Economic models for wireless sensor network-based services

Speaker : Luis Guijarro Coloma
Universidad Politecnica de Valencia
Date: 12/07/2017
Time: 2:00 pm - 3:00 pm
Location: LINCS Seminars room


The Internet of Things is one of the hottest topics being debated today across industries worldwide. Successful IoT deployment needs sustainable business models that are well understood. This seminar will present such business models, its rationale and the analytical models used for their discussion. The proposals are drawn from the research conducted recently by the speaker.The business models are based on service providers that intermediate between wireless sensor networks that sense data and users that benefit from enhanced service build around the sensed data. Scenarios where the service provider operates without and with competition are modelled, analyzed and discussed. The modelling and analysis tools are borrowed from microeconomics, optimization and game theory.The seminar will present some scenarios and the models employed for the analysis of each one. Then it will proceed to present the analysis performed and, finally, it will discuss the results of the analysis.