A Study on the Choice of Business Models of the Internet of Things

摘要

the Internet of things is a network system based on the Internet and by the use of information technology to achieve the goal of objects' automatic identification and information sharing. Although the coverage of current application has been very rich, most of the demonstration applications are paid by government, and those constructed voluntarily by users are still in its infancy. In addition, high cost and lack of a mature business model are also the main factors that restricted the fast promotion and large-scale development of the Internet of things. So, it is essential to explore effective business models for promoting the development of the Internet of things. This paper analyzes the main elements of business models of the Internet of things, and then discusses some kinds of business models existed at home and abroad for now and indeed points out the issues to be considered when choosing business models for the Internet of things, and finally proposes business models to be selected according to the different stages of the development of the Internet of things in China.