Internet of Things and Big Data-Driven Data Analysis Services for Third Parties

2019 ◽  
pp. 256-289 ◽  
Author(s):  
Izabella V. Lokshina ◽  
Barbara J. Durkin ◽  
Cees J. M. Lanting
Keyword(s):  
Big Data ◽  
Data Analysis ◽  
Internet Of Things ◽  
Business Models ◽  
Management Practices ◽  
Data Driven ◽  
The Internet ◽  
Knowledge Based ◽  
Provision Of Services ◽  
New Business

Ubiquitous sensing devices, enabled by wireless sensor network (WSN) technologies, cut across every area of modern day living, affecting individuals and businesses and offering the ability to measure and understand environmental indicators. The proliferation of these devices in a communicating-actuating network creates the internet of things (IoT). The IoT provides the tools to establish a major global data-driven ecosystem with its emphasis on big data. Now business models may focus on the provision of services (i.e., the internet of services [IoS]). These models assume the presence and development of the necessary IoT measurement and control instruments, communications infrastructure, and easy access to the data collected and information generated. Different business models may support creating revenue and value for different types of customers. This chapter contributes to the literature by considering, for the first time, knowledge-based management practices, business models, new ventures, and new business opportunities for third-party data analysis services.

IoT- and Big Data-Driven Data Analysis Services for Third Parties, Strategic Implications and Business Opportunities

2018 ◽  
Vol 9 (3) ◽  
pp. 34-52 ◽  
Author(s):  
Izabella V. Lokshina ◽  
Cees J.M. Lanting ◽  
Barbara J. Durkin
Keyword(s):  
Big Data ◽  
Data Analysis ◽  
Business Models ◽  
Management Practices ◽  
Environmental Indicators ◽  
Third Party ◽  
Data Driven ◽  
Easy Access ◽  
Business Opportunities ◽  
Provision Of Services

This article describes ubiquitous sensing devices, enabled by wireless sensor network (WSN) technologies, now cut across every area of modern day living, affecting individuals and businesses and offering the ability to obtain and measure environmental indicators. Proliferation of these devices in a communicating-actuating network creates an Internet of Things (IoT). The IoT provides the tools to establish a major, global data-driven ecosystem that also enables Big Data techniques to be used. New business models may focus on the provision of services, i.e., the Internet of Services (IoS). These models assume the presence and development of the necessary IoT measurement and control instruments, communications infrastructure, and easy access to the data collected and information generated. Different business models may support opportunities to create revenue and value for various types of customers. This article contributes to the literature by considering, a first, knowledge-based management practices, business models, strategic implications and business opportunities for third-party data analysis services.

The IoT- and Big Data-Driven Data Analysis Services

2018 ◽  
Vol 14 (4) ◽  
pp. 88-107 ◽  
Author(s):  
Izabella V. Lokshina ◽  
Barbara J. Durkin ◽  
Cees Lanting
Keyword(s):  
Big Data ◽  
Data Analysis ◽  
Business Models ◽  
Environmental Indicators ◽  
Third Party ◽  
Data Driven ◽  
Easy Access ◽  
The Internet ◽  
Ubiquitous Sensing ◽  
Provision Of Services

Ubiquitous sensing devices, enabled by wireless sensor network (WSN) technologies, cut across every area of modern day living, affecting individuals and businesses and offering the ability to measure and understand environmental indicators. The proliferation of these devices in a communicating-actuating network creates the Internet of Things (IoT). The IoT provides the tools to establish a major global data-driven ecosystem with its emphasis on Big Data. Now business models may focus on the provision of services, i.e., the Internet of Services (IoS). These models assume the presence and development of the necessary IoT measurement and control instruments, communications infrastructure, and easy access to the data collected and information generated. Different business models may support potential opportunities to create revenue and value for various types of customers. This article contributes to the literature by considering, for the first time, business models, strategic implications and business opportunities for third-party data analysis services.

Data Analysis Services Related to the IoT and Big Data

Web Services ◽  
2019 ◽  
pp. 882-903
Author(s):  
Izabella V. Lokshina ◽  
Barbara J. Durkin ◽  
Cees J.M. Lanting
Keyword(s):  
Big Data ◽  
Data Analysis ◽  
Business Models ◽  
Third Party ◽  
Data Driven ◽  
Easy Access ◽  
Provision Of Services ◽  
And Control ◽  
Measurement And Control ◽  
The Internet Of Things

The Internet of Things (IoT) provides the tools for the development of a major, global data-driven ecosystem. When accessible to people and businesses, this information can make every area of life, including business, more data-driven. In this ecosystem, with its emphasis on Big Data, there has been a focus on building business models for the provision of services, the so-called Internet of Services (IoS). These models assume the existence and development of the necessary IoT measurement and control instruments, communications infrastructure, and easy access to the data collected and information generated by any party. Different business models may support opportunities that generate revenue and value for various types of customers. This paper contributes to the literature by considering business models and opportunities for third-party data analysis services and discusses access to information generated by third parties in relation to Big Data techniques and potential business opportunities.

Evaluation of Strategic Opportunities and Resulting Business Models for SMEs

2020 ◽  
pp. 148-186 ◽  
Author(s):  
Izabella V. Lokshina ◽  
Cees J. M. Lanting ◽  
Barbara Durkin
Keyword(s):  
Business Models ◽  
Management Practices ◽  
Environmental Indicators ◽  
Third Party ◽  
Easy Access ◽  
The Internet ◽  
Knowledge Based ◽  
Ubiquitous Sensing ◽  
Provision Of Services ◽  
And Control

This chapter focuses on ubiquitous sensing devices, enabled by Wireless Sensor Network (WSN) technologies, that cut across every area of modern day living, affecting individuals and businesses and offering the ability to measure and understand environmental indicators. The proliferation of these devices in a communicating-actuating network creates the internet of things (IoT). The IoT provides the tools to establish a major global data-driven ecosystem with its emphasis on Big Data. Currently, business models may focus on the provision of services, i.e., the internet of services (IoS). These models assume the presence and development of the necessary IoT measurement and control instruments, communications infrastructure, and easy access to the data collected and information generated. Different business models may support creating revenue and value for different types of customers. This chapter contributes to the literature by considering, innovatively, knowledge-based management practices, strategic opportunities and resulting business models for third-party data analysis services.

Data Analysis Services Related to the IoT and Big Data

2017 ◽  
Vol 9 (2) ◽  
pp. 37-56 ◽  
Author(s):  
Izabella V. Lokshina ◽  
Barbara J. Durkin ◽  
Cees J.M. Lanting
Keyword(s):  
Big Data ◽  
Data Analysis ◽  
Business Models ◽  
Third Party ◽  
Data Driven ◽  
Easy Access ◽  
Provision Of Services ◽  
And Control ◽  
Measurement And Control ◽  
The Internet Of Things

The Internet of Things (IoT) provides the tools for the development of a major, global data-driven ecosystem. When accessible to people and businesses, this information can make every area of life, including business, more data-driven. In this ecosystem, with its emphasis on Big Data, there has been a focus on building business models for the provision of services, the so-called Internet of Services (IoS). These models assume the existence and development of the necessary IoT measurement and control instruments, communications infrastructure, and easy access to the data collected and information generated by any party. Different business models may support opportunities that generate revenue and value for various types of customers. This paper contributes to the literature by considering business models and opportunities for third-party data analysis services and discusses access to information generated by third parties in relation to Big Data techniques and potential business opportunities.

Evaluation of Strategic Opportunities and Resulting Business Models for SMEs

2021 ◽  
pp. 689-718
Author(s):  
Izabella V. Lokshina ◽  
Cees J. M. Lanting ◽  
Barbara Durkin
Keyword(s):  
Business Models ◽  
Management Practices ◽  
Environmental Indicators ◽  
Third Party ◽  
Easy Access ◽  
The Internet ◽  
Knowledge Based ◽  
Ubiquitous Sensing ◽  
Provision Of Services ◽  
And Control

This chapter focuses on ubiquitous sensing devices, enabled by Wireless Sensor Network (WSN) technologies, that cut across every area of modern day living, affecting individuals and businesses and offering the ability to measure and understand environmental indicators. The proliferation of these devices in a communicating-actuating network creates the internet of things (IoT). The IoT provides the tools to establish a major global data-driven ecosystem with its emphasis on Big Data. Currently, business models may focus on the provision of services, i.e., the internet of services (IoS). These models assume the presence and development of the necessary IoT measurement and control instruments, communications infrastructure, and easy access to the data collected and information generated. Different business models may support creating revenue and value for different types of customers. This chapter contributes to the literature by considering, innovatively, knowledge-based management practices, strategic opportunities and resulting business models for third-party data analysis services.

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 IoT-Fog-Cloud system architecture for big data analysis and cybersecurity systems: a review of fog computing, the introduction to the Internet of Things audit

2020 ◽  
Author(s):  
D. R. Kolisnyk ◽  
◽  
K. S. Misevych ◽  
S. V. Kovalenko
Keyword(s):  
Big Data ◽  
Data Analysis ◽  
Internet Of Things ◽  
System Architecture ◽  
Fog Computing ◽  
Big Data Analysis ◽  
Future Research ◽  
The Internet ◽  
Security Issues ◽  
The Internet Of Things

The article considers the issues of system architecture IoT-Fog-Cloud, considers the interaction between the three levels of IoT, Fog and Cloud for the effective implementation of programs for big data analysis and cybersecurity. The article also discusses security issues, solutions and directions for future research in the field of the Internet of Things and nebulous computing.

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