Business Intelligence on IoT

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