The Internet Of Things

Question 1

The Internet of things

Answer 1

The Internet of things is about smart connected things. Anything with a chip wireless or web connection a sensor or an actuator.

Question 2

Examples for the Internet of things

Answer 2

Amazon echo plus voice controller. Nest smoke alarm. Smart farming. Health patch health monitor.

Question 3

Dangers of using data

Answer 3

Provenance. Permissions. Perspective. Confirmation bias. Wrong problem mindset.

Question 4

Waves of IT driven competition

Answer 4

First wave 1960s automation of individual activities. Second wave 1980s and 1990s rise of the Internet. Third wave now IT is becoming an integral part of the product itself

Question 5

Three forms of connectivity

Answer 5

One-to-one. One to many. Many to many

Question 6

Porters technology stack

Answer 6

Made up of multiple layers, including new product hardware, embedded software, connectivity, a product cloud consisting of software running on a remote server, a suite of security tools, a gateway for external information sources, and integration with enterprise business systems.

Question 7

Porters five forces

Answer 7

Bargaining power of buyers. Rivalry among competitors. Threat of new entrants. Threat of substitutes. Bargaining power of suppliers.