course hero: desai what new or deeper understandings do you have about the finance function?

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What is the IoE pillar?

As the evolution of the Internet suggests, IoE (four pillars: people, process, data, and things ) builds on top of IoT (one pillar: things). In addition, IoE further advances the power of the Internet to improve business and industry outcomes, and ultimately make people’s lives better by adding to the progress of IoT.

Who coined the phrase "Internet of Things"?

Prologue: The phrase “Internet of Things” was coined by Kevin Ashton an expert on digital innovation in 1999 as the title of a corporate presentation he made at his place of employment, Proctor & Gamble.

What is the difference between the Internet and the IoT?

The first version of Internet was about data created by people, while the next version is about data created by things. Most of us think about being connected in terms of computers, tablets and smartphones. IoT describes a world where just about anything can be connected and communicate in an intelligent fashion.

How many connected devices will be there in 2020?

Cisco estimates the current number of connected devices to be roughly 10 billion, and expects 50 billion connected devices and sensors in 2020.

Which country is the first to use LoRa?

Dutch telecoms group KPN said on June 30, 2016 that The Netherlands had become the first country in the world to implement a nationwide long range (LoRa) network for the Internet of Things (IoT). LoRa means Long-range Wireless IoT Protocol.

Is the Internet constantly changing?

The Internet is continuously changing and evolving . The main communication form of present Internet is human to human. The Internet of Things (IoT) can be considered as evolution of Internet that realizes machine-to-machine (M2M) learning.

What is the Internet of Things?

The Internet of Things (IoT) envisages a future in which digital and physical things or objects (e. g., refrigerators, TVs, cars) can be connected by means of suitable information and communication technologies, to enable a range of applications and services.