IoT devices are now ubiquitous and not surprising anymore. There are currently approximately 6.4 billion IoT units in use, including those for both industrial and home use. Before we dive into the world of consumer IoT, here’s a question for you. As a consumer, have you thought about the value of these so-called “IoT devices”? Was there a moment that you stared at that smart gadget wondering “why do I need this”? As the IoT industry reaches a higher level…
I’m pretty sure that you have heard both IoT and AI. But, do you know the differences between these two concepts? Or perhaps people are actually using the two terms “IoT” and “AI” interchangeably? Let’s get into AI first. Artificial Intelligence, abbreviated to AI, is capable of providing you with predictive insights based on an immense amount of past data as well as real-time observations. Analyzing the historical data and the real-time data at the same time makes it easier…
Welcome to 2017! At the beginning of this new year, it seems to be a perfect timing for analysts to release some fresh forecasts. With the results of numerous IoT application trials done in 2016, it’s widely expected that real IoT implementations can go live and realize benefits like increase in productivity and customer satisfaction this year. Although 2017 is another year of growth for IoT, there’s no need to be surprised at seeing expansion and contraction of IoT happening…
In this digital era, most people have easy access to the Internet, where product descriptions, price comparisons, and consumer reviews can be easily found. As customers are further empowered with the massive amount of information, the golden rule for businesses to differentiate themselves would be to gain a more comprehensive understanding of consumers. Consequently, a precise customer satisfaction measurement system could be a critical element of a company’s future success. At this point, IoT and AI come in handy due…
MoBagel, the first Taiwanese IoT company to collaborate with Japanese Software Bank (Softbank) ,uses self-developed AI engine to assist enterprise customers in data mining to precisely predict consumer behavior and create strategies that cater to customer needs. Decanter ™ has helped many businesses achieve exceptional operational performance. With our advanced R&D capabilities, MoBagel stood out and won the top prize “Golden Award” in “100 Innovative Products Competition 2016” in Taiwan. How did this AI startup gain recognition from industry leaders,…
On November 7th, smartphone chip designer Qualcomm signed a Memorandum of Understanding (MOU) with the Ministry of Economic Affairs (MOEA), R.O.C. Under the memorandum, Qualcomm will cooperate with the Taiwanese government on 5G communication and IoT development. Through further cooperation with Qualcomm, Taiwan is expected to take advantage of the U.S. firm’s advanced technology to strengthen the country’s innovative capabilities and accelerate its pace in these areas, said Jong-Chin Shen, the Deputy Minister of the MOEA. Representatives of Taiwanese high-tech…
MoBagel Dazzles Nokia with 90% Prediction Accuracy MOUNTAIN VIEW, CALIFORNIA — Nokia Open Innovation Challenge 2016 ended on October 21st in Paris. The top 3 winning teams were CUJO, iSono Health and Silicon Valley-based AI startup MoBagel. Following its recent MoBacooperation with SoftBank, this triumph marked MoBagel’s latest achievement with another crucial new partner, Nokia. Nokia Open Innovation Challenge 2016 was a call for innovation in the Internet of Things (IoT), specifically in the fields of connected automotive, public safety,…
There’s no denying that the Internet of Things has got the ability to help businesses improve their financial results and help individuals lead better lives. However, you may not have noticed that IoT had instilled a new way of thinking into business professionals. The power of IoT brought about the change in the perception of value creation, propelling IT companies to revamp their business models and pricing strategies by placing more emphasis on benefits delivered instead of products sold. Traditionally,…
Latin America’s largest and most influential telecoms and IT conference Futurecom gathered top industry players to discuss the latest technological applications, and of course, the Internet of Things is included. The great relevance and importance of IoT to most enterprises were once again stressed considering IoT was chosen as one of the morning keynote topics on the Day One of the conference. Throughout the 4-day annual conference beginning on October 17th in the city of São Paulo of Brazil, plenty…
As the primary train operator in Italy, Trenitalia has 8,000 trains that are traveling around the country per day. Recently, it has announced a plan to revamp its fleet by introducing IoT technologies, which would make it easier to keep track of all its vehicles and design a better maintenance schedule for each train. Previously, maintenance efforts were arranged based on how long the train had been in service and how much distance it had traveled. This led to unnecessary…