Applied AI Weekly News

Justin Grammens

Welcome IoT Leaders!

This week I've decided to try and focus more articles around IoT and Design than the underlying technology itself. I've been seeing a lot of value in our team at Lab651 engaging with companies to leverage user experience and user design when it comes to building connected products. The user is often a misunderstood aspect when embracing new technology and I would love to learn more about what YOU, our readers are doing in this space as as well.

Please drop me a line if you have articles that you have either written or find interesting and unique when it comes to everything from the user experience of Data Visualization, Story Telling, Industrial Design and Mobile Applications. We should all be working to drive value to the consumers of the connected products that they buy and improve their experience.

On other news, I'm super excited to be presenting this week at NDC. A massive, software development conference in Saint Paul, MN where I'll be sharing my expertise using the Azure IoT MXChip Kit to both rapidly prototype solutions and bring them to market using trusted partners. Hope you can join us!

Also, I was recently on the Schmidt List Podcast where I discussed the future of connected products and what the lies ahead with the nexus of Consumer, Business, Innovation and Data Analytics. I think you'll find value in the conversation and hope you have some time to listen today!

I hope you enjoy this issue and remember to checkout our sponsor, Connections and follow IoT Weekly on LinkedIn, Twitter and Facebook

Until next week... Enjoy!

News

How Will Machine Learning Be Able To Change The Future Of The Insurance Industry

Rapid advances in technologies over the next 10 years will lead to disruptive changes in the insurance industry. Companies that adopt new-age tech to develop innovative products, harness cognitive learning insights from a myriad of data points, streamline processes, and more importantly, personalize the entire customer experience will be the winners in the AI dominated insurance space.

Yesterday's Predictions Vs. Today's Reality

y now, most people have heard about the internet of things (IoT). While the term was first coined in 1999, the modern interpretation really took shape within the last decade when we began to see the promise of a world of connected “things” working together to make business and leisure more efficient, convenient, and affordable. But that’s not really what ended up happening ... yet.

Why Modern Manufacturing Needs the Digital Twin

We live in a digital era. Data is all around us and, at the manufacturing level, the huge volumes of real-time data available provides new insights into processes. Used intelligently, these data offer a pathway to continuous process improvements and significant increase in production efficiency.

Sponsor

Join CONNECTIONS: The Premier Connected Home Conference, May 21-23

31% of US broadband households own a smart speaker with voice assistant. Register for Parks Associates 23rd-annual CONNECTIONS™ Conference, May 21-23, in San Francisco. Keynote speakers and special sessions feature leading players addressing strategies and innovations that expand the smart home ecosystem and use cases: Alarm.com, Arlo, Chamberlain Group, Comcast, Control4, iRobot, KB Home, Lennar, Nortek Security & Control, Signify, and Vivint Smart Home.

CONNECTIONS™ provides consumer research insights and networking opportunities combined with three days of visionary keynotes and conference sessions, featuring more than 650 attendees and 100+ speakers focused on technology adoption, product and service trends, and new business strategies, strategic partnerships, and monetization opportunities.

Business

Why VR, AR & MR Adoption Is so Crucial for Smart Manufacturing

With the current immersive technologies a digital replica of the physical counterpart can be created where all the above senses of the users can be simulated and make the brain to believe it's real. In a study published in the journal, Nature Communications, University of California, it's been found that "as memories are recalled, especially in the hippocampus (small structure in the centre of the brain) different regions of the hippocampus were activated for different kinds of information.

IoT Adoption Driven by Improved Safety Records, Reduced Costs

A new report finds that IoT adoption is driven by improved safety records, reduced costs (including costs of workers’ compensation claims and premiums), and greater employee productivity. One in five worker deaths a year is in construction. Given this sobering statistic, construction site risk is a critical challenge, and the industry is slowly turning to new technology, specifically the increasing use of sensors on the jobsite, as part of the solution.

IoT Can Give Your Retail Business a Competitive Edge

In a challenging environment for retailers, the internet of things is your secret weapon to staying relevant to brick-and-mortar shoppers. Whether you’re an entrepreneur with a retail startup or the head of a traditional global corporation, you've likely seen first-hand the increased challenges of today’s brick-and-mortar retail environment.

The Role of IoT in the World of Payments

IoT can be of great assistance in refurbishing how businesses operate. The technology is assisting payments to get streamlined as these online transactions can be electronically monitored and managed. The data-driven decision making helps to make an informed decision in the time-saving timeframe.

Design

How Website Design Integrates with the Internet of Things (IoT)

Internet of things (IoT) is becoming popular across the web. It is revolutionizing the interaction between human and technology, bringing changes to people’s lives. The term “Things” in IoT indicated everyday objects that are connected to the internet. It, IoT, has formed a bond between the real and virtual world. And amusingly, website design and development process are also being connected with the IoT.

Network

LPWAN can provide a cost effective network for IoT

MXC foundation focuses on connecting Low Power Wide Area Network (LPWAN) technology with the blockchain as an infrastructure for Internet of Things (IoT). MXC automates machine-to-machine (M2M) transactions and provides a device data economy.