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Posted by on Aug 10, 2017 in Smart Device and Wearables |

IoT Applications Spanning Across the Wearable Industry

IoT Applications Spanning Across the Wearable Industry

Our world is fast changing with revolutionary technologies and disruptive ideas emerging in the whole new connected space. Amidst this mesh/network of connected devices, Internet of Things is changing our lives through many applications in many vertical markets. IoT is the interface between the individuals and the connected environment that they are in. It can be thought of as a natural progression towards the individual with the individual becoming the center of things. From smart home to smart cars to wearable devices, many concepts have been born and are blooming under this idea. Different people have a different idea of wearable technology. However, the bottom line is to leverage IoT to extend our abilities to communicate with each other, extend our knowledge about what’s happening with our bodies, and to communicate that knowledge to others if desired. The IoT applications in the wearable industry have not only encouraged engineering driven wearable technologies but have also inspired artists and designers with highly poetic explorations such as clothing sensors that are...

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Posted by on Aug 3, 2017 in Wireless |

Mapping IoT Opportunities through Data Analytics

Mapping IoT Opportunities through Data Analytics

Smart Home, IoT Data Analytics, Industrials (Manufacturing & Supply Chain) – IoT provides access to data from the real world and in real-time. Analytics can play a huge role in the influx of this data giving rise to newer business models for various segments. IoT is the next frontier for businesses and IoT-enabled companies are going to be unique in terms of their needs and requirements. It is not only about the digitization of processes to adopt a connected approach but also about what happens next – Big Data! IoT is digitizing physical assets such as sensors, devices, machines, and gateways and the rapidly growing network is resulting in huge volumes of data being generated every second. This data opens opportunities for significant value creation and revenue generation. To analyze the volume of information from different sources and take action in real-time is becoming a major challenge in the IoT environment. In order to meet consumer demands for quicker deliveries, companies are switching to IoT solutions that help warehouses...

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Posted by on Jul 14, 2017 in Retail |

Physical to Digital – The New Era in Retail

Physical to Digital – The New Era in Retail

For customers today, shopping is all about speed, convenience, and flexibility and in retail, the journey begins with the customer. The Gen-Z shopper is both informed and impromptu. They want to shop anywhere, anytime and expect a seamless experience whether they are shopping in-store or online. However, the revolution in retail is driven not only by ever changing consumer preferences but also by rapid advances in technology. Though e-commerce accounts for only 8.5 percent of the total retail revenue [1], the growth has been rapid in this space. Market reports suggest that while the market share of retailers is fairly huge, the stores with differentiated value offerings are witnessing better growth. Digital retail requires a deep understanding of how customers use technology in their everyday life and then deploying technology to embed the retail brand in their minds. This real time model calls for real time access to sensors and devices such as Apple’s iBeacon and the Internet of Things to create a competitive advantage. To begin with, mobile...

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Posted by on Jun 29, 2017 in Smart Devices |

Industrial IoT – Unlocking Business Value from IIoT

Industrial IoT – Unlocking Business Value from IIoT

As the markets become more consumer-centric, experts suggest it is the best time to be a consumer because the only way businesses can thrive today is by valuing their customers. The necessity to deliver exceptional consumer experiences has paved way for smart solutions enabled by the Internet of Things (IoT). But as they say, there is a price for everything.Each quality experience delivered has a series of round-the-clock efforts tagged. Since we belong to the age of automation, the major effort here is machine effort that requires considerable energy consumption. According to a 2012 survey conducted by McKinsey and Company, energy is one of the biggest operating costs in manufacturing, accounting for up to 20% of the total operating cost. [1] However, increasing adoption of the Internet of Things presents manufacturers with tremendous business opportunities. And, through a connected factory setup, manufacturers can effectively gather and apply insights to monetize these opportunities. Today, the IoT-driven Industry 4.0 solutions are helping businesses to improve productivity, reduce operating costs and enhance...

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Posted by on Jun 12, 2017 in Smart Devices |

Healthcare IoT: Smart Technology for Better Healthcare

Healthcare IoT: Smart Technology for Better Healthcare

In order to define the future, we need to identify, predict, analyze, and assess the information provided by every imaginable source. Talking of information, we look for it in the form of Big Data and perhaps the most important source of information is the human body. The Internet of Things is paving way for innovation in nearly every aspect of human existence and soon we will see this technology touching lives, quite literally! Traditionally physicians had a holistic view of the patient’s health condition giving them limited access to the root cause, thereby forcing them to make decisions with very less data. As a result, Electronic Medical Records (EMR) for each patient was maintained. Furthermore, the hospitals and assisted living facilities do not have the resources to monitor every resident and these residents are not capable of, or equipped to monitor and regulate themselves. Many healthcare organizations do not apply data from connected devices to other business processes which creates inefficiency, potential for data loss, and mistakes in diagnosis....

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