Exploration of the 4th Industrial Revolution technologies, starting with Internet of Things (IoT).
Overview of IoT
What IoT is, its important features, the problem(s) it solves, and how it works.
Potential business applications for the IoT
Risks, challenges, and potential unintended consequen...
● The technology is very simple
● It is the power of the data that make IoT so powerful
● All of these devices create and share data
● There are both business and consumer opportunities
Number of Internet of Things (IoT) connected devices worldwide from
2019 to 2021, with forecasts from 2022 to 2030 (in billions)
,How much is spent in IoT each year?
IoT Global Spending by Category
,IoT Device #1
Internet of Things (IoT)
A network of Internet connected objects that collect, process, and exchange data
without human intervention.
IoT devices are nonstandard computing hardware
IoT extends internet connectivity beyond typical computing devices – such as desktops,
laptops, smartphones and tablets
● Is my energy consumption optimized?
● Do my crops need water?
● Is my heart rate normal?
● Where are the bottlenecks in the supply chain?
● Is our manufacturing optimized?
● Is there a potential for the machine to break down?
IoT Business
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller alexperez. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.16. You're not tied to anything after your purchase.