41 billion missing IoT devices: The biggest prediction miss in the history of IT?

Security News Desk | January 14, 2020

41 billion IoT connected devices have failed to materialise, potentially representing the biggest missed prediction in the history of IT, Eseye a leader in ubiquitous global IoT connectivity, has uncovered. In 2010, Ericsson predicted that 50 billion devices would be connected by 2020, a prediction echoed by Cisco in 2011. Yet, despite the enthusiasm for IoT, current estimates identify the true figure to be closer to 9 billion, with many of those being mobile phones. Eseye has subsequently identified six key challenges that IoT must overcome in 2020 to reach its potential.

Spotlight

This is the second part of a series of lectures on networking protocols for Internet of Things (IoT) by Professor Raj Jain, Washington University. It covers 6LowPAN Adaptation Layer Address Formation Compression RPL.


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INDUSTRIAL IOT

With Transatel, NTT Rolls out New 5G IoT Service in the USA to Accelerate Connected Industries Transformation

Transatel, NTT | May 16, 2022

Transatel - subsidiary of NTT since 2019 - announces the worldwide deployment of a new 5G IoT solution for the industrial, IT and automotive sectors. After France, Belgium and Japan, Transatel’s global 5G IoT services is now available in the USA and will be extended to the rest of the world in the coming months. The announcement follows the recent launch of NTT’s breakthrough Private 5G Network as-a-service platform1. Starting May 12, NTT will be offering both private and public 5G connectivity in the USA. This mobile broadband continuity of service will prove to be critical for many industries, as IIoT applications process an ever-growing volume of data. Public 5G service will be available through Transatel’s global cellular IoT connectivity platform. “The Transatel SIM is already an integral part of the NTT Ltd enterprise focused Private 5G solution, giving NTT P5G customers the benefit of having a single SIM serving both their private network needs while also enabling global roaming for enterprises requiring this feature beyond factories and campuses.” said Shahid Ahmed, NTT Ltd. EVP New Ventures and Innovation. The announcement of Transatel’s 5G offer further enhances the NTT P5G offering by allowing continuous 5G coverage between private and public networks. In the past only 4G public coverage was available, thereby limiting the potential business benefit and use case development. "We are excited to launch 5G IoT in the USA and abroad. NTT’s cellular networks hybridation capabilities demonstrates the strong synergies within the group." Jacques Bonifay, CEO of Transatel, NTT’s global MVNO. Connected industry and hybrid workplace applications on the front line for 5G Field operations and distributed workforce will be the first to benefit from 5G broadband connectivity. SIM and eSIM compatible PCs, tablets and enterprise routers will now support data-intensive applications with unprecedented reliability and fluidity. “5G is a revolution for the IT industry as it offers significantly superior performances, security and user experience compared to WIFI. Very soon, most PCs and tablets sold on the market will be 5G ready, with cellular connectivity modules embedded.” predicts Jacques Bonifay, who has been supporting leading Always-Connected PC manufacturers in this transformation for several years. Industrial IoT and M2M use cases are also good candidates for 5G. Edge Computing and Artificial Intelligence based applications such as Video Content Analysis (VCA), push-to-talk, as well as autonomous robots and vehicles require ever growing volumes of data. The higher bandwidth and lower latency of public and private 5G connectivity addresses these new challenges while offering manufacturers new transformation and innovation opportunities. About Transatel (subsidiary of NTT Ltd.) Transatel is a global Mobile Virtual Network Operators Enabler and cellular connectivity solutions provider for the industry, IT and automotive sectors. Pioneer in machine-to-machine (M2M) communication, our global 3G/4G/5G and LTE-M connectivity platform enables IoT applications including sensors, trackers, mobile and enterprise edge devices, as well as connected vehicles and aircraft, worldwide. Transatel currently manages more than 3 million SIM and eSIM profiles across more than 190 destinations for customers such as Airbus, Stellantis, Worldline, and Jaguar Land Rover.

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PLATFORMS

Lantronix Launches Application-Specific Industrial IoT Solutions Based on Its New G520 Series Cellular Gateways

Lantronix | February 02, 2022

Lantronix Inc., a global provider of secure turnkey solutions for intelligent IT and Internet of Things (IoT), today announced its launch of application-specific industrial IoT solutions that address concerns in Industry 4.0, Security and Transport markets with its G520 Series Smart cellular IoT devices and services. Now available are the G520 Industrial, a competitive cellular industrial protocol converter router; and G520 Security, a high-speed LTE CAT13 and 5G communication router to reduce cybersecurity threats. G520 Transport will be launched later in 2022. The G520 industrial and security gateways offer a complete solution and comes pre-configured with Lantronix’s award-winning ConsoleFlow™ cloud-based device management, which increases operational efficiency by providing a single pane from which to manage remote assets. It also comes pre-configured for Lantronix Connectivity Services, which provide North American and global cellular data plans and VPN security with an easy-to-use cloud platform to manage SIMs and services. “In response to the rapidly growing Industrial IoT market, Lantronix delivers competitive solutions that address and solve the market’s challenges. Our offerings of software, hardware and connectivity services provide our customers with the proven integration and ease-of-use needed for success in today’s IoT-driven world.” Paul Pickle, CEO of Lantronix According to Berg Insight, global cellular IoT device shipments increased by 14 percent in 2020 to reach 302.7 million units and are forecasted to grow at a compound annual growth rate (CAGR) of 15.8 percent to reach 629.6 million units by 2025. Now available are: G520 Industrial, which is an industrial-grade competitive Protocol conversion router with LTE communication, multiple interfaces and Fieldbus protocol conversions (e.g., Modbus, DNP3 and IEC) that are provisioned in minutes using the ConsoleFlow platform. G520 Security, which supports high-speed LTE cat13 and 5G, reducing the possibility of cyberattacks with its dedicated quantum Security chip and Lantronix’s proprietary InfiniShield™ software suite while its small form factor and Power Over Ethernet function simplify deployment. Coming soon is: G520 Transport, which delivers the ultimate hybrid solution based on Lantronix’s 25 years of experience in telematics gateways and Wi-Fi mobile routing. With Wi-Fi on vehicle, location base, sensor enabled and CAN bus reading, G520 Transport is an easy-to-deploy and safely managed solution. About Lantronix Lantronix Inc. is a global provider of secure turnkey solutions for the Internet of Things (IoT) and Remote Environment Management (REM), offering Software as a Service (SaaS), connectivity services, engineering services and intelligent hardware. Lantronix enables its customers to accelerate time to market and increase operational up-time and efficiency by providing reliable, secure and connected Intelligent Edge IoT and Remote Management Gateway solutions. Lantronix’s products and services dramatically simplify the creation, development, deployment and management of IoT and IT projects across Robotics, Automotive, Wearables, Video Conferencing, Industrial, Medical, Logistics, Smart Cities, Security, Retail, Branch Office, Server Room, and Datacenter applications.

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INFRASTRUCTURE

Faraday Launches Soteria! Security IP Subsystem for IoT ASIC

Faraday | June 01, 2022

Faraday Technology Corporation leading ASIC design service and IP provider, today introduced its new security subsystem named Soteria!™. The Soteria! solution provides a RoT (Root of Trust) mechanism for custom SoC designs, enabling hardware-level security to a range of IoT applications. Faraday’s Soteria! subsystem contains an immutable boot ROM, an embedded processor, security hardware engines (AES, HMAC, RSA, TRNG, CRC, SYSC), and customized modules to enable secure boot authentication, cryptographic algorithms, device authentication, secure communication, and security monitoring functions. By adopting Faraday’s one-stop-shop security solution, including security IP integration and system software solution, customers can ease the secure SoC development process. “As threats to IoT devices evolve, security has been a critical aspect of the development of IoT chips, Faraday’s Soteria! security subsystem solution has been implemented in our SoCreative!VI™ A600 SoC development platform, AIoT and IIoT ASIC projects; with the essential system-level based solution, we can support our ASIC and FPGA-to-ASIC customers to achieve highest levels of security for connected devices.” Flash Lin, chief operating officer of Faraday About Faraday Technology Corporation Faraday Technology Corporation (TWSE: 3035) is a leading ASIC design service and IP provider, certificated to ISO 9001 and ISO 26262. The broad silicon IP portfolio includes I/O, Cell Library, Memory Compiler, ARM-compliant CPUs, LPDDR4/4X, DDR4/3, MIPI D-PHY, V-by-One, USB 3.1/2.0, 10/100 Ethernet, Giga Ethernet, SATA3/2, PCIe Gen4/3, and 28G programmable SerDes, etc. Headquartered in Taiwan, Faraday has service and support offices around the world, including the U.S., Japan, and China.

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INVESTMENT AND BUSINESS

Nordic Capital Announces Strategic Investment in German IoT and Wearable Technology Disruptor ProGlove

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 terms of the transaction will not be disclosed. ProGlove is a technology leader that has been growing rapidly since its foundation in 2014. With over 250 employees in Munich, Chicago and Belgrade, it serves numerous customers in retail and e-commerce, logistics and warehousing, manufacturing and automotive across more than 30 countries. Among them are renowned global brands such as Mercedes Benz, VW, BMW, DHL, XPO Logistics, GAP and Staples. The company provides integrated hardware and software solutions that are built around wearable barcode scanners with multiple IoT sensors allowing for hands-free data capture. This combination of German engineering and industry analytics software caters to the growing demand for digitalization across industries. ProGlove’s technology helps improve worker well-being, increase productivity and optimize efficiency. ProGlove’s market provides excellent opportunities to address increasing logistical complexity, the demand for accelerated digitalization and the need for ergonomic and efficient workflows in the wake of the global labor shortage. Nordic Capital will actively support ProGlove with its deep understanding of Industrial IoT, its strong network and significant experience from SaaS business models. Andreas König, CEO of ProGlove says: “This opportunity to work with Nordic Capital is instrumental for ProGlove to help us gain further momentum on our growth path. Building on Nordic Capital’s tremendous expertise in Industrial IoT and SaaS, we will be in a very strong position to achieve our full potential. We are extremely excited about taking our business to the next level, both in terms of growth as well as innovation.” “The ProGlove team has built an outstanding business with a strong track-record of high-quality growth. ProGlove is a technology leader with strong competitive differentiation and a unique customer value proposition to enable smooth human-machine collaboration. Nordic Capital is looking forward to writing the next chapter together with the company’s strong management team,” says Andreas Näsvik, Partner and Head of Industrial & Business Services, Nordic Capital Advisors. “I’m delighted to have Nordic Capital on board. Its partnership approach and deep sector expertise will give ProGlove additional firepower to further invest in people and technology. The acquisition by Nordic Capital undoubtedly proves the strength of ProGlove and the tremendous opportunities that lie ahead,” says Thomas Kirchner, co-founder of ProGlove. ProGlove is a very exciting company and a perfect first investment in the Industrial & Business Services sector for Nordic Capital in the German speaking part of Europe, broadening the sector footprint. Nordic Capital looks forward to working in partnership with the business to further strengthen ProGlove’s great team of engineers and software developers and to continue the exciting trajectory the company is on, Rainer Lenhard, Partner, Nordic Capital Advisors, Germany. Nordic Capital has continuously built its business over the past 15 years in the German speaking part of Europe and has become one of the most active investors, with seven companies from its focus sectors in its current portfolio. With a long history of investing in the Industrial & Business Services sector in the Nordic region, Nordic Capital’s portfolio today includes companies like Sortera, an environmental services company focused on recycling and waste solutions; iLOQ, a provider of self-powered and mobile access management systems; Consilium Safety Group, a producer of safety technologies for the marine, oil and gas, transport and building sectors; and recently listed Cary Group, a leading vehicle glass repair and replacement provider offering sustainable car care solutions. About ProGlove ProGlove is a World Economic Forum Technology Pioneer and builds the smallest, lightest, and toughest barcode scanners in the world. ProGlove’s industrial wearables connect the shopfloor worker to the Internet of Things. The wearables combined with ProGlove’s industry analytics software platform promote human-machine collaboration and drive the digitization across the shopfloor. ProGlove’s customers include some of the most iconic global industrial brands, pioneers and innovators in manufacturing and production, logistics and warehousing, retail and e-commerce, and post and parcel. About Nordic Capital Nordic Capital is a leading private equity investor with a resolute commitment to creating stronger, sustainable businesses through operational improvement and transformative growth. Nordic Capital focuses on selected regions and sectors where it has deep experience and a long history. Focus sectors are Healthcare, Technology & Payments, Financial Services, and selectively, Industrial & Business Services. Key regions are Europe and globally for Healthcare and Technology & Payments investments. Since inception in 1989, Nordic Capital has invested more than EUR 19 billion in over 120 investments. The most recent entities are Nordic Capital X with EUR 6.1 billion in committed capital and Nordic Capital Evolution with EUR 1.2 billion in committed capital, principally provided by international institutional investors such as pension funds. Nordic Capital Advisors have local offices in Sweden, the UK, the US, Germany, Denmark, Finland, Norway and South Korea.

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Spotlight

This is the second part of a series of lectures on networking protocols for Internet of Things (IoT) by Professor Raj Jain, Washington University. It covers 6LowPAN Adaptation Layer Address Formation Compression RPL.

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