Digital Transformation Through Internet of Things Services

Date
2019-01-08
Authors
Keskin, Tayfun
Tan Erciyes, Burcu
Journal Title
Journal ISSN
Volume Title
Publisher
Abstract
Internet of Things (IoT) have been disrupting industries through shifting novel services, and business models. Organizations should also redesign their business service models to navigate this disruption. A holistic understanding of digital transformation through IoT requires the cooperation of multiple disciplines ranging from engineering to economics. This paper utilizes a conceptual model to develop an analytical framework to investigate a number of pricing strategies enabled by different business models. Our findings demonstrate that the Internet of Things phenomenon has the potential to disrupt the way we do business by connecting markets and enabling new business models.
Description
Keywords
Internet of Things: Providing Services Using Smart Devices, Wearables, and Quantified Self, Decision Analytics, Mobile Services, and Service Science, Digital transformation, internet of things, service pricing, multi-sided markets
Citation
Rights
Access Rights
Email libraryada-l@lists.hawaii.edu if you need this content in ADA-compliant format.