Title

Internet of Things: Entrepreneurial Concepts

Document Type

Presentation

Publication Date

8-19-2016

Abstract

Currently, the one hottest technology trends occurring is the Internet of Things (IoT). Specifically, the IoT can be defines as a connection of sensors and machines. As such, the real value that the IoT creates is at the crosssroads of collecting data and leveraging the data to make valuable information. The data collected by sensors isn’t of value until it can be analyzed to produce valuable information. For example, icy roads are very hazardous and often times can cause injury and possible death to drivers. Providing wireless sensors in the road to detect the freezing ice and wirelessly communicate to an automobile’s sensor to slow the car down to a safe speed.

The Internet of things provides a world of opportunity and innovation to occur. This presentation will define the IoT and explore underlying opportunities for innovation that can occur at the crossroads of collecting data and leveraging the data to make valuable information. Hence, establishing new entrepreneurial concepts and creating new products and services.

Sponsorship/Conference/Institution

Business and Applied Sciences Academy of North America Annual Conference (BAASANA)

Location

New York, NY

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