Internet of Things and Business Models

Forskningsoutput: Kapitel i bok/rapport/Conference proceedingKonferenspaper i proceeding

Standard

Internet of Things and Business Models. / Högnelid, Pelle; Kalling, Thomas.

Proceedings of the 9th International Conference on Standardization and Innovation in Information Technology, IEEE SIIT 2015. Institute of Electrical and Electronics Engineers Inc., 2016. 7535598.

Forskningsoutput: Kapitel i bok/rapport/Conference proceedingKonferenspaper i proceeding

Harvard

Högnelid, P & Kalling, T 2016, Internet of Things and Business Models. i Proceedings of the 9th International Conference on Standardization and Innovation in Information Technology, IEEE SIIT 2015., 7535598, Institute of Electrical and Electronics Engineers Inc., Sunnyvale, USA, 2015/10/06. https://doi.org/10.1109/SIIT.2015.7535598

APA

Högnelid, P., & Kalling, T. (2016). Internet of Things and Business Models. I Proceedings of the 9th International Conference on Standardization and Innovation in Information Technology, IEEE SIIT 2015 [7535598] Institute of Electrical and Electronics Engineers Inc.. https://doi.org/10.1109/SIIT.2015.7535598

CBE

Högnelid P, Kalling T. 2016. Internet of Things and Business Models. I Proceedings of the 9th International Conference on Standardization and Innovation in Information Technology, IEEE SIIT 2015. Institute of Electrical and Electronics Engineers Inc. https://doi.org/10.1109/SIIT.2015.7535598

MLA

Högnelid, Pelle och Thomas Kalling "Internet of Things and Business Models". Proceedings of the 9th International Conference on Standardization and Innovation in Information Technology, IEEE SIIT 2015. Institute of Electrical and Electronics Engineers Inc. 2016. https://doi.org/10.1109/SIIT.2015.7535598

Vancouver

Högnelid P, Kalling T. Internet of Things and Business Models. I Proceedings of the 9th International Conference on Standardization and Innovation in Information Technology, IEEE SIIT 2015. Institute of Electrical and Electronics Engineers Inc. 2016. 7535598 https://doi.org/10.1109/SIIT.2015.7535598

Author

Högnelid, Pelle ; Kalling, Thomas. / Internet of Things and Business Models. Proceedings of the 9th International Conference on Standardization and Innovation in Information Technology, IEEE SIIT 2015. Institute of Electrical and Electronics Engineers Inc., 2016.

RIS

TY - GEN

T1 - Internet of Things and Business Models

AU - Högnelid, Pelle

AU - Kalling, Thomas

PY - 2016/8/5

Y1 - 2016/8/5

N2 - Understanding implications on firm performance from the emergence of Internet of Things (IoT) is critical in order for firms to make rational decisions regarding business model configurations and investments in IoT. The transition between the current state and widespread adoption and diffusion of IoT is expected to be complex, and standardization is one of multiple barriers discussed in research regarding Internet of Things. In order to ensure interoperability between billions of heterogeneous devices, standardization may be a significant factor with potential impact on IoT investments. To expand our understanding of strategic implications of IoT investments, this paper analyzes the impact of IoT on business models and sources of value creation by applying a proposed framework to empirical illustrations. Further research is needed to support development of frameworks and to advance our understanding of how firms should act in order to meet challenges generated by the emergence of IoT.

AB - Understanding implications on firm performance from the emergence of Internet of Things (IoT) is critical in order for firms to make rational decisions regarding business model configurations and investments in IoT. The transition between the current state and widespread adoption and diffusion of IoT is expected to be complex, and standardization is one of multiple barriers discussed in research regarding Internet of Things. In order to ensure interoperability between billions of heterogeneous devices, standardization may be a significant factor with potential impact on IoT investments. To expand our understanding of strategic implications of IoT investments, this paper analyzes the impact of IoT on business models and sources of value creation by applying a proposed framework to empirical illustrations. Further research is needed to support development of frameworks and to advance our understanding of how firms should act in order to meet challenges generated by the emergence of IoT.

KW - business models

KW - empirical illustrations

KW - Internet of Things

KW - interoperability

KW - standardization

UR - http://www.scopus.com/inward/record.url?scp=84985904831&partnerID=8YFLogxK

U2 - 10.1109/SIIT.2015.7535598

DO - 10.1109/SIIT.2015.7535598

M3 - Paper in conference proceeding

BT - Proceedings of the 9th International Conference on Standardization and Innovation in Information Technology, IEEE SIIT 2015

PB - Institute of Electrical and Electronics Engineers Inc.

ER -