What You Missed in The IoT: Week of 4/9
The Industries and Players Behind The Activity
Active Areas in Harbor’s Smart Systems Taxonomy:
Key Players Covered:
Smart Systems Taxonomy: Healthcare
What It Is: General Electric Co’s healthcare unit announced on Monday, April 2nd it would sell its IT business to private equity firm Veritas Capital for $1.05 billion in cash.
Why This Matters: This is one of the first moves by the new CEO John Flannery intended to slim down and focus the business. Overall, GE is planning to exit around $20 billion worth of business in an effort to refocus the struggling manufacturer.
Smart Systems Taxonomy: Buildings
What it is: Schneider Electric announced the next generation of EcoStruxure Building, an open innovation platform for buildings.
Why it matters: EcoStruxure Building’s open, end-to-end IP architecture enables quick, connectivity of IoT devices for faster commissioning and changes. Further, the suite provides edge control and collaboration between building systems and third-party systems and devices.
What It Is: The tire maker’s new digital tire monitoring platform, ContiConnect, reportedly using Vodafone’s IoT SIM technology, is designed to collect tire pressure data for commercial vehicle fleets every time the trucks return to the fleet terminal.
Why It Matters: Continental has been a pioneer of shifting their business model to align with new IoT technology. A few years ago they began a pay-per-mile model where drivers could pay based on usage for their tires rather than buy them upfront. This allows Continental to use IoT tech to both maintain a constant relationship with their customers as well as provide guidance and feedback to future product development.
What It Is: One of the USA’s leading providers of traffic signal control technology, Trafficware, and SWIM.AI, a Silicon Valley edge-intelligence software developer, have launched TidalWave, a live streaming traffic information service powered by machine-learning and edge computing.
Why It Matters: We’re seeing an upswing in momentum in the last few months of traffic technology providers partnering with startups and carmakers to relay real-time traffic patterns in order to more precisely divert traffic. What we aren’t seeing is a lot of city involvement in these joint initiatives, meaning that the companies may feel they can move faster without trying to involve local governments.
What it is: Johnson Controls has acquired Smartvue, an IoT and video provider that enables cloud video surveillance and IoT video services in the buildings, facilities, and homes space.
Why it Matters: Video analytics is becoming an increasing area of interest from manufacturers and services providers to deliver new insights from multiple cameras. Johnson Controls’ coverage across multiple buildings environments including retail stores, residential apartments, and commercial offices, allows for new video-analytics services to improve customers’ operations.
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