In a financially lucrative market such as IoT, companies must take steps to safeguard their IP Billions of devices are now connected to the Internet, and researchers estimate that by 2025, 80 billion things will be connected, delivering trillions of dollars in value. Amazon’s Echo, Fitbit, and Nest are just some of the smart products […]
As the enterprise relies more on connected tech, risk management is a top concern Globally, the number of Internet-connected devices, or the Internet of Things (IoT), is booming. As more and more data is being generated than ever before, businesses are finding ways to derive meaning from that data to form a complete picture of […]
Often overlooked, R&D tax credits may be waiting for your business Among the top challenges cited for implementing digital transformation — including the Internet of Things (IoT) initiatives — is the cost. As companies develop a compelling business case for rolling out IoT-enabled capabilities, they should consider potential tax savings as part of their value […]
Food manufacturers, restaurants, and retailers are turning to the Internet of Things to combat food waste The United States is the leading nation in food wasted. Between 30 and 40 percent of what is grown in the U.S. is thrown away, which amounts to 133 billion pounds of food annually. The economic, social, and environmental […]
Before enterprises can reap the benefits of IoT, network infrastructure must be in place Turning your retail store, restaurant, or commercial building into an Internet of Things-connected facility takes more than just hooking up sensors to the cloud. However, it’s important to not let the elaborateness of IoT obscure the rewards of the technology. By enabling […]
As the fourth quarter gets underway, now is the time for retail and restaurant operators to ramp up plans for 2018 According to our extremely reliable crystal ball, 2018 is going to be a big leap forward for retail and restaurant technologies. While your company may be humming along and operating just fine, as your […]
Operators are scrutinizing processes and turning to technology to reduce labor costs Over the past few quarters, chain restaurants have been squeezed by many challenges, including a soft consumer spending environment and increased competition from delivery services. In particular, higher labor costs are not expected to go away anytime soon, amid a tight job market […]
Emerging tech is driving growth at leading supermarket chains Since Amazon’s acquisition of Whole Foods, the grocery industry has been feeling the heat. While analysts say smaller chains will suffer the most, extreme competition is nothing new for the $650 billion U.S. food retail sector. Price wars have been a common survival tactic for years, […]
When disaster strikes, controlling food safety risks is a top priority for restaurants and grocers Catastrophic events and natural disasters can happen anywhere, at any time, and food businesses are particularly vulnerable as disruptions in power have the potential to impact the safety of food they sell to the public. Even losing power overnight during […]