CRIM 414 Lecture Notes - Lecture 10: Data Analysis, Yield Management, Extortion

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The increased use of networked devices reflects an associated growth in networking infrastructure. Synchronous (live) interaction = possible through audio, video and typed digital channels by means of applications such as skype, facebook messenger and. Mobile devices & local area networks commonly have wireless communication. Increasing internet use = a natural step toward a greater degree of interconnectivity. Many of the devices in our homes, offices and factories become linked and capable of communication and control via local networks. Thus, we want integrated system that afford greater convenience, new services, and more economical version of existing services. We assume that a typical home will soon contain a network of gadgets designed to make life easier . Uk report: the internet of things: making the most of the second digital. Usa: federal government working to direct development and testing of such systems with an eye toward a variety of future applications.

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