Brown & Company was awarded the Sri Lanka Technology Excellence Award for IoT – Energy for its iGen G500 generator monitoring solution. The IoT-based device enables real-time monitoring, predictive maintenance, and remote control for generators, offering improved efficiency, reliability, and cost savings. It’s marketed by Browns Power Solutions.
The IoT market is rapidly expanding, with projections reaching $1.06 trillion by 2025. In Pakistan, Zong 4G is leading IoT adoption across sectors like banking, transportation, and utilities. The expansion of 4G and upcoming 5G rollout will further accelerate IoT integration, enhancing business efficiency and enabling smart city development.
U-blox has transferred its cellular IoT module business to Trasna, enabling Trasna to enhance its IoT connectivity solutions. The deal includes intellectual property, workforce, and product portfolio, positioning Trasna as a comprehensive IoT solutions provider. This strategic move allows u-blox to focus on its core GNSS business.
SAFE and iot squared have signed an MoU to collaborate on secure IoT solutions in Saudi Arabia. The partnership focuses on developing new security technologies, including SaaS offerings, and integrating advanced security solutions like PSIM software and video surveillance, contributing to the growth of the IoT infrastructure and security sectors.
Capestone, a division of OptConnect, has acquired Next Era, a French distributor specializing in 4G/5G and critical communications, expanding its presence in the EMEA region. This acquisition enhances Capestone’s IoT and 5G solutions, providing access to new growth opportunities in the fast-evolving 5G and IoT marketplace.
InfraX has partnered with Zoho Corp to accelerate digital transformation in UAE enterprises through innovative IoT solutions. Announced at Gitex Global 2024, this collaboration will leverage a low-code IoT platform to deliver tailored solutions, enhancing operational efficiency, sustainability, and customer experiences across various business verticals.
