IoT – Company Approach to IoT Modeling and Applications

Abstract

Using the available literature, this paper attempts to present the company ‘s approach to IoT modeling and the incorporation of IoT technologies into business processes. Furthermore, a comprehensive overview of IoT technologies and systems of large corporations (Yokogawa, Intel) and commercial access to IoT technologies is provided. In conclusion, based on previous knowledge and scientifically based arguments, the advantages and disadvantages of IoT technologies are presented.