ABSTRACT
A successful Internet of Things (IoT) systems implementation has two overarching components are Return on Investment and Changes to the institution’s cyber risk profile. Calculating the benefit received, the value added or created, is difficult because the many different constituencies across a city or institution may have different interpretations and perspectives of value. This is particularly true around expectations of data. The idea of the self-evidence valence is that data is context-free or at least appears that way. The context-free-ness notion conflicts with the popular assumption of interpretation or mediation being required to make data meaningful as the researchers point out. The transparency valence also introduces the idea that when there is data transparency, when it is indeed shared across contexts, new questions around ownership, access, and confidentiality present themselves. Everybody wants transparency of data in energy systems and most other IoT systems purchased by an institution or city.
