The worldwide smart home devices market is expected to grow 31% year over year in 2018 to 643.9 million shipments, according to the International Data Corporation (IDC) Worldwide Quarterly Smart Home Device Tracker. The entire smart home market, comprised of smart speakers, video entertainment products, connected lighting, smart thermostats, and home monitoring/security products, is forecast to be nearly 1.3 billion devices by 2022 with a five-year compound annual growth rate (CAGR) of 20.8%. The fastest growing category with a five-year CAGR of 39.1%, accounting for almost 100 million units in 2018 and 230.5 million by 2022, will be smart speakers such…
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UiPath, an Enterprise Robotic Process Automation (RPA) software company, has closed its series C funding raising $225 million at a valuation of $3 billion. The round was co-led by existing investor CapitalG and new investor Sequoia Capital Accel, which led both UiPath Series A and B rounds also participated in this round. UiPath is likely to be the fastest growing enterprise software company in history. The company announced in early July that it had increased its annual recurring revenue from $1M to $100M – a feat which it believes no other enterprise subscription software business has accomplished in such a short time. UiPath counts more…
Ambi Labs, the makers of a smart AI-enabled air-conditioner (AC) control, Ambi Climate, announces its newest feature: Multi-User Geolocation. Basically, the Multi-user Geolocation feature eliminates hassle and worries. Homeowners with Ambi Climate devices can now come home and automatically have the perfect AC settings. They can also go out without worrying about whether they or the next person who leaves the house will turn off the AC or not. Ambi Climate’s geolocation features allow automatic switching on and off one’s AC based on the location of the owner’s phone relative to the location of the device. With the correct set…
NEXT Future Transportation, the world’s only modular electric vehicle solutions provider, announced a groundbreaking automated logistics solution for Smart and Connected Cities: NEXT is proud to announce the introduction of its fully automated multiservice ‘online-to-offline’ (O2O) platform, including a modular vehicle solution and the supporting operating system required to bring an ecosystem of logistics services to market at scale. “To date, NEXT has entirely focused on creating innovative solutions for the municipal mass transportation market. Today NEXT enters the global USD $2.3 trillion e-commerce market, which is driving a rapid transformation of the traditional retail supply chain,” said Emmanuele Spera,…
DNV GL has launched a digital hub in Singapore as part of the transformation of the oil and gas, maritime and energy industries toward digitalization, including increased cyber security and smart infrastructure. The new Singapore hub is called Digital Consulting and Smart Cities, and will include three teams covering smart cities, cyber security, and digital development – including support for DNV GL’s open industry platform Veracity. The digital hub, part of DNV GL – Digital Solutions, is set up to work closely with local and regional authorities and industry players to improve the performance of assets and infrastructure and to…
NEXT Biometrics a fingerprint sensor technology, specialist announced hat it has received initial orders for its “Scallop” fingerprint readers for use in India’s Aadhaar government ID program. At the same time, NEXT announced its intention to create a subsidiary in India and has also made key additions to the sales organization in the country. The orders for fingerprint readers come just two months after NEXT received certification from India’s Standardization Testing and Quality CertificationDirectorate to sell products for use in the Aadhaar program. The fingerprint readers are sold through NEXT’s distribution partner, AqTronics Technologies. As previously stated, NEXT’s product plans call…
LINE’s consolidated subsidiary Gatebox Inc. has begun to take orders for the latest model of Gatebox, the world’s first “virtual home robot” that allows owners to live together and interact with a virtual character. The Gatebox uses the latest in projection and sensing technologies to create the interactive virtual character. A limited-run model (the GTBX-1) of only 300 units went on sale in 2016 and sold out in just one month, despite costing approximately JPY300,000 (about SGD3,650). When an addition run of 39 units went on sale in 2017, the company received some 1,000 orders. Since then, many people have asked…
IDC Thailand named Khon Kaen and Phuket cities as the most outstanding smart city projects in Asia Pacific excluding Japan (APeJ) for the 2018 IDC Smart City Asia Pacific Awards (SCAPA). The winning projects, Kohn Kaen Smart Health and Phuket Smart Tourism and Living Communities won under the “Public Health and Social Services” and “Tourism, Arts, Libraries, Culture and Open Spaces” categories. Thailand’s Phuket and Khon Kean cities are 19 out of 148 most outstanding smart city projects in Asia Pacific (excluding Japan) that are initiated by Digital Economy Promotion Agency (DEPA). Both the winning projects illustrated the best practice…
TabSquare, the front-end automated solutions provider for the F&B industry have officially unveiled the brand new AI-Powered Kiosks at the Hokkaido-Ya Restaurant in VivoCity, Singapore. With the soft launch that took place on June 14th, 2018, Hokkaido-Ya is Singapore’s first fast-casual, self-service restaurant to implement TabSquare’s Artificial Intelligence (AI)-enabled self-ordering kiosks while employing the quintessential Japanese competence through advanced, state of the art technology. This historical moment will mark a new beginning in technological advancement for the nation’s food and beverage industry as it will be the first-ever kiosk restaurant in Singapore. The kiosks are powered by TabSquare’s advanced artificial…
Toll Group, the Asia Pacific region ’s provider of transport and logistics, and part of Japan Post, officially opens Toll City – a S$228 million, next-generation logistics hub, spanning over one million square feet – the size of 15 football fields. Strategically located in Tuas, Singapore, the opening of Toll City is expected to increase Toll’s Asian network and traffic, while its proximity to road links into Malaysia and the growing Jurong region in the West of Singapore will make the facility an excellent land-sea interface for customers. Toll City, supported by the Singapore Economic Development Board, is well-poised to…