Internet of Things: Opportunities and Challenges to Business, Society, and IS Research

J. P. Shim, Michel Avital, Alan R. Dennis, Olivia Sheng, Matti Rossi, Carsten Sørensen, Aaron M. French

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Abstract

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 (IS). 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 IoT research questions in the IS field will be explored.
Original languageEnglish
Title of host publicationICIS 2017 Proceedings
Number of pages6
Place of PublicationAtlanta, GA
PublisherAssociation for Information Systems. AIS Electronic Library (AISeL)
Publication date2017
Publication statusPublished - 2017
EventICIS 2017: Transforming Society with Digital Innovation - Coex Convention Center , Seoul, Korea, Republic of
Duration: 10 Dec 201713 Dec 2017
Conference number: 38
https://icis2017.aisnet.org/

Conference

ConferenceICIS 2017
Number38
LocationCoex Convention Center
CountryKorea, Republic of
CitySeoul
Period10/12/201713/12/2017
Internet address
SeriesProceedings of the International Conference on Information Systems
Volume2017
ISSN0000-0033

Keywords

  • Internet of Things
  • Low Power Wide Area Network
  • Device and Connection Efficiency
  • Data Analytics
  • Monetization
  • Security
  • IoT Platform and Standards
  • Blockchain
  • Privacy
  • Compliance

Cite this

Shim, J. P., Avital, M., Dennis, A. R., Sheng, O., Rossi, M., Sørensen, C., & French, A. M. (2017). Internet of Things: Opportunities and Challenges to Business, Society, and IS Research. In ICIS 2017 Proceedings Association for Information Systems. AIS Electronic Library (AISeL). Proceedings of the International Conference on Information Systems, Vol.. 2017 http://aisel.aisnet.org/cgi/viewcontent.cgi?article=1330&context=icis2017