Internet of Things: Opportunities and Challenges to Business, Society, and IS Research

J. P. Shim, Michel Avital, Olivia Sheng, Carsten Sorensen, Alan R. Dennis, Matti Rossi, Aaron M. French

Research output: Contribution to conferencePaperScientificpeer-review


Recent research reports illustrate that Internet of things (IoT) is projected to be a multi-trillion dollar opportunity by 2020, with 50 billion devices connected by then. The IoT is a leading-edge topic in Information Systems (IS). In a hyper-connected economy, IoT can transform a business radically. Numerous devices are being produced with software and connectivity added to them, making them what is commonly referred to as "smart" devices. The IoT is in position to make a huge impact on the world where it is considered to be the next industrial revolution. It will influence the way consumers, businesses, and governments interact with the world. The panel covers IoT issues, such as devices/connection efficiency, security, privacy, analytics, monetization and end-user services, IoT and Blockchain convergence, platform and standards, and compliances. Three themes, i.e., how IoT transforms business and society, the bright and dark sides of IoT, and IoT research questions in the IS field will be explored.

Original languageEnglish
Publication statusPublished - 2017
MoE publication typeNot Eligible
EventInternational Conference on Information Systems - Seoul, Korea, Republic of
Duration: 10 Dec 201713 Dec 2017
Conference number: 38


ConferenceInternational Conference on Information Systems
Abbreviated titleICIS
Country/TerritoryKorea, Republic of


  • Blockchain
  • Compliance
  • Connection Efficiency
  • Data Analytics
  • Device
  • Internet of Things
  • IoT Platform
  • Low Power Wide Area Network
  • Monetization
  • Privacy
  • Security
  • Standards


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