PLATFORMS

Frost & Sullivan Predicts that Smart Cities will Drive Growth in the Asia-Pacific Internet of Things market by 2026

Frost & Sullivan | April 23, 2021

Frost & Sullivan Predicts that Smart Cities will Drive Growth in the Asia-Pacific Internet of Things market by 2026
According to a recent Frost & Sullivan report, the Asia-Pacific Internet of Things (IoT) industry is being increasingly transformed by Mega Trends such as the integration of edge computing networks into IoT platforms and modern narrow-band (NB) IoT deployments. The buoyant APAC IoT market is expected to hit $436.77 billion in sales by 2026, up from $96.92 billion in 2020, at a compound annual growth rate (CAGR) of 28.52%, driven by increasing investments in 4G/LTE and 5G, lesser IoT sensor costs, and government funding.

China is the world leader in IoT investment, accounting for more than half of the APAC market, led by Japan and Australia. Government spending on smart cities accounts for about one-third of total spending in the region, followed by transportation and logistics and then manufacturing. The COVID-19 pandemic, on the other hand, has hampered customers' transformation journeys through many business verticals, causing delays in initiatives such as incorporating emerging technology such as artificial intelligence (AI), Blockchain, and cloud adoption.

Capitalize on the region's attractive IoT market by betting on the following growth opportunities:
  • Telecom Companies can Monetize IoT Deployments  Further: Vendors can expand their service portfolios to include other service management capabilities such as access management, data security, and data routing.
  • Multi-cloud is the Future of IoT: Cloud services can provide shared platforms that enable users to exchange expertise on a single platform. Vendors can go beyond providing cloud computation resources to deliver additional value-added offerings, such as automation capabilities that boost computation capacity.
  • Manufacturing and Smart City Initiatives: Vendors must have integrated IoT solutions while still developing horizontal capabilities. Emerging application areas of manufacturing include predictive maintenance, remote monitoring, and related operational intelligence. Smart lighting, monitoring and surveillance, and waste management are also essential components of smart cities.

Massive Trends in the  Asia-Pacific Internet-of-Things Market is the most recent addition to Frost & Sullivan's Information and Communication Technology research and analyses, which are available through the Frost & Sullivan Leadership Council and assist companies in identifying a constant flow of development prospects to flourish in an uncertain future.

About Frost & Sullivan
Frost & Sullivan has been world-renowned for its role in assisting analysts, corporate executives, and policymakers in managing economic changes and identifying emerging innovations, Mega Trends, innovative business models, and businesses to action, resulting in a steady flow of growth opportunities to fuel potential prosperity for over six decades.

Spotlight

Narrowband IoT (NB‑IoT) is a Low Power Wide Area (LPWA) technology that works virtually anywhere. It connects devices more simply and efficiently on already established mobile networks, and handles small amounts of fairly infrequent 2‑way data, securely and reliably


Other News
SECURITY

Cloudastructure Signs Letter of Intent to Acquire IPG

Cloudastructure | January 21, 2022

Cloudastructure, the award-winning cloud video surveillance provider, has signed a Letter of Intent to purchase rapidly growing IoT cybersecurity company IPG. The terms of the deal are undisclosed.The acquisition would add an important new layer of cybersecurity to Cloudastructure’s expanding physical and cybersecurity platform and a key offering for enterprise customers as they embrace new IoT technologies. The plethora of IoT devices tells the story. According to a Forrester report, “State of Enterprise IoT Security in North America: Unmanaged and Unsecured”: 67% of enterprises have experienced an IoT security incident 84% of security professionals believe IoT devices are more vulnerable than computers 93% of enterprises are planning to increase their spending on security for IoT and unmanaged devices Routinely installed IoT devices include: video surveillance, access control, fire and life safety, utilities, conveyance, HVAC and building management. IPG’s cybersecurity tool GearBox is a “plug-and-play” tool which inventories devices, performs risk analysis, compliance testing and rogue device detection. This combined with readily accessible normalized data alleviates the level of risk introduced by IoT installations. The IPG team will be joining Cloudastructure, including Steve Kiss, CEO, as General Manager, IoT Security. “The acquisition of IPG means Cloudastructure enterprise customers can enjoy not only a vastly higher degree of cybersecurity than they can with other cloud video surveillance providers, but opt for a robust IoT risk management posture throughout their organization.” Cloudastructure CEO Rick Bentley IPG CEO Steve Kiss commented, “We couldn’t be more pleased joining Cloudastructure, a cloud-based video surveillance provider that views cybersecurity as critically as we do.” Subject to satisfactory completion of customary due diligence and the signing of a definitive agreement, the closing of the deal will be announced on a mutually agreeable date. About Cloudastructure Headquartered in Miami, Florida, with R&D in Silicon Valley, California, Cloudastructure’s award-winning surveillance video management system is designed and supported by world-class technical resources drawn from five continents. The platform’s unique architecture enables AI and computer vision for scalable, flexible, cost-effective security and eliminates the resource-intensive management and data risks of on-premises solutions. Cloudastructure enables a unified view of multiple sites for motion, facial recognition/detection, anomaly detection, object counting, LPR, advanced analytics, and compliance and delivers up to a 75% lower total cost of ownership than other systems. About Infrastructure Proving Grounds Infrastructure Proving Grounds (IPG) produces the award-winning GearBox IoT security tool. GearBox combines a durable appliance with simple execution to allow industrial operators the insight they need to secure their infrastructure. GearBox provides cybersecurity and performance metrics to some of the nation's most critical infrastructure including utilities, commercial buildings, healthcare and transportation. IPG received the “Most Fundable Company” award from Pepperdine University in 2019, are contributors to the NIST IoT 800-53 security standard and an Intel IoT Solutions Provider.

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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

Renesas Launches Automotive Actuator and Sensor Control MCUs for Evolving Edge Applications in Next-Generation E/E Architecture

Renesas | December 18, 2021

Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, announced two new microcontrollers (MCUs) designed for automotive actuator and sensor control applications supporting edge evolution in next-generation electronic and electrical (E/E) architecture. With the new RL78/F24 and RL78/F23, Renesas expands its RL78 Family of low-power 16-bit MCUs and strengthens its broader automotive portfolio, offering customers highly reliable, high-performance solutions for systems ranging from actuators to zone control. With E/E architecture extending to include zone and domain control applications, control mechanisms are evolving to accommodate body control for automotive systems such as lights, windows, and mirrors; motor control for engine pumps and fans; and multiple sensor control. Moving forward, high-speed and secure connectivity with zone and domain controllers will be mission critical for edge electronic control units (ECUs). Renesas’ next-generation RL78/F24 and RL78/F23 MCUs address changing technology demands for actuator and sensor control with enhanced security, rich connectivity, and functional safety capabilities. The new devices support the CAN FD high-speed communication protocol (RL78/F24) and EVITA-Light security and are optimized for systems targeting ASIL-B levels under the ISO 26262 functional safety standard. Advances in E/E architecture add stress to the already heavy development burden, and there is high demand among our customers to efficiently develop actuators.Our new actuator and sensor control MCUs build on our highly popular RL78/F14 and RL78/F13 devices and enable developers to reuse most of their existing software assets, reducing costs while continuing to accelerate the advancement of E/E architecture.” Naoki Yoshida, Vice President, Automotive Digital Products Marketing Division at Renesas The future of automotive systems design lies in a vehicle-centralized, zone-oriented E/E architecture, and that shift is sparking higher demand for more advanced functionality and better performance in actuator controller applications. The new RL78/F24 and RL78/F23 MCUs deliver up to approximately 70 percent faster operating frequencies than the previous generation, which can more than double the performance in brushless motor control (BLDC) applications. Renesas also enhanced the hardware accelerator and timer functions for motor control and added a 12-bit A/D converter, offering customers the enhanced functionality and performance levels they demand. Key Features of RL78/F24 and RL78/F23 MCUs 40 MHz operating frequency Supports several connectivity interfaces, including CAN FD (RL78/F24), LIN, SPI, and I2C EVITA-Light support security functionality (support for AES-128/192/256 encryption algorithms) Pin compatible with the RL78/F14 and RL78/F13 MCUs with the same power efficiency On-chip flash memory capacity of 128 KB or 256 KB Package lineup ranging from compact 5 × 5 mm 32-pin QFN to 100-pin QFP Support for high temperatures up to 150°C RL78/F24 Target Board and RL78/F24 12V Motor Control Evaluation System Starter Kit soon to be released for RL78/F24 (under development) Availability Samples of the RL78/F24 and RL78/F23 MCUs will be available starting April 2022, and are scheduled to enter mass production in the second half of 2023. About Renesas Electronics Corporation Renesas Electronics Corporation (TSE: 6723) delivers trusted embedded design innovation with complete semiconductor solutions that enable billions of connected, intelligent devices to enhance the way people work and live. A global leader in microcontrollers, analog, power, and SoC products, Renesas provides comprehensive solutions for a broad range of automotive, industrial, Infrastructure, and IoT applications that help shape a limitless future.

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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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Spotlight

Narrowband IoT (NB‑IoT) is a Low Power Wide Area (LPWA) technology that works virtually anywhere. It connects devices more simply and efficiently on already established mobile networks, and handles small amounts of fairly infrequent 2‑way data, securely and reliably

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