Emerging business models exploiting the Internet of Things : a critical qualitative review of the literature with an emphasis on South Africa
Date
2018
Authors
Grabe, Jarrod Daniel
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Abstract
ABSTRACT
The Internet of Things (IoT), or the connection of everyday objects to data-sharing networks, is widely viewed as the next stage in the development of the Internet. This analysis, therefore, presents a wide-ranging evidence-based analysis of existing and potential business models designed to capitalize on this new development utilizing a systematic review methodology grounded in Rogers' (2010) diffusion of innovations theory, based on the research question: How might current and potential business models be adapted to exploit the opportunities (and minimize the risks) posed by IoT in the near to medium terms? In addition to exploring contexts and emerging tools, the report considers distinct case studies of IoT applications that might be indicative of future developments. Data collection was performed using database searches of academic and industry literatures; after sampling, data was subjected to thematic content analysis.
Description
MBA Thesis
Keywords
Business enterprises -- Computer networks. Business networks -- South Africa. Internet of things.