Digital Transformation Through Internet of Things Services

2019 | HICSS | Citations: 0

Authors: Keskin, Tayfun; Erciyes, Burcu Tan

Abstract: Internet of Things (IoT) have been disrupting industries through shifting novel ... Expand

Abstract: Internet of Things (IoT) have been disrupting industries through shifting novel services, and business models. Organizations should also redesign their business service models to navigate this disruption. A holistic understanding of digital transformation through IoT requires the cooperation of multiple disciplines ranging from engineering to economics. This paper utilizes a conceptual model to develop an analytical framework to investigate a number of pricing strategies enabled by different business models. Our findings demonstrate that the Internet of Things phenomenon has the potential to disrupt the way we do business by connecting markets and enabling new business models. Collapse

Topics: internet of things mobile system price management business model digital good

Methods: conceptual modelling mathematical model longitudinal research qualitative interview personal interview

Towards Open Production: Designing a marketplace for 3D-printing capacities

2019 | International Conference on Information Systems | Citations: 0

Authors: Stein, Nikolai; Walter, Benedikt; Flath, Christoph

Abstract: In recent years, IT systems have facilitated the creation of open systems and th ... Expand

Abstract: In recent years, IT systems have facilitated the creation of open systems and thereby served as an enabler for resource sharing across various industries. Often electronic marketplaces have been established as opening processes. In the manufacturing sector, marketplaces focus primarily on the direct purchase of standardized products as highly specialized machine tools impede capacity trading. However, the emergence of additive manufacturing changes this logic, giving firms the opportunity to trade 3D-printing capacities. In this paper, we pursue a design-oriented research approach to develop and evaluate a prototypical platform for market-based coordination of 3D-printing capacities. The platform allows firms to enhance profits by marketing surplus capacity or hedge risks by mitigating capacity mismatches. Such sharing of production capacities instantiates a form of an open production system. Our artifact leverages methods from information systems, operations research, and economics to cope with the complexity of the task. Collapse

Topics: 3D printing production management Python manufacturing information system willingness to pay

Methods: design artifact simulation design science computational algorithm optimization model

Digital Business Strategy and Value Creation: Framing the Dynamic Cycle of Control Points

2013 | Management Information Systems Quarterly | Citations: 114

Authors: Pagani, Margherita

Abstract: Within changing value networks, the profits and competitive advantages of partic ... Expand

Abstract: Within changing value networks, the profits and competitive advantages of participation reside dynamically at control points that are the positions of greatest value and/or power. The enterprises that hold these positions have a great deal of control over how the network operates, how the benefits are redistributed, and how this influences the execution of a digital business strategy. This article is based on a field study that provides preliminary, yet promising, empirical evidence that sheds light on the dynamic cycle of value creation and value capture points in digitally enabled networks in response to triggers related to technology and business strategy. The context used is that of the European and U.S. broadcasting industry. Specifically, the paper illustrates how incremental innovations may shift value networks from static, vertically integrated networks to more loosely coupled networks, and how cross-boundary industry disruptions may then, in turn, shift those to two-sided markets. Based on the analysis, insights and implications for digital business strategy research and practice are then provided. Collapse

Topics: value creation innovation management digital business strategy strategic management digital ecosystem

Methods: qualitative interview longitudinal research case study field study hierarchical linear modeling

Theories: social network theory