Bosch Takes to the Clouds
Gear up on five IoT news bites to start your Thursday
Bosch is moving into the cloud business to directly support IoT connections, according to story from Reuters. The Germany-based firm already has software programs specifically designed for IoT. Like many, Bosch sees further room to expand into this market.
A smart smoke alarm might do more than bring peace of mind. The insurance company Travelers is also giving users of smart devices a discount on their homeowners insurance—if these tools connect via a smartphone. IoT devices do provide early alerts to users about potentially damaging events, and insurance companies, like Travelers, are taking notice.
Smart sleep manufacturer Eight, pulled in $6 million of venture funding this week for a smart mattress cover. The device not only sends stats about your sleep patterns but can link up with other smart tools, like your connected thermostat, to actually transform your room into a sleep haven.
Even Wall Street is excited about wearables. A new index, WEARXT, is tracking the wearables global market looking at 45 to 55 stocks including device heavyweights from Fitbit to Garmin. Research giant IDC says shipments of wearables will grow past 200 million in 2019. The biggest seller? Smartwatches.
Finally,Intelbought Israeli-based VR company, Replay Technologies—to bring its 3D software, freeD, when viewing sports events. The tech was used at the NBA All Star Weekend last month.