Welcome to our introduction on understanding the benefits and challenges of the Internet of Things. In this upcoming chapter, we'll discuss the advantages that the Internet of Things brings to our lives and community. We'll also explore the challenges. The Internet of Things provides devices to improve safety. No more do you have to worry about if you left the stove on. You can check your mobile application and set up an alert to notify you.

Comfort is another benefit. Your thermostat can be set to sense when you enter the room and will automatically adjust the temperature to your preferred comfort level when you are present. With data collection, there's a reduction of errors by eliminating the human factor, which is more error-prone. Internet of Things helps with better decision making by providing analytics from large quantities of data instead of blind subjective decision making on little to no facts.

Cyber security's gonna be a challenge to the introduction to new simple devices which homeowners and businesses will be responsible for promptly setting up and securing. These devices open up another pathway for potential vulnerabilities and cyber attacks. Privacy's another challenge. Large quantities of data will be uploaded to the cloud. There are concerns with what will be done with that data and who will have access to it.

Compliance is a major concern. Companies which adopt smart technologies will have to promptly handle another level of technology to ensure they meet their compliance regulations and audits. There will be large sums of data generated from these devices. There will be challenges transferring and storing large volumes of data all across the world. In addition to the subject on big data, networks will be exposed to a large influx in the amount of data transferred through various networks and devices. Well, that wraps up our lesson. I'll see you in the next lesson.