Analysis on IoT Activities in Japanese Companies: Toward Innovation or Cost Reduction

Abstract

In the past few years, the field of information technology has developed to become increasingly broad. Accelerating the movement is IoT. IoT technologies are not only being used to extend pre-existing businesses, they are also being implemented in service systems that link together organizations in new ways. For IoT technologies to be commercialized, businesses require new value creation that transcends traditional styles of technological development. But what kind of activities are companies currently implementing to make use of IoT technologies? In this paper, IoT utilization activities in companies are analyzed. Research Institute of Economy, Trade and Industry in Japan conducts a large scale of survey focusing on IoT activities in companies. This is the first company analysis on IoT utilization activities.