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Internet of Things (IoT): Applications and Challenges

   

Added on  2020-02-05

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Internet of Things (IoT): Applications and Challenges_1

Table of Contents
INTRODUCTION...........................................................................................................................3
Literature review..............................................................................................................................3
Critically discussion on challenges and opportunities of digital business .................................3
2. Creating well-designed Poster.................................................................................................7
CONCLUSION ...............................................................................................................................8
REFERENCE ..................................................................................................................................9
Bhardwaj, A., and et.al., 2013. Digital Business Strategy: Toward a Next Generation of Insights.
MIS Quarterly. 37 (2), 471-482 .....................................................................................................9
Johan, o. And Lora, A., 2011. Crowdsourcing in the cultural heritage domain: opportunities and
challenges. [Online] Available through: <http://dl.acm.org/citation.cfm?id=2103373 >.
[Accessed on 17th November 2016]..............................................................................................10
Internet of Things (IoT): Applications and Challenges_2

INTRODUCTION
Internet of things (IOT) is a system which comprises interrelated computing device which
help to transfer data (Yang, Yang and Plotnick, 2013). In respect to this, it includes mechanical
and digital machines, objects, animals and people that are provides open network to create
network. In order to achieve positive business outcomes, present report consist internet-of-things
through enterprise can find opportunities and challenges which need to be accomplish by
organization to support the firm. Further, IOT has evolved from convergence of wireless
technologies such as micro-electromechanical system include in the environment of enterprise.
In respect to this, present report considered literature review to discussing critically about
challenges and opportunities which need to introduced by businesses. Furthermore, it covers
well-designed of digital academic poster which cover background of the topic area. Moreover, it
also includes recommendation that how society give benefits to overcome negative impact. In
addition to this, it covers focus on an area of learning and practices which used to reflect the firm
outcomes.
Literature review
Critically discussion on challenges and opportunities of digital business
Digital transformation is very important aspect in today's time which comprises the best
way to staying one step ahead from other enterprise (Williamson, 2015). In this context, every
Internet of Things (IoT): Applications and Challenges_3

firm face some challenges and they have opportunities through they can enhance their
operations. In respect to this, it can be done in following description:
Opportunities
Opportunities are the positive outcomes through digital business can promote their
operations in different part of the nation. In respect to this, DotHarvest business work as a digital
enterprise (Westerman, Bonnet and McAfee, 2014). They mainly feature quality, hand-picked
and unique domain name which create effective name for the for company or product. In this
context, following aspects can be considered in the enterprise:
Internet-of-Things (IoT)
As per the vire of Liu and Tang (2014). In order to using visual signal solutions, Iot help
to improve customers experiences. Iot connect people and device with each other which
demonstrate a way to reach appropriate customers. According to Lupton, timing consist key
element through organization can lose their place when they dealing with different aspect as
same time. However, according to Lupton, 2015 it can be stated that if business operate functions
too early, they could be fail. Thus, they need to determine right time-frame to achieve business
outcomes (Lupton, 2015). For example, Equine digital media company matching domain name
for various web sites and digital media services company Yang, Yang and Plotnick 2013 claim
that, focusing exclusive on the equ
Micro moments
In this time consumers wants everything at that place through they can access services
easily. From the opinion of Murthy and Kumar, 2015 it can be argued that, every business cannot
reach each place easily. As results, they cannot supply products and services easily. Thus,
customers access their services through google which demonstrate power of their mobile.
Further, google recently impulse bricks and mortar shops to invest more in micro monuments
(Murthy and Kumar, 2015).
Digital workforce and new ways of working
In these days, start-ups of new business can work with small enterprise. As per the point
of Kortuem and Bandara, sataed that these ways, can be helpful to uses the web and technology
to create teams. However, it can be argued that Stone and Woodcock, 2014 With the help of this
way, working of every employee can be fulfilling which work on project (Kortuem, Bandara and
Petre, 2013).
Internet of Things (IoT): Applications and Challenges_4

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