IoT Flashcards
What is IoT
IoT refers to a network of connected devices that communicate with each other and automate processes using sensors, AI, and cloud computing.
How does IoT help create new revenue streams?
Smart gadgets, like fitness trackers and smart home devices, create new products and services that people can buy.
Key IoT Components
Sensors - Detect changes in the environment (e.g temperature or motion)
Connectivity - Uses Wi-FI or Bluetooth or Cellular networks to transfer data.
Data Storage and Processing - Raw data is collected and stored where it can be accessed for local or cloud processing.
User Interface: For user to interact with IoT device.
Examples:
Mobile apps for controlling smart home devices
IoT in eCommerce
Smart Warehouses: Automated inventory tracking with RFID tags.
Smart Homes & Shopping: Voice-assisted purchases (Amazon Alexa, Google Assistant).
Supply Chain Optimization: Real-time tracking of goods in transit.
Predictive Maintenance: Monitoring equipment health to prevent failures.
Provide an example of how IoT helps with Asset Optimization
Smart warehouses use RFID and automation to track inventory and maximize space efficiency.
How does IoT help anticipate needs?
Smart wearables track your activity and suggest things like drinking water or exercising.
Provide an example of IoT improving worker productivity?
Smart glasses provide access to information without needing to stop and check a computer, improving efficiency in industries like logistics and healthcare.
How does IoT support facility integration?
Smart meeting rooms automatically schedule and manage meetings, saving time.
How does IoT provide instant information?
Smart cameras enable users to search the web in relation to the image they took. (Google Lens)
How do IoT-powered smart warehouses improve efficiency?
They use RFID tags and automation to track inventory and manage stock in real time.
How does IoT enhance online shopping experiences?
Devices like Alexa and Google Assistant let people shop using voice commands.
How does IoT help in delivery and supply chains?
It tracks shipments in real time, so businesses and consumers know where their goods are.
How does IoT prevent equipment failures?
Sensors check if machines are working properly and alert workers before something breaks.
IoT outside of eCommerce
Q: How can IoT be used in smart cities?
A: It can be used to manage traffic flow, waste collection, and energy distribution automatically.
Q: How does IoT improve healthcare?
A: It enables remote patient monitoring with smart devices that track heart rate, blood pressure, and other health data
Q: How does IoT help with electricity?
A: Smart grids manage power supply efficiently, reducing waste and saving costs.
Challenges with IoT implementation
Security: Hackers can break into IoT devices and steal data or disrupt them.
Standardisation: Different companies use different technologies, which may result in incompatible devices which makes integration difficult
Financial: IoT infrastructure requires high investment in hardware, software and security.
