Our primary goal at IoT Sources is to bring our members the very best IoT business use cases as they emerge. The following is an excellent example of how smart companies are putting IoT thinking to work.
Smart Vending Machine Services Make Their Debut
Every one of us is familiar with the good old vending machine. They are uncomplicated and they serve the purpose they are designed for. That is until now. Similar to the transformation that is occurring in the retail industry overall, the traditional vending machine business is being modernized with help from the Internet of Things. One Long Island based company has introduced a smart vending machine that can not only deliver the goods, but also provide data on inventory, revenue and even consumer behavioral trends. And because the devices are digital, they can accept many types of digital payments, while even carrying digital advertising as well.