Redefining Vertical Market Business Processes : The Impact on Industry from the Internet of Things (IoT)(<Special Issue>Smart Mobile Innovation)

Abstract

Digital information used to be created mainly by humans, flowing between tangible computing devices connected by internal networks and the Internet. Information is now also being created from "things", remotely or worn, via the Internet of Things (IoT). By IoT, we mean the physical objects embedded with sensors and actuators that are connected, with wireless or wired networks, often via Internet Protocol (IP) (Chui 2010). Digital innovations are arising from the digitization of products and services. This study shows how leveraging the affordances of mobile innovation leads to data for new digital innovation for the firm (Yoo et al. 2010).