Global fleet management market to hit $16bn by 2025

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verizon fleet management

According to a new report by Grand View Research, the value of the global Internet of Things (IoT) fleet management market is predicted to hit $ 16.86 billion by 2025 – at a compound annual growth rate (CAGR) of 20.8 percent.

Fleet management covers a range of systems and tools, with each sharing the aim of improving productivity and keeping both customers and company accountants happy. Many of these tools rely on IoT technologies, connecting vehicle-specific data to a central platform for tracking and analysis.

Read more: Feeling the chill: Bringing IoT to cold chain logistics in retail

The advantages of deploying fleet management solutions are becoming clear to logistics companies, and to any business with a highly mobile workforce. Benefits range from using GPS tracking to pinpoint where employees are at a given moment, to route optimisation, remote diagnostics, automated administration, and improved driver safety.

But arguably the biggest benefits lie in fleet analytics, especially for companies that have highly mobile workforces. With enough source data, usage patterns begin to emerge. This means that driver performance can be correlated with working hours, for example, and vehicle maintenance can become proactive rather than reactive.

The result is a double win: fleet operators can increase operational efficiency at the same time as reducing expenses.

Some of the sector’s biggest players have vast business experience in connectivity and transport, such as Verizon and TomTom, respectively.

Read more: Verizon launches connected vehicle management firm

Key findings from the fleet management market report

The Grand View Research report hinges on connectivity. For fleet management systems to offer benefits in real time, wireless connectivity and a supporting infrastructure are obvious essentials. This is why the technology has been adopted in Europe and North America faster and more widely than anywhere else, says the report.

It predicts that regional markets where connectivity is already established will continue to grow steadily in the coming years.

However, it is expected that countries with booming ecommerce markets, such as India and China, will also see a spike in fleet management adoption, as authorities and businesses develop more efficient transport and delivery systems. As a result, the report pinpoints the Asia Pacific IoT fleet management market as the most promising region over the forecast period.

Aside from geographical variations, the report suggests that, within the sector, device management – covering sensors, smart tags, and mobile devices – will be the fastest-growing hotspot, with a CAGR of 21.7 percent.

Read more: LeasePlan and TomTom partner on connected fleet management

Internet of Business says

The IoT’s smart mix of connected assets, dashboard management, and usage data is proving to have countless applications in business, of which fleet management is just one. But with most existing vehicles fast depreciating in value – a problem that may be solved in the long run by the on-demand use of autonomous vehicles – and with fleets being expensive to run, fuel, and insure, IoT insights could prove invaluable, not just on companies’ bottom lines, but also in terms of minimising the environmental impact.

The post Global fleet management market to hit $ 16bn by 2025 appeared first on Internet of Business.

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Smart cities market value to hit $2 trillion by 2025, says Frost & Sullivan

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The overall market value for smart cities will surpass $ 2 trillion by 2025, according to Frost & Sullivan – with artificial intelligence (AI) at the heart of it.

The analyst firm believes AI, alongside personalised healthcare, robotics, advanced driver assistance systems and distributed energy generation will be among the cornerstone technologies of future smart cities.

With more than 80% of the population in developed countries expected to live in cities by 2050, now is the time to act. According to a study from Counterpoint Research, which this publication examined earlier this week, there will be more than 125 million connected vehicles shipped by 2022.

The convergence of technologies – such as smart cars integrating with smart traffic lights – will be an important factor, but getting citizens engaged will also be key. Last month, Gartner put together a series of recommendations for local government CIOs in Asia, citing the importance of discussions between the government and its citizens. According to Frost & Sullivan, more than half of smart cities will be in China, generating $ 320 billion for its economy by 2025.

Europe will have the largest number of smart city project investments globally, according to the research, while the total North America smart buildings market – comprising smart sensors, systems, hardware and software – will surpass $ 5bn by 2020. The analysis also noted the rising importance in Latin America, citing Mexico City, Santiago, Buenos Aires and Rio de Janairo as active cities in this area. Smart city projects in Brazil will drive almost 20% of the country’s IoT revenue by 2021.

“Currently most smart city models provide solutions in silos and are not interconnected. The future is moving toward integrated solutions that connect all verticals within a single platform,” said Vijay Narayanan, senior research analyst at Frost & Sullivan in a statement. “IoT is already paving the way to allow for such solutions.”

You can find out more about Frost & Sullivan’s smart cities studies here. Latest from the homepage

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Mineko’s Night Market is a cat-filled spin on Animal Crossing

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The world of Mineko’s Night Market is one obsessed with cats. Felines roam freely around its cartoony, cutesy island. Mini-games make sport of their adventures, and occasionally they’ll trail after you like ducklings behind their mother. On Mount Fugu Island, inhabitants even worship cat deities — specifically, the Sun Cat, a portly, upright creature called Abe. Developer Meowza Games has made no secret of its love of one specific animal, but the pleasing aesthetic of its upcoming game only lends to the friendly, approachable atmosphere of it all.

Mineko’s Night Market, launching this year, follows a girl named Mineko who’s recently moved to Mount Fugu Island. She currently runs a market, but it’s been in a financial pinch as of late….

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Huawei still committed to US market, calls government suspicion ‘groundless’

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Huawei hasn’t given up on the US market despite facing difficulties, CEO Richard Yu told CNET in an email. Chinese smartphone makers have had a rough go in the States in recent months, with US intelligence agencies cautioning consumers against purchasing electronics from firms like Huawei and Xiaomi.

The firm plans to continue operations in the United States. “We are committed to the US market and to earning the trust of US consumers by staying focused on delivering world-class products and innovation,” Yu told CNET.

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Huawei CEO says the company is still committed to the US market despite “groundless suspicions”

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Huawei has recently come under fire in the US, where government agencies left and right are advising people and companies not to purchase its products. The CIA, FBI, and NSA are concerned that Huawei devices are used to spy on Americans. As you’d expect, Huawei’s consumer products CEO doesn’t think too highly of such assessments. Richard Yu told CNET that “the security risk concerns are based on groundless suspicions and are quite frankly unfair”. “We welcome an open and transparent discussion if it is based on facts”, he continued. Huawei P20 Despite the fact that the government… – Latest articles

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Apple Goes after the Education Market with Lower-Priced iPad & New Education Apps

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Last week, we discussed various suppositions flying around about what news Apple’s March 27 Special Event would bring. Now, the wait is finally over, and the world knows what Apple has in mind for the classrooms of the future. The Let’s Take a Field Trip presentation covered more ground than expected. Not only did Apple unveil a new 9.7-inch iPad for 2018 with lower educator pricing, but also a cohesive package of classroom-management and curricular apps. The new hardware and applications are designed to launch teachers, students, administrators, and the classroom itself into an integrated, streamlined future where educational and creative opportunities are expanded, organized, and optimized. Let’s go over the technology, the apps, and the initiatives unveiled at Lane Tech College Prep High School in Chicago, IL today. From ClassKit, to Schoolwork, to Everyone Can Create, and more. 

Related: Why Apple’s Commitment to Education Matters    

Lower-Priced iPad with Apple Pencil Compatibility      

First things first, let’s discuss the tech announcements. The biggest device news of the day came with the introduction of a new 9.7-inch iPad. The iPad comes with several improvements over last year’s offering, including Apple Pencil compatibility, a ten-hour battery life, and an Apple-designed A10 Fusion chip that allows for 40 percent more CPU, and 50 percent faster graphics. The new iPad also features advanced sensors, a large retina display, and two cameras that, in conjunction with the A10 chip, make Augmented Reality apps and experiences available to users. The iPad starts at $ 329 for general markets, but will now start at $ 299 for the classroom market. The Apple Pencil is sold separately, at $ 99 for the general market and $ 89 for students and educators. 

2018 ipad

The 2018 iPad, with its greater range of capabilities and a lower price point, is meant to make school administrators consider their classroom tech budgets in a whole new light. Apple is working to catch up and possibly even surpass the current education-market domination of Google’s Chromebook. As part of that effort, Apple also unveiled a suite of apps designed to improve and integrate iPad use for academic and administrative tasks, no doubt remembering previous disastrous attempts to make inroads in the classroom market. Apple is offering the whole education package now; not only hardware, but also software. And beyond that, training in how to use both most effectively.

New iPad Apps for Schools, New API for Developers      

Apple launched the Classroom app a few years ago, and it’s been adopted as the student-iPad-management system of choice in many classrooms. Classroom allows teachers to remotely control student iPads by launching websites, opening apps, accessing iBooks, and even monitoring or locking student iPads if students go off task and need to be redirected. 

Beyond monitoring and remote control, teachers need help and training use classroom iPads to their fullest potential. To that end, Apple announced an app-based support platform to better organize workflow between school and home. The Schoolwork app helps teachers track assignments and progress for each student. Rather than sending home paper worksheets, permission slips, and notes to parents, teachers can use Schoolwork to send PDFs, links, and notes, as well as assign exercises and homework from apps on student iPads. Schoolwork is also useful for tracking grades, progress, and attendance.

schoolkit ios 11.4 

The Schoolwork app still needs content to give educators varied curricular options for their students. To that end, Apple announced ClassKit, a framework to help app developers customize their products for the classroom. ClassKit will roll out with iOS 11.4, and set standards for inclusion in Apple’s educational app suite. Developers will need to create apps with the desired content, but that content also needs to be labeled and structured so teachers can easily assign it through the Schoolwork app. In addition, accepted apps have to include a way for teachers to track student progress through the app’s activities, so they know which student needs help with particular tasks or concepts.

Everyone Can Create: Apple’s Art Education Initiative

With its new, cheaper iPad and with Classroom and ClassKit, Apple is attempting to offer the perfect package for a paperless classroom. Additionally, Apple has launched the Everyone Can Create initiative, building on the momentum of Apple’s Everyone Can Code program. Everyone Can Create harnesses the power of Apple’s iPad software package to incorporate the arts across the curriculum. Students can use Pages to create and illustrate their own books, GarageBand to compose music, and Keynote to create impressive presentations; the possibilities are endless.

everyone can create apple

Professional Development: Apple Supports Educators

As the final touch to the Everyone Can Create initiative, Apple is expanding its free Apple Professional Learning program. Within three months, Apple pledges to include Everyone Can Create training at the Teacher Tuesday sessions at Apple Stores everywhere. Online training is available, as well, so teachers can familiarize themselves with the new hardware and software before 2018–19 school year begins.

2018 ipad ar kit

Phil Schiller, Apple Worldwide Marketing executive, sums up the Let’s Take a Field Trip announcement and the Everyone Can Create initiative by explaining, “Creativity sparks a deeper level of engagement in students, and we’re excited to help teachers bring out that creativity in the classroom. When you combine the power of iPad, the creativity of Apple Pencil, over a million iPad apps in the App Store, the rich curriculum in Everyone Can Code and Everyone Can Create, and unique Classroom and Schoolwork apps that support students and help schools manage technology in the classroom, we believe we can amplify learning and creativity in a way that only Apple can.”

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Acer Chromebook Tab 10, the first Chrome OS tablet, announced for the education market

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Chrome OS and Android have progressively grown together over the past few years, from apps to tighter integrations. Acer is taking things one step further with the first of its kind, the Chromebook Tab 10. A dedicated tablet running Google’s desktop OS, Acer is keeping its sights on the education market, much to some of our dismay.


Display 9.7″ 2048×1536 IPS LCD
CPU OP1; dual ARM Cortex-A72 and quad Cortex-A53
Storage 32GB eMMC, expandable via microSD
Cameras 5MP rear, 2MP front
Battery 34Wh
Connectivity 802.11ac (2×2 MIMO), Bluetooth 4.1
Ports 1xUSB Type-C 3.1
Measurements 172.2×238.2×9.98 mm; 550 g
Price $ 329 USD, €329

We saw the Chromebook Tab 10 appear a little while back, but having official confirmation is always nice.

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Apple will go after educational market with cheaper iPads next week

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Apple is reportedly ready to announce a cheaper iPad model geared towards educators and students at its upcoming March 27 event in Chicago. Apple’s new focus on education and a potential release of a lower-priced iPad for students is directly aimed at a market that’s dominated by Google Chromebooks and Android tablets. The educational market is worth around $ 17.7B globally and Google holds a big chunk of it – 60% share. Currently Apple’s cheapest iPad will run you €399 for a 32GB variant. On the opposite end there are a bunch of Chromebooks by Asus, Samsung and Acer that cost… – Latest articles

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Face ID goes to the market in crazy new iPhone X ad

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Apple has published another incredible new ad for Face ID on the iPhone X that shows off how easy it is to buy stuff with a glance. The minute-long ad is similar in style to the wild ad Apple put out last week. While wandering through a flea market, an iPhone X owner is suddenly […]

(via Cult of Mac – Tech and culture through an Apple lens)

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Apple Shares iPhone X and Apple Pay Ad ‘Fly Market’

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Apple has published a new video ad to its official YouTube page, a new short film that will more than likely make it to TV screens soon enough. Continue reading
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