The Centre for Process Innovation (CPI), a UK-based technology innovation centre, announced the start of a new project to address the manufacturing challenges and exploit the commercial opportunities offered to industry by the ‘internet of things’ (IoT), a market predicted to be worth an estimated $253bn by 2021. The European Regional Development Fund has announced £2.6 million of funding for CPI to establish and run a new national technology centre in County Durham.
Identiv, Inc., a physical security and secure identification provider based in Fremont, California, announced the launch of the next generation of its uTrust Sense Temperature Tracker, a low-cost, portable, powered smart sensor that tracks and stores temperature readings. In addition to its low cost and small form factor, it can be read by any near field communication (NFC) reader, such as a mobile phone, and uploaded to the Internet for analytic purposes.
Qorvo, a leading provider of innovative RF solutions based in Greensboro (NC), USA, introduced a complete system on chip (SoC) for smart home devices that is reported to deliver multi-protocol support with best-in-class power consumption. More than 600M smart home devices are expected to ship annually by 2021, compared with 40M in 2015. Qorvo reassures consumers that devices built with its solutions will connect with future products in their home, helping to accelerate the smart home market.