ABSTRACT

Introduction The previous chapter examined a range of companies which are developing products and services for the IoT across some of the key sectors being affected by this emerging technology. Different parts of the IoT technology stack were considered in terms of how companies fit into the broader value chain of activities which underpin the IoT. This chapter analyses in detail the ways that companies are configuring their operations to profit from the IoT by looking at the business models they are deploying. As will be seen, the IoT presents a number of opportunities as well as threats to business model design for companies as value chains in a number of industries are disrupted by the data flowing from the ‘things’.