Abstract
In this extended abstract we aim on providing an overview on business models based on the Internet of Things for assisting companies that are currently focused on non-digital industries. In the first section the role of the Internet as an innovation driver for business models is reflected, secondly it is shown how business model patterns from digital industries are becoming relevant to physical industries as well. General business model logic patterns for the Internet of Things are shown and the challenges of implementing such patterns in hybrid business models are addressed.
This article has previously been published as a Whitepaper of the Bosch Internet of Things and Services Lab, a Cooperation of HSG and Bosch (2014) – www.iot-lab.ch.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
What is the Internet of Things? An Economic Perspective, Auto-ID Labs White Paper WP-BIZAPP-053, ETZ Zürich & University of St. Gallen, January 2010. http://www.im.ethz.ch/education/HS10/AUTOIDLABS-WP-BIZAPP-53.pdf
Fleisch, E., Christ, O., Dierkes, M.: Die betriebswirtschaftliche Vision des Internets der Dinge. In: Fleisch, E., Friedemann, M. (eds.): Das Internet der Dinge, pp. 3–37. Springer, Berlin (2005)
Fleisch, E., Weinberger, M., Wortmann, F.: Business Models and the Internet of Things, Whitepaper of the Bosch Internet of Things and Services Lab, a Cooperation of HSG and Bosch (2014). www.iot-lab.ch
Gassmann, O., Frankenberger, K., Csik, M.: Geschäftsmodelle entwickeln: 55 innovative Konzepte mit dem St. Galler Business Model Navigator. Hanser Verlag, Munich (2013)
Ries, E.: The lean startup: How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses. Crown Business (2011)
von Hippel, E.: Lead users. A source of novel product concepts. Manage. Sci. 32, 791–805 (1986)
Acknowledgements
The Bosch Internet of Things and Services Lab provided major funding to HSG for this project. We thank Prof. Oliver Gassmann, Ass. Prof. Karolin Frankenberger, Kristina Flüchter and Stefanie Turber for invaluable discussions and for their support.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2015 Springer International Publishing Switzerland
About this paper
Cite this paper
Fleisch, E., Weinberger, M., Wortmann, F. (2015). Business Models and the Internet of Things (Extended Abstract). In: Podnar Žarko, I., Pripužić, K., Serrano, M. (eds) Interoperability and Open-Source Solutions for the Internet of Things. Lecture Notes in Computer Science(), vol 9001. Springer, Cham. https://doi.org/10.1007/978-3-319-16546-2_2
Download citation
DOI: https://doi.org/10.1007/978-3-319-16546-2_2
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-16545-5
Online ISBN: 978-3-319-16546-2
eBook Packages: Computer ScienceComputer Science (R0)