IOT Group Assignment
IOT Group Assignment
In groups of five (5) and without use of AI and Chat GPT answer the following questions.
The Internet of Things (IoT) refers to a network of physical objects embedded with
sensors, software, and other technologies that connect and exchange data with
other devices and systems over the internet. Such devices include vehicles, buildings
and these are embedded with different sensors like motion sensors, temperature
sensors to detect different conditions like movement, temperature, humidity.
IoT is used in different industries for efficient data collection, automation, and smart
decision-making, transforming industries and revolutionizing the way we live and
work.
Improved Efficiency: IoT enables automation, optimization, and real-time
monitoring, leading to increased efficiency in various industries and aspects of life.
Enhanced Decision-Making: IoT provides real-time data and insights, enabling
informed decision-making and reducing the risk of errors.
Cost Savings: IoT enables energy efficiency, reduced waste, and extended equipment
lifespan, resulting in significant cost savings.
New Business Opportunities: IoT enables new revenue streams, business models,
and innovative products, creating new opportunities for growth and expansion.
Improved Quality of Life: IoT enables smart homes, cities, and communities,
improving the overall quality of life and enabling a more convenient and connected
lifestyle.
An IoT ecosystem consists of several key components that work together to create a
functional network.
The elements include the following;
IoT Implications
GPS and Location Sensors: GPS and location sensors track location
and movement, enabling applications like navigation and logistics.