A recent survey by McKinsey reveals that manufacturers who had managed to transition to Industry 4.0 prior to the pandemic felt better equipped to handle the crisis. Actually, 94% of the respondents confessed that IoT in manufacturing, along with other technologies, played a key role in keeping their operations up and running during these turbulent times. The research proves … [Read more...] about Considering using IoT in manufacturing? Read this first
internet of things
5 Reasons to Adopt IoT in Fitness and Professional Sports
Kristy Cheung is a fencer from Hong Kong. She competes out of the I-Fencing Alliance Club. During training, Kristy wears a special fencing suit that is equipped with lightweight sensors recording her movements. All the data is aggregated and analyzed to generate insights on her strength, flexibility, stamina, and balance. Kristy believes that using IoT in sports opens new … [Read more...] about 5 Reasons to Adopt IoT in Fitness and Professional Sports
IoT Solution Architecture: Components and Design Tips
Businesses are continuing to jump on the Internet of Things bandwagon and turn to IoT consulting firms. According to a recent research by Facts & Factors, the global IoT market is expected to reach $1,842 billion by 2028, growing at a CAGR of 24,5%. Rolling out IoT is not easy though. Beecham Research reports that 75% of all IoT projects are either not meeting the set … [Read more...] about IoT Solution Architecture: Components and Design Tips
The Present and Future of the Internet of Things
The general availability of information technologies and a significant change in our attitude to their presence allowed the rapid development of the Internet of things. During the last ten years, IoT has managed to penetrate almost all the spheres of our life. IoT is transferring the role of caring of human comfort and safety to smart gadgets that perform monotonous or … [Read more...] about The Present and Future of the Internet of Things
The Biggest Insurance Technology Trends For 2022
The insurance industry has been undergoing major changes in recent years. Not only does it have to keep up with the technological advancement but it also has to adapt to the changing needs of the clients and provide them with relevant offers. With that being said, insurers have to keep an eye on the latest technology trends in order to retain clients and remain competitive in … [Read more...] about The Biggest Insurance Technology Trends For 2022
