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1
  • Digital Business : Internet of Things (IoT) as Challenges and Opportunities


Devarshi Chatterjee Prof (Dr) Devapriya Chatterjee

Abstract:
The research brings to light some formidable challenges as well as the exciting opportunities highlighted by the Internet of Things (IoT) in the present era. The initial segment furnishes an outline on the manner of the linkage between the virtual and the material objects. This segment outlines the framework of the Internet of Things (IoT). The other segment focuses on the opportunities that the Internet of Things (IoT) outlines in the diverse industries. These opportunities include the areas of public sector, manufacturing, energy and utilities, healthcare as well as transportation. As observed, there was augmentation in the new opportunities in every sector, including cost reduction and proficiency. The third segment of the research highlights the framework of the major challenges created by the Internet of Things (IoT), like constraints in linkage, lack of satisfactory standards, compromised privacy and security, problems in analytics of data and algorithmic hitches. A literature review was also made, and it brought to light the nature of initial introduction as well as the significance of the Internet of Things (IoT), along with some positive feedback for the maximum utilization of the utilities. The final segment contemplates on the ideas of the practice and learning of the Internet of things (IoT).


1-12
2
  • Application to the Development of the Internet of Things (IoT) Business Models -A Simple Approach for Business Models


Devarshi Chatterjee Prof (Dr) Devapriya Chatterjee

Abstract:
The research proposes a simple design approach for models of business and continue to design the theories of the models of business in the style of research, that enables the corporate businesses to generate new values of business, while making the utilization of IT. The analyses of the value of business that is generated by IT, and making the designs of the models of business, that continuously provide the value of business, would be a certain possibility. The application of the proposed method of research into the Internet of Things (IoT), that uses the technology of sensing as well as Global Positioning System (GPS), was assessed for the productivity. In the environment of fast changes, it is quite difficult to make designs of models of business in a sequential development process. The designs of the models of business necessitate an innovative approach to value-leading, that is for identifying the processes in IT, for creating services and products that are more valuable than the cost of the resources. This is done by continuous assessment, and garner knowledge in a short span of time, about the models of business, that are perfect matches to the scenarios of business, and move very close to the target of business. The research proposed a simple design approach for models of businesses, that generate value through the methods of design of the model of business, using approaches that are based on IT. The proposed research would be applied to the design of the models of business of Internet of Things (IoT), and assessed for productivity.


13-24
3
  • Innovation of the Model of Business and the Significance of the Internet of Things (IoT) : A Brief Study


Devarshi Chatterjee and Prof (Dr) Devapriya Chatterjee

Abstract:
\r\nThe research makes a detailed study of the significance of the Internet of things (IoT) on the innovations of models of business with a discrete regard to the impact of the advanced technological progress. The specific characteristics of the businesses that grasp the data of the Internet of Things (IoT) to metamorphose the conventional models of business, like our highlights on the proposition of the value of the industry as well as software, flexible model, structure of cost, as well as the mechanism of the capture of value, enable the focusing of the consolidation of the Internet of Things (IoT) in amalgamation with the diverse technologies that could make a positive impression on the progression of the innovations of the models of business and the conversions of the conventional models of business of the organization. The research also proposed that the degree of the variance of technology as well as the level of growth, specifically in the compatible and supportive features, augment the probability. The recent investigation of some leading business firms were undertaken to specify the design and the subject of the information, highlighting the usage of the Internet of Things (IoT) for the augmentation of the experience of the customers by supporting the real-time information for generating the innovative streams of revenue, increasing the production, as well as productivity in general, utilizing the services that are innovative. The findings of the research bring to light the attributes of the software and the Internet of things (IoT), that could overcome dangers related to the making of surveys, of the innovations of the models of business that are supported by the Internet of Things (IoT), and make an impact in the innovation of business.\r\n


25-37
Collaboration Partners
  • Indian Journals

  • Swedish Scientific
    Publications

  • The Universal
    Digital Library

  • Green Earth Research
    And Publishing House

  • Rashtriya Research Institute
    Of New Medical Sciences

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