This chapter discusses various IoT applications. It explains how IoT will shape our lives in the near future. As it is a widely held opinion that conventional business models cannot adequately support IoT applications, the chapter also elaborates on the need for formulating specialized models for IoT businesses to remain viable. Current challenges in terms of IoT structure, governance, and services are also presented.
CITATION STYLE
Naqvi, S. A. R., Hassan, S. A., & Hussain, F. (2017). IoT Applications and Business Models (pp. 45–61). https://doi.org/10.1007/978-3-319-55405-1_4
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