Understanding Business
Understanding Business
11th Edition
ISBN: 9780078023163
Author: William G Nickels, James McHugh, Susan McHugh
Publisher: McGraw-Hill Education
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Chapter B, Problem 2TIT
Summary Introduction

To discuss: Three smart devices and applications created by the interaction of the three components of Internet of things.

Introduction: Internet of things refers to use of everyday physical appliances which incorporates sensors, internet for the purpose of exchange of information.

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1. Research a selected Internet of Things (IoT) device or devices for your large organization. 2. Explain the strategic use of this IoT device(s) and its diffusion and implementation timeline in your organizational setting.   3. Describe the risks this  IoT device poses to future organizational revenue streams, expenses, and security.  4. Conclusions
What types of problems confront cloud-based businesses? Are there any advantages or disadvantages to doing this?
Explore the potential of IoT in transforming the retail sector. How can IoT be leveraged for personalized customer experiences and inventory management?
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