INDUSTRY 4.O : The combination of the Internet of Things (IoT) and the Internet of People (IoP)

Authors

  • Mary Jeyanthi P Assistant Professor, Institute of Management Technology, Nagpur, Maharastra, India

Abstract

This paper specifies the Internet of People, Things & Services (IoPTS) as the visualization where people, things and services are effortlessly integrated into the internet as active participants which exchange data about itself and their perceived nearby environments over a network-based infrastructure. The IoPTS, among many other features, is characterized by its gross sum in terms of services, things,and people that will generate data populating massive directories; its advanced potential for tracking people, things and objects; its focus is on various frontiers, a person can guess multiple identities where every identity is associated with multiple things (devices) linked to numerous services; its vertical agility with a phenomenal rise in the level of difficulty from a governance perspective. As stated by World Economic Forum (WEF), in January 2016, as The Future of Jobs: Skills, Workforce and Employment Strategy for the 4 th Industrial Revolution, a mass of developments had moved the world of labor into the “4th Industrial Revolution” that will fundamentally change the way we work, live and relate to each other.

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Published

25-12-2018

How to Cite

P, M. J. (2018). INDUSTRY 4.O : The combination of the Internet of Things (IoT) and the Internet of People (IoP). Journal of Contemporary Research in Management (JCRM), 13(4). Retrieved from https://jcrm.psgim.ac.in/index.php/jcrm/article/view/689