Introducing the now platform - the first partnership between Origin and nami

Origin | January 12, 2022

Origin Wireless™ Inc. ("Origin") and nami.ai Pte. Ltd. ("nami") today announced the launch of their 'now' initiative (nami origin wi-fi sensing). The now platform brings together two industry leaders to offer companies and brands an all-in-one solution, combining AI, software and hardware to deploy intelligent Wi-Fi sensing to their customers.

Being a cost-efficient, turnkey solution, the now platform speeds up the time to market for IoT providers, ISPs, PropTech, InsurTech, HealthTech and EnergyTech. Incorporating the now AIoT platform (AI + IoT) enables even the smallest smart device to become a sensor to differentiate between human beings, robot vacuums, pets, fans and more.

Today we unveil the official name and architecture of the companies' first joint effort since announcing their partnership last month. Origin is the leader in WiFi Sensing – developing applications for home automation, home security, fall detection and more. nami is an innovator which challenges and overcomes the limits of what's possible in IoT.

"nami's impressive AIoT infrastructure, encompassing firmware, cloud, API and UI/UX layers, is invaluable to the now platform with digital monitoring powered by Origin's advanced AI wireless sensing technology," said Dr. Ray Liu, Founder and CEO of Origin. "We are pleased to bring our joint solution to the market and look forward to its early applications and future success."

"We are excited to contribute to elevate an industry from the Internet of Things to the Intelligence of Things. Non-line-of-sight monitoring technology allows us to fully respect people's privacy, while bringing unprecedented levels of granularity in digital sensing. With the now initiative, we have built a middleware platform guaranteeing privacy from back-end to front-end. Together with Origin, we are creating solutions around both B2C and B2B use-cases – relevant for security, energy efficiency, building automation and health – to help innovative players smoothly incorporate Wi-Fi sensing disruption to their value propositions."

Jean-Eudes Leroy, CEO of nami

Origin and nami will host "now presence sensing", a virtual event on February 16th & 17th, to showcase the building blocks of their combined initiative. During live sensing demos, presentations and Q&A sessions, the companies will present the now platform and customizable offerings tailored to a variety of applications. Registration is limited – learn more and secure your spot here.

About Origin
Origin is revolutionizing what Wi-Fi can do. As the pioneer of Wi-Fi Sensing, Origin aims to improve people's lives with its AI sensing technology. Its patented and award-winning applications enable companies to build a wide range of Wi-Fi smart home, health, well-being, and automotive applications with high performance, low cost, and ease of use. 

About nami
nami is an Artificial Intelligence of Things startup that aims to transform smart devices and systems into intelligent ones for security, energy saving and health care. Its leadership team consists of WiZ Connected founders, a smart lighting company awarded the Wi-Fi Alliance's Top 10 Wi-Fi Certifiers of 2020, with double-digit deployment of millions of IoT devices across 45 countries. After raising US$4.1 mil in 2021, nami is preparing for a Series A funding round in Q2 2022. 

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SECURITY

Xiaomi Strengthens Its Position on Consumer IoT Security with Proposed Global Common Standards

Xiaomi Corporation | January 18, 2022

Xiaomi, a consumer electronics and smart manufacturing company that established the world's leading consumer AIoT (AI+IoT) platform, has published a new set of proposed global standards to support and reassure consumers about the security of their data while using IoT products. The guideline entitled "Cyber Security Baseline for Consumer Internet of Things Device Version 2.0" *[1] aims to protect security and user privacy with a comprehensive set of requirements covering guidelines from device hardware, device software to device communication. It also states the requirements on data security and privacy, which include communication security, authentication and access control, secure boot, data deletion, etc. It is a security baseline that all Xiaomi smart devices should follow. The guideline of Xiaomi meets the need of the consumer IoT industry as there is no such general standard that can be publicly queried and implemented. Now companies can use this guide to avoid some basic security and privacy protection risks, and to quickly improve the security and privacy protection capabilities of their IoT products. Xiaomi owns the world's leading consumer AIoT platform. As of November 2021, Xiaomi's AIoT platform has connected more than 400 million devices, excluding smartphones and laptops, and there are more than 8 million users with 5 or more Xiaomi IoT devices around the world. Xiaomi offers the most comprehensive security protection to its users and explores the best industry solutions and common standards for other stakeholders. The guideline comes as the British Standards Institution (BSI) confirmed that Xiaomi Mesh System AX3000 has obtained the BSI IoT Kitemark™ Certificate, which has undoubtably proved the high degree of consistency between the Cyber Security Baseline for Consumer Internet of Things Device of Xiaomi and the international IoT security standards held by BSI. "Users' security and privacy is the top priority of Xiaomi, and we promise that this applies to all markets where we operate. I'm delighted to see that Xiaomi Mesh System AX3000 has also successfully joined the BSI Kitemark™ certification. Over the years, we have made great efforts to protect users' security and privacy. I'm confident and proud to say that Xiaomi is in the leading position of IoT security policies and practices in the world, and we will continue to work hard to build a better IoT ecosystem for our users." said Cui Baoqiu, Xiaomi Vice President and Chairman of Xiaomi Security and Privacy Committee. "Connected devices can bring huge benefits to society, but it is imperative that their function and security can be trusted throughout the required device life. By achieving the BSI Kitemark™ for IoT Devices for its product and having its systems regularly and independently tested and monitored, Xiaomi is demonstrating to consumers their commitment to safeguarding information. Congratulations to the team at Xiaomi for this achievement." David Mudd, BSI Global Digital and Connected Product Certification Director The BSI IoT Kitemark™ is a product and service quality certification owned and operated by BSI. It conducts technical testing and security audits for IoT systems, giving consumers reassurance and confidence of secure and trust-worthy IoT devices under the highest standards. Obtaining the BSI IoT Kitemark™ Certificate means that Xiaomi products are in compliance with multiple cybersecurity standards, including the ETSI/EN303645 standard issued by European Telecommunications Standards Institute (ETSI), as well as the Open Web Application Security Project® (OWASP) Top 10 security requirements. It is the third time that Xiaomi received this international security accreditation, following Mi 360° Home Security Camera 2K and Xiaomi Home App, which achieved the BSI Kitemark™ Certificates in July 2021. These are only a small part of the bigger picture of what Xiaomi has achieved on IoT security. In June 2021, Xiaomi published the Xiaomi IoT Privacy White Paper *[2], explaining the security and privacy policies and practices of Xiaomi's IoT products, gaining trust by increasing the transparency. In November of the same year, in The Contemporary Use of Vulnerability Disclosure in IoT (Report 4: November 2021) *[3] published by the Internet of Things Security Foundation (IoTSF), Xiaomi was listed as one of the 21 IoT device suppliers that met the extended threshold test, namely received the highest rating for security vulnerability disclosure policy, which demonstrates Xiaomi's leadership in IoT security. In the future, Xiaomi will keep improving its IoT security framework, while strengthening its security management and technical testing capabilities to fulfill the responsibility of a global industry leader and let everyone in the world enjoy a better and smarter life through innovative and safe technology. About Xiaomi Corporation Xiaomi Corporation was founded in April 2010 and listed on the Main Board of the Hong Kong Stock Exchange on July 9, 2018 (1810.HK). Xiaomi is a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an IoT platform at its core. Embracing our vision of "Make friends with users and be the coolest company in the users' hearts", Xiaomi continuously pursues innovations, high-quality user experience and operational efficiency. The company relentlessly builds amazing products with honest prices to let everyone in the world enjoy a better life through innovative technology. Xiaomi is one of the world's leading smartphone companies. The company's market share in terms of smartphone shipments ranked no. 3 globally in the third quarter of 2021. The company has also established the world's leading consumer AIoT (AI+IoT) platform, more than 400 million smart devices connected to its platform as of September 30, 2021, excluding smartphones and laptops. Xiaomi products are present in more than 100 countries and regions around the world. In August 2021, the company made the Fortune Global 500 list for the third time, ranking 338th, up 84 places compared to 2020. Xiaomi is a constituent of the Hang Seng Index, Hang Seng China Enterprises Index, Hang Seng TECH Index and Hang Seng China 50 Index.

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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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INDUSTRIAL IOT

Blackline Safety Acquires IoT Expert Swift Labs to Expand Connected Worker Portfolio

Blackline | April 05, 2022

Blackline Safety Corp. (TSX: BLN) ("Blackline" or "Blackline Safety"), a global leader in connected safety technology, today announced it has acquired Ontario-based Swift Labs Inc. (“Swift Labs”), an Internet of Things (IoT) design and engineering consulting firm, for $5 million in a combination of cash and shares. Founded in 2014 by technology experts from Blackberry, Nortel and Apple, Swift Labs leverages its deep technical talent across all aspects of wireless product design and development to help companies connect their products to the cloud. Swift Labs has provided end-to-end service from product design, testing and delivery to customers in global markets. In 2021, Swift Labs generated $4M in revenue serving leading global enterprises. The acquisition of Swift Labs advances Blackline’s strategy to connect workers through technology by enhancing our industry-leading product development expertise. The acquisition will enable Blackline to accelerate its pace of innovation by expanding its product development capacity. "I am excited to welcome Swift Labs and its people to the Blackline Safety team. Over the last three years of working with Swift Labs, they have proven to be the right partner to help us accelerate our connection of the industrial workplace,” said Cody Slater, CEO and Chair of Blackline Safety. “Swift Labs will accelerate the advancement of our product roadmap, while also providing additional capacity to seek further opportunities to connect un-connected hardware throughout the industrial workplace.” “The acquisition of Swift Labs positions us to better serve our global customers and help them redefine the future of industrial work through technology,” added Slater. Blackline’s suite of products and data analytics connects workers through location-enabled wearable devices and cloud-connected monitoring to help its customers drive towards zero safety incidents, improved performance, greater productivity and a stronger ESG profile. I’m thrilled to have found such a strong synergy with Blackline Safety with overlapping values, cultures, growth strategies and commitment to ESG policies Joining forces with a global market-leading company like Blackline will maximize the reach of our products and services, while ensuring that the nation’s top tech talent remains in Canada—one of the reasons I founded this business.” Lara Swift, founder and CEO of Swift Labs. Slater added, “The acquisition of Swift labs will not only bring us a highly experienced, talented team of IoT professionals, but also a range of monitoring products that will strengthen Blackline’s overall portfolio after integration.” About Blackline Safety Blackline Safety is a technology leader driving innovation in the industrial workforce through IoT. With connected safety devices and predictive analytics, Blackline enables companies to drive towards zero safety incidents and improved operational performance. Blackline provides wearable devices, personal and area gas monitoring, cloud-connected software and data analytics to meet demanding safety challenges and enhance overall productivity for organizations with coverage in more than 100 countries. Armed with cellular and satellite connectivity, Blackline provides a lifeline to tens of thousands of people, having reported over 177 billion data-points and initiated over five million emergency responses.

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SOFTWARE AND TOOLS

KeepTruckin Rebrands as Motive, Launches Automated Operations Platform

KeepTruckin | April 12, 2022

KeepTruckin has changed its name to Motive, underscoring its expanded focus and direction. Alongside its rebrand, Motive has launched the Automated Operations Platform, a combination of IoT hardware and AI-powered applications that connect and automate physical operations. The global middle class has tripled over the last 20 years to more than 1.7 billion people. As incomes rise, so does consumption — more energy, more food, more housing, more manufactured products. More of everything. But it’s not just consumption that’s on the rise. Expectations around quality, reliability, and speed of delivery are higher than ever. This exponential increase in demand combined with continuously rising expectations is placing unprecedented strain on the industries that power the physical economy — agriculture, manufacturing, construction, field services, trucking and logistics, and many more are struggling to keep up. “Almost 50% of global GDP comes from the physical economy,” said Shoaib Makani, CEO of Motive. “And yet, it has been largely ignored by the technology industry.” Founded in 2013, Motive builds technology to improve the safety, productivity, and profitability of physical operations. While its early customers were trucking companies, today Motive serves a broad range of industries across the physical economy. “Changing our name to Motive better reflects the diversity of customers we serve and problems we solve,” said Makani. To address the needs of its expanding customer base, Motive has launched the Automated Operations Platform. The platform combines IoT hardware with AI-powered applications that automate vehicle and equipment tracking, driver safety, compliance, maintenance, spend management, and more. “Our technology provides businesses with real-time visibility into their operations and enables AI-based automation of key workflows. By identifying the risks, problems, and opportunities companies have, and automatically taking actions on behalf of managers, Motive’s applications improve the safety, productivity, and profitability of physical operations.” Jai Ranganathan, Chief Product Officer at Motive. About Motive Motive builds technology to improve the safety, productivity, and profitability of businesses that power the physical economy. The Motive Automated Operations Platform combines IoT hardware with AI-powered applications to automate vehicle and equipment tracking, driver safety, compliance, maintenance, spend management, and more. Motive serves more than 120,000 businesses, across a wide range of industries including trucking and logistics, construction, oil and gas, food and beverage, field service, agriculture, passenger transit, and delivery.

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