Question 3 (Marks: 10) Digital Communication “Big data and advanced analytics, the Internet of Things, digital modelling, additive manufacturing, and computer integrated manufacturing. Industry 4.0 not only embraces each of these – and more - but combines them together in order to make a whole that is vastly greater than the sum of its parts”. Discuss the Internet of Things and how it will affect businesses in South Africa. Identify a sector in the industry and detail how it will be impacted. Hint: Be very creative, take a moment and traverse into the future to envisage how life will evolve when everything becomes connected

The internet can affect the business in many way , in a positive and negative ways. it can affect your business in a positive way such nowadays companies use tracking system for inventory management.  when all your equipment, devices etc (in a company) are integrated into the same network, inventory tracking and management become so intuitive. update will be made instantly. it will help you to track of even more number, you will learn about your customer behavior, and your employees and how they work. with the internet everything will be faster, since interconnection could include everything from traffic light to transportation. you will have a quick service and customer will demand quicker and they will expect the service to be fast due to it standards. energy and production will be cheaper. the bottom line is you will expend less money to produce more inventory and most of your cost will likely decrease. Device management may become nightmarishly complex which can lead you having hard time keeping all your integrated device updated  with the latest software and connected to the network, despite all of that the benefit of increasing productivity and reduce labor cost should balance this out. productivity will increase, as a general rule , your business will be able to operate productively with less expenses. some industry will disappear or radically change due to the introduction of technology (the internet) in companies. Many entrepreneur will struggle especially those from disadvantage background, it will be hard for them to compete in a global economy if their expose to technology. some of them technology is something new to them they have a long way to learn and to allow themselves to introduce technology into their business (DIGC5510Manual page 31, http://www.huffingtonpost.com/anna-johansson/8-ways-the-internet-of-th_b_11763836.html)