World Ch. Schedule : WED 07:30 KST
* Date : 2018-07-26
IoT, or Internet of Things, can suggest new directions for the lifestyles of consumers and change the overall industrial structures. And new business models have been created for the economic development as well. Also, the number of mobile IoT service subscribers has increased every year. IoT has been applied to sports and it has contributed to popularizaing the sports games. As an IoT device provides information on the geographical features of golf courses, it can reduce cost for caddie services. Moreover, users can set the average driver distance in advance, so they can get information on a central location of any golf course and enjoy the game more easily. IoT has brought about significant changes to the distribution sector as well. The introduction of an automated system has reduced a total of two working hours and it has enabled workers to have some time to enjoy their hobbies after work. We introduce the application of IoT technologies, which can improve safety, serve the public interest and enhance welfare as well as business efficiency.
In the era of the fourth industrial revolution, servitization, which refers to the delivery of services as an added value when providing products, has emerged as a new concept that can enhance competitiveness of various industries. Servitization involves companies that provide services by collaborating with other industries to supplement their product offerings. And it has created higher added values by introducing advanced technologies like IoT and big data. An AI-based remote diagnostic service for elevators, an advanced home care service and a service that can check the electricity consumption in real time can be considered as examples. We report on the rise of servitization, a key strategy for the success of companies that aim to provide high quality products to customers.
Closed-circuit television, or CCTV industry has gone through innovative changes in the era of hyper-connectivity. By collaborating with IT sector, it has been applied to a lot of different fields aside from the physical security area. Public sector is one of the areas that has actively introduced CCTV. A lot of local districts have established an integrated control center by implementing intelligent CCTV cameras, which have adopted AI technologies. Instead of simply showing the recorded scenes, it recognizes and analyzes the movements of objects in the video. So it can prevent accidents in advance. Moreover, CCTV industry has recently shown great potential in the field of marketing. By analyzing the result produced by intelligent CCTV cameras, it can support effective management of stores and boost sales of products as well. Therefore, a growing number of companies have shown a lot of interest in marketing strategies that make use of intelligent CCTVs. We look into the changing roles of CCTV, from an overwatcher to a supporter