Open source nonprofit IOTA has launched a $2m fund intended to foster growth of its distributed ledger technology, a derivative of blockchain technology aimed at the internet of things.
Major manufacturers like Tesla and General Electric are facing a severe shortage of ethically sourced cobalt, and the metal is expected to increase in demand by 500 percent, says OilPrice.com. Amazon, too, needs the metal for its Kindle, and other consumer electronics are contributing to the demand and resulting shortage of supply.
RFID platform solution provider Tego, Inc. has released an RFID-based solution for tracking environmental-monitoring components to manage the presence of contaminants in places where vaccines or medications are being made.
Harley-Davidson of New York City gambled that artificial intelligence would be the best way to drive the retailer's ad campaigns - and hit it big, the retailer says.
More than 90 percent of Generation Z says that a strong Wi-Fi signal is important to them and their overall shopping experience, according to a survey conducted by HRC Retail Advisory (HRC), a retail advisory firm. Emerging in-store technologies and positive social media feedback are among the top priorities for both Generation Z and Millennial consumers.
Global e-commerce was worth $1.9tr in 2016 - sustaining double-digit gains year-on-year. Many tech companies are now capitalizing on growth by providing merchant services to e-commerce businesses.
Full supply chain visibility has risen from companies' sixth most important strategic priority in 2015 to third in 2017, according to a recent GEODIS global supply chain survey. Still, just 6 percent of firms said they had achieved this aim.
Michigan Medicine, one of the largest healthcare complexes in the world, has deployed active RFID technology to track thousands of assets throughout its facility, the hospital says. The technology is intended to reduce rental costs, as well as the rate of missing equipment as the healthcare provider expands further.
The digital imperative is driving companies to seek new sources of value for their customers, but this mission is difficult within the often cloistered confines and bureaucracy of their headquarters. Seeking to foster a culture that is more akin to startups than the corporate motherships, many large enterprises are cultivating innovation in digital labs and incubators.