Cloud technology has been instrumental in growing businesses’ profits. With cloud technology, organizations can reduce hardware and labor costs while increasing productivity. Many industries have experimented with cloud technology for years with great success. In the past few years restaurants have started using cloud technology in hopes of securing that same achievement.  According to the Food Service Restaurant (FSR) Magazine, 60% of restaurants fail in their first year while 80% don’t make it past their fifth anniversary.  With raising food costs, competition from neighboring restaurants, rent, and labor wages - restaurant margins tend to be razor thin. In a cut-throat industry – error is not an option.

The concept of creating a digital twin involves developing a virtual representation of a physical object or system. Sensors are used to collect real-time data regarding the object or process under investigation. This data is used to construct a simulated representation that can be analyzed or manipulated in order to study and predict its behavior. 

Physical access controls are essential in a wide range of situations. They can be instrumental in protecting corporate resources, monitoring employee movements, and maintaining the safety of society at large. The importance of denying unauthorized access to facilities such as nuclear power plants or hospital pharmacies cannot be debated. 

If that sounds like the title to a science fiction thriller, then wait until you hear the latest news coming out of the Technology sector happening right now. IBM is currently offering quantum computing in a 5-qubit and a 20-qubit version as a cloud service. Banking and Financial big names Barclays and JPMorgan Chase have seized that opportunity for themselves and jumped on board to help their investors hunt for profits.