The Internet of Things: We live in interesting times
The global village, mobile devices, online marketplaces, social networks, and on-demand entertainment all have a part to play. People all over the world are increasing the time they spend in the virtual world. They’re buying, selling, sharing, studying, developing apps, hanging out in social networks, and starting to use digital currencies that bypass traditional banking.
Alongside these community-driven ideas, we are also seeing enormous change in business to business relationships. Cloud computing enables any size business to obtain and manage big-business manufacturing, warehousing, marketing, data analytics, enterprise applications and global spread. Supply chains are radically altered: a business of any size can buy, produce and sell globally, and leverage vertically and horizontally integrated supply chains.
Money is being revolutionized. Secure computing networks have long ago globalized finance. Digital currencies claim to replace central banks. Capital can be raised through crowd sourcing. Cost structures are changing dramatically: the barriers to entry into many businesses have been dramatically lowered. Some businesses have been funded through the cloud as well as staffed virtually and globally through the cloud. They maintain partnerships through the cloud and find customers through the cloud...Read More
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