ENTERPRISE IOT

Essence Group Announces Success in Meeting Supply Demand Throughout 2021 Despite Major Chip Shortages Caused by Ongoing COVID-19 Disruption

Essence Group | December 29, 2021

Essence Group, a leading technology group developing IoT-based security, safety and healthcare solutions and cloud services for homes, families and businesses, today announced it was able to meet the vast majority of customer orders for its connected security and senior care devices and systems throughout 2021.

Success was achieved due to Essence's strategic partnerships with component suppliers and chip manufacturers, its ability to predict and forecast requirements and place advanced orders according to these models, and the company's strong purchasing power. The robust management of Essence's supply chain mitigated the global disruption caused by the ongoing COVID-19 pandemic and ensured the continued supply of products to all of its customers.

"In March 2021, Essence released a statement describing our proactive resilience and detailed business planning, which ensured minimal interruption to supply during 2020," said Hagai Enoch, COO of Essence Group. "We are proud that this has continued throughout 2021, helping us to greatly exceed market expectations."

Throughout 2021, Essence was able to continually source the required items and maintain production levels, resulting in a 99.5% on-time delivery rate to its partners across the United States, Europe, Latin America and Asia-Pacific. The continuity of supply enabled Essence customers to continue to support end users successfully and without any disruption.

"The supply chain disruption forms part of the widescale resources challenges that affected global production, business investment and labor during 2021 and will likely continue well into 2022. Our strategic planning and decisions made early in the pandemic relieved these problems and will help us to continue meeting customer demands. Our supply chain management with strategic suppliers will ensure we are able to maintain delivery of products to customers in order to generate revenues and maintain constant growth year over year."

Dr. Haim Amir, CEO and Founder of Essence Group

About Essence Group
Essence Group is a global technology leader with a mission to develop and deploy innovative, cloud-based, end-to-end security and healthcare solutions, underpinned by supporting services, that provide peace of mind to users. For over a quarter of a century, Essence has challenged convention by making care and safety both accessible and affordable. With over 75 million connected devices deployed worldwide, Essence helps people to live safer and more independent lives.

Spotlight

Trustworthiness, which encompasses security, privacy,
reliability and reliance, is a key challenge for the IoT.
Firstly, this is because the IoT is intimately linked to
business-critical processes, and secondly because the IoT significantly broadens the surface of attack of business intelligence systems. Sigfox addresses this challenge through a systematic process that assumes that security is relative and will be adapted to the level of threat faced by the application at hand.


Other News
DEVICES

Siklu and Signify Announce Agreement to Integrate Gigabit-Speed Wireless Connectivity into Lighting Infrastructure

Siklu | January 25, 2022

Siklu, a global leader in millimeter wave (mmWave) solutions for Digital City, Gigabit Wireless Access (GWA), and Mobile x-Haul, and Signify (Euronext: LIGHT), the world leader in lighting, today announced a strategic partnership agreement to add Siklu's MultiHaul™ TG multi-gigabit wireless connectivity technology to Signify's BrightSites portfolio. This combination will result in an addition to the BrightSites portfolio, which will be known as Broadband luminaires. Signify's new innovative BrightSites solution is converting streetlights into a wireless connectivity grid which can facilitate a wide range of digital city services, such as: IoT, security and traffic monitoring, 4G/5G small cells, as well as "digital inclusion" initiatives including municipal Wi-Fi and residential broadband access. BrightSites helps cities to meet the needs of citizens, businesses, and visitors by delivering faster and more accessible broadband connectivity that helps ensure constant access to their digital world. The new broadband luminaires, integrate Siklu's Terragraph-compliant MultiHaul™ TG multi-gigabit wireless connectivity technology to significantly reduce the dependency on fiber deployment and enable municipalities to create a wireless mesh network by replacing their luminaires with Broadband luminaires. This will significantly accelerate city-wide scalability for secure and reliable multi-gigabit wireless connectivity, at a fraction of the cost and time compared to an all-fiber network deployment. Siklu's MultiHaul TG is Siklu's third generation 60 GHz point-to-multipoint product line and fifth generation overall of V-Band products. Overall, Siklu has hundreds of thousands of products installed in hundreds of cities around the world and offers advanced software tools to design and operate a network. Siklu's MultiHaul TG continues this tradition of excellence by creating secure and reliable fiber-like multi-gigabit wireless mesh networks to support any type of network topology from a small campus up to city and regional deployments. Both companies have collaborated over the past year in the development of the Broadband luminaire portfolio, based on Siklu's MultiHaul N366 TG node. Following successful market validation, the two companies have agreed to expand the collaboration to jointly develop and commercialize solutions for street lighting infrastructure. "We aim to radically accelerate the transition to smart cities by enabling the lighting infrastructure as a primary platform for cost-effective and scalable broadband connectivity. With our combined solution we overcome significant hurdles for the creation of dense networks by ensuring every light point acts as a data hub. This reduces time and cost, and most importantly, it improves the environmental impact as compared to legacy means. By integrating Siklu's Terragraph-compliant MultiHaul TG multi-gigabit wireless connectivity technology into our BrightSites portfolio, over the future of Smart Cities is a reality now," said Khalid Aziz, Head of Connectivity Solutions at Signify. "Siklu products are already enabling a wide range of urban and industrial services that require gigabit broadband access. With the increasing demand for high-speed internet connections everywhere, especially in the COVID era, we share Signify's vision of utilizing the lighting infrastructure as the connectivity grid of the future. Signify is the global leader in lighting infrastructure, and we are excited to collaborate in the digitalization of cities and transforming our vision into reality." Ronen Ben-Hamou, CEO of Siklu About Signify Signify is the world leader in lighting for professionals and consumers and lighting for the Internet of Things. Our Philips products, Interact connected lighting systems and data-enabled services, deliver business value and transform life in homes, buildings and public spaces. With 2020 sales of EUR 6.5 billion, we have approximately 37,000 employees and are present in over 70 countries. We unlock the extraordinary potential of light for brighter lives and a better world. We achieved carbon neutrality in 2020, have been in the Dow Jones Sustainability World Index since our IPO for five consecutive years and were named Industry Leader in 2017, 2018 and 2019. About Siklu Siklu delivers multi-gigabit wireless fiber connectivity in urban, suburban and rural areas. Operating in the millimeter wave bands, Siklu's wireless solutions are used by leading service providers and system integrators to provide 5G Gigabit Wireless Access services. In addition, Siklu solutions are ideal for Smart City projects requiring extra capacity such as video security, WiFi backhaul and municipal network connectivity all over one network. Thousands of carrier-grade systems are delivering interference-free performance worldwide. Easily installed on street-fixtures or rooftops, these radios have been proven to be the ideal solution for networks requiring fast and simple deployment of secure, wireless fiber.

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SECURITY

DigiCert Acquires IoT Cybersecurity Provider Mocana

DigiCert, Inc. | January 14, 2022

DigiCert, Inc., a leading provider of TLS/SSL, IoT and other PKI solutions, backed by Clearlake Capital Group. L.P. ("Clearlake"), Crosspoint Capital, and TA Associates, today announced that it has acquired Internet of Things (IoT) cybersecurity provider Mocana. The combination of DigiCert and Mocana technologies provides IoT manufacturers and operators with a comprehensive platform for managing security across the full IoT device lifecycle. Terms of the transaction were not disclosed. The acquisition strategically accelerates DigiCert's presence in the fast-growing IoT market. IDC estimates there will be more than 55 billion connected devices by 2025, with growth fueled by organizational investment in IoT platforms for achieving operational efficiency, digital transformation and competitive differentiation. "IoT security has been a challenge for device manufactures and operators. With the addition of Mocana, DigiCert is building on its vision for delivering digital trust, a growing necessity in the IoT market as smart devices become ubiquitous in every corner of our personal and professional lives. We are excited to introduce new and existing customers to our integrated platform and welcome the addition of Mocana's expertise in IoT technology and the industrial and manufacturing verticals to the DigiCert team." DigiCert CEO John Merrill "We have had a strategic partnership with Mocana for years and truly value their contribution to our product portfolio," said James Kline, senior director of program management at ABB Inc. "We are excited about the backing from DigiCert as a global leader in IoT security." The combination of DigiCert and Mocana provides customers with a means to manage device identity, secure connections, prevent device tampering, and update firmware and settings remotely and securely once in the field. This end-to-end platform reduces security vulnerabilities and enables digital transformation that is made possible from information technology (IT) and operational technology (OT) convergence. "Mocana is excited to be joining the DigiCert team," said Mocana CTO Srinivas Kumar. "Together, our solutions uniquely solve the challenges of IoT security, from embedding security protections on-chip or at device manufacturing to on-device secure communications and firmware updates once in the field."    About DigiCert, Inc. DigiCert is a global provider of TLS/SSL, PKI, and security solutions that enable digital trust for data, devices, code, documents and users. DigiCert is modernizing the way PKI is managed with the DigiCert ONE™ platform. DigiCert ONE reimagines PKI to address all certificate-based security use cases with flexible, scalable and automated workflow managers, including the award-winning TLS certificate manager, CertCentral®. About Clearlake Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. With a sector-focused approach, the firm seeks to partner with experienced management teams by providing patient, long-term capital to dynamic businesses that can benefit from Clearlake's operational improvement approach, O.P.S.® The firm's core target sectors are technology, industrials, and consumer. Clearlake currently has over $60 billion of assets under management and its senior investment principals have led or co-led over 300 investments. The firm has offices in Santa Monica and Dallas. About Crosspoint Capital Crosspoint Capital Partners is a private equity investment firm focused on the cybersecurity, privacy and infrastructure software markets. Crosspoint has assembled a group of highly successful operators, investors and sector experts to partner with foundational technology companies and drive differentiated returns. Crosspoint has offices in Menlo Park, CA and Boston, MA. About TA Associates TA Associates is a leading global growth private equity firm. Focused on targeted sectors within five industries – technology, healthcare, financial services, consumer and business services – TA invests in profitable, growing companies with opportunities for sustained growth, and has invested in more than 550 companies around the world. Investing as either a majority or minority investor, TA employs a long-term approach, utilizing its strategic resources to help management teams build lasting value in high quality growth companies. TA has raised $47.5 billion in capital since its founding in 1968. The firm's more than 100 investment professionals are based in Boston, Menlo Park, London, Mumbai and Hong Kong.

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DEVICES

Johnson Controls acquires FogHorn, expanding leadership in Smart and Autonomous Buildings

Johnson Controls | January 13, 2022

Johnson Controls, the global leader for smart, healthy and sustainable buildings, has completed the acquisition of FogHorn, the leading developer of Edge AI software for the industrial and commercial Internet of Things (IoT) solutions. "Value is increasingly being created by applying intelligence at the edge-device level to create real-time, secure, actionable insights. By pervasively integrating Foghorn's world class Edge AI throughout our OpenBlue solution portfolio, we are accelerating the pace towards our vision of smart, autonomous buildings that continuously learn, adapt and automatically respond to the needs of the environment and people." Johnson Controls CTO Vijay Sankara "As the number of sensors and amount of data in buildings continues to grow exponentially, the value of processing data and applying intelligence at the edge, without having to send data to the cloud, becomes increasingly pronounced. Sastry Malladi, who served as Chief Technology Officer at Foghorn, will join Johnson Controls, reporting to Sankaran as Vice President, OpenBlue Artificial Intelligence. "We are thrilled to bring the Foghorn team and edge AI capabilities to Johnson Controls and OpenBlue," said Sastry Malladi, Foghorn's Chief Technology Officer. "By combining our respective strengths, Johnson Controls can make an even bigger impact on continuing to address some of the world's most pressing challenges of decarbonization, sustainability and energy efficiency, indoor air quality and smart, secure buildings." Financial terms of the transaction were not disclosed. FogHorn's technical team will be integrated into the OpenBlue Solutions organization. FogHorn's headquarters in Sunnyvale, California will function as an 'AI Hub' for Johnson Controls. About Johnson Controls At Johnson Controls we transform the environments where people live, work, learn and play. As the global leader in smart, healthy and sustainable buildings, our mission is to reimagine the performance of buildings to serve people, places and the planet. With a history of more than 135 years of innovation, Johnson Controls delivers the blueprint of the future for industries such as healthcare, schools, data centers, airports, stadiums, manufacturing and beyond through its comprehensive digital offering OpenBlue. With a global team of 100,000 experts in more than 150 countries, Johnson Controls offers the world`s largest portfolio of building technology, software as well as service solutions with some of the most trusted names in the industry. About FogHorn FogHorn is a leading developer of edge AI software for industrial and commercial IoT application solutions. FogHorn's software platform brings the power of advanced analytics and machine learning to the on-premises edge environment enabling a new class of applications for advanced monitoring and diagnostics, machine performance optimization, proactive maintenance, and operational intelligence use cases. FogHorn's technology is ideally suited for OEMs, systems integrators and end customers in manufacturing, power and water, oil and gas, renewable energy, mining, transportation, healthcare, retail, as well as smart grid, smart city, smart building, and connected vehicle applications.

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INDUSTRIAL IOT

New AI-driven technology boosts IoT for smart cities

Ayyeka | March 15, 2022

Ayyeka Inc. has a pioneering technology to transform smart cities from a futuristic promise to an everyday reality. The promise of smart cities--which leverages IoT technologies for digitalization of critical infrastructure—has been slow to materialize. Data quality and reliability are among the top impediments to smart cities and IoT deployments at large. Ayyeka's AI Data Curator solves this. There are many moving parts to IoT projects, ranging from sensors through edge devices to cloud platforms, making it easy for things to go wrong. In large-scale IoT projects, it is not uncommon to have data quality and reliability issues that render the data useless. Whether it's gaps in the data, unstable readings, or the sensor is just stuck at a certain value--the user now has only two options: either clean the data or give up on it. Detecting, fixing, and overcoming those issues is a labor-intensive process. On large-scale IoT deployments, this is just not feasible and often delays or even fails the entire project. Ayyeka has automated this process by harnessing the power of AI, delivering more reliable data, and saving enormous amounts of time and manual labor. At the click of a button, Ayyeka's AI Data Curator will detect, report, and automatically fix IoT sensor data for better decision outcomes and regulatory compliance. In industries where decisions are anchored with data, that data must be solid. Yair Poleg, co-founder and Chief Technology Officer of Ayyeka, explained that "Data quality is often overlooked in the proof-of-concept (PoC) phase of IoT deployments, but it becomes a huge problem when scaling up from the PoC phase to full-size deployments. The AI Data Curator alleviates this pain point." About Ayyeka Ayyeka provides an end-to-end solution with the hardware, software, and artificial intelligence needed to create resilience in any type of infrastructure. Simple to launch, the plug-and-play solution is compatible with any sensor to deliver all essential data for each asset. Ayyeka's solution provides decision-makers with the visibility and situational awareness to convert data into insights and action.

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Spotlight

Trustworthiness, which encompasses security, privacy,
reliability and reliance, is a key challenge for the IoT.
Firstly, this is because the IoT is intimately linked to
business-critical processes, and secondly because the IoT significantly broadens the surface of attack of business intelligence systems. Sigfox addresses this challenge through a systematic process that assumes that security is relative and will be adapted to the level of threat faced by the application at hand.

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