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Thursday, 10 April 2014 21:54

The Internet of Things, What is it?

According to Wikipedia; the term Internet of Things was proposed by Kevin Ashton in 1999, a British technology pioneer who cofounded the Auto-ID Center at the Massachusetts Institute of Technology (MIT), which created a global standard system for RFID (Radio-frequency identification) and other sensors. The concept is based on the fact that as more objects are becoming embedded with sensors and gaining the ability to communicate. This will result in widespread information networks which will create new business models, improve existing business processes, and potentially reduce costs and risks.

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Finance – Knowledge@Wharton

Knowledge@Wharton is the online business analysis journal of the Wharton School of the University of Pennsylvania.
  • In this opinion piece, David Erickson explores how the market for special purpose acquisition companies (SPACs) exploded in 2020 and what may happen in the future.

  • U.S. President-elect Joe Biden’s promise to forgive student debt might have the unintended consequence of worsening economic inequality, according to new research co-authored by Wharton’s Sylvain Catherine.

  • While DoorDash and Airbnb successfully completed their much-anticipated IPOs this past week, there has been a lot of scrutiny on how they were priced and subsequently “popped.” Wharton’s David Erickson explains what could be done to remedy the disconnect.