What Is the Internet of Things (IoT) Assignment

Assignment Task

Write a business report describing an IoT solution that addresses a specific problem or business opportunity. It is recommended that you focus on a company/sector that you are familiar with.

The following topics should be addressed in the report:

1. Detailed presentation of the full solution chain (diagram + brief discussion of the innovation points).

2. Evaluate the impact of the IoT solution on the business (consider possible new business models as well). A critical review of similar and related solutions should be included.

3. Based on a wide literature review (both academic and practitioner sources), analyse the already existing components (hardware and software), in the context of the overall technological solution, and how the innovation part can be achieved (from device to knowledge and back if needed).

4. Discuss the security issues to be considered during the implementation.

5. Evaluate any ethical and privacy issues (throughout the chain: from the installation of devices to data manipulation, and decision taking)

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