The Internet of Things
Laseter, Timothy M...
The Internet of Things
Laseter, Timothy M.; Frazer, Anne; Boatright, Benjamin
OM-1792 | Published July 14, 2023 | 7 pages Technical Note
Collection: Darden School of Business
Product Details
The Internet of Things (IoT) can be generally explained as a network of objects that collect data regarding their surroundings and transfer it across the internet to various systems. While the addition of more information can improve a business’s data-driven decision-making, should all businesses invest in IoT? This technical note explores IoT technologies, discusses how it is being used in industry, brings up some advantages and disadvantages, offers examples and applications, and investigates how it might fit into a firm’s digital strategy.
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