IDC warns of significant shrinkage to semiconductor market with Covid-19 pandemic

IoT Tech news | March 24, 2020

IDC has offered a gloomy analysis of the semiconductor market amid the Covid-19 pandemic, suggesting significant shrinkage compared with the earlier expected minor overall growth.
In its latest report, titled Impact of COVID-19 on the Worldwide Semiconductor Market Forecast, IDC notes that despite the disruption, to human life as well as the international technology supply chain, the report states that there is still a one-in-five chance that the market would bounce back from the contagion in 2020. The most probable results for this event would be a year-over-year revenue loss of 6% for the worldwide semiconductor market in 2020, says IDC, giving the scenario a probability of 54%. The entire semiconductor segment is likely to see a loss of $25.8b and the effect will be felt throughout the year. According to the market researcher, the demand for systems and availability of components would be at their lowest for some time, but will gradually start recovering once the outbreak is in control.

Spotlight

Today’s smart home is one characterized by connected products that aim to bring simplicity to our lives through control and automation of home systems like lighting and access control.


Other News
INDUSTRIAL 4.0

Eseye Launches Next Gen Infinity IoT Platform™ to Solve Enterprise IoT Challenges

Eseye | May 21, 2022

Eseye, a pioneer of leading-edge IoT connectivity solutions, today announced the launch of its next generation 'mission control' IoT connectivity platform, Infinity™. The Eseye Infinity IoT Platform™ delivers a single, customisable and scalable network for both today's and tomorrow's global IoT deployments. Until now, IoT has been hampered by its complexity with devices, global connectivity and security challenges. Now Eseye's new platform enables customers to easily scale and evolve their IoT deployment to suit their needs, empowering them to make the right carrier choices, wherever they are in the world. With Infinity, organisations can right-size, change and optimise connectivity as their requirements, the market and technology evolve. Single pane-of-glass visibility and centralised reporting ensure the platform captures and manages everything, utilising analytics and AI which in turn reduces service overheads across global IoT estates, significantly cutting the total cost of ownership (TCO). An IoT Platform of Platforms Uniquely, Infinity's 'all in one place' single IoT platform approach means that customers can manage existing legacy SIMs, as well as Eseye AnyNet+ SIMs, and emerging iSIM solutions. "Eseye provides customers a single platform for easily deploying devices around the world, choosing and switching providers, and implementing policies from a single pane of glass. Eseye claims it can remove complexity from connectivity, while increasing flexibility and delivering better results. It serves enterprises across many verticals and use cases. Past projects have included Amazon's network of Lockers, Shell Recharge Solutions' network of electric vehicle chargers and Itron's smart meters," comments John Gole, Research Director, IoT, IDC. With Infinity, organisations can connect anywhere, giving them the widest choice of mobile networks and platform integrations. Direct multiple MNO interconnects mean that customers can connect to a wide range of operators to deliver a blend of localised and roaming connectivity, as well as integrating with existing provider platforms including Jasper, Vodafone GDSP, Ericsson DCP and many more. Today, Eseye has the largest selection of network localisation options available, including Verizon, MTN and Telstra, to help customers deploy IoT around the world and eliminate the risks associated with permanent roaming. BYOC – Delivering Commercial Flexibility Additionally, Infinity's 'Bring Your Own Contract (BYOC)' capabilities enable customers to import existing MNO contracts into the platform. This puts organisations in complete control of commercial decision making and enables them to customise network connectivity options to meet their requirements, while at the same time allowing them to bring negotiated rates from their existing carriers. Additionally, organisations can fill any connectivity gaps via Eseye's AnyNet Federation, which provides access to over 700 networks around the world. Next gen platform built to last Infinity is built on decades of deep IoT hardware and connectivity expertise, giving customers fine-grain control over their IoT business policy. Organisations can define IoT policy centrally, then automatically deploy to the edge, while optimising connectivity, quality of service and price, device-by-device. The Infinity Platform's Software Defined Network (SDN) enables fast onboarding of new MNOs, while connectivity and network optimisation deliver dynamic network switching-as-a-service. The platform also provides new connectivity options, which protects the business's IoT investment by enabling the addition of private 5G/LTE networks and other wireless technologies as the market evolves. Making IoT secure and compliant IoT security is an issue that many enterprises grapple with and Infinity delivers reliable, low-latency device-to-cloud connectivity, security, and routing. Customers also benefit from support for GDPR, data sovereignty and other regulatory requirements. Built-in enterprise policy control and management to the edge provides API integrations with security and other enterprise applications, such as Armis for asset visibility and agentless security. "We've witnessed strong demand from enterprises who need to be better equipped to reduce the complexity of their global IoT deployments. This has been one of the biggest barriers to large-scale project rollouts. Our next gen Infinity Platform simplifies global connectivity on a game-changing scale, elegantly solving the problems of carrier lock-in, connectivity and security in a single solution," comments Nick Earle, CEO, Eseye. "The platform is designed to deliver any flavour of IoT connectivity, so customers have total flexibility as the shape and scale of their deployment evolves. We've also made sure that we future proof our customer's investment with a rapid method to integrate other wireless IoT technologies, such as private 5G/LTE and satellite." A platform that enables true scalability The Infinity IoT Platform and service comes in two versions. Infinity Flex is designed for companies with mid-size deployments and is perfect for those customers who need to get started quickly and have pre-defined pricing and support. Infinity Enterprise is suited to global or multi-regional enterprise IoT projects, or those with more complex deployment, hardware or deployment needs. In the last 12 months, Eseye has experienced tremendous momentum, in response to the rapidly growing demand for enterprise-grade IoT solutions delivering ubiquitous global connectivity. Thanks to Eseye's AnyNet connectivity managed service, customers around the world are now benefitting. For example, Instavolt, the provider of the UK's largest owner-operated rapid EV charging network, has seen utilisation grow exponentially post-COVID. InstaVolt chose Eseye's reliable connectivity to power its growing estate of EV fast-charge points which are embedded with Eseye AnyNet+ SIMs designed to operate in the field for up to 30 years. "The AnyNet+ SIM embedded in our charge points offers the ability to network, manage and effectively switch connectivity to another provider, if needed. This ensures our chargers have high uptime wherever they are located, and our customers can simply tap, charge, and drive," Gary Kirkland, CTO, InstaVolt. To meet this rapidly growing demand, Eseye has trebled its roster of proven, senior industry leaders, to focus on providing best-in-class, reliable managed IoT services to support complex worldwide IoT deployments. Now with the launch of its next gen Infinity IoT Platform, Eseye will accelerate its growth plans, helping customers build solutions that are future-proofed enabling IoT deployments that deliver both today and in 20 years' time. About Eseye We unlock the full potential of IoT, free from the complexities of global cellular connectivity. We have everything you need to move from initial concept to global deployment. We do this through seamless IoT connectivity, technical device services and versatile hardware, backed by round-the-clock support. All with an intense focus on enabling our customers to drive business value, deploy differentiated experiences, and disrupt their markets – without limits. Together, our AnyNet+ eSIM technology, Infinity IoT Connectivity Platform™ and partner ecosystem connect millions of devices across 190 countries. We bring together over 700 networks for 100% global coverage – and our flexible technology platform means our customers are ready for whatever else the future holds. Global brands that trust us to deliver including Costa Express, Bosch, Amazon, Siemens and Philips.

Read More

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.

Read More

ENTERPRISE IOT

Forever Group launches Geotab Fleet Management and Fleet Telematics services in the UK

Forever Group | February 05, 2021

Forever Group is an established Telecommunications and IT specialist, with long-standing partnerships across the UK's leading business mobile networks. Additionally, as a Telefonica M2M partner and with numerous Cisco accreditations, we also provide secure connectivity and IoT solutions. We are proud to be launching Geotab UK services as an authorised reseller. Geotab are the global market leader in Fleet Management and Fleet Telematics technology, with more than 2,000,000 vehicles deployed globally. In addition to Fleet Tracking, Geotab captures rich Fleet Telematics data for vehicles and drivers to provide real operational insight in to your fleet. This includes driver risk analytics and coaching to help improve driver behaviours such as speeding, rapid acceleration/deceleration, and high RPM driving. Further - as part of our ongoing efforts to promote energy-efficient technology - alongside renewable energy and EV charging solutions - we are particularly attracted to the level of Geotab electric vehicles support including Electric Vehicle Suitability Assessments. Geotab supports a wide range of vehicles - including cars, vans, trucks, HGVs, EVs, and more - all on one cloud software platform. Our Geotab ProPlus plan even supports live location tracking every second, making it an ideal choice for organisations that require instant tracking such as emergency services. Additionally, as a cyber security specialist we have been equally impressed with Geotab's focus on data security - with standard encryption, device obfuscation techniques, and optional integration with Cisco security access controls to keep valuable fleet data away from prying eyes. Whether organisations are looking for simple business vehicle tracking solution with van trackers, or require a more comprehensive fleet tracking system with fleet telematics devices, then our fleet management software services can help them. As an established wholesale telecommunications provider with our own billing platform, we look forward to bringing competitive Geotab pricing to UK organisations including the ability to bundle Geotab with other services - such as mobile SIM cards for driver mobile phones or tablets. For more information on our Geotab solutions - or to learn about the other ways that we can support your field and fleet employees with modern technology - please contact us via phone or email.

Read More

INDUSTRIAL 4.0

Kajeet Launches Sentinel Insights for Real-time Decision Making in IoT Management

Kajeet | May 20, 2022

Kajeet®, a leading provider of wireless connectivity, software and hardware solutions that deliver secure, reliable and managed IoT solutions to over 3,000 businesses, schools and districts, and state and local governments, today announced the launch of Sentinel Insights, a robust, cloud-based data analytics product that enhances Kajeet’s flagship IoT management platform, Sentinel®. With machine learning and predictive analytics, Sentinel Insights provides real-time data, alerts and visualization capabilities that transform customer data into actionable intelligence for better, more informed decision making. Sentinel Insights pioneers a new era for Kajeet’s data analytics engine and represents a critical step forward in our mission of providing intelligent connections for good. Analyzing data trends and anomalies – such as how and when students use their devices, the content they consume, their engagement rate, etc. – can help educators produce better outcomes for their students.” Greg Jones, chief technology officer at Kajeet. According to Gartner, most chief data officers will fail to establish data literacy within their workforce by 2025. This projection emphasizes a key pain point: they simply do not have the resources needed to gather, process and interpret the data needed to drive specific actions. Sentinel Insights eradicates these inefficiencies for organizations, providing an innovative solution that processes data and extracts meaningful takeaways to optimize their delivery against business goals. Sentinel Insights is the only analytics tool in the IoT connectivity market that provides multiple, real-time, interactive data visualization dashboards that are highly configurable according to the unique needs of customers. It aggregates insights from various data-rich sources and tracks real-time activity at the device, application and network levels. Sentinel Insights also enables dynamic cohort analysis, allowing device managers to detect significant trends and anomalies across a specific group of users - a capability that presents breakthrough benefits for Kajeet’s customer base. According to Dennis David, president of Infuriant Technology Solutions, “The launch of the real-time Sentinel Insights analytics platform is an incredibly valuable addition to the Kajeet product portfolio. Our clients, such as Five Guys, have a voracious appetite for real-time analytics across all areas of their business operations, down to accurately predicting the number of pickles needed in each location on a daily basis.” Sentinel Insights is provisioned on Kajeet’s Sentinel™ IoT management platform. Centralizing all devices, data usage, user groups, and policies, Sentinel enables administrators to manage multiple networks and accounts across all devices, as well as providing web filtering, firewalls and next-gen malware detection—all in one easy-to-use interface. Sentinel Insights powers intelligent connections for Kajeet’s diverse customer base, including organizations across the education, transportation, field services, government and healthcare industries. About Kajeet Kajeet provides optimized IoT connectivity, software and hardware products that deliver safe, reliable, and controlled internet connectivity to nearly 3,000 businesses, schools and districts, state and local governments, and IoT solution providers. Kajeet’s Private Network solutions simplify private wireless to allow customers to design, install and manage their own private wireless networks. Kajeet is the only managed IoT connectivity services provider in the industry to offer Sentinel®, a scalable IoT management platform that includes visibility into real-time data usage, policy control management, custom content filters for added security and multi-network flexibility.

Read More