Business Intelligence on IoT

This report discusses the impact of IoT on business and how it has increased the growth rate of companies. It covers the advantages and challenges of IoT, its future in the market, and the implementation of business intelligence on IoT. The report also highlights the key factors and requirements for IoT projects. The subject is Masters in IT - Networking and the author is Mohammad Zeeshanuddin.

BUSINESS INTELLIGENCE ON IoT
Mohammad Zeeshanuddin – 11662275
Masters in IT – Networking
Abstract
Internet of things is referred to as the
growing network of objects that features an
IP address for connectivity with the internet.
The primary objective of the report is to
discuss the impact of IOT on business. The
study will explain the result and the ratio to
which IOT has increased the growth rate of
the company. The various aspects of
business where it gained immense
popularity will be discussed further. Finally,
the report will conclude with the business
intelligence on the internet of things.
Introduction
The IoT (Internet of Things) may have many
advantages in which it helps human to
automate their work, but it also comes with
some disadvantages. Understanding of the
technology is also important as it helps one
manage the system smoothly hence limit the
possible disadvantages that may rise
(Internet of Things (IoT) History).
We should not depend completely on the
technology. But with the help of IOT, many
organizations have improved their business
strategy. The main part or the important
parts in IOT architecture is the IOT network.
IOT network should be highly secure and
with latest trends of security approaches to
prevent the eavesdropping, illegal access of
the user's data etc. Some Hackers group or
Illegal activists may try to break the IOT
security and causes harm to the data without
permission (Internet of Things (IoT)
History). There should be new and upgrade
tools and processes which are used for the
access of the information in real time. These
new tools come with better secure frame
works which are also implemented in the
upgrades. This shows the need for the
constant upgrade of our systems. We can
have the smart life with the help of IOT in
every aspect like smart cities, smart homes,
and smart voice assistant.
To make IOT secure and safe, advanced
Encryption and Decryption methods should
be used. The objectives of this research is to
analyze the use of Business Intelligence in
IOT industries.
IoT system comprises four components:
connectivity, sensor, data processing, and a
user interface (Gubbi, Buyya, Marusic, &
Palaniswami, 2013). This report will mainly
discuss the use of IOT in business. In the
market for developing technology, IoT
services linked with the company helps to
earn more worth for businesses. IoT has
connected business and people in a
significant way. It also provides all solution
from Apple watches to standard phones.
Literature Review:
In the past years, IOT was not famous like it
is nowadays. IOT has been used only by the
large companies’ folks. According to the
IBSG (Cisco Internet Business Solutions
Group), the IOT was born in between 2088
and 2009 when at some points, all the things
or objects were connected to the outside
world with the help of Internet than people
(Tozzi, 2016, May 26). Since then, the
innovation in IOT increase traditionally
from connected device to any other devices
with the power supply and internet
connectivity.

Many manufacturers have created their own
version of Internet of Things, which is called
as IIOT (Industrial Internet of Things),
which mainly used in monitoring the power
supply of factories, or capture data for
quality management and quality control and
also helps organization to take effective
measures to increases the profit. It is states
that by 2027, more than $1 trillion revenue
will be generated with IOT according to the
Navigant (Tozzi, 2016, May 26).
There were many companies which were
unaware of the benefits offered by IOT and
IIOT services. If we fail to take the most of
the advantages from the technology services,
we will be the outdated in this competitive
market.
IOT has been popular in the recent years to a
massive scale. The IOT is no longer the
inter-network connected devices, but
nowadays, it expands into the TVs to
thermostats to cars, to wearable devices.
Figure 1: IoT cloud solutions (How IoT
cloud solutions connect you to the world.
2015, December 03).)
Key Factors of IOT:
The main differences between modern IOT
with the past years since 2000s. There are
several key factors: --
(1) expansion of networking capabilities
(2) large-scale data analysis tools
(3) available data storage
(4) data security methods
Cloud has significantly contributed to the
success of IoT (Rahul, 2015, December 28).
The availability of cheap, high affordable
and available cloud infrastructure makes
easy to remove loads from the IOT devices
to Cloud servers. In shorts, IOT can be
cheaper, clever and faster.
With the help of Clouds, smart thermostat
has to upload basic reading to the cloud and
on the other end, it displays on your mobile
application or web browser. And you can
also send the instructions through the cloud
to manage the home's temperature (Rahul,
2015, December 28). Thermostat does not
have to store the data in itself.
Figure 2: Problem in IOT architecture (IoT
Security: 10 Challenges of Securing IoT
Communications, 2015, May 04)
IOT challenges:
Though IOT offers many benefits, there
were challenges while using IOT in a huge
scale. One is the lack of acceptance of
universal standards in IOT technology.
There were no universal accepted standards
for using IOT services. The only available
standards in IOT is the “AllJoyn
framework”.
With the increased in the inter connected
devices, more the traffic need to handle in
the clouds, slower the process. It can also
move into the new IT infrastructure, but it is
slow and costlier process. Lack of Infinite

Bandwidth also plays an role in slower
down the IOT process.
Power is a problem, too. Since the IOT
manages the large number of devices spread
over a wide infrastructure, permanent power
sources is required for realizing IOT's full
potential to make this system work over a
long period of time. But this technologies in
the power will takes time before batteries in
IOT device last for many years.
Requirements for IOT projects:
(1) Sensors
(2) Cloud infrastructure
(3) User interface Design
(4) High Bandwidth connectivity
(5) Data analysis tools
The above are the main parts with which the
IOT project will accomplish. With the IOT,
it is estimated that within 5 years, more than
50 billion devices will be connected with
each other (Rahul, 2015, December 28)).
The prerequisite of IOT are many but main
three categories; --
(1) intelligence
(2) sensing and
(3) communication
Intelligence and Sensing: --
Wireless network plays a vital role in IOT
infrastructure. Sensors will collect data from
world around us and transmit the data to the
cloud where it is analyzed and utilized and
from there, data is properly visualized in the
web or mobile applications (Camhi, 2015,
November 06). And user can control the
sensors’ operation from any location with
the internet connectivity. Sensors also must
have power use efficiency. The smart
connected device will be idle for many
times. In shorts, 90% of times the device
will not need power for relaying data.
Sensors requires the intelligence hardware
which can use low power technology or
ultra-low power sleep mode capability.
Many companies are already manufacturing
the smart device with these facilities to save
the power outage in the smart devices.
Smart Communication:
IOT should have smart communication
mechanism to transfer data from one device
to another. Smart device like ZIGBEE is
used to exchange data between devices less
power consuming (How IoT cloud solutions
connect you to the world, 2015, December
03).
High Bandwidth internet connectivity is also
required when large number of devices are
connected with each other in the IOT
infrastructure. With the network drops, the
data can be corrupted which will result in
corrupt analysis.
WIFI: -
WIFI is one of the most important
components for the IOT. It comes in handy
while transferring high data transmissions
due to its reliability. Good examples used on
a daily bases by many users would be in
different applications for the sharing of
audio, video or remote device controlling
(Ray, n.d).
Current technique in IOT:
(1) Wireless Technology
There are many wireless technologies use
in IOT out of which the 5 main technologies
are:-- ZIGBEE, Wi-Fi, Bluetooth and BLE
and WIMAX (Ray, n.d).
Wi-Fi use Radio waves to communicate
between 2 devices. Its common use it mainly
for the connection of one or more devices to
the internet via an internet router. Its uses
are not limited since it can also be used for
the connection of two hardware accessories
or components. Basically, Wi-Fi can be
defined as a local wireless network that
runs on the 802.11 standards set forth by the
IEEE (Ray, n.d).
Bluetooth and BLE (Bluetooth Low Energy)
is used to communicate between the devices

at a short distance. This technology has been
accepted by many speaker’s system.
Bluetooth Low Energy is used in many
devices like fitness trackers, speakers and
smart watches which is used to transfer data
wirelessly (Camhi, 2015, November 06).
Figure 3: IOT (DVM)
(2) IoT Operating Systems: -
Operating systems like Windows and IOS
were not designed to sue for IOT
technologies. This OS consumes too power
and need processers which are fast in speed
and lack in some features like real time
information’s. So, for IoTs system, a wide
range of IoT of has been developed to get
the basic IoT features and benefits.
Figure 3: Estimated internet -connected
device installed Base (Columbus, 2016,
November 27).
Future of IoT: -
figure 4: IoT Future analysis (How IoT
cloud solutions connect you to the world,
2015, December 03)
Figure 5: IoT Global field of Opportunity
(How IoT cloud solutions connect you to the
world, 2015, December 03)
Discussion
This report tends to extensively discuss the
business intelligence implementation in
relation to the internet of things. Business is
being in connected with IoT, and this is
benefiting the market to no small extent.
Implementation of this new technology has
significantly helped businesses cope with
the changes in the market and gave most of
the businesses a competitive advantage over
their competitors within the given market
(Fuller, 2018, August 31). Business
Intelligence is the process of analyzing data
and presenting the information to managers
and organizations to help them take future
Business decisions that have been
strategically analyzed and approved by the
analysis of all the available information.
Business growth is expected to rise with the
integration of IoT. It has been estimated that
over 75 billion devices will be
interconnected by 2025.
This report tends to discuss the business
intelligence on the internet of things.

Business is connected with IoT, and this is
transforming the market and how businesses
were traditionally being executed. Uses of
IoT on business are:
Advantages of IOT
Business opportunities increase
Everyone within the business environment,
inclusive of the consumers the employees
and corporates, are all embracing the
changes brought by the revolution called the
Internet of Things (IoT). It has changed the
world in more ways than we could imagine
until a few years back. These changes are
yet t continue since the invention and
implementation of IoT has received
numerous transformations over time and this
is still in progress (Fuller, 2018, August 31).
Already the numbers are staggering; billions
of sensors connected with billions of devices
are redefining almost everything under the
sun. It is estimated that around 75 Billion
devices will be interconnected by 2025 as
seen earlier hence it un-imaginable the
expected business evolution that is to
happen in the current market (What is
internet of things (IoT)?).
With the implementation of IoT, new
business opportunities opened up for people.
Also, helped companies to earn benefit from
new services and models proposed by IoT.
IoT-driven innovative ideas for building
strong cases for an organization decreases
the time required for marketing and
increases investment on returns
(Sannapureddy, 2015, February 25). IoT has
the potential to convert the way business,
and consumers approach the IoT world
beyond connectivity.
Changes in the new technology has
introduced different perspective of the
business that has introduced new
opportunities. The advancements in the
sector have impacted the cost of this
technology as well as the simplicity of
implementation for the businesses.
The compatibility of this technology has
made it possible for different businesses in
different sectors to implement it. For
example, hotels, restaurants, clubs among
other hospitality sector businesses have
managed to implement the technology and
this has impacted their market tremendously.
This technology Physical Web | (IoT) | Apps
has a wide range of impact on the business,
it changes the image of the restaurant,
manages to upgrade the experience received
by the customers among other features. The
technology has managed to integrate the
business appearance and customer reations
perfectly well and easily (What is internet of
things (IoT)?).
The following are the ways in which IOT
serves us better:--
Business Revenue Growth: the increased
opportunities as a result of IoT
implementation has led to the increase in the
economic growth of the businesses which in
return has led to the revenue increase in the
process. this has seen the revenue patterns
increase as the technology gets implemented
in different businesses.
Strategic Decision-Making: With the
gathered data and the processed information,
decision making has been significantly
affected in the managerial sector of the
company. The decision-making process is
strategic due to the available information.
Reduction in costs of Components: As the
technology advances the cost of IOT
component has dropped hence making the
systems more affordable. This has led to
more businesses implementing IOT due to
its affordability.

Safety and Security: implementation of
cameras, sensors or the smart looks within
the systems have improved the physical
security of the businesses and managed to
reduce the threat level within the workplace.
Efficient Process: IoT devices will help to
track the customer's requirements in real
time while decreasing the cost of operation.
With the implementation of IoT, new
business opportunities opened up for more
people. It has also helped companies to earn
benefit from new services and models
proposed that have been integrated with the
new technologies (Evans, 2018, May 31).
IoT-driven innovative ideas for building
strong cases for an organization decreases
the time required for marketing and
increases investment on returns. IoT has the
potential to convert the way business, and
consumers approach the IoT world beyond
connectivity.
Enhanced Asset Utilization
IoT improves tracking of assets using
sensors and connectivity, and this helps the
organization from insights in real-time
(Evans, 2018, May 31). This helps the
organization to encounter the issues related
to assets and to generate measures to order
to improve asset utilization.
Efficient Processes
Business connected with other activity on
the internet leads to smart business with
real-time operational while decreasing the
cost of operation. The information gathered
supply chain; logistics network helps to
reduce supply time for marketing and
downtime for maintenance (Evans, 2018,
May 31).
Enhanced Security and Safety
An IoT service provides video cameras and
sensors in the workplace to ensure the safety
of equipment and protect them from
physical threats (How IoT Will Impact
Business). IoT coordinates numerous teams
to determine issues quickly.
2.5 Increase Productivity
Productivity is an essential part of every
organization. As this plays the position in
the prosperity of any company. IoT offers
instruction for staffs, develop labor
effectiveness, and lessen inequality of skills
while escalating productivity of the
organization (Rolik, Telenyk, & Zharikov,
2017).
Applications of IOT:
Home Automation: -- IoT can be used to
remotely control and operate your home
equipment. It can be also used to monitor
and control either locally or remotely to the
home 's status with the application in your
mobile phones (Sannapureddy, 2015,
February 25).
Industrial Automation: -- Many sensors
and robots are used to make the work faster
and will consume less time and quality
works. We can automate manufacturing
processes remotely.
Health monitoring; -- Various types of
sensors will collect data from patient's body
and guide the doctor for better decision. The
patterns of heart rate, pulse, digestive
system, and blood pressure can be collected
with the help of this sensors.
Clean Environment: - IOT sensors will
measure the humidity in the environment
and will send the data to the government to
take necessary actions. Pollution can be
easily controlled by the ability of measuring
and monitoring the emissions that contribute
to both soil and air pollution.
Architecture of IOT:
There are 3 main stages in IOT architecture:
Stage 1:-- It include sensors, (wired or
wireless) which will collect the data around

us and turns it into useful data.
Stage 2:-- It include Gateway. The data
collected from sensors are in analogy from.
That data need to processed and formatted
properly to read information into it.
Stage 3:-- It include Data centre or Cloud.
Data is stored in the data centre or Cloud
where data are utilized and monitored.
Drawbacks of IOT:
With the advancement in the technology,
IOT also have some drawbacks.
All the data are uploaded into the server, so
the main question arises of security and
protection of the data.
Implementation of IOT in the organization
leads to the loss of jobs of many unskilled
labourers who were not update with the
latest technology, and the ratio of the jobless
workers increases with the increases in the
technology adaption in the organization
(Sannapureddy, 2015, February 25).
Sometimes the architecture of IOT becomes
very complex to install. And simultaneously
the cost of the device also increases.
With the week security in the IOT
infrastructure, the hackers can stole our data
and can control our smart home, offices and
various smart devices.
Our lives will become more dependent on
the technology.
Recommendation
The companies incorporate IoT in their
organization will feel the complexity in
order operating it. As this is the complex
system, there are chances of failure. The
entire data are communicated over the
internet; this sometimes questions the
privacy (Kelly, Suryadevara, &
Mukhopadhyay, 2013). To some extent, this
will lead to loss of jobs for those who are
not used to technologies. This is the
problems that the organization may face
while implementing the IoT in the business.
Conclusion
From the above report, it can be concluded
that in spite of having so many benefits of
IOT, there are some significant drawbacks.
These drawbacks are stopping some of the
organization from adopting IoT in their
organization. Come 2020, predictions by
different research bodies shows that the
investment into IOT b both the government
and the public will be more than $6 trillion
(Sannapureddy, 2015, February 25).
Also, the IoT will emerges from the smart
fringes or home assistant to the smart
watches also.

References
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Appendix
Fig 6: Growth rate by BI intelligence
(Columbus, 2016, November 27)
Figure 7: Future scope of IOT (Mohd,
Mohd, & Hesham, 2017 June)