Samsung Electronics has announced a new strategy for helping businesses adapt in the era of the Internet-of-Things,... a phenomenon where everything we touch or interact with is connected to the World Wide Web.<br />Kim Ji-yeon reports. <br />Korean tech giant Samsung Electronics has laid out a new strategy for helping businesses integrate the Internet-of-Things into their operations.<br />It's providing business-to-business solutions in the areas of retail, education, hospitality, healthcare, finance and transportation.<br />At the CeBIT computer expo in Hannover on Monday, the company's president and chief marketing officer, Hong Won-pyo, announced the creation of Samsung Business.<br />He says the brand will help businesses boost productivity with tailored solutions for saving energy and inventory management. <br />Samsung Business will unify previous B-2-B solutions, including its KNOX security platform and its SMART Signage display system to help businesses adopt the Internet-of-Things.<br />Hong added, though, that the company needs to overcome major challenges to accelerate I-o-T adoption,... namely platform compatibility, data analysis and security.<br />Until now, the tech giant's I-o-T services have targeted the average consumer, with smart health and smart home devices.<br />The company is also trying to gain a competitive advantage in the sector through faster connectivity.<br />It set a goal of connecting all of its products and devices through fifth generation networks, which is one-thousand times faster than 4G LTE, by 2020.<br />Kim Ji-yeon, Arirang News.
