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Internet of Things

Describing an example of a potentially lifechanging or especially lucrative business opportunity in the IoT sector. Be sure to explain the following, drawing on the modules as needed for reference:

(1) What industry will it be in?

(2) How will the service be delivered at all three of the levels described?

(3) Explain how lucrative it stands to be (based on consumer demand, etc. – not looking for financial projections, just a justification that it is a strong business opportunity). Be sure to draw on the modules as necessary to justify your claim.  If it does not stand to be particularly lucrative, what other kind(s) of value does it stand to bring for the individual or society?

 

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