Nearly every aspect of modern life generates data: smart watches monitor steps and heartbeat, smartphones can track our location at any time, as well as what we are considering buying. Some insights are beneficial for the customer while others benefit the product maker. This technology…
Combining machine learning and IoT is leading to a steady rise in the use of digital twins in supply chains. These digital twin models have different applications. Sensor-generated real-time data establishes the connection between the virtual and the physical model. Data lakes, IoT, and machine…
We are seeing a variety of innovative IoT implementations. The Digital Transformation Revolution is well under way. Even though most of our infrastructure is already in place, there are still many parts that need to be connected. The industry will only reach its true potential…
The Internet of things technology is revolutionizing industries across the board. Businesses are thriving to their full potential with IoT-based solutions. This increases productivity. As the services are more quality-based than quantity, customers have been extremely satisfied. How are different industries making this possible? It…
A recent, somewhat alarmist, newspaper article warned that the lives of millions of people were at risk because of a cyberattack at one the largest hospital chains in the United States. Click-baity? Yes. But is this scenario a real risk? Definitely. Cybercrime is a real…
The Internet of Things connects people, products, and places. Therefore, it brings about opportunities for value creation as well as capture. IoT analytics uses data created by millions of devices to turn insights into critical action. It can have a drastic impact on business processes…