The Transformative Effect of the Internet of Things on Business and Society

Autor: Alan R. Dennis, Michel Avital, Matti Rossi, Jung P. Shim, Carsten Sørensen, Aaron M. French
Přispěvatelé: Georgia State University, Copenhagen Business School, Indiana University, Department of Information and Service Management, The London School of Economics and Political Science, University of New Mexico, Aalto-yliopisto, Aalto University
Rok vydání: 2019
Předmět:
Zdroj: Communications of the Association for Information Systems. 44:129-140
ISSN: 1529-3181
DOI: 10.17705/1cais.04405
Popis: This paper summarizes the discussion in a panel session on the Internet of things (IoT) at the 2017 International Conference on Information Systems (ICIS) in Seoul, Korea. The panel explored a research agenda on IoT technology and its interaction with business and society. IoT refers to the ever-growing number of numerous physical devices that feature software and location-based technologies that connect together in a network and exchange data with one another. IoT has garnered significant attention in information systems due to its rapidly expanding market and demand from a wide range of stakeholders such as consumers, businesses organizations, and government agencies. The IoT may be the next industrial revolution in which interconnected physical devices will automate skills and tasks. In today’s hyper-connected economy, IoT can radically transform businesses and society through increased transparency, optimized production processes, and decreased operating expenses. Overall, the panel identified a six-pronged IS research agenda for IoT that comprises the IoT’s impact on business and society, IoT monetization and end-user services, the IoT as a distributed platform, the convergence of the IoT and blockchain, security concerns and solutions, and the IoT and ethics. The paper concludes with a future direction for IoT.
Databáze: OpenAIRE