Internet of Things Business Models

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Internet of Things Business Models

Almost all businesses are aware of the potential gains that the Internet of Things (IoT) has to offer, they are unsure of how to approach it. This article proposes a business model that builds on Holler et al., (2014) [1]. The model consists of three dimensions: “Who, Where, and Why”. “Who” describes collaborating partners, which builds the “Value Network”. “Where” describes sources of value co...

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Business Models of Internet of Things

............................................................................................................................................................................... II Preface ................................................................................................................................................................................. III Executive summary .............

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Business Models and the Internet of Things

This article provides theoretically and practically grounded assistance to companies that are today engaged primarily in non‐digital industries in the development and implementation of business models that use the Internet of Things. To that end, we investigate the role of the Internet in business models in general in the first section. We conclude that the significance of the Internet in busin...

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Business Models for the Internet of Things

The Internet of Things is the connection – via the internet – of objects from the physical world that are equipped with sensors, actuators and communication technology. This technology is looked at by a large variety of domains, such as manufacturing, healthcare and energy, to facilitate the development of new applications and the improvement of existing applications. To also enable the commerc...

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Business Models and the Internet of Things (Extended Abstract)

In this extended abstract we aim on providing an overview on business models based on the Internet of Things for assisting companies that are currently focused on non-digital industries. In the first section the role of the Internet as an innovation driver for business models is reflected, secondly it is shown how business model patterns from digital industries are becoming relevant to physical...

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ژورنال

عنوان ژورنال: Journal of Service Science and Management

سال: 2015

ISSN: 1940-9893,1940-9907

DOI: 10.4236/jssm.2015.84056