What is your analysis regarding the development and use of IoT in your chosen topic, and in general, for the future?

CIS270 Network Final Project The Internet of ThingsAs one of the latest areas in Internet development, the term “Internet of Things” is coined to describe a future where everyday physical objects are augmented with computing abilities, connected to the Internet, and communicate with each other. Many companies are exploring this concept, and businesses are trying to figure out strategies in this latest wave of technological innovations.Assignment Overview and TopicsIn this project, you will pick one of the following topics, and research about the Internet Things (IoT) by focusing on of your topic area:1.IoT: Smart City2.IoT: Smart Healthcare3.IoT: Smart Manufacturing4.IoT: Smart Transportation5.IoT: Financial ServicesOn your selected topic, explore:•What is the Internet of Things (IoT)?•What are the leading companies and organizations currently involved in your selected topic?•Are there technology standards governing IoT for this topic?•What are the examples of business innovations and applications?•What are the social implications?•What is your analysis regarding the development and use of IoT in your chosen topic, and in general, for the future?Summarize the findings and make your own analysis regarding the use and adoption of IoT in the future:•What are the benefits and challenges associated with the use of IoT, especially in your area?•Will people, businesses, and society adopt such technologies?•What do you think about the development of IoT in the future?Resources and Library TutorialsIn conducting the research for this topic, you may use online resources such as CIO magazine (http://www.cio.com), MIT Technology Review (http://www.technologyreview.com/), Computer World (http://www.computerworld.com/), technology news from Wall Street Journal (http://www.wsj.com), Business Week (http://www.businessweek.com/) and databases such as FAITS (accessible through Rider library online).The Rider library also provides a tutorial on using library resources to IT related course projects. Visit the “Library Resources for Prof. Shen’s Class Projects” page: (http://guides.rider.edu/content.php?pid=437801&sid=3583436 (Links to an external site.)) for links to various MIS publications including trade magazines, journals, and newspapers online; as well as online search tips and tutorials.