Abstract
Since the beginning of the current millennium two concepts have fuelled the prospects and expectations of science, engineering and business; namely the Internet of Things and Big Data. These concepts indeed pose a number of technological challenges, but even more they raise a number of business and societal questions. Early deployments are stimulating the fantasy for new business opportunities and at the same time they trigger a wider discussion about the impact on society and unforeseen side-effects. This article names some of the developments and tries to ask the questions that need to be answered in the near future, in order that the prospects and expectations are met.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
http://europa.eu/rapid/press-release_SPEECH-13-893_en.htm (Dec 2015)
Powell JR (2008) The quantum limit to Moore’s law. Proc IEEE 96(8). http://ieeexplore.ieee.org/stamp/stamp.jsp?arnumber=4567410 (May 2016)
Spurious Correlations, http://www.tylervigen.com/spurious-correlations (May 2016)
Calude CS, Longo G (2016) The deluge of spurious correlations in Big Data. In: Foundations of science, pp 1–18. doi:10.1007/s10699-016-9489-4, http://www.di.ens.fr/users/longo/files/BigData-Calude-LongoAug21.pdf (May 2016)
Big Data at the speed of business; the 5 game changing big data use cases, IBM. http://www-01.ibm.com/software/data/bigdata/use-cases.html (May 2016)
What does COPEX stand for? http://www.acronymfinder.com/COPEX.html (May 2016)
Powering a Google search, Jan 2009. https://googleblog.blogspot.de/2009/01/powering-google-search.html (Dec 2015)
Google green, our footprint: beyond zero. http://www.google.com/green/bigpicture/ (May 2016)
Gavras A (2008). Why there is no such thing as “green ICT”, Eurescom mess@ge magazine, Nov. 2008. http://archive.eurescom.eu/message/messageNov2008/Why-there-is-no-such-thing-as-green-ICT.asp (Dec 2015)
Helbing D, Frey BS, Gigerenzer G, Hafen E, Hagner M, Hofstetter Y, van den Hoven J, Zicari RV, Zwitter A (2015) Digitale Demokratie statt Datendiktatur, published Dec. 2015. http://www.spektrum.de/news/wie-algorithmen-und-big-data-unsere-zukunft-bestimmen/1375933 (May 2016)
European Commission, Protection of Personal Data. http://ec.europa.eu/justice/data-protection/ (May 2016)
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2017 Springer International Publishing Switzerland
About this chapter
Cite this chapter
Gavras, A. (2017). Factoring Big Data into the Business Case for IoT. In: Angelakis, V., Tragos, E., Pöhls, H., Kapovits, A., Bassi, A. (eds) Designing, Developing, and Facilitating Smart Cities. Springer, Cham. https://doi.org/10.1007/978-3-319-44924-1_4
Download citation
DOI: https://doi.org/10.1007/978-3-319-44924-1_4
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-44922-7
Online ISBN: 978-3-319-44924-1
eBook Packages: EngineeringEngineering (R0)