Industrial goliaths—including AT&T, Cisco, General Electric, IBM and Intel—have announced they are forming a coalition to create a set of engineering standards for the connection and deployment of the Internet of Things (IoT), The New York Times reports. Called the Industrial Internet Consortium, the group aims to create common ways for sensors to share and move data. GE Global Software Center VP William Ruh said, “I don’t think anything this big has been tried before … This is how we will make machines, people and data work together.” Meanwhile, French start-up Sigfox has received 15 million euros ($21 million USD) to build upon existing networks to expand a dedicated IoT network in France, Spain, The Netherlands and Russia. Sigfox has designed a wireless framework for machine-to-machine communications and already has an existing network that covers approximately one million square miles in Europe. The new funding will help it deploy support, marketing and continued research and development. (Registration may be required to access this story.)
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