2016 is undoubtedly a decisive year for Internet of Things and Wearables. Both these technology revolutions happen to be the hottest in the tech arena today. While both these innovations have been considered and talked about individually until now, it’s time to see how they pair with each other. As both these technologies come together, we can surely expect exciting innovations to hit the consumer market as well as business landscape.

On that note, let’s find out whether both these technologies are at all complementing each other, and how wearable devices are revolutionizing Internet of Things.

Glimpses of the market trends

When it comes to wearable devices, users will come across numerous options. Activity trackers, smartglasses, smart watches, and embedded sensors are some of the most popular and remarkable devices in Wearables.

While some of these technologies are yet to grow and scale, most of them have successfully generated huge interest and excitement amongst users. According to reports published in Rackspace, nearly 18% of the population in UK and US are quite dependant on Wearables. That’s not all; a whopping 71% of British people and 82% of Americans claim to lead better lives because of these devices.

IoT and Wearable devices: Contending or Complementing

There has been quite a lot of buzz around the wearable technology and Internet-of-Things. Although wearable devices had some stipulated functions when they started off, things are quite different now. Today, wearable devices are no longer mediums to track fitness or see augmented views of the entire world around you.

The present times bring great opportunities for IoT. Enabling sensor-equipped things and devices to communicate with each other in actionable ways is the main idea. It’s here that present-day organizations require taking additional responsibilities.

Security will turn out to be a major concern, and it is up to the companies to decide how they will deal with the privacy or security issues.

Data analytics at its best

There is no denying the fact that Wearable devices will give birth to advanced data analytics. Businesses will have the golden opportunity to leverage this data, thus creating and providing customers with personalized products and services.

It’s not only the consumer markets reaping the benefits of IoT and wearable tech. Healthcare sectors will also experience some of the greatest advantages. With a more precise and comprehensive understanding of patients, healthcare sectors will offer targeted services.

What consumers have to say?

When it comes to discussing the consumer market, it’s highly imperative to consider both the forces. Since consumers are as important as the service providers, let’s check out what’s in store for them?

Both public sector organizations and government bodies are considering the huge potentials of wearable devices along with their impact on IoT. As far as users are concerned, the following stats will give you a crystal clear idea.

Almost 47% and 61% of wearable tech users felt intelligent and more informed because of this revolutionary union of IoT and wearables.

Signing off

With these developments in the tech arena, Wearable devices are undoubtedly taking Internet-of-things in the right direction.

In an interview with Times Jobs, CEO Vishwas Mudagal and MD of GoodWorkLabs Sonia Sharma got talking about the positive impact of venturing out into the Startup world. Vishwas and Sonia, as some of the most eminent contributors to the Startup Ecosystem in India and USA, believe that entrepreneurs should definitely take calculated risks and venture into alternative industries and fields. Read more about their views on being an Entrepreneur in today’s market here.

Although IoT emerged as a concept a few years back, it was in 2015 that it reached unprecedented heights of success. From homes and workplaces to businesses and enterprises, connected devices and Internet-of-Things seem to be the buzzword. With close to 80 acquisitions in 2015, IoT has some of the greatest opportunities this year.

However, trends are expected to undergo massive shifts in 2016. Until now, businesses have been taking a keen interest in Internet-of-Things, but not all of them have thought about adopting it.

According to market predictions, 2016 will mark a new beginning for IoT. Entrepreneurs will make the ‘big’ move, thus implementing IoT solutions for their dream ventures. On that note, it’s high time we take a look at the top IoT trends, along with what future has in store for them.

1.      Transactional integrity and advanced data management

Internet-of-Things and connected devices will make operations easier than ever! Manual processes and operations management will take a backseat, thus making it simpler to maintain transactional integrity, construct services, and perform data analytics. With innovative technologies getting discovered each day, IoT will propel your enterprise towards unsurpassed growth.

2.      Data intelligence is important

Connected devices will lead to better data production and analysis. If the past few years have witnessed the rise of Big Data and Data Intelligence, 2016 will take it to the next level. Enterprises will put their best efforts to make the most of Big Data, by leveraging connected devices.

3.      Say ‘B’ for BlockChain

As an integral, crucial, and inseparable part of IoT, BlockChain happens to be of paramount significance. By increasing security and enabling integration or inclusion of less valuable devices, Block Chain makes device control and management a simple and easy affair.

That’s not all; Blockchain also leaves an impactful effect on network traffic alongside optimizing IoT. By reducing network congestion and ‘chatter’, BlockChain happens to be a unique trend to watch out for!

4.      IOT and Cognition 

Leveraging enterprise data will be the key to driving productivity in your company. However, unrelated and outside data can help your dream venture earn that competitive edge in the market. Identifying and analyzing social, weather, and language data might just prove to be the key differentiator for your business.

Simply put, it’s the capability of handling large data inputs along with the power to produce meaningful outputs that make all the difference. It’s here that cognitive IoT emerges as a unique and effective approach to make it happen.

As a bottom line, IoT will continue to revolutionize business organizations thus leading them towards unsurpassed growth and innovation. However, the trends will be quite different this time. Enterprises will no longer consider IoT as just a crucial technology. Rather, it will emerge as an integral part of their enterprise infrastructure.

What’s your take on this?

The above discussion brings us to a crucial question. With such advancements, transformations, and trends, the Internet-of-Things is heading towards revolutionary growth and development. As an entrepreneur, how will you adopt these changes and incorporate them into your existing business infrastructure? Do write in to us and let us know.

Bangalore/San Francisco – 18th August 2016

GoodWorkLabs announced today that they have been nominated yet again to be a part of Red Herring’s Top 100 Asia Award for the year 2016. A cutting-edge product development and design studio, GoodWorkLabs has been recognized de novo as a brand that is quickly positioning itself as market leaders.
The Red Herring Top 100 Asia Award is a prestigious list honoring the year’s most promising technology companies set to grow exponentially. For over two decades Red Herring has been one of the World’s Leading innovation and technology magazines, while constantly recognizing technology thought leaders and identifying companies that are breaking boundaries and projecting expeditious development in their space.
Red Herring Nominees are hand-picked by their editorial team from a pool of some of the most promising technology companies in Asia. Nominees are evaluated on twenty major criteria during the scoring process, from company’s market size to financing, to the management’s expertise. This thorough assessment of each company’s track record and standing makes the Red Herring’s Award a recognition that cuts through the “buzz” to being an actual reflection of a company’s potential.

Vishwas Mudagal, CEO and Co-Founder, GoodWorkLabs said, “We are delighted to be nominated for the second time in a row for this most prestigious award that recognizes the fastest growing and the most innovative companies in Asia. We have grown tremendously since the last year and continue showing a positive revenue growth of 500% year on year. With this rate of growth, we have on-boarded large-scale clients globally and have still continued to design and build futuristic technology for the world.”

“The last year has been particularly crucial for our growth since we not only grew our services business in various industry segments, but also laid the ground work for our ambitious project called GoodWorks Mobility – which is an Enterprise Mobility Platform that will help organizations deploy mobility solutions quickly and help rapidly transform their businesses.” added Sonia Sharma, MD and Co-Founder of GoodWorkLabs.
“Entrepreneurship in Asia has reached an inflexion point, and as a result, Red Herring Asia 2016 has shifted into a new phase,” said Alex Vieux, publisher and CEO of Red Herring. “A second generation of entrepreneurs with CEO backgrounds is emerging and their execution skills and global ambitions lead to restless growth and amazing journeys. As importantly, we are seeing more companies from countries once absent from innovation circles. GoodWorkLabs shows great promise and therefore deserves to be among the finalist companies. Now we’re faced with the difficult task of selecting the Top 100 winners of Red Herring Asia. We know that the 2016 crop will reward us for long and continued efforts in scouting disruptive companies in Asia. The wealth of talent and achievements displayed by Red Herring Asia finalists is an excellent predictor for the new wave of revolutionary technology.”

Here is a complete list companies nominated for 2016 Red Herring Asia’s Top 100.

Tech advancements are taking the entire world by a storm. Especially, when it comes to revolutionizing the service-oriented sectors, there’s no denying the significance of tech innovations. Automated solutions are what the leading industries and enterprises are adopting and embracing. From banks to supermarkets, every single destination is adopting automated technologies like never before!

Restaurants and the food industry too have embraced technology solutions to elevate the customer experience. Similar to banks and supermalls, restaurants are finding automation as a very cost-effective option to stay competitive.

Let’s check out how kitchen automation streamlines your restaurant business.

        I.            Place your orders

Tech innovations are always beneficial if you know the art of leveraging it. Kitchen automation solutions help you book your preferred table, order your favorite food and beverages, and even make payments.

With self-ordering kiosks emerging into the restaurant business arena, Gen Z and Millennials will have the perfect opportunity to fire orders instantly to the kitchen. In a nutshell, automated ordering systems can do a lot to save time, costs, and efforts.

With market biggies like Boloco and McDonalds promoting these systems, the entire food industry will warm up to the concept in no time.

      II.            Order on the go!

You might be stuck in the middle of a crucial business meeting or shopping for some of the home essentials. In either of these occasions, your favorite takeaway will close by the time you finish. However, you can still have your favorite salad or chocolate soufflé right from the eatery of your choice.

Use your Smartphone and order on the go! Kitchen automation solutions will make sure your order reaches on time.

    III.            Benefits for the restaurateur

Leading names in the food industry such as Domino’s Pizza, Taco Bell, and Starbucks have integrated mobile ordering features into their existing food ordering applications. And that’s not without reason.

Let’s turn to stats, shall we, for a better understanding.

If reports from Viggle and Interactive Advertising Bureau are to be followed, almost 69% of mobile owners utilize their respective tablets, Smartphones, and other devices for ordering their favorite culinary delights. Present-day customers hate to wait, and it is this order-on-the-go feature that helps them save time and energy.

Quite naturally, offering mobile ordering services will turn out to be highly beneficial for restaurant owners. Apart from streamlined ordering, they will receive bulk orders resulting in increased revenues.

Uncovering the benefits

If you wish to witness kitchen automation at its best, Goodworks Mobility Platform will come up as the best example. The technology company provides completely automated food ordering, order servicing, and order delivery solutions for restaurants across the globe.

Goodworks Mobility Platform can be contacted for enterprise grade yet cost effective kitchen automation. The food joint experiences a massive hike in its revenues, as overhead costs get reduced to huge extents.

Parting thoughts

Innumerable establishments including the market biggies are considering Goodworks Mobility Platform as a great example. With the rapid adoption of our automated kitchen solutions, the restaurant business can now easily transition towards streamlined operations.

Many business owners and entrepreneurs still think that the entire app development saga ends with the designing and development. Interestingly enough, there’s more to the story. Getting your apps to the app store is one of the crucial segments of the entire project, as that is what determines your app’s performance, and hence its popularity post release.

You might have come up with a truly spectacular, high-performance, and amazing app that offers multi-device compatibility. You are quite happy with the way it has shaped up and wish to publish it in the app stores. However, what’s the point if people don’t know about it?

The real scenario

Your application is right there in the app store, but without significant reviews and downloads. There’s no denying the uniqueness of your app, but somehow it isn’t proving to be of any use.

So, what went wrong?

The discussion comes to a full circle here. It is not just enough to publish your app in the app store. It’s equally essential to get the maximum downloads for it. Here is our list of essentials to know so that mobile users get to know your app and download it.

1.      App Description

While publishing your application on the app store, make it a point to include an informative, eye-catching, and precise description for it. For doing this in the correct and targeted manner, you will require considering the following aspects.

• Language: The app description lingo has to be chosen carefully. Since you are targeting your app to potential audiences, always try to choose native and commonly used languages over standardized lingo. With Google Translate by your side, translating the description to a comprehensible language won’t be tough. However, you should always check the translations that are coming up.
• Keywords: Keyword optimization is relevant and how! While creating app descriptions, make sure you include the targeted keywords at least 3 to 6 times. You can also seek references from the Adwords Keyword Tool, and look for lateral keywords as well. These keywords will play a vital role in increasing your app’s rankings.
• Declaring permissions: Never forget to mention about the permissions your app is asking for. Be transparent about this aspect along with the monetization models.

2.      CPI Campaigns for better positions

CPI or Cost-per-Install is an innovative technique to propel your mobile apps amongst the top 50 applications of your specific niche. CPI Burst Campaigns will help you achieve a secured spot amongst the best 50 apps, thus getting you more traffic.

3.      Create videos

Video creation for marketing the app is important too. The best way to nail down this task will be by hiring professional experts. Also, see to the fact that you have subtitles for local languages. Highly engaging and compelling videos will increase your mobile app’s visibility in searches.

4.      Discounts and offers

Offer your application at discounted rates for a limited time span. For mind-blowing results, you can also give it out for free. However, such exclusive offers and discounted rates should always be for a limited period.

Parting thoughts

With these handy tips, increasing your app’s downloads will be a cakewalk. If you need professional assistance in implementing these strategies, do connect with us at Goodworklabs for a quick consultation to make the most of your mobile app downloads.

Tech innovations have revolutionized numerous sectors and industries. If done right, technology has the power to transform even your living spaces like never before! The discovery and emergence of iOT play a highly significant role in this context. By empowering home automation solutions, IOT promotes smart living in a unique manner.

So, what is it that helps Internet-of-Things drive innovation in modern homes? Let’s take a closer look!

Statistics speak

Reliable market stats and data offer targeted insights into the picture. According to what statistics has to say, a whopping 62% of individuals owning mobile devices nurture huge interests about home automation solutions and equipment.

It’s quite obvious that homeowners are aware of these systems, and more than eager to embrace them. That’s not all; future seems to have something great in store for home automation systems and connected devices. If statistics are anything to go by, every household will have at least ten connected devices by the year 2020.

With such predictions, there’s no denying the revolutions and transformations brought about IOT in home automation.

Comprehending the concept

With that quick look at market stats, it’s time we move towards identifying the ways in which Internet of Things redefines home automation. But before getting deep down into the discussion, it’s quite imperative to find an answer to the following question.

What is home automation?

The concept of ‘home automation’ refers to the integrated functioning of essential electrical and utility systems in a home. Highly functional and innovative home automation solutions integrate the operation of numerous systems such as heating, electrical, and security, thus helping them function as one cohesive unit.

Advantages and current market trends

Unified and on-the-go communications, centralized control, increased convenience, and cost savings are some of the crucial benefits of home automation systems and solutions. Perhaps, that happens to be an important reason for tech giants such as Google, Apple, and Samsung to enter into this space.

It’s here that we come across the crucial question. How is IOT transforming home automation?

IOT and home automation: why’s and how’s

When it comes to revolutionizing the home automation systems and solutions, Internet-of-Things relies on innovation and tech advancements. Some of the technologies utilized and leveraged by IOT include:

• ZigBee: Essentially a wireless technology, Zigbee ensures communications between connected devices. Homeowners will experience integrated functioning across numerous systems present in their homes.
• Z-Wave: With low-powered RF embedded chips, this particular technology allows and ensures remote controlling of numerous devices. Z-Wave is quite a popular and widely used home automation technology.
• Insteon: By leveraging regular power and wireless lineups, this iOT technology controls devices working on wireless connections and power lineups.

These technologies play the vital role in transforming home automation along with creating endless possibilities for IOT. Connected devices and IOT have reached new heights with the widespread use of these unique and innovative technologies.

Final word

In a world where tech innovations are gaining grounds at a lightning speed, IOT or Internet-of-Things happens to be a necessity. With home automation system manufacturers adopting it at amazing pace, the possibilities for both IOT and home automation are almost limitless.

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