ABSTRACT
Machine-to-machine communication (M2M) is one of the major innovations in the ICT sector. Especially in agricultural business with heterogeneous machinery, diverse process partners and high machine operating costs, M2M offers large potential in process optimization. Within this paper, a concept for process optimization in agricultural business using M2M technologies is presented using three application scenarios. Within that concept, standardization and communication as well as security aspects are discussed. Furthermore, corresponding business models building on the presented scenarios are discussed and results from economic analysis are presented.
