Internet of Things (IoT): Enhancing Business Operations and Strategy

This presentation provides an introduction to the Internet of Things (IoT) and its applications within organizations. It explores how IoT connects various devices to gather, analyze, and utilize data for improved operations. The presentation highlights how IoT can enhance efficiency, reduce energy consumption, and facilitate effective decision-making across different industries. It delves into the ecosystem of smart, web-enabled devices and addresses the security and privacy risks associated with IoT implementation. The content also covers the use of IoT in building relationships and creating private connections. The presentation concludes by emphasizing the future potential of IoT for businesses, citing its benefits in terms of increased efficiency, reduced energy usage, and improved decision-making processes. References to relevant research papers are also included to support the information presented.

INTERNET OF THINGS (IOT)

INTRODUCTION
 IoT is a concept that has different elements of devices that are connected
together so that data can be gathered, analysed and plans can be made upon
them.
 The main objective of this presentation is to provide an insight of how IoT is
used within organisations and their operations while connected to different
devices.

CONT…
 This presentation focuses on different frequencies that are created and
transferred when used in organisations.
 It explains how IoT can help in reducing wastage of time and energy while
running operations.
 It can impact economy on a large scale.

BODY
 IoT works on private connections as well, by connecting individuals and
organisations as well as building relationships.
 It is an ecosystem that consists of smart devices that are web enabled and have
processors, sensors and hardware.
 There are however, some security and privacy risks present in IoT and have to
be taken care of when used in organisations.

CONCLUSION
 IoT is considered to be the future of businesses due many benefits that it
provides to individuals and organisations.
 It helps in increasing efficiencies as well as reduce energy usage.
 It also aids in effective decision making that has to be done in each industry.

REFERENCES
 [1] Da Xu, L., He, W. and Li, S. “Internet of things in industries. A survey.” IEEE
Transactions on industrial informatics, 10(4), pp.2233-2243, 2014.
 [2] Höller, J., Boyle, D., Karnouskos, S., Avesand, S., Mulligan, C. and Tsiatsis,
V., “From machine-to-machine to the internet of things” United Kingdom:
Cambridge: Academic Press, (2014), pp. 1-331.
 [3] Sicari, S., Rizzardi, A., Grieco, L.A. and Coen-Porisini, A. “Security, privacy
and trust in Internet of Things: The road ahead.” Computer networks, 76,
pp.146-164, 2015.
 [4] Lee, I. and Lee, K. “The Internet of Things (IoT): Applications, investments,
and challenges for enterprises.” Business Horizons, 58(4), pp.431-440, 2015.