Creating an Internet of Things solution based business model in construction business
Seppälä, Juho (2018)
2018
Johtaminen ja tietotekniikka (Pori)
Talouden ja rakentamisen tiedekunta - Faculty of Business and Built Environment
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Hyväksymispäivämäärä
2018-12-05
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:tty-201811122563
https://urn.fi/URN:NBN:fi:tty-201811122563
Tiivistelmä
This study investigates Internet of Things (IoT) and its deployment with fuel containers in construction sites. The target company is the leading construction machinery rental company in Finland. The physical targets of the IoT application of this work, the fuel containers form one of the company’s product categories. IoT is breaking through in virtually all industries and it is a little by little changing the business logics of the companies. The practical basis for this study is to provide another step forward for the company on the road of Internet of Things and to strengthen the direction of the upcoming IoT projects of the company.
The study was conducted as a case study with a participatory action research method. The research consist of two parts. In the theoretical part the three main topics of the work, sensors, communication technologies and business models are discussed by reviewing literature. The second, empirical part of the research includes the analysis of the current situation of the operational environment along with the consideration of the technical and business alternatives and the overview of the accomplished IoT pilot process. The theoretical review was based on the books and articles that have been written by various specialized authorities of the technical or managerial issues in IoT. The current situation analysis was created by interviewing the experts of the topic and from the survey analysis.
The most important finding of the current situation was that IoT-based remote liquid level measurement is truly needed because sudden fuel drains occur occasionally in construction sites. These drains are causing certain problems, such as additional costs for urgent orders and the worst, even work stoppages on the sites. To meet these problems, an IoT-based pilot was carried out together with a chosen IoT-oriented partner company. Two IoT-refuel service concepts are presented here in Business Model framework as a recommendation for the target company.
The study was conducted as a case study with a participatory action research method. The research consist of two parts. In the theoretical part the three main topics of the work, sensors, communication technologies and business models are discussed by reviewing literature. The second, empirical part of the research includes the analysis of the current situation of the operational environment along with the consideration of the technical and business alternatives and the overview of the accomplished IoT pilot process. The theoretical review was based on the books and articles that have been written by various specialized authorities of the technical or managerial issues in IoT. The current situation analysis was created by interviewing the experts of the topic and from the survey analysis.
The most important finding of the current situation was that IoT-based remote liquid level measurement is truly needed because sudden fuel drains occur occasionally in construction sites. These drains are causing certain problems, such as additional costs for urgent orders and the worst, even work stoppages on the sites. To meet these problems, an IoT-based pilot was carried out together with a chosen IoT-oriented partner company. Two IoT-refuel service concepts are presented here in Business Model framework as a recommendation for the target company.