Managing the Internet of Things: Is it a strategic tool?

Managing the Internet of Things: Is it a strategic tool? Order Description The coursework brief will explain all the information. Project/ Courseworkfor: Business ProjectsInvolvingIS/IT Coursework (Project)Title: Managingthe InternetofThings:Isit a strategic tool? Wordlimit:1400–1600words. ProjectBrief: HarvardBusinessReview inNovember 2014(Volume 92,issue 11)publication hasinitiated a debateintheSpotlight sectionabout “ManagingtheInternet of Things”. Thecontributorsto the debateand theirarticlesare: 1. MichaelE.PorterandJamesE.Heppelmann,‘How Smart,Connected ProductsAre TransformingCompetition’(Start from page64). 2. MarcolansitiandKarimR.Lakhani DigitalUbiquity:‘How Connections,Sensors, andDataAre RevolutionizingBusiness’ (Start from page90). 3. Alex“Sandy” Pentland,interviewed by ScottBerinato.‘WithBig DataComesBig Responsibility’ (Start from page100). Thereisafurther recent publicationonHarvard BusinessReviewwhich deservesyourattention: 4. MichaelE.Porter,andJamesE.Heppelmann,‘How Smart,Connected ProductsAre TransformingCompanies’HarvardBusinessReview,October2015(Vol.93 Issue 10),p96-114. download thearticles andstudythese articlescarefully;anddofurtherresearchpreferably usingrefereedjournalarticles. provide a Report(Essay) fromyour findings(understanding) basedontheresearch that you haveperformedtoanswertheresearch question: Is theInternetofThingscriticaltobusiness success andpossiblytobusiness Survival? Please ensurethatyourrecommendations are based onsystematicinvestigationof thesubject area. Structure of the essay Question: Is theInternetofThings(IoT) criticaltobusinesssuccess andpossiblytobusiness Survival? Introduction (250 words around) • The aim of this essay • Little definitions • The trend of IoT nowadays • Why IoT so important ? • 3-4 arguments (state what are they) will be discussed in this essay Main body (3-4 argument points)(1000 words around) Question: Is theInternetofThingscriticaltobusinesssuccess andpossiblytobusiness Survival? • Must read the 4 journals that given from the brief, use the arguments in the journal • Arguments can also from further research • Give examples, evidence on every points • “Cars stream data” (new products) used asexample which is from (MichaelE.Porter,andJamesE.Heppelmann,‘How Smart,Connected ProductsAre TransformingCompanies’HarvardBusinessReview,October2015(Vol.93 Issue 10),p96-114.) • Financial performance? use system to set the standard to avoid the accidents, and could save the data clearly. Limitation and recommendation (100 words around) • Less communication with people, so team work might fail (reference) • How to improve? Conclusion (200 words around) • Agree or not agree the question? ? 16-17 references are needed (Harvard style), include 4 journals that mentioned above ? Show the understanding of the arguments ? Be critical ? Around 1450 words