Chapter 4 Innovation Platforms: IOT Platforms

Research output: Chapter in Book/Report/Conference proceedingChapterResearchpeer-review

Abstract

This chapter reports on a study of the taxonomy of innovations for the internet of things (IoT) products and services. The analysis and discussion lead to a multidimensional framework of innovations, with a particular emphasis on a technology stack, business models, products, services, and platform innovations. The authors argue that a multi-sided platform might possibly be a successful business model for the adoption of IOT products and services. They develop IOT business-model pattern and the general definition of a IOT multi-sided platform. The research contains guidelines to help practitioners and policy makers develop platform-enabled IoT innovation strategies through the consideration of various levels of business models and MSP strategy. It offers a relevant source of ideas and guidance for anyone interested in research and practice related to rethinking IoT, product, and service innovation.
Original languageEnglish
Title of host publicationMulti-Sided Platforms (MSPs) and Sharing Strategies in the Digital Economy: Emerging Research and Opportunities
Chapter4
Pages96-112
Number of pages17
DOIs
StatePublished - 2018

Keywords

  • Innovation Platforms
  • IOT Platforms

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