Intel Investing $100 Million in Retail Internet of Things Platform
“Intel’s Internet of Things (IoT) and cloud technologies touch every link of the retail supply chain,” stated Brian Krzanich, chief executive officer of Intel Corp. “IoT sensors capture data that can be analyzed. Data centers crunch the information and give it real-world usefulness. For example, our technologies can see what items are not in their correct location and the up-to-the-minute store inventory, including what’s in the back room. They can even tell what items go into changing rooms but never make it to the cash register.” Read the full article here.