A Tool Rental Service Scenario: IoT technologies enabling a circular economy business model

    Research output: Chapter in Book/Report/Conference proceedingConference article in proceedingsScientificpeer-review

    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 languageEnglish
    Title of host publicationUBICOMM 2017
    Subtitle of host publicationThe Eleventh International Conference on Mobile Ubiquitous Computing, Systems, Services and Technologies
    PublisherInternational Academy, Research, and Industry Association IARIA
    Pages60-65
    Number of pages6
    ISBN (Print)978-1-61208-598-2
    Publication statusPublished - 17 Nov 2018
    MoE publication typeNot Eligible
    Event11th International Conference on Mobile Ubiquitous Computing, Systems, Services and Technologies, UBICOMM 2017 - Barcelona, Spain
    Duration: 12 Nov 201716 Nov 2017
    Conference number: 11
    https://www.iaria.org/conferences2017/UBICOMM17.html

    Conference

    Conference11th International Conference on Mobile Ubiquitous Computing, Systems, Services and Technologies, UBICOMM 2017
    Abbreviated titleUBICOMM 2017
    CountrySpain
    CityBarcelona
    Period12/11/1716/11/17
    Internet address

    Fingerprint

    Industry
    Cloud computing
    Wireless sensor networks
    Innovation
    Internet of things
    Experiments
    Big data

    Keywords

    • circular economy
    • IoT
    • scenario
    • tool rental service
    • sensors
    • networking
    • cloud computing
    • data analytics

    Cite this

    Kallio, J., Antikainen, M., & Kettunen, O. (2018). A Tool Rental Service Scenario: IoT technologies enabling a circular economy business model. In UBICOMM 2017: The Eleventh International Conference on Mobile Ubiquitous Computing, Systems, Services and Technologies (pp. 60-65). International Academy, Research, and Industry Association IARIA.
    Kallio, Johanna ; Antikainen, Maria ; Kettunen, Outi. / A Tool Rental Service Scenario : IoT technologies enabling a circular economy business model. UBICOMM 2017: The Eleventh International Conference on Mobile Ubiquitous Computing, Systems, Services and Technologies. International Academy, Research, and Industry Association IARIA, 2018. pp. 60-65
    @inproceedings{124b16dc79fe456b9ff08cd987d50496,
    title = "A Tool Rental Service Scenario: IoT technologies enabling a circular economy business model",
    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.",
    keywords = "circular economy, IoT, scenario, tool rental service, sensors, networking, cloud computing, data analytics",
    author = "Johanna Kallio and Maria Antikainen and Outi Kettunen",
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    Kallio, J, Antikainen, M & Kettunen, O 2018, A Tool Rental Service Scenario: IoT technologies enabling a circular economy business model. in UBICOMM 2017: The Eleventh International Conference on Mobile Ubiquitous Computing, Systems, Services and Technologies. International Academy, Research, and Industry Association IARIA, pp. 60-65, 11th International Conference on Mobile Ubiquitous Computing, Systems, Services and Technologies, UBICOMM 2017, Barcelona, Spain, 12/11/17.

    A Tool Rental Service Scenario : IoT technologies enabling a circular economy business model. / Kallio, Johanna; Antikainen, Maria; Kettunen, Outi.

    UBICOMM 2017: The Eleventh International Conference on Mobile Ubiquitous Computing, Systems, Services and Technologies. International Academy, Research, and Industry Association IARIA, 2018. p. 60-65.

    Research output: Chapter in Book/Report/Conference proceedingConference article in proceedingsScientificpeer-review

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    AB - 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.

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    Kallio J, Antikainen M, Kettunen O. A Tool Rental Service Scenario: IoT technologies enabling a circular economy business model. In UBICOMM 2017: The Eleventh International Conference on Mobile Ubiquitous Computing, Systems, Services and Technologies. International Academy, Research, and Industry Association IARIA. 2018. p. 60-65