Week 8—Signature Assignment: Evaluate IoT and Data Mining
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IoT, particularly in manufacturing, has opened up an entirely new set of data collection methods that are providing the fastest-paced amount of data we have seen to date. In this final culminating assignment, you will use the information you have learned from the past seven weeks to produce a report on the use of data mining techniques and IoT.
First, identify a company that is using IoT as some integral part of their business. Then, identify data that are collected and ways in which the company acts on the information. Identify elements that have been automated as well as those that still require manual input by an employee. Identify the business goal and additional information that the company may find useful to collect as it moves forward with its IoT initiative. Document the hardware and personnel that are needed to complete work in this space and make assumptions about the capacity to describe potential needs in the future. Identify at least two types of logic components or assumptions that must be built into the process, and at least two statistical techniques that can be used to determine whether the IoT process is resulting in the expected return on investment. Be sure you source and thoroughly describe each component.
Support your assignment by citing the studies you analyzed. In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included to support your report and any factual assertions you make.
Length: 12-15 pages, not including title and reference pages
References: 3-4 resources
Your paper should demonstrate thoughtful consideration of the ideas and concepts presented in the course by providing new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards. Be sure to adhere to Northcentral University’s Academic Integrity Policy.
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