How internet of things can benefit everyone
At a telecommunications conference hosted by Huawei late last year, I told a group of senior executives looking for growth opportunities in a saturated market that about 1 billion new mobile subscribers were just waiting for their services. Then, I showed them a photograph of a cow.
People took photographs of my presentation with their smartphones. Some chuckled; maybe they thought I was joking. But I was dead serious.
Chinese dairy farmers are already connecting their herds to the internet. Cows wear collars with wireless sensors that collect biometric data such as body temperature and heart rate. Insights from this information are then used to improve milk production, helping farmers earn an extra $420 per cow per year, and increase overall profits by 50 percent annually.