“Wearables” has been a buzzword in the IoT (Internet of Things) space for quite some time now, but there are some new words—such as hearables, ingestibles, and embeddables—that are changing the idea that on-person devices have to worn in the traditional sense of the word. The purpose of wearables and their derivatives is also evolving. Wearable devices capable of measuring a person’s biometrics, for instance, are bringing these devices more firmly into the realm of medical monitoring and preventative healthcare.
When it comes to technology innovation, a lot of companies talk the talk, but do they also walk the walk? In many cases, the answer is no. It seems for too many business leaders, their comfort zones are preferable to taking risks that could lead to significant benefits in terms of cost savings, streamlined business processes, improved customer relations, and other common benefits of technology adoption and innovation. In the era of the IoT (Internet of Things), employees wish their leaders and IT departments were more forward thinking.
Could 2017 be the year ride sharing surpasses taxis? How will advances in automated ride-sharing vehicle technology and AI (artificial intelligence) impact the future of transportation? This year will likely be an important one for new partnerships between automakers and technology companies to collaborate on safety and connectivity, as they simultaneously continue to push toward autonomous driving.
There is little doubt that it’s a changing world. In the midst of mind-boggling advances in medicine, robotics, and autonomous vehicles, retail is still largely set in an era in which physical spaces and physical items predominate. This is changing, however, whether retailers like it or not.
In recent history, the drone market has been heralded as the next big thing, but it has also suffered some setbacks. For instance, in January, France-based drone manufacturer Parrot, www.parrot.com, announced plans to reduce its workforce by around 290 people out of 840 staff in its drone division. High-profile American drone startup 3D Robotics, https://3dr.com, which offers drones for industries such as construction, insurance, and agriculture, among others, also announced some “restructuring” and a strengthened focus on the commercial market due to competitive pressures from companies like market leader DJI, www.dji.com, a Chinese company that offers the popular Phantom drone series.
Already in 2017, the tech industry is abuzz with how AI (artificial intelligence) and machine learning will play a role in autonomous vehicles in the short- and long-term futures. The demos, announcements, and concept cars that came out of the 2017 CES (Consumer Electronics Show) in Las Vegas showcased just how important autonomous vehicles are to tech companies, automakers, and the general public.
The wellbeing of the U.S. economy is of concern to a large percentage of the world’s population, whether they realize it or not. The U.S. economy is also of great concern to the global IoT (Internet of Things) market. As 2016 came to close and 2017 began, the question becomes: What can be expected in terms of economic performance and, by extension, IoT growth opportunity in the year ahead?
The end of each year is a great time to reflect on the past year—milestones and progress, as well as setbacks and ongoing challenges. It’s also a great time to reflect on what’s to come in the New Year. In the IoT (Internet of Things) space, 2016 was a year of growth and opportunity, but cybersecurity remained a constant discussion topic.
Each year, thousands of Americans are killed by drivers who decide to put other mental or physical tasks ahead of driving—a tragic waste of human life. One of the key discussions of this decade is how technology that’s built into or brought into vehicles is contributing to the distracted-driving epidemic.