Sunday, May 9, 2021

Case study: IoT impact

Prepare a Case study using Internet Source. The case study shall reflect how IoT has an Impact on the process/operational management and control. Keep it ready befor you attempt Quiz for IOT.

According to a Covid-19 impact in Indian IoT research by Goldstein Market Intelligence, the Indian IoT market is expected to reach USD 1 Trillion in the next 5-7 years, growing at the Compound Annual Growth Rate (CARG) of 17.1%.

With the help of IoT, India has been converting the nation into a digitized state-of-the-art nation, assisting it in improving efficiencies and economies of scale.

Organizations are taking on this investment of smart video surveillance systems to keep a constant check on their enterprise, even if it involves a high price.

Source: https://www.iotforall.com

Few area where they are being used successfully are mentioned below:

  • Inventory management
  • Tracking
  • Internal and external security
  • Efficient environment
  • Monitor multiple branches and ATM units
  • Crime deterrence
  • Asset management
  • Data analytic
  • Remote Access Contro

 

 


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