Page 5 - index
P. 5
RESEARCH, ANALYSIS & TRENDS
a number of industries, including computer science at the University often by region and can secure in-
retail," stated George K. Thiru- of Ulster, Ireland. "Millions of con- ventories appropriately so that deliv-
vathukal, IEEE member and profes- sumers are becoming familiar with ery time can be optimized.
sor of computer science at Loyola the idea of electronic payments and "Top online retail companies have
University, Chicago. "We are still in now it is becoming a common use pioneered the use of flying autono-
the early stages of 3-D printing and case for individuals to use their mous drones to deliver products to
although there are still many barri- phone's fingerprint authentication customers," stated Tom Coughlin,
ers to mainstream consumer adop- sensor to make payments - the IEEE Senior Member and founder
tion, there are great opportunities phone really is becoming the mod- of Coughlin Associates. "Although
that this technology could lend to- ern wallet. As near field communi- this technology is still in the devel-
wards education and the Do it Your- cation (NFC) technology becomes opment phase, drone deliveries
self (DIY) movement, such as pro- standard in more phones, so will could allow fast delivery of time-
moting the ability to create and in- the availability of electronic pay- critical items to remote locations.
novate." ments with retailers." Greater use of unmanned aerial
vehicles will depend upon resolving
Mobility & Merchandise: The rise Optimized delivery times: Your safety concerns, and will likely cost
of the modern wallet purchase is only a day away… more than delivery through conven-
tional channels."
Electronic payment technology is Until consumers are able to print
quickly becoming a preferred option their own products on a regular ba- In addition, IEEE developed an in-
for purchasing items. Technology sis, one-day delivery will become teractive infographic, which includes
companies are making it easier for commonplace. The market is still in the technologies listed above as
customers to make electronic pay- its infancy with companies currently well as further considerations, to
ments through their cell phones, testing and developing processes. showcase what the future of retail
which are beginning to be integrat- Receiving purchased products via will look like both physically and
ed by major retailers. the Internet will become even more digitally over the next few years.
streamlined, with more major retail- You can view the infographic by
"Many components that enable ers being able to accommodate visiting IEEE Transmitter.◊
NFC-smartphone electronic pay- deliveries within a few hours.
ments have been steadily falling Based on data about shopping hab- By MediaBUZZ
into place," noted Kevin Curran, its, retailers will be able to gauge
IEEE Senior Member and reader in which products are purchased most
MediaBUZZ Pte Ltd - Independant ePublisher for Asia ediaBUZZ Pte Ltd - Independant ePublisher for Asia
M
a number of industries, including computer science at the University often by region and can secure in-
retail," stated George K. Thiru- of Ulster, Ireland. "Millions of con- ventories appropriately so that deliv-
vathukal, IEEE member and profes- sumers are becoming familiar with ery time can be optimized.
sor of computer science at Loyola the idea of electronic payments and "Top online retail companies have
University, Chicago. "We are still in now it is becoming a common use pioneered the use of flying autono-
the early stages of 3-D printing and case for individuals to use their mous drones to deliver products to
although there are still many barri- phone's fingerprint authentication customers," stated Tom Coughlin,
ers to mainstream consumer adop- sensor to make payments - the IEEE Senior Member and founder
tion, there are great opportunities phone really is becoming the mod- of Coughlin Associates. "Although
that this technology could lend to- ern wallet. As near field communi- this technology is still in the devel-
wards education and the Do it Your- cation (NFC) technology becomes opment phase, drone deliveries
self (DIY) movement, such as pro- standard in more phones, so will could allow fast delivery of time-
moting the ability to create and in- the availability of electronic pay- critical items to remote locations.
novate." ments with retailers." Greater use of unmanned aerial
vehicles will depend upon resolving
Mobility & Merchandise: The rise Optimized delivery times: Your safety concerns, and will likely cost
of the modern wallet purchase is only a day away… more than delivery through conven-
tional channels."
Electronic payment technology is Until consumers are able to print
quickly becoming a preferred option their own products on a regular ba- In addition, IEEE developed an in-
for purchasing items. Technology sis, one-day delivery will become teractive infographic, which includes
companies are making it easier for commonplace. The market is still in the technologies listed above as
customers to make electronic pay- its infancy with companies currently well as further considerations, to
ments through their cell phones, testing and developing processes. showcase what the future of retail
which are beginning to be integrat- Receiving purchased products via will look like both physically and
ed by major retailers. the Internet will become even more digitally over the next few years.
streamlined, with more major retail- You can view the infographic by
"Many components that enable ers being able to accommodate visiting IEEE Transmitter.◊
NFC-smartphone electronic pay- deliveries within a few hours.
ments have been steadily falling Based on data about shopping hab- By MediaBUZZ
into place," noted Kevin Curran, its, retailers will be able to gauge
IEEE Senior Member and reader in which products are purchased most
MediaBUZZ Pte Ltd - Independant ePublisher for Asia ediaBUZZ Pte Ltd - Independant ePublisher for Asia
M
