WELCOME TO The THE INTERNET OF THINGS REPORT
BMW cars to join Internet of Things with Connected Drive
| July 7, 2016
EV Group (EVG) is a leading supplier of equipment and process solutions for the manufacture of semiconductors...
Article | February 15, 2020
The term ‘connectivity’ is no more confined to laptops and smartphones, as we’re witnessing a transition towards smart cities, smart homes, smart retail, connected cars along with connected healthcare to name a few. In this arena where advanced technologies have been blooming at a tremendous rate, IoT is also catching up. IoT has been one such technology that is going to have an impact not only today but also in the coming future. The base for IoT is designed for storing and processing IoT data and is the core of all IoT-related devices and solutions. The base has been set in such a way that it provides an intake of huge volumes of data generated by sensors, user websites, applications and then accordingly initiates actions based on real-time responses and analytics.
Operating a utility business can be particularly difficult, especially when you’re trying to maximize ROI. In the water utility space, per capita water usage has decreased while the water itself has become more expensive to collect. Across utilities sectors, aging infrastructure takes a large cost to maintain and eventually update. Consumer expectations and regulations also can cut into ROI. As they should, people expect clean and safe water and a continuous supply of electricity. The driving factor in the utilities space is efficiency. Enter the smart water meter. For our IoT water management solution, we used Google Cloud Platform (GCP). GCP has various benefits for water management through its wide array of products. We will go over two important features of a water management IoT solution.
IoT has a massive scope and too many requirements that can leave even the best of telecom operators clueless. With exalted predictions in the near future (some estimate that IoT devices will cross the 40 billion mark by 2025), the pressure on IoT service providers is immense. There is a need to automate the management of connected devices and sensors, which is why a comprehensive IoT platform has become the need of the hour. Every single one of these platforms plays a huge role in the overall functioning of sensors and devices that form the entire IoT universe. An IoT platform serves as a middleware that connects devices/sensors. It contains an assortment of functions such as controllers and sensors, a communication network, a gateway device, translating and data analysis software along with end application services. IoT platforms are equipped to handle vast quantities of data, applications, subscribers, websites, sensors and devices, and at the same time triggers actions according to the input, in real-time.
Retail businesses, from mom-and-pop shops to major department stores, are investing heavily in technology to enhance the in-store experience. With the imminent arrival of mainstream 5G, smarter systems are expected to dominate the retail space as the internet of things (IoT) expands. But as we know from connected device deployments in other sectors, such as financial services and healthcare, the IoT is fraught with security vulnerabilities. For retail security, the risks of deploying IoT devices are no less dire. As organizations rely more on the IoT to enable internet connection at every stage of the retail process, protecting IoT infrastructure is critical. Getting on board with the right mindset can go a long way toward achieving a win-win for retail security.
Keep me plugged in with the best
Join thousands of your peers and receive our weekly newsletter with the latest news, industry events, customer insights, and market intelligence.
Put your news, events, company, and promotional content in front of thousands of your peers and potential customers.
Not a member yet? Not a problem, Sign Up
Sign up to contribute and publish your news, events, brand, and content with the community for FREE