IoT

Nearly 70% of retail decision makers surveyed are ready to make changes to adopt the Internet of Things (IoT), and 65% plan to invest in automation technologies for inventory management and planogram compliance by 2021.

At an event in Dublin this week, a vision of the future was presented for the logistics and supply chain sectors, these are industries which, despite the constant chatter about optimization, streamlining and technology, remain bloated and inefficient.

Chris Swearingen, manager of SenseAware at FedEx, gave a talk titled "How Innovations in Manufacturing and Supply Chain are Redefining Mobility and Reshaping the Globe" he spoke about the company’s “internet of things” product SenseAware and how it is driving supply chain optimization.

With the abundance of cloud, big data and analytics, social business, and mobile resources - often called the 3rd Platform - there is a surge to bridge digital technologies with operational, organizational, and business models.

SAP IoT connects the world to enable live business with a €2 Billion investment plan, new innovations, acquisitions and network of SAP IoT labs to unlock next wave of value from the Internet of Things.

The MPI Internet of Things Study, sponsored by BDO, indicates 49% of manufacturers are unsure or not confident in their ability to prevent a cybersecurity breach at their company, and 84% are not planning to take tax credits available for IoT investments.

Cisco Systems Inc., the largest maker of networking equipment, said it will acquire closely held Jasper Technologies Inc. for $1.4 billion, bolstering its offerings in the growing market for technology that lets people manage devices over the Internet.

Beyond smart trucks, the next evolution of IoT logistics will see the entire supply chain linked with connected things, the Internet of Everything, and with falling costs for smart tags, pallets will talk to trailers, containers will talk to trucks and fleets could talk to fleets.

The tech world is abuzz with how the Internet of Things (IoT) will change everything - usually for the better; it could be the dawn of incredible connectivity, speed and efficiency.

According to the infographic by Harbor Research and Postscapes, technology employed within the home is expected to have the greatest revenue implications going forward, however the IoT will also have a role to play in health, transportation, the creation of 'smart' cities and much more.

From passenger security and fleet management to assembly processes and delivery times, the transportation and logistics industry needs solutions that move its people and cargo safely and efficiently.

A new study finds the manufacturing industry is ready for the Internet of Things, with 83% of surveyed manufacturers either already using IoT technologies or planning to deploy within a year.

Rapid improvement suggests the lift truck could be among the most important things in the Internet of Things.

Warehouses, a key link in the supply chain, need to embrace Internet of Everything to reduce equipment damage and create an error-free process.

The Internet of Things (IoT) is quickly moving beyond being just a trendy, hyped technology to reality.

Acquirers accelerate position-taking in the fast-moving segment - $14.8bn so far this year to acquire almost 40 IoT-related companies, with semiconductor deals leading the way.

While preaching an interconnected world, the technology giant is looking for the benefits at one of its own production sites.

Smart homes, connected cars, and intelligent factories have become mainstream, these innovative assets, built and driven by harnessing big data and predictive analytics, create consumer and business environments where “I Want What I Want When I Want It” is not only justifiable, but increasingly the societal standard.

A new Trend Report published by DHL and Cisco Consulting Services concludes that the ‘Internet of Things’ offers “huge potential for more efficient and transparent supply chains”.

The Internet of Things (IoT) promises to connect all sorts of stuff to the Internet, from fridges and thermostats to factory equipment and wind turbines. And the big data those things produce promise to deliver new insights and cost reductions across the entire business ecosystem.