The Internet of retail must conform to agreed standards to reach its full potential
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Professor William Webb, CEO, Weightless.
Whilst William is certain that IoT will revolutionise retail, he also believes progress could be slowed and even interrupted either by an absence or clash of standards. After all, it is entirely evident that it was open standards that have delivered sustainable wireless technologies over the past thirty years and more. True open standards support multiple vendors who, in turn, stimulate ongoing innovation and, through greater competition, lower costs. Open standards also provide for access to royalty-free IP to minimise production cost and they ensure interoperability between manufacturers. Weightless is a set of wireless communications protocols and technology standards for exchanging data between a base station and thousands of machines around it. It connects smart machines to the Internet over distances ranging from a few metres to about 10 kilometres, and as the Prof explains, such, is ideal for use in Internet of Retail circumstances.
Filmed at: The Internet of Retail 9-10 February 2016, Crowne Plaza Gerrards Cross, Buckinghamshire