Newport Beach, California, April 5th – Innovative software company Qliktag Software Inc., announces the launch of their new book “The Internet of Products. – Decoding the Larger World of Pseudo-connected Internet of Things”. The book brings to light the larger opportunity that lies in the world of pseudo-connected internet of things or everyday things that don’t have a […]
Every day, more and more devices are being connected to the Internet. According to Statista, the global internet of things market is projected to be valued at more than 1.7 trillion US dollars by 2019, with the global connected devices forecast to reach 20.35 billion the same year. Moreover, Navigant Research projects the global smart […]
Today, there is a lot of emphasis on product packaging and information delivery to consumers. Brands need to comply with consumer expectations and standards while provided holistic product information to consumers. The packaging labels have limitations when it comes to providing complete information. Let’s face it. Reducing fonts to fit informative texts on products is […]
While the world is still getting accustomed to spotting wearable devices on fellow humans, IoT enabled applications have ushered in a new era of the Internet of Products. The Internet of Things is commonly associated with smart home control devices, wearables like the FitBit, vehicles and other device equipped objects that connect to the internet […]
SmartLabel™ is one of the pioneering movements under the consumer transparency umbrella of initiatives. The GMA and FDA led SmartLabel allows brands and consumers alike to enrich their product experience by electronically delivering deeper product information through QR codes placed on the product packaging. The GMA also predicts that 80% of the packaged groceries will […]
Product recalls owing to faulty batches of products, defective parts, contaminated batches and other defects hurt just about every manufacturing sector and cause often massive losses. Not only does the recall process cost companies big bucks, it impacts the brand credibility amongst consumers. According to the Grocery Manufacturers Association in the US, the financial impact […]
Barilla’s Field to Fork Model can be identified as a noteworthy use case on the Internet of Products. Founded in 1877, Barilla is an Italian food company which produces a variety of pasta and sauce. Barilla has made a huge impact through its traceability efforts and consumer transparency initiatives. The company uses an internet of […]
Automation has replaced the human effort of executing business processes. The latest report published by private sector think-tank McKinsey Global Institute (MGI) which assessed the effects of automation in various socioeconomic environments, suggests that 30% of the Earth will be automated by 2030. With AI and VR systems taking over nearly all industry sectors in recent times, […]
Counterfeiting is a major concern for brands. Companies lose billions of dollars in revenue and consumers also suffer the consequences in situations where they are unable to verify themselves or their ownership over products. “The Organisation for Economic Co-operation and Development (OECD) estimates the annual value of international trade in all counterfeit goods at $200 […]
The SmartLabel™ solution gathered substantial momentum over the last year and key CPG brands have joined the consumer transparency initiative. The GMA SmartLabel initiative came at the right time. Consumer transparency expectations are at an all-time high in both consumers and brands alike. Although SmartLabel™ is still in its initial stages as far as implementation […]
The Store of the Future is Here: AmazonGo
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No lines, No Checkouts, No Registers – Welcome to Amazon Go. Seattle, US: Amazon’s vision which incepted almost four years back has been steadily coming to life. The retail giant opened their cashier-free store in Seattle, on Monday. After a year-long testing phase, the store is now finally open to customers. Amazon has successfully weaved […]
As the retail industry keeps evolving, retailers and organizations continue innovating technology-enabled processes for refining product operations. Whether a business is just starting out or has been established for a while and has multiple SKUs, supplier, vendors and customer under its belt, product information management plays a critical role in the end to end retail. […]