|A story in Banking Technology discusses how IoT is going to revolutionize Banking. Financial services tend to lag behind technology advancements (similar to Healthcare), but IoT is poised to change that. The nameless author says that retail banks are investing heavily in the space. However, no concrete examples are given as to how or why a local bank would invest in infrastructure needed for IoT and the few examples of secondary idustries needing it just didn't make sense. Just how would IoT revolutionize Banking?||http://www.bankingtech.com/511682/iot-and-the-banking-revolution/|
|Yahoo Finance reports that myDevices has partered with Sigfox. “myDevices is a perfect fit for our ecosystem partners of device makers, systems integrators, semiconductor manufacturers and end-users” said Stuart Lodge, Executive Vice President of Sales and Partners at SIGFOX. “Their agile and easy-to-use IoT project builder and platform enhances our partners’ ability to connect the dots and make IoT a reality for industries including smart city, agriculture, building intelligence, and infrastructure control.”|
SIGFOX connects the physical world to the Internet through a simple, reliable, low-cost, energy-efficient seamless connectivity solution. Registering more than 7 million devices in its network with a footprint on all continents, SIGFOX is rapidly establishing one global network that provides simple, ubiquitous, energy-efficient connectivity for billions of connected devices. In the past 12 months alone, SIGFOX has added 15 countries to its global coverage map and plans to be in more than 30 countries by year-end.
“SIGFOX’s rapid network expansion demonstrates their commitment to unlocking the power of IoT and transforming our daily lives,” said Kevin Bromber, CEO of myDevices. “We share in that same vision and look forward to contributing to the SIGFOX Partner Network.”
|Deepak Puri in Network World reports that IoT can save lives. Reaccion developed a device for use in rural El Salvador that helps to alert other villages in the event of a disaster. Their Early Warning System lets villages alert each other even when power and phone communications have been disrupted in a natural disaster. Villagers alert others through a simple battery-powered device that has color-coded buttons to indicate an impending danger, as well as its severity. Reaccion found that even villagers without formal education could easily use the color-coded buttons.|
The device supplements human input with IoT weather sensors and accelerometers to measure tremors. The devices connect villages with a radio-signal powered mesh network. GPRS links are used to connect the mesh network to the cloud for additional data analysis of weather conditions and natural disasters.
|In the world of IoT - where are the Cable companies. Gary Arlen in MultiChannel News reports that in all of the discussions about IoT, that the cable companies have been invisible and almost nothing has been said about their involvment. This is surprising considering all of the talk about Smart Homes, and Smart Cities, two places where cable companies already dominate. And in an era when more and more people are cutting the proverbial cable in favor of online streaming, the cable companies need something to replace that lost revenue.||http://www.multichannel.com/blog/i-was-saying/iot-forecasts-proliferate-cable-invisible/407231|