From the security of passenger and fleet management to processes and delivery time, the transportation and logistics industry needs a smart solution to move its people and cargo efficiently and safely. The market for IoT in Transportation is expected to reach $143.93 billion by 2020 at an estimated compound annual growth rate (CAGR) of 8.95% from 2014 to 2020. Ever-increasing urbanization is a clear indication of the rising complexities around the globe, creating major challenges for … [Read more...]
IOT: eCommerce Retail Trends Revolution
Rapid technological advances have proliferated in today’s world in each and every sector. The Internet of Things (IoT) is one such revolutionary technology which has touched a variety of sectors including e-commerce retail sector and millions of lives through its astounding simplicity and efficiency. The Internet of Things is basically an enmeshed network of physical objects which are embedded with sensors, actuators, and software, which enables these objects to collect and exchange data … [Read more...]
