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?
Semtech Corporation and EchoStar Mobile announced the launch of an initiative to test satellite IoT connectivity services enabled by the LoRaWAN protocol.
IoT-Specialists Kerlink and AIUT just completed the largest LoRaWAN network in Poland for water-supply monitoring and management. The companies combine Kerlink Wirnet gateways and AIUT’s sensors.
IoT network services operator 1NCE increases the maximum available data rates for cellular device IoT communication for new and existing customers from 128 kbit/s to up to 1 Mbit/s.
MS Mode, a European fashion brand under the umbrella of parent company Cool Investments, plans to increase inventory accuracy with an RFID-based solution that tracks goods at its 185 stores.
Raspadskaya, a Russian coal mining company partly owned by British steel making and mining group EVRAZ, has deployed an Orange Business Services IoT solution at its Russian coal preparation factory.
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