How can the Internet of Things act as a disruptive force to change the way in whichbusinesses function?
What will be an ideal response?
The Internet of Things is the idea that objects are becoming connected to the Internet
so that they can interact with other devices, applications, or services. In other words, everyday
objects are increasingly being embedded with hardware capable of sensing, processing, and
transmitting data. These objects can then connect to a network and share data with any other
application, service, or device. Over time, mobile phones became smartphones by adding more
processing power, more memory, Internet access, Wi-Fi connectivity, and the ability to
interconnect with other devices and applications. People thus began to use their mobile phones
much differently than before. This shift also changed the way businesses operate. This shift away
from "dumb" devices to interconnected smart devices is not lost on businesses. Consumers like
smart devices and are willing to pay more for them. Accordingly, businesses want to improve the
existing devices they manufacture into smart devices, and then sell them for twice as much.
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