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…

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…

AIoT Artficial Inteligence IoT

Understanding AIoT’s Potential

The Internet of Things has brought about a world based on connectivity, which allows devices to become smarter and more responsive. This technology opens up opportunities to create digital experiences based on physical objects. But while this technology makes devices smarter, the focus has now shifted to making IoT itself smarter as well. Artificial Intelligence…

What if the Waterstream node goes down?

If you’ve ever wondered how Waterstream cluster behaves if one of its members goes down – here are some tests we’ve done. The test setup consists of Kafka provided by Confluent Cloud, 5 nodes of Waterstream and a load balancer running on Google Cloud Platform, and 5 nodes of MQTT load simulator – also on…

Internet of Food

Internet of Food

The development of the food industry will be essential in the coming years to feed the ever-growing population on Earth. Food production, sustainability, and distribution issues are at the core of various international agendas. The urbanization trend is also driving research on methods to feed high-density communities. Although it is the largest industry in the…

Internet of Medical Things

The impact of the IoMT on the Healthcare Industry

When you think about it, your most recent healthcare experience probably involved some sort of medical equipment or device – be it a blood pressure monitor, continuous glucose monitor, or MRI scanner. More than 500,000 medical technologies are currently available, with today’s connected devices being designed to improve efficiency, lower costs, and provide better care.…

What is edge computing?

What is edge computing?

We are clearly in the cloud computing era. We still use our own personal computers but mostly just to access centralized services like Dropbox, Gmail, or Office 365. Many devices now rely on AI and data that is stored in the cloud. Most of our day-to-day processing is hosted on infrastructure from a few cloud…

Industry 5.0 - Pandemic

Industry 5.0 and the Pandemic

We are firmly inside Industry 4.0, where manufacturing has taken on the label of “smart” through the integration of the IoT, AI, cyber-physical systems, Cloud and cognitive computing. But Industry 5.0 is becoming more and more a reality, which will bring an increased human touch back to manufacturing. Where Industry 4.0 put smart technology at…