Lab651, an end-to-end product design, development, and engineering company focusing on the Internet of Things, today announced the acquisition of Applied Logic Engineering, a privately-held engineering services company that specializes in developing IoT products for commercial and industrial applications. The acquisition of Applied Logic Engineering will strengthen Lab651’s service portfolio in embedded product development and aligns with the strategy of Lab651 to further provide end-to-end design services for connected solutions.
Two trends that are dominating the technology industry are the Internet of Things (IoT) and Artificial Intelligence (AI). But for industrial automation, these two technologies are much more than the buzzwords or trending topics. The convergence of AI and IoT will redefine the future of industrial automation. It is set to lead the Industry 4.0 revolution.
The pandemic has left irreversible changes within the retail industry as consumer behavior during a time of limited and regulated movement evolved. A PYMNTS 2020 Remote Payments Study reported that mobile devices are the most popular device for online shopping, with up to 72% of consumers using their mobile devices to shop.
This is a view shared by Forrester. In its recent report, revealingly entitled ‘Predictions 2020: The Internet of Things’, the research company said that IoT is likely to push smart displays, 5G, supply chains, and new business models and will be used by organizations to transform products and services.
The internet of things involves the use of devices and sensors to send data across a network. This allows for benefits like predictive maintenance, the use of artificial intelligence, and the leveraging of remote medicine. And so what about the internet of things stocks? Well, there is a variety available. But before looking at them, let’s consider some of the trends in the industry.
Ring's Always Home Cam doesn't offer nearly enough convenience to justify its risks to privacy. The trade-off at the core of most privacy debates pits convenience against access to your data. The idea is, the more data you let a tech giant access, the better they can help you: Google's services, from Search to Gmail to Google Maps, are prime examples of this trade-off at work. Google says it can serve up results, from ads to restaurant recommendations, informed in part by what it knows about your preferences.