Book Image

Smarter Decisions - The Intersection of Internet of Things and Decision Science

By : Jojo Moolayil
Book Image

Smarter Decisions - The Intersection of Internet of Things and Decision Science

By: Jojo Moolayil

Overview of this book

With an increasing number of devices getting connected to the Internet, massive amounts of data are being generated that can be used for analysis. This book helps you to understand Internet of Things in depth and decision science, and solve business use cases. With IoT, the frequency and impact of the problem is huge. Addressing a problem with such a huge impact requires a very structured approach. The entire journey of addressing the problem by defining it, designing the solution, and executing it using decision science is articulated in this book through engaging and easy-to-understand business use cases. You will get a detailed understanding of IoT, decision science, and the art of solving a business problem in IoT through decision science. By the end of this book, you’ll have an understanding of the complex aspects of decision making in IoT and will be able to take that knowledge with you onto whatever project calls for it
Table of Contents (15 chapters)
Smarter Decisions – The Intersection of Internet of Things and Decision Science
Credits
About the Author
About the Reviewer
eBooks, discount offers, and more
Preface

Evolving from connected cars to smart cars


We touched base on the healthcare industry in more detail by understanding how the smartwatch can be a game changer. Leveraging the increased adoption of the smartwatch helps in evolving from connected humans to smart humans. The same success story holds true for multiple industries. We have witnessed the transformation of dumb assets into connected assets and its evolution to smart assets. We will explore the last topic of the book to understand how IoT has laid foundations for a promising future. We'll study the evolution of connected cars to smart cars.

Today, this topic is more of a concept and has seen only a fraction of the possibilities adopted in reality. The autonomous car is also a part of this evolution, but there are many more things that are possible. In the previous chapter, we studied how the autonomous car was born from the disruptions in the industry due to IoT. We studied in brief about the improved integration of the autonomous...