WiTTRA Networks has announced a strategic partnership with LORIOT to deliver reliable and secure IoT solutions to clients worldwide. The partnership combines LORIOT’s distributed hybrid infrastructure and software platform with WiTTRA Networks’ expertise in IoT solutions to deliver scalable and comprehensive IoT solutions to clients across various industries.
Unikie is showcasing a new form of high technology for enabling smart spaces during CES 2023. Every year, millions in value are lost in business environments, retail outlets and warehouses. In addition, sales and retail data is reliant on sales, inventory and manual reporting, making it a hindsight view on business. Unikie is solving this issue and enabling real time awareness by introducing a technology that uses low-energy Bluetooth. It is a new way to create an environment where Bluetooth tags and connectivity bring intelligence to spaces, such as retail stores, warehouses and manufacturing floors.
Milestone Systems delivered significant and satisfactory financial results in 2018. The Group’s net revenue increased to DKK 934 million from DKK 881 million in 2017, while the operating income (EBIT) grew to DKK 195 million from DKK 171 million. In 2018, Milestone Systems made strategic investments in several areas. The company also decided to accelerate innovation by increasing its development capacity by 45 percent by the end of 2019.
Nice S.p.A. announces continued expansion into the smart home category with the acquisition of FIBARO®, a leading brand in the global smart home market. The transaction, which was public as of Friday, July 13 is valued at €63 million/$73 million US and includes the entire share capital of Fibar Group S.A. including its US subsidiary. Founded in 2010, FIBARO has established itself on 6 continents and in over 100 countries as one of the most advanced wireless systems for the smart home.