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Benefits:

  • detection of device failures
  • valuable device information (e.g. supermarket scanner)
  • limit downtimes by preemptive analytics
  • from routines to on-demand processes
  • information communities (technicians, specialists, clients...)

Embedded Innovators

  • product-centric service offerings
  • preemptive predictions
  • investigate lifecycle (e.g. maintenance, replenishement)

Solutionist

  • focus on associated activities
  • model new processes
  • high-value activities

Aggregator

  • focus on multi-vendor data integration
  • vertical integration instead of product lifecycle
  • managing relationships
  • data processing, analytics, warehousing
  • revenue: selling information services

Synergist

  • provision of data-points
  • products providing data
  • focus on community building

Discussion

363-0428-00L

Business Aspects of the Internet of Things

Case studies about Internet of Things projects

Florian Michahelles, ETH Zurich, March 7, 2013

http://www.im.ethz.ch/education/FS13/iot_lec

source:

Bob Williams, What is the Real Business Case for the Internet of Things?, Synthesis Journal, iTSC, 2008

Rationale of networking things

  • mechanical/electromechanical
  • complex/expensive assets
  • valuable information to share
  • low barriers to network
  • long life span (several years)

source:

service integration

requirements, financing, installing, testing,

maintaining, repleneshing, training, scanning, interpreting, updating...

source:

Source: GE

multiple-vendor integration

source:

source: http://www.koubachi.com

source:

source: http://airqualityegg.wikispaces.com/

source: http://www.senseaware.com/process/index.html

source: senseable.mit.edu/copenhagenwheel/

source: http://shop.greengoose.com/

service integration

source: http://intellistreets.com/

source: http://openxcplatform.com/

source: www.arduino.cc

source: http://pachube.com/

source: Leonardo Bonanni, Matthew Hockenberry, David Zwarg, Chris Csikszentmihalyi, and Hiroshi Ishii. 2010. Small business applications of sourcemap: a web tool for sustainable design and supply chain transparency. In Proceedings of the 28th international conference on Human factors in computing systems (CHI '10). ACM, New York, NY, USA, 937-946.

source: Thiesse, F., Al-Kassab, J., Fleisch, E. (2009) Understanding the Value of Integrated RFID Systems: A Case Study from Apparel Retail. European Journal of Information Systems 18(6), 592-614.

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