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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Amazon GO: the technology behind the concept

Fact or fiction? Amazon GO claims to be a new breed of store: no checkout, no queues, no staff. Just products and a host of technologies designed to optimise the customer experience and retail space. It’s true: the first Amazon GO store has already opened in Seattle on a trial run. For the moment the 170 m² store is only open to Amazon employees: it won’t be open to the general public until “early 2017”, as Amazon has rather vaguely stated. If the experiment proves successful, the tech giant plans to expand the concept in the US with 2,000...

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The #MobileClient: a revolution for #marketing

Adobe’s 2013 Digital Distress survey revealed that 76% of respondents felt that Marketing had changed “more in the past 2 years than in the previous 50”. One of these changes is that mobile marketing is becoming a major strategy: brands can now interact with their customers anytime, anywhere, near and in points of sale, and in virtual spaces. Geofencing, connected stores and social media are small part of this revolution. Geofencing is taking marketing to the 3rd dimension. In the age of communication 1.0, brands caught consumers’ eye by handing out flyers near the points of sales: potential customers were...

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#Retail and #logistics: a revolution in the supply chain

Behind every 24-hour delivery, there’s a whole supply chain at work: NFC tracking, RFID tagging, transportation management system (TMS) software, updating processes and IT systems:  companies are making substantial investments and efforts to stay competitive. Delivering to consumers is one of the keys to connected commerce: a differentiating factor where choosing a retailer is concerned and the top reason for shopping cart abandonment. And online shoppers are becoming increasingly demanding: a study by MetaPack via Voxlog revealed that 83% of consumers would like shipping information to feature on the product pages, while 80% expect an exact delivery time and...

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Connected business: already a reality for big industry

Airbus, Ford and Legrand are perfecting their digital transformation by implementing the latest technologies, ranging from virtual reality headsets, exoskeletons and open source platforms to automated moving of parts in factories. Among the more cutting-edge industrial companies, Airbus and Airbus-Helicopters are regularly frequently mentioned for incorporating digital technology into the design, production and maintenance processes. The group has drawn up a list of the digital initiatives it plans to roll out by 2020, which cover the full spectrum of new technologies*. One of these is assembly line automation to detect anomalies, which has already been implemented. Among the other...

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Econocom finances and accelerates companies’ digital transformation.
With more than 10,800 employees in 18 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