How to make the most of IoT in the restaurant business

IOT
restaurant iot

The Internet of Things (IoT) has been dominating the headlines lately, unfolding on many fronts across the globe. This post from Vikash Kumar Chaudhary of Tatvasoft.com sums up how a restaurant owner, purveyor, or grower can make the most of this tech to automate all the tedious tasks and focus on something else. If we take a close look at the hospitality sector, I am sure you will find it entirely driven by the customer service. The only challenge is how to harness the power of digital transformation in the…

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Why the Internet of Things needs Artificial Intelligence

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data IoT

Artificial Intelligence (AI) and the Internet of Things (IoT) are terms that project a futuristic and science fiction image; both have been identified as causing disruption in business in 2018. In fact, says Harnil Oza, CEO of Hyperlink InfoSystem, both concepts are more real today than they have been at any time in the past. However, for companies to be aware of the full potential of the IoT, then IoT has to be merged with Artificial Intelligence (AI) technologies that advance rapidly. This allows “intelligent machines” to think for themselves…

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How the Internet of Things improves financial investments

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IoT Finance

Can smart technology lead to smart investing? There is ample evidence that this is the case, says Marc Weisberg, managing principal for Soho Investment Partners, given the prominence and proliferation of the Internet of Things (IoT) over the past few years. While there were 15 billion connected devices in 2015, one estimate is that there could be as many as 20 billion by 2020. Sales of IoT devices, meanwhile, rose from $18 billion (€16 billion) in 2009 to $1.1 trillion (€0.97 trillion) by 2017. That figure will likely reach $1.7…

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Top IoT start-ups across industries

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iot start up

IoT proves to be a transformative force for many businesses, regardless of industry. Yet, there are a few sectors that can benefit from this concept in particular – and both start-ups and small to medium-sized enterprises (SMEs) seem to be well aware of that, as new ventures offering powerful IoT solutions emerge. Before digging deeper into the Internet of Things, meet top IoT start-ups within rapidly developing industries, says Emil Waszkowski, growth manager & business analyst at Future Mind. Until recently, advanced IoT solutions were only reserved for large companies…

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How is IoT shaping enterprise mobility?

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iot mobility

The world of technology is coming out with new future concepts like Artificial Intelligence (AI), Machine Learning (ML), the Internet of Things (IoT) and the list goes on. Also, says business analyst Elisha Swisten, there are some ingenious technologies that have a practical aspect of how the world runs. The widespread adoption of the IoT has already made a serious impact on the way organisations are using connected devices to drive the business. Among these, the enterprise mobility is becoming more modernised as a result of IoT involving a mixture…

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Children are no longer sleeping in class, chickens prosper, and drugs do not spoil

IOT
IQRF Summit 2019

Environmental monitoring is beneficial in a wide variety of areas, and due to IQRF Alliance members cooperation, projects are implemented quickly and efficiently. The new IQRF Alliance member – České Radiokomunikace a.s. – provides low-energy long-distance communication and an integration platform. Representatives of companies will present using LoRaWan™ and IQRF® as complementary technologies in a specific energy project at the IQRF Summit. Michal Ruda, Business Development Manager IoT, České Radiokomunikace a.s.: “The LoRaWAN™ network and its equipment, combined with the IQRF® mesh network, provide perfect synergy for complex IoT solutions…

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World’s first full size autonomous electric bus

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Volvo 7900 Electric bus

Volvo Buses and Nanyang Technological University (NTU) in Singapore have demonstrated the world’s first 12-metre autonomous electric bus. The Volvo bus will soon begin trials on the NTU campus. The 85 passenger Volvo 7900 Electric bus is equipped with sensors and navigation controls that are managed by a comprehensive artificial intelligence (AI) system. Ensuring maximum safety and reliability, the AI system is also protected with cyber security measures to prevent unwanted intrusions. The Volvo bus has undergone preliminary rounds of rigorous testing at the Centre of Excellence for Testing and…

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Nokia intros IoT starter packs for operators to target agriculture, livestock, logistics

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Nokia IoT agriculture

Nokia has introduced four ready-made IoT packages to help mobile network operators go after the agriculture, livestock management, logistics, and asset management markets. Its new IoT packages – available “off-the-shelf” and “as—a-service” – will drive new revenues for operators, with “minimal investment and less risk”, it said. The four new IoT solutions make use of Nokia’s Worldwide IoT Network Grid (WING) infrastructure, which bundles global IoT connectivity, devices, applications, and support. WING is available to operators on a “pay-as-you-grow” basis, said Nokia. Its new smart agriculture solution includes sensors and…

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5G multi-mode chipset and 5G CPE Pro launched by Huawei

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Huawei 5G CPE Pro launch

Huawei has launched its 5G multi-mode chipset Balong 5000 – along with the first commercial 5G device powered by it, the Huawei 5G CPE Pro. The company claims that together, these two new products provide “the world’s fastest wireless connections for your smartphone, your home, the office, and on the go”. Be that as it may, this chipset supports a broad range of 5G products in addition to smartphones, including home broadband devices, vehicle-mounted devices, and 5G modules. “The Balong 5000 will open up a whole new world to consumers,”…

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Zeppelin cuts factory engine failures with predictive IoT maintenance

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Splunk Enterprise

Splunk Inc, reports that Zeppelin GmbH, is using Splunk Enterprise to reduce the risk of factory shutdowns and predict machinery and equipment maintenance. Zeppelin provides solutions in the following areas: construction machinery, mining machinery, agricultural machinery, rental machinery, construction logistics, construction site management, drive, propulsion, traction and energy, engineering, and plant engineering. It also develops new digital business models for the construction sector. The Zeppelin Group has 190 sites in 35 countries and generated a sales volume of 2.75 billion euros in the 2017 financial year; more than 8,000 employees…

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ETSI CIM group releases full spec for context information exchange in smart cities

IOT
wireless IoT applications

The ETSI Industry Specification Group for cross-cutting Context Information Management (ISG CIM) has just released its main specification GS CIM 009 for NGSI-LD API. It is particularly targeting smart city applications and government services (use cases available in GR CIM 002). This concludes two years of work, including industry feedback on the preliminary release made in April 2018. The name “NGSI-LD” refers to early work of the Open Mobile Alliance in defining high-level NGSI interfaces as well as advances from the Linked Data community. A significant amount of the data…

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The Linux Foundation launches new LF Edge to establish a unified open source framework

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LF EDGE

The Linux Foundation, the nonprofit organisation enabling mass innovation through open source, announced the launch of LF Edge, an umbrella organisation to establish an open, interoperable framework for edge computing independent of hardware, silicon, cloud, or operating system. LF Edge is initially comprised of five projects that will support emerging edge applications in the area of non-traditional video and connected things that require lower latency, faster processing and mobility. LF Edge includes Akraino Edge Stack, EdgeX Foundry, and Open Glossary of Edge Computing, formerly stand-alone projects at The Linux Foundation.…

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Exploring wireless IoT applications within industrial automation

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wireless IoT applications

The technologies associated with the Internet of Things (IoT) and machine to machine (M2M) connectivity are enabling a new wave of wireless networking applications within the industrial automation sector. According to the latest global market study by Berg Insight, annual shipments of wireless devices for industrial automation applications reached 4.6 million units worldwide in 2018, accounting for approximately 6 percent of all new connected nodes. Growing at a compound annual growth rate (CAGR) of 16.3 percent, annual shipments are expected to reach 9.9 million in 2023. Moreover, the installed base…

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Water utilities forecast to propel growth with global smart meter revenue to reach US$14bn by 2026

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Water IoT

Water and gas meter shipments will see double-digit revenue growth over the next five years. If this market forecast comes true it will be welcome news in a market where smart electricity shipments are contracting and greatly slowing growth of overall revenues across the entire metering segment. According to ABI Research, energy and water utility meter installations will result in annual shipments of 151 million smart meters in 2018 and will grow at a compound annual growth rate (CAGR) of 3.2% to reach 193 million units by 2026. The figures…

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IQRF Summit 2019

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IQRF Summit 2019

The fourth edition of IoT conference with the IQRF® wireless network technology will bring news from the world of industry, smart cities and buildings. Members of the IQRF Alliance face new challenges from a wide range of areas of life, such as healthcare, breeding or farming. At the conference, you can personally meet with representatives of companies providing for example parking, lighting or air quality monitoring, and find out which solutions are already available on the market. In an informal setting of afternoon networking, you can easily discuss your ideas…

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