Companies recognize the need for IoT security, but few are acting on those concerns. According to a recent survey, 97 percent of respondents said an attack on unsecured devices would be devastating to their organizations. However, less than a third are actually vigilant about monitoring...
For each of the 300,000 U.S. locations serving draft beer, bad data means a $12,000 annual loss. That, says Chris Lorkowski, CEO of BruVue, can be resolved through IoT tech that monitors beer pour at the tap and tracks real-time data to support auto-ordering. In...
Banks beware: The Financial Consumer Agency of Canada (FCAC) is planning to get tougher on the way it monitors financial institutions. The harder stance is the result of FCAC’s recent review of the domestic retail sales practices of Canada’s six largest banks. “FCAC found that...
From smart safety shoes to augmented reality training materials, consumers and companies are seeing greater potential in the Internet of Things (IoT) – and, unfortunately, so are hackers. Reportedly, 55 percent of IT professionals said that security is their top priority in IoT deployment. The...
Snips, the French startup with a voice assistant software developer kit (SDK), is showing off its technology through a voice-activated assistant embedded in a vehicle. According to news from TechCrunch, Snips’ SDK is different from Amazon’s Alexa and Google Assistant because the system’s developers built with Snips...
The $212 billion that commuters spend on food, coffee, gas and parking during their commutes each year is a magnet for innovators to make those purchases even easier. Verdeva CEO Kevin Condon says that E-ZPass toll transponders might be the easy button that unlocks that...
When drive-throughs broke onto the scene in the late 1940s, “innovative convenience” meant replacing a fleet of carhops with an intercom ordering system and a pick-up-and-pay window. Fast forward to today, and Internet of Things (IoT) tech is enabling in-vehicle payments to put car-based commerce...
Daimler’s Mercedes and Bosch are gearing up to test driverless taxis on the roads in the coming months. Engadget, citing German news site Automobilwoche, reported that Bosch head Volkmar Denner said the first test taxi will be on the roads in the coming months. He didn’t...
From monitoring a pet’s activities and health to re-ordering supplies, IoT and AI are fueling a pet commerce market already valued at nearly $70 billion. In the January Intelligence of Things Tracker, Yaroslav Azhnyuk, CEO of smart pet tech device maker Petcube, tells PYMNTS how...
