. | . |
Samsung to invest $1.2 billion in IoT research in US by Staff Writers Washington (AFP) June 21, 2016 Samsung announced plans Tuesday to invest $1.2 billion for US-based research over the next four years on "human-centered" applications for the Internet of Things. The South Korean electronics giant said the research aimed to improve applications for connected everyday objects for health, public safety and energy efficiency, for example. Some of the projects may include applications to help monitor elderly people with dementia, find deficiences in roads and bridges or detect earthquakes in real time, Samsung Electronics vice chairman and chief executive Oh-Hyun Kwon told a Washington conference. "At Samsung, we believe in thinking differently abut solving problems with IoT," Kwon told the "Internet of Things: Transforming the Future" conference at the Washington Post. "Everyday objects can be transformed into solutions. Trucks can become mobile data collectors, making our bridges, and people, safer. We just need the creativity to see these things from a new angle." Kwon offered some examples of how the Internet of Things, or connected objects, can improve lives. For example, someone with dementia can be equipped with a device to allow family members to know their location. And smart homes can be more precisely programmed and tuned to save energy costs. Smartphones, he said, could detect seismic vibrations in earthquakes in time to shut down gas lines, potentially saving lives. "Today, IoT is changing individual lives -- helping people to age in their own homes," Kwon said. "But tomorrow, using IoT, we can give the same independence to millions of Americans. We can keep people out of hospitals and nursing homes." Samsung, which last year opened a Silicon Valley research center, employs some 15,000 people in the United States, according to Kwon. rl/jm
Related Links Satellite-based Internet technologies
|
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us. |