Review the attached list of IoT product characteristics for various markets. Select a market from this list: Manufacturing, Media, Environmental Monitoring, Infrastructure Management, Energy Management, Medical and Healthcare Systems, Building and Home Automation, Transportation, or Large-scale Deployments. Provide a five to seven page paper that includes the following elements:
Introduction
Proposal of an Internet of Things product:
What is the IoT proposed product?
Provide the statement of need for the IoT product.
What else is offered similar to the proposed IoT product in the market?
How is your proposed IoT idea better or different? Identify the qualities that make the IoT product better or different than other products.
Description of your chosen market that could benefit from an IoT product:
Does the IoT product solve a problem for the market, enhance exiting processes, improve existing products, or provide a new product offering?
Identify how the IoT product supports electronic commerce, business-to-business electronic commerce, or business-to-consumer electronic commerce in the market?
Identification of both pros and cons for the proposed IoT product (see the attached “Pros and Cons of IoT” diagram).
What are the pros of the proposed IoT product?
What are the cons of the proposed IoT product?
Conclusion
Reference List
The Internet of Things (IoT) Product Proposal Paper:
Must be five to seven double-spaced pages in length (not including title and references pages) and formatted according to APA style.
Must use at least three scholarly sources.
Must document all sources in APA style.
Must include a separate references page that is formatted according to APA style.
Attachments:
Grading Rubric
IoT Product Characteristics for Various Markets
Pros and Cons of IoT diagram
