Business model evolution for ITS services

Juho Kostiainen, Zulkarnain, Pekka Leviäkangas, Raine Hautala

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

    1 Citation (Scopus)

    Abstract

    While the global economy has suffered in the recent years and projections for the future are highly uncertain, Intelligent Transport Systems and Services (ITS) is one of the sectors where growth potential is still envisaged and has shown to be growing in steeper curves than other industry sectors. Evaluating the roles and shares of different stakeholders is challenging due to the involvement of several public and private actors, which complicates the business model value network. The roles in value networks change with the emergence of new business models and technology. With concepts such as open data, open source, and cloud computing, the changes can be dramatic. This paper examines existing business models and, based on those, presents both traditional and modern versions of a generalised business model framework.

    Original languageEnglish
    Title of host publication20th World Congress on Intelligent Transport Systems 2013
    Pages870-878
    Volume2
    Publication statusPublished - 2013
    MoE publication typeNot Eligible
    Event20th Intelligent Transport Systems World Congress, ITS 2013 - Tokyo, Japan
    Duration: 14 Oct 201318 Oct 2013

    Conference

    Conference20th Intelligent Transport Systems World Congress, ITS 2013
    CountryJapan
    CityTokyo
    Period14/10/1318/10/13

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    Keywords

    • Business model
    • ITS
    • Value network

    Cite this

    Kostiainen, J., Zulkarnain, Leviäkangas, P., & Hautala, R. (2013). Business model evolution for ITS services. In 20th World Congress on Intelligent Transport Systems 2013 (Vol. 2, pp. 870-878)