A glimpse into the near future: By applying the transformative advantages of IoT operations, “smart factories” will bring vast changes and benefits to the price of goods, job types and locations and end-to-end supply chain responsiveness.
This insightful article by Monica Ricci, an Associate Researcher at MachNation is brought to you by IoT Business News. Here, Ricci, who is an IoT business model specialist, focuses on four categories of change targeted by IoT applications:
* Delivering automation and digitization of information
* Asset management and maintenance on the factory floor
* Plant management
* Increased customer satisfaction and competitive differentiation
Wisconsin’s internet connections, from its most rural settings to under-served neighborhoods in its largest cities, may benefit from a diverse range of broadband technologies, soon to make their way to the Wisconsin Legislature.
In a new article, Tom Still, president of the Wisconsin Technology Council, describes two examples of technologies getting attention in Wisconsin and elsewhere because of their potential for improved connections.read more
The European Union’s General Data Protection Regulation (GDPR) law, which takes effect on May 25, 2018 – just two months away – imposes a strict set of requirements on how and why companies collect and use the personal data of EU individuals.
For example, this worldwide requirement enables individuals in the EU to limit and control how international businesses collect, process and use their personal information. It allows them to decide what information they share, and it provides individuals with the “right to be forgotten.”
If you currently have EU customer information and don’t comply with the GDPR requirements, you could face fines of €20 million or 4 percent of your global annual revenue, whichever is higher.
If you have EU clients or customers, chances are it will affect you. Read up on GDPR in Adweek this week.read more
Rumors have it that Amazon is planning a new service called “Shipping With Amazon,” which will pick up packages from manufacturers and retailers and deliver them to consumers. The implication is that UPS and FedEx will face diminishing orders from Amazon while having to gear up to compete with them. Meanwhile, shares of both delivery companies are down.read more
The U.S. leads the world in Blockchain deployments, and IBM is encouraging the U.S. government to embrace the technology for a host of benefits at a lower cost.read more
Read up to learn “some of the most common IT gaffes include becoming trapped in a relationship with a vendor you can’t shake loose, hiring or promoting the wrong people, and hiding problems from top management until it’s too late to recover,” at CIO.com.read more
According to the U.S. Bureau of Labor Statistics, the number of computer and information technology jobs is growing faster than the average for any other occupation. CIO Today tells us what talent they expect to see in 2018. Most in demand: data science, programming, security, content, and social media marketing.read more
Whether it’s potatoes, corn, grapes or grain, farmers have to manually map hundreds of acres of land to harvest accurate information about their crops. But wait, that was before. This is now: Drone Mapping Is Revolutionizing Farming.read more
The Industrial Internet of Things is poised to transform practically all aspects of business. The Internet of Things Institute recently researched and compiled a cross-industry hierarchy of the current top nine applications for IIoT.read more
Still under reconciliation, the Saturday night/Sunday morning tax vote could give tech companies who stash money overseas a significant break on their tax liability for that money.read more
Healthcare IT News reports that Apple’s new patents, as well as Amazon’s lab research, could make them major players in the digital healthcare industry.read more
The technology of telehealth is becoming a shining star among hospital administrators and staff. Digital healthcare tools that enable doctors to assess patient needs, and often provide assistance online, have gained an accelerated momentum in acceptance. [Editor’s note: Just this morning, Kaiser Permanante called me with a fascinating update on their new online telehealth services.]read more
Just days ago, the American Express FX International Payments (FXIP) division and Ripple, an enterprise global blockchain solution company, announced a joint payment-transfer solution designed to reduce the time and cost of transfer payments to settle, providing a host of benefits for both business-to-business buyers and sellers.read more
Taking a bold move to improve healthcare patient outcomes, MintHealth announced the launch of a blockchain-powered personalized health record (PHR). The company will incent patients to actively use its new platform by rewarding healthy behaviors with cryptocurrency tokens that patients can use toward their healthcare costs.read more
During a recent Milwaukee Blockchain Conference at Marquette University, speakers discussed their ideas on the rapid adoption of the technology among a mixed financial and technical audience.read more