Constructing a Multi-Sided Business Model for a Smart Horizontal IoT Service Platform
06 October 2013
In order to realize a viable business ecosystem in the Internet of Things (IoT), a smart horizontal IoT service platform as researched in the FP7 iCore project can bring value and economies of scale to all required ecosystem stakeholders.
By means of an example application domain case, this paper constructs a multi-sided business model illustrating how such viable business ecosystem can be achieved leveraging the key iCore platform features.