Smart Products and Services A smart products is an electronic device‚ generally connected to other devices or networks via different protocols such as Bluetooth‚ NFC‚ WiFi‚ 3G‚ etc.‚ that can operate to some extent interactively and autonomously. It is widely believed that these types of devices will outnumber any other forms of smart computing and communication in a very short time‚ in part‚ acting as a useful enabler for the internet things. Uses of Smart Services Minimize maintenance and repair
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“The problem with educating stupid people was that they didn’t know they were stupid.” Lucky for me‚ I knew I wasn’t too smart in my early years. For starters‚ I couldn’t read at the beginning of first grade‚ and I understood that I’d need to work hard to get to where I needed to be. In second grade‚ I was at the bottom of my class in the number of math facts we could do in five minutes. After that I started to excel in my grades. Then in third grade I was one of seven fourth grade students to be
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Isabel & Peter /NUS Business School_2013 BSP 2005 Asian Business Environments /Syllabus ‚ Lecture and Tutorial Guide Course Outline Module Code Module Title Description BSP2005 Asian Business Environments This module builds an understanding of business environments in Asia. The first part of the course focuses on macroeconomic fundamentals‚ politics‚ culture‚ and institutions in Asian countries and regions. The second part of the course explores relationships between national and regional
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Smart and connected products are revolutionizing the structures of various industries by reconstituting/reshaping industry boundaries and in some industries creating new industries. The nature of the industry is determined by the composition and strength of Porter’s competitive forces namely the bargaining power of customers‚ bargaining power of suppliers‚ threat of new entrants‚ threat of substitutes and the intensity of rivalry among competitors in the industry. This therefore implies that the
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Street Smart versus Book Smart In his article "Hidden Intellectualism‚" Gerald Graff criticizes those that do not put value into "street smarts." Graff says that knowledge goes far beyond academic learning and continues into our everyday living. He states‚ "The need to prove I was smart and the fear of a beating if I proved it too well." Meaning that if the subjects he enjoyed the most became his main interest he would soon have to face ridicule for wanting to be himself (Graff). Graff’s theory
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Deep smarts are valuable knowledge. They are developed through accumulated experience during performing a task on a particular job.According to our reference textbook‚ the definition of deep smart is provided as“the capacity of experts to exploit their deep knowledge of a particular practice to exercise good judgment and the “smart” interpretation of new possibilities”.(Leonard and Swap‚ 2004) People with Deep Smarts are the “go-to” individuals in an organization‚ possessed of skills and knowledge
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Abstract- A smart home is an application of computing to the home environment and it is monitored by ambient intelligence to provide services and facilitate remote home control. This paper presents an overview of previous research on smart home as well as the related technologies. A brief discussion about smart homes and their interrelationships is presented here. It describes combined information about sensors‚ communication protocols‚ multimedia devices‚ and systems‚ which are widely used in smart home
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INFORMATION TECHNOLOGY TO BUILD SMART PRODUCTS AND SERVICES Why should manufacturing companies build smart products and provide smart services? What business benefits can they gain? Provide several examples beyond those discussed in this case. Manufacturing companies should build smart products and provides smart services are to enjoy long-term profits. It is because any industrial manufacturer that has not awakened to the fact that it must become a service business is in serious peril
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PRINCIPLES OF MARKETING Topic: Product decisions in marketing (PRODUCT) Case No. 4: “SMART Cards” ____________________________________________________________________________ SMART CARDS S mart is the operative word among many product developers these days. For example‚ smart card is the name of an advanced form of pocket- and purse-sized cards that may soon usher in a new era of cashless electronic commerce. Although they resemble familiar ATM cards‚ each smart card is equipped with a computer
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Umair Zia Houghton English June 30th‚ 2013 Book Smart vs. Street Smart In the article‚ “Hidden Intellectualism‚” Gerald Graff discusses the topic of book smart versus street smart. Being street smart means having interest in other activities more than in school work‚ while being book smart is the complete opposite of that. Graff believes that having the personality of a street smart person can benefit society if one knows how to channel their potential correctly. He persuades his views
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