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  • EghtesadOnline: ABB has appointed Guido Jouret as its first chief digital officer, a move designed to ramp up the Swiss power and automation company's efforts in digital technology and the internet of things.

  • Financing for the company, which analyzes data from connected sensors, comes as Internet of Things funding is expected to drop.

    EghtesadOnline: Billionaire Thomas Siebel has raised $70 million for his data analytics startup C3 IoT as investor enthusiasm for the so-called Internet of Things begins to wane.