IOT News

  • IoT directed at boosting New Zealand’s prosperity holds huge potential for both the country and the tech sector, according to new IoT research study. Ranking among the leading countries in the world on their readiness for IoT deployment, New Zealand is unusually well positioned to embrace—and reap the significant benefits of—the deployment of IoT technologies. 

retail IoT trends
Retail stores are experiencing a harsh reality of declining foot traffic. However, the sales numbers for in-store retail purchases are not as bleak as you might think. According to multinational accounting firm EY, 93 percent of purchases are still made in shops. But buying patterns are different, and shops have to keep pace. Solution providers need to help retailers accelerate their pick-up portals. 
The Internet of Things is now bringing intelligence to every nook and cranny in the home, including to beds, bookcases, desks and chairs. A robotics start-up company, Ori, has created a voice-controlled modular furniture system that can automatically glide about the room, allowing home dwellers to maximize spaces in their tiny smart places.
Microelectromechanical systems (MEMS)-based inertial sensors are everywhere, but stiction and manufacturing processes limit their capabilities. To overcome the limitations, Nanusens has moved to nanoscale, and made them CMOS-process compatible to lower cost and reduce size.
A new report from energy consulting firm ScottMadden reveals that for managers and solutions providers in the initial stage of designing and building smart cities, a do-able “phase one” entry point for IoT technology is the street light. Street lights typically represent a substantial portion—on average 40 percent—of city energy budgets. So moving to smart lights that can dim when activity is low can save cities big money. 
Consumers are used to paying for what they want or need, but everyone still likes to get the best possible deal. This desire can be problematic when it comes to purchasing car insurance, as insurers rely on old-school underwriting practices, basing rates on factors such as age, gender and marital status. Now, powered by connected IoT devices, usage-based insurance (UBI) is leading the charge in revolutionizing how insurance rates are calculated.
We live in a wasteful world. Based on the findings of the World Bank and the Environmental Protection Agency (EPA), the human race collectively produces 1.3 billion tons of municipal solid waste annually. This alarmingly high amount of trash can be mitigated through programs run by local governments and nonprofits that are tapping into smart IoT technology, using robotics, artificial intelligence and cameras to sort through garbage, increasing the flow into recycling centers. 

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