While convenience plays a big role in why enterprises are driven to Internet of Things (IoT) solutions, 54% of enterprises cite cost saving as the reason for the switch. The caveat for enterprises, says freelance writer Jocelyn Brown, is the reliance on cloud-based computing for storage, processing, and even accessing information.
As a digital economy breaks down boundaries between industries, supply chains, employees and customers, we will see new remote access technology creating interconnectivity between companies, workers and consumers in 2018. Company support staff will be able to ‘remote in’ to cars and set-top boxes,
The term, ‘smart building’, is bandied about quite a lot. But what actually qualifies a building as smart? Ultimately, it comes down to having purposeful visualisation of data. It’s not about hoarding data, but rather having a clear reason to collect the data in the first place. People should always ask ‘why’ they need the data — and the reason is different [...]
Valued at one trillion dollars, the global Internet of Things (IoT) market continues to garner keen interest from innovators, receiving a record $1.4 billion in venture capital in 2016. But barriers to its adoption in the enterprise seem to keep the sector in the hype zone,
Digital twins are not a new thing. Companies have been using a virtual representation of a physical asset for years, but it’s only with the Internet of Things that they’ve become truly accessible and cost-effective.
At the FT-ETNO Summit held in Brussels, Huawei executive director and Products & Solutions president Ryan Ding said, “5G will be one of the cornerstones of industry digitalisation. A single global standard is vital.”
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