IoT

BlackBerry Targets Profit Boost Through Cost-Cutting Measures

BlackBerry has announced plans to increase its annual profit by an additional $100 million as it implements cost reduction strategies, including workforce reductions, within...

European Organizations Set to Invest $260 bn in IoT Solutions in 2024: IDC

European organizations are gearing up to invest an estimated $260 billion in Internet of Things (IoT)-related solutions in the year 2024, IDC report said. According...

Vodafone and Microsoft Forge 10-Year Partnership for Digital Transformation

Vodafone and Microsoft have revealed a 10-year strategic collaboration aimed at leveraging their respective strengths to deliver scaled digital platforms to over 300 million...

BlackBerry Names John Giamatteo as CEO, Nixes IPO for IoT Business

BlackBerry, a tech company in Canada, made significant announcements on Monday, reshaping its strategic trajectory and leadership. The firm disclosed the appointment of John Giamatteo,...

Fleet Management Systems in Europe Set to Surpass 26 mn Units: Berg Insight Report

A recent report by IoT analyst firm Berg Insight reveals a significant surge in the deployment of active fleet management systems across commercial vehicle...

Siemens, Intel deal for Sustainable Semiconductor Manufacturing

Siemens AG and Intel Corporation have formalized a memorandum of understanding (MoU) to advance digitalization and sustainability in microelectronics manufacturing. This collaboration, focusing on evolving...

App-based solutions signal crucial shift in connected safety market

The market for connected safety solutions, especially lone worker protection in Europe and North America, is on the rise, according to a recent report...

BlackBerry to Split IoT and Cybersecurity Business Units Despite Their Small Size

Canadian technology company BlackBerry revealed on Wednesday its plans to divide its business units into separate entities, focusing on Internet of Things (IoT) and...