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Review the list of IoT product characteristics for various markets. Select a market from this list:  Manufacturing, Media, Environmental Monitoring, Infrastructure Management, Energy Management, Medical and Healthcare Systems, Boiling and Home Automation, Transportation, or Large-scale Deployments.

Provide a five- to seven-page paper that includes the following elements:

  • Introduction
  • Proposal of an Internet of Things product:
    • What is the IoT proposed product?
    • Provide the statement of need for the IoT product.
    • What else is offered similar to the proposed IoT product in the market?
    • How is your proposed IoT idea better or different? Identify the qualities that make the IoT product better or different than other products.
  • Description of your chosen market that could benefit from an IoT product:
    • Does the IoT product
      • solve a problem for the market,
      • enhance exiting processes,
      • improve existing products, or
      • provide a new product offering?
    • Identify how the IoT product supports electronic commerce, business-to-business electronic commerce, or business-to-consumer electronic commerce in the market?
  • Identification of both pros and cons for the proposed IoT product (see the "Pros and Cons of IoT" diagram above).
    • What are the pros of the proposed IoT product?
    • What are the cons of the proposed IoT product?
  • Conclusiona
  • Reference List

Business Management, Management Studies

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