Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

New Internet of Things Platform development

Press Release for new Internet of Things Platform development

Locally owned Digital Marketing and Development Agency Zarex Limited announced today that it is investing in the development of a local platform to power one of the worlds FASTEST GROWING TECHNOLOGY SEGMENTS - the INTERNET OF THINGS.

The Internet of Things (IoT) is widely expected to be one of the largest sectors of the global economy. In June 2015 McKinsey predicted the value of the market could reach as much as *$11 Trillion per year in 2025*, a significant portion of the total global economy.

Zarex is developing a platform for use by small to medium sized New Zealand businesses to add value to their customers.

Zarex Director, Simon Fortescue commented that "IoT represents a fantastic opportunity for innovative small businesses to remain engaged and upsell to their customers long after a sale."

"Further, and if you look at the myriad of intelligent devices already available to consumers which includes bikes, smoke alarms, intelligent clothing and even lightbulbs most businesses that resell or manufacture products really cannot afford to ignore it".

"Businesses using our platform will proactively alert their customers to issues with device performance and will even inform them of actual breakdowns before the user realises there is a problem."

"End customers should expect a responsive website dashboard showing key metrics and data from their products which can be accessed securely, from any device, at any time. We can also develop and integrate with mobile apps."

Businesses who fail to identify the opportunities presented to them by IoT may well be sidelined by the very manufacturers who supply them as they will be able to form direct direct relationships with the end customers by supplying such information directly from their own websites.

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Primary Sector Council Report: Vision To Unite The Primary Sector Launched

Agriculture Minister Damien O’Connor has welcomed the release of a bold new vision for the country’s vital food and fibre sector. More>>

ALSO:

Crown Accounts: Treasury HYEFU Sees Deficit Then Rising Surpluses

An operating balance before gains and losses deficit of $0.9 billion is forecast in the current year, before returning to a small surplus in 2020/21 which then grows to reach $5.9 billion (1.5% of GDP) in 2023/24. More>>

ALSO:

Fuels Rushing In: Govt "Ready To Act" On Petrol Market Report

The Government will now take the Commerce Commission’s recommendations to Cabinet...
• A more transparent wholesale pricing regime • Greater contractual freedoms and fairer terms • Introducing an enforceable industry code of conduct • Improve transparency of premium grade fuel pricing... More>>

ALSO:

Reserve Bank Capital Review Decision: Increased Bank Capital Requirements

Governor Adrian Orr said the decisions to increase capital requirements are about making the banking system safer for all New Zealanders, and will ensure bank owners have a meaningful stake in their businesses. More>>

ALSO: