Traditional businesses are projected to be disrupted and revolutionized at an unprecedented rate as the Internet of Things (IoT) emerges. These new technologies have the potential to benefit the insurance business, which has been hesitant to adapt in the past. Before we get into how the Internet of Things will [...]
The rise of the Internet of Things (IoT) as a primary data contributor in big data applications has posed new data quality constraints, necessitating the creation of an IoT-inclusive data validation ecosystem. In a big data application, standardized data quality methodologies and frameworks are available for data acquired from a range of sources [...]
The Internet of Things (IoT) has been expanding in various fields in recent years as a result of technological advancements that ignited the digital revolution by connecting nearly every item or piece of equipment we use to the internet. The use of online banking services has become unavoidable because of [...]
Many enterprises have intertwined internet-of-things (IoT) solutions to enhance operational processes, augment digital capabilities, and segregate products & services. However, as enterprises install a varied array of IoT projects and use cases, each with unique requirements, many encounter challenges with using centralized cloud-based and data center analytic strategies. To transmute vast [...]
To keep up with the needs of consumers and shippers, the cold supply chain sector is constantly evolving. The suppliers of cold chain products had to acclimatize to the changing needs as people changed their consumption patterns. According to a report published on Allied Market Research, “The global cold chain logistics market is very vast, [...]
COVID-19 has brought the whole world in the eye of the storm and the impact it has had on our society and economy is unprecedented. It has driven enterprises to rethink the way they operate and work. According to McKinsey, “Before the COVID-19 outbreak, 92 percent of companies had been considering digital transformation [...]
Internet of Things, a term coined back in 1999 and a technology conceptualized back in the ‘70s, have now become one of the most prominent technology trends of the 21st century. If we look at the last three decades, the IoT development, adoption, and application have been underwhelming. But, as [...]
We can talk about the data-driven future all that we want. We can imagine a world led by smart machines that delve on insights derived from data. But, we would be stranded in the nowhere’s land if there is not sufficient data. Internet of Things or IoT is offering the means of generating [...]
There are a number of things that have changed – things that demarcate this world into pre-COVID and post-COVID. Technology is one of them. The outbreak has changed how people perceive technology and how much penetration of technology they want in their lives. People who were scared of trying autonomous vehicles and driverless [...]
McKinsey Global Institute research states that IoT can have an economic impact of $6.2 Trillion by 2025. According to Cisco, the economic value added by the “Internet of Everything” will be close to $19 trillion by 2020. The strong wave of technology is creating the unstoppable momentum for Internet of Things (IoT) that is [...]
