THE ECONOMIC VALUE OF THE INDUSTRIAL INTERNET OF THINGS
THE ECONOMIC VALUE OF THE INDUSTRIAL INTERNET OF THINGS
Author(s): Gheorghe H. PopescuSubject(s): Supranational / Global Economy
Published by: Addleton Academic Publishers
Keywords: Industrial Internet of Things; economic growth; technology
Summary/Abstract: The paper aims to analyze and discuss the implementation of the industrial internet, the Industrial Internet of Things (IIoT) as an instrument to impel internal competitiveness and economic growth, and intrinsic tendencies impacting the Internet of Things (IoT) ecosystem. The overall results provide strong evidence for the IIoT’s capacity to determine economic growth, the consequences and soundness of the IIoT’s economic expansion, and the upshot of utilizing IoT technologies in outstanding economic spheres.
Journal: Journal of Self-Governance and Management Economics
- Issue Year: 3/2015
- Issue No: 2
- Page Range: 86-91
- Page Count: 6
- Language: English
- Content File-PDF