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IoT Applications and Business Models

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Internet of Things

Part of the book series: SpringerBriefs in Electrical and Computer Engineering ((BRIEFSELECTRIC))

Abstract

This chapter discusses various IoT applications. It explains how IoT will shape our lives in the near future. As it is a widely held opinion that conventional business models cannot adequately support IoT applications, the chapter also elaborates on the need for formulating specialized models for IoT businesses to remain viable. Current challenges in terms of IoT structure, governance, and services are also presented.

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Authors and Affiliations

  1. The University of Alabama, Tuscaloosa, AL, USA

    Syed Ahsan Raza Naqvi

  2. School of Electrical Engineering and Computer Science (SEECS), National University of Sciences and Technology (NUST), Islamabad, Pakistan

    Syed Ali Hassan

  3. School of Computer Science, University of Guelph, Guelph, ON, Canada

    Fatima Hussain (Assistant Professor, Research Associate)

  4. Department of Computer Science, Department of Electrical and Computer, Engineering, Ryerson University, Toronto, ON, Canada

    Fatima Hussain (Assistant Professor, Research Associate)

Authors
  1. Syed Ahsan Raza Naqvi
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  2. Syed Ali Hassan
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  3. Fatima Hussain
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Correspondence to Fatima Hussain .

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Naqvi, S.A.R., Hassan, S.A., Hussain, F. (2017). IoT Applications and Business Models. In: Internet of Things. SpringerBriefs in Electrical and Computer Engineering. Springer, Cham. https://doi.org/10.1007/978-3-319-55405-1_4

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  • DOI: https://doi.org/10.1007/978-3-319-55405-1_4

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-55404-4

  • Online ISBN: 978-3-319-55405-1

  • eBook Packages: EngineeringEngineering (R0)

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