Samsung and IBM create worker safety platform for enterprises - Business Insider

a joint platform that uses technologies like 5G and AI to monitor employee well-being. The scalable platform enables enterprises to track their employees' vitals while on the job by using IBM's cloud and AI to aggregate data from Samsung devices.If physical distress is detected, the platform can dispatch help. Samsung's wide array of Galaxy smartphones, smartwatches, and tablets enables potential enterprise clients to choose the form factor that best suits their needs and budget.

Samsung's platform allows it to leverage its existing lineup of devices to create a new revenue opportunity. The platform aims to reduce the approximately deaths attributed to occupational accidents each year, as it's initially focused on high-risk applications like first responders and manufacturing plant workers. To open further revenue streams, Samsung should look to expand the platform to industries like trucking, healthcare, and even hospitality.

Monitoring services like Samsung and IBM's also present new revenue opportunities for telecoms. Telecoms could partner with Samsung and IBM to provide 5G connectivity for the platform, or replicate the model with their current tech partners. For example, AT&T could work with existing device partners and cloud providers to build a rival service that leverages the telecom's 5G network to provide real-time insights with minimal latency. Either approach would allow telecoms to derive more revenue from the next-generation network technology — 5G business opportunities will generate $619 billion,

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

IBM picked a fight with Google over its claims of 'quantum supremacy' - Business InsiderIBM picked a fight with Google over its claims of 'quantum supremacy.' Here’s why experts say the feud could shake up the tech industry's balance of powers.
Source: BusinessInsider - 🏆 729. / 51 Read more »

WeWork's toxic phone booths were created in-house by its 'Powered by We' business - Business InsiderWeWork used a Chinese manufacturer to build these booths and didn't have access to supply chain, materials records, sources say. WeWork
Source: BusinessInsider - 🏆 729. / 51 Read more »

IBM picked a fight with Google over its claims of 'quantum supremacy' - Business InsiderIBM picked a fight with Google over its claims of 'quantum supremacy.' Here’s why experts say the feud could shake up the tech industry's balance of powers.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Mars CEO breaks down the transformation of the $35 billion company - Business Insider'Everything ... is radically different from when I started,' said Mars' CEO Grant Reid told Business Insider.
Source: BusinessInsider - 🏆 729. / 51 Read more »

The rise of obesity among young people is creating a looming health crisis - Business InsiderThe rise of obesity — which can lead to chronic conditions — will be pricey for patients and the healthcare system. axios They are all working as GOP trolls
Source: BusinessInsider - 🏆 729. / 51 Read more »