A Study on Development and Application of Taxonomy of Internet of Things Service

Eun-A Kim, Kwang Soo Kim, Choon Seong Leem, Choong Hyun Lee

Abstract


Internet of Things (IoT) is being globally spotlighted as a fundamental technology to realize hyper-connected society, and as new growth engines of nation and enterprises. Although the technical aspect of IoT receives a great deal of attention as a new business opportunity, the business aspect of IoT is suffering insufficient scholarly research and objective insight. Thus, the business aspect of IoT requires a thorough research on its service market and business opportunities. In order to stimulate the IoT service market and facilitate objective statistic data aggregation, this paper aims to suggest an IoT service categorization model. This model is comprised of three perspectives which are IoT purpose, IoT Player, and IoT Domain; they function as tools to comprehensively analyze the IoT industry. Efficacy of this model has been confirmed by simulating 117 IoT services on the model, in which the results successfully offered the market trend of the IoT service based on Case. This study is able to apply for basic research of IoT-Service Development Plan, and provide practical implications.


Full Text:

PDF

References


Alfonso, V., Eric, G., Sree, C., and Jouni, F., Market Trends: TSPs Must Invest in the Rapidly Evolving IoT Ecosystems Now, Gartner, 2013.

Ansgar, S., Didier, L., Stuart, K., and Gregory, P., Wanted: Smart market makers for the “Internet of Things,” Arthur D Little Prism, pp. 35-47, 2011.

AT&T M2M Homepage, http://www. business.att.com/enterprise/Family/ mobility-services/machine-to-machine.

Beecham Research, M2M Sector Map, 2010. http://www.beechamresearch.com/ article.aspx?id=4.

Cellular-News, Internet of Things Installed Base Will Grow to 26Billion Units By 2020, 2013.

Chong, K. W., Kim, J. C., Kim, J. I., and Lee, W. J., “A System for Analyzing Data Transmission Time in Ubiquitous Sensor Network,” The Journal of Society for e-Business Studies, Vol. 13, No. 2, pp. 149-163, 2008.

Dave, E., The Internet of Things How the Next Evolution of the Internet Is Changing Everything, Cisco IBSG, 2011.

Deutsche Telekom-Machine to Machine(M2M), M2M Partner Program, https:// partner.m2m.telekom.com/int_m2m-partner-program_2.dtag.

Ericsson, M2M…It’s a Fragmented Industry with Varying Roles in the Value Chain, 2012. https://innovationtracker.files. wordpress.com/2013/04/slide14.jpg.

IoT-i(The Internet of Things Initiative), D2.1: Initial report on IoT applications of strategic interest, 2011.

ITU, The Internet of Things, The ITU Strategy and Policy Unit(SPU), 2005.

Jeong, H. and Lee, D. H., The evolution of the Internet of Things and Policy Suggestions, KISDI Premium Report, 2014.

Jim, M., Mobile Operator Strategies for Success in M2M: The Role of Cloud Platforms, Machina Research, September, 2012

Ju, D. Y. and Kim, J. G., Creative fusion Revitalization Plan of Internet of Things (IoT) in Hyper-connected Era, Korea Institute for Industrial Economics and Trade Issue Paper, 2014.

Kim, M. S. and Jeong, W. J., “Internet of Things(IoT) related value chain and market component status,” Korea Information Society Development Institute, Vol. 26, pp. 22-27, 2014.

Korea Internet and Security Agency, Market policy trend analysis of Internet of Things, Internet and Security Issue, pp. 3-33, September, 2012.

Lee, D. Y., Everything of Internet of Things, IDG Tech Report and IT World, pp. 1-21, 2013.

Lee, G. Y., Lee, J. H., Jung, C. W., and Tak, Y. J., “IoT 3.0 and Internet of Things Platform Technology,” Korea information processing society review, Vol. 21, No. 2, pp. 3-13, 2014.

Lee, H. J., Kim, O. W., Kim, H., Kim, B. S., Han., J. W., Han, C. S., and Jung, J. Y., “Development of Ubiquitous Rice Intake Management Systems for Rice Processing Complex,” The Journal of Society for e-Business Studies, Vol. 18, No. 2, pp. 175-189, 2013.

Lee, S. H. and Lee, D. W., “A Study on Internet of Things in IT Convergence Period,” Journal of Digital Convergence, 2014.

Machina Research, The Global M2M Market in 2013, White Paper, 2013.

MarketsandMarkets, Internet of Things (IoT) and Machine-To-Machine(M2M) Communication Market-Worldwide Market Forecasts(2012～2017), 2013.

Min, G. S., Internet of Things, Korea Internet and Security Agency ｢Netterm｣, p. 32, 2013.

Ministry of Science, ICT and Future Planning, IoT General plan for Leading Country of realization of Super digital revolution, 2014.

Ministry of Science, ICT and Future Planning, Survey and Market Analysis of IoT(Internet of Things), Jinjan M&B, 2014.

More with Mobile.com, Corporate Initiatives along the M2M Value Chain, 2013. http://www.more-with-mobile.com/2013/07/m2m-corporate-initatives-strong- h1-2013.html.

Nam, D. G., “Development and Future service model of intelligent communication objects,” The Journal of Korean Institute of Communications and Information Sciences, Vol. 27, pp. 3-9, 2010.

Naphade, M., Banavar, G., Harrison, C., Paraszczak, J., and Morris, R., “Smarter cities and their innovation challenges,” the IEEE Computer Society, Vol. 44, pp. 32-39, 2011.

Oracle, Internet of Things: Role of Oracle Fusion Middleware, Oracle White Paper, 2014.

OVUM, The Telco Opportunity in Machine-to-Machine Communications, 2011.

Peter, M., Peter, K., and Jim T., Forecast: The Internet of Things, Worldwide, Gartner, 2013.

Pyo, C. S., Gang, H. Y., Kim, N. S., and Bang, H. C., “IoT(M2M) Technology Trends and Future Direction,” The Korean Institute of Communications and Information Sciences, Vol. 30, pp. 3-10, 2013.

Verizon M2M Homepage, http://www. verizonenterprise.com/products/m2m/.


Refbacks

  • There are currently no refbacks.