The Internet of Things can help companies differentiate, expand markets, grow revenues and please customers, by enabling them to gather, analyze and communicate valuable data.
Elpas' LoneProtect tag forwards data to a user's smartphone via Bluetooth Low Energy and to a back-end server via RFID, so that seniors can have their movements and any incidents managed by a care facility, or by their own loved ones.
The technology startup is delivering UHF and NFC systems to small and mid-sized businesses so that they can provide fresh food offerings to employees, while RFID enables sales transactions and inventory management.
With IDC estimating 200 billion connected devices by 2020, the promise of a global Internet of Things is fast approaching, posing a new level of threats to connected organizations.