Conceptual Modeling of IoT Ecosystems: A Business-Oriented Approach
Keywords:IoT ecosystems, business processes, Internet-of-Things, conceptual modeling, interoperability
In this paper, a new approach to the conceptual modeling of IoT ecosystems is presented. Taking into consideration the business processes of an organization, this approach allows the creation of models which integrate IoT-devices and IoT-governed activities into the business flow of the company. The main purpose of this research is to help organizations make faster and more efficient choices based on formalized input/output from their IoT-resources and networks. The use of modeling and formal description is necessary in order to include IoT in ERPsystems, so that IoT is considered in the overall strategic planning and decision making on all levels.
ACM Computing Classification System (1998): C.2.0, K.6.0.