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February 11, 2019 • Issue 19:02:01

IoT payments:

fast, fraudproof, frictionless

identified five core IoT capabilities: connect, secure,
manage, analyze and build. Following are examples of
how each capability helps protect physical assets across the
supply chain while facilitating fast, fraud-proof, frictionless
payments.
Connect
IoT software platforms gather data from low-level
sensors attached to billions of products to authenticate,
manage and protect industrial assets. These platforms
use communications protocols and gateways to extract
data and update digital systems. RFID tags, barcodes, QR
codes and heat-sensing devices are popular inventory
scanning methods. Forrester researchers cited narrow-
band networks, Bluetooth LE, LTE Cat 0 and Wi-Fi as
communications options.
By Dale S. Laszig
Impinj Inc., a global RFID solutions provider, helps
new population of commerce-enabled machines enterprises wirelessly connect and network physical
equipped with intelligence and sensemaking objects to the Internet while gathering information about
capabilities is challenging our most deeply each item. Gaylene Meyer, vice president, global marketing
A held ideas about payments. Smart refrigera- and communications at Impinj, said Macy's, Zara's and
tors monitor inventories, reordering food when supplies other retailers use the company's RAIN RFID solution to
are depleted. Smart televisions expand viewing options, track, identify, locate and authenticate inventoried objects.
adding music, video streaming and Internet content to By combining item connectivity with item intelligence,
traditional programming. Vending machines initiate trans- the solution enables companies to manage devices and
actions when doors open and check out removed items products across an enterprise, she added.
when doors close. These are examples of how the Internet
of Things (IoT) is transforming commerce.

Organizations use IoT technologies to automate tasks
to improve efficiencies, product development and Contributed articles inside by:
the customer experience. Software innovations are
augmenting, not replacing physical products, experts Dee Karawadra ......................................................................................34
say. These innovations make products discoverable in the William C. Nichols .................................................................................36
IoT and bridge the divide between physical and virtual Bill Pirtle ...................................................................................................38
environments.
Mia Farber ...............................................................................................39
Numerous innovations that originated in the industrial Nicholas Cucci ........................................................................................40
IoT found their way to the broader IoT ecosystem. In
August 2018, Forrester Research published The Forrester TOC on page 3
Wave: Industrial IoT Software Platforms, Q3 2018. The report

Continued on page 30