Is the Internet of Things (IoT) Taking Over the Laundry Rooms in Hotels?

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As the competition in the hospitality industry becomes more intense, hotel owners are considering tapping into multiple opportunities to add to the bottom line through a more efficient use of energy. Some hotels have adopted LED lighting to cut energy expenses, and some hotel managers decided to add solar power to its portfolio of electricity sources, just to name a few. For hoteliers seeking a more innovative approach to increasing profits, it’s time to consider implementing several IoT applications that…

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Smart Home Market Encounters Bottleneck

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According to a recent report from Beecham Research, “Smart Home Market – Current Status, Consumption, Trends and Future Directions,” smart home products are still considered overpriced and uninteresting by most consumers. The issues are most consumers are not aware of the poorly marketed products and their benefits, and that interoperability is missing among different products. Some are worried about data privacy as well. Senior analyst and author of the report, Olena Kaplan, mentioned that a normal light bulb is typically…

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IBM Betting Big on IoT in Europe

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IBM is investing US$200 million in the headquarter of its Watson IoT division in Munich. It will be one of the biggest investment it has ever made in Europe. Faced with the rising demand for AI technologies and the capacity to connect everything to the internet, Big Blue will spend most of the money on setting up collaboration centers with its clients. In these hands-on labs, clients can work closely with researchers, engineers, developers and business experts. So far, IBM…

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The Rising Importance of Data Management in IoT

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IDC just published the result of its Global IoT Decision Maker Survey conducted in July and August 2016. 4,500 decision-makers from more than 25 countries and companies across industries participated in the survey. The survey suggested that 31.4% of the organizations have already launched IoT solutions. It’s noteworthy that among these organizations, data management is gaining importance, with analytics and the IoT platform becoming their main requirements. IoT analytics service vendors like MoBagel aim to provide various enterprises with a…

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Australia Is Confronting IoT Security Issues Directly

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Security is always a major issue in the field of information, communications, and technology. Many people have been questioning whether the rapid development of IoT is accompanied by vital security standards. Australia has been taking on measures to combat this problem. The Australian government and civic organizations are both endeavoring to protect IoT adopters against possible security threats. Australia has decided to adopt Hypercat framework, an IoT standard developed in the UK. The primary aim is to make it possible to…

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Airbus’s “Factory of the Future” Is Supplemented by Internet of Things

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Several years ago, Airbus, a leading aerospace company, proposed the concept of “Factory of the Future.” This is a project includes the automation of production lines, robotic applications, digitalization, and IoT. Manufacturing and assembling aircraft is a highly complicated process in which there are tens of thousands of steps that have to be completed by operators. It is noteworthy that a single mistake made in this process can require as many as hundreds of thousands of dollars to fix. As a…

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Industrial IoT Is Gaining Momentum

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From 2010 to 2015, the amount of money that had been invested in IoT companies totaling more than $7.5 billion. In 2015, investors started to notice the enormous potential of enterprise IoT solutions and shifted their focus to industrial IoT applications from consumer-centric IoT solutions. As a result, over 75% of IoT funding was used to finance the development of industrial IoT solutions in 2015, up from slightly less than 50% in 2014. This trend is likely to continue in…

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Mysterious IoT Startup Raised $12 Million

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Brava is the latest company to raise funds in IoT. However, there’s not much information disclosed about this newborn. The following is all we’ve learned so far. On Brava’s website, it simply says, “We are an IoT and domestic automation company that integrates technology and design to enable joyful experiences in the home — starting with the kitchen.” San Francisco-based venture capital firm, True Ventures, has led a US$12 million Series A round in the mysterious startup, and the money…

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IoT in Healthcare Industry

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        One of the most important things that IoT could achieve is helping people to better maintain their health. IoT technologies are becoming more and more common in the healthcare field. The following are three of the benefits healthcare industry can enjoy with the aid of IoT:         (1) A continuum of care: People go to several medical institutions for diagnoses and treatments, leaving multiple records. However, these records aren’t always well compiled and…

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The Growth of Connected City IoT Applications Are Slowing Down

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        IC Insights has recently lowered its forecast growth rate for the IoT semiconductor sales. Semiconductor sales for IoT system functions are now expected to reach US$29.6 billion in 2019 instead of the previously projected US$31.1 billion in the same year. Although this may sound like pretty bad news for people believing in consistent exponential growth of IoT applications,  actually there’s only one segment that is losing momentum.         Based on IC Insight’s criteria, the…

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