Exam 13: The Internet of Things As a Platform for Intelligent Applications

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According to Miller (2015), the IoT is a connected network in which each thing has a unique ________.

(Short Answer)
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There are millions of silos of data on the Internet and many of them need to be interconnected in specific IoT applications.

(True/False)
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________ can help the integration of IoT with other IT systems.

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Most existing homes are not yet smart, but they can easily and inexpensively be equipped to for at least partial smartness.

(True/False)
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Many predict that in smart cities connected and self-driven ________ will be everywhere.

(Short Answer)
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In relationship to the tracking of activities, a major benefit of the IOT is that it offers the potential for:

(Multiple Choice)
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A major benefit of the IoT from a financial perspective is that it allows businesses to create new ________ streams.

(Short Answer)
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A ________ is a flexible system that can self-optimize performance across a broader network, self-adapt to and learn from new conditions in real or near real time, and autonomously run entire production processes.

(Short Answer)
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The IoT can provide better knowledge for customers to improve:

(Multiple Choice)
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Which of the following is not an example of an IOT platform and enablement (horizontals)?

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The IoT may generate a huge amount of data that needs to be analyzed by various business intelligence methods, including deep learning, or advanced AI methods.

(True/False)
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By connecting many devices that can talk to each other, one can create applications with new functionalities, increase the productivity of existing systems.

(True/False)
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According to Miller (2015), the IoT is a connected network in which each thing is delivered mostly over the ________.

(Short Answer)
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In the opening case, it was identified that CNH's primary interest in IoT was to collect equipment usage information for future product development.

(True/False)
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IoT is generally well accepted, and no major implementation issues currently exist.

(True/False)
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________ sensors are more reliable than those that operate in larger ranges.

(Short Answer)
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Using an IOT system, this company autonomously schedules a valet to pick up its product when a repair is needed.

(Multiple Choice)
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The availability of broadband Internet and cellular service is shrinking, which may be an issue for IoT.

(True/False)
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Which of the following is not a major implementation issue of IoT based on McKinsey's Global Institute?

(Multiple Choice)
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A smart home is a home with automated components that are interconnected.

(True/False)
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