Internet of things

How technology can make champions

On 16 September in Berlin, Eliud Kipchoge beat the world marathon record. By running the legendary 42.195 km in just 2 hours, 1 minute and 39 seconds, the champion of the Rio Olympics smashed the existing record by an incredible 1’18’’. This is not only an exceptional sporting feat, but also a technological one. For Kipchoge is a formidable champion, arguably the greatest marathon runner of all time, and to beat this record, he used the very best digital has to offer elite athletes. Every day, millions of joggers wear wristbands with sensors that measure their heart rate. Often...

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IIoT: how cable drums are becoming smart

With industry 4.0, the Industrial Internet of Things is revolutionising the logistics process, and Nexans is something of a trailblazer in this field. The group, one of the world’s leading cable manufacturers, has installed connected trackers made by ffly4U on its cable drums, with deployment and financing provided by Econocom. This successful project resulted in Nexans making 20% savings on managing its equipment, and new services such as real-time tracking. These wooden or steel cable drums, or “the unknown heroes of the cable industry,” as Nexans calls them, nevertheless generate substantial logistics costs. They are used for transporting cables...

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Connected maintenance: IoT is on the right track

The old adage “Prevention is better than cure” is now being applied to the rail industry thanks to IoT. Installing sensors on railway tracks and on trains allows railway companies to carry out predictive maintenance: we looked at how the French National railways have done just this. The railways enter the age of smart and predictive maintenance. SNCF, the French national railways, have invested over €500 million on its digital transformation, implementing systems for remote monitoring and better fault prevention. The group has been working with Toulouse-based start-up Intesens, winner of the 2015 SNCF challenge digital trophy in the...

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How the Internet of Things is revolutionising industry

Traditional industry is dead! Long live industry 4.0, which is 100% connected, thanks to the Industrial Internet of Things (IIoT). Over the next three years, manufacturing companies worldwide will spend over €900 billion on deploying IIoT projects. Why so much investment? And what exactly is IIoT? How will it affect the industrial ecosystem? What are the benefits? With the 8th edition of Industry in full swing in France, we found out more about IIoT. IoT could be compared to an iceberg: there’s the tip – consumer IoT, smart watches, Quantified Self wristbands, home automation systems, etc. But we’ve only...

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Drive-to-Store: brick-and-mortar stores are still thriving

The collection of location data, combined with widespread adoption of smartphones has given rise to a new type of marketing – drive-to-store. The idea is to lure targeted customers into stores, whatever their location and means of transport. And this is a major digital strategy, considering that more than 90% of purchases are still made in brick-and-mortar stores, according to a survey by the US Census Bureau. Despite the rise of e-commerce, which currently accounts for 9.1% of all purchases, customers still prefer brick-and-mortar stores. This explains why digital commerce giants are setting up chains of shops to reinforce...

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Econocom finances and accelerates companies’ digital transformation.
With more than 10,700 employees in 19 countries and revenue of €3 billion, Econocom has all the requisite abilities to ensure the successful implementation of large-scale digital projects: consulting, sourcing and technology management & financing of digital assets, infrastructure, application and business solution services, and project financing.
Econocom has adopted European company status (Societas Europaea). The Econocom Group share has been listed on Euronext Brussels since 1986. It is part of the BEL Mid and Family Business indices.

For further information : www.econocom.com