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Internet of Things / Msc in Marketing 2015 - 2016 / Strathclyde University
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Transcript of Internet of Things / Msc in Marketing 2015 - 2016 / Strathclyde University
Key skills
Members of our team:
Aikaterini KoutsosimouKonstantinos ZaralisMarkella Lina GkorouSofia SpanopoulouPhoto by: Mark Green / editorial
director
Source: Wikipedia, the free encyclopedia
The Internet of Things (IoT) is the network of physical objects or "things" embedded with:
• electronics • software • sensors• network connectivity which enables these objects to collect and exchange data.
The Internet of Things allows objects to be sensed and controlled remotely across existing network infrastructure, creating opportunities for more direct integration between the physical world and computer-based systems. Improving :• efficiency• accuracy • economic benefit The term “Internet of Things” was coined by British entrepreneur Kevin Ashton in 1999.
The computer systems using the flow data
The communicatio
n networks
Source: Sas
The Internet of Things is composed of three main parts:
For further understanding..
Internet of Things appliances:
• Smart power grids incorporating more renewable energy sources, improve system reliability and reduce the charges consumers, thus providing cheaper electricity.
• Remote monitoring of patients, providing easy access to health care, improving the quality of services, increasing the number of people served, and saving money.
• Infant monitor that provides parents with real-time information about their baby's breathing, skin temperature, body position, and activity level on their smartphones.
• Using smartphone's range of sensors you can have a device in your pocket that can automatically monitor your movements, location, and workouts throughout the day.
Advantages
• Save money and time• Improves the living standards by
making your daily life easier• Familiarize with technological
improvements
Disadvantages
• Lack of security and privacy• Alienation from the social
environment• Obsessive use of appliances –
Becoming addicted
What are the:
• The total added value of the IoT in all sectors, will reach 1.9 trillion dollars by 2020 worldwide.
• Fifty billion devices will be connected to the Internet by 2020.
• Smart power grids in the energy sector is expected to double the market of customer’s information systems from $ 2.5 billion in 2013 to $ 5.5 billion in 2020.
• The widespread use of IoT technologies in the auto industry, it could save, $ 100 billion a year by reducing accidents.
What the future holds