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A recent report from the Ministry of Communications and Information Technology, King Abdullah University of Science and Technology, and consultancy firm Hello Tomorrow highlights the rapid growth of deep tech startups in Saudi Arabia, with 50% of these startups focusing on AI and IoT.
Karamba Security , an Israel-based security startup that focuses on the IoT and automotive industry, today announced a $10 million extension to its $12 million Series B round from 2017. This round brings the company’s total funding to $27 million. ” Karamba Security’s XGuard.
Zigbang , a South Korean proptech startup that provides real estate transactions service, announced on Thursday that it will acquire Samsung SDS’ home internet of things (IoT) unit to make a foray into the smart home industry. . The deal size is estimated at $85 million (100 billion KRW), based on media reports. . It reached a $574.2
It’s a testament to the defense capabilities that this service provider had in place to defend against an attack of this nature that no outages were reported because of this,” Morales wrote. IoT-initiated attacks like this one, he says, are smaller in scale and less potent than traditional DDoS attacks.
Customers demand—and suppliers offer—a diverse mix of monetization models for Software and Digital Services related to IoT Devices. Approximately a third (34%) of respondents in this year’s annual software and IoT monetization survey still rely on homegrown solutions. Fast innovation (SaaS, IoT, etc.)
At the same time internet of things (IoT) devices and embedded software are becoming more complex, manufacturers are looking for ways to effectively manage the increasing volume of edge hardware. According to Statista, the number of consumer edge-enabled IoT devices is forecast to grow to almost 6.5 million cash infusion in April 2021.
The Internet of Things (IoT) is a permanent fixture for consumers and enterprises as the world becomes more and more interconnected. By 2027, the global number of connected IoT devices is projected to exceed 29 billion, a significant increase from the 16.7 billion devices reported in 2023.
Infogrid , an IoT startup which can retrofit an existing building to make it “smart”, has raised $15.5 Infogrid also has an “impact-style” mission to enable businesses to reduce the environmental and social cost of their buildings while simultaneously benefitting their bottom line and asset values.
The Internet of Things (IoT) is a system of interrelated devices that have unique identifiers and can autonomously transfer data over a network. IoT ecosystems consist of internet-enabled smart devices that have integrated sensors, processors, and communication hardware to capture, analyze, and send data from their immediate environments.
A new report from Endeavor Nigeria reveals that Africa’s digital economy and tech ecosystem is set to experience exponential growth periods. The report is dubbed “The Inflection Point: Africa’s Digital Economy is Poised to Take Off.”. The organization’s report intends to shed more light on Africa’s market dynamics.
AI deployment will also allow for enhanced productivity and increased span of control by automating and scheduling tasks, reporting and performance monitoring for the remaining workforce which allows remaining managers to focus on more strategic, scalable and value-added activities.”
Throughout 2024, China-nexus adversaries demonstrated increasingly bold targeting, stealthier tactics, and more specialized operations, CrowdStrike stated in its 2025 Global Threat Report. PlugX, aka Korplug, is one of the oldest remote access trojans used by China-linked cyber espionage groups, with original versions dating back to 2008.
But it’s very different when the business leaders they report to are shown the concrete business problems that arise as a result of shortages of staff in the IT department. A new IDC report delivers those details. And the situation is not expected to get any better,” according to the report.
At the end of the day, it’s all about patient outcomes and how to improve the delivery of care, so this kind of IoT adoption in healthcare brings opportunities that can be life-changing, as well as simply being operationally sound. Why Medical IoT Devices Are at Risk There are a number of reasons why medical IoT devices are at risk.
The just-released ThreatLabz 2025 AI Security Report examines the intersection of enterprise AI usage and security, drawing insights from 536.5 The report reveals how enterprises worldwide and across industries are using and managing AI/ML tools, highlighting both their benefits and security concerns.
Adopting Internet of Things (IoT) tech for the office isn’t easy — especially at enterprise scale. Companies have IoT device administration to worry about, and also building out the infrastructure necessary to keep those devices connected and operational. We’re able to customize any.
5 questions to ask before buying an IOT device. I should be able to generate a report on that. Thoughtful change is needed, experts say, as regulations on IoT manufacturers might not be effective amid enforcement challenges. “ IoT are the computers you don’t realize you’re using every day.”—Stephen
En route to one of those plants in Missouri, Kietermeyer explained to CIO.com that the combination IoT and edge platform, sensors, and edge analytics rules engine have been successfully employed to address pressure and temperature anomalies and the valve hardware issues that can occur in the diaper-making process.
Throughout 2024, China-nexus adversaries demonstrated increasingly bold targeting, stealthier tactics, and more specialized operations, CrowdStrike stated in its 2025 Global Threat Report. PlugX, aka Korplug, is one of the oldest remote access trojans used by China-linked cyber espionage groups, with original versions dating back to 2008.
Similarly, a general dearth of data science talent in the market is creating space for tools like Canvas, which “is going all in with a spreadsheet-like interface for non-technical teams to access the information they need without bothering data teams,” TechCrunch reports. Samsara recently went public on the back of its IoT business.
These include older systems (like underwriting, claims processing and billing) as well as newer streams (like telematics, IoT devices and external APIs). Finally, refine and aggregate the clean data into insights that directly support key insurance functions like underwriting, risk analysis and regulatory reporting.
The IPO market is healthy again, but M&A still represents 88% of exits: So far this year, there were 503 IPOs and 5,203 deals, according to the CB Insights Q2 2021 State of Venture Report. After the SEC announced in early April that it was considering new guidance on SPAC IPOs, the rate of new SPAC issuances fell by around 90%.
Armis is one of a handful of companies that plays in the industrial security — also called operational technology security — and IoT security spaces. It was just in February when the San Francisco-based company raised $110 million led by Sequoia Capital and Benchmark at a reported valuation of nearly $1 billion. billion valuation.
” Infogrid’s platform, powered by AI, gathers and analyzes data from internet of things (IoT) sensors to help property managers and owners optimize the performance of their various buildings — at least in theory. The growing number of competitors coincides with an uptick in VC investments in IoT companies.
Additionally, nuclear power companies and energy infrastructure firms are hiring to optimize and secure energy systems, while smart city developers need IoT and AI specialists to build sustainable and connected urban environments, Breckenridge explains.
A sample report from Kraftful Analytics’ dashboard ( Screenshot: Kraftful). At its core, Kraftful Analytics makes it easier, then to track IoT-specific metrics, like how users connect a device, their user journey, and to determine the appropriate session duration and stickiness for a product using industry benchmarks.
As the number of IoT devices deployed globally continues to rise, cyber-physical systems and business operations are exposed to greater risk. Not only do IoT devices introduce more entry points for potential attackers, but many of these devices are often overlooked by traditional security efforts.
The acquisition, which was reported in under-the-radar filings with the Federal Communications Commission, marks a sharp departure from the launch giant’s established strategy of internally developing its tech. If the transaction is approved, the startup would become a “direct wholly-owned subsidiary” of the larger company.
In February 2010, The Economist published a report called “ Data, data everywhere.” In that Economist report, I spoke about society entering an “Industrial Revolution of Data,” which kicked off with the excitement around Big Data and continues into our current era of data-driven AI.
That’s according to CompTIA’s “ State of Cybersecurity 2025 ” report, based on a survey of almost 1,200 business and IT pros in North America and in parts of Europe and Asia. Hint: They’re fairly recent concerns. It’s closely followed by the ever growing variety of cyberattacks; and by the intensifying urgency to protect data.
Citizens can report incidents, submit multimedia evidence, and track police responses in real-timeall with just a few taps. Low transparency: Citizens had no way to track the progress of their reports, leading to a lack of trust in the system. One of the standout features is the integration of AI.
One such combination of technologies is Machine Learning in IoT (or Internet of Things) which has surely changed the way we perceive and interact with our surroundings. What is IoT or Internet of Things? As the name suggests, IoT is a technology that connects inanimate objects virtually to perform a variety of tasks at hand.
Fintech reporter Ryan Lawler interviewed Lin, Intuit CEO Sasan Goodarzi, Credit Karma’s chief people officer Colleen McCreary and other executives to learn about how they weathered COVID-19 and divestment while simultaneously crafting a new management structure. Samsara could become a decacorn in upcoming IoT-themed IPO.
billion internet of things (IoT) devices in use. IoT devices range from connected blood pressure monitors to industrial temperature sensors, and they’re indispensable. In 2015, there were approximately 3.5 Today, the number stands around 35 billion, and is expected to eclipse 75 billion by 2025. Last year saw a record $21.8
For starters, services like these are, perhaps, one of the first real anchors of a viable business model around the world of IoT — a long-anticipated market that has failed to come good on returns up to now. In terms of the wider industrial market, the funding and Augury’s growth are coming at a key moment.
Those risks include smart TV makers themselves, according to a 2018 study by Consumer Reports. 5 questions to ask before buying an IOT device. “I recommend that people segment their networks, so create a separate network for their TV and IoT devices.” Caveat emptor.). Time for a Department of the Internet of Things?
Talking about generative AI and insurance, Astorya.vc’s founding partner, Florian Graillot, reported seeing a lot of enthusiasm around that topic. As parametric insurance becomes a reality, which areas of insurance do you see extracting the most value from IoT applications? We are clearly in the early days, whatever the industry!”
They are playing out across industries with the help of edge computing, Internet of Things (IoT) devices and an innovative approach known as Business Outcomes-as-a-Service. [1] Already, Atos customers have reported positive experiences. Imagine a factory or a chain of retailers reducing energy and cutting equipment downtime.
Next-Generation Security — What We’ve Learned The adoption of 5G technology has presented new security risks, given the increased attack surface from cellular IoT and OT devices and new threat vectors as cloud and AI adoption surges.
In the years since Airbnb and its competitors have launched, there have been dozens of reports of hosts using hidden cameras to spy on their guests. Countless security researchers have shown IoT cameras and voice-activated devices to be troubled by exploitable security flaws.
In its S-1 , ForgeRock reported that as of June 30, its annual recurring revenue (ARR) was $155 million, representing 30% year-over-year growth. . While revenue is growing, losses are narrowing as the company reported a $20 million net loss down from $36 million a year ago. In March, Okta acquired cloud identity startup Auth0 for $6.5
Grange’s team, which worked with Akamai Technologies on the report, discovered that at least 4 million Wi-Fi routers around the world employ an old Universal Plug and Play, or UPnP, configuration that “listens” to the Internet for commands. Secret to safer IoT is smarter Wi-Fi, hacker Caezar says (Q&A).
In the years since Airbnb and its competitors have launched, there have been dozens of reports of hosts using hidden cameras to spy on their guests. Countless security researchers have shown IoT cameras and voice-activated devices to be troubled by exploitable security flaws.
Enterprise security teams face serious hurdles to safeguarding their critical OT/IoT infrastructure, including fragmented visibility, unanticipated risks and data silos. As if that wasn’t enough, CISOs are inheriting the responsibility to protect the entire cyberattack surface, which includes business-critical OT/IoT devices.
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