnership seeks to capitalize on this and begin to revolutionize an already disruptive industry. More About Clovity Clovity is a San Francisco based IoT-as-a-Service platform provider powered by CSensorNet and Digital Transformation professional and managed services provider in IoT Digital, Cloud and Data who has earned the trust of top Fortune 500 Companies. Our proprietary platform CSensorNet connects companies to their assets and the world of ‘things’ around them. We have engineered our solution to provide edge computing, artificial intelligence, cloud agnostic and network, coupled with powerful data analytics and data visualization. Our deployments provide IoT capabilities in days, not months, Clovity simplifies the deployment, management & operations of IoT solutions. We operate in several models of IoT deployment, most relevant is IoT-as-a-Service. By providing all hardware, software, and professional support all for a single monthly price. Our ‘service’ includes data analytics, 24x7 tech support, hardware replenishment or replacement, on-line customer portal and a team of engineers to ensure the solutions are future proof. Whether on the forefront of working with our clients on 5G products for the next generation of Smart Cities or Smart Infrastructure, Smart Sustainable Buildings, Connected Healthcare, and Connected Spaces or developing new solutions for global Asset Tracking and Asset Management, our services can scale to meet any demand and in any vertical. We are a supplier to the Federal Government, numerous Public sector organizations and Fortune to high growth technology companies. We are minority owned business enterprise and Diversified & Inclusive certified. Clovity was selected in the top quarter of all companies award on the 2021 Inc. 5000 list, 2020 “Emerging Company of the Year for the Enterprise Market” and again in 2021 as "Global IoT Innovation Vendor of the Year” by IoT Vendor Breakthrough Awards and in the “Top 50 IoT Enterprise growth companies” for 2018 & 2019 by CIO Review Magazine.

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ENTERPRISE IOT

Cavli Wireless Set to Unveil Next-Generation IoT-Based LPWAN

Cavli Wireless | June 20, 2022

From June 21 to 23, 2022, Cavli Wireless will exhibit at Embedded World 2022 in Nuremberg, Germany. Embedded World is the world's largest trade show for all things embedded, including electronic systems, distributed intelligence, the Internet of Things, e-mobility, energy efficiency, and much more. The company's IoT connectivity solutions will be displayed in Hall 5, Booth # 5-362. The new launch of the C42GM LTE CAT M1/NB1/NB2 compatible Smart Cellular IoT Module can be installed globally and is an excellent solution for logistics, automotive, vehicle tracking systems, and more will be the main attraction at the Cavli booth. The C42GM is a dual-mode LTE CAT M1/NB1/NB2 (upgradable to Release 14) compliant Smart Cellular Module with an integrated eSIM, based on 3GPP Release 13. Because of its Deep Sleep Mode capabilities, the C42GM has a battery life profile of ten years. It also has built-in GNSS and Sigfox radio capabilities, allowing OEMs to investigate use cases that require a hybrid LPWAN strategy. "The integrated eSIM coupled with pre-loaded global connectivity further cements the C42GM as the world's most powerful LPWAN-based cellular IoT module," quoted John Mathew, Chief Technology Architect at Cavli Wireless. C42GM may be managed using Hubble Lens, a sophisticated remote diagnosis function of the Cavli Hubble IoT Management platform that allows a client or a Cavli Support Engineer to remotely diagnose, monitor, and debug the field device with zero physical interaction, opening the door for true IoT scalability. Cavli has a broad footprint across Europe for our local LTE and LTE-M connectivity offering, which is unrivaled in the industry regarding service quality and affordability, thanks to our strong operator connections in the EU. "The Embedded World 2022 event is the premier trade fair for technology companies from around the globe to present their flagship offerings, We are beyond excited to be a part of this prestigious event, share the stage alongside industry heavyweights, and demonstrate to the world how Cavli Wireless is democratizing the Internet of Things." Tarun Thomas George, Chief Operating Officer at Cavli Wireless

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