Rapidly falling cost of – Sensors and other components
Emergence of better software – Borrowed from other sectors – Open-Source Software
Widespread network availability
New artificial intelligence approaches, to process information
Inexpensive cloud computing
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2
Q
Internet of Things Issues
A
IOT standards still evolving – Problems connecting devices
IOT devices have primitive security – easily hacked
Remote storage of personal details
– Amazon Echo Dot requires users to store their Wi- Fi network router passwords on an Amazon server.
Collection of data about personal habits – Time you get up – Amount of time you are in the house – Time you go to bed
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3
Q
Telematics Car Insurance
A
Black Box Insurance or Telematics insurance is car insurance where a telematics device, either a box is fitted to your car or your smartphone using a telematics app, is located within your car.
The black box / telematics device then tracks many aspects of your driving and in turn helps you become a better driver as well as offering additional safety and anti-theft features