- ROI Management Consulting AG Glossary
- Smart products
Are intelligent, software-controlled objects connected via the Internet, such as machines or end consumer products, equipped with sensors. They are able to generate, collect, process and transfer data. The collected data is called ‘big data’ (see Big data). By using specific analyses, links and processing, ‘smart data’ (see Smart data) is created, which in turn form the basis for Smart services (see Smart services).