Chapter 5, Problem 1CCO

Explanation of Solution

IoT:

IoT is the internet of things which is a system of interrelated computing devices, which has the ability to transfer data over a network. It is an idea where the objects can interact with other devices or applications when connected to the internet.

Numerous companies are aiming to design and develop the products with the features of automatically communicating with other device and exchange the data. It is used in various fields such as home automation, vehicle operations, artificial intelligence etc.

Impact of IoT on Business:

IoT makes the organization to operate remotely along with the help of cloud computing. It follows the strategy which changes the business in recent years. It act as decision factor in promoting the new business. IoT enables the business organization to complete the tasks with the help of enterprise workstation...