Collaborative learning – Week 3

TOPIC 1
IoT (1)
Please explain “brownfields” and “greenfields” under the context
of IoT.
Please identify the benefits of IoT.
What are the challenges when a company is trying to shift from
“sensing” to “doing” in its IoT ecosystem?
Please explain issues on data security from IoT.
What are the cyber implications from IoT? How can a company
do to safeguard its ecosystem?
Reference:
8.Deloitte University Press, Internet of Things: From sensing to doing, 2016
https://dupress.deloitte.com/dup-us-en/focus/tech-trends/2016/internet-of-
things-iot-applications-sensing-to-doing.html page 35-47
 Collaborative learning – Week 3

TOPIC 2
IoT (2)
Please give an example on the usage of IoT in the following
industries:
– Healthcare
– Ground transportation
– Logistic
Please identify technology components that might be used for
each above industry/example.
Please describe the benefits and challenges for company that
uses IoT in those 3 industries.
Reference:
Open references – students are free to use any relevant references to answer above questions.
 Collaborative learning – Week 3

TOPIC 3
IoT (3)
What are the technologies that enabling IoT?
Please explain Information Value loop.
What is the difference between augmented intelligence and
augmented behaviour?
Please explain M2M and M2H and give examples
Please explain the IoT Technology Architecture.

Reference:
9. Deloitte University Press, Inside the Internet of Things (IoT), 2015
https://dupress.deloitte.com/dup-us-en/focus/internet-of-things/iot-primer-iot-
technologies-applications.html
 Collaborative learning – Week 3

TOPIC 4
IoT (4)
Please explaing what it means by “within the walls” and “end to
end” IoT deployments.
Please explain the following quote:
By allowing for the adoption of knowledge-as-a-service models, the IoT is creating new value in
supply chains. But with a whole ecosystem competing for that value, the spoils will likely be
split between companies, suppliers, customers, and even third-party carriers.
Please give 2 examples of IoT implementation in supply chain
management.
Please identify benefits of IoT in supply chain management.
Reference:
10. Deloitte University Press, Forging links into loops: The Internet of Things’ potential to recast
supply chain management, 2015 https://dupress.deloitte.com/dup-us-en/deloitte-
review/issue-17/internet-of-things-supply-chain-management.html
 Collaborative learning - Week 3

TOPIC 5
Artificial Intelligence (1)
Please explain the definition of Artificial Intelligence.
What are the four areas across the value chain where AI can
create value? Please give example for each area.
Please describe five technology systems that are key areas of AI
development.
Please explain the six features/characteristics of the early
pattern of AI adoption.
Please elaborate the core elements of a successful AI
transformation.
Reference:
11.McKinsey Global Institute, Artificial Intelligence, The Next Digital Frontier, 2017
(80 halaman)nhttp://www.odbms.org/2017/08/artificial-intelligence-the-next-
digital-frontier-mckinsey-global-institute-study/
 Collaborative learning - Week 3

TOPIC 6
Artificial Intelligence (2)
Please give example the implementation of AI in the following
industries
– Healthcare
– Education
– Retail
Please describe the benefits and challenges for company that
uses AI in those 3 industries.
Reference:
11.McKinsey Global Institute, Artificial Intelligence, The Next Digital Frontier, 2017
(80 halaman)nhttp://www.odbms.org/2017/08/artificial-intelligence-the-next-
digital-frontier-mckinsey-global-institute-study/
13.Deloitte University Press, Cognitive technologies Applications to solve traditional
business problems , 2015 https://dupress.deloitte.com/dup-us-en/focus/signals-
for-strategists/trends-cognitive-technology-business-issues.html
 Collaborative learning - Week 3

TOPIC 7
Cognitive Technology, Machine Learning, Blockchain
What is cognitive technology? How does it differ from AI?
What is machine learning? How does it differ from AI? Please
give example.
What is blockchain? Please elaborate its processes.
What are key characteristics of blockchain technology? (Ref #15)
Please describe the benefits and challenges of blockchain.
Reference:
13.Deloitte University Press, Cognitive technologies Applications to solve traditional business problems , 2015
https://dupress.deloitte.com/dup-us-en/focus/signals-for-strategists/trends-cognitive-technology-business-issues.html
15.CPA Canada, Technological Disruption of Capital Markets and Reporting?: An Introduction to Blockchain, 2016
https://www.cpacanada.ca/en/business-and-accounting-resources/other-general-business-topics/information-management-and-
technology/publications/introduction-to-blockchain-technology
16.ACCA, Divided we fall, distributed we stand. The professional accountant’s guide to distributed ledgers and blockchain, 2017
http://www.accaglobal.com/lk/en/technical-activities/technical-resources-search/2017/april/divided-we-fall-distributed-we-stand.html
17.CA Australia New Zealand, The Future of Blockchain: Applications And Implications Of Distributed Ledger Technology, 2017
https://www.charteredaccountantsanz.com/news-and-analysis/insights/future-inc/the-future-of-blockchain
Open resources – students are free to use any relevant references to answer above questions.
 Collaborative learning - Week 3

TOPIC 8
Blockchain
Please give example of blockchain application in the following areas (Ref #16 #20)
– Trade finance
– Supply chain
– Insurance
Please explain applications of blockchain for payments and settlements versus as an
immutable ledger. (Ref #17)
Please explain the implication of blockchain for audits. (Ref #18 #22)
What challenges could prevent blockchain from getting to critical mass? (Ref #19)
Reference:
16.ACCA, Divided we fall, distributed we stand. The professional accountant’s guide to distributed ledgers and blockchain, 2017
http://www.accaglobal.com/lk/en/technical-activities/technical-resources-search/2017/april/divided-we-fall-distributed-we-
stand.html
17. CA Australia New Zealand, The Future of Blockchain: Applications And Implications Of Distributed Ledger Technology, 2017
https://www.charteredaccountantsanz.com/news-and-analysis/insights/future-inc/the-future-of-blockchain
18.EY, Building Blocks of the Future, 2016 http://www.ey.com/gl/en/services/assurance/ey-reporting-building-blocks-of-the-
future
19.EY, Blockchain reaction. Tech companies plan for critical mass, 2016 http://www.ey.com/gl/en/industries/technology/ey-
blockchain-reaction-tech-plans-for-critical-mass
20.EY, Implementing blockchains and distributed infrastructure, 2016 http://www.ey.com/gl/en/industries/financial-
services/banking---capital-markets/ey-implementing-blockchains-and-distributed-infrastructure
22.AuditFuture, Unchaining the blockchain, 2016 http://auditfutures.org/panorama-1608/
 Collaborative learning - Week 3

TOPIC 9
Accountant professions
What are the impacts of IoT, AI & ML and blockchain to
accounting processes and profession?
No Technology Impact on accounting processes What accountants need to do

1 IoT 1.... 2..... 1.... 2.....

2 AI & ML 1.... 2..... 1.... 2.....
3 Blockchain 1.... 2..... 1.... 2.....

References:
12.ICAEW IT Faculty, Artificial intelligence and the future of accountancy, 2017 https://www.icaew.com/en/technical/information-
technology/technology/artificial-intelligence-the-future-of-accountancy
14.PWC, What does automation mean for the accounting profession? 2016 https://www.pwc.com/my/en/assets/press/1608-
accountants-today-automation-impact-on-accounting-profession.pdf
16.ACCA, Divided we fall, distributed we stand. The professional accountant’s guide to distributed ledgers and blockchain, 2017
http://www.accaglobal.com/lk/en/technical-activities/technical-resources-search/2017/april/divided-we-fall-distributed-we-
stand.html
22.AuditFuture, Unchaining the blockchain, 2016 http://auditfutures.org/panorama-1608/
Open resources – students are free to use any relevant references to answer above questions.