The smart technology field continues to be hampered by security issues even as solutions in the space are put to use in many cases. In pet technology news, Pawscout is helping owners find their wayward pets with a Bluetooth-enabled tag as pet retail becomes a fierce battleground. And Urban Outfitters is moving into the world of fashion for rent with a service to be called Nuuly, and Outdoor Voices is modernizing its omni experience partly with the help of radio-frequency identification (RFID) technology. All this, Today In Data.
1,000: Number of different clothing items Nuuly will reportedly stock at launch
100: Number of veterinary clinics Walmart aims to have in the future
99 percent: Reported inventory accuracy rate of Outdoor Voices
35.5 percent: Expected compound annual growth rate (CAGR) of the global intelligence of things (IoT) security market from 2019 to 2026
$19.5 billion: Estimated value of the global IoT middleware market by 2023