Can Internet of Things (Cloud) Deliver True Business Transformation?

Abstract

In this paper, we envision IoT based Cloud to extract value other than the specified purpose for which it is to be utilized. It is hereby apprehended that different types of values, rather business values could efficiently be assimilated from the Internet of Things Cloud platforms. It is also investigated to identify numerous domains of applications that are currently being associated with the similar cloud platforms. A case study on various types of value generation methods has been performed. A novel Internet of Things Cloud stack is proposed to disseminate and aggregate the business values. Few research challenges are observed that shall need appropriate indulgence to generate more values out of Internet of Things based Cloud.