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Characteristics and Challenges of the Internet of Things in Entrepreneurship
2020
Licite-Kurbe, Lasma | Chandramohan, Athul
The Internet of Things (IoT) is a computing concept that describes the idea of everyday physical objects being connected to the Internet and being able to identify themselves to other devices, and day by day it becomes popular in everyday life as well as in entrepreneurship. The IoT covers broad areas, including manufacturing, the health sector, agriculture, smart cities, security and emergencies among many others. The market for the industrial IoT is estimated to surpass 107 billion euros by 2021 and reach a compound annual growth rate of 7.3% as of 2020. The IoT makes an impact on all industries and provides benefits for various areas of business; however, business may be faced with some risks as well. The research aim is to analyse the benefits and risks of the IoT in entrepreneurship. The descriptive method, analysis and synthesis, the induction and deduction methods were used to achieve the aim. The research has revealed that the IoT can provide several opportunities for business in all fields of operations – marketing, logistics, accounting and human resource management. However, businesses may be faced with some challenges related to privacy and security, processing, analysis and management of data, as well as monitoring and sensing.
Afficher plus [+] Moins [-]Characteristics and challenges of the Internet of Things in entrepreneurship
2020
Licite-Kurbe, L., Latvia Univ. of Life Sciences and Technologies, Jelgava (Latvia). Faculty of Economics and Social Development | Chandramohan, A., Latvia Univ. of Life Sciences and Technologies, Jelgava (Latvia). Faculty of Economics and Social Development
The Internet of Things (IoT) is a computing concept that describes the idea of everyday physical objects being connected to the Internet and being able to identify themselves to other devices, and day by day it becomes popular in everyday life as well as in entrepreneurship. The IoT covers broad areas, including manufacturing, the health sector, agriculture, smart cities, security and emergencies among many others. The market for the industrial IoT is estimated to surpass 107 billion euros by 2021 and reach a compound annual growth rate of 7.3% as of 2020. The IoT makes an impact on all industries and provides benefits for various areas of business; however, business may be faced with some risks as well. The research aim is to analyse the benefits and risks of the IoT in entrepreneurship. The descriptive method, analysis and synthesis, the induction and deduction methods were used to achieve the aim. The research has revealed that the IoT can provide several opportunities for business in all fields of operations – marketing, logistics, accounting and human resource management. However, businesses may be faced with some challenges related to privacy and security, processing, analysis and management of data, as well as monitoring and sensing.
Afficher plus [+] Moins [-]Temperature and weight monitoring of the Apis Cerana bee colony Indonesia
2020
Kviesis, A., Latvia Univ. of Life Sciences and Technologies, Jelgava (Latvia). Faculty of Information Technologies. Dept. of Computer Systems | Zacepins, A., Latvia Univ. of Life Sciences and Technologies, Jelgava (Latvia). Faculty of Information Technologies. Dept. of Computer Systems | Komasilovs, V., Latvia Univ. of Life Sciences and Technologies, Jelgava (Latvia). Faculty of Information Technologies. Dept. of Computer Systems | Paramita, A.M., Labtek Indie, Bandung, West Java (Indonesia) | Muhammad, F.R., Labtek Indie, Bandung, West Java (Indonesia)
Remote and automatic monitoring of two Apis Cerana bee colonies was conducted in Indonesia to demonstrate precision beekeeping approach in that region. Successful implementation of the precision beekeeping system includes development of the bee colony monitoring hardware and software for data collection, analysis and visualisation. This paper focuses on development and installation of such systems at the private apiary in Indonesia. For bee colony monitoring at the apiary a developed monitoring unit was used, which is based on ESP microchip, and for the data storage SAMS data warehouse was used. The monitoring results showed that the choice of the location of the temperature sensor is important, as the temperature at the hive sides changes synchronously with the outside temperature. Also, feedback from the beekeeper is collected to further improve the system and monitoring process. This research is conducted within the SAMS – Smart Apiculture Management Services project, which is funded by the European Union within the H2020-ICT-39-2016-2017 call and with close collaboration with the local private beekeeper. To find out more, visit the project website https://sams-project.eu/.
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