Internet Of Things Case Study
targeting the markets based on all system-produced data and how they use it during the sales while interacting with the customers. In short, it’s a whole new experience.
• New Business Opportunities: IOT opens up opportunities for new businesses and increases the revenue flow. Internet of Things strengthens business operations by providing smart devices and services, resulting in efficient operations.
Internet of Things can help businesses in every aspect. All the above mentioned advantages will take the business world to a completely different level.
CHALLENGES FOR THE MANAGEMENT
Internet of Things brings a lot of complexity with itself. Businesses encounter multiple of barriers to adoption. Below are certain challenges which businesses face while implementing IOT.
• Complexity, Confusion and Integration Issues: Internet of things involves large number of …show more content…
Previously, computers relied heavily on human-entered data, but IOT has now taken over. Internet of Things is too close to an automated or robotic world. Every physical thing can now be connected to the internet, pushing us towards an era of hyper connectivity. On one side IOT is benefiting the world by cutting down human efforts and relying more on technology, while on the other side it has many drawbacks and challenges. Implementation of internet of Things can surely change our lives and make them way better and easier but this requires certain policies and procedures to be followed. Businesses that are successful in adopting Internet of Things consider it as a blessing while on the other hand it is scary and threatening for those who lack knowledge and skills required for using IOT devices and systems. Organizations should stay up to date with this changing world environment and become familiar with this innovative world of Internet of things, as it will soon become a global
• New Business Opportunities: IOT opens up opportunities for new businesses and increases the revenue flow. Internet of Things strengthens business operations by providing smart devices and services, resulting in efficient operations.
Internet of Things can help businesses in every aspect. All the above mentioned advantages will take the business world to a completely different level.
CHALLENGES FOR THE MANAGEMENT
Internet of Things brings a lot of complexity with itself. Businesses encounter multiple of barriers to adoption. Below are certain challenges which businesses face while implementing IOT.
• Complexity, Confusion and Integration Issues: Internet of things involves large number of …show more content…
Previously, computers relied heavily on human-entered data, but IOT has now taken over. Internet of Things is too close to an automated or robotic world. Every physical thing can now be connected to the internet, pushing us towards an era of hyper connectivity. On one side IOT is benefiting the world by cutting down human efforts and relying more on technology, while on the other side it has many drawbacks and challenges. Implementation of internet of Things can surely change our lives and make them way better and easier but this requires certain policies and procedures to be followed. Businesses that are successful in adopting Internet of Things consider it as a blessing while on the other hand it is scary and threatening for those who lack knowledge and skills required for using IOT devices and systems. Organizations should stay up to date with this changing world environment and become familiar with this innovative world of Internet of things, as it will soon become a global