BIG DATA AND THE INTERNET OF THINGS

Aurelian Titirisca
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Aurelian Titirisca: Academia de Studii Economice din Bucuresti - Facultatea de Cibernetică, Statistică și Informatică Ecomnomică

Management Intercultural, 2015, issue 33, 211-215

Abstract: Nowadays, technology is on an evolution wave both in terms of software (complexes and complete business package software solutions) and hardware (increasing processing power for mobile devices, large consume of Internet world wide). The speed with which humans interact with the Internet, use social media and interconnect their devices with other devices is rapidly growing. This desire to stay connected is translated as an exponential growth of volumes of data. Therefore all data that is generated represents the main engine for innovation both in terms of business and technology. Based on unprecedented connectivity among objects and to collect massive amounts of data, Internet of Things (IoT) is ready to provide significant business benefits. Organizations are interested to adopt IoT as a business strategy and they must be prepared to address a number of technical and administrative challenges. The purpose of this article is to define the IoT , looking at Big Data.

Keywords: Big Data; Internet of Things; Business Intelligence (search for similar items in EconPapers)
JEL-codes: C80 L80 M00 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:cmj:interc:y:2015:i:33:p:211-215

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