Internet of Things (IOT)

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6 Terms

1
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Internet of Things

Network of interconnected physical devices that collect and exchange data through internet

2
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Value to Individuals

  • Safety

  • Personalization

  • Convenience

3
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Value to Business

  • Efficiency Gains

  • Resilience

  • New Revenue Streams

4
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Value to Society

Makes cities:

  • Smarter

  • Safer

  • Sustainable

5
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Competitors

  • 5G

  • LPWANC

6
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Challenges

  • Data Overload

  • Security Risks

  • Expensive