What is the Internet of Things?
It is proposed development that everything such as objects, animals or people will be able to connect to the Internet or transfer data without human interaction.
With the rapid advancement of technology, developers are nearing the date in which the Internet of Things will become a reality. This proposed scenario will greatly impact the way in which the companies run themselves, especially more traditional product companies.
Business Technology Management will soon become an even more important role within the business industry. The large amounts of data being processed with the aid of the Internet of Things, companies will need more people to collect, organize, and analyze all their information. Currently, the increased amount of Data, also known as Big Data, poses as a challenge for several companies who do not have enough or any workers to process it efficiently. For example, Monster kept collecting employee and customer data, but did not know how to manage it, thus hindering their company growth. Without Business Technology Management who know which methods are best in handling the mass data, the data would just be rendered useless.
In addition the idea of a cloud, a mass storage for all files, will enable companies to increase their value propositions. Instead of creating products that fulfil a current need, but will likely be obsolete in the long run, the instant and vast cloud system will enable companies to create products that will be able to be easily updated to fit changes in consumer needs and current trends.
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