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.

The Internet of Things (IoT) Product Proposal Assignment

The Internet of Things (IoT) Product Proposal Assignment

Topic: Medical and Healthcare Systems

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 “Pros and Cons of IoT” diagram above).

What are the pros of the proposed IoT product?

What are the cons of the proposed IoT product?

Conclusion

Reference List

Must be five to seven double-spaced pages in length (not including title and references pages) and formatted according to APA style

Must include a separate title page with the following:

Title of paper

Student’s name

Course name and number

Instructor’s name

Date submitted

Must document all sources in APA style

Must include a separate references page that is formatted according to APA style