Tag: Philips

Electrical industry in pole position to fuel the IoT revolution

Noun: Internet of things A development of the Internet in which everyday objects have network connectivity, allowing them to send and receive data. by Debbie Eales, Editor I’m a great fan of plain English, so, when I first heard about “the Internet of Things” – it left me scratching my head as I wondered: “What […]

Industry leaders claim Internet of Things will create millions of job opportunities

“Onus is on the electrical industry to ensure standards are in place to fuel the IoT revolution” The Internet of Things (IoT) will create millions of job opportunities worldwide, according to leaders from the electrical industry, who poured cold water on speculation that automation could cause massive job redundancies. Executives from the ‘troops on the […]

By October 10, 2014 0 Comments Read More →

Philips splits off lighting solutions to create “market leading” company

Philips has announced the creation of two market-leading companies focused on lighting solutions and ‘HealthTech’ opportunities.  “I do appreciate the magnitude of the decision we are taking, but the time is right to take the next strategic step for Philips, as we continue on our transformation,” said Frans van Houten, Chief Executive Officer of Royal […]