IoT's Impact In Industrial Innovation

IoT’s Impact In Industrial Innovation

Even though the current extent of industrial IoT implementation is far out shadowed by that of the consumer space, Industrial IoT investments are seeing huge growth. Two key areas are driving this growth: smart factories and smart transport & logistics. By connecting machinery and tools, the Industrial IIoT enables manufacturing companies to improve real time…

How IoT is changing Ecommerce

How IoT is changing Ecommerce

The Internet of Things is as present in eCommerce as in most other sectors nowadays. It is bringing about new ways for customers to shop and interact with brands, while also helping brands manage customers, inventory, and profits. One of the biggest challenges in running an eCommerce has always been maintaining stock at all times.…

Intelligent IoT Edge Computing

Intelligent IoT Edge Computing

The Internet of Things has become extremely important in both consumer and industrial markets. The availability of high bandwidth connections with the growth of 5G networks is giving rise to new IoT solutions in Smart Cities, Automotive, Industry 4.0, Supply Chain, Healthcare, and Energy. It seems we are bound to be more and more surrounded…

IoT in the Financial Sector

IoT in the Financial Sector

IoT impacts many different industries, including retail, automotive, smart devices, and even the financial sector. Financial services can benefit greatly from this technology, let’s see how. In 2018, IoT spending in the banking and finance industry averaged roughly $153 million. IoT saves financial companies a lot of time and money by gathering and transferring data.…

IoT Security Threats

IoT Security Threats

IoT is an incredible technology that will enable further economical and technological progress. Unfortunately, as is the case for all fast-growing new tech, it can be hard to properly manage the security aspect of IoT. Here are four threats to IoT security to look out for. Inherent Threats IoT devices are insecure by nature. Being…

IoT & Utilities Industries

IoT & Utilities Industries

IoT & Utilities Industries As more and more devices are interconnected through IoT, energy businesses might see an increased ease in welcoming new energy sources, increased efficiency of assets, enhanced reliability, upgraded security and the growth of new business models and services. As urbanization grows and business models demand higher efficiency, energy enterprises will need…

IoT in Sports

IoT in Sports

As technology evolved through the years, we have seen sports go from competitions in brute strength and endurance to more sophisticated endeavours. It is not to say those original skills and strengths are not at play anymore, they’re just better employed, thanks to technological progress. Lately IoT has been one of the upcoming technologies helping…

Improving Customer Experience through IoT

Improving Customer Experience through IoT

Retaining customers is becoming increasingly harder as markets become more and more competitive and dynamic. Customers expect better experiences every time they interact with a product or service. Good customer experience is about understanding customer expectations and meeting them at all points of interaction with a product or service. A Gartner survey identified the Internet…