The global Internet of Things (IoT) and Machine to Machine (M2M) communications market is estimated to grow from US$ 255.87 billion in 2014 to US$ 947.29 billion in 2019, at a Compound Annual Growth Rate (CAGR) of 29.9% during the forecast period of 2014-2019 according to a new reseach from Research and Markets.

ntelsat S.A. (NYSE: I) announced today that current Intelsat President and Chief Commercial Officer Stephen Spengler has been promoted to Deputy Chief Executive Officer, effective immediately.
 

ITU Telecom World 2014 closed its doors today following four busy days of high-level debate, networking, knowledge sharing and showcasing. A dynamic and truly diverse line-up of participants from around the world attended the event, including Cisco, Huawei, Intel, LS telcom, Nokia, Ooredoo, Rohde & Schwarz, Vodafone and ZTE, with pavilions from Argentina, Azerbaijan, Cameroon, Chad, China, Hungary, Nigeria, Malaysia, Qatar, Tanzania, Thailand and Zimbabwe, while Kenya, Uganda, South Sudan and Rwanda came together within the Smart Africa zone on the show floor.

It has been a year since the private equity firm Wasserstein & Co. acquired Hauppauge , NY-based provider of managed network communication solutions Globecoom.  We spoke to Globecom's CEO to give us an update on their company and where its going after the acquisition.  Excerpts of the interview follows:

International Datacasting Corporation (IDC) (TSX:IDC), announced its financial results today for the nine months and third quarter ended October 31, 2014.  Revenues totaled CDN $3.0 million for the third quarter of Fiscal 2015, 19% higher than the prior year's third quarter. The increase was primarily due to a 79% improvement in product revenues, partially offset by a reduction in services revenues due to the non-renewal of the Canadian Forces Radio and Television service.

Ownership of Connected TV Devices (including smart TVs, smart blu-ray players, IP-enabled game consoles and digital media streamers) grew 5 percent quarter-on-quarter in Q3 2014 and 28 percent year-on-year to reach 168 million units. Fuelled by a desire to watch video content delivered via the open Internet, the average US home now owns 1.9 Connected TV devices compared to 1.5 in Q3 2013 according to Strategy Analytics’ Connected Home Devices (CHD) service report, “USA Connected TV Device Tracker: Q3 2014”.

Other key findings from the report include:

The Satellite Industry Association (SIA) today  announced that SIA’s Board of Directors has appointed Tom Stroup to the position of President,  effective December 15th.  Stroup’s appointment follows an extensive search to replace the  former President, Patricia Cooper, who departed SIA earlier this year for private industry.

Ooyala today issued its Q3 2014 Global Video Index Report, showing consistent daily patterns in the way people consume TV and video across different devices throughout the day. The report also shows that mobile and tablet devices reached 30 percent of all online video views during the quarter, representing a 114 percent year-over-year increase. At this rate, Ooyala predicts that mobile and tablet viewing will reach 50 percent of all online views by late 2015.   

Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported its operating results for the three months ended October 31, 2014. Net sales for the three months ended October 31, 2014 were US$ 76.4 million compared to US$ 83.4 million for the three months ended October 31, 2013. The period-over-period decrease reflects lower net sales in all three of the Company's operating segments.

The Advisory Boards of the ITU m-Powering Development and Smart Sustainable Development Model Initiatives released their first reports in Doha, Qatar, at an extraordinary meeting of each of the Boards, which met on the eve of ITU Telecom World 2014 in session 7-10 December.