A Review on Service Business Model Using IoT
- DOI
- 10.2991/ahis.k.210913.070How to use a DOI?
- Keywords
- Business model, IoT, Subscription, Vertical
- Abstract
The connected devices have become an important element for businesses as it provides significant innovation in business model. This paper discusses on the different business models which contributed to the values of businesses. As for the vertical business model, we have learned that different types of integration can be applied to other companies and manufacturers as a method to access the resources needed for the development of a product. By using a vertical business model, companies are able to control its suppliers and retail location directly without any external influence. As such, it provides greater flexibility and control in the overall business operations.
- Copyright
- © 2021, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Tan Guan Cheng AU - Intan Farahana Binti Kamsin AU - Nur Khairunnisha Zainal PY - 2021 DA - 2021/09/13 TI - A Review on Service Business Model Using IoT BT - Proceedings of the 3rd International Conference on Integrated Intelligent Computing Communication & Security (ICIIC 2021) PB - Atlantis Press SP - 554 EP - 558 SN - 2589-4900 UR - https://doi.org/10.2991/ahis.k.210913.070 DO - 10.2991/ahis.k.210913.070 ID - Cheng2021 ER -