A four-step blueprint for digital reinvention

2016 ◽  
Vol 44 (4) ◽  
pp. 18-25 ◽  
Author(s):  
Saul J. Berman ◽  
Peter J. Korsten ◽  
Anthony Marshall
Keyword(s):  
Internet Of Things ◽  
Design Methodology ◽  
The Internet ◽  
Content Type ◽  
New Ways Of Working ◽  
Partner Relationships ◽  
Strategic Focus ◽  
The Internet Of Things ◽  
Practical Implications ◽  
Customer Need

Purpose Digital reinvention helps organizations create unique, compelling experiences for their customers, partners, employees and other stakeholders. Design/methodology/approach Digital reinvention combines the capabilities of multiple technologies, including cloud, cognitive, mobile and the Internet of Things (IoT) to rethink customer and partner relationships from a perspective of fundamental customer need, use or aspiration. Findings The most successful digitally reinvented businesses establish a platform of engagement for their customers, with the business acting as enabler, conduit and partner Practical implications For successful digital reinvention, organizations need to pursue a new strategic focus, build new expertise and establish new ways of working. Originality/value The article offers a blueprint for digital reinvention that involves rethinking customer and partner relationships from a perspective of fundamental customer need, use or aspiration.

The Internet of Things and its impact on the library

2016 ◽  
Vol 117 (3/4) ◽  
pp. 289-292 ◽  
Author(s):  
Bruce Massis
Keyword(s):  
Internet Of Things ◽  
Literature Review ◽  
Design Methodology ◽  
Security And Privacy ◽  
The Internet ◽  
Content Type ◽  
Privacy Concerns ◽  
Potential Impact ◽  
The Internet Of Things

Purpose – The purpose of this paper is to consider the Internet of Things (IOT) and its potential impact on libraries. Design/methodology/approach – This paper presents a literature review and a commentary on this topic that have been addressed by professionals, researchers and practitioners. Findings – In communicating the issues when comprehending the scope of the IOT, libraries need not succumb to the sometimes near-hysteria that surrounds the rhetoric regarding security and privacy. But, librarians must actively engage in the conversation and its subsequent actions to respond to patrons who use library networks and devices with calm, logical and transparent answers to those questions concerning what they are doing to ensure that security and privacy vulnerabilities are regularly addressed. Originality/value – The value in concentrating on this topic is to provide background and suggest several approaches to security and privacy concerns regarding the IOT.

Techno-managerial implications towards communication in internet of things for smart cities

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Avinash Pawar ◽  
Ashutosh Kolte ◽  
Balkrishan Sangvikar
Keyword(s):  
Internet Of Things ◽  
Urban Areas ◽  
Design Methodology ◽  
Smart Cities ◽  
The Internet ◽  
The Novel ◽  
Content Type ◽  
The People ◽  
Managerial Implications ◽  
The Internet Of Things

Purpose The purpose of this paper is to explore the significance of the internet of things (IoT) system for smart cities and deliberate on the technological aspects involved in developing smart cities along with the framework, impact and benefits of IoT for smart cities. Design/methodology/approach This research is based on the review and synthesis of the papers on the broader areas of IoT for the application and implication towards the smart cities. The prime focus of this paper is to realize the IoT systems for smart city’s development and implementation of various technologies in the context of the Indian environment. Findings The outcome of the paper explores the highlights of the importance of the IoT system, including the technological framework, impact and benefits for smart cities. The outcome also highlights the application of IoT for smart cities. This paper provides direction regarding future degrees, potential conceivable outcomes and issues concerning the technological side of smart cities. IoT can change the lives of the people and support evolving urban areas for developing smart cities in India. Originality/value The paper deliberates on the novel techno-managerial approach towards the endeavour of smart cities using the IoT.

The next digital gold rush: how the internet of things will create liquid, transparent markets

2015 ◽  
Vol 43 (1) ◽  
pp. 36-41 ◽  
Author(s):  
Paul Brody ◽  
Veena Pureswaran
Keyword(s):  
Internet Of Things ◽  
Low Cost ◽  
Capacity Utilization ◽  
Gold Rush ◽  
Value Chains ◽  
The Internet ◽  
Content Type ◽  
Physical Assets ◽  
The Internet Of Things ◽  
Practical Implications

Purpose – The article analyses the market changes that are likely to be produced by and Internet of Things comprised of hundreds of billions of connected devices. Design/methodology/approach – Based on an IBM study, the authors foresee an Internet of Things emerging as a low-cost, private-by-design “democracy of devices” that will enable new digital economies and create new value, while offering consumers and enterprises fundamentally better products and user experiences. Findings – The IoT creates the ability to digitize, sell and deliver physical assets as easily as with virtual goods today. Using everything from Bluetooth beacons to Wi-Fi-connected door locks to allow customer access, many physical assets will become digital services. Practical implications – In a device-driven democracy, conference rooms, hotel rooms, cars and warehouse bays can themselves report capacity, utilization and availability in real-time. By taking raw capacity and making it easy to be utilized commercially, the IoT can remove barriers to fractionalization of industries that would otherwise be impossible. Originality/value – The article paints a compelling picture of a future in which the Internet of Things initiates five vectors of disruption by: Unlocking excess capacity of physical assets. 2. Creating liquid, transparent marketplaces. 3. Radical re-pricing of credit and risk. 4. Improving operational efficiency. 5. Digitally integrating value chains.

scholarly journals Making sense of the internet of things: a critical review of internet of things definitions between 2005 and 2019

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Nikolaos Goumagias ◽  
Jason Whalley ◽  
Ozge Dilaver ◽  
James Cunningham
Keyword(s):  
Internet Of Things ◽  
Design Methodology ◽  
Resource Scarcity ◽  
Snowball Sampling ◽  
Privacy And Security ◽  
Content Type ◽  
Making Sense ◽  
The Internet Of Things ◽  
Practical Implications ◽  
New Framework

PurposeThis paper aims to study the evolution of definitions of internet of things (IoT) through time, critically assess the knowledge these definitions contain and facilitate sensemaking by providing those unfamiliar with IoT with a theoretical definition and an extended framework.Design/methodology/approach164 articles published between 2005 and 2019 are collected using snowball sampling. Further, 100 unique definitions are identified in the sample. Definitions are examined using content analysis and applying a theoretical framework of five knowledge dimensions.FindingsIn declarative/relational dimensions of knowledge, increasing levels of agreement are observed in the sample. Sources of tautological reasoning are identified. In conditional and causal dimensions, definitions of IoT remain underdeveloped. In the former, potential limitations of IoT related to resource scarcity, privacy and security are overlooked. In the latter, three main loci of agreement are identified.Research limitations/implicationsThis study does not cover all published definitions of IoT. Some narratives may be omitted by our selection criteria and process.Practical implicationsThis study supports sensemaking of IoT. Main loci of agreement in definitions of IoT are identified. Avenues for further clarification and consensus are explored. A new framework that can facilitate further investigation and agreement is introduced.Originality/valueThis is, to the authors’ knowledge, the first study that examines the historical evolution of definitions of IoT vis-à-vis its technological features. This study introduces an updated framework to critically assess and compare definitions, identify ambiguities and resolve conflicts among different interpretations. The framework can be used to compare past and future definitions and help actors unfamiliar with IoT to make sense of it in a way to reduce adoption costs. It can also support researchers in studying early discussions of IoT.

scholarly journals The Internet of Things in manufacturing innovation processes: development and application of a conceptual framework

2016 ◽  
Vol 22 (2) ◽  
Author(s):  
Andrea Caputo ◽  
Giacomo Marzi ◽  
Massimiliano Matteo Pellegrini
Keyword(s):  
Additive Manufacturing ◽  
3D Printing ◽  
Internet Of Things ◽  
Conceptual Framework ◽  
Design Methodology ◽  
Manufacturing Industry ◽  
Incremental Innovation ◽  
The Internet ◽  
The Internet Of Things ◽  
Practical Implications

Purpose This study aims to contribute and enrich the scientific debate about the phenomenon called the Internet of Things (IoT) from a managerial perspective. Through the lenses of management and innovation literature, we investigate the main facts that characterize the IoT and developed a conceptual framework to interpret its evolution. The framework has then been applied to the case of a three-dimensional (3D) printing technology used for additive manufacturing. Design/methodology/approach A theoretical analysis of the phenomenon of the IoT and its main elements has been performed to construct a conceptual framework in a managerial fashion able to describe the evolutionary impacts of the phenomenon on the manufacturing industry. Findings Through consequential steps, namely radical, modular, architectural and incremental innovation, and by adopting and integrating the Henderson and Clark model, we explain the cornerstones of the evolutionary impact of the IoT on the manufacturing industry. Finally, we apply our framework to the case of additive manufacturing and 3D printing. Practical implications Our framework’s practical value is related to its employability in interpreting and possibly forecasting the evolution of manufacturing industries thanks to the advent of the IoT, allowing managers to capture value arising from technological changes. Originality/value This study offers a clear and simple model to interpret the impacts of the IoT. Such a goal has been obtained by systematizing the disconnected research on the topic and arranging such contributions into solid paradigms of the managerial literature.

Innovation advantage: insourcing engineering

2015 ◽  
Vol 43 (6) ◽  
pp. 3-9 ◽  
Author(s):  
Reuben Chaudhury ◽  
Dieter Gerdemann ◽  
Bharat Kapoor
Keyword(s):  
Core Competence ◽  
Design Methodology ◽  
The Internet ◽  
Strategic Investment ◽  
Content Type ◽  
Marginal Value ◽  
Near Future ◽  
Innovative Capacity ◽  
The Internet Of Things ◽  
Practical Implications

Purpose – The authors make the case that insourcing engineering is a strategic investment in developing a company’s core competence and innovative capacity needed to continually push the frontiers of its markets, which is essential to creating fresh marginal value under all scenarios. Design/methodology/approach – The authors layout the risks of outsourcing engineering and explain why the benefits of insourcing engineering are great and likely to grow more critical in the near future. Findings – As the Internet of Things opens vast new possibilities for differentiating nearly everything such companies might build, innovative engineering to achieve superior connectivity, functionality and invulnerability becomes critical to competitive advantage. Practical implications – Insourcing engineering not only resurrects the innovation and IP that distinguish sustainably successful market leaders, it also increases the ability to keep ideas secret until the production stage, thus allowing for full commercialization. Originality/value – A leading practitioner at General Electric describes his firm’s experience with outsourcing engineering and why it reversed course and began insourcing engineering again.

The case for blockchain in IoT identity management

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Patrícia R. Sousa ◽  
João S. Resende ◽  
Rolando Martins ◽  
Luís Antunes
Keyword(s):  
Internet Of Things ◽  
Design Methodology ◽  
Identity Management ◽  
Privacy Preserving ◽  
Use Cases ◽  
The Internet ◽  
Use Case ◽  
Ongoing Research ◽  
Content Type ◽  
The Internet Of Things

PurposeThe aim of this paper is to evaluate the use of blockchain for identity management (IdM) in the context of the Internet of things (IoT) while focusing on privacy-preserving approaches and its applications to healthcare scenarios.Design/methodology/approachThe paper describes the most relevant IdM systems focusing on privacy preserving with or without blockchain and evaluates them against ten selected features grouped into three categories: privacy, usability and IoT. Then, it is important to analyze whether blockchain should be used in all scenarios, according to the importance of each feature for different use cases.FindingsBased on analysis of existing systems, Sovrin is the IdM system that covers more features and is based on blockchain. For each of the evaluated use cases, Sovrin and UniquID were the chosen systems.Research limitations/implicationsThis paper opens new lines of research for IdM systems in IoT, including challenges related to device identity definition, privacy preserving and new security mechanisms.Originality/valueThis paper contributes to the ongoing research in IdM systems for IoT. The adequacy of blockchain is not only analyzed considering the technology; instead the authors analyze its application to real environments considering the required features for each use case.

The future of the Internet of Things: toward heterarchical ecosystems and service business models

2018 ◽  
Vol 33 (6) ◽  
pp. 749-767 ◽  
Author(s):  
Seppo Leminen ◽  
Mervi Rajahonka ◽  
Mika Westerlund ◽  
Robert Wendelin
Keyword(s):  
Internet Of Things ◽  
Business Model ◽  
Value Chain ◽  
Large Scale ◽  
Business Models ◽  
The Internet ◽  
Content Type ◽  
Industry Collaboration ◽  
New Business ◽  
The Internet Of Things

Purpose This study aims to understand their emergence and types of business models in the Internet of Things (IoT) ecosystems. Design/methodology/approach The paper builds upon a systematic literature review of IoT ecosystems and business models to construct a conceptual framework on IoT business models, and uses qualitative research methods to analyze seven industry cases. Findings The study identifies four types of IoT business models: value chain efficiency, industry collaboration, horizontal market and platform. Moreover, it discusses three evolutionary paths of new business model emergence: opening up the ecosystem for industry collaboration, replicating the solution in multiple services and return to closed ecosystem as technology matures. Research limitations/implications Identifying business models in rapidly evolving fields such as the IoT based on a small number of case studies may result in biased findings compared to large-scale surveys and globally distributed samples. However, it provides more thorough interpretations. Practical implications The study provides a framework for analyzing the types and emergence of IoT business models, and forwards the concept of “value design” as an ecosystem business model. Originality/value This paper identifies four archetypical IoT business models based on a novel framework that is independent of any specific industry, and argues that IoT business models follow an evolutionary path from closed to open, and reversely to closed ecosystems, and the value created in the networks of organizations and things will be shareable value rather than exchange value.

Doing the strategy hard yards

2019 ◽  
Vol 35 (1) ◽  
pp. 19-21
Keyword(s):  
Case Studies ◽  
Design Methodology ◽  
Reading Time ◽  
Cutting Edge ◽  
The Internet ◽  
Content Type ◽  
Successful Strategy ◽  
Pertinent Information ◽  
High Level ◽  
Practical Implications

Purpose This paper reviews the latest management developments across the globe and pinpoints practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings If you search images of the word “strategy” on the internet, three of the first seven images to appear on Google (other search engines are available) include chess pieces, while two of the top ten hits involve light bulbs. Aside from the obvious conclusions that any strategic discussion should either involve chess grand masters or well-lit rooms, it is clear that most people assume winning games with lots of moves are possible is the key to a successful strategy. But is this a valid analogy, even at a high level? Originality/value The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.

scholarly journals An intelligence optimization method based on crowd intelligence for IoT devices

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ke Wang ◽  
Zheming Yang ◽  
Bing Liang ◽  
Wen Ji
Keyword(s):  
Genetic Algorithm ◽  
Design Methodology ◽  
Rapid Development ◽  
Optimization Method ◽  
The Internet ◽  
Content Type ◽  
Communication Capacity ◽  
Iot Devices ◽  
Crowd Intelligence ◽  
The Internet Of Things

Purpose The rapid development of 5G technology brings the expansion of the internet of things (IoT). A large number of devices in the IoT work independently, leading to difficulties in management. This study aims to optimize the member structure of the IoT so the members in it can work more efficiently. Design/methodology/approach In this paper, the authors consider from the perspective of crowd science, combining genetic algorithms and crowd intelligence together to optimize the total intelligence of the IoT. Computing, caching and communication capacity are used as the basis of the intelligence according to the related work, and the device correlation and distance factors are used to measure the improvement level of the intelligence. Finally, they use genetic algorithm to select a collaborative state for the IoT devices. Findings Experimental results demonstrate that the intelligence optimization method in this paper can improve the IoT intelligence level up to ten times than original level. Originality/value This paper is the first study that solves the problem of device collaboration in the IoT scenario based on the scientific background of crowd intelligence. The intelligence optimization method works well in the IoT scenario, and it also has potential in other scenarios of crowd network.

Sign in / Sign up

Export Citation Format

Share Document