INDUSTRIAL IOT

Magix Applied Considering AI Application for IoT Systems

SPYR Inc | April 13, 2022

Magix_Applied_Considering
SPYR Inc., dba SPYR Technologies, a technology company whose subsidiary, Applied Magix, Inc., develops and resells Apple ecosystem compatible products in the multibillion-dollar smart home and connected car markets, announced that Applied Magix is looking into AI applications for its products.

While the public perception of AI is that robots and supercomputers are out to take over the world, the reality inside the area of IoT looks to be a lot more mundane on the surface. It entails the use of artificial intelligence (AI) decision-making systems to govern and ‘decide’ on behaviors in our environment.

“As part of our Secret Lab initiatives, AI frequently comes to the forefront of product development and how to make smart hardware even smarter. For example, various sensors track a number of conditions around your house, but when processed by an AI system, analysis of those conditions can be used to trigger actions that increase security or save you money in the long run,” said Applied Magix CEO Dr. Harald Zink.

“AI is a fascinating field that is fast growing and shows a tremendous amount of promise to make our lives easier in an enriching way,” states Tim Matula, chief executive officer of SPYR Technologies. “It’s exciting to get updates on what Applied Magix’s Secret Lab is exploring and working on and will hopefully be finding its way into our homes at some point in the future.”

Spotlight

The true value in the Internet of Things is realized when most devices, both old and new, are connected to the cloud and their data is collectively analyzed, revealing actionable insights that can transform business. However, a significant challenge is that many legacy and existing devices, which make up 85 percent of all devices, are isolated and unconnected. New solutions are needed to get them securely connected since waiting for a full refresh of infrastructure to reap the benefits of IoT is impractical. Many legacy devices, especially those used in commercial and industrial applications, tend to have long life spans. As a result, it is not always possible or economically feasible to upgrade a large number of embedded devices to enable them to communicate with the cloud.


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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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INDUSTRIAL 4.0

Culvert IoT Announces SpaceTrace - a Ground-breaking Rapid Deployment, to Improve the Safety and Efficiency of Industrial Workplaces

Culvert IoT | January 10, 2022

Culvert IoT Corporation, a hardware skunkworks to many of Silicon Valley’s leading technology companies, today announced the launch of SpaceTrace, a turnkey solution to enable rapid development and deployment of location awareness solutions for Industry 4.0. Culvert IoT SpaceTrace is a family of products that provide simple-to-deploy location awareness solutions that brings the best of Bluetooth Low Energy, Ultra-Wide Band and Low Power Cellular together in a “pick and mix” assortment of Tags, Trackers and Bridges which can be combined to build specific applications for enterprises. The challenge facing industry today is that no two asset tracking applications are the same. This means enterprises face an uphill battle in terms of costs and time in order to implement intelligent applications which improve safety or efficiencies through enabling people, products and machines to be aware of their individual proximity to each other. SpaceTrace’s low power Tags and Trackers offer unparalleled location accuracy using UWB, BLE, WiFi, and LTE Cell ID, and leverage u-blox’s Thingstream IoT Communication-as-a-Service platform to convey this location information seamlessly to the cloud from anywhere in the world. SpaceTrace enables the augmentation of workspaces with location-aware information to build applications such as preventing workers from entering unsafe areas or getting too close to machinery as well as providing the right documentation instantaneously when inspecting machines or sites and providing workflow analysis. SpaceTrace also supports AR integration to help develop new types of mobile applications, allowing customers to superimpose digital content over the world around them. About Culvert IoT A hardware skunkworks to many of the valley’s leading technology companies, Culvert IoT Corporation builds on decades of experience designing large-scale logistics IoT for mission-critical applications. In the consumer realm, the company has been a hardware design partner for Google X among others and is currently developing its own line of products, including SpaceTrace.

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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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THEORY AND STRATEGY

Versatile Chooses Elevāt Machine Connect to Provide Advanced Agricultural Mobile Machine IoT Solution

VERSATILE | May 25, 2022

Today, Elevāt, a leading global IoT connected machines SaaS innovator, announced that Versatile, a division of Buhler Industries, Inc. (TSX: BUI), deployed the Elevāt Machine Connect platform across its entire tractor line for Model Year 2022. Since starting tractor production in 1966, Versatile has remained a leader for articulating four-wheel drive tractors. We manufacture all our tractors in our factory in Winnipeg, Manitoba. As the only Canadian agricultural tractor manufacturer, we pride ourselves on our leadership in manufacturing, assembly, and research and development," says Erron Leafloor, Versatile. "When we decided to integrate IoT telematics software, sensors, and gateways into our tractors, we wanted to ensure the solution we implemented provided a seamless experience for our entire dealer network and our customers. We chose to work with Elevāt because of their willingness and ability to tailor their solution and the portal to our unique requirements. We have just begun to deploy the CBX system by Elevāt in our tractors; our dealers and end users are already excited about the benefits," continues Leafloor. The team at Versatile came to Elevāt looking for a solution that would support remote diagnostics, predictive maintenance and deliver capabilities like over-the-air (OTA) updates, geofencing and geotracking, and proactive telematics reports. Also, advanced features like virtual technician support and command and control supported Versatile's dedication to advanced innovation. They also wanted a fully white-labeled portal experience that aligned with the Versatile brand and delivered a customer experience that supported Versatile's long-held commitment to customer service." Adam Livesay, Co-Founder and Chief Revenue Officer, Elevāt. ABOUT VERSATILE Versatile, a division of Buhler Industries Inc. (TSX: BUI), is the only Canadian manufacturer of agricultural tractors. The factory in Winnipeg, Manitoba covers almost 700,000 square feet with complete manufacturing and assembly capabilities and full research and development facilities. ABOUT ELEVĀT Elevāt's sensor-driven, cloud-connected, AI-enabled SaaS platform is helping equipment manufacturers, owners and users discover the hidden value of their machines while simultaneously enabling new revenue streams.

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Spotlight

The true value in the Internet of Things is realized when most devices, both old and new, are connected to the cloud and their data is collectively analyzed, revealing actionable insights that can transform business. However, a significant challenge is that many legacy and existing devices, which make up 85 percent of all devices, are isolated and unconnected. New solutions are needed to get them securely connected since waiting for a full refresh of infrastructure to reap the benefits of IoT is impractical. Many legacy devices, especially those used in commercial and industrial applications, tend to have long life spans. As a result, it is not always possible or economically feasible to upgrade a large number of embedded devices to enable them to communicate with the cloud.

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