Sponsored News: SaaS solution shifts support burden fromTelcos, ISPs and Customers to AI-Based Self-Care

NEW YORK – January 22, 2020 – Veego Software, an Israel-based startup that puts an end to malfunctions in the connected home, today announced the Veego Self-Care solution based on artificial intelligence (AI) and other advanced technologies, enabling real-time self-support in the [...]

With an estimated 29 billion connected devices expected to be in operation by 2022 – and over 75 billion Internet of Things (IoT) devices anticipated to be in use by 2025 worldwide – the Internet of Things is a major consideration for forward-thinking enterprises.

Every second, 127 everyday items are connected to the internet, according to McKinsey & Company. From home security systems, dishwashers and washing machines to wearables, autonomous vehicles and much more, the integration of connected technology into our daily lives is quickly becoming a reality.

Forrester’s 2020 predictions identify key market dynamics that will impact companies’ growth in the coming year. 2020 will be the year that moves leaders’ attention to adaptability: the ability to understand and anticipate market dynamics — and rapidly exploit opportunities, both big and small.

Still considered to be in the early, high development growth stage, the UK home automation market has doubled in size between 2014 and 2018 according to a report recently published by AMA Research. 

From managing inventories to improving personalised shopping experiences and assisting in data mining, AI (Artificial Intelligence) and IoT (Internet of Things) is transforming how people do business today. 

Essence Group, a global provider of IoT and cyber security platforms, has completed its new automated production line with long-term partner, Flex Ltd, the global manufacturer. The collaboration combines their expertise in production, Internet of Things (IoT) and artificial intelligence (AI) to create an advanced automated manufacturing line.

Aspen Technology, Inc., a global provider of asset optimisation software, has signed an agreement to acquire Mnubo Inc., a Montreal-based provider of purpose-built artificial intelligence (AI) and analytics infrastructure for the Internet of Things (IoT). Mnubo enables industrial companies to assemble and deploy AI-driven IoT applications quickly, at enterprise scale.

The field service industry continues to evolve from a traditional, tactical business function of installation, maintenance and repair into a strategic revenue generator and competitive differentiator.

Workforce augmented reality: After 15 seconds the brain forgets information completely. When the brain is pushed to work faster, information is forgotten at a faster rate along with mental fatigue.