Digital twins can play a vital role in improving the customer experience by optimizing security implementation, in-store planning, and energy management. According to Challenge Advisory, a strategy consultancy, digital twins can play a significant role in enhancing customer service by designing a virtual model of customers.
Empty shelves, masses of customers in the store, and no supplies in sight: the night-mare of every retailer. Customers are not very tolerant of so-called “out-of-stock situations”, as they can also purchase their products through other channels.
The right security and privacy safeguards can help businesses realize the potential of IoT but how do companies know if their privacy and security safeguards are sufficient? IoT compliance certifications can help as standards evolve.
Amazon has thrown down the gauntlet to the classic retail trade with its “Just Walk Out” high-street stores. This scared traditional traders but, while China is mobilizing billions to compete, Europe is relying on its culture of regionally fissured markets that has grown over centuries. It is a weakness and a strength at the same time.
Smartphones, automation, and artificial intelligence are helping revolutionize how banks deliver services, but these technologies may also prove the undoing of the traditional players. Will today’s big banks retain market dominance, or will upstarts and apps fragment the banking sector?
The border protection industry is now on the cusp of seeing major new products and technologies appearing that could result in more secure and efficient borders for both passengers and trade.
Smart Industry asked two industry heavyweights to share their out-look on where the IoT industry is heading: Dr. Gunther Kegel, president and CEO of Pepperl+Fuchs and Frank Hansen, vice president for technical resources and marketing at Avnet Silica.
The use of advanced data analytics, powered by AI, is helping humanity to address climate change in an intelligent way.
Internet of Things (IoT) is much more than the verbiage describing the interconnectivity of many “smart” sensors and devices. IoT’s advocates argue that its real power of IoT.
The IoT company Telenor Connexion has investigated what impulses for sustain-ability will emanate from a networked economy. The new IoT Trend Predictions Report 2020 highlights the role the Internet of Things will play in the fight against climate change.
Global IoT-Provider ORBCOMM announced that the Argentinian IoT company Ponce will utilize their satellite IoT technology. Ponce specializes in agricultural efficiency, helping farmers throughout Latin America gain substantial cost savings and preserve water through its irrigation solutions.
Nordic Semiconductor announced that Dutch engineering and design specialist, SODAQ is using a Nordic System-in-Package (SiP) in the world’s first solar-powered, perpetual operation cellular IoT asset tracker.
Nokia announced that it has been selected by China Mobile IoT (CMIoT) – a subsidiary of the China Mobile Communications Corporation – to ensure delivery of IoT connectivity and services to the companies customers across China and globally.
Angelpaw, the global leader in cloud SaaS software that empowers pet crematoriums, veterinarians and pet parents, today announced the world’s only Radio Frequency Identification (RFID) real-time pet tracking platform.
Vodafone’s R&D team have built a prototype smart product recall system that allows manufacturers to notify consumers of recalled faulty or potentially dangerous electrical goods, and shut them down remotely if needed, including tumble dryers, washing machines, fridges and freezers.
![Gerd Leonhard](/wp-content/uploads/2016/06/Gerd-Leonhard-e1536258315185.jpg")
