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Exploiting Internet-of-Things: Platforms and Business Models

In: Governing Business Systems

Author

Listed:
  • Tindara Abbate

    (University of Messina)

  • Fabrizio Cesaroni

    (University of Messina)

  • Maria Cristina Cinici

    (University of Messina)

  • Massimo Villari

    (University of Messina)

Abstract

Internet-of-Things (IoT) is expected to play a key role in the near future due to the possibility it shows to spur processes of economic growth by fostering differentiated business applications. To exploit several possibilities, firms need to define and adopt appropriate business models. By analyzing the case of FIWARE, we discuss which business models can be adopted by different actors involved in the development and usage of a cloud-based platform enabling IoT solutions. We show that such platform represents a general purpose technology, which allows innovative forms of division of labor among technology suppliers and technology users, with positive revenues for involved actors.

Suggested Citation

  • Tindara Abbate & Fabrizio Cesaroni & Maria Cristina Cinici & Massimo Villari, 2018. "Exploiting Internet-of-Things: Platforms and Business Models," Springer Proceedings in Business and Economics, in: Gandolfo Dominici & Manlio Del Giudice & Rosa Lombardi (ed.), Governing Business Systems, chapter 0, pages 101-118, Springer.
    • Handle: RePEc:spr:prbchp:978-3-319-66036-3_6
    DOI: 10.1007/978-3-319-66036-3_6
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    Cited by:

    1. Abbate, Tindara & Cesaroni, Fabrizio & Cinici, Maria Cristina & Villari, Massimo, 2019. "Business models for developing smart cities. A fuzzy set qualitative comparative analysis of an IoT platform," Technological Forecasting and Social Change, Elsevier, vol. 142(C), pages 183-193.

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