Start Date
10-12-2017 12:00 AM
Description
Recent research reports illustrate that Internet of things (IoT) is projected to be a multi-trillion dollar opportunity by 2020, with 50 billion devices connected by then. The IoT is a leading-edge topic in Information Systems. In a hyperconnected economy, IoT can transform a business radically. Numerous devices are being produced with software and connectivity added to them, making them what is commonly referred to as "smart" devices. The IoT is in position to make a huge impact on the world where it is considered to be the next industrial revolution. It will influence the way consumers, businesses, and governments interact with the world. The panel covers IoT issues, such as devices/connection efficiency, security, privacy, analytics, monetization and end-user services, IoT and Blockchain convergence, platform and standards, and compliances. Three themes, i.e., how IoT transforms business and society, the bright and dark sides of IoT, and research questions will be explored.
Recommended Citation
Shim, J.P.; Avital, Michel; Dennis, Alan; Sheng, Olivia; Rossi, Matti; Sorensen, Carsten; and French, Aaron, "Internet of Things: Opportunities and Challenges to Business, Society, and IS Research" (2017). ICIS 2017 Proceedings. 2.
https://aisel.aisnet.org/icis2017/Panels/Presentations/2
Internet of Things: Opportunities and Challenges to Business, Society, and IS Research
Recent research reports illustrate that Internet of things (IoT) is projected to be a multi-trillion dollar opportunity by 2020, with 50 billion devices connected by then. The IoT is a leading-edge topic in Information Systems. In a hyperconnected economy, IoT can transform a business radically. Numerous devices are being produced with software and connectivity added to them, making them what is commonly referred to as "smart" devices. The IoT is in position to make a huge impact on the world where it is considered to be the next industrial revolution. It will influence the way consumers, businesses, and governments interact with the world. The panel covers IoT issues, such as devices/connection efficiency, security, privacy, analytics, monetization and end-user services, IoT and Blockchain convergence, platform and standards, and compliances. Three themes, i.e., how IoT transforms business and society, the bright and dark sides of IoT, and research questions will be explored.