Abstract
Internet of Things (IoT) have been recognized as one of
the main trends shaping today the industrial economy.
Earlier products composed solely of mechanical and
electrical parts, now products have become complex
systems that combine hardware, sensors, data storage,
microprocessors, software, and connectivity. These
"smart, connected products" are disrupting value chains,
forcing companies to rethink nearly everything they do.
IoT creates huge opportunities for managing product
performance, utilization, and uptime, and how products
work with related products in broader systems. Then the
industrial service business could have completely new
forms. The purpose of this paper is to analyze the
meaning of IoT for the industrial service supply chains.
| Original language | English |
|---|---|
| Title of host publication | Proceedings of the 22nd International Symposium on Logistics (ISL 2017) |
| Subtitle of host publication | Data Driven Supply Chains |
| Editors | K.S. Pawar, A. Potter, A. Lisec |
| Place of Publication | Nottingham |
| Publisher | University of Nottingham |
| Pages | 329-334 |
| ISBN (Print) | 978-0-853-58319-6 |
| Publication status | Published - 2017 |
| MoE publication type | B3 Non-refereed article in conference proceedings |
| Event | 22nd International Symposium on Logistics "Data Driven Supply Chains" - Ljubljana, Slovenia Duration: 9 Jul 2017 → 12 Jul 2017 |
Conference
| Conference | 22nd International Symposium on Logistics "Data Driven Supply Chains" |
|---|---|
| Abbreviated title | ISL 2017 |
| Country/Territory | Slovenia |
| City | Ljubljana |
| Period | 9/07/17 → 12/07/17 |
Keywords
- Internet of Things
- value creation
- business models