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How and did the IoT change the current e-commerce business model? What are the advantages, challenges, and limitations of adopting the IoT in e-commerce? What

  • How and did the IoT change the current e-commerce business model?
  • What are the advantages, challenges, and limitations of adopting the IoT in e-commerce?
  • What factors affect the widespread, in-depth adoption of the IoT in e-commerce?
  • What business transformations could e-commerce firms undergo to integrate the IoT with existing e-commerce systems and create new business models and competitive advantage?
  • Benjamin Yen stated, "by 2020, IoT will connect approximately 39 billion devices, a 285% increase over 2015." Is this a true statement, agree or disagree? Give your answer with supporting documentation from the information researched.

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