The “Internet of Everything” is the next big an imminent thing as businesses
start to collect data from devices ranging from mobile phones to custom
devices. The independent communication between different connected devices
can be used to optimize operations, reduce costs, boost productivity and more
importantly promote financial inclusion among developing countries. Within a
few years, the usage of devices increased from millions to billions and the
amount of time spent on these devices has been steadily rising.

Learning Objectives

1. Explain how IoT is enabling data to be collected, in urban or remote areas
2. Give examples of how data collected from IoT devices can be used
after analytics
3. Discuss privacy concerns by using IoT to collect data.
4. Discuss scenarios where industries can utilise data collected to
better business decisions and customer experience.