5G

2018 ◽  
pp. 1-39
Author(s):  
Ravi Sekhar Yarrabothu
Keyword(s):  
Data Exchange ◽  
Business Models ◽  
Time Frame ◽  
Cellular Communications ◽  
The Internet ◽  
Voice Communication ◽  
Research Activities ◽  
4G Lte ◽  
The Internet Of Things ◽  
Broad Consensus

Cellular communications has evolved from 1G to 4G to cater for the various service offerings of voice communication, data exchange and web browsing. The coming generation, 5G, is aiming at the wider concept of the Internet of things (IoT). A broad consensus by industry and standards organizations is to introduce 5G around 2020 time frame. This chapter will overview 5G as a necessary platform for the success of the IoT. It provides an overview of 1G to 4G evolution and the demand issues behind 5G while discussing deficiencies of 4G LTE which prohibits it from rising up to the challenges presented in IoT. On the path to 5G, the chapter outlines the 5G Vision, its requirements, use cases, business models and value creation. Discussions of some of the 5G challenges are included in the chapter; its coexistence with current technologies, its strict latency and high spectrum requirements, and the performance and variability of the QoS requirements of 5G applications. Finally, an outline of 5G research activities and initiatives across the globe is provided.

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 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

scholarly journals Actors in the Emerging Internet of Things Ecosystems

2017 ◽  
Vol 9 (1) ◽  
pp. 57-75 ◽  
Author(s):  
Seppo Leminen ◽  
Mervi Rajahonka ◽  
Mika Westerlund
Keyword(s):  
Internet Of Things ◽  
Business Models ◽  
Peer To Peer ◽  
The Internet ◽  
Role Behavior ◽  
Analyse Data ◽  
The Internet Of Things

This study investigates actors in the ecosystems of the Internet of Things (IoT). Previous research suggests that unstructured ecosystems make one of the greatest challenges for creating business models for the IoT. The present study concludes four contributions. First, the study reviews literature to develop a framework for role mechanisms in ecosystems and applies the framework to analyse data from fifteen interviews in six cases. Second, it identifies four diverse actor roles in IoT ecosystems: butterfly, ant and greenfly, spider, and the swarm of bees. Third, the study shows how actors take and make different roles in four emerging IoT ecosystems; product-, company-, industry-, and peer to peer ecosystems, which are structured in accordance with the identified actors' role behavior. Fourth, it suggests a new role pattern, role replication, where companies replicate their value designs and networks to other contexts.

scholarly journals A Business Model Approach for Service Engineering in the Internet of Services

2011 ◽  
Vol 2 (4) ◽  
pp. 1-8 ◽  
Author(s):  
Holger Kett
Keyword(s):  
Service Sector ◽  
Business Models ◽  
Business Processes ◽  
Current Trend ◽  
The Internet ◽  
Industrialized Countries ◽  
Service Engineering ◽  
Research Activities ◽  
Internet Of Services ◽  
Strategic Market

In all major industrialized countries, the service sector is the largest economic segment maintaining the highest growth rate. A current trend in the Internet of Services is to develop and offer software as a service (SaaS). Some research activities, such as Theseus/TEXO focus on the design and development of Web-based service ecosystems based on Web-platforms which allow offering, trading, and executing of services over the Internet. This paper is based on the Integrated Service Engineering (ISE) methodology, an interdisciplinary methodology for developing electronic services. The focus of this work is laid on the development of business models from a strategic-/market-oriented perspective, prior to consider the service business processes and the underlying IT-oriented service concept. The role of the business strategist and its objectives is introduced. The methodology has been developed in the Theseus/TEXO project which is funded by the German Federal Ministry of Economy and Technology.

scholarly journals The Digital Universe

2020 ◽  
Vol 2 (3) ◽  
pp. 9
Author(s):  
Matt Zwolenski ◽  
Lee Weatherill
Keyword(s):  
Sensor Networks ◽  
Information Security ◽  
Internet Of Things ◽  
Data Protection ◽  
Business Models ◽  
Unstructured Data ◽  
The Internet ◽  
Next Generation ◽  
The Internet Of Things ◽  
The Way

The Digital Universe, which consists of all the data created by PC, Sensor Networks, GPS/WiFi Location, Web Metadata, Web-Sourced Biographical Data, Mobile, Smart-Connected Devices and Next-Generation Applications (to name but a few) is altering the way we consume and measure IT and disrupting proven business models. Unprecedented and exponential data growth is presenting businesses with new and unique opportunities and challenges. As the ‘Internet of Things’ (IoT) and Third Platform continue to grow, the analysis of structured and unstructured data will drive insights that change the way businesses operate, create distinctive value, and deliver services and applications to the consumer and to each other. As enterprises and IT grapple to take advantage of these trends in order to gain share and drive revenue, they must be mindful of the Information Security and Data Protection pitfalls that lay in wait ─ hurdles that have already tripped up market leaders and minnows alike.

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.

scholarly journals A Survey Study Report on Cloud Computing

2021 ◽  
pp. 326-329
Author(s):  
A. Shabana ◽  
Dr. V. Divya
Keyword(s):  
Cloud Computing ◽  
Business Models ◽  
Survey Study ◽  
The Internet ◽  
Computing Model ◽  
Survey Report ◽  
New Business ◽  
Storage Location ◽  
The Internet Of Things ◽  
New Business Models

In the recent years one of the major computing model in the Internet World is is Cloud Computing. It is giving birth to new business models and accelerating itself to technology adoption. It acts as a foundation for emerging technologies like the Internet Of Things (IOT). Cloud is used as a storage location. So, we can able to access the data stored in the cloud anytime and anywhere. This paper is about the Survey Report on IEEE Cloud Computing paper published by the author in the appropriate years and I have also reviewed about the Existing Algorithms /Techniques and its drawbacks, Methodologies used and Advantages of Proposed Algorithm which we can improve in future.

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