How the Internet of Things will change banking

| June 8, 2016

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The Internet of Things (IoT) is, without a doubt, one of the biggest technological transformations on the horizon, with many already claiming that we are entering the second major digital revolution...

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ClearConnex

ClearConnex specializes in finishing any wireless device project ahead with expert engineering services that build upon innovative product platforms. To start projects ahead, ClearConnex provides a proven set of licensable software and hardware products as customizable building blocks. This approach combines the flexibility and functionality of custom development with the cost effectiveness of an off-the-shelf solution, an industry first.

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Nokia adds 5G to worldwide IoT network, lets carriers test new sensors

Article | March 17, 2020

Nokia may be best known for cellular phones, but in recent years the Finnish company has focused on networking hardware — the radios and infrastructure that connect cellular devices to the internet. Today, Nokia announced that it’s augmenting its Worldwide Internet of Things Network Grid (WING) with new 5G capabilities, enabling cellular carriers to offer global-scale 5G IoT services to customers without building out their own networks. While that’s a lot of jargon to absorb at once, the gist is that carriers like AT&T and Verizon want to offer business customers the ability to connect small IoT sensors to the internet but don’t necessarily want to spend the money to build the cellular infrastructure the sensors need to communicate. So Nokia offers WING as a global IoT infrastructure, partnering with carriers to sell access on a pay-as-you-go basis.

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How Retail Security Can Welcome IoT Innovations Without Putting Customers at Risk

Article | March 11, 2020

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.

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IoT Standards and Protocols Explained

Article | April 13, 2021

For businesses, the transformative power of IoT is increasingly significant with the promise of improving operational efficiency and visibility, while reducing costs. However, IoT does not come without risks and challenges. While concerns over security and data privacy continue to rise, the lack of IoT standards remains one of the biggest hurdles. The increasing number of legacy, single-vendor, and proprietary solutions cause problems with disparate systems, data silos and security gaps. As IoT successes become more dependent on seamless interoperability and data-sharing among different systems, we want to avoid the scenario of a fragmented market with numerous solutions that simply don’t work with each other.

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Automotive Sales: Improving the Customer Experience Using IoT

Article | April 7, 2020

Customer touchpoints throughout the automotive sales cycle are prime candidates for IoT innovation. Across the board, the data derived from these IoT applications have the capability to provide insights and actionable outcomes which can significantly improve the customer experience. When a customer arrives at a dealership, it may be difficult for the dealer to know if they have what the customer is looking for. For instance, a customer might be coming in to see a particular vehicle, test-drive a car they’ve already seen, or to casually browse their options. Without any data behavior on the customer beforehand, sales personnel or the dealership may not be properly equipped to handle the customer’s request. Perhaps a requested car is no longer on the main show floor for immediate display but instead buried somewhere in a backlot. Maybe another car that was requested for a test drive may not yet be properly serviced for operation. These are only a few of the challenges associated with automotive sales that IoT is capable of helping to improve.

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Spotlight

ClearConnex

ClearConnex specializes in finishing any wireless device project ahead with expert engineering services that build upon innovative product platforms. To start projects ahead, ClearConnex provides a proven set of licensable software and hardware products as customizable building blocks. This approach combines the flexibility and functionality of custom development with the cost effectiveness of an off-the-shelf solution, an industry first.

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