How IoT Technology Can Save On-Land Retailers

Despite the fact that IoT technology still has some grave issues of its own, but the potentialities of this great and rising technology are also numerous. While security-related issues will surely be fixed eventually, and the only thing that will be left after that is the full-fledged benefits IoT has to offer. You might not clearly know as of now but IoT is expected to play a very crucial role in saving the integrity, and the overall business, of land-based retail stores. How’s that possible when IoT is more about facilitating features/functionalities which rely on the web-based connectivity? Well, stick with us to know how IoT can help save brick-and-mortar store industry (important if you have one as well).

 

 

One of the major reasons for making such a speculation is to see the current trends of shopping. The consumer of the 21st century is more inclined towards user-friendly and eco-friendly ways of things. The boom of online convenience and money-saving shopping trend brought on by the Amazon Inc., in the mid of 1990s, entirely reformed the meaning of shopping.

 

Now, in the decade of 2010’s, customers are more likely to go for an online shopping place rather than killing their comfort to go downtown and buy from a brick-and-mortar store. Sounds like a drastic news for on-land retailers, right? But over here comes IoT technology in the play to secure and procure the integrity, and the businesses, of brick-and-mortar stores in this age of “Digital Revolution.”

 

Land-based retailers can utilize the help of IoT-powered applications that can intelligently manage the stock, use “smart” order tracking techniques, efficient product management via IoT sensors and lots of other functionalities. Using these, and other IoT features exclusive to land-based retailers, our brick-and-mortar stores will undergo a transformation which will make them almost similar to what online stores are.

 

But adopting IoT technology, even for retailers, takes us back to the currently most concerned questions regarding IoT’s sanctity: What would be the security risks which both the customer and store owners had to cope with? How will the crucial consumer data and financial information be kept safe from all possible unethical hackers? These are some of those concerns that are as legitimate in the IoT industry as its remarkable tally of benefits.

 

First off, on-land retailers who are looking to deploy commercial IoT solutions must need to have a concise and concrete security strategy. This also includes the purchasing of only the most reliable IoT devices and network providers out there. Store owners should seek the help of professional IoT/M2M service providers in order to make their devices and network highly secure. A monthly maintenance plan should be in place to cover up any-known loopholes in the deployed IoT devices. As far as data is concerned, it should be encrypted with the highest encryption technology possible.

 

Once the security and privacy concerns are precisely met, retailers can then move on to provide a variety of beneficial experiences to keep attracting customers to their stores. Some of the benefits IoT can give to a brick-and-mortar store we have described briefly above, but the list is really too big to be included in this minor article. Therefore, if you have a land-based store of your own and worried about what would become of your business in this digital age, look no further then IoT technology to your rescue.

Why Is Big Data Crucial For IoT Industry?

The landscape of the internet has been shaping since its inception in the early 1990s. However, technologies of that time were quite simple and easier to understand/implement, if we judge from the changes that are shaping the web world today. In the 1990s, the internet was able to connect approx. 1 billion devices by utilizing much-backward dial-up modems. Now, the coming of the IoT technology has got the finest tech researchers to estimate a 21 billion devices connectivity by 2020. That is almost 10 times greater than the number of connected devices in the early era of the internet. But coming back to IoT technology, do you know what is central for the IoT technology itself in order to provide connectivity to all those predicted devices? The answer is “Big Data.” What role will data play in the progress of IoT? Let us tell you in details.

 

If you just read the basic definition of the Internet of Things, you will at once get a vague idea of the role data, and exclusively the big data is going to play in its global utilization. IoT is known as a network, which not only connects the traditional web-enabled devices like computers, mobile phones, tablets; but the more sophisticated and wide range of physical objects including but not limited to, vehicles, home appliances, machines, healthcare devices and etc., through the internet.

 

The latter tally of things that now can be operated independently and intelligently on their own via IoT has got a new name: Smart Things. To run every IoT-powered device out there properly, IoT providers must become excellent in recognizing, managing, securing, and processing huge amounts of data that will be crisscrossed between the connected devices and the remote IoT providing services.

 

Therefore, the immense number of connected devices projected by reputable technical researchers and analysts, for the future of IoT, neatly clarifies the importance which big data is going to play in making IoT a true success. According to another statistic on IoT data generation, it is estimated that IoT-powered devices will generate an approx. 44 Zettabytes of data by 2020. It is quite obvious that without proper, safer, and reliable big data processing, IoT technology is not going to go anywhere.

 

The data that is shared and processed online has lots of concerns associated with it; there are privacy issues for general consumers, corporate sectors, and the governmental institutions. That is why, along with the IoT, the advanced learning of data sciences and management has become a pre-requisite for every IoT solutions provider. The impact of big data, therefore, is unprecedented on the IoT and the upcoming new-age digital revolution.

 

Technology firms which will have a clear understanding of data management, have a clear and concise privacy policies and utilize reliably trusted IoT networks will be the only ones to succeed in what is supposed to be a multi-trillion-dollar industry of the future. In the end, I would like to just showcase a remarkable quote from the founder of Parlacom Brazil, a mobile M2M/IoT solutions provider:

“If anyone wants to join, and enjoy a piece of success from rapidly growing IoT; let them fully dive into the data sciences from head to toe.”

Clovis Lacerda

10 Most Impacting Technologies of 2010’s

Soo much to think! So much to write! So much to speak of! This usually is the emotion of almost any person who is tech-savvy and has been following the techno-trends since the last 7 years (if to speak correctly regarding the current decade). Anyways, what we will be going to explore in this brief narrative are the 10 most impacting technologies that are, if not founded, but came to full fruition in 2010’s of the Gregorian calendar (quick fact: Gregorian calendar system was devised by Pope Gregory XIII of Roman Catholic Church). Anyways, I was again being distracted from my focus: Let’s get to know the 10 most impacting technologies of 2010’s with ease and grace.

 

The Internet of Things (IoT) Technology -:

 

 

The Internet of Things Technology

 

Well, we might seem a bit biased by placing IoT on top of this list, but you have to understand that IoT is the field in which we have dedicated the last 15 years of our professional to-dos. OK! Let’s face it; putting IoT at the top does merit the technology’s almost fiction-like progress, specifically in the last 4 years or so.  Originally coined and defined in 1999 by one of the leading British technologists of the late 20th century – Kevin Ashton – IoT’s full potential has come to recognition only in the current decade.  The fact is it has already mesmerized technology gurus around the world with its most wide application range and scale of improvisations it will bring upon the implemented things. Make no mistake about it! IoT is not only a major technological breakthrough of 2010’s, but it will also shape and impact our future deeply, quite deeply!

 

The 360-Degree “View” Photography -:

 

360-degree camera

 

Now, our readers will definitely know that we are certainly not biased when it comes to talking about other technologies, in a proper order of impact, whether they are related to the main IoT or not. The emergence of 360-degree cameras has taken photography to a whole new level. Take for example the selfie, which now can showcase as a spherical image, capturing each and every dimension with a UHD-quality detail. Gone are the days when you need to set up various cameras to capture different angles of a single object, or alternatively you have to buy a highly expensive camera to do the same job single-handedly. The new 360-degrees sharp and compact “shooters” will make your photography a once-in-a-lifetime experience.

 

Smart of Things -:

 

smart technology

 

You should not get hysteric after reading the above heading; I just did a little creative curve 😊. But frankly, the “Smart” technology is far more creative and impacting then our sub-heading cliché above. Certainly, powered by the great IoT technology, smart technology is a technique which enables any connected device to act automatically and intelligently according to a given situation. Few examples are smart home appliances, smart vehicles, smart ATM’s, smart watches, smart cities, and etc. Make no mistake about it; smart technology is going to lead in all spheres of activities in the future.

 

The Drones -:

 

Drones

 

 

Despite being one of the oldest technology talked of on this page, drones have only come to true maturation in the current decade in which they have found a wide variety of application. Drones are already in-use by the American military in war-zones (which gets much criticism) but these autonomous flying machines have other remarkable benefits as well. For example, drones are now started to be used in agricultural development, security surveillance, and even for in-the-air transportation (or a flying taxi).  With such a rapid growth rate, one can only imagine what drones will come to do in the very near future …?

 

The Genetic Editing & Coding -:

 

Genetic editing

 

 

Sounds like a “Darwin” thing, no? Well, the revolution which was unleashed by Charles R. Darwin’s Origin of Species almost 150 years ago; little did Darwin could possibly have expected what further revolutionary turn will biological sciences shall have in the early decades of the 21st century. The face of biological science has been revitalized by the great advances happened in the exclusive field of Genetics. This decade let us saw the emergence of intentional “Genomic” editing in the living beings. This is not a “yadda yadda,” intentional genomic editing by the genetic-scientists is already opening up a whole new world of possibilities such as mutating the body chemistry to fight off literally untreatable diseases, or most amazingly; scientists could even end up producing a whole new species out of an existing one. Like I said, possibilities are limitless with biological sciences now.

 

Virtual Reality (VR) & Augmented Reality (AR) -:

 

VR and AR

 

 

Perhaps one of the most famous technologies to emerge in the decade of 2010’s, both AR and VR are currently at the forefront in “technology” town. Virtual Reality got its first true recognition in the 1970s when an American computer genius Myron Kruger coined the term “artificial reality.” That very same artificial reality becomes the virtual reality of today. Augmented Reality, on the other hand, is a more recent production of the early 1990’s. However, both of these technologies came to a head in the decade of 2010, and that’s what will always be considered the main starting point of these technologies for the rest of times.

 

Nanotech -:

 

nenotechnology

 

Properly known as “Nanotechnology,” it is one of the most amazing technological breakthroughs of the current decade. In a simple definition gleefully resides on Wikipedia:

 

“Nanotechnology (“nanotech”) is manipulation of matter on an atomic, molecular, and supramolecular level.”

 

Now, the hard meaning: considering the possibility of engineering complex systems and objects on a “super” molecular level, nanotechnology hits the extreme level of perception, both in being beneficial and destructive (in case of negative usage). The good is, for example, nanomaterials have shown great progress in benefiting medical science applications. On the other hand, the bad could be the breach of privacy when governments might use nanomaterials for surveillance, or more destructive can be the Nano-weapons that are tiny on a molecular level, but their power will be unparalleled by even the most intelligent computers on Earth. Nevertheless, every technology has its “goods” and “bads,” so considering that human intention plays a vital role, nanotechnology is a great advancement of the current decade if we just put it to good use.

 

True Quantum Computers –:

 

quantum computers

 

The second most important hypothesis ever developed in the history physical sciences, the development of Quantum Theory and its “Mechanics” are almost as old as Darwin’s theory of Evolution; over here there is a contribution of many notable scientific minds in world history, unlike the single-handed “Evolution” work. Now, in this glorious decade, and in the very same year of 2017, Quantum-powered computers are finally attaining those unsurmountable powers which were only lightly imagined before. Experiments undergoing at Google, Delft University in Deutschland, Intel, and few other companies, are showing a certain future of mega-super computers which will entirely revolutionize the field of computing. So, keep a watch!

 

The UE-Solar Power -:

 

solar power

 

Don’t misunderstand me! The above “UE” stands for “Ultra-Efficient,” and that’s what the following technology is all about. Again, a technology that first got its modern makeover in the second half of the 1800s, the true potential of UE-Solar Power has just emerged in the 2020’s. Solar power is considered as one of the eco-friendliest technologies, and it will play a crucial part in the conservation of our environment in the future. The technology has just started to show what possibilities it can do; we’ll only have to imagine for the future!

 

The First-Ever Complete Human “Cell Atlas” -:

 

human cell atlas

 

The final great technological breakthrough on my list is the construction of first-ever comprehensively-complete human “Cell Atlas.” It is dubbed as the most ambitious life science project of the decade due to the impact and magnanimity it reaches. This unimaginably huge construction of the entire human cell catalog will contain information about the whopping 37.2 trillion cells in human body. Never such a magnanimous undertaking has been done in the history of medical science. The project will be administered by a team of highly respectable genetic biologists from Israel, U.S., Japan, Sweden, U.K., and the Netherlands. The entire atlas is expected to complete within the next 5 years or so, and it will educate (for the first time) about the entire cellular structure of human body, right from the first to the last cell. Isn’t it amazing?

 

So, if I have missed any technology in this that you might know about (and I definitely will), please do not forget to enlighten me on that.

5 Ways IoT Is Advancing In, And, The Healthcare Industry

Healthcare industry and the Internet of Things have a deep relation, and this relationship is expected to go a long way into the future as well. The arrival of smart devices and wearable tech holds a promising future for the healthcare industry, and both these utensils are powered by IoT. To be very specific, devices such as smart wrist-bands or other health tracking devices can effectively collect the precise data about the patient who is wearing them.

 

Plus, with the help of IoT, doctors can remotely manage and monitor their patients making it easier to provide instant treatment in a serious condition. This will help lower mortality rates as well as disease-prevention effectively. So, let’s learn about the 5 ways in which IoT is not only advancing in, but also progressing the healthcare industry itself.

 

Smart Disability Aid -:

 

An IoT healthcare device is not only about saving a life, but it can also provide great assistance and aid to those persons who are disabled or have a chronic disease. These devices come in the category of health trackers, monitoring, or assistance providers. These can be a variety of wearable tech apparatuses which are worn by the patients.

 

For example, a health tracker worn on the elbow of a diabetic patient may continuously provide real-time crucial information about the person’s sugar levels. Likewise, a healthcare bot, an IoT-powered robot assistant, may well provide great assistance to disabled people in their home chores. Therefore, smart disability aid will be the future term of assisting disabled people with the help of IoT technology.

 

Accurate Condition Tracking -:

 

Another place where IoT will be playing a huge role in advancing healthcare industry, and itself within it, is the accurate patient condition tracking. These tracking devices are again from the wearable tech and other types of specific smart healthcare devices. For example, a doctor may effectively monitor, pursue treatment, and provide real-time recommendations to his/her patient via continues smart tracking. The great thing is that this technique can easily apply both on home and hospital environments. However, in a more complex hospital system, devices such as IoT-powered pacemakers can automatically provide assistance to the heart patients by intelligently reading the real-time tracking.

 

The Era of “Smart Surgery” -:

 

Yes! The era of “smart surgery” has definitely arrived. We have a very exclusive product here which will assist the surgeons: Smart glasses. Just a while ago, Google launched one of the world’s first smarty glass which was known as the Google Glass. The product, despite being highly anticipated by the public, failed on the commercial level.

 

But now, with the power of IoT and the Augmented Reality (AR), this smart glass has become a key component in the healthcare industry by assisting surgeons in remote surgery. Surgeons can now wear “smart” glass and headsets to conduct surgeries in virtual mode.  This holds a great promise for the future of surgery in medical science since it greatly reduces resources, time, and risk as well.

 

IoT for Medicine Quality & Counterfeiting -:

 

It has become a well-established fact by now that IoT, with a combination of related technologies like blockchain and AI, can be utilized to monitor medicine quality and track down counterfeit drugs in the medical supply chain. For hospitals, this brings a great advantage for inventory management. By utilizing a combination of IoT, AI, and blockchain-powered application, hospitals can effectively track down counterfeit medicines in the inventory and maintain a high-quality decorum. Therefore, by utilizing these technologies together, not only our hospitals but the pharma industry can also help eradicate counterfeit medicines and save millions of lives.

 

Providing World Class Security in Hospitals with IoT –:

 

The last great thing among the 5 ways IoT is impacting healthcare industry for good is perhaps the most talked about aspect of IoT: Security. While IoT may have some of its own soon-to-be solved glitches, there is no doubt when it comes to using it for the hospital security. One fresh and live example is of Boston Medical Center, where they have deployed IoT-powered sensors throughout the hospital for a precision-level security.

 

At Boston Medical Center, they have given newborn babies smart wristbands and a Wi-Fi network is working to keep track of those babies; no chance of stealth! Furthermore, nurses of the hospital receive high alerts on their cell phones whenever a critical patients heart rate and oxygen level changes. Sounds great! Indeed, it does because it plays a vital role in saving patients life, as well as securing the hospital environment as best as possible. Imagine what health care services, and our hospitals, will be in the future when IoT will become more mature?

 

Have you been a customer of IoT-powered healthcare services? If so, share with us your experience.

The Internet of Things & Insurance Industry

By now, there is no denying the fact that the Internet of Things, or IoT technology, in short, is going to revitalize almost all types of niches we currently have on planet Earth. Some of them impact our lives indirectly, but some quite directly as well. One of those industries is the “Insurance” niche. IoT has a lot to offer for the insurance industry based on its core feature: providing a framework to connect a variety of electronic devices that are both microscopic and gigantic in size. But there is also another feature which makes IoT an ideal technology for the insurance providers, and that feature is its ability to empower two devices to communicate with each while keeping their anonymity and effectiveness intact. This ability of IoT technology is often known as M2M (Machine-to-Machine) communication. But how will you, and the insurance providers, will be affected by this revolutionary change IoT promises to bring in the insurance industry? Let’s find out!

 

Why IoT Matters To Insurance Firms?

 

why IoT is important for insurance firms

 

Honestly speaking, insurance firms have a lot to gain from the IoT technology. Because the IoT-powered devices come in all shapes and sizes, and they have the ability to effectively transfer data from each connected device, they are capable of providing highly legit real-time current information to the insurance providers. This current data will go on to help to settle the claims and providing great legal assistance during the overall insurance claiming procedure. But if you are looking for a more in-depth answer as to how this will be done via IoT technology usage, let me assist you in the most “layman” terms so that you may easily understand the technical jargon.

 

Some pieces of modern technological accomplishments like the wearable tech devices, sensors, and RFID chips can directly assist an insurance company in settling claims. Wearable tech contains a variety of devices such as smart tags, smart wristbands (used for health monitoring), and another type of specific product series known as “Fit Tech.” Fit Tech is a term given to those specific web-enabled devices that are used in health monitoring and fitness. These devices can help insurance companies dealing in the healthcare industries, as they provide real-time data regarding the person’s health. For example, insurance companies scrutinizing a claim for wrongful death or an injury can get help in knowing about the crucial health condition of the affected person at the time of the incident.

 

Similarly, IoT-powered sensors will also play a huge part in helping insurance companies settling up location-based, automotive, and cargo-based claims legitimately and fairly. IoT sensors are tiny chips that can be fitted to, or placed in, on any physical object. These sensors can track a variety of important things such as the speeds, traveled distances, duplication, and conditions in which a physical object is being kept. Well, I believe there is no need for me to further clarify how this data can help an insurance provider in settling up claims pertaining to lost cargo, property damages, or vehicular accidents. Last, but not the least, are the RFID chips. Even though not a direct brainchild of IoT technology, but one can dare enough to say that RFID technology has found a new life with the arrival of IoT on the scene.

 

According to a very generic definition (unlike the Wikipedia one): RFID (Radio Frequency Identification) is a technology which is utilized to uniquely identify physical objects on which a RFID tag is placed. RFID chips, which is known as a RFID tag more often, has revolutionized the asset tracking industry globally with its unique and wireless identification capability. Now, combined with the IoT power, RFID tags can work as a geographic information system (GIS) to assist more complex type of insurances which includes environmental and climatological claims. So, the possibilities will keep on going if we decide to find more and more applications of IoT for the insurance industry, but these major ones are satisfactory for now. I would like to finish this article on a very good note by Mr. Clovis Lacerda, founder of Parlacom Brazil:

 

“As soon as the correct set of skills and reliable infrastructures are being made available in huge quantity around the world, I have every good hope that IoT technology will tower above all others that the world has seen thus far.”