Introduction
The purpose of this assignment is to discuss the impact Internet of everything (IoE) and internet of things (IoT) has and will continue to have on businesses, such as how it is going to improve productivity, reduce costs and enable businesses to get the most out of their assets and improve societies by enabling better water management, improve transport system, reduce crime and create more employment and business opportunities. It also discusses the changes we are about to experience like growth in economies, significant increase in the total amount of data and information in existence so that knowledge can be attained and how should people prepare for that change and we will also learn about the new risks associated with IoE(Davenport, 2013).
What is internet of everything (IoE)?
(IoE) describes connecting every device on the internet so that can they can accessed and controlled remotely and be able to collect, analyse and send data or make its own decision based on the collected information e.g. An Artificial Intelligent (AI) bed that monitors sleep patterns with hundreds of sensors built into the mattress collecting and using that data to adjust itself to suit your sleeping position to make sure that you rest well and wake refreshed and free from back pains, neck pains and fatigue, and When you wake up in the morning the bed fixes itself (Duncan, 2014).
IoE is already available in business e.g. the retail companies are implementing RFID tags which stores information about the product like the size of the shoe, colour, manufacturer name, the date it was shipped in and the country it was manufactured in. IoE is going to revolutionize everyday objects we use and depend on into AI objects, to achieve that sensors, ...
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As the technology developing, everything becomes computable. And when people realizing the importance of the Internet of Things, more and more data is collected. Analyzing such amount of data becomes a big challenge for modern people. As a very important component of our life, internet becomes indispensable. Data sharing between multiple users becomes more popular. It seems our life will stop if without the internet. The user devices becomes much lighter, most computing and data storage are separated with remote operations. Distributed system becomes more and more useful for our life.
In short, the Big Data challenges for organizations and enterprises in today's digital age. Once mastered big data, they will have greater chances of success in today's competitive environment, the world would benefit more from the extracted information more accurately, more useful lower costs. Still the criticism revolves around Big Data, however, the field is still very new and we'll see in future Big Data will evolve like.
Information technology has advanced in multiple ways in society, where organizations has implement the structure into their work environment. Industries have outsource their manufacturing to other places in the world and rely on telecommunication to keep the marketing. The geographic distribution has changed significantly by reducing the distance it takes to complete an operation, due to information technology. These are just a couple of examples of how this advanced technology has reshape our society and continuing.
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Pervasive computing is here. It is being integrated into our society in as many ways that can be thought up. Chips are popping up in everyday objects. Cars, planes, ships, phones, PDA’s, refrigerators, and soon a person’s hat, shoes, and clothing. This is all well and good, the advancement of technology is something that has always and will always be a constant in our culture. The need for more interconnectivity is becoming more apparent in business, schools, and personal lives. IBM is working on a project, called Autonomic Computing, which will create a universal standard for technology and the integration of electronic devices. One of their claims for the necessity of the project is a quote, “Civilization advances by extending the number of important operations which we can perform without thinking about them." - Alfred North Whitehead. They say that we make cultural advances by taking the processes and procedures we have now and automating them, thus giving the freedom to explore new and unique ways to complete the left over processes and procedures. The advancement of the culture is a necessity for any society, but the relinquishment of control of certain processes has to be regulated.
The book ”Funky Business” by Kjell A. Nordström and Jonas Ridderstrale deals with the upcoming changes which affect mostly every part of our world. Reasons for these changes are for example the higher level of technology. Individuals and organizations are affected and therefore the authors see this book as a self-help book, becuase it illustrates the present situation and gives many advices how to behave in these ”funky” times.
cultivation control and precise irrigation. IOT also brings great convenience to forestry, especially in the forest identification, wood tracking management and so on.
Artificial intelligence is the study of how to makes computers do things which, at the moment, people do better. This definition is vague because of its reference to the current state of computer science. Artificial intelligence is a combination of computer science, physiology and philosophy. AI is a broad topic including many different fields, from machine vision to expert systems. AI can be described as the attempt to build machines that think and act like humans, that are able to learn and to use their knowledge to solve problems on their own. The element that is common in the fields of AI is the creation of machines that can “think”. Artificial intelligence has come a long way form its early roots, driven by dedicated researches. AI really began to fascinate researches with the invention of the computers in 1943. The technology was finally available, or so it seemed to stimulate intelligent behavior. Over the next four decades, despite many stumbling blocks, AI has grown from a dozen researches, to thousands of engineers and specialists; and from programs capable of playing checkers, to system designed to diagnose disease.
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The Internet of Things (IoT) is the network of physical objects accessed through the Internet. The Network of interconnected objects harvests information from the environment (sensing) and interacts with the physical world (actuation/command/control), uses existing Internet standards to provide services for information transfer, analytics, applications and communications (Jiong et al. 2012).
With self-driving cars, facial-recognition software, mobile phones that listen to our very command and even robot-butlers, the future is now.
These examples are only the beginning of what's being done with RFID. Many companies are finding other ways to deploy the technology either within the four walls or in a mobile manner to streamline business processes. As technology continues to advance, adoption of RFID will continue to spread. According to ABI Research, the RFID industry will continue to grow 21% through 2012.
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The Impact of Information Technology on Individuals, Society and Organizations Information systems and information technology are important in supporting, maintaining and enriching many aspects of livings. They bring benefits to lives of individuals, operations of business and the functioning of society but there are also drawbacks associated with technology and information system. Both good and bad impacts of information system and technology to individuals, organisations and the society will be discussed in detail in the following paragraphs.
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