Homework: The Internet of Things (IoT) Product Proposal
Directions
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 5 to 7 pages paper that includes the following elements:
I. Introduction
II. Proposal of an Internet of Things product:
i. What is the IoT proposed product?
ii. Provide the statement of need for the IoT product.
iii. What else is offered similar to the proposed IoT product in the market?
iv. How is your proposed IoT idea better or different? Identify the qualities that make the IoT product better or different than other products.
III. Description of your chosen market that could benefit from an IoT product:
i. Does the IoT product
a. solve a problem for the market,
b. enhance exiting processes,
c. improve existing products, or
d. provide a new product offering?
ii. Identify how the IoT product supports electronic commerce, business-to-business electronic commerce, or business-to-consumer electronic commerce in the market?
IV. Identification of both pros and cons for the proposed IoT product (see the "Pros and Cons of IoT" diagram above).
i. What are the pros of the proposed IoT product?
ii. What are the cons of the proposed IoT product?
V. Conclusion
Format your homework according to the following formatting requirements:
i) The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
ii) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
iii) Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.