Reference no: EM133276977
Vertical and horizontal markets can benefit from IoT solutions. When these solutions span the breadth of an industry, a holistic approach is achieved. This creates new opportunities in the IoE and provides value to people.
Explore the scenarios below. Select two of them and identify whether the scenario is a solution for a horizontal market or vertical market. Share your answers with the class, explaining your rationale.
- An energy management system that automatically adjusts room temperature based on the environment and usage
- Ingestible microchips that send signals to notify the doctor that the pill was swallowed
- Electronic sensors on railroad tracks that transmit information to an operations center about track conditions and the speed of rail vehicles
- Water sprinklers that adjust to the temperature, sunlight, and soil conditions.
- Sensors embedded in roadways to adjust the timing of stoplights according to traffic conditions.
- A shipping management system that tracks the movement, vibration, and light exposure time of milk.
- A system of sensors that track the speed and location of all of the players during a sporting event.
- Inventory tracking system in a grocery store that provides real-time updates to shoppers, employees, and vendors.