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Up the creek – Telia tells CRE market to get on board with IoT, or go down with the boat

Real-estate managers are up the creek without a paddle; but there is a last chance, says Telia, to install new IoT engines, even as rivals get ready to plunder.

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The commercial real estate (CRE) market is in dire straits, and desperate for change. It was up the creek already, even before Covid-19 forced the current, holed the boat, and swiped the paddle. And even if the latest IoT tech promises to furnish old craft with new digital engines, there’s a whole flotilla emerging from the stink to carry the market home again.

That was the message this week from Swedish telco Telia, which has published a report on digital change in CRE as the world continues to grapple with Covid-19, and stays home for work and play. There is an opportunity, it said, to teach old (sea) dogs new digital tricks, but the horizon is fading and piratical new-age rivals are ready to plunder, and sail past.

“If someone’s going to disrupt your industry, it should be you,” said Björn Hansen, head of IoT at Telia. “Vital solutions include IoT and data insights,” the company stated, in a press note, seeking to raise awareness of its own IoT solutions – and to promote a report on the state of ‘things’ in the CRE market, backed by a poll of CRE owners and managers in the Nordic and Baltic region.

Hansen commented: “Although Covid-19 has put the real estate industry in the spotlight, its challenges already existed before the pandemic began. Increasing urbanization, environmental awareness and the ever-growing digital demands of tenants mean that facility owners need to embrace digital tools to stay competitive.

“We want to help real-estate customers and facility owners to meet these new demands and to be more cost-efficient and environmentally friendly. But the time to start is now – if someone’s going to disrupt your industry, it should be you.”

Management consultancy firm Arthur D. Little surveyed the local market for the report; the big stat, it said, was that 70 percent of real-estate owners and facility managers have not yet made any concrete plans for digital change, even as Covid-19 has effectively shut them down – and as many as 87 percent recognize the sense of urgency and the perceived value of digitalization.

Telia said: “Long-established behaviours and business patterns [have] changed instantly. Many of the new demands will remain, and real-estate owners and managers will need to offer greater flexibility, better cost-efficiency and greater tenant satisfaction than ever before. Digitalization is identified as the main enabler.”

The answer (of course!) is in tech. “Data can provide analytics and insights, ending the guessing game and enabling better decision-making and prediction. To keep up and to be able to compete with the digital-native businesses entering the market, facility owners need to evolve their services.”

Kristofer Ågren, head of data insights at Telia, said: “When combining insights from IoT data and anonymous mobility data, our customers can develop a deeper understanding of how a building is operating, make more accurate forecasts, and learn how mobility patterns inside and outside a building affect utilization. Such insights have not only proven vital during the pandemic but are also crucial to managing efficient and sustainable buildings.”

Agron Lasku, partner and head of telecom at Arthur D. Little, said: “During the last decade, a new generation of digital-first companies made their way into the real-estate market, disrupting the century-old business models with digital services for renting, leasing and managing facility-related activities. To defend their turf and to capture new revenue streams, facility owners need to step up their game, rethink the scope of their operations and accelerate the digitalization of core services.”

Source: https://enterpriseiotinsights.com/20210224/channels/news/telia-tells-cre-market-to-get-on-board-with-iot

IOT

Tribe Announces Participation in IoT PropTech Summit on November 18

Tribe Property Technologies Inc. (TSXV: TRBE) (OTCQB US: TRPTF) (Frankfurt Stock Exchange: 7HZ) (“Tribe” or the “Company”) a leading provider of technology-enabled property management solutions, will join the second annual IoT PropTech Summit on November 18. In addition to hosting a virtual booth at the event, Joseph Nakhla, Tribe Founder and CEO and Lawrence Liu, Vice President, Sales & Partnerships are on the speaker line-up.

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/NOT FOR DISTRIBUTION IN THE U.S. OR TO U.S. NEWSWIRE SERVICES./

VANCOUVER, BC, Nov. 15, 2021 /CNW/ – Tribe Property Technologies Inc. (TSXV: TRBE) (OTCQB US: TRPTF) (Frankfurt Stock Exchange: 7HZ) (“Tribe” or the “Company”) a leading provider of technology-enabled property management solutions, will join the second annual IoT PropTech Summit on November 18. In addition to hosting a virtual booth at the event, Joseph Nakhla, Tribe Founder and CEO and Lawrence Liu, Vice President, Sales & Partnerships are on the speaker line-up.

Tribe Property Technologies CEO Joseph Nakhla (CNW Group/Tribe Property Technologies Inc.)

Tribe Property Technologies CEO Joseph Nakhla (CNW Group/Tribe Property Technologies Inc.)

“We are thrilled to be invited to join this lineup of experts to discuss the challenges and opportunities facing the Property Tech industry,” said Joseph Nakhla, who will take part in a C-level panel discussion on how PropTech investment bolsters ESG initiatives. “In our approach to digitizing community living we are actively identifying new ways to optimize operations and reduce costs – an important aspect of our long-term growth and sustainability plan.”

Joseph will be joined by Travis Allan, CEO, Eddy Solutions and Stacia Van Zetton, CSO, Exact for the panel discussion on Environmental, Social, Governance (ESG) and IoT – how PropTech investment bolsters ESG initiatives. The discussion will focus on investor interest in ESG and what companies can do to leverage sustainability initiatives.

Lawrence Liu, Vice President, Partnerships at Tribe Property Technologies will bring an innovators approach to the panel on Disruption and Opportunity: How the Past Two Years Have Transformed Our IoT Appetite, with more than 15 years of experience in advancing Property and Real Estate Technologies.

Hosted by Eddy Solutions and PCL Construction, the 2021 IoT PropTech Summit is a one-of-a-kind virtual event designed to explore how Property Technology is revolutionizing the way we work and live. Industry leaders discuss how connected technologies reduce risk, streamline operations, lower insurance premiums, and reduce costs in a sustainable way. The event will include a host of industry experts, including leaders from Rogers, PCL, Microsoft, Aon, AXA, Eddy Solutions, Comcast and Tribe. For more details and to reserve your free space for the conference, click here:

About Tribe Property Technologies

Tribe is a property technology company that is disrupting the traditional property management industry. As a rapidly growing tech-forward property management company, Tribe’s integrated service-technology delivery model serves the needs of a much wider variety of stakeholders than traditional service providers.

Tribe seeks to acquire highly accretive targets in the fragmented North American property management industry and transform these businesses through streamlining and digitization of operations. Tribe’s platform decreases customer acquisition costs, increases retention and allows for the addition of value-added products and services through the platform. Visit tribetech.com for more information.

About Eddy Solutions

Eddy is an award-winning, innovative North American provider of smart water metering products and related technologies, helping property owners protect, control, and conserve water usage by combining water sensing devices with machine learning software. Eddy provides substantial protection to single-family homes, as well as commercial and residential buildings at every stage of the building cycle, including construction. For more details on Eddy’s products or company information, please visit eddysolutions.com.

ON BEHALF OF THE BOARD

“Joseph Nakhla”

Chief Executive Officer

Tribe Property Technologies Inc.
Joseph Nakhla
Chief Executive Officer
1155 West Pender Street, Suite 419
Vancouver, British Columbia
V63 2P4
(604) 343-2601
joseph.nakhla@tribetech.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement on Forward-Looking Information

This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws regarding the Company and its business. When or if used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and similar words or expressions identify forward-looking statements or information. Forward-looking statements or information in this news release may relate to statements with respect to: aims and goals of the Company; financial projections; growth plans including future prospective consolidation in the property management sector; future acquisitions by the Company; beliefs of the Company with respect to the independent owner-investors market; prospective benefits of the Company’s platform; and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward- looking statements. The Company does not intend, and do not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.

Lawrence Liu, VP Sales & Partnerships, Tribe Property Technologies (CNW Group/Tribe Property Technologies Inc.)

Lawrence Liu, VP Sales & Partnerships, Tribe Property Technologies (CNW Group/Tribe Property Technologies Inc.)

SOURCE Tribe Property Technologies Inc.

Cision

Cision

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/November2021/15/c8708.html

Joseph will be joined by Travis Allan, CEO, Eddy Solutions and Stacia Van Zetton, CSO, Exact for the panel discussion on Environmental, Social, Governance (ESG) and IoT – how PropTech investment bolsters ESG initiatives. The discussion will focus on investor interest in ESG and what companies can do to leverage sustainability initiatives.

Source: https://finance.yahoo.com/news/tribe-announces-participation-iot-proptech-123000821.html

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Smart Farming Technologies and IoT: Ripe For The Taking

Changes in our ecosystem are happening at a pace that humanity is barely keeping up with. Shortages of raw materials, food, and other necessities are hitting countries all over the globe and one industry is trying to change all this — IoT. IoT is going beyond transforming homes and urban landscapes,

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Changes in our ecosystem are happening at a pace that humanity is barely keeping up with. Shortages of raw materials, food, and other necessities are hitting countries all over the globe and one industry is trying to change all this — IoT.

IoT is going beyond transforming homes and urban landscapes, it’s changing the way we produce and manage the things we eat. Smart farming solutions are gaining popularity worldwide. Thanks to the innovations created — like the smart systems made by ag-tech startup Farmo — we are seeing creative ways for us to make sure all mouths around the world are fed.

IoT Sensors: Churning the Smart Farming Mill

One important aspect of IoT is the sensors — a way for each application to gather data about its environment so the data can be used to optimize the management of a particular system. In the case of smart farming solutions, sensors help farmers and agricultural groups assess, keep track of, and manage their land.

Sensors give insights into important details of the farming process, including pH levels of the soil, asset monitoring, and predictive maintenance of tools, among others. They help manage resource consumption and reduce farming costs by optimizing the way everything ebbs and flows. An example of an important IoT sensor for smart farming solutions is one that measures moisture and temperature. This sensor could help monitor irrigation and help give insights on how to maximize it for specific soil conditions and weather changes, thus conserving more water.

Another problem that sensors can address for farmers is livestock monitoring and asset tracking. Keeping an eye on all the animals can be laborious. With sensors like the WisNode TrackIt, it’s as easy as pulling up your phone and seeing the location of your cow Bessie on the other side of the ranch.

Sensors give us the tools we need to talk to our environment so we can do our work easily and efficiently.

Harvesting Smart Farming Data with IoT Gateways

IoT sensors are changing the game when it comes to the creation of smart applications, but none of these systems can exist without a proper gateway. Gateways are the middlemen that turn sensors from solitary devices to a full-fledged data system ready for end-users to utilize.

The first step in building IoT applications like these is to figure out what gateway to get. An indoor gateway is perfect for smart homes or offices while outdoor gateways are a must for setups that face changing weather conditions. For smart farming applications, a commercial gateway like the WisGate Edge Pro is your best bet.

The WisGate Edge Pro has all that you need to build smart farming applications: Industrial-grade components, PoE and surge protection, support for WiFi, GPS and LTE, and dual LoRa® concentrators that support up to 16 LoRa channels. With an out-of-the-box experience like no other, you can deploy LoRaWAN® smart farming solutions in a flash!

In a time when our environment is in dire need of support to give us our needs, it’s in our best interest to start implementing solutions that not only reduce our ecological footprint but help restore and sustain our world. Smart farming will help give us a future worth living for.

Sensors give insights into important details of the farming process, including pH levels of the soil, asset monitoring, and predictive maintenance of tools, among others. They help manage resource consumption and reduce farming costs by optimizing the way everything ebbs and flows. An example of an important IoT sensor for smart farming solutions is one that measures moisture and temperature. This sensor could help monitor irrigation and help give insights on how to maximize it for specific soil conditions and weather changes, thus conserving more water.

Source: https://news.rakwireless.com/smart-farming-technologies-and-iot-ripe-for-the-taking/

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IT Services Market to Record $ 478.39 Bn Growth between 2021 and 2025 | Rising Demand for IoT and Big Data to Boost Growth | Technavio

/PRNewswire/ — The IT services market size is expected to increase by USD 478.39 billion between 2021 and 2025, registering a CAGR of over 8% during the…

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NEW YORK, Oct. 4, 2021 /PRNewswire/ — The IT services market size is expected to increase by USD 478.39 billion between 2021 and 2025, registering a CAGR of over 8% during the forecast period.

Download this IT Services Market Report to uncover new strategies to make the most of future growth opportunities.

Attractive Opportunities in IT Services Market by Service and Geography - Forecast and Analysis 2021-2025

Attractive Opportunities in IT Services Market by Service and Geography – Forecast and Analysis 2021-2025

The report on the IT services market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

The IT services market is analyzed by Service (IT consulting and other services, Internet services and infrastructure, and Data processing and outsources services) and Geography (APAC, North America, Europe, South America, and MEA). The growing demand for IoT and Big Data operations is expected to drive the growth of the IT services market.

In addition, factors such as the growing adoption of edge data centers and the need to adhere to regulatory guidelines and ensure compliance are expected to contribute to the growth of the IT services market during the forecast period.

This report presents a detailed picture of the IT services market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The IT services market covers the following areas:

IT Services Market Sizing
IT Services Market Forecast
IT Services Market Analysis

Companies Mentioned

  • Accenture Plc
  • Cognizant Technology Solutions Corp.
  • DXC Technology Co.
  • Fujitsu Ltd.
  • Hewlett Packard Enterprise Co.
  • International Business Machines Corp.
  • Microsoft Corp.
  • Oracle Corp.
  • Telefonaktiebolaget LM Ericsson
  • Toshiba Corp.

Subscribe to our “Lite Plan” billed annually at USD 3000 that enables you to download 3 reports/year and view 3 reports/month.

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Global ITSM Market – Global ITSM market is segmented by application (CM, ITAM and ITSD, A and PM, NM, and others) and geography (North America, Europe, APAC, South America, and MEA).
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IT Services Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of over 8%

Market growth 2021-2025

$ 478.39 billion

Market structure

Fragmented

YoY growth (%)

6.35

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 40%

Key consumer countries

US, China, India, UK, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Accenture Plc, Cognizant Technology Solutions Corp., DXC Technology Co., Fujitsu Ltd., Hewlett Packard Enterprise Co., International Business Machines Corp., Microsoft Corp., Oracle Corp., Telefonaktiebolaget LM Ericsson, and Toshiba Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email:

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Website:

www.technavio.com/

SOURCE Technavio

The report on the IT services market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

Source: https://www.prnewswire.com/news-releases/it-services-market-to-record–478-39-bn-growth-between-2021-and-2025–rising-demand-for-iot-and-big-data-to-boost-growth–technavio-301390099.html

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