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IoT E-business Model: Redesign Old Business Models

In: Proceedings of the Conference on SDGs Transformation Through the Creative Economy: Encouraging Innovation and Sustainability (TCEEIS 2023)

Author

Listed:
  • Riza Ramadhan

    (ITB Widya Gama Lumajang, Accounting Department)

  • Novy Fitria

    (ITB Widya Gama Lumajang, Management Department)

Abstract

This article attempts to provide an IoT E-business Model design overview. This design will make an IoT E-business Model with a basis of a traditional business system built by the following concepts. First, because the IoT E-business Model is based on traditional e-commerce that thrives on the Internet, conducting a systematic analysis of the conventional electronic business. Second, to modify and optimize each part according to the IoT feature, all physical devices and entities will have the function and data as a web service, integrating devices and services.

Suggested Citation

  • Riza Ramadhan & Novy Fitria, 2023. "IoT E-business Model: Redesign Old Business Models," Advances in Economics, Business and Management Research, in: Imam Abrori & Indrian Supheni & Muhammad Mudhofar & Wahyuning Murniati & Nico Irawan & Arfan Ikhsan (ed.), Proceedings of the Conference on SDGs Transformation Through the Creative Economy: Encouraging Innovation and Sustainability (TCEEIS 2023), pages 127-132, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-346-7_24
    DOI: 10.2991/978-94-6463-346-7_24
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