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Business Models of Internet of Things

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Book cover Information Systems: Development, Research, Applications, Education (SIGSAND/PLAIS 2016)

Part of the book series: Lecture Notes in Business Information Processing ((LNBIP,volume 264))

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Abstract

Background. This article focuses on one of the most important topic for future life and economy – Internet of Things.

Research aims. Indicate business models that apply to the Internet Things.

Method. Theoretical analysis of the phenomenon of Internet of Things. Analysis of fifty-five business models. Indication of thirty-three models of the Internet of Things.

Key findings. Analyzing a broad variety of companies (up to 400 cases) Gassmann, Frankenberger and Csik identify fifty-five business model patterns that either individually or together build the fundament of the majority of currently existing business models. These models can be the basis of creating business models Internet of Things. The author of this article from fifty-five models selected thirty-three models and pointed their application in the field of Internet of Things. These thirty-three models can be successfully used in the Internet of Things on four specified layers and in eleven areas. These models may also be the starting point for creating new business models or inspiration for the creation of a completely new, innovative models. Specification of these new models will be the target for further studies.

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Correspondence to Dariusz Kralewski .

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Kralewski, D. (2016). Business Models of Internet of Things. In: Wrycza, S. (eds) Information Systems: Development, Research, Applications, Education. SIGSAND/PLAIS 2016. Lecture Notes in Business Information Processing, vol 264. Springer, Cham. https://doi.org/10.1007/978-3-319-46642-2_6

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