Industrial Internet of Things (IIoT) Business Model Classification

Herbert Endres, Marta Indulska, Arunava Ghosh, Abayomi Baiyere, Stefan Broser

Publikation: Bidrag til bog/antologi/rapportKonferencebidrag i proceedingsForskningpeer review


Currently, there is a mismatch between the potential and the reality of capturing value from the Industrial Internet of Things (IIoT). Furthermore, the lack of empirical guidance on appropriate IIoT business models isn’t helping to address this mismatch. Based on a content analysis of IIoT projects from entrepreneurial firms and incumbents, which we collected from 1,043 publications in industry trade magazines and newspapers over a six-year period (2011-2017), this article identifies IIoT-specific business model elements and archetypes. Our study provides two main contributions. First, our analysis enables a broad understanding of IIoT business models in practice by taking into account different perspectives. Our findings reveal different business model archetypes in the context of IIoT, namely: IIoT digical, IIoT service-centered, IIoT data-driven, and IIoT platform. Second, we derive specific management implications for capturing value from IIoT business models based on our exploration of IIoT business model elements.
TitelProceedings of the 40th International Conference on Information Systems (ICIS)
RedaktørerHelmut Krcmar, Jane Fedorowicz, Wai Fong Boh, Jan Marco Leimeister, Sunil Wattal
Antal sider16
UdgivelsesstedAtlanta, GA
ForlagAssociation for Information Systems. AIS Electronic Library (AISeL)
ISBN (Elektronisk)9780996683197
StatusUdgivet - 2019
BegivenhedThe 40th International Conference on Information Systems. ICIS 2019: Information Systems - The Heart of Innovation Ecosystems - International Congress Center Munich (ICM), Munich, Tyskland
Varighed: 15 dec. 201918 dec. 2019
Konferencens nummer: 40


KonferenceThe 40th International Conference on Information Systems. ICIS 2019
LokationInternational Congress Center Munich (ICM)
NavnProceedings of the International Conference on Information Systems


  • Industrial Internet of Things (IIoT)
  • Industry 4.0
  • Business model classification
  • Content analysis