ACCA Applied Knowledge · Business and Technology · The impact of advances in technology
Which of the following best describes the 'internet of things' (IoT) in a business context?
IoT means physical devices fitted with sensors and network connectivity that collect and exchange data, for example tracked vehicles or smart meters. Remote server storage is cloud computing, simulated human reasoning is artificial intelligence, and a shared verified ledger is blockchain.
- AStoring data on remote servers accessed through the internet
- BPhysical devices with sensors connected to a network that collect and exchange dataCorrect
- CSoftware that simulates human reasoning to make decisions
- DA distributed ledger used to verify transactions
Explanation
IoT refers to physical objects embedded with sensors and connectivity that gather and share data, such as smart meters or tracked delivery vehicles. Remote storage describes cloud computing, simulated reasoning describes AI, and a distributed ledger describes blockchain.
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