Article published by: https://www.sdxcentral.com/
Author: Sue Marek
Source URL: https://www.sdxcentral.com/articles/news/nokia-snaps-up-iot-energy-startup-spacetime/2018/05/
Nokia is expanding its Internet of Things (IoT) portfolio with the acquisition of SpaceTime, a smart energy IoT startup that provides analytics and IoT applications to transportation, energy and utility companies. Some of SpaceTime’s customers include FedEx, Singapore Power, and Union Pacific Railroad.
SpaceTime’s IoT platform and analytics engine is intended for asset-intensive industries like utilities and energy companies. The company’s software is currently being used by Sacramento Municipal Utility District to help it manage its assets and be more responsive to its utility customers.
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