Author: IOT News Asia

With the focus on smart home emerging technology and development pain point, “Smart Home Asia” has become one of flagship events in Asia. Based on three consecutive successful “Smart Home Asia” events, 4th Smart Home Asia Summit & Mini Expo 2020 is going to open on Feb. 13-14th at Shanghai China. As a sunrise industry, the development of smart home is unstoppable. “Made in China 2025” had specially emphasized on smart equipment and products. In March 2019, the Ministry of Industry and Information Technology, the State Administration of Radio and Television, and the Central Radio and Television General Station jointly…

Samsung SDS, the digital arm of Samsung, and Telensa, a smart street lighting and smart city data provider, announced that they are working together on smart city projects. The two companies are collaborating on smart streetlighting, in which Telensa is the global leader with more than 1.7m lights deployed, and the Urban Data Project – a cloud platform that creates a trust infrastructure for urban data, that enables cities to collect, protect and use their data for the benefit of all citizens. The first collaboration will be in city projects in Korea, with wider deployments following across Asia Pacific and in…

Vodafone announced the findings of its latest IoT Barometer. Surveying 1,758 businesses worldwide, the Barometer finds that more than a third (34%) of businesses now use IoT, that 70% of these adopters have moved beyond pilot stage and 95% of adopters are seeing the benefits of investment in this technology as it moves into the mainstream. While use cases for IoT are varied, ranging from medical exoskeletons to connected tyres, the research has found that IoT impacts businesses regardless of size and sector. Sixty per cent of businesses that use IoT agree that it has either completely disrupted their industry…

By 2021, Artificial Intelligence (AI) will allow the rate of innovation and employee productivity improvements in Singapore to nearly double  according to business leaders in Singapore. The study from Microsoft and IDC Asia/Pacific, Future Ready Business: Assessing Asia Pacific’s Growth Potential Through AI surveyed over 104 business leaders and over 102 workers in Singapore. While more than 80% of business leaders polled agreed that AI is instrumental for their organisation’s competitiveness, only 59% of organisations in Singapore have embarked on their AI journeys. Those organisations that have adopted AI expect it to increase their competitiveness 1.7 times by 2021. “Today,…

Gemalto revealed data that only around half (48%) of businesses can detect if any of their IoT devices suffers a breach. This comes despite companies having an increased focus on IoT security: Spending on protection has grown (from 11% of IoT budget in 2017 to 13% now); Nearly all (90%) believing it is a big consideration for customers; and Almost three times as many now see IoT security as an ethical responsibility (14%), compared to a year ago (4%) With the number of connected devices set to top 20 billion by 2023, businesses must act quickly to ensure their IoT breach…

The Internet of Things (IoT) is a paradigm shift reshaping the way businesses operate. Today, over 8.4 billion ‘things’ are connected, and this is forecast to amount to over 20 billion connected devices by 2020. It can be argued that IoT has now firmly displaced Big Data at the peak of the hype cycle, and for good reason. Fueled by the rapid expansion of internet-connected devices, IoT and operational technology (OT) significantly improve business efficiencies, reduce costs and streamline tasks. For this reason, IoT/OT will continue to have a widespread impact and rapid adoption across multiple industries, including financial services.…

The Internet Society, a global non-profit organization dedicated to ensuring the open development, evolution, and use of the Internet, unveiled today the fifth installment of its APAC survey on Policy Issues. This year’s edition of the annual survey by the Internet Society found that Internet users in Asia-Pacific want security and privacy guarantees for the Internet of Things (IoT) – the rapidly expanding network of devices, physical objects, services and applications that communicate over the Internet. With IoT devices rapidly gaining traction in the region, the majority of respondents indicated they already own IoT devices and have plans to purchase…

Standard Chartered and Huawei announced that they are developing an Internet of Things powered solution that could revolutionise the way corporates communicate with banks for financing or payments. Rather than corporates having to manually initiate these transactions through paper-based or emailed instructions, corporates’ and banks systems will be able to ‘speak’ to each other in real-time, triggering financing or payment instructions through Application Programming Interfaces (APIs). The solution combines IoT and cloud capabilities so the bank will be able to track the movement of goods on a real-time basis, reducing operational risks and providing reliable data that can be used…

A new global research study conducted by the Ponemon Institute on behalf of Aruba, a Hewlett Packard Enterprise company , has found that the majority of IT security teams believe that a key gap in their company’s overall security strategy is their inability to identify attacks that use IoT devices as the point of entry. In fact, more than three-quarters of respondents believe their IoT devices are not secure, with 75 percent stating even simple IoT devices pose a threat. Two-thirds of respondents admitted they have little or no ability to protect their “things” from attacks. The Ponemon Institute study,…

Google Hong Kong released the second edition of the Smarter Digital City Whitepaper. The research, conducted by Ipsos, takes an in-depth look at the progress of consumers’ perceptions of a Smart City and their technology adoption in everyday life; as well as the progress of business digital transformation in the past year. The pace of digitalisation in Hong Kong presents a conundrum. There has been only a slight increase in the Consumer Digital Index (CDI) compared to last year, but a significant leap in the CDI for the 55 – 64 age group. Only 30% of local residents consider Hong…