Friday, December 02, 2016

Internet of Things

From IoT 2016:

The rapid advancement and ubiquitous penetration of mobile network, web based information creation and sharing, and software defined networking technology have been enabling sensing, predicting and controlling of physical world with information technology. Every business process can be empowered, and therefore, various industries redesign their business models and processes along Internet of Things (IoT) paradigm. To maximize the social and economic benefit of the technology, issues of interoperability, mashing up data, developing open platforms and standardization across technology layers have to be addressed.

From Business Insider:

Many industry experts and excited consumers have pegged The Internet of Things (IoT) as the next Industrial Revolution or the Next Internet. Because it will be the future of the way businesses, governments, and consumers interact with the physical world.

From Forbes:

IoT is centered on the idea that there is a tremendous amount of sensor data that could be used to run value chains more effectively. Within demand management, however, there are already huge amounts of data that too few consumer goods and food & beverage companies fully leverage – Point of Sale (POS) data.

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