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| business opportunities in iot: Edge Computing and Computational Intelligence Paradigms for the IoT Nagarajan, G., Minu, R.I., 2019-06-14 Edge computing is focused on devices and technologies that are attached to the internet of things (IoT). Identifying IoT use across a range of industries and measuring strategic values helps identify what technologies to pursue and can avoid wasted resources on deployments with limited values. Edge Computing and Computational Intelligence Paradigms for the IoT is a critical research book that provides a complete insight on the recent advancements and integration of intelligence in IoT. This book highlights various topics such as disaster prediction, governance, and healthcare. It is an excellent resource for researchers, working professionals, academicians, policymakers, and defense companies. |
| business opportunities in iot: The Internet of Things in the Modern Business Environment Lee, In, 2017-03-31 The industrial internet is a new and upcoming technology that is changing the practices of organizations and corporations everywhere. Through research and application, opportunities can arise from implementing these new systems and devices. The Internet of Things in the Modern Business Environment is an essential reference source for the latest scholarly research on varying aspects of the interworking of smart devices within a business setting and explores the impact of these devices on company operations and models. Featuring extensive coverage on a broad range of topics such as supply chain management, information sharing, and data analytics, this publication is ideally designed for researchers, managers, and students seeking current research on the expansion of technology in commerce. |
| business opportunities in iot: Emerging Trends and Applications of the Internet of Things Kocovic, Petar, Behringer, Reinhold, Ramachandran, Muthu, Mihajlovic, Radomir, 2017-03-16 The widespread availability of technologies has increased exponentially in recent years. This ubiquity has created more connectivity and seamless integration among technology devices. Emerging Trends and Applications of the Internet of Things is an essential reference publication featuring the latest scholarly research on the surge of connectivity between computing devices in modern society, as well as the benefits and challenges of this. Featuring extensive coverage on a broad range of topics such as cloud computing, spatial cognition, and ultrasonic sensing, this book is ideally designed for researchers, professionals, and academicians seeking current research on upcoming advances in the Internet of Things (IoT). |
| business opportunities in iot: Integrating New Technologies in International Business Gurinder Singh, Alka Maurya, Richa Goel, 2022-03-10 The international business sector has been completely revolutionized due to shifts in global economy, digitization, and the Internet. Integrating New Technologies in International Business: Opportunities and Challenges explores the rapid changes in technology that have affected businesses and social environments that are offering new challenges and opportunities for small to mid-size enterprises (SMEs) and start-ups. It highlights how businesses in emerging economies are implementing the new technological innovations to compete in the global market. The chapters in the volume provide valuable insight on many cutting-edge topics on new technology in the business environment and the new digital world, or Industry 4.0, including: Internet of Things (IoT) and customer relationship management Cross-cultural management Artificial intelligence Social media advertising Multichannel banking Digital payment technology Blockchain technology Augmented reality Eye-tracking analysis This book will be a valuable resource for business leaders and managers, industry professionals, business scholars, regulatory stakeholders, policymakers, faculty and students, and those who are interested in the current trends in the state of global digitization in industrial markets. The information provided here will help readers find the most appropriate approaches for taking advantage of these new technologies. |
| business opportunities in iot: Building the Internet of Things Maciej Kranz, 2016-11-09 Connect your organization to the Internet of Things with solid strategy and a proven implementation plan Building Internet of Things provides front-line business decision makers with a practical handbook for capitalizing on this latest transformation. Focusing on the business implications of Internet of Things (IoT), this book describes the sheer impact, spread, and opportunities arising every day, and how business leaders can implement IoT today to realize tangible business advantages. The discussion delves into IoT from a business, strategy and organizational standpoint, and includes use-cases that illustrate the ripple effect that this latest disruption brings; you'll learn how to fashion a viable IoT plan that works with your organization's strategy and direction, and how to implement that strategy successfully by integrating IoT into your organization tomorrow. For business managers, the biggest question surrounding the Internet of Things is what to do with it. This book examines the way IoT is being used today—and will be used in the future—to help you craft a robust plan for your organization. Grasp the depth and breadth of the Internet of Things Create a secure IoT recipe that aligns with your company's strategy Capitalize on advances while avoiding disruption from others Leverage the technical, organizational, and social impact of IoT In the past five years, the Internet of Things has become the new frontier of technology that has everyone talking. It seems that almost every week a major vendor announces a new IoT strategy or division; is your company missing the boat? Learn where IoT fits into your organization, and how to turn disruption into profit with the expert guidance in Building the Internet of Things. |
| business opportunities in iot: IoT Benefits and Growth Opportunities for the Telecom Industry Vincent Sabourin, Jordan Tito Jabo, 2022-07-12 This critical and forward-looking book features: An assessment of the impact of Internet of Things (IoT) on the telecom industry’s revenue streams IoT-based business models in the telecom industry A PESTLE (political, economic, socio-cultural, technological, legal, and environmental) analysis of the industry in relation to IoT Key technological drivers. It also features a case study of Bell Canada Enterprises (BCE) Inc., which highlights IoT-based business models in the industry. The study reveals that telecom operators have started implementing IoT projects, however, true revenue streams are yet to materialize. Ten IoT-based business models have been identified at BCE Inc. The book points out that operators do leverage existing infrastructure in terms of broadband fiber and mobile connectivity in part and resort to partnerships and acquisitions to acquire much-needed knowledge, technology, and smart devices. Concerning the effect of IoT on the telecoms’ revenue streams, it was revealed that new entrants, who are not necessarily in the telecom industry, have impacted the old players’ revenue streams. OTT services like YouTube, WhatsApp, IPTV, Netflix, are the biggest culprits. Seven key technological drivers for IoT have been identified and include widespread wireless connectivity, the availability and affordability of microcontrollers, sensors and actuators, the decreasing cost of bandwidth, the recent implementation of IPv6, and the ongoing development of 5G network, as well as the use of cloud computing and analytics. Finally, the PESTLE analysis of the industry shows that the lack of a comprehensive political and regulatory framework still slows down IoT deployment. Interoperability, security, and privacy concerns are other constraints. Conversely, general economic conditions in most developed and developing economies are favorable to the advancement of IoT technology. Governments are willing to subsidize R&D and have partnered with the private sector to speed up the roll-out process. |
| business opportunities in iot: Internet of Things and Businesses in a Disruptive Economy Ravindra Sharma (Professor of management), Rakesh Saini, Chandra Prakash (Professor of computer science), Vinod Prasad, 2021 The Internet of Things (IoT) opens the door for new business opportunities and helps companies benefit from new revenue streams developed by advanced business models and services. IoT-driven innovations build strong business cases, reduce marketing times and increase returns on investments. IoT has the potential to transform the way consumers and businesses approach the world by leveraging the scope of IoT beyond connectivity. Economies are constantly falling out in every industry, but to be truly disruptive, an economy must entirely transform a product or solution that was so complicated historically that only a few affluent people who carry certain skills had access to it. A disruptive economy is often a much simpler, low-grade solution that's more affordable and accessible to a large percentage of the population, thus opening it to an entirely fresh market. This often upturns established industries and overthrows existing market leaders. Internet of Things and Businesses in a Disruptive Economy provides insight on how the newly emerging IoT will provide unprecedented opportunities to permeate technology and automation into everything we do, while at the same time providing a huge playing field for businesses to develop state-of-the-art business models to capture market shares. This book covers business domains like human resource management, health care, agriculture, smart cities projects, smart manufacturing, smart education, cloud computing, and IoT securities issues. Readers will gain a broad understanding of IoT wherever IoT is applicable, as well as the role IoT plays in transforming business processes and ensuring sustainable growth in the disruptive economic environment. Readers will be able to use IoT to tackle real-world problems ranging from those in the manufacturing sector, human resource management, health care, agriculture, surveillances systems, cloud computing and smart cities and various other domains of business. |
| business opportunities in iot: Emerging Business Opportunities Balamurugan KGS, 2018-10-04 • Aspiring Entrepreneurs sorting for business ideas • Business owners looking forward to deploy latest technology in their business process to scale up revenues • Those in job/students who wants to prepare themselves to take up entrepreneurship in future and get future ready. Technology is moving forward at a rapid pace and we have been coming up with new inventions and discoveries almost every single day. And more the ideas we come up with, more the doors it opens to the world of entrepreneurship. Start-ups are fast emerging everywhere across the globe and we are getting to see more and more people venture into this exciting journey. Some of them already have jobs and want to have a fresh start while for some, this will be a first try. The good part is that there is still enough space and supportive eco-system for anyone who wants to join in and make a difference to the business world. This book is a starter guide for anyone who wants to try their hand at entrepreneurship. The author has written this book based on his own life experiences and has spoken about Emerging Business opportunities in five trending topics based on which one could initiate a start up and also discuss about modern entrepreneurial mind-sets and business strategies required to survive and thrive in today’s dynamic environment. The contents in this book are based on years of experience, research, current trends and future prospects. This is a must read for any aspiring entrepreneur who is dealing with that initial set of jitters, fear and lack of confidence. |
| business opportunities in iot: Knowledge Management, Innovation, and Entrepreneurship in a Changing World Jennex, Murray Eugene, 2020-03-27 In today’s world of business, gaining an advantage of competitors is a focal point for organizations and a driving force in the economy. New practices are being studied and implemented constantly by rivaling companies. Many industries have begun putting emphasis on intensive knowledge practices, with the belief that implementing cutting-edge learning practices will fuel research and innovation within the company. Understanding this dynamic method of management is critical for managers and executives who wish to propel the success of their organizations. Knowledge Management, Innovation, and Entrepreneurship in a Changing World is a collection of pioneering research on the methods of gaining organizational advantages based on knowledge innovation and management. While highlighting topics including human-robot teaming, organizational learning, and e-collaboration, this book will explore the sustainable links between knowledge management influences and organizational capability. This book is ideally designed for managers, strategists, economists, policymakers, entrepreneurs, business professionals, researchers, students, and academics seeking research on recent trends in innovative economics and business technologies. |
| business opportunities in iot: Business Model Generation Alexander Osterwalder, Yves Pigneur, 2013-02-01 Business Model Generation is a handbook for visionaries, game changers, and challengers striving to defy outmoded business models and design tomorrow's enterprises. If your organization needs to adapt to harsh new realities, but you don't yet have a strategy that will get you out in front of your competitors, you need Business Model Generation. Co-created by 470 Business Model Canvas practitioners from 45 countries, the book features a beautiful, highly visual, 4-color design that takes powerful strategic ideas and tools, and makes them easy to implement in your organization. It explains the most common Business Model patterns, based on concepts from leading business thinkers, and helps you reinterpret them for your own context. You will learn how to systematically understand, design, and implement a game-changing business model--or analyze and renovate an old one. Along the way, you'll understand at a much deeper level your customers, distribution channels, partners, revenue streams, costs, and your core value proposition. Business Model Generation features practical innovation techniques used today by leading consultants and companies worldwide, including 3M, Ericsson, Capgemini, Deloitte, and others. Designed for doers, it is for those ready to abandon outmoded thinking and embrace new models of value creation: for executives, consultants, entrepreneurs, and leaders of all organizations. If you're ready to change the rules, you belong to the business model generation! |
| business opportunities in iot: Global Opportunities for Entrepreneurial Growth Stavros Sindakis, Panagiotis Theodorou, 2017-12-07 This book investigates, compares, and contrasts the theoretical and practical elements of business concepts and models that are acclimated to the dynamic changes of our modern era. Furthermore, it describes and analyzes the current cooperative interactions among firms, and evaluates the contribution of knowledge dynamics in coopetition. |
| business opportunities in iot: Enterprise IoT Dirk Slama, Frank Puhlmann, Jim Morrish, Rishi M Bhatnagar, 2015-10-29 Current hype aside, the Internet of Things will ultimately become as fundamental as the Internet itself, with lots of opportunities and trials along the way. To help you navigate these choppy waters, this practical guide introduces a dedicated methodology for businesses preparing to transition towards IoT-based business models. With a set of best practices based on case study analysis, expert interviews, and the authors’ own experience, the Ignite | IoT Methodology outlined in this book delivers actionable guidelines to assist you with IoT strategy management and project execution. You’ll also find a detailed case study of a project fully developed with this methodology. This book consists of three parts: Illustrative case studies of selected IoT domains, including smart energy, connected vehicles, manufacturing and supply chain management, and smart cities The Ignite | IoT Methodology for defining IoT strategy, preparing your organization for IoT adoption, and planning and executing IoT projects A detailed case study of the IIC Track & Trace testbed, one of the first projects to be fully developed according to the Ignite | IoT Methodology |
| business opportunities in iot: Digital Entrepreneurship Mariusz Soltanifar, Mathew Hughes, Lutz Göcke, 2020-11-13 This open access book explores the global challenges and experiences related to digital entrepreneurial activities, using carefully selected examples from leading companies and economies that shape world business today and tomorrow. Digital entrepreneurship and the companies steering it have an enormous global impact; they promise to transform the business world and change the way we communicate with each other. These companies use digitalization and artificial intelligence to enhance the quality of decisions and augment their business and customer operations. This book demonstrates how cloud services are continuing to evolve; how cryptocurrencies are traded in the banking industry; how platforms are created to commercialize business, and how, taken together, these developments provide new opportunities in the digitalized era. Further, it discusses a wide range of digital factors changing the way businesses operate, including artificial intelligence, chatbots, voice search, augmented and virtual reality, as well as cyber threats and data privacy management. “Digitalization mirrors the Industrial Revolution’s impact. This book provides a complement of perspectives on the opportunities emanating from such a deep seated change in our economy. It is a comprehensive collection of thought leadership mapped into a very useful framework. Scholars, digital entrepreneurs and practitioners will benefit from this timely work.” Gina O’Connor, Professor of Innovation Management at Babson College, USA “This book defines and delineates the requirements for companies to enable their businesses to succeed in a post-COVID19 world. This book deftly examines how to accomplish and achieve digital entrepreneurship by leveraging cloud computing, AI, IoT and other critical technologies. This is truly a unique “must-read” book because it goes beyond theory and provides practical examples.” Charlie Isaacs, CTO of Customer Connection at Salesforce.com, USA This book provides digital entrepreneurs useful guidance identifying, validating and building their venture. The international authors developed new perspectives on digital entrepreneurship that can support to create impact ventures.” Felix Staeritz, CEO FoundersLane, Member of the World Economic Forum Digital Leaders Board and bestselling author of FightBack, Germany |
| business opportunities in iot: Internet of Things in Business Transformation Parul Gandhi, Surbhi Bhatia, Abhishek Kumar, Mohammad Ali Alojail, Pramod Singh Rathore, 2021-02-03 The objective of this book is to teach what IoT is, how it works, and how it can be successfully utilized in business. This book helps to develop and implement a powerful IoT strategy for business transformation as well as project execution. Digital change, business creation/change and upgrades in the ways and manners in which we work, live, and engage with our clients and customers, are all enveloped by the Internet of Things which is now named Industry 5.0 or Industrial Internet of Things. The sheer number of IoT(a billion+), demonstrates the advent of an advanced business society led by sustainable robotics and business intelligence. This book will be an indispensable asset in helping businesses to understand the new technology and thrive. |
| business opportunities in iot: Smart Marketing With the Internet of Things Simões, Dora, Barbosa, Belem, Filipe, Sandra, 2018-07-20 The internet of things (IoT) enhances customer experience, increases the amount of data gained through connected devices, and widens the scope of analytics. This provides a range of exciting marketing possibilities such as selling existing products and services more effectively, delivering truly personalized customer experiences, and potentially creating new products and services. Smart Marketing With the Internet of Things is an essential reference source that discusses the use of the internet of things in marketing, as well as its importance in enhancing the customer experience. Featuring research on topics such as augmented reality, sensor networks, and wearable technology, this book is ideally designed for business professionals, marketing managers, marketing strategists, academicians, researchers, and graduate-level students seeking coverage on the use of IoT in enhancing customer marketing outcomes. |
| business opportunities in iot: Internet of Things Subhas Chandra Mukhopadhyay, 2014-01-25 Advancement in sensor technology, smart instrumentation, wireless sensor networks, miniaturization, RFID and information processing is helping towards the realization of Internet of Things (IoT). IoTs are finding applications in various area applications including environmental monitoring, intelligent buildings, smart grids and so on. This book provides design challenges of IoT, theory, various protocols, implementation issues and a few case study. The book will be very useful for postgraduate students and researchers to know from basics to implementation of IoT. |
| business opportunities in iot: The Future is Smart W. David Stephenson, 2018-08-07 Are you ready for the IoT revolution? The Internet of Things (IoT) will soon be everywhere—embedded in interconnected devices we’ll use every day, and this book documents the shifts now under way. Cars, appliances, and wearables already transmit real-time data to improve performance, and new IoT products can even save your life. Consumer goods are just the tip of the iceberg. Amid projections that 30 billion smart devices will be linked soon, traditional companies such as Siemens, GE, and John Deere are preparing for profound changes to management, strategy, manufacturing, and maintenance. With the IoT, for example, sensors warn when a critical assembly-line part is about to break, or track how customers actually use products. Data hubs collect and share information instantly with departments, supply chains, partners, and customers— anchoring the organization and replacing hierarchies with circular systems. Written by a leading IoT strategist, The Future is Smart explains how companies are tapping technology to: Optimize supply chains Maximize quality Boost safety Increase efficiency Reduce waste Cut costs Revolutionize product design Delight customers For those who are ready, the opportunities are endless. This big-think book reveals concrete actions for thriving in this new tech-enabled world. |
| business opportunities in iot: IoT Protocols and Applications for Improving Industry, Environment, and Society Cristian González García, Vicente García Díaz, 2021 This book studies how daily life operates using many objects with Internet connections such as smartphones, tablets, Smart TVs, micro-controllers, Smart Tags, computers, laptops, cars, cheaper sensors, and more, commonly referred to as the Internet of Things. To accommodate this new connected structure, readers will learn how improved wireless strategies drive the need for a better IoT network-- |
| business opportunities in iot: Handbook of Research on IoT, Digital Transformation, and the Future of Global Marketing El-Gohary, Hatem, Edwards, David, Ben Mimoun, Mohamed Slim, 2021-06-25 The business world today is changing enormously due to many factors that affect every element of the business cycle worldwide. From globalization to recession, in addition to other environmental forces, companies today face numerous challenges that have a great impact on business. Among the factors that are affecting the current way business is conducted are the emergence of marketing tools including the internet, internet of things (IoT), virtual reality, mobile applications, social media, electronic word of mouth (eWoM), artificial intelligence, digital marketing, and more that have a great impact not only on customers but also on companies. It is imperative for businesses to embrace the utilization of these tools in order to expand their customer base and provide unique, successful consumer experiences. The Handbook of Research on IoT, Digital Transformation, and the Future of Global Marketing provides comprehensive coverage of current global marketing trends related to the use of technology. The book links the industry with academia by providing useful insights on how to improve businesses’ ability to create and customize customer value and loyalty. Covering topics including e-commerce, mobile marketing, website development, and phygital customer experiences, this book is essential for marketers, brand managers, advertisers, IT consultants and specialists, customer relations officers, managers, practitioners, business owners, marketing and business associations, students, researchers, and academicians interested in incorporating the latest technologies and marketing strategies into their businesses and studies. |
| business opportunities in iot: Internet of Things (IoT) A Quick Start Guide Chitra Lele, 2022-02-23 Explore IoT Architecture, Design, and its Implementation KEY FEATURES ● Comprehensive overview of frameworks, protocols, networks, security, and privacy of IoT. ● Covers innovative IoT use cases and industry-wide application areas. ● Includes case studies to demonstrate IoT principles and practices. DESCRIPTION Internet of Things (IoT) A Quick Start Guide explains the architecture, design, and implementation of IoT. The book charts a path where none exists and introduces readers to the ethical and responsible development of IoT solutions. The book begins with the history of IoT, followed by chapters on architectures, networks, and protocols in both software and hardware. The book reveals the next level of IoT framework knowledge, such as ThingWorx and Salesforce Thunder. This book places equal emphasis on a wide range of security and privacy aspects, including Zero Trust Approaches, Forensics, Access Control Lists, and Public Key Infrastructure. Wearables, Industry 4.0, Workplace Analytics, and Product Asset Management are just a few of the applications and use cases that are discussed. Transformative trends such as Augmented Analytics, AR/VR, Digital Twins, and many more are also discussed in the book. After reading this book, readers will get a broad spectrum of knowledge of IoT. They will be able to put the guidance shared to use. WHAT YOU WILL LEARN ● Access to a variety of IoT application areas with compelling use cases. ● Opportunity to experiment with frameworks, tools, and platforms for various IoT assignments. ● Acquire conceptual knowledge about IoT architecture, protocols, and networks. ● Take a look at integrating IoT procedures, software, and hardware. ● Investigate how to develop a data management strategy when implementing IoT. ● Understand the policies governing IoT security, privacy, and interoperability. WHO THIS BOOK IS FOR This book is intended for IT graduates, computer engineers, and industry experts who wish to learn IoT principles, techniques, and protocols to successfully create and deploy safe and secure IoT systems. One does not need prior knowledge of IoT or programming to read this book. TABLE OF CONTENTS 1. IoT: The Basic Dynamics 2. IoT—Nuts and Bolts of the Architecture 3. Data Management Strategy 4. IoT Security, Privacy and Interoperability: What, Why, How, and What Next 5. Applications and Use Cases 6. Current and Future Trends |
| business opportunities in iot: Social, Legal, and Ethical Implications of IoT, Cloud, and Edge Computing Technologies Cornetta, Gianluca, Touhafi, Abdellah, Muntean, Gabriel-Miro, 2020-06-26 The adoption of cloud and IoT technologies in both the industrial and academic communities has enabled the discovery of numerous applications and ignited countless new research opportunities. With numerous professional markets benefiting from these advancements, it is easy to forget the non-technical issues that accompany technologies like these. Despite the advantages that these systems bring, significant ethical questions and regulatory issues have become prominent areas of discussion. Social, Legal, and Ethical Implications of IoT, Cloud, and Edge Computing Technologies is a pivotal reference source that provides vital research on the non-technical repercussions of IoT technology adoption. While highlighting topics such as smart cities, environmental monitoring, and data privacy, this publication explores the regulatory and ethical risks that stem from computing technologies. This book is ideally designed for researchers, engineers, practitioners, students, academicians, developers, policymakers, scientists, and educators seeking current research on the sociological impact of cloud and IoT technologies. |
| business opportunities in iot: Building Blocks for IoT Analytics Internet-of-Things Analytics John Soldatos, 2022-09-01 Internet-of-Things (IoT) Analytics are an integral element of most IoT applications, as it provides the means to extract knowledge, drive actuation services and optimize decision making. IoT analytics will be a major contributor to IoT business value in the coming years, as it will enable organizations to process and fully leverage large amounts of IoT data, which are nowadays largely underutilized. The Building Blocks of IoT Analytics is devoted to the presentation the main technology building blocks that comprise advanced IoT analytics systems. It introduces IoT analytics as a special case of BigData analytics and accordingly presents leading edge technologies that can be deployed in order to successfully confront the main challenges of IoT analytics applications. Special emphasis is paid in the presentation of technologies for IoT streaming and semantic interoperability across diverse IoT streams. Furthermore, the role of cloud computing and BigData technologies in IoT analytics are presented, along with practical tools for implementing, deploying and operating non-trivial IoT applications. Along with the main building blocks of IoT analytics systems and applications, the book presents a series of practical applications, which illustrate the use of these technologies in the scope of pragmatic applications. Technical topics discussed in the book include: Cloud Computing and BigData for IoT analyticsSearching the Internet of ThingsDevelopment Tools for IoT Analytics ApplicationsIoT Analytics-as-a-ServiceSemantic Modelling and Reasoning for IoT AnalyticsIoT analytics for Smart BuildingsIoT analytics for Smart CitiesOperationalization of IoT analyticsEthical aspects of IoT analyticsThis book contains both research oriented and applied articles on IoT analytics, including several articles reflecting work undertaken in the scope of recent European Commission funded projects in the scope of the FP7 and H2020 programmes. These articles present results of these projects on IoT analytics platforms and applications. Even though several articles have been contributed by different authors, they are structured in a well thought order that facilitates the reader either to follow the evolution of the book or to focus on specific topics depending on his/her background and interest in IoT and IoT analytics technologies. The compilation of these articles in this edited volume has been largely motivated by the close collaboration of the co-authors in the scope of working groups and IoT events organized by the Internet-of-Things Research Cluster (IERC), which is currently a part of EU's Alliance for Internet of Things Innovation (AIOTI). |
| business opportunities in iot: 5G Mobile Communications Saad Asif, 2018-07-20 This book will help readers comprehend technical and policy elements of telecommunication particularly in the context of 5G. It first presents an overview of the current research and standardization practices and lays down the global frequency spectrum allocation process. It further lists solutions to accommodate 5G spectrum requirements. The readers will find a considerable amount of information on 4G (LTE-Advanced), LTE-Advance Pro, 5G NR (New Radio); transport network technologies, 5G NGC (Next Generation Core), OSS (Operations Support Systems), network deployment and end-to-end 5G network architecture. Some details on multiple network elements (end products) such as 5G base station/small cells and the role of semiconductors in telecommunication are also provided. Keeping trends in mind, service delivery mechanisms along with state-of-the-art services such as MFS (mobile financial services), mHealth (mobile health) and IoT (Internet-of-Things) are covered at length. At the end, telecom sector’s burning challenges and best practices are explained which may be looked into for today’s and tomorrow’s networks. The book concludes with certain high level suggestions for the growth of telecommunication, particularly on the importance of basic research, departure from ten-year evolution cycle and having a 20–30 year plan. Explains the conceivable six phases of mobile telecommunication’s ecosystem that includes R&D, standardization, product/network/device & application development, and burning challenges and best practices Provides an overview of research and standardization on 5G Discusses solutions to address 5G spectrum requirements while describing the global frequency spectrum allocation process Presents various case studies and policies Provides details on multiple network elements and the role of semiconductors in telecommunication Presents service delivery mechanisms with special focus on IoT |
| business opportunities in iot: Collaborative Internet of Things (C-IoT) Fawzi Behmann, Kwok Wu, 2015-06-22 This book provides a simplified visionary approach about the future direction of IoT, addressing its wide-scale adoption in many markets, its interception with advanced technology, the explosive growth in data, and the emergence of data analytics. IoT business applications span multiple vertical markets. The objective is to inspire creative thinking and collaboration among startups and entrepreneurs which will breed innovation and deliver IoT solutions that will positively impact us by making business processes more efficient, and improving our quality of life. With increasing proliferation of smart-phones and social media, data generated by user wearable/mobile devices continue to be key sources of information about us and the markets around us. Better insights will be gained through cognitive computation coupled with business intelligence and visual analytics that are GIS-based. |
| business opportunities in iot: Metaverse and Immersive Technologies Chandrashekhar A, Shaik Himam Saheb, Sandeep Kumar Panda, S. Balamurugan, Sheng-Lung Peng, 2023-11-07 METAVERSE AND IMMERSIVE TECHNOLOGIES The book covers the multidimensional perspectives of the metaverse through the prism of virtual reality, augmented reality, blockchain, artificial intelligence, and IoT, ranging from rudimentary to advanced applications. This book provides a thorough explanation of how the technology behind metaverse and other virtual reality technologies are changing the world. The primary objective is to present the revolutionary innovation of the 21st century—the metaverse—and exhibit its wide range of applications in different domains. Although blockchain and VR/AR were the first popularly known applications of the metaverse, several other applications also exist. While some still believe the metaverse is overhyped, in reality, it is transforming almost every industry—healthcare, 3D, 4D, industry, game industry, business management, artificial intelligence, and IoT, just to name a few. This technological breakthrough not only paved the way for virtual reality but also provided useful solutions for other areas of technology. The unique nature of the technology, which is a single, shared, immersive, persistent, 3D virtual space where humans experience life in ways not possible in the physical world, makes it suitable for all real-world applications; it has great potential to transform business, and companies are already in the race for different product offerings. Audience AI and computer science researchers, engineers and graduate students, IT personnel in business as well as entrepreneurs and policymakers. |
| business opportunities in iot: IoT Inc.: How Your Company Can Use the Internet of Things to Win in the Outcome Economy Bruce Sinclair, 2017-06-02 Grab the top spot in your industry by seizing the power of IoT Smart products are everywhere. They’re in our companies, in our homes, in our pockets. People love these products. But what they love more is what these products do—and for anyone running a business today, outcomes are the key. The Internet of Things (IoT) is the point of connection between products and the results they deliver—it’s where products become software. IoT Inc. explains everything you need to know to position your company within this powerful new network. And once you do, you’ll leave the competition in the dust. Founder and president of today’s leading IoT business consulting firm, Bruce Sinclair has been helping companies develop IoT strategies for a decade—far longer than the term has even existed. This essential guide provides an in-depth look into IoT—how it works and how it is transforming business; methods for seeing your own business, customers, and competitors through the lens of IoT, and a deep dive into how to develop and implement a powerful IoT strategy. IoT isn’t a new business trend. It’s the new way of business. Period. The IoT wave is heading for your industry. You can either meet it head-on, and ride it to success, or you can turn your back and let it swamp you. This is your playbook for transforming your company into a major player in the IoT Outcome economy. |
| business opportunities in iot: Blockchain Applications in IoT Security Patel, Harshita, Thakur, Ghanshyam Singh, 2020-09-18 Like many other scientific innovations, scientists are looking to protect the internet of things (IoT) from unfortunate losses, theft, or misuse. As one of the current hot trends in the digital world, blockchain technology could be the solution for securing the IoT. Blockchain Applications in IoT Security presents research for understanding IoT-generated data security issues, existing security facilities and their limitations and future possibilities, and the role of blockchain technology. Featuring coverage on a broad range of topics such as cryptocurrency, remote monitoring, and smart computing, this book is ideally designed for security analysts, IT specialists, entrepreneurs, business professionals, academicians, researchers, students, and industry professionals seeking current studies on the limitations and possibilities behind competitive blockchain technologies. |
| business opportunities in iot: The Inversion Factor Linda Bernardi, Sanjay E. Sarma, Kenneth Traub, 2018-09-11 Why companies need to move away from a “product first” orientation to pursuing innovation based on customer need. In the past, companies found success with a product-first orientation; they made a thing that did a thing. The Inversion Factor explains why the companies of today and tomorrow will have to abandon the product-first orientation. Rather than asking “How do the products we make meet customer needs?” companies should ask “How can technology help us reimagine and fill a need?” Zipcar, for example, instead of developing another vehicle for moving people from point A to point B, reimagined how people interacted with vehicles. Zipcar inverted the traditional car company mission. The authors explain how the introduction of “smart” objects connected by the Internet of Things signals fundamental changes for business. The IoT, where real and digital coexist, is powering new ways to meet human needs. Companies that know this include giants like Amazon, Airbnb, Uber, Google, Tesla, and Apple, as well as less famous companies like Tile, Visenti, and Augury. The Inversion Factor offers a roadmap for businesses that want to follow in their footsteps. The authors chart the evolution of three IoTs—the Internet of Things (devices connected to the Internet), the Intelligence of Things (devices that host software applications), and the Innovation of Things (devices that become experiences). Finally, they offer a blueprint for businesses making the transition to inversion and interviews with leaders of major companies and game-changing startups. |
| business opportunities in iot: Harnessing AI, Machine Learning, and IoT for Intelligent Business Allam Hamdan, |
| business opportunities in iot: Research Anthology on Convergence of Blockchain, Internet of Things, and Security Management Association, Information Resources, 2022-07-08 The rise of technology has proven to be a threat to personal data, cyberspace protection, and organizational security. However, these technologies can be used to enhance the effectiveness of institutional security. Through the use of blockchain and the internet of things (IoT), organizations may combat cybercriminals and better protect their privacy. The Research Anthology on Convergence of Blockchain, Internet of Things, and Security describes the implementation of blockchain and IoT technologies to better protect personal and organizational data as well as enhance overall security. It also explains the tools, applications, and emerging innovations in security and the ways in which they are enhanced by blockchain and IoT. Covering topics such as electronic health records, intrusion detection, and software engineering, this major reference work is an essential resource for business leaders and executives, IT managers, computer scientists, hospital administrators, security professionals, law enforcement, students and faculty of higher education, librarians, researchers, and academicians. |
| business opportunities in iot: Internet of Things Vlasios Tsiatsis, Stamatis Karnouskos, Jan Holler, David Boyle, Catherine Mulligan, 2018-11-16 Internet of Things: Technologies and Applications for a New Age of Intelligence outlines the background and overall vision for the Internet of Things (IoT) and Cyber-Physical Systems (CPS), as well as associated emerging technologies. Key technologies are described including device communication and interactions, connectivity of devices to cloud-based infrastructures, distributed and edge computing, data collection, and methods to derive information and knowledge from connected devices and systems using artificial intelligence and machine learning. Also included are system architectures and ways to integrate these with enterprise architectures, and considerations on potential business impacts and regulatory requirements. New to this edition: • Updated material on current market situation and outlook.• A description of the latest developments of standards, alliances, and consortia. More specifically the creation of the Industrial Internet Consortium (IIC) and its architecture and reference documents, the creation of the Reference Architectural Model for Industrie 4.0 (RAMI 4.0), the exponential growth of the number of working groups in the Internet Engineering Task Force (IETF), the transformation of the Open Mobile Alliance (OMA) to OMA SpecWorks and the introduction of OMA LightweightM2M device management and service enablement protocol, the initial steps in the specification of the architecture of Web of Things (WoT) by World Wide Consortium (W3C), the GS1 architecture and standards, the transformation of ETSI-M2M to oneM2M, and a few key facts about the Open Connectivity Forum (OCF), IEEE, IEC/ISO, AIOTI, and NIST CPS.• The emergence of new technologies such as distributed ledgers, distributed cloud and edge computing, and the use of machine learning and artificial intelligence for IoT.• A chapter on security, outlining the basic principles for secure IoT installations.• New use case description material on Logistics, Autonomous Vehicles, and Systems of CPS - Standards organizations covered: IEEE, 3GPP, IETF, IEC/ISO, Industrial Internet Consortium (IIC), ITU-T, GS1, Open Geospatial Consortium (OGC), Open Mobile Alliance (OMA, e.g. LightweightM2M), Object Management Group (OMG, e.g. Business Process Modelling Notation (BPMN)), oneM2M, Open Connectivity Forum (OCF), W3C - Key technologies for IoT covered: Embedded systems hardware and software, devices and gateways, capillary networks, local and wide area networking, IoT data management and data warehousing, data analytics and big data, complex event processing and stream analytics, control systems, machine learning and artificial intelligence, distributed cloud and edge computing, and business process and enterprise integration - In-depth security solutions for IoT systems - Technical explanations combined with design features of IoT and use cases, which help the development of real-world solutions - Detailed descriptions of the architectures and technologies that form the basis of IoT - Clear examples of IoT use cases from real-world implementations such as Smart Grid, Smart Buildings, Smart Cities, Logistics and Participatory Sensing, Industrial Automation, and Systems of CPS - Market perspectives, IoT evolution, and future outlook |
| business opportunities in iot: Identity Management for Internet of Things Parikshit N. Mahalle, Poonam N. Railkar, 2022-09-01 The Internet of Things is a wide-reaching network of devices, and these devices can intercommunicate and collaborate with each other to produce variety of services at any time, any place, and in any way. Maintaining access control, authentication and managing the identity of devices while they interact with other devices, services and people is an important challenge for identity management. The identity management presents significant challenges in the current Internet communication. These challenges are exacerbated in the internet of things by the unbound number of devices and expected limitations in constrained resources. Current identity management solutions are mainly concerned with identities that are used by end users, and services to identify themselves in the networked world. However, these identity management solutions are designed by considering that significant resources are available and applicability of these identity management solutions to the resource constrained internet of things needs a thorough analysis. Technical topics discussed in the book include:• Internet of Things;• Identity Management;• Identity models in Internet of Things;• Identity management and trust in the Internet of Things context;• Authentication and access control;Identitymanagement for Internet of Things contributes to the area of identity management for ubiquitous devices in the Internet of Things. It initially presents the motivational factors together with the identity management problems in the context of Internet of Things and proposes an identity management framework. Following this, it refers to the major challenges for Identitymanagement and presents different identity management models. This book also presents relationship between identity and trust, different approaches for trust management, authentication and access control. |
| business opportunities in iot: Business Models for Renewable Energy Initiatives: Emerging Research and Opportunities Tantau, Adrian, Staiger, Robert, 2017-07-13 The burning of fossil fuels and emission of greenhouse gasses critically impacts the global environment. By utilizing better techniques and process, businesses can aid in the journey to an economic, sustainable, and environmentally-friendly future for generations to come. Business Models for Renewable Energy Initiatives: Emerging Research and Opportunities is an essential reference source for the latest scholarly perspectives on present and future business models in the renewable energy sector. Featuring coverage on a range of perspectives and topics such as techno-economics, decentralized power systems, and risk assessment, this book is designed for academicians, students, and researchers seeking current scholarly research on green business opportunities for renewable energy. |
| business opportunities in iot: Disruptive Technology: Concepts, Methodologies, Tools, and Applications Management Association, Information Resources, 2019-07-05 The proliferation of entrepreneurship, technological and business innovations, emerging social trends and lifestyles, employment patterns, and other developments in the global context involve creative destruction that transcends geographic and political boundaries and economic sectors and industries. This creates a need for an interdisciplinary exploration of disruptive technologies, their impacts, and their implications for various stakeholders widely ranging from government agencies to major corporations to consumer groups and individuals. Disruptive Technology: Concepts, Methodologies, Tools, and Applications is a vital reference source that examines innovation, imitation, and creative destruction as critical factors and agents of socio-economic growth and progress in the context of emerging challenges and opportunities for business development and strategic advantage. Highlighting a range of topics such as IT innovation, business strategy, and sustainability, this multi-volume book is ideally designed for entrepreneurs, business executives, business professionals, academicians, and researchers interested in strategic decision making using innovations and competitiveness. |
| business opportunities in iot: Software Engineering in IoT, Big Data, Cloud and Mobile Computing Haengkon Kim, Roger Lee, 2020-12-26 This edited book presents scientific results of the International Semi-Virtual Workshop on Software Engineering in IoT, Big data, Cloud and Mobile Computing (SE-ICBM 2020) which was held on October 15, 2020, at Soongsil University, Seoul, Korea. The aim of this workshop was to bring together researchers and scientists, businessmen and entrepreneurs, teachers, engineers, computer users, and students to discuss the numerous fields of computer science and to share their experiences and exchange new ideas and information in a meaningful way. Research results about all aspects (theory, applications and tools) of computer and information science, and to discuss the practical challenges encountered along the way and the solutions adopted to solve them. The workshop organizers selected the best papers from those papers accepted for presentation at the workshop. The papers were chosen based on review scores submitted by members of the program committee and underwent further rigorous rounds of review. From this second round of review, 17 of the conference’s most promising papers are then published in this Springer (SCI) book and not the conference proceedings. We impatiently await the important contributions that we know these authors will bring to the field of computer and information science. |
| business opportunities in iot: Web Services: Concepts, Methodologies, Tools, and Applications Management Association, Information Resources, 2018-12-07 Web service technologies are redefining the way that large and small companies are doing business and exchanging information. Due to the critical need for furthering automation, engagement, and efficiency, systems and workflows are becoming increasingly more web-based. Web Services: Concepts, Methodologies, Tools, and Applications is an innovative reference source that examines relevant theoretical frameworks, current practice guidelines, industry standards and standardization, and the latest empirical research findings in web services. Highlighting a range of topics such as cloud computing, quality of service, and semantic web, this multi-volume book is designed for computer engineers, IT specialists, software designers, professionals, researchers, and upper-level students interested in web services architecture, frameworks, and security. |
| business opportunities in iot: Machine Learning Empowered: Exploring IoT Applications Dr. Ajay N.Upadhyaya, Mr.Pulicherla Siva Prasad, Dr.T.Sampradeepraj, Dr.V.Anusuya Devi, 2024-05-16 Dr. Ajay N.Upadhyaya, Associate Professor, Department of Computer Engineering, SAL Engineering & Technical Institute, SAL Education, Near Science City, Ahmedabad, Gujarat, India. Mr.Pulicherla Siva Prasad, Assistant Professor, Department of Computer Science Engineering, R.V.R. & J.C College of Engineering, Guntur, Andhra Pradesh, India. Dr.T.Sampradeepraj, Associate Professor, Department of Computer Science Engineering, Kalasalingam Academy of Research and Education, Krishnankoil, Srivilliputhur, Virudhunagar, Tamil Nadu, India. Dr.V.Anusuya Devi, Associate Professor, Department of Computer Science and Engineering, Kalasalingam Academy of Research and Education, Krishnankoil, Srivilliputhur, Virudhunagar, Tamil Nadu, India. |
| business opportunities in iot: MACHINE LEARNING WITH IOT Prof. Ankur J. Goswami, Prof. Rupal R. Chaudhari, Prof. Govind V. Patel, Prof. Jayesh M. Mevada, 2024-05-05 Prof. Ankur J. Goswami, Assistant Professor, Department of Computer Engineering, Sankalchand Patel College of Engineering, Visnagar, Gujarat, India. Prof. Rupal R. Chaudhari, Assistant Professor, Department of Computer Engineering, Sankalchand Patel College of Engineering, Visnagar, Gujarat, India. Prof. Govind V. Patel, Assistant Professor, Department of Information Technology, Sankalchand Patel College of Engineering, Visnagar, Gujarat, India. Prof. Jayesh M. Mevada, Assistant Professor, Department of Computer Engineering, Sankalchand Patel College of Engineering, Visnagar, Gujarat, India. |
| business opportunities in iot: Seeing What's Next Clayton M. Christensen, Scott D. Anthony, Erik A. Roth, 2004-09-07 Every day, individuals take action based on how they believe innovation will change industries. Yet these beliefs are largely based on guesswork and incomplete data and lead to costly errors in judgment. Now, internationally renowned innovation expert Clayton M. Christensen and his research partners Scott D. Anthony and Erik A. Roth present a groundbreaking framework for predicting outcomes in the evolution of any industry. Based on proven theories outlined in Christensen's landmark books The Innovator's Dilemma and The Innovator's Solution, Seeing What's Next offers a practical, three-part model that helps decision-makers spot the signals of industry change, determine the outcome of competitive battles, and assess whether a firm's actions will ensure or threaten future success. Through in-depth case studies of industries from aviation to health care, the authors illustrate the predictive power of innovation theory in action. |
| business opportunities in iot: Sustainable Business: Concepts, Methodologies, Tools, and Applications Management Association, Information Resources, 2019-08-02 In the increasingly competitive corporate sector, businesses must examine their current practices to ensure business success. By examining their social, financial, and environmental risks, obligations, and opportunities, businesses can re-design their operations more effectively to ensure prosperity. Sustainable Business: Concepts, Methodologies, Tools, and Applications is a vital reference source that explores the best practices that promote business sustainability, including examining how economic, social, and environmental aspects are related to each other in the company’s management and performance. Highlighting a range of topics such as lean manufacturing, sustainable business model innovation, and ethical consumerism, this multi-volume book is ideally designed for entrepreneurs, business executives, business professionals, managers, and academics seeking current research on sustainable business practices. |
BUSINESS | English meaning - Cambridge Dictionary
BUSINESS definition: 1. the activity of buying and selling goods and services: 2. a particular company that buys and….
VENTURE | English meaning - Cambridge Dictionary
VENTURE definition: 1. a new activity, usually in business, that involves risk or uncertainty: 2. to risk going….
ENTERPRISE | English meaning - Cambridge Dictionary
ENTERPRISE definition: 1. an organization, especially a business, or a difficult and important plan, especially one that….
INCUMBENT | English meaning - Cambridge Dictionary
INCUMBENT definition: 1. officially having the named position: 2. to be necessary for someone: 3. the person who has or….
AD HOC | English meaning - Cambridge Dictionary
AD HOC definition: 1. made or happening only for a particular purpose or need, not planned before it happens: 2. made….
LEVERAGE | English meaning - Cambridge Dictionary
LEVERAGE definition: 1. the action or advantage of using a lever: 2. power to influence people and get the results you….
ENTREPRENEUR | English meaning - Cambridge Dictionary
ENTREPRENEUR definition: 1. someone who starts their own business, especially when this involves seeing a new opportunity….
CULTIVATE | English meaning - Cambridge Dictionary
CULTIVATE definition: 1. to prepare land and grow crops on it, or to grow a particular crop: 2. to try to develop and….
EQUITY | English meaning - Cambridge Dictionary
EQUITY definition: 1. the value of a company, divided into many equal parts owned by the shareholders, or one of the….
LIAISE | English meaning - Cambridge Dictionary
LIAISE definition: 1. to speak to people in other organizations, etc. in order to work with them or exchange….
BUSINESS | English meaning - Cambridge Dictionary
BUSINESS definition: 1. the activity of buying and selling goods and services: 2. a particular company that buys and….
VENTURE | English meaning - Cambridge Dictionary
VENTURE definition: 1. a new activity, usually in business, that involves risk or uncertainty: 2. to risk going….
ENTERPRISE | English meaning - Cambridge Dictionary
ENTERPRISE definition: 1. an organization, especially a business, or a difficult and important plan, especially one that….
INCUMBENT | English meaning - Cambridge Dictionary
INCUMBENT definition: 1. officially having the named position: 2. to be necessary for someone: 3. the person who has or….
AD HOC | English meaning - Cambridge Dictionary
AD HOC definition: 1. made or happening only for a particular purpose or need, not planned before it happens: 2. made….
LEVERAGE | English meaning - Cambridge Dictionary
LEVERAGE definition: 1. the action or advantage of using a lever: 2. power to influence people and get the results you….
ENTREPRENEUR | English meaning - Cambridge Dictionary
ENTREPRENEUR definition: 1. someone who starts their own business, especially when this involves seeing a new opportunity….
CULTIVATE | English meaning - Cambridge Dictionary
CULTIVATE definition: 1. to prepare land and grow crops on it, or to grow a particular crop: 2. to try to develop and….
EQUITY | English meaning - Cambridge Dictionary
EQUITY definition: 1. the value of a company, divided into many equal parts owned by the shareholders, or one of the….
LIAISE | English meaning - Cambridge Dictionary
LIAISE definition: 1. to speak to people in other organizations, etc. in order to work with them or exchange….
