scholarly journals ANALYSIS OF THE CONCEPT INTERNET OF THINGS AND THE DYNAMICS OF ITS DEVELOPMENT IN DIFFERENT INDUSTRIES

2020 ◽  
pp. 171-185
Author(s):  
Yuliia Pyrih ◽  
Mykola Kaidan ◽  
Olena Hordiichuk-Bublivska
Keyword(s):  
Internet Of Things ◽  
Smart City ◽  
Business Models ◽  
Human Life ◽  
Qualitative Change ◽  
Human Condition ◽  
The Internet ◽  
Intelligent Transport System ◽  
And Storage ◽  
The Internet Of Things

The paper considers the concept of "Internet of Things", which is increasingly penetrating into various spheres of human life and contributes to a significant qualitative change in economic, operational and technological processes. The stages of functioning of the Internet of Things and the levels of its architecture are considered. Based on an analysis of a number of literature sources, the IoT has the greatest impact on six industries such as electricity and housing, health, agriculture and livestock, freight transportation and storage, smart city and construction, and manufacturing. A description of the main types of services for each of these industries and the role of the Internet of Things for its development. It is determined that the application of IoT solutions: in energy - allows to reduce the cost of infrastructure operation, prevent serious accidents and increase the efficiency of asset use; in healthcare - provides real-time streaming of data from devices that monitor the human condition, which allows for accurate diagnosis, increase the accuracy of results and optimize the provision of medical care; in agriculture and livestock - allows to significantly increase the efficiency of cultivation and reduce losses of agricultural products by raising awareness in decision-making and the ability to respond quickly to changes in weather, prices, market situation, etc .; for transportation and storage of goods - allows to provide smooth movement of operations and reduction of underutilization of resources for profit maximization; for "smart city" and construction - allows you to fundamentally improve the city's economy, improve living standards and public safety through more efficient management of housing and communal services, transport and services for the population; for industrial production - allows you to optimize production processes, modify business models, as well as increase productivity and efficiency, while reducing costs. The scheme of intelligent transport system for the city of Kyiv is presented.

Significance of Building Information Modeling in Modern Project Management for Sustainable Smart City Applications

2021 ◽  
pp. 2141007
Author(s):  
Mengyi Lian ◽  
Xiaowei Liu
Keyword(s):  
Project Management ◽  
Internet Of Things ◽  
Smart City ◽  
Building Information Modeling ◽  
Information Modeling ◽  
The Internet ◽  
City Environment ◽  
Modern Project ◽  
Building Information ◽  
The Internet Of Things

Building information modeling (BIM) is one of the most exciting recent construction, engineering, and architecture developments. Built environments play a significant role in Smart City worldwide, and they are used to convey useful information to achieve smart city strategic goals. In modern project management, optimizing resources, BIM data integration, and data sharing in a smart city environment is challenging. Hence, in this paper, IoT-based Improved Building Information modeling (IoT-IBIM) has been proposed to overcome the challenges in building information modeling in modern project management for sustainable smart city applications. This paper discusses the efforts to create and integrate built-in environment data with IoT sensors for effective communication. The Internet of Things provides efficient resource control, increased efficiency, and improved human quality of life. As a result, the Internet of Things is a critical enabler of smart societies, including smart homes, smart cities, and smart factories. Building Information Modeling is an advanced asset allocation framework that generates high-quality output, reduces resource use, reduces environmental effects of development, and secures resources and availability for future generations. The experimental results show that the proposed IoT-IBIM method enhances the performance ratio and improves data integration and data sharing in a smart city environment.

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.

scholarly journals City with Smart Waste Management: Introducing Waste Bin Technologies

2021 ◽  
Vol 34 (02) ◽  
pp. 1032-1038
Author(s):  
Arya Majidi
Keyword(s):  
Internet Of Things ◽  
Adverse Effects ◽  
Waste Management ◽  
Smart Cities ◽  
Human Life ◽  
The Other ◽  
The Internet ◽  
Waste Collection ◽  
Waste Production ◽  
The Internet Of Things

Population growth and urbanization have led to an increase in the rate of waste production, the lack of timely and proper management of which will have adverse effects on human life and the environment. Since most of the waste management costs are spent on waste collection and transportation, it is necessary to find solutions to control the huge costs of this sector. On the other hand, today, intelligent technologies are used globally as solutions to meet challenges in various fields such as agriculture to improve agro-industrial production, transportation, and waste management, which creates a concept called smart cities. One of the categories that has changed the concept of cities and made them have easier and smarter answers to various events and needs is the "Internet of Things", in which many cases and infrastructures with new hardware technologies and Software are integrated. Waste collection is no exception to this rule and efforts have been made to make it smarter. In this research, some of the latest innovations presented globally in order to make trash smarter have been examined.

scholarly journals Smart cities IOT & Digital network connectivity devices: Optimization on business in Africa

2021 ◽  
pp. 064-071
Author(s):  
Makeri Yakubu Ajiji ◽  
Xi’an Jiaotong Victor Chang ◽  
Targio Hashem Ibrahim Abaker ◽  
Uzorka Afam ◽  
T Cirella Giuseppe
Keyword(s):  
Internet Of Things ◽  
Urban Communities ◽  
Information And Communication Technologies ◽  
Smart City ◽  
Urban Areas ◽  
Smart Cities ◽  
The Internet ◽  
City Development ◽  
Short Article ◽  
The Internet Of Things

Today the world is becoming connected. The number of devices that are connected are increasing day by day. Many studies reveal that about 50 billion devices would be connected by 2020 indicating that Internet of things have a very big role to play in the future to come Considering the perplexing engineering of Smart City conditions, it ought not to be failed to remember that their establishment lies in correspondence advancements that permit availability and information move between the components in Smart City conditions. Remote interchanges with their capacities speak to Smart City empowering advancements that give the open door for their fast and effective execution and extension as well. The gigantic weight towards the proficient city the board has triggered various Smart City activities by both government and private area businesses to put resources into Information and Communication Technologies to discover feasible answers for the assorted chances and difficulties (e.g., waste the executives). A few specialists have endeavored to characterize a lot of shrewd urban areas and afterward recognize openings and difficulties in building brilliant urban communities. This short article likewise expresses the progressing movement of the Internet of Things and its relationship to keen urban communities. Advancement in ICT and data sharing innovation are the drivers of keen city degree and scale. This quick development is changing brilliant city development with the beginning of the Internet of Things (IoT). This transformation additionally speaks to difficulties in building (Kehua, Li, and Fu ,Su et al.1). By knowing the attributes of specific advances, the experts will have the occasion to create proficient, practical, and adaptable Smart City frameworks by actualizing the most reasonable one.

scholarly journals Designing Business Models for the Internet of Things

2014 ◽  
Vol 4 (7) ◽  
pp. 5-14 ◽  
Author(s):  
Mika Westerlund ◽  
Seppo Leminen ◽  
Mervi Rajahonka
Keyword(s):  
Internet Of Things ◽  
Business Models ◽  
The Internet ◽  
The Internet Of Things

Research on the Key Technology in Data Transmission Based on the Control System of Internet of Things

2014 ◽  
Vol 998-999 ◽  
pp. 1374-1377
Author(s):  
Da Hui Li
Keyword(s):  
Internet Of Things ◽  
Data Transmission ◽  
Driving Forces ◽  
Human Life ◽  
Information Aggregation ◽  
The Internet ◽  
Related Services ◽  
Fully Integrated ◽  
Key Technology ◽  
The Internet Of Things

This article introduces the services and development of the Internet of Things, and analyzes the driving forces and obstacles behind such development. Looking at application types and the different development stages of the Internet of Things, this article categorizes its services into four types: identity related services, information aggregation services, collaborative-aware services, and ubiquitous services. For the first two types of services, applications and system framework are discussed; for the last two types, development trends are discussed. Services provided by the Internet of Things will gradually be integrated into human life and society; with the development of the Internet of Things, applications will evolve from relatively simple identity-related and information aggregation-related applications, to collaboratively-aware and finally ubiquitous applications. It will then be possible for the Internet of Things to be fully integrated with Internet and telecommunications networks

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