Business

Industrial internet of things use cases: The IIoT at sea The industrial “internet of things” has found its way to sea, with connected sensors and unified platforms designed to provide increased visibility for crews. Ships have for some time been equipped with sensors …

Preparing for the Olympics with a smart building Honeywell created what it called the “intelligent system” for the National Stadium in Beijing, China, turning the venue for the opening and closing events at the 2008 Summer Olympics into a “smart building.” …

The smart building: A laundry list of potential benefits Smart buildings are expected to save money in more ways than one might think. Yes, they can significantly reduce energy and operating costs, but there are a number of expected not-so-obvious benefits …

Huawei reported half-year revenue growth of 40% while the European firm saw declining sales in the period Chinese ICT services provider again beat Swedish vendor Ericsson in terms of revenue during the first half of 2016. Huawei reported sales of 245.5 …

Whoever takes over as CEO of Ericsson will have their work cut out for them as the telecom infrastructure vendor faces multiple challenges The board of directors of Ericsson announced yesterday that the company’s CEO Hans Vestberg was to leave his position …

Reducing costs with a smart building Thanks to smart buildings, today’s structures are alive, equipped with technology that allows for automated processes of things that have, for hundreds of years, lived in dormancy. Many older buildings have the capability to …

What is a smart building? A smart building is any structure that uses automated processes to automatically control the building’s operations including heating, ventilation, air conditioning, lighting, security and other systems. A smart building uses sensors, actuators and microchips, in order to …

Vodafone ends June with 52.5M LTE subscribers in 21 markets U.K.-based Vodafone Group recorded 13.37 billion pounds ($17.55 billion) in revenue for its fiscal first quarter ended June 30, a decline of 4.5% compared to the same quarter last year. Group service revenue …

Huawei generated revenue of $36.7B during the period Chinese information and communications technology solutions provider Huawei generated sales of 245.5 billion yuan ($36.7 billion) in the first half of 2016, representing an increase of 40% compared to the same period in 2015, …

CFO Jan Frykhammar to become CEO as search ramps up After 28 years with Swedish telecommunications giant Ericsson, CEO Hans Vestberg, who has held that position for the past seven years, stepped down on July 25, effective immediately, according to the …

Qualcomm this week reported strong quarterly earnings, and CEO Steve Mollenkopf said the chipmaker is poised to be a leader in “5G.” During an earnings presentation, executives explained that revenue for the third quarter, which ended June 26, amounted to …

Amid sweeping changes to its data plan pricing and usage policies, Verizon Wireless is now reportedly going to target users with unlimited data plans who consume an “extraordinary” amount of mobile data. The report first appeared in Droid Life. Citing …

Cable giant Comcast is a bidder in upcoming 600 MHz spectrum auction Comcast continues to make moves that signal a possible future entrance in the mobile carrier space. In the latest, the Philadelphia-based MSO has reportedly created a new mobile …

In reporting financials from its second fiscal quarter, Microsoft got a big boost from its cloud computing business as its Azure platform and service revenue grew 140% year-over-year. “Businesses everywhere are using the Microsoft Cloud as their digital platform to …

The need for an oil and gas solution Oil and gas producers are doing everything they can to grind through a period of historically low per barrel oil prices. The period has stretched on for more than a year now, …

An industry in ‘turmOil’ The oil and gas industry is riding out a violent wave that crashed crude oil prices per barrel to less than $40, down more than 60% from the high of summer 2014. The result is a …

SoftBank’s acquisition of ARM to help accelerate much-needed internet of things standardization The “internet of things” looks to have received a massive vote of confidence as one of the boldest technology investors of the past two decades, Masayoshi Son, agreed …

After Swedish media outlet Svenska Dagbladet reported accusations that Ericsson was inflating revenue figures by recording income before billing clients, the telecom equipment vendor’s stock lost more than 5% of its value. Ericsson has since denied the report, and its stock …

Powertool manufacturer Black & Decker turned to Cisco to provide an “internet of things” solution that increases visibility and decreases complexity in one of the largest tool manufacturing plants in Mexico. If you have partaken in any home or auto do-it-yourself projects, …

Verizon Wireless is ‘following in the footsteps of its rivals’ The U.S. wireless market is currently going through a very competitive streak as carriers look to take customers from rivals with an endless parade of device promotions, price cuts, aggressive marketing …

Last week, Verizon Wireless increased the size and cost of it’s data buckets, immediately prompting social media responses from the CEOs of T-Mobile U.S. and Sprint. Now, T-Mobile US is launching a new promo that couples specific data plans with …

In a move intended to bolster its end-to-end cloud security portfolio, Cisco this week agreed to acquire Massachusetts-based security startup CloudLock for $293 million. CloudLock uses an API-based approach to provide cloud access security broker tech geared toward enterprise-grade security …

Nationwide Sprint small cell roll out permitting and approval process is ‘ahead of expectations’ Amid a stock rally prompted by a recommitment signal from parent company SoftBank, a team of Wells Fargo Securities analysts described a June 24 meeting with Sprint …

SoftBank investment into Sprint ‘not producing cash flow at the moment’ Last week Nikesh Arora, a former Google honcho and up until last week the president and COO of SoftBank, made waves  when he suddenly resigned his post. Arora is set …

Investigation into pay-TV providers TWC, Charter, Dish Network, DirecTV, Comcast and Cox examines billing practices A U.S. Senate hearing this week focused on billing practices for five major pay-TV companies serving some 71 million subscribers. Senators honed in on overcharges …