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Paper Type

Complete

Paper Number

1189

Description

The Internet of Things acts as a seed for enterprises to collaborate and create new value. This value creation is often concentrated in big enterprises that command large amounts of resources. The craft sector’s small and medium sized enterprises struggle to adopt such new technologies. Lacking resources and in-house capabilities, they increasingly rely on services provided by large enterprises. Collaboration among equals can offer an alternative path for these small and medium sized enterprises. Combining their strengths in an IoT-ecosystem is one way to overcome these limitations. We conducted a case study in the electrical engineering craft to build such an IoT-ecosystem. Participating organizations planned how to develop the existing ecosystem into an IoT-ecosystem. This process was observed to be structured into a status quo and three sequential phases. Our research shows, that sharing data can act as the initial phase to unlock new value in an existing ecosystem. Every enterprise can then work on connecting its clients’ systems to enable an eventual opening to join the IoT-ecosystem. This three-phased approach offers enterprises a tool to work towards an IoT-ecosystem. Researchers can apply the three-phased approach as an analytic tool to reason about progress towards an IoT-ecosystem.

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Aug 10th, 12:00 AM

Crafting an IoT-Ecosystem – A Three-Phased Approach

The Internet of Things acts as a seed for enterprises to collaborate and create new value. This value creation is often concentrated in big enterprises that command large amounts of resources. The craft sector’s small and medium sized enterprises struggle to adopt such new technologies. Lacking resources and in-house capabilities, they increasingly rely on services provided by large enterprises. Collaboration among equals can offer an alternative path for these small and medium sized enterprises. Combining their strengths in an IoT-ecosystem is one way to overcome these limitations. We conducted a case study in the electrical engineering craft to build such an IoT-ecosystem. Participating organizations planned how to develop the existing ecosystem into an IoT-ecosystem. This process was observed to be structured into a status quo and three sequential phases. Our research shows, that sharing data can act as the initial phase to unlock new value in an existing ecosystem. Every enterprise can then work on connecting its clients’ systems to enable an eventual opening to join the IoT-ecosystem. This three-phased approach offers enterprises a tool to work towards an IoT-ecosystem. Researchers can apply the three-phased approach as an analytic tool to reason about progress towards an IoT-ecosystem.

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