The transformative effect of the internet of things on business and society

dc.contributorAalto-yliopistofi
dc.contributorAalto Universityen
dc.contributor.authorShim, J. P.en_US
dc.contributor.authorAvital, Michelen_US
dc.contributor.authorDennis, Alan R.en_US
dc.contributor.authorRossi, Mattien_US
dc.contributor.authorSørensen, Carstenen_US
dc.contributor.authorFrench, Aaronen_US
dc.contributor.departmentDepartment of Information and Service Managementen
dc.contributor.organizationGeorgia State Universityen_US
dc.contributor.organizationCopenhagen Business Schoolen_US
dc.contributor.organizationIndiana Universityen_US
dc.contributor.organizationLondon School of Economics and Political Scienceen_US
dc.contributor.organizationUniversity of New Mexicoen_US
dc.date.accessioned2020-01-02T14:13:21Z
dc.date.available2020-01-02T14:13:21Z
dc.date.issued2019-01en_US
dc.description.abstractThis 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.en
dc.description.versionPeer revieweden
dc.format.extent12
dc.format.extent129-140
dc.format.mimetypeapplication/pdfen_US
dc.identifier.citationShim, J P, Avital, M, Dennis, A R, Rossi, M, Sørensen, C & French, A 2019, ' The transformative effect of the internet of things on business and society ', Communications of the association for information systems, vol. 44, no. 1, 5, pp. 129-140 . https://doi.org/10.17705/1CAIS.04405en
dc.identifier.doi10.17705/1CAIS.04405en_US
dc.identifier.issn1529-3181
dc.identifier.otherPURE UUID: f37ea7d9-98af-47bf-8dfb-b5db6e3f8970en_US
dc.identifier.otherPURE ITEMURL: https://research.aalto.fi/en/publications/f37ea7d9-98af-47bf-8dfb-b5db6e3f8970en_US
dc.identifier.otherPURE LINK: http://www.scopus.com/inward/record.url?scp=85063989566&partnerID=8YFLogxKen_US
dc.identifier.otherPURE FILEURL: https://research.aalto.fi/files/38841295/The_Transformative_Effect_of_the_Internet_of_Things_on_Business_a_1.pdfen_US
dc.identifier.urihttps://aaltodoc.aalto.fi/handle/123456789/42298
dc.identifier.urnURN:NBN:fi:aalto-202001021409
dc.language.isoenen
dc.publisherAssociation for Information Systems
dc.relation.ispartofseriesCommunications of the association for information systemsen
dc.relation.ispartofseriesVolume 44, issue 1en
dc.rightsopenAccessen
dc.subject.keywordBlockchain technologyen_US
dc.subject.keywordBusiness transformationen_US
dc.subject.keywordEnd-user servicesen_US
dc.subject.keywordEthicsen_US
dc.subject.keywordInternet of thingsen_US
dc.subject.keywordIoT platformsen_US
dc.subject.keywordIoT standardsen_US
dc.subject.keywordMonetizationen_US
dc.subject.keywordSecurityen_US
dc.titleThe transformative effect of the internet of things on business and societyen
dc.typeA1 Alkuperäisartikkeli tieteellisessä aikakauslehdessäfi
dc.type.versionpublishedVersion
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