Abstract
Internet of Things (IoT), sensors, wireless networks, cloud computing and big data analytics are technological innovations that have the power to transform traditional businesses. These technologies can enable and accelerate a circular economy on a broader scale. We aim at providing information on how to disrupt current prevailing linear business models by employing digital data and IoT technologies. We give the reader a short overview of IoT technologies affecting the incumbents of industry. We present the current deployment of a tool rental service experiment and develop a scenario anticipating the possible future of the tool rental service. The envisioned tool rental scenario provides understanding on the effects of digital technologies and helps companies in identifying more sustainable and circular business models.
Original language | English |
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Title of host publication | UBICOMM 2017 |
Subtitle of host publication | The Eleventh International Conference on Mobile Ubiquitous Computing, Systems, Services and Technologies |
Publisher | International Academy, Research, and Industry Association IARIA |
Pages | 60-65 |
Number of pages | 6 |
ISBN (Print) | 978-1-61208-598-2 |
Publication status | Published - 17 Nov 2018 |
MoE publication type | Not Eligible |
Event | 11th International Conference on Mobile Ubiquitous Computing, Systems, Services and Technologies, UBICOMM 2017 - Barcelona, Spain Duration: 12 Nov 2017 → 16 Nov 2017 Conference number: 11 https://www.iaria.org/conferences2017/UBICOMM17.html |
Conference
Conference | 11th International Conference on Mobile Ubiquitous Computing, Systems, Services and Technologies, UBICOMM 2017 |
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Abbreviated title | UBICOMM 2017 |
Country/Territory | Spain |
City | Barcelona |
Period | 12/11/17 → 16/11/17 |
Internet address |
Keywords
- circular economy
- IoT
- scenario
- tool rental service
- sensors
- networking
- cloud computing
- data analytics