Internet of Things

Rise Of The Retail Robot: 69% Of Businesses Plan To Increase Tech To Drive Sales

Rise Of The Retail Robot: 69% Of Businesses Plan To Increase Tech To Drive Sales

69% of businesses plan to invest in robots over the next five years in order to drive sales and boost consumer engagement, according to a report by Salmon. The survey of business owners’ attitudes to tech revealed that 61% are currently investing in Internet of Things (IoT) enablement, with 53% looking towards the rise in popularity of voice control tech as an area of opportunity. Virtual and augmented reality, now increasingly popular in the gaming sector, is also being earmarked by 59% of respondents as something they could potentially offer customers in the not-so-distant future. What Impact Will Virtual Reality Have On Businesses? An important consideration for business owners, 80% of consumers surveyed said they would spend more with a retailer if they had advanced tech at their dispo... »

3 Years To Go: Businesses MUST Get Smart By 2020, Report Finds

3 Years To Go: Businesses MUST Get Smart By 2020, Report Finds

Small businesses have three years to ‘get smart’ and ensure their offices are prepared for a wave of new connected tech in the ‘Open Economy’, a report by Samsung has revealed. According to the research, there will be an estimated 7.3bn connected Internet of Things (IoT) devices by 2020 and small enterprises will be left behind if they don’t adapt to these changes. A challenge exists for businesses meeting the needs of ‘millennials’, who are fast becoming the default decision makers within organisations – as many have come to expect consumer-driven technologies and ideas in their working lives too; such as virtual and augmented reality and personal artificial intelligences. This ‘Open Economy’ will be characterised by businesses cooperating with freelance workers, routine embedding o... »