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Blockchain and IoT are best viewed as business tools, not just some new technological innovations. When combined they have the potential to drive the construction industry towards effectiveness, accountability, and transparency. Whilst there are still several hurdles to overcome, their potential to reshape the construction industry for the better is simply too great to be missed.
In both supply chain management and healthcare--as well as business operations in general--the Internet of Things is speeding up many processes and analyzing data to help make better business intelligence decisions at all levels of business--both in the early supply chain stages and in the delivery of information to clients/patients/healthcare professionals.
Technologies, such as RFID and IIoT, help to address cold chain inefficiencies by providing increased visibility into the locations, properties, and conditions of sensitive products.
5G will have a profound positive impact on technologies in the manufacturing sector, such as with AI and machine learning, by making intelligent algorithms more successful at fulfilling their purpose.
IoT asset tracking solutions can enable reusable packaging and close the loop on your logistics systems, amplifying sustainable profits.
Alibaba is perhaps the biggest adopter of enterprise machine learning. They've used ML in warehouses to increase productivity by 70 percent.
Peter Mehring, Founder & CEO of Zest Labs, discusses how IoT is augmenting the fresh food supply chain, improving labor utilization and reducing the impact of food waste.
What do "things" represent in the Internet of Things? They can be anything from a tractor to a thermostat to a shipping container!
Blockchain and IoT can be integrated to address issues with transparency, record verification for the logistics sector.
IoT is typically associated with smart homes or vehicles. One compelling (but perhaps lesser known) use case is asset tracking. IoT can enable items to be tracked anywhere at any time. It can also provide valuable information on the item’s state and environment, including the level of humidity or light exposure, or evidence of tampering.
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