5 things to think about for industrial IoT readiness

The number of connected devices is growing exponentially. In fact, current estimates from IDC Research predict IoT spending will reach $1.29 trillion by 2020. Although many of these are consumer devices (such as Fitbits or smartphones), the presence of IoT devices in industrial settings is skyrocketing as well, with manufacturing forecasted to be the industry making the[…]

Garwood Medical raises $2M for connected wound healing system 

Garwood Medical, which has filed a patent application for a wound healing system, has raised $2 million in Series A funding, according to an SEC filing. The investors were undisclosed.In July, the company recently received a contract with the Buffalo Institute for Genomics and Data Analytics, and is developing a new class of electrical stimulation[…]

Consumers Excited About Auto Technology 

U.S. automakers and suppliers need to innovate and differentiate to capture new business and build brand equity, according to a study from Nielsen.Selecting and integrating the right advanced technologies — ones that drive business performance, product differentiation and customer loyalty — is essential, according to the report.Nielsen annually conducts AutoTECHCAST, a syndicated study of consumer[…]

U.S. Consumer Wearables Usage Drops 21% To 14% Since Last Year

There could be trouble in wearables land.Plenty of wearables are being made and shipped into the market and plenty of consumers have bought them.Trouble is, the number of consumers who use one has declined from 21% last year to 14% this year, according to a new study by Forrester Research.More consumers report that they have[…]

Marketing Of Shipping Container Farms Leaves Internet Of Things Behind The Scenes 

The Internet of Things may be taking a turn toward invisibility when it comes to marketing, at least in how a new connected farm is being positioned.Freight Farms, the company that turns shipping containers into year-round farms, is introducing a new connected farm unit that is four times smaller than its flagship offering.The new farm[…]

Walmart wants shoppers to be able to hail a cart 

The U.S. government granted Walmart (WMT) a patent last week that indicates the company is planning to roll out a system that allows shopping carts to drive themselves.According to the patent request, the carts will be equipped with detachable motors that have sensors and video cameras. Customers will be able to request a cart using[…]

Security Shortcomings Could Slow IoT Adoption 

There are various elements that throttle the speed of Internet of Things adoptions and advancements but one of the most significant revolves around security.Most companies involved in creating IoT devices, platforms and strategies at least acknowledge security is paramount for consumer adoption over the long haul.Each time there’s a security breach of any magnitude, whether[…]