ABSTRACT
The Internet of ThingsTechnologies will foster European core industrial activities such as industry automation, generation and distribution of renewable energies (Smart Grid), as well as the development and production of enhanced environmental technologies, cars, airplanes and so on. The future IoT will be a cornerstone for the development of smart and sustainable cities and smart and sustainable infrastructures in general. Key success factors for promising differentiation of the European IoT Technology players can be formulated as follows for technological, user concerned, business and societal aspects. In order to specify challenges for IoT relating to deployment, technological and business model validation and acceptability large-scale pilots could play an important role, addressing security and trust issues in an integrated manner, and contributing to certification and validation ecosystems in the IoT arena. As the Internet of Things continues to develop, further potential is estimated by a combination with related technology approaches and concepts such as Cloud computing, Big Data, Robotics and Semantic technologies.
