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Conceptualizing and Assessing the Value of Internet of Things Solutions

Title data

Baltuttis, Dennik ; Häckel, Björn ; Claudius, Jonas ; Oberländer, Anna Maria ; Röglinger, Maximilian ; Seyfried, Johannes:
Conceptualizing and Assessing the Value of Internet of Things Solutions.
In: Journal of Business Research. (2022) .
ISSN 0148-2963

Project information

Project title:
Project's official titleProject's id
Projektgruppe WI IoTNo information

Abstract in another language

The Internet of Things (IoT) is associated with enormous economic potential. However, actual revenues remain below expectations, particularly in industrial contexts where effective value assessment is a critical barrier to market success. As a deeper understanding of how IoT solu-tions create value is required to address this challenge, we develop a framework and corre-sponding value levers for the value assessment of Industrial IoT solutions. Taking an IoT solu-tion provider perspective, we evaluated the framework with five IoT solution providers and applied the value levers for an initial value quantification. Our work extends previous research and contributes to the knowledge on the value of IT and IoT. Further, it provides practical support for the value assessment of industrial IoT solutions.

Further data

Item Type: Article in a journal
Refereed: Yes
Keywords: Internet of Things; Industrial Internet of Things; Value Assessment; Value Creation; Framework; Value Levers
Institutions of the University: Faculties > Faculty of Law, Business and Economics > Department of Business Administration
Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Chair Business Administration XVII - Information Systems and Value-Based Business Process Management
Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Chair Business Administration XVII - Information Systems and Value-Based Business Process Management > Chair Information Systems and Value-Based Business Process Management - Univ.-Prof. Dr. Maximilian Röglinger
Research Institutions
Research Institutions > Affiliated Institutes
Research Institutions > Affiliated Institutes > Fraunhofer Project Group Business and Information Systems Engineering
Research Institutions > Affiliated Institutes > FIM Research Center Finance & Information Management
Result of work at the UBT: Yes
DDC Subjects: 000 Computer Science, information, general works > 004 Computer science
300 Social sciences > 330 Economics
Date Deposited: 02 Nov 2021 10:30
Last Modified: 02 Nov 2021 10:30
URI: https://eref.uni-bayreuth.de/id/eprint/67649