Internet of Things: a Business Perspective (5 cr)

Evaluation scale

H-5

Schedule

18.8.2023 - 12.12.2023

Implementation methods, demonstration and Work&Study

An enrolled student can apply for recognition of prior learning (RPL). S/he must demonstrate suitable competence in at least three of the five learning objectives, which has been acquired through active participation in a related project or during job. In addition, an RPL applicant must present a business idea surrounding the application of IoT/IIoT in a business. The presentation and material shall be assessed.

Intro

This course is for you if you have an interest in the business potential and opportunities that arise from new waves of technologies expanding the boundaries of traditional business landscapes especially with the Internet of Things (IoT) having connected devices or the Industrial Internet of Things (IIoT) enabling smart manufacturing. This course offers a comprehensive view into the business implications of Internet of Things (IoT) and Industrial Internet of Things (IIoT). The main goal of the course is to enable students learn and identify the role of new technologies in modern day business world with special focus on commercial, operational, managerial, and strategic perspectives. Join this virtual course and explore how connectivity is re-defining the nature of our ways of everyday living, in homes and at workplaces.

Materials

The contents will handle the
* IoT landscape
* IoT business outlook
* technologies relevant to IoT
* the use of open source tools in building IoT systems
* building an IoT system in teams

Teaching methods and instruction

After completing the course, student shall be able to:
• understand the concept and scope of the Internet of Things (IoT) and Industrial Internet of Things (IIoT) in the current business and industrial landscape.
• identify and analyze the application of IoT and IIoT in various business settings.
• have an understanding of factors that influence successful integration of the IoT and IIoT in a business landscape.
• assess the suitability and benefits of certain IoT enablers in various business models to achieve competitive advantage.
• apply the key concepts of IoT and IIoT in possible business transformation thinking and reasoning.
• ideate the role of new technologies in conducting potential businesses in future,

and will have participated in a team that built an IoT device.

Working life connections

This course may have a client from the IoT business.

Exam dates and re-exam possibilities

No exam. This course is completed through participation in group work and building a working IoT device.

Internationality

This course does not necessarily have an international aspect, but it is not ruled out either.

Completion alternatives

RPL may be discussed with the teachers

Learning assignments

The contents will handle the
* IoT landscape
* IoT business outlook
* technologies relevant to IoT
* the use of open source tools in building IoT systems
* building an IoT system in teams

Assessment methods

Grade 1
The student is able to define the key concepts and topics of the IoT & IIoT. S/he recognizes the scope and purpose of these concepts in current business. S/he can describe business and management from the viewpoint of new technological thinking. S/he knows the basics of building an IoT device and participates in a team.

Grade 3
In addition to the competences in grade 1, the student can apply the key concepts in her/his thinking and reasoning. S/he can evaluate the application of these models in the industrial sectors. S/he is able to acknowledge the potential benefits and value in strategy work. S/he particpates actively and productively in the building of an IoT device.

Grade 5
Grade 5: In addition to the competences in grades 1 & 3, the student can analyze the purpose of an organization to adapt to the IoT/IIoT business models in creating value. S/he develops business and management from the viewpoints of digital thinking. S/he is able to think critically and solve problems in a changing operational environment. S/he is a valuable member of the team building an IoT device.