The internet of things is everywhere, even if you don't realize it. The self-cleaning coffee machine, the vacuum that cleans your house when you're away--it's all connected through IoT. Susan Galer, SAP Marketing and Thought Leadership Director, joins Cheddar to discuss the challenges, applications, and future of IoT.
Galer explains how industries such as smart cities and transportation will start using IoT to flourish. In terms of creating a smart house, she says IoT can apply to any household appliance from the stove, to a refrigerator, to the heating system. Coupled with machine learning, IoT allows items to keep track of appliances and automatically share problems with the designated party. Plus, it allows the user to save money by providing maintenance when needed.
Additionally, Galer talks about the future of IoT-enabled products with smartphone activation. By 2020, she says IoT technology will be in 95% of electronics for new product designs.
This time it’s for real. Many of Twitter’s high-profile users are have lost the blue check marks that helped verify their identity and distinguish them from impostors on the Elon Musk-owned social media platform.
Paul Miller, certified public accountant and founder of Miller & Company LLP, joined Cheddar News to discuss what electric vehicle owners should know about tax credits and the new rules to qualify for them. "I would definitely make a phone call to your accountant ... to your CPA to ensure that you're getting the credit and it's applicable," he said.