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The Macroeconomic implications of the Internet of Things

March 1, 2016

Economic growth is the monetization of human effort. Originally this effort was physical and primarily the conversion of raw materials into goods, which added value as the result of human physical effort. The core purpose of capitalism is to add value to human effort. The Gross Added Value of a country is usually called nominal GDP, and consists of net profits plus wages and salaries

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Viloc NV

Viloc is the solution for automated tool management in the construction industry. Viloc places tags on construction tools (e.g.: drills, grindsaws, safety equipment,...), so they connect automatically to the internet. This way, our customers can easily, by means of a web application, follow the status and location of their tools!

OTHER WHITEPAPERS

IoT Edge Controller

whitePaper | November 14, 2019

The Internet of Things (IoT) affects many industries as connected devices streamline business processes and add entirely new revenue streams for global organizations. By creating strong trusted relationships between things, systems, data, and people, organizations can introduce more personalized, automated, and enhanced experiences for their customers and generate new revenue streams.

Connecting the Pneumatic Circuit Basics and benefits of connecting pneumatics to the Industrial Internet of Things

whitePaper | July 22, 2022

Norgren is part of global engineering organization IMI plc. IMI is at the forefront of delivering the solutions we need in a changing world and is focused on creating tremendous value by solving key industry problems in attractive markets and employing the best.

Different Dimensions of IOT Security

whitePaper | December 20, 2019

IOT is wirelessly connecting things to the internet using sensors, RFID’s and remotely accessing and managing them over our phone or through our voice. IOT uses various communication protocols such as Zigbee, 6LowPan, Bluetooth and has bi directional communication for exchange of information. The database for IOT is cloud which is also vulnerable to security threats. The increasing amount of popularity of IoT and its pervasive usage has made it more recurrent to prominent cyber-attacks such as botnet attack, IoT ransom ware, DOS attack, RFID hack.

AWS IoT Lens

whitePaper | December 25, 2019

The AWS Well-Architected Framework helps you understand the pros and cons of the decisions you make when building systems on AWS. Using the Framework allows you to learn architectural best practices for designing and operating reliable, secure, efficient, and cost-effective systems in the cloud. The Framework provides a way for you to consistently measure your architectures against best practices and identify areas for improvement. We believe that having well-architected systems greatly increases the likelihood of business success.

Forecasting the Future of Genomic Data Management

whitePaper | August 14, 2023

Genomics is the study of the complete set of DNA in a person or other organism. DNA underpins a large proportion of an individual's health and disease status, therefore a genomic medicine approach is increasingly being applied in clinical settings.

White paper - Connected Cars - Smart transport

whitePaper | January 15, 2020

A new revolution is brewing in the bosom of IoT that would connect things from all over together. And with this motto of reformation and transformation, IoT is connecting all the cars and making them smarter for a smart and intelligent future. A smart cityscape for a bright future needs smart mobility and therefore we developed an innovative solution to drive the future in the present ecosystem of transportation.

The Macroeconomic implications of the Internet of Things