Using IoT to solve the problems of the freight industry

Honeywell last week announced a new “Connected Freight” solution that gives shippers and logistics companies unprecedented ability to monitor shipments of high-value and perishable goods, helping prevent costly damage and loss. The new solution, developed in collaboration with Intel and third-party logistics companies, provides real-time information about the location and condition of critical freight while in […]

smart cities

Honeywell bets big on India’s smart city growth

American technology giant Honeywell is boosting its focus on the growing smart cities segment in India. The Times of India recently featured comments by Honeywell executives that highlighted India’s increasing role in the N.J.-based company’s future strategy. Specifically, India is a prime target for Honeywell’s newly formed Home and Building Technologies (HBT) division. The HBT […]

Honeywell pumps up energy IIoT with new partnership

Honeywell is enhancing its Industrial Internet of Things (IIoT) capabilities in oil and gas through a collaboration with Aereon. According to Penn Energy, N.J.-based Honeywell is partnering with Aereon, an air emissions firm for the oil and gas sector. The collaboration will bolster Honeywell’s IIoT ecosystem to better allow such initiatives as its Connected Plant […]

Lux Research asks: Just how valuable is that patent?

According to Lux Research, investors have invested $4.3 billion into the development of sensors over the past ten years.  However it’s the pattern of the 28,927 sensor patents that were given since 1975 that actually unveils the value and potential of these patents. Lux Research studied patent trends for five kinds of sensors.  These included […]

china-iot

China IIoT efforts will dominate global market: Economist

China is well positioned to become a global leader in the Industrial Internet of Things (IIoT) market, as industrial use of connected devices eclipses consumer gadgets. A recent article by the Economist magazine extolled the virtues of China that positions it to capture a significant share of the global IIoT marketplace. It says China’s current role […]

cities

Smart cities market to double to $1.4 trillion by 2020

According to a recently published report by Grand View Research, the global smart cities market will hit $1.4 trillion in 2020, nearly triple the global market size of $568 billion back in 2013. The main factors leading to this increase are the rapidly expanding population, speedy urbanization and industrialization.  Smart cities are designed and built to cater to a […]