Telefonica, the multinational telecommunications provider, has launched the first TOF Global Race, a competition aimed at finding great startups that are struggling to succeed. The competition is part of the company’s Open Future innovation platform, which connects entrepreneurs, start-ups, investors and public and private partners from all around the world to invest in projects and […]
Tag Archives: Telefonica
Israel telco giant Bezeq dives into smart city market
Israel’s Bezeq is the latest telecoms company to springboard into the smart city arena off their own internet infrastructure. Fortune says the country’s largest telecommunications company has earmarked millions of dollars for smart city investments. Among Bezeq’s earliest ventures is its pilot program in the city of Modi’in, in between Jerusalem and Tel Aviv. Hundreds of sensors […]
Sigfox invades America; coming to 100 U.S. cities by end of 2016
Sigfox, the French startup that uses a cellular network to connect all thousands of devices together, has announced major expansion plans for the United States. The company plans to work with “strategic site owners” to ensure the Internet of Things (IoT) deployment goes smooth. The partnership gives Sigfox access to 230,000 tower, rooftop, and billboard […]
IoT revenues up 15%; cloud computing a big driver
A new report shows healthy revenues for 21 benchmarked Internet of Things (IoT) companies in the last quarter of 2015, with revenue growing by almost 15% to levels approaching $7 billion. Cloud computing and IT infrastructure are especially potent drivers of IoT revenues, as vendors help companies cope with ever increasing rivers of data. In […]
IoT startups a hot commodity for acquisition-hungry IT giants
Huge technology companies are gobbling up startups focused on the Internet of Things (IoT) at a dizzying rate, charting more than $31 billion in IoT-related acquisitions and investments between 2011 and 2015. An article by ARN reports that data from Ovum’s IoT Investments Tracker showed tech firms spent $31 billion on 76 deals in eight sectors […]