Smart Business

Digital Twins: Competing Digitally

Digital Twins: Competing Digitally

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.

Intelligent Stock Management: The Networked shelf

Intelligent Stock Management: The Networked shelf

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.

IoT Compliance Certification: Control is Better

IoT Compliance Certification: Control is Better

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.

IoT and the Future of Retail: Done Dunning

IoT and the Future of Retail: Done Dunning

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.

FinTech Banking on IoT

FinTech Banking on IoT

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?

Customs and Border Protection: IoT Gets The Goods

Customs and Border Protection: IoT Gets The Goods

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.

Interview Gunther Kegel and Frank Hansen: Connectivity is the Big Game-Changer

Interview Gunther Kegel and Frank Hansen: Connectivity is the Big Game-Changer

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.

Climate Change and IoT: How to Save the World

Climate Change and IoT: How to Save the World

The use of advanced data analytics, powered by AI, is helping humanity to address climate change in an intelligent way.

The Power of IoT: A new “Systems Approach”

The Power of IoT: A new “Systems Approach”

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.

Sustainable IoT: The right Balance

Sustainable IoT: The right Balance

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.