IoT

IPS has designs on $155 billion medical market

BY GREGORY ZELLER // Hauppauge maker Intelligent Product Solutions is making its way into a projected $155 billion industry. Just two months after cutting the ribbon on a satellite office in the heart of Minnesota’s busy digital-medicine R&D ecosystem, IPS has launched a new consulting practice focused exclusively on medical product design. Led by Vice President Tim O’Brien, a 25-year medical-product veteran hired in 2016 to head up the Minnesota office, the Minneapolis-based Medical Product…


IPS-designed smart safe enters the war on drugs

By GREGORY ZELLER // Perpetual monitoring of your prescription medications is now an app away. A Westchester distributor has taken to Indiegogo with humanity’s “first Internet of Things-integrated personal safe,” and while there’s no reason you couldn’t use it to secure a passport, diamond or wad of Benjamins, the iKeyp is specifically “designed to disrupt the cycle of prescription drug theft and abuse,” according to Solo Technology Holdings LLC. Aiming for $50,000 in 45 days,…