System certifications provide a seal of quality for organisations and ensure international comparability. The certification scheme defines minimum standards for specific topics and serves as…
Category: Business Model
The business model and strategic considerations are a critical component in an IoT or M2M project.
In Berlin’s Palais Populaire, MIA guides through the exhibition. Before her first tour, MIA had to build up knowledge about the work of art and…
Adding smartness and connectivity to existing product characteristics introduce new fields of application and features that can be differentiated into monitoring, controlling, optimisation and autonomy.…
The source for the following discussion is the figure “The new technology stack” in the article “How Smart, Connected Products Are Transforming Competition” by Porter…
Digitalization is on the advance and with it the transformation has a boom. The horror stories of disruptive business models are giving entrepreneurs sleepless nights.…
Smart, connected products includes components forconnectivity as well as physical and smart components. These three coreelements complement each other to create value. The smart components…
On the manufacturer side the value of an IoT application consists of a conventional, not linked to the Internet, product. By using IT, the product…
Smart, connected products lead to a new infrastructure and generate valuable data. Therefore, a transformation or restructuring of traditional company functions is unavoidable. This starts…
Smart, connected products are hybrids, because they are composed from parts of the physical and digital world. As a result, in the Internet of Things,…
At the beginning of every application for the Internet of Things there is an idea how a previously unknown value can be created or the…