penang incubator for IoT

OUR INCUBATOR STARTUPS FOCUSES ON USING IoT TECHNOLOGY TO CONVERGE THE PHYSICAL AND DIGITAL WORLD

by 25 startups

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ar/vr

The Covid 19 pandemic crisis became the catalyst for augmented reality (AR) and virtual reality (VR) to focus attention on creating a better user experience in "augmented reality" for areas such as gaming, shopping, entertainment, medical procedures and many more. AR overlays the real world with information, while VR brings users into the digital world and then uses captured motion to make users feel immersed in that world.

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SUPPLY CHAINS OF THE FUTURE

IoT devices are used in the supply chain to coordinate product sourcing and shipping and delivery routes. Because of comprehensive data management, many investors are using IoT to connect enterprise systems and data modeling. For transportation routes, IoT-enabled devices help improve route planning by collecting in-transit and supply chain data.

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SMART AGRICULTURE

Conventional farming methods are slowly being replaced by smart farming systems by using IoT technology. Today, livestock farmers can track their animals on pasture, while arable farmers have a better irrigation system by reducing water consumption, establishing proper soil moisture content, monitoring moisture and temperature during composting, and predicting farm maintenance by placing a smart sensor.

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SMART CITIES: ENERGY, TRANSPORTATION, PARKING AND MORE

Human life is optimized by implementing IoT to create smarter and more efficient cities. Fast-paced lifestyle in a city, energy-saving IoT-enabled devices can provide a better in-store customer experience. In an urban environment, transportation systems are becoming busier and require smarter devices to synchronize real-time conditions and provide up-to-date information for traffic lights, public transportation apps, and others. Parking systems are becoming more convenient with digital tracking apps that provide drivers with notifications when looking for parking spaces, especially in shopping centers.

FAQ

The Internet of Things ( IoT) is defined as a network of physical objects, or so-called “things,” that are equipped with software, sensors, and other technologies to connect and data interchange with other devices and systems over the Internet. The devices can include a wide range from household items to technical industrial machines or tools. All of these “things” are assigned an IP (Internet Protocol) address so that they can transmit data over the network. In business, most industries have begun to use the IoT to create efficient operations and develop a better understanding of customers to improve customer service, make better decisions, and increase business value.

The smart capabilities of the IoT create advantages in the business world by providing more data so investors can make better decisions. They will be able to track and monitor things by connecting their business devices to the Internet. So, with the automation capabilities of the IoT, a lot of work will be made easier. Ultimately, the IoT will increase efficiency by saving money and resources. In summary, it will provide us with a better quality of life.