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What Is IoT?

The Internet of Things (IoT) describes the network of physical objects—“things”—that are embedded with sensors, software, and other technologies for the purpose of connecting and exchanging data with other devices and systems over the internet. These devices range from ordinary household objects to sophisticated industrial tools. With more than 7 billion connected IoT devices today, experts are expecting this number to grow to 10 billion by 2020 and 22 billion by 2025. Oracle has a network of device partners.
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The COVID-19 crisis is not only “one step further” in an established direction, but it stops and even reverses most patterns of economic and social development, including megatrends like urbanization and globalization. Lorenz Graf-Vlachy takes a look at how firms have historically dealt with crises of discontinuous change: how pharmaceutical companies responded to organizational crises in the form of product-safety problems, recalls and regulatory threats; how newspaper publishers responded to online news; and the early reaction of hotels to sharing-economy platforms like Airbnb. He draws key lessons for leaders trying to steer their businesses away from irrelevance amid the pandemic.
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Majority of the people are using digital media either in desktop or mobile phones. Both platforms have a subsequently high number of users. A desktop is advisable for quick access for web pages, whereas mobiles phones are known to create a great User Experience (UX). Mobile and its related technologies are gaining worldwide popularity and with the advancement, the expectations of people to spend less and get more things done without any issues are getting higher day by day. That makes the significance of UI/UX design for your mobile application even more pivotal.
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In fact, the absence or lack of technology is one of the things employees blame when they are unable to reach their productivity targets. In fact, according to Ivanti, as many as 85% of workers don’t have the right resources to take care of their tasks efficiently. In a separate survey by The Economist, respondents who say their employer is either a “pioneer” or “good” at mobile use score themselves 7% higher for workplace productivity than those who do not. If you work in HR or operations, or if you’re a business owner, developing a technology investment roadmap requires a well-thought-out strategy. But if you’re eager to use technology, you can’t go wrong by giving these 12 different kinds of products a spin to see whether they help increase productivity in the workplace.
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One of the themes that has been evident in our series exploring how different industries are going to develop in the future – from agriculture and business to healthcare, and environmental management – is that in each of them technology is going to play an increasingly important role. And information technology (IT) – whether directly or by providing the software and applications for other technologies to function – is key to that development.
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