Blogs

Internet of Things

Posted by Scott Nelson in Perspectives on 11/1/2022
“Beware of IoT” was the frightening headline from a recent article by Paul Bent in the Monitor 101 2022 issue. The article provided a quick history lesson on the “Internet of Things” as well as his perspective on protecting your company from potential liability of data collection, internet connectivity and potential threats to equipment assets in the ever-connected world of the internet.
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Posted by Tamarack in Tamarack News and Updates on 8/16/2022
Technology continues to transform business models around the globe as companies compete for customers and employees. How will emerging technologies impact equipment finance and what will the industry look like in five to 15 years? Monitor checks in with three industry leaders who share their outlooks and provide advice for creating business strategies that will survive the test of time.
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Posted by Scott Nelson in Perspectives on 6/22/2022
The availability and analysis of data is the driving force for change in business today and we see five ways that it is going to change the way equipment finance operates over the next few years. We note that “changing the way a business operates” is another way to say “changing our behavior” so we are really talking about five ways data is going to create innovation in our industry.
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Posted by Scott Nelson in Perspectives on 11/1/2021
If you look deeper – behind the financials – at the factors that are influencing trends and transforming industry economics, strategic planning is much more than updating last year’s AOP.
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Posted by Tamarack in Tamarack News and Updates on 9/6/2021
Two Twin Cities-based companies that help banks and other entities manage their lease portfolios — IDS and Tamarack Technology — are teaming up to support the digital transformation of the equipment finance industry.
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Posted by Scott Nelson in Perspectives on 8/25/2021
“Put the customer first” is a business fundamental as old as the occupations of baker, brewer and candlestick maker. But our relationships with customers have changed dramatically since the time of town square markets. Thanks to exponential technologies like the Internet, social media, software-as-aservice and the Internet of Things (IoT), change is accelerating dramatically and the world of equipment finance is no different than other industries. We too are having to keep up with change and one could even say we have been behind given our anxiety around fintechs, cybercurrencies and new ecommerce competitors.
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