Every possible entity, whether it is a machine, a satellite, an object that performs their tasks independently using the internet as a medium, has to transfer relevant data. IoT has been the latest leap of faith made by humans. We are basically allotting essential responsibilities to intelligent machines. But, will the internet of things (IoT) […]
Tag Archives: Internet of Things
How IoT Changes Banks and FinTech Companies
Can financial services benefit from the Internet of Things? Absolutely, and to the fullest extent. Not only for gathering more and better data about assets but IoT also changes the way we access banking and manage wealth, invest, and monitor assets. Let’s see how IoT changes banks and FinTech companies. To improve efficiency and customer service, […]
3 Ways to Navigate Regulations in the Robo Revolution
Robots seem like the stuff of science fiction. NASA’s new LEMUR robot, designed to climb rock walls on Mars, is no exception. But here on Earth, the forward march of automation continues, transforming business and society. But there’s a barrier holding us back from realizing the full potential of emerging tech: regulatory bottlenecks. Regulations are […]
Break the Mold with Real-World Logistics AI and IoT
We have been talking a lot, lately, about the Internet of Things (IoT) and Artificial Intelligence (AI). So much so that it’s now difficult to differentiate the real from the not-so-real or purely ‘marketing’ IoT and AI. Data mining isn’t AI. Marketers have been doing it for a good three decades, and others likewise. It’s […]
Why Latin America is Ready for IoT Growth
Smartphone adoption is sweeping across Latin America, making it a prime location for new technologies. The Internet of Things industry, in particular, is gaining speed in the region. Micromarket Monitor forecasts that the IoT sector in Latin America will increase from US$14.2 billion in 2013 to US$44.4 billion in 2019. It is good to know […]
IoT Developments and its Effects on the Job Market
We are all, in one way or another, the offspring of the technological era. We depend on our jobs for our very livelihood. Moreover, the fear of losing our jobs due to the continuous advancements in technology grips a great many people. With the continuous evolution in the field of IoT (Internet of Things), where […]
Five Ways to Close the IoT Skills Gap
Businesses around the world are dealing with an IoT skills gap. The numbers speak for themselves. According to a report by Inmarstat, 76% of companies surveyed need additional senior, strategic level staff with skills in IoT, and 80% did not even have the IoT skills required to ensure their IoT solutions work as intended. But […]
3 Ways the IoT Can Offer Innovative Solutions to Serious Environmental Problems
Effective environmental solutions are overdue, and the IoT provides several, aligning businesses’ and environmentalists’ interests in meaningful ways.
How IoT Will Change Content Marketing
The IoT market is growing at an explosive rate. Gartner predicts there will be 20.4 billion IoT devices by 2020. In 2016, global spending on the IoT across markets was US$737 billion. IDC says this number will reach US$1.29 trillion by 2020. One area that many may not think IoT has an impact is marketing. […]
Looking to Disrupt? A Digital Optimization Won’t Cut It
From blockchain and AI to the emerging IoT, businesses are investing in technology and improving outcomes with every dollar spent.
Top 10 Latin American IoT Startups to Watch
IoT is taking the world by storm and rapidly gaining ground. In 2015, there were about 15.4 billion connected devices. IHS says this number will grow to 30.7 billion in 2020, and 75.4 billion by 2025. As the demand for connected device technology increases, so does the number of emerging IoT startups. But it’s not […]
How IoT is Infiltrating the Real Estate Market
The Internet of Things is seeping its way into many different industries as more and more connected devices are popping up in everyday items. The real estate industry is no exception as it too is seeing an IoT boom. Internet of Things refers to an infrastructure of technology where devices, such as lighting systems, thermostats, […]
3 Surprising Benefits of the Cloud in IoT
It’s no surprise that companies implementing dynamic IoT solutions are doing so by harnessing the power of cloud computing. However, it may surprise you how cloud computing is benefitting these IoT initiatives. When referring to the cloud, many talk about its scalability, cost-effectiveness, and low maintenance, yet the cloud has so much more to offer […]
Nearshoring in Latin America – Ecuador
Nearshoring is a way to increase a company’s capacities while avoiding problems implicit in a typical offshoring relationship. We’ve covered the advantages and downsides of offshoring for the software development industry in another article. For more context, this article is the first in a series on nearshoring in the diverse countries of Latin America. We compile as much […]
IoT, AR and AI are Found Revolutionizing the World of Mobile Apps
Used creatively in hitherto unheard of sectors, the Internet of Things (IoT) shows no sign of slowing down especially in the mobile app realm. As never before in time — it’s ubiquitous. You can explore the Android or Apple store all by yourself. Whether it’s about booking a cab or ordering some food, making a […]
Overcoming the Last-Mile Commute Challenge with the IoT
The last-mile challenge is one faced by both delivery services and commuters. Initially used in telecommunications, the term “last mile” then began to describe the last leg in the supply chain. Now, many use the word to describe the final leg in a work commute. Surveys show that 143 million Americans aged 16 and older […]
Nearshoring Basics for Software Development
Globalized markets provide opportunities for thinking outside the box on labor questions — or even outside borders in the form of nearshoring. The past few decades have seen a boom in outsourcing to far away places. It’s been a useful strategy for some companies looking to increase profits by reducing payroll expenses. Other companies want […]
How IoT and Big Data Applications Will Revolutionize Our Smart Cities
There’s no doubt about the fact that cities have evolved a lot over the past few years. They’ve transformed from small enclosures within walls to slouching metropolises which are home to millions of people. Not only have their sizes and nature changed but Smart Cities have also been able to provide the best environment for […]
Customers are Making Traditional Transport Movement Obsolete, Fast
Let’s get down to the basics before we delve in more advanced tech. What is a business? An entity that offers a solution (or a set of solutions/products) to more than one customer. It caters to a defined or latent need. It offers this ‘value’ and accepts value back as compensation (money, time, or now, […]
Sharing Economy 2.0: Technology is Removing the Need for Single Asset Ownership
The definition of the sharing economy varies usually depends on who you ask — or what site you search. You will find that the definition often includes the sharing of a good or service through an online platform. The truth is, the sharing economy has existed for centuries. Communities historically shared limited resources instead of […]